InsiderClue
Stocks · Materials · Metal Mining

Hudbay Minerals Inc.

HBM Clue Score78
Fiscal year ends December CIK 0001322422
$26.12 +2.88% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $26.12 +289.85% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,128.7Operating income169.8Net income−35.2Fiscal year 2017Revenue1,402.3 +24.2%Operating income352.5Net income139.7Fiscal year 2018Revenue1,472.4 +5.0%Operating income298.9Net income85.4 −38.9%Fiscal year 2019Revenue1,237.4 −16.0%Operating income−288.8Net income−343.8 −502.5%Fiscal year 2020Revenue1,092.4 −11.7%Operating income−37.2Net income−144.6EPS, diluted−0.55Fiscal year 2021Revenue1,502.0 +37.5%Operating income18.3Net income−244.4EPS, diluted−0.93Fiscal year 2022Revenue1,461.4 −2.7%Operating income214.3Net income70.4EPS, diluted0.27Fiscal year 2023Revenue1,690.0 +15.6%Operating income297.1Net income66.4 −5.7%EPS, diluted0.22 −18.5%Fiscal year 2024Revenue2,021.2 +19.6%Operating income400.3Net income76.7 +15.5%EPS, diluted0.20 −9.1%Fiscal year 2025Revenue2,211.0 +9.4%Operating income916.5Net income568.5 +641.2%EPS, diluted1.44 +620.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,128.7 1,402.3 1,472.4 1,237.4 1,092.4 1,502.0 1,461.4 1,690.0 2,021.2 2,211.0
Growth +24.2% +5.0% −16.0% −11.7% +37.5% −2.7% +15.6% +19.6% +9.4%
Operating income 169.8 352.5 298.9 −288.8 −37.2 18.3 214.3 297.1 400.3 916.5
Net income −35.2 139.7 85.4 −343.8 −144.6 −244.4 70.4 66.4 76.7 568.5
Growth −38.9% −502.5% −5.7% +15.5% +641.2%
EPS, diluted n/a n/a n/a n/a −0.55 −0.93 0.27 0.22 0.20 1.44
Growth −18.5% −9.1% +620.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin19.7%Operating margin15.0%Net margin−3.1%Free cash flow margin25.0%Fiscal year 2017Gross margin29.2%Operating margin25.1%Net margin10.0%Free cash flow margin20.7%Fiscal year 2018Gross margin25.4%Operating margin20.3%Net margin5.8%Free cash flow margin19.6%Fiscal year 2019Gross margin12.2%Operating margin−23.3%Net margin−27.8%Free cash flow margin4.2%Fiscal year 2020Gross margin3.6%Operating margin−3.4%Net margin−13.2%Free cash flow margin−11.1%Fiscal year 2021Gross margin8.7%Operating margin1.2%Net margin−16.3%Free cash flow margin2.2%Fiscal year 2022Gross margin18.9%Operating margin14.7%Net margin4.8%Free cash flow margin12.2%Fiscal year 2023Gross margin23.2%Operating margin17.6%Net margin3.9%Free cash flow margin11.6%Fiscal year 2024Gross margin27.4%Operating margin19.8%Net margin3.8%Free cash flow margin15.8%Fiscal year 2025Gross margin33.6%Operating margin41.5%Net margin25.7%Free cash flow margin10.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 19.7% 29.2% 25.4% 12.2% 3.6% 8.7% 18.9% 23.2% 27.4% 33.6%
Operating margin 15.0% 25.1% 20.3% −23.3% −3.4% 1.2% 14.7% 17.6% 19.8% 41.5%
Net margin −3.1% 10.0% 5.8% −27.8% −13.2% −16.3% 4.8% 3.9% 3.8% 25.7%
Free cash flow margin 25.0% 20.7% 19.6% 4.2% −11.1% 2.2% 12.2% 11.6% 15.8% 10.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow475.1Capital expenditure−192.8Free cash flow282.3Dividends paid−3.6Fiscal year 2017Operating cash flow539.6Capital expenditure−249.8Free cash flow289.8 +2.7%Dividends paid−3.7Fiscal year 2018Operating cash flow479.6Capital expenditure−190.9Free cash flow288.7 −0.4%Dividends paid−4.0Fiscal year 2019Operating cash flow310.9Capital expenditure−259.2Free cash flow51.7 −82.1%Dividends paid−3.9Fiscal year 2020Operating cash flow239.5Capital expenditure−361.2Free cash flow−121.7 −335.6%Dividends paid−3.8Fiscal year 2021Operating cash flow385.1Capital expenditure−352.2Free cash flow32.9Dividends paid−4.1Fiscal year 2022Operating cash flow487.8Capital expenditure−309.0Free cash flow178.8 +443.7%Dividends paid−4.0Fiscal year 2023Operating cash flow476.9Capital expenditure−281.1Free cash flow195.8 +9.5%Dividends paid−4.5Fiscal year 2024Operating cash flow666.2Capital expenditure−347.1Free cash flow319.1 +63.0%Dividends paid−5.5Fiscal year 2025Operating cash flow707.3Capital expenditure−466.7Free cash flow240.6 −24.6%Dividends paid−5.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 475.1 539.6 479.6 310.9 239.5 385.1 487.8 476.9 666.2 707.3
Capital expenditure −192.8 −249.8 −190.9 −259.2 −361.2 −352.2 −309.0 −281.1 −347.1 −466.7
Free cash flow 282.3 289.8 288.7 51.7 −121.7 32.9 178.8 195.8 319.1 240.6
Growth +2.7% −0.4% −82.1% −335.6% +443.7% +9.5% +63.0% −24.6%
Dividends paid −3.6 −3.7 −4.0 −3.9 −3.8 −4.1 −4.0 −4.5 −5.5 −5.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash146.9Total debt1,232.2Net cash (debt)−1,085.3Shareholders’ equity1,763.2Debt to equity0.70Fiscal year 2017Cash356.5Total debt979.6Net cash (debt)−623.1Shareholders’ equity2,112.3Debt to equity0.46Fiscal year 2018Cash515.5Total debt981.0Net cash (debt)−465.5Shareholders’ equity2,178.9Debt to equity0.45Fiscal year 2019Cash396.1Total debt985.3Net cash (debt)−589.1Shareholders’ equity1,848.1Debt to equity0.53Fiscal year 2020Cash439.1Total debt1,135.7Net cash (debt)−696.5Shareholders’ equity1,699.8Debt to equity0.67Fiscal year 2021Cash271.0Total debt1,180.3Net cash (debt)−909.3Shareholders’ equity1,476.8Debt to equity0.80Fiscal year 2022Cash225.7Total debt1,184.2Net cash (debt)−958.5Shareholders’ equity1,571.8Debt to equity0.75Fiscal year 2023Cash249.8Total debt1,287.5Net cash (debt)−1,037.7Shareholders’ equity2,096.8Debt to equity0.61Fiscal year 2024Cash541.8Total debt1,107.5Net cash (debt)−565.7Shareholders’ equity2,553.2Debt to equity0.43Fiscal year 2025Cash568.9Total debt1,008.6Net cash (debt)−439.7Shareholders’ equity3,231.0Debt to equity0.31
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 146.9 356.5 515.5 396.1 439.1 271.0 225.7 249.8 541.8 568.9
Total debt 1,232.2 979.6 981.0 985.3 1,135.7 1,180.3 1,184.2 1,287.5 1,107.5 1,008.6
Net cash (debt) −1,085.3 −623.1 −465.5 −589.1 −696.5 −909.3 −958.5 −1,037.7 −565.7 −439.7
Shareholders’ equity 1,763.2 2,112.3 2,178.9 1,848.1 1,699.8 1,476.8 1,571.8 2,096.8 2,553.2 3,231.0
Debt to equity 0.70 0.46 0.45 0.53 0.67 0.80 0.75 0.61 0.43 0.31

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
19.7% 29.2% 25.4% 12.2% 3.6% 8.7% 18.9% 23.2% 27.4% 33.6%
15.0% 25.1% 20.3% −23.3% −3.4% 1.2% 14.7% 17.6% 19.8% 41.5%
0.5% 12.3% 11.6% −36.6% −16.4% −13.5% 6.6% 9.0% 12.4% 41.2%
−3.1% 10.0% 5.8% −27.8% −13.2% −16.3% 4.8% 3.9% 3.8% 25.7%
25.0% 20.7% 19.6% 4.2% −11.1% 2.2% 12.2% 11.6% 15.8% 10.9%
Spending
3.3% 3.0% 1.9% 2.9% 3.8% 2.9% 2.3% 2.3% 2.8% 4.3%
17.1% 17.8% 13.0% 20.9% 33.1% 23.4% 21.1% 16.6% 17.2% 21.1%
727.9% 19.2% 50.0% n/a n/a n/a 26.5% 54.2% 73.1% 38.1%
Returns
−2.0% 6.6% 3.9% −18.6% −8.5% −16.5% 4.5% 3.2% 3.0% 17.6%
−0.8% 3.0% 1.8% −7.7% −3.1% −5.3% 1.6% 1.2% 1.4% 9.1%
Balance and payout
0.70 0.46 0.45 0.53 0.67 0.80 0.75 0.61 0.43 0.31
60.4% 55.3% 53.5% 58.6% 63.6% 68.0% 63.7% 58.5% 51.8% 48.1%
n/a 2.6% 4.7% n/a n/a n/a 5.8% 6.8% 7.2% 1.0%
1.3% 1.3% 1.4% 7.6% n/a 12.6% 2.3% 2.3% 1.7% 2.3%