Hecla Mining (HL) Return on Invested Capital [ROIC] (2010 - 2026)
Hecla Mining (HL) reported Return on Invested Capital [ROIC] of 19.88% for Q2 2026, up 16.67 percentage points from 3.21% a year earlier and up 3.85 percentage points from the prior quarter.
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Analysis
Hecla Mining (HL) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Hecla Mining posted Return on Invested Capital [ROIC] of 12.71%, up 10.51 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +12.71 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 2.21% in FY2024 (+3.95 pp), -1.75% in FY2023 (-1.31 pp), -0.43% in FY2022 (-4.14 pp) and 3.71% in FY2021 (+3.71 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2010.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last nine quarters, with an average year-over-year change of +7.24 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2026 (a gain of 16.67 percentage points); the low point was Q2 2022 (a drop of 6.01 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.02% (Q1 2026), 11.25% (Q4 2025) and 6.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 7.86% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 4.89% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 35.18% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 29.31% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.54% |
| 10 | Hecla Mining | 11.55 Bn | 10.03 Bn | - | 19.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.88% |
| Mar 31, 2026 | 16.02% |
| Dec 31, 2025 | 11.25% |
| Sep 30, 2025 | 6.48% |
| Jun 30, 2025 | 3.21% |
| Mar 31, 2025 | 3.41% |
| Dec 31, 2024 | 2.23% |
| Sep 30, 2024 | 1.00% |
| Jun 30, 2024 | -0.36% |
| Mar 31, 2024 | -1.72% |
| Dec 31, 2023 | -1.72% |
| Sep 30, 2023 | -0.46% |
| Jun 30, 2023 | -0.88% |
| Mar 31, 2023 | -0.71% |
| Dec 31, 2022 | -0.42% |
| Sep 30, 2022 | 0.33% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 3.69% |
| Sep 30, 2021 | 4.02% |
API Access
Hecla Mining Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=HL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=HL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();