Hecla Mining (HL) Gross Margin (2015 - 2026)
Hecla Mining's Gross Margin came in at 61.55% for Q1 2026, up 28.11 percentage points from 33.45% a year earlier and up 6.16 percentage points from the prior quarter.
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Analysis
Hecla Mining (HL) Gross Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Hecla Mining reported Gross Margin of 53.86%, up 27.66 percentage points year-over-year; for FY2025, it came in at 43.72%, up 22.41 percentage points from FY2024.
- Gross Margin carries a five-year change of +20.44 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 21.31% in FY2024 (+5.63 pp), 15.68% in FY2023 (-0.47 pp), 16.16% in FY2022 (-10.82 pp) and 26.97% in FY2021 (+3.69 pp).
- The Q1 2026 figure represents the highest quarterly Gross Margin in data going back to Q3 2015.
- Year-over-year, Gross Margin has increased for seven consecutive quarters, with an average year-over-year change of +20.21 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2025 (a gain of 33.64 percentage points), and the weakest in Q4 2022 (a drop of 15.93 percentage points).
- Business Quant data shows HL's Gross Margin at 55.39% (Q4 2025), 44.07% (Q3 2025) and 54.58% (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 67.60% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 65.87% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 21.68% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | Hecla Mining | 11.43 Bn | 9.91 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 61.55% |
| Dec 31, 2025 | 55.39% |
| Sep 30, 2025 | 44.07% |
| Jun 30, 2025 | 54.58% |
| 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% |
| Jun 30, 2021 | 28.41% |
API Access
Hecla Mining Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();