Hecla Mining Co (HL) Financial Statements
Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels)
In fiscal 2025, Hecla Mining reported revenue of $1.42B, up 53.0% from $929.9M the year before. Net income was $321.7M (a 22.6% net margin), or $0.49 per diluted share. Gross margin was 43.7% and operating margin was 36.2%. Operating activities generated $562.6M of cash, leaving $310.2M of free cash flow. At fiscal year end, Hecla Mining held $3.56B in total assets against $969.0M in total liabilities, including $241.6M of cash and equivalents.
Open the full interactive Hecla Mining financials → Quarterly statements, key ratios, valuation history and price charts.
Hecla Mining Key Stats
| Share Price | $16.18 |
|---|---|
| Market Cap | $10.94B |
| P/E Ratio | 33.0 |
| Dividend Yield | 0.10% |
| Revenue YoY Growth | +53.0% |
| 52-Week Range | $11.96 – $31.79 |
| Shares Outstanding | 670.8 million (basic, 2026 Q2) |
Hecla Mining Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $691.9M | $807.5M | $718.9M | $720.2M | $929.9M | $1.42B |
| Cost of Goods Sold | $546.2M | $589.7M | $602.7M | $607.3M | $731.7M | $800.8M |
| Gross Profit | $145.7M | $217.8M | $116.2M | $112.9M | $198.2M | $622.2M |
| Operating Income | $51.6M | $83.4M | $12.4M | -$44.7M | $106.3M | $514.8M |
| Pre-Tax Income | -$16.7M | $5.5M | -$44.9M | -$83.0M | $66.2M | $479.2M |
| Income Tax | $135,000 | -$29.6M | $7.6M | $1.2M | $30.4M | $157.5M |
| Net Income | -$16.8M | $35.1M | -$37.3M | -$84.2M | $35.8M | $321.7M |
| Diluted EPS | -$0.03 | $0.06 | $0.07 | -$0.14 | $0.06 | $0.49 |
Hecla Mining Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $409.5M | $448.1M | $411.4M | $333.9M |
| Net Income | $100.7M | $134.4M | -$19.0M | $117.9M |
| Diluted EPS | $0.15 | $0.20 | -$0.03 | $0.17 |
Hecla Mining Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $129.8M | $210.0M | $104.7M | $106.4M | $26.9M | $241.6M |
| Current Assets | $284.7M | $341.6M | $267.7M | $260.3M | $214.2M | $629.3M |
| Total Assets | $2.67B | $2.73B | $2.93B | $3.01B | $2.98B | $3.56B |
| Current Liabilities | $149.8M | $160.4M | $178.5M | $157.5M | $197.8M | $231.6M |
| Total Long-Term Debt | $507.2M | $508.1M | $517.7M | $653.1M | $508.9M | $268.6M |
| Total Liabilities | $965.4M | $968.0M | $948.2M | $1.04B | $941.5M | $969.0M |
| Shareholders' Equity | $1.70B | $1.76B | $1.98B | $1.97B | $2.04B | $2.59B |
Hecla Mining Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $180.8M | $220.3M | $89.9M | $75.5M | $218.3M | $562.6M |
| Cash From Investing | -$92.9M | -$107.0M | $187.3M | -$231.3M | -$212.9M | -$270.5M |
| Cash From Financing | -$19.4M | -$32.6M | -$7.5M | $156.3M | -$83.8M | -$78.0M |
| Free Cash Flow | $89.8M | $111.3M | -$59.5M | -$148.4M | $3.8M | $310.2M |
| Dividends Paid | — | $20.7M | $12.9M | $15.7M | $25.3M | $10.4M |
Figures from Hecla Mining's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Hecla Mining financials page for every line item.
Hecla Mining Company Profile
| Ticker | HL |
|---|---|
| Exchange | NYSE |
| Industry | Mining & Quarrying of Nonmetallic Minerals (No Fuels) |
| Headquarters | Coeur D'Alene, Idaho |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000719413 |
Frequently Asked Questions
What was Hecla Mining's revenue in fiscal 2025?
Hecla Mining (HL) reported revenue of $1.42B for fiscal 2025.
What is Hecla Mining's annual revenue history?
Hecla Mining's annual revenue by fiscal year: 2020: $691.9M; 2021: $807.5M; 2022: $718.9M; 2023: $720.2M; 2024: $929.9M; 2025: $1.42B.
What was Hecla Mining's net income in fiscal 2025?
Hecla Mining reported net income of $321.7M for fiscal 2025.
What was Hecla Mining's earnings per share (EPS) in fiscal 2025?
Hecla Mining's diluted EPS was $0.49 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Hecla Mining generate in fiscal 2025?
Hecla Mining generated $310.2M of free cash flow in fiscal 2025.
What was Hecla Mining's revenue last quarter?
In its most recent reported quarter (2026 Q2), Hecla Mining reported revenue of $333.9M.
How much debt does Hecla Mining have?
Hecla Mining reported $268.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Hecla Mining are outstanding?
Hecla Mining reported a weighted average of 670.8 million basic shares outstanding in 2026 Q2.
What is Hecla Mining's market cap?
Based on its latest closing price, Hecla Mining (HL) has a market capitalization of about $10.94B.
When does Hecla Mining's fiscal year end?
Hecla Mining's fiscal year end, as registered with the SEC, is December 31.
Where is Hecla Mining headquartered?
Hecla Mining lists its business address in Coeur D'Alene, Idaho in its SEC filings.
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