HudBay Minerals Inc

HBM Basic Materials Copper

HudBay Minerals Inc’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 9.39% from fiscal 2024.

Revenue
+17.7%
EPS
+13.3%
Free cash flow
+4.51%
Total debt
−19.5%

Quarter to June 2026, against a year earlier

20.80 0.22 +1.07%
Market cap
$9.1B
P/E
12.2×
Fwd P/E
13.7×
Dividend yield
0.11%
F-score
7/9
Altman Z
2.51
Beneish M
−2.13
Dividend safety
66/100

HudBay Minerals Inc (HBM) Gross margin

Alert me on Gross margin

HudBay Minerals Inc's gross margin over the twelve months to 30 June 2026 was 39.4%, up 5.8 percentage points from fiscal 2025 (33.6%). Over the past ten years it has ranged from 3.57% (fiscal 2020) to 33.6% (fiscal 2025) — the current reading is the highest in ten years. That is below the Copper industry median of 42.8% and above the Basic Materials sector median of 25.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 33.6% 6.21
FY2024 27.4% 4.18
FY2023 23.2% 4.27
FY2022 19.0% 10.23
FY2021 8.72% 5.15
FY2020 3.57% (8.68)
FY2019 12.3% (13.13)
FY2018 25.4% (3.80)
FY2017 29.2% 9.43
FY2016 19.8% 6.39

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 42.6% (5.98)
Mar 2026 48.6% 11.74
Dec 2025 36.9% 18.02
Sep 2025 18.8% (14.07)
42 more quarters

Against its own ten years

Low 3.57% High 33.6%
Ten-year median 19.8%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
SCCO Southern Copper Corporation compare 65.2%
IE Ivanhoe Electric Inc. compare 59.0%
ERO Ero Copper Corp. compare 42.8%
HBM HudBay Minerals Inc 39.4%
FCX Freeport-McMoRan Inc. compare 28.0%
LCU Lion Copper Corp. compare —
COPR Idaho Copper Corporation compare —
Copper industry median 42.8%
Basic Materials sector median 25.0%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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