Hecla Mining (HL) Return on Capital Employed [ROCE] (2010 - 2026)
Hecla Mining's Return on Capital Employed [ROCE] was 23.55% in Q2 2026, up 17.96 percentage points from 5.58% a year earlier and up 3.70 percentage points from the prior quarter.
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Analysis
Hecla Mining (HL) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Hecla Mining came in at 16.94%, up 13.14 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +14.29 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 3.80% in FY2024 (+5.39 pp), -1.59% in FY2023 (-1.12 pp), -0.47% in FY2022 (-3.74 pp) and 3.27% in FY2021 (+0.62 pp).
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2010.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for nine straight quarters, with an average year-over-year change of +8.97 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q2 2026 (a gain of 17.96 percentage points); the worst was Q2 2022 (a drop of 3.96 percentage points).
- Per Business Quant data, HL's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 19.84% (Q1 2026), 15.00% (Q4 2025) and 9.47% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.51% |
| 10 | Hecla Mining | 11.55 Bn | 10.03 Bn | - | 23.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.55% |
| Mar 31, 2026 | 19.84% |
| Dec 31, 2025 | 15.00% |
| Sep 30, 2025 | 9.47% |
| Jun 30, 2025 | 5.58% |
| Mar 31, 2025 | 5.25% |
| Dec 31, 2024 | 3.84% |
| Sep 30, 2024 | 0.93% |
| Jun 30, 2024 | -0.33% |
| Mar 31, 2024 | -1.58% |
| Dec 31, 2023 | -1.58% |
| Sep 30, 2023 | -0.42% |
| Jun 30, 2023 | -0.88% |
| Mar 31, 2023 | -0.78% |
| Dec 31, 2022 | -0.45% |
| Sep 30, 2022 | 0.71% |
| Jun 30, 2022 | 1.39% |
| Mar 31, 2022 | 2.24% |
| Dec 31, 2021 | 3.28% |
| Sep 30, 2021 | 3.55% |
API Access
Hecla Mining Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=HL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=HL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();