HBM
Hudbay Minerals Inc.
NYSE: HBM · BASIC MATERIALS · COPPER
$22.46
-2.26% today
Updated 2026-04-29
Market cap
$8.92B
P/E ratio
15.60
P/S ratio
4.04x
EPS (TTM)
$1.44
Dividend yield
0.07%
52W range
$7 – $29
Volume
5.8M
Hudbay Minerals Inc. (HBM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $968.60M | $1.28B | $806.82M | $688.30M | $778.69M | $872.50M | $706.20M | $485.36M | $482.36M | $805.48M | $1.13B | $1.40B | $1.47B | $1.24B | $1.09B | $1.50B | $1.46B | $1.69B | $2.02B | $2.20B |
| Revenue growth (YoY) | — | +32.4% | -37.1% | -14.7% | +13.1% | +12.0% | -19.1% | -31.3% | -0.6% | +67.0% | +40.1% | +24.2% | +5.0% | -16.0% | -11.7% | +37.5% | -2.7% | +15.6% | +19.6% | +8.9% |
| Cost of revenue | $513.09M | $737.91M | $563.37M | $483.05M | $547.91M | $575.29M | $507.58M | $410.23M | $428.12M | $550.70M | $905.80M | $988.61M | $1.10B | $1.09B | $1.05B | $1.37B | $1.18B | $1.30B | $1.04B | $1.56B |
| Gross profit | $455.52M | $544.37M | $243.45M | $205.25M | $232.99M | $297.20M | $198.62M | $75.14M | $54.24M | $118.36M | $222.88M | $373.94M | $373.74M | $151.54M | $39.00M | $131.02M | $276.89M | $392.56M | $980.40M | $639.91M |
| Gross margin | 47.0% | 42.5% | 30.2% | 29.8% | 29.9% | 34.1% | 28.1% | 15.5% | 11.2% | 14.7% | 19.7% | 26.7% | 25.4% | 12.2% | 3.6% | 8.7% | 18.9% | 23.2% | 48.5% | 29.1% |
| R&D | $10.90M | $30.80M | $24.00M | $6.70M | $28.90M | $45.96M | $43.60M | $22.60M | $10.07M | $9.43M | $4.74M | $15.47M | $28.57M | $30.77M | — | — | — | — | — | — |
| SG&A | $22.90M | $28.10M | $34.95M | $46.67M | $34.64M | $463000.00 | $816000.00 | $1.96M | $4.62M | $30.20M | $37.77M | $42.28M | $27.24M | $36.17M | $41.41M | $41.54M | $33.99M | $37.95M | $57.00M | $93.20M |
| Operating income | $384.78M | $392.17M | $167.59M | $41.14M | $110.11M | $207.49M | $102.25M | $-6.46M | $-29.68M | $-328.43M | $169.78M | $352.50M | $298.86M | $-288.77M | $-37.19M | $18.27M | $214.31M | $297.17M | $400.30M | $562.07M |
| Operating margin | 39.7% | 30.6% | 20.8% | 6.0% | 14.1% | 23.8% | 14.5% | -1.3% | -6.2% | -40.8% | 15.0% | 25.1% | 20.3% | -23.3% | -3.4% | 1.2% | 14.7% | 17.6% | 19.8% | 25.5% |
| EBITDA | $447.01M | $487.80M | $212.35M | $231.45M | $233.19M | $310.43M | $128.69M | $30.16M | $101.77M | $-96.89M | $449.11M | $651.86M | $573.28M | $-33.36M | $267.23M | $231.76M | $502.54M | $653.09M | $856.30M | $1.02B |
| EBITDA margin | 46.2% | 38.0% | 26.3% | 33.6% | 29.9% | 35.6% | 18.2% | 6.2% | 21.1% | -12.0% | 39.8% | 46.5% | 38.9% | -2.7% | 24.5% | 15.4% | 34.4% | 38.6% | 42.4% | 46.4% |
| EBIT | $384.78M | $392.17M | $139.80M | $135.25M | $116.47M | $207.98M | $51.68M | $-42.63M | $18.02M | $-299.91M | $151.01M | $339.02M | $240.13M | $-380.00M | $-96.38M | $-128.00M | $163.48M | $242.68M | $418.40M | $562.07M |
| Interest expense | $0.00 | $0.00 | $469833.00 | $147072.00 | $7.81M | $6.47M | $11.87M | $9.97M | $4.39M | $67.61M | $161.21M | $159.89M | $129.68M | $81.25M | $96.37M | $81.83M | $72.55M | $88.07M | $80.44M | $75.09M |
| Income tax | $-104.27M | $139.67M | $79.13M | $27.82M | $68.24M | $131.08M | $72.22M | $50.03M | $-51.33M | $-67.61M | $40.80M | $33.22M | $85.42M | $-108.95M | $-34.51M | $41.61M | $25.43M | $82.29M | $183.80M | — |
| Effective tax rate | -27.5% | 37.8% | 56.8% | 20.5% | 76.5% | -666.9% | 140.7% | -110.3% | -366.0% | 16.9% | 727.9% | 19.2% | 50.0% | 24.1% | 19.3% | -20.5% | 26.5% | 55.3% | 70.6% | 0.0% |
| Net income | $483.86M | $229.36M | $60.27M | $107.70M | $21.01M | $-150.73M | $-20.89M | $-95.41M | $65.35M | $-331.43M | $-35.19M | $139.69M | $85.42M | $-343.81M | $-144.58M | $-244.36M | $70.38M | $66.40M | $76.70M | $578.45M |
| Net income growth (YoY) | — | -52.6% | -73.7% | +78.7% | -80.5% | -817.3% | +86.1% | -356.7% | +168.5% | -607.2% | +89.4% | +496.9% | -38.9% | -502.5% | +57.9% | -69.0% | +128.8% | -5.7% | +15.5% | +654.2% |
| Profit margin | 50.0% | 17.9% | 7.5% | 15.6% | 2.7% | -17.3% | -3.0% | -19.7% | 13.5% | -41.1% | -3.1% | 10.0% | 5.8% | -27.8% | -13.2% | -16.3% | 4.8% | 3.9% | 3.8% | 26.3% |