
Hecla Mining Company Income Statement 2025-2011 | HL
Brief overview of income trends at Hecla Mining Company
This overview is based on financial performance over the past five years. According to figures from Hecla Mining Company, revenue changed from 692 million dollars to 1.4 billion dollars over five years. The cumulative result was +105.7%, corresponding to roughly 15.5% per year. The pace indicates confident and sustained business growth.
At the gross-profit level, the result moved from $161 million to $622 million, a change of +286.2%. Cost of revenue developed more favorably than sales, supporting gross profitability. The gross margin was 23.3% at the start and 43.7% at the end. Improving gross profitability strengthens the quality of revenue growth.
EBITDA was 222 million dollars at the beginning and 680 million dollars at the end of the period (+206.5%). The operating result outpaced sales and points to improving efficiency. At the operating-margin level, the figure shifted from 32.1% to 47.8%. The company improved its ability to convert sales into EBITDA.
Net income moved from −9.5 million dollars at the start to 322 million dollars at the end. A negative result turned positive over the five years.
Market capitalization changed from 3.4 billion dollars to 14 billion dollars (+307.7%). The valuation did not keep pace with the reported progress.
What the figures show
The five-year financial profile is predominantly positive. The positive side is supported by net-income growth, revenue expansion and higher operating efficiency. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Hecla Mining Company
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
14 B | 3.96 B | 2.19 B | 2.86 B | 3.09 B | 3.42 B | 1.46 B | 1.12 B | 1.47 B | 2.43 B | 696 M | 1.16 B | 982 M | 1.51 B | 1.49 B |
Shares |
652 M | 621 M | 606 M | 557 M | 536 M | 527 M | 490 M | 433 M | 397 M | 386 M | 374 M | 353 M | 319 M | 285 M | 281 M |
Historical Prices |
21.4 | 6.38 | 3.62 | 5.14 | 5.76 | 6.49 | 2.61 | 2.36 | 3.59 | 5.46 | 2.52 | 3.22 | 3.27 | 4.46 | 4.82 |
Net Income |
322 M | 35.8 M | -84.2 M | -37.3 M | 35.1 M | -9.46 M | -99.6 M | -26.6 M | -23.5 M | 69.5 M | -87 M | 17.8 M | -25.1 M | 15 M | 151 M |
Revenue |
1.42 B | 930 M | 720 M | 719 M | 807 M | 692 M | 673 M | 567 M | 578 M | 646 M | 444 M | 501 M | 383 M | 321 M | 478 M |
Cost of Revenue |
801 M | 732 M | 607 M | 603 M | 590 M | 531 M | 639 M | 488 M | 425 M | 462 M | 405 M | 416 M | 316 M | 178 M | 213 M |
Gross Profit |
622 M | 198 M | 113 M | 116 M | 218 M | 161 M | 23.4 M | 79.1 M | 157 M | 192 M | 38.5 M | 85.2 M | 66.1 M | 144 M | 265 M |
Operating Income |
515 M | 106 M | -44.7 M | -12.4 M | 83.4 M | 67 M | -46.7 M | -39.1 M | 60.1 M | 109 M | -35.6 M | 21.6 M | -32.4 M | 37.9 M | 198 M |
Interest Expense |
-41.6 M | -49.8 M | -43.3 M | -42.8 M | 41.9 M | 49.6 M | 48.4 M | 40.9 M | 38 M | 21.8 M | 25.4 M | 26.8 M | 21.7 M | 2.43 M | 2.88 M |
EBITDA |
680 M | 297 M | 119 M | 133 M | 256 M | 222 M | 165 M | 129 M | 204 M | 237 M | 80.5 M | 134 M | 75.6 M | 114 M | 255 M |
Operating Expenses |
107 M | 91.9 M | 158 M | 129 M | 134 M | 94.1 M | 63.2 M | 90.3 M | 77.1 M | 72 M | 71.6 M | 63.6 M | 73.6 M | 80.1 M | 57.6 M |
General and Administrative Expenses |
57.6 M | 45.4 M | 42.7 M | 43.4 M | 34.6 M | 35.6 M | 35.8 M | 36.5 M | 35.6 M | 45 M | 34.2 M | 31.5 M | 28.9 M | 21.3 M | - |
All numbers in USD currency
Quarterly Income Statement Hecla Mining Company
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
670 M | 669 M | 637 M | 632 M | 622 M | 617 M | 616 M | 608 M | 604 M | 600 M | - | 555 M | 539 M | 538 M | - | 537 M | 536 M | 534 M | 532 M | 530 M | 525 M | 523 M | 523 M | 490 M | 486 M | 483 M | 483 M | 453 M | 401 M | 399 M | 399 M | 399 M | 396 M | 395 M | 395 M | 388 M | 384 M | 379 K | 378 M | 378 M | 371 M | 369 M | 367 M | 359 M | 344 M | 343 M | 343 M | 343 M | 304 M | 285 M | 285 M | 285 M | 285 M | 285 M | 285 M | 280 M | 279 M | 278 M |
Net Income |
-19 M | 101 M | 57.7 M | 28.9 M | 1.76 M | 27.9 M | -5.75 M | -22.4 M | -15.7 M | -3.17 M | - | -23.5 M | -13.5 M | 4.15 M | - | -979 K | 2.75 M | 21.5 M | - | -9.46 M | -12 M | -15.8 M | - | -19.5 M | -46.5 M | -25.5 M | - | -23.2 M | 12.1 M | 8.24 M | - | -28.5 M | -24.9 M | 25.1 M | - | 25.8 M | 24.1 M | -618 K | - | -9.89 M | -26.7 M | 12.6 M | - | 3.68 M | -14.4 M | 11.6 M | - | -8.46 M | -24.9 M | 11.1 M | - | -885 K | 2.52 M | 12.6 M | - | 55.9 M | 33.3 M | 43.4 M |
Revenue |
411 M | 410 M | 304 M | 205 M | 245 M | 246 M | 190 M | 182 M | 178 M | 200 M | - | 146 M | 191 M | 186 M | - | 194 M | 218 M | 211 M | - | - | - | - | - | - | - | - | - | - | - | 140 M | - | 141 M | 134 M | 143 M | - | 179 M | 171 M | 131 M | - | 105 M | 104 M | 119 M | - | 136 M | 118 M | 126 M | - | 107 M | 85.3 M | 76.4 M | - | 81.9 M | 67 M | - | - | - | - | - |
Cost of Revenue |
158 M | 229 M | 185 M | 137 M | 186 M | 194 M | 170 M | 148 M | 140 M | 165 M | - | 138 M | 154 M | 141 M | - | 158 M | 156 M | 143 M | - | 531 M | 128 M | 124 M | - | 147 M | 154 M | 149 M | - | 137 M | 112 M | 101 M | - | 425 M | 105 M | 109 M | - | - | 113 M | 100 M | - | 108 M | 94.7 M | 99.2 M | - | 113 M | 98.8 M | 104 M | - | 85.9 M | 80.2 M | 50.8 M | - | 44.6 M | 43.1 M | 43 M | - | 52.7 M | 50.1 M | 56.8 M |
Gross Profit |
253 M | 180 M | 120 M | 68.7 M | 59.3 M | 51.4 M | 19.2 M | 33.5 M | 37.7 M | 34.9 M | - | 8.45 M | 37.3 M | 45.4 M | - | 35.2 M | 61.9 M | 67.4 M | - | 161 M | 38.1 M | 13.4 M | - | 14.9 M | -20.2 M | 3.44 M | - | 6.58 M | 35 M | 38.8 M | - | 152 M | 29.7 M | 33.4 M | - | 58.7 M | 58.5 M | 30.8 M | - | -2.56 M | 9.46 M | 19.9 M | - | 22 M | 18.7 M | 22.2 M | - | 20.7 M | 5.11 M | 25.6 M | - | 37.3 M | 24 M | 48.2 M | - | 67.8 M | 67.8 M | 79.6 M |
Operating Income |
223 M | 149 M | 93.8 M | 47.4 M | 22.5 M | 40.6 M | 5.06 M | -12.6 M | 4.81 M | 5.55 M | - | -25.5 M | 7.71 M | 14.8 M | - | -8.57 M | 29.1 M | 41 M | - | 67 M | 13.9 M | -13 M | - | -5.11 M | -43.5 M | -16.1 M | - | -30.4 M | 3.76 M | 11.9 M | - | 60.1 M | 2.51 M | 14.4 M | - | 38.2 M | 41.6 M | 15.6 M | - | -21.2 M | -17.3 M | 4.92 M | - | 6.27 M | 5.03 M | 7.91 M | - | 1.74 M | -32.6 M | -2.21 M | - | 8.73 M | -2.48 M | 25.4 M | - | 43.5 M | 53.8 M | 68.7 M |
Interest Expense |
5.66 M | 13.4 M | 11.1 M | 11.4 M | 10.9 M | 12.5 M | 12.6 M | 10.7 M | 10.3 M | 10.2 M | - | 10.9 M | 10.5 M | 10.4 M | - | 10.5 M | 10.3 M | 10.7 M | - | 10.8 M | 11.8 M | 16.3 M | - | 11.8 M | 11.3 M | 10.7 M | - | 10.1 M | 10.1 M | 9.79 M | - | 9.36 M | 10.5 M | 8.52 M | - | 5.57 M | 5.37 M | 5.71 M | - | 6.62 M | 6.54 M | 6.19 M | - | 6.5 M | 6.96 M | 6.84 M | - | 7.35 M | 6.45 M | 704 K | - | 591 K | 505 K | 467 K | - | 411 K | 1.5 M | 477 K |
EBITDA |
258 M | - | - | 78 M | - | - | 56.3 M | - | - | 45.4 M | - | 81.3 M | 7.71 M | 50.2 M | - | 131 M | 29.1 M | 88 M | - | 222 M | 98.1 M | 26.7 M | - | 138 M | 47.3 M | 24.1 M | - | 78.4 M | 66.6 M | 41.4 M | - | 187 M | 59.4 M | 45.5 M | - | 122 M | 98.6 M | 41.7 M | - | 60.3 M | 35.7 M | 30.4 M | - | 87.4 M | 59.1 M | 34 M | - | 57 M | 2.21 M | 12.5 M | - | 44.8 M | 20.3 M | 36.7 M | - | 78.3 M | 77.4 M | 81.1 M |
Operating Expenses |
30.1 M | 31.8 M | 25.8 M | 21.3 M | 36.8 M | 10.8 M | 14.1 M | 46.1 M | 32.8 M | 29.4 M | - | 33.9 M | 29.6 M | 30.7 M | - | 43.8 M | 32.8 M | 26.4 M | - | 22.2 M | 23.5 M | 26.4 M | - | 20 M | 23.2 M | 19.6 M | - | 37 M | 31.2 M | 26.8 M | - | 22.7 M | 27.2 M | 19 M | - | 20.4 M | 16.8 M | 15.2 M | - | 18.6 M | 26.8 M | 15 M | - | 15.8 M | 13.7 M | 14.3 M | - | 18.9 M | 37.7 M | 27.8 M | - | 28.6 M | 26.4 M | 22.8 M | - | 24.3 M | 14 M | 10.8 M |
General and Administrative Expenses |
15.8 M | 13.9 M | 12.5 M | 12 M | 10.4 M | 14.7 M | 11.2 M | 7.6 M | 10.8 M | 12.1 M | - | 11 M | 9.69 M | 8.29 M | - | 8.87 M | 11.1 M | 8.01 M | - | 11.7 M | 6.98 M | 8.94 M | - | 7.98 M | 8.92 M | 9.96 M | - | 10.3 M | 9.79 M | 7.74 M | - | 9.53 M | 10.3 M | 9.21 M | - | 11.2 M | 10.4 M | 10.2 M | - | 9.46 M | 8.3 M | 8.72 M | - | 7.88 M | 8.16 M | 7.94 M | - | 7.72 M | 7.48 M | 6.94 M | - | 5.7 M | 5.53 M | 4.5 M | - | 5.56 M | 4.55 M | 4.7 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Hecla Mining Company (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.