Hecla Mining (HL) Net Margin (2015 - 2026)
Hecla Mining (HL) recorded Net Margin of 35.27% in Q2 2026, up 8.98 percentage points from 26.29% a year earlier and up 39.93 percentage points from the prior quarter.
Hecla Mining (HL) Net Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Hecla Mining's Net Margin came in at 20.80% as of Jun 30, 2026, up 9.95 percentage points year-over-year; for FY2025, it was 22.57%, up 18.78 percentage points from FY2024.
- Annual Net Margin has a five-year change of +24.02 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 3.79% in FY2024 (+15.56 pp), -11.77% in FY2023 (-6.50 pp), -5.27% in FY2022 (-9.55 pp) and 4.28% in FY2021 (+5.72 pp).
- The Q2 2026 figure is the highest quarterly Net Margin in data going back to Q3 2015.
- On a year-over-year basis, Net Margin rose in seven of the last eight quarters, with an average year-over-year change of +14.52 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 31.53 percentage points in Q4 2024, against a drop of 24.45 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -4.66% (Q1 2026), 29.96% (Q4 2025) and 24.56% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 38.94% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 35.99% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 7.92% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.00% |
| 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 | 35.75% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 12.31% |
| 10 | Hecla Mining | 11.43 Bn | 9.91 Bn | - | 35.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.27% |
| Mar 31, 2026 | -4.66% |
| Dec 31, 2025 | 29.96% |
| Sep 30, 2025 | 24.56% |
| Jun 30, 2025 | 26.29% |
| Mar 31, 2025 | 13.99% |
| Dec 31, 2024 | 4.72% |
| Sep 30, 2024 | 0.66% |
| Jun 30, 2024 | 11.29% |
| Mar 31, 2024 | -3.11% |
| Dec 31, 2023 | -26.81% |
| Sep 30, 2023 | -12.40% |
| Jun 30, 2023 | -8.89% |
| Mar 31, 2023 | -1.66% |
| Dec 31, 2022 | -2.36% |
| Sep 30, 2022 | -16.17% |
| Jun 30, 2022 | -7.14% |
| Mar 31, 2022 | 2.15% |
| Dec 31, 2021 | 6.34% |
| Sep 30, 2021 | -0.58% |
Hecla Mining Net 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=net-margin&ticker=HL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=HL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();