HECLA MINING CO/DE/ HL

Basic materials SIC 1400 - Mining & Quarrying of Nonmetallic Minerals (No Fuels) NAICS Mining, Quarrying, and Oil and Gas Extraction › Mining (except Oil and Gas) › Nonmetallic Mineral Mining and Quarrying derived NYSE

For information regarding the organization of our business segments and our significant customers, see Note 4 of Notes to Consolidated Financial Statements.

Hecla Mining Company and its subsidiaries have provided precious and base metals to the U.S. and the world since 1891 (in this report, "we" or "our" or "us" refers to Hecla Mining Company and our affiliates and subsidiaries, unless the context requires otherwise). We discover, acquire and develop mines and other mineral interests and produce and market (i) concentrates containing silver, gold, lead, zinc and copper, (ii) carbon material containing silver and gold, and (iii) unrefined doré containing silver and gold. In doing so, we intend to manage our business activities in a safe, environmentally responsible and cost-effective manner.

Last close 13.85 2026-10-23
Market cap $9.30B 2026-06-30 share count
52-week range 11.81 - 34.17

Valuation FY2025 figures against the last close

P/S6.5x
P/E28.3x
P/FCF30.0x
EV/EBITDA13.2x
Dividend yield0.1%
Diluted EPS0.49

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • Canada
  • Korea
  • United States
  • Japan
  • China
  • Other
Revenue by geography, 6 categories over 1 years. The same figures are in the table below. FY2025 Canada, FY2025: 647.1M (45.8%) 46% Canada Korea, FY2025: 611.3M (43.2%) 43% Korea United States, FY2025: 60.7M (4.3%) 4% Japan, FY2025: 56.2M (4.0%) 4% Japan China, FY2025: 29.8M (2.1%) Other, FY2025: 8.5M (0.6%)
Region FY2025
Canada $647.1M
Korea $611.3M
United States $60.7M
Japan $56.2M
China $29.8M
Other $8.5M

As the company reported it, from the “Note 4 -Business Segments, Sales of Products and Significant Customers - Schedule of Sales Information by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.42B$929.9M$720.2M$718.9M$807.5M$691.9M$673.3M$567.1M$577.8M$646.0M
Cost of revenue $800.8M$731.7M$607.3M$602.7M$589.7M$530.8M$639.4M$488.0M$425.3M$462.0M
Gross profit $622.2M$198.2M$112.9M$116.2M$217.8M$161.1M$33.8M$79.1M$152.4M$184.0M
R&D —————$0$535.0K$5.4M$3.3M$243.0K
SG&A $57.6M$45.4M$42.7M$43.4M$34.6M$35.6M$35.8M$36.5M$35.6M$45.0M
Total operating expenses $107.4M$91.9M$157.6M$128.6M$134.4M$94.1M$80.5M$118.2M$92.3M$74.6M
Operating income $514.8M$106.3M-$44.7M-$12.4M$83.4M$67.0M-$46.7M-$39.1M$60.1M$109.4M
Interest expense $41.6M$49.8M$43.3M$42.8M$41.9M$49.6M$48.4M$40.9M$38.0M$21.8M
Pre-tax income $479.2M$66.2M-$83.0M-$44.9M$5.5M-$1.3M-$113.2M-$33.3M-$7.6M$89.7M
Income tax $157.5M$30.4M$1.2M$7.6M$29.6M$8.2M$18.3M$6.7M$21.0M$28.1M
Net income $321.7M$35.8M-$84.2M-$37.3M$35.1M-$9.5M-$94.9M-$26.6M-$28.5M$61.6M
EPS, basic 0.490.06-0.14-0.070.06-0.02-0.19-0.06-0.070.16
EPS, diluted 0.490.06-0.14-0.070.06-0.02-0.19-0.06-0.070.16
Shares, diluted (wtd. avg.) 655.8M622.5M605.7M557.3M542,176527.3M490.4M433.4M397.4M389.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $241.6M$26.9M$106.4M$104.7M$210.0M$129.8M$62.5M$27.4M$186.1M$169.8M
Short-term investments $59.6M$0—————$0$33.8M$29.1M
Receivables $170.2M$31.5M$19.4M$45.1M$36.4M$27.9M$12.0M$4.2M$14.8M$20.1M
Inventory $38.1M$35.0M$28.8M$37.3M—$57.6M$30.1M———
Total current assets $629.3M$214.2M$260.3M$267.7M$341.6M$284.3M$178.8M$164.2M$321.2M$291.1M
Property, plant and equipment $2.84B$2.69B$2.67B$2.57B$2.31B$2.38B$2.45B$2.52B$2.00B$2.03B
Total assets $3.56B$2.98B$3.01B$2.93B$2.73B$2.70B$2.66B$2.70B$2.35B$2.36B
Accounts payable $102.3M$89.0M$81.6M$84.7M$68.1M$68.5M$57.7M$77.9M$46.5M$60.1M
Short-term debt $0$33.6M$0——————$470.0K
Total current liabilities $231.6M$197.8M$157.5M$178.5M$160.4M$147.2M$117.0M$136.2M$112.1M$126.2M
Long-term debt ——————$504.7M$532.8M$502.2M$501.0M
Total liabilities $969.0M$941.5M$1.04B$948.2M$968.0M$986.4M$964.2M$1.01B$883.9M$891.8M
Retained earnings -$182.1M-$493.5M-$503.9M-$403.9M-$353.7M-$368.1M-$349.2M-$248.3M-$218.1M-$185.0M
Total equity $2.59B$2.04B$1.97B$1.98B$1.76B$1.71B$1.70B$1.69B$1.46B$1.46B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $562.6M$218.3M$75.5M$89.9M$220.3M$180.8M$120.9M$94.2M$115.9M$225.3M
Depreciation and amortisation $165.6M$190.5M$163.7M$145.1M$172.7M$155.0M$196.4M$140.9M$126.5M$124.9M
Stock-based compensation $10.9M$8.7M$6.6M$6.0M$6.1M$6.5M$5.7M$6.3M$6.3M$6.2M
Capital expenditure $252.4M$214.5M$223.9M$149.4M$109.0M$91.0M$121.4M$136.9M$98.0M$164.8M
Investing cash flow -$270.5M-$212.9M-$231.3M-$187.3M-$107.0M$92.9M-$119.9M-$236.5M-$96.6M-$197.5M
Financing cash flow -$78.0M-$83.8M$156.3M-$7.5M-$32.6M-$19.4M$33.2M-$14.9M-$5.2M-$12.0M
Dividends paid $10.4M$25.3M$15.7M$12.9M$20.7M$9.2M$5.5M$4.4M$4.0M$3.9M
Buybacks $885.0K$1.2M$2.0M$3.7M$4.5M$2.7M$2.2M$2.7M$2.9M$4.4M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-151210.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B Revenue, FY2016: 646M Gross profit, FY2016: 184M Net income, FY2016: 61.6M Revenue, FY2017: 577.8M Gross profit, FY2017: 152.4M Net income, FY2017: -28.5M Revenue, FY2018: 567.1M Gross profit, FY2018: 79.1M Net income, FY2018: -26.6M Revenue, FY2019: 673.3M Gross profit, FY2019: 33.8M Net income, FY2019: -94.9M Revenue, FY2020: 691.9M Gross profit, FY2020: 161.1M Net income, FY2020: -9.5M Revenue, FY2021: 807.5M Gross profit, FY2021: 217.8M Net income, FY2021: 35.1M Revenue, FY2022: 718.9M Gross profit, FY2022: 116.2M Net income, FY2022: -37.3M Revenue, FY2023: 720.2M Gross profit, FY2023: 112.9M Net income, FY2023: -84.2M Revenue, FY2024: 929.9M Gross profit, FY2024: 198.2M Net income, FY2024: 35.8M Revenue, FY2025: 1.4B Gross profit, FY2025: 622.2M Net income, FY2025: 321.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $646.0M $577.8M $567.1M $673.3M $691.9M $807.5M $718.9M $720.2M $929.9M $1.42B
Gross profit $184.0M $152.4M $79.1M $33.8M $161.1M $217.8M $116.2M $112.9M $198.2M $622.2M
Net income $61.6M -$28.5M -$26.6M -$94.9M -$9.5M $35.1M -$37.3M -$84.2M $35.8M $321.7M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Other event Item 8.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • Debt acceleration or default Something has triggered a lender's right to demand early repayment - usually a covenant breach. Item 2.04
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Other event Item 8.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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