14 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 13.5% per year over the past 5 years.
Operating margin has expanded, at 1.3% in the latest year.
Financial health
Total debt ($126M) exceeds cash ($51M); net debt is $75M.
Total debt has grown faster than revenue (21.2% vs 13.5% per year).
Total debt is 4.1× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$198M
-$1M
24.1%
1.3%
—
$126M
$51M
2024
$174M
-$44M
17.7%
-29.0%
—
$52M
$14M
2023
$166M
$55M
10.7%
-97.5%
—
$40M
$23M
2022
$110M
-$81M
-0.5%
-86.4%
—
$54M
$40M
2021
$137M
-$57M
-4.7%
-47.1%
—
$49M
$54M
2020
$105M
-$152M
-25.7%
-146.2%
—
$48M
$21M
2019
$117M
-$60M
7.7%
-54.6%
—
$25M
$46M
2018
$128M
-$45M
25.0%
-36.8%
-$62M
$25M
$16M
2017
$67M
-$11M
29.8%
-39.0%
-$33M
—
$27M
2016
$60M
$21M
53.4%
25.4%
$6M
—
$37M
2015
$73M
-$20M
52.6%
-67.6%
$15M
—
$26M
2014
$45M
—
10.4%
-905.4%
—
—
$12M
2013
$46M
—
24.8%
-435.8%
—
—
$24M
2012
$6M
—
35.3%
-1532.1%
—
—
$71M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$74M
$33M
42.5%
55.7%
—
$126M
$57M
Dec '25
$65M
$38M
26.9%
34.2%
—
$126M
$51M
Sep '25
$51M
-$462000
15.5%
-16.7%
—
$126M
$51M
Jun '25
$47M
$3M
26.3%
-7.2%
—
$126M
$54M
Mar '25
$36M
-$6M
28.2%
-21.4%
—
$126M
$69M
Dec '24
$34M
-$8M
1.1%
-43.4%
—
$52M
$14M
Sep '24
$52M
-$2M
26.4%
-0.2%
—
$31M
$29M
Jun '24
$47M
-$13M
22.7%
-29.4%
—
$34M
$41M
Mar '24
$41M
-$20M
14.6%
-53.3%
—
$37M
$22M
Dec '23
$59M
$141M
22.2%
-80.7%
—
$40M
$23M
Sep '23
$38M
-$28M
9.8%
-75.1%
—
$40M
$49M
Jun '23
$34M
-$43M
-10.1%
-125.1%
—
$40M
$85M
Mar '23
$35M
-$36M
12.8%
-123.2%
—
$48M
$191M
Dec '22
$28M
-$42M
-1.0%
-138.7%
—
$54M
$40M
Sep '22
$26M
-$11M
5.8%
-59.9%
—
$64M
$55M
Jun '22
$31M
-$12M
13.8%
-54.1%
—
$64M
$44M
Mar '22
$26M
-$21M
-23.5%
-94.4%
—
$64M
$64M
Dec '21
$35M
-$21M
-16.9%
-64.4%
—
$49M
$54M
Sep '21
$37M
-$17M
0.9%
-47.0%
—
$24M
$63M
Jun '21
$41M
-$6M
10.0%
-22.0%
—
$24M
$42M
Valuation over time
How the market has priced MUX 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 risen from 6.9× (Jan '24) to 9.0× (Nov '24).
The price-to-sales ratio has risen from 4.6× (Mar '23) to 5.2× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is MUX growing its revenue and profit?
Over the past 5 years, Mcewen Inc.'s revenue has grown 13.5% per year. These are computed facts, not advice.
How much debt does MUX have?
As of FY2025, Mcewen Inc. reported $126M of total debt against $51M of cash.
What is MUX's profit margin?
In FY2025, gross margin was 24.1%, operating margin 1.3%, and net margin -0.6%.
What is MUX's P/E ratio?
As of Jun '26, Mcewen Inc. traded at a price-to-earnings ratio of about 9.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S 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.