Hecla Mining (HL) Gross Margin (2009 - 2026)
Hecla Mining's (HL) quarterly Gross Margin came in at 61.55% in Q1 2026, up 2811.0% YoY from 2.11% in Q1 2025, and up 11.13% on a QoQ basis from 55.39% in Q4 2025.
Hecla Mining (HL) Gross Margin (2009 - 2026) Analysis & Trends
Hecla Mining (HL) has 18 years of Gross Margin data on file, last reported at 61.55% in Q1 2026.
- Quarterly Gross Margin rose 2811.0% year-over-year to 61.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 50.95% (up 2475.0% YoY) and the FY2025 annual result came in at 43.72%, up 2241.0% from the prior year.
- Gross Margin rose to 61.55% in Q1 2026, from 55.39% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 61.55% in Q1 2026 to a low of 4.27% in Q4 2023.
- A 5-year average of 25.89% and a median of 21.14% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 1593 bps — and 2026, when it surged 2811 bps.
- Tracing HL's Gross Margin over 5 years: stood at 12.84% in 2022, then slumped by 67 bps to 4.27% in 2023, then surged by 541 bps to 27.37% in 2024, then jumped by 102 bps to 55.39% in 2025, then rose by 11 bps to 61.55% in 2026.
- The last three Gross Margin figures came in at 61.55% (Q1 2026), 55.39% (Q4 2025), and 44.07% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.93 Bn | 13.44 Bn | 332.52 Mn | 99.60% |
| 2 | Buenaventura Mining | 8.96 Bn | 7.95 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.96 Bn | 6.95 Bn | 88.25 Mn | 68.30% |
| 4 | Perpetua Resources | 3.21 Bn | 3.21 Bn | - | - |
| 5 | Solaris Resources | 1.49 Bn | 1.44 Bn | - | - |
| 6 | Elemental Royalty | 1.43 Bn | 1.36 Bn | 15.71 Mn | 64.57% |
| 7 | McEwen | 1.26 Bn | 1.16 Bn | 20.08 Mn | 33.90% |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | 58.96% |
| 9 | Metalla Royalty & Streaming | 1.04 Bn | 1.03 Bn | 4.75 Mn | - |
| 10 | Integra Resources | 551.63 Mn | 445.00 Mn | 24.85 Mn | 40.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 99.60% |
| Mar 31, 2026 | 61.55% |
| Dec 31, 2025 | 55.39% |
| Sep 30, 2025 | 44.07% |
| Jun 30, 2025 | 39.31% |
| Mar 31, 2025 | 33.45% |
| Dec 31, 2024 | 27.37% |
| Sep 30, 2024 | 24.19% |
| Jun 30, 2024 | 20.94% |
| Mar 31, 2024 | 10.11% |
| Dec 31, 2023 | 4.27% |
| Sep 30, 2023 | 18.40% |
| Jun 30, 2023 | 21.14% |
| Mar 31, 2023 | 17.52% |
| Dec 31, 2022 | 12.84% |
| Sep 30, 2022 | 5.77% |
| Jun 30, 2022 | 19.48% |
| Mar 31, 2022 | 24.36% |
| Dec 31, 2021 | 28.77% |
| Sep 30, 2021 | 18.20% |