HL Financials Hecla Mining Co/De/

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:16 UTC Overview →

Growth & profitability

Revenue has grown 15.5% per year over the past 5 years.
Operating margin has expanded, at 36.2% in the latest year.
Free cash flow has grown 28.1% per year over the past 5 years.

Financial health

Total debt has grown slower than revenue (0.2% vs 15.5% per year).
Operating income covered interest expense -12.4× in the latest year, down from 1.4× 5 years ago.

Shareholder returns

Dividends have been paid for 12 consecutive years, consuming 3.2% of earnings and 3.3% of free cash flow.
The dividend has grown 2.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$1.4B	$322M	43.7%	36.2%	12.4%	9.0%	$310M	—	$242M
2024	$930M	$36M	21.3%	11.4%	1.8%	1.2%	$4M	—	$27M
2023	$720M	-$84M	15.7%	-6.2%	-4.3%	-2.8%	-$148M	—	$106M
2022	$719M	-$37M	16.2%	-1.7%	-1.9%	-1.3%	-$59M	—	$105M
2021	$807M	$35M	27.0%	10.3%	2.0%	1.3%	$111M	—	$210M
2020	$692M	-$9M	23.3%	9.7%	-0.6%	-0.4%	$90M	—	$130M
2019	$673M	-$95M	5.0%	-6.9%	-5.6%	-3.6%	-$555000	$505M	$62M
2018	$567M	-$27M	13.2%	-6.2%	-1.6%	-1.0%	-$43M	$533M	$27M
2017	$578M	-$29M	26.4%	10.4%	-2.0%	-1.2%	$18M	$502M	$186M
2016	$646M	$62M	28.5%	16.9%	4.2%	2.6%	$61M	$501M	$172M
2015	—	-$87M	—	—	-6.5%	-3.9%	-$31M	$503M	$155M
2014	—	$18M	—	—	1.3%	0.8%	-$39M	$498M	$210M
2013	—	-$25M	—	—	-1.9%	-1.1%	-$124M	$491M	$212M
2012	—	$15M	—	—	1.3%	1.1%	-$44M	$12M	$191M
2011	—	$151M	—	—	13.3%	10.8%	-$18M	—	$266M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$334M	$118M	53.9%	43.6%	4.4%	3.7%	$136M	—	$483M
Mar '26	$411M	-$19M	61.6%	54.2%	-0.7%	-0.6%	$155M	—	$588M
Dec '25	$448M	$134M	55.4%	49.1%	5.2%	3.8%	$135M	—	$242M
Sep '25	$410M	$101M	44.1%	36.3%	4.1%	3.1%	$90M	—	$134M
Jun '25	$219M	$58M	38.9%	26.5%	2.5%	1.7%	$119M	—	$297M
Mar '25	$205M	$29M	33.4%	23.1%	1.4%	1.0%	-$2M	—	$24M
Dec '24	$250M	$12M	27.4%	15.3%	0.6%	0.4%	$7M	—	$27M
Sep '24	$245M	$2M	24.2%	9.2%	0.1%	0.1%	-$690000	—	$22M
Jun '24	$246M	$28M	20.9%	16.5%	1.4%	0.9%	$28M	—	$25M
Mar '24	$190M	-$6M	10.1%	2.7%	-0.3%	-0.2%	-$31M	—	$80M
Dec '23	$161M	-$43M	4.3%	-26.4%	-2.2%	-1.4%	-$62M	—	$106M
Sep '23	$182M	-$22M	18.4%	-6.9%	-1.1%	-0.8%	-$45M	—	$101M
Jun '23	$178M	-$16M	21.1%	2.7%	-0.8%	-0.5%	-$28M	—	$107M
Mar '23	$200M	-$3M	17.5%	2.8%	-0.2%	-0.1%	-$14M	—	$96M
Dec '22	$195M	-$4M	12.8%	-4.8%	-0.2%	-0.2%	-$20M	—	$105M
Sep '22	$146M	-$24M	5.8%	-17.4%	-1.2%	-0.8%	-$62M	—	$145M
Jun '22	$191M	-$14M	19.5%	4.0%	-0.8%	-0.5%	$6M	—	$198M
Mar '22	$186M	$4M	24.4%	7.9%	0.2%	0.2%	$16M	—	$212M
Dec '21	$185M	$12M	28.8%	11.8%	0.7%	0.4%	$25M	—	$210M
Sep '21	$194M	-$979000	18.2%	-4.4%	-0.1%	-0.0%	$16M	—	$191M

Valuation over time

How the market has priced HL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 92.1× (Dec '24) to 28.3× (Nov '26).
The price-to-sales ratio has risen from 5.9× (Mar '23) to 6.4× (Nov '26).
The dividend yield has fallen from 0.3% (Mar '23) to 0.1% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is HL growing its revenue and profit?

Over the past 5 years, Hecla Mining Co/De/'s revenue has grown 15.5% per year. These are computed facts, not advice.

How much debt does HL have?

As of FY2025, Hecla Mining Co/De/ reported — of total debt against $242M of cash; operating income covered interest expense -12.4×.

What is HL's profit margin?

In FY2025, gross margin was 43.7%, operating margin 36.2%, and net margin 22.6%.

What is HL's P/E ratio?

Hecla Mining Co/De/'s P/E (TTM) is 27.23 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the HL stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 28.3× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.