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 41 d ago 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 44.3× (Sep '26).
The price-to-sales ratio has risen from 5.9× (Mar '23) to 10.0× (Sep '26).
The dividend yield has fallen from 0.3% (Mar '23) to 0.1% (Sep '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?

As of Sep '26, Hecla Mining Co/De/ traded at a price-to-earnings ratio of about 44.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.