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NYSE · Materials

HECLA MINING CO/DE/ (HL)

As-reported financials and SEC filings for HECLA MINING CO/DE/. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About HECLA MINING CO/DE/

Hecla Mining Company is a mining company that discovers, acquires, develops, and operates mines producing silver, gold, lead, zinc, and copper concentrates, as well as unrefined doré and carbon materials containing precious metals. It sells these products to custom smelters, metal traders, and refiners. The company operates primarily in North America with key mining segments including Greens Creek in Alaska, Lucky Friday in Idaho, Keno Hill in Canada, and Casa Berardi in Quebec, which it plans to sell in 2026.

Snapshot

Revenue
$1.42B
Revenue growth (YoY)
53.0%
Net income
$321.7M
Diluted EPS
$0.49
Gross margin
43.7%
Operating margin
36.2%
Net margin
22.6%
FCF margin
21.8%
ROE
12.4%
net income / fiscal-year-end equity
P/E
24.6×
trailing when available, otherwise FY EPS
Market cap
$13.69B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Hecla Mining Co/de/

  • Revenue grew 53.0% to $1.4B in FY2025, faster than the 29.1% the year before.
  • Operating margin is 36.2% in FY2025, +25.8 pp against 10.3% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $334M, up 52.4% from Q2 FY2025.
  • Free cash flow was $310M in FY2025, 21.8% of revenue.
  • Net income rose 798.6% to $322M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Hecla Mining Co/de/’s fundamentals sit among the 241 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin43.7%
85th percentile of 191
Operating margin36.2%
98th percentile of 189
Net margin22.6%
97th percentile of 221
FCF margin21.8%
96th percentile of 205
Revenue growth (YoY)+53.0%
94th percentile of 236
ROE12.4%
73rd percentile of 216
P/E24.6×
60th percentile of 134
Short interest1.00d
1st percentile of 238

Hecla Mining Co/de/’s operating margin of 36.2% ranks in the 98th percentile of the 189 Materials companies reporting it. Hecla Mining Co/de/’s net margin of 22.6% ranks in the 97th percentile of the 221 Materials companies reporting it. Hecla Mining Co/de/’s FCF margin of 21.8% ranks in the 96th percentile of the 205 Materials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 2 insider sales totaling $498,136. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
7
6 trimmed, 1 exited
Combined position
$423.6M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$154.0M10.0MAdded
Renaissance TechnologiesquantQ2 2026$150.2M9.7MAdded
D. E. ShawquantQ2 2026$54.6M3.5MReduced
Millennium ManagementquantQ2 2026$24.8M1.6MReduced
AQR Capital ManagementquantQ2 2026$19.3M1.3MReduced
First Eagle Investment ManagementQ2 2026$6.2M402.0KReduced
Bridgewater AssociatesQ2 2026$5.8M376.1KReduced
Gotham Asset ManagementQ2 2026$5.2M337.1KAdded
Citadel AdvisorsquantQ2 2026$3.5M229.5KReduced

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
2
$498K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-20
filed 2026-08-21
Malone Patrick ShayVP - SustainabilitySell23.9K$20.76$496K
2026-08-20
filed 2026-08-21
Malone Patrick ShayVP - SustainabilitySell100$20.97$2K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
37.9M
settled 2026-08-14
Change vs prior
-19.9%
vs previous settlement
Days to cover
1.00
at avg daily volume
Avg daily volume
38.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1437.9M-19.9%1.00
2026-07-3147.3M+15.0%1.00
2026-07-1541.2M-2.0%1.42
2026-06-3042.0M+6.5%1.07
2026-06-1539.4M+19.8%1.80
2026-05-2932.9M-0.4%2.45
2026-05-1533.0M+6.7%2.04
2026-04-3031.0M-4.3%2.79

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.42B$929.9M$720.2M$718.9M$807.5M
Gross profit$622.2M$198.2M$112.9M$116.2M$217.8M
Operating income$514.8M$106.3M$-44.7M$-12.4M$83.4M
Net income$321.7M$35.8M$-84.2M$-37.3M$35.1M
Diluted EPS$0.49$0.06$-0.14$-0.07$0.06

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$241.6M$26.9M$106.4M$104.7M$210.0M
Current assets$629.3M$214.2M$260.3M$267.7M$341.6M
Total assets$3.56B$2.98B$3.01B$2.93B$2.73B
Current liabilities$231.6M$197.8M$157.5M$178.5M$160.4M
Long-term debt
Total liabilities$969.0M$941.5M$1.04B$948.2M$968.0M
Total equity$2.59B$2.04B$1.97B$1.98B$1.76B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$562.6M$218.3M$75.5M$89.9M$220.3M
Capital expenditure$252.4M$214.5M$223.9M$149.4M$109.0M
Free cash flow$310.2M$3.8M$-148.4M$-59.5M$111.3M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$333.9M52.4%$117.9M$0.17
Q1 FY2026$411.4M100.4%$-19.0M$-0.03
Q4 FY2025$448.1M79.5%$134.4M$0.20
Q3 FY2025$409.5M67.1%$100.7M$0.15
Q2 FY2025$219.0M-10.9%$57.7M$0.09
Q1 FY2025$205.3M8.3%$28.9M$0.05
Q4 FY2024$249.7M55.4%$11.9M$0.02
Q3 FY2024$245.1M34.7%$1.8M$0.00

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorMaterials
SIC industryMining & Quarrying of Nonmetallic Minerals (No Fuels)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK719413

Selected SEC filings

10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-08-28
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-05-22
View on EDGAR →
8-K2026-05-05
View on EDGAR →

Largest Materials peers

All Materials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.