Stocks · Materials · Metal Mining

Nexa Resources S.A.

NEXA Clue Score45
Luxembourg Fiscal year ends December CIK 0001713930
$13.20 +5.52% Close, 9 Oct 2026
Price $13.20 +41.63% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 Oct 2017. 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 2016Revenue1,964.8Operating income130.0Net income93.2Fiscal year 2017Revenue2,449.5 +24.7%Operating income401.6Net income126.9 +36.2%Fiscal year 2018Revenue2,491.7 +1.7%Operating income334.6Net income77.0 −39.3%Fiscal year 2019Revenue2,332.7 −6.4%Operating income−111.0Net income−145.1 −288.4%Fiscal year 2020Revenue1,950.9 −16.4%Operating income−398.5Net income−559.2Fiscal year 2021Revenue2,622.1 +34.4%Operating income446.2Net income114.3EPS, diluted0.86Fiscal year 2022Revenue3,034.0 +15.7%Operating income360.9Net income49.7 −56.5%EPS, diluted0.38 −55.8%Fiscal year 2023Revenue2,573.2 −15.2%Operating income−152.6Net income−292.0 −687.5%EPS, diluted−2.20 −678.9%Fiscal year 2024Revenue2,766.5 +7.5%Operating income276.4Net income−205.0EPS, diluted−1.55Fiscal year 2025Revenue3,002.1 +8.5%Operating income498.0Net income132.6EPS, diluted1.00
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,964.8 2,449.5 2,491.7 2,332.7 1,950.9 2,622.1 3,034.0 2,573.2 2,766.5 3,002.1
Growth +24.7% +1.7% −6.4% −16.4% +34.4% +15.7% −15.2% +7.5% +8.5%
Operating income 130.0 401.6 334.6 −111.0 −398.5 446.2 360.9 −152.6 276.4 498.0
Net income 93.2 126.9 77.0 −145.1 −559.2 114.3 49.7 −292.0 −205.0 132.6
Growth +36.2% −39.3% −288.4% −56.5% −687.5%
EPS, diluted n/a n/a n/a n/a n/a 0.86 0.38 −2.20 −1.55 1.00
Growth −55.8% −678.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin23.4%Operating margin6.6%Net margin4.7%Free cash flow margin20.6%Fiscal year 2017Gross margin28.4%Operating margin16.4%Net margin5.2%Free cash flow margin7.4%Fiscal year 2018Gross margin24.1%Operating margin13.4%Net margin3.1%Free cash flow margin1.9%Fiscal year 2019Gross margin16.5%Operating margin−4.8%Net margin−6.2%Free cash flow margin−11.7%Fiscal year 2020Gross margin19.2%Operating margin−20.4%Net margin−28.7%Free cash flow margin−1.6%Fiscal year 2021Gross margin24.1%Operating margin17.0%Net margin4.4%Free cash flow margin0.3%Fiscal year 2022Gross margin21.1%Operating margin11.9%Net margin1.6%Free cash flow margin−3.7%Fiscal year 2023Gross margin11.6%Operating margin−5.9%Net margin−11.3%Free cash flow margin−2.1%Fiscal year 2024Gross margin19.4%Operating margin10.0%Net margin−7.4%Free cash flow margin3.3%Fiscal year 2025Gross margin23.7%Operating margin16.6%Net margin4.4%Free cash flow margin0.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 23.4% 28.4% 24.1% 16.5% 19.2% 24.1% 21.1% 11.6% 19.4% 23.7%
Operating margin 6.6% 16.4% 13.4% −4.8% −20.4% 17.0% 11.9% −5.9% 10.0% 16.6%
Net margin 4.7% 5.2% 3.1% −6.2% −28.7% 4.4% 1.6% −11.3% −7.4% 4.4%
Free cash flow margin 20.6% 7.4% 1.9% −11.7% −1.6% 0.3% −3.7% −2.1% 3.3% 0.4%

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 flow585.1Capital expenditure−180.9Free cash flow404.2Dividends paid−59.7Fiscal year 2017Operating cash flow378.9Capital expenditure−197.6Free cash flow181.3 −55.1%Dividends paid−61.5Fiscal year 2018Operating cash flow347.6Capital expenditure−299.8Free cash flow47.8 −73.6%Buybacks−1.4Dividends paid−3.5Fiscal year 2019Operating cash flow122.8Capital expenditure−396.7Free cash flow−273.8 −672.6%Buybacks−8.1Dividends paid−113.4Fiscal year 2020Operating cash flow291.7Capital expenditure−323.7Free cash flow−32.0Dividends paid−56.0Fiscal year 2021Operating cash flow493.0Capital expenditure−485.2Free cash flow7.8Dividends paid−52.3Fiscal year 2022Operating cash flow269.0Capital expenditure−382.5Free cash flow−113.5 −1,558.7%Dividends paid−68.5Fiscal year 2023Operating cash flow256.2Capital expenditure−310.2Free cash flow−54.0Dividends paid−23.7Fiscal year 2024Operating cash flow351.4Capital expenditure−259.0Free cash flow92.4Dividends paid−15.5Fiscal year 2025Operating cash flow365.0Capital expenditure−351.9Free cash flow13.1 −85.8%Dividends paid−34.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 585.1 378.9 347.6 122.8 291.7 493.0 269.0 256.2 351.4 365.0
Capital expenditure −180.9 −197.6 −299.8 −396.7 −323.7 −485.2 −382.5 −310.2 −259.0 −351.9
Free cash flow 404.2 181.3 47.8 −273.8 −32.0 7.8 −113.5 −54.0 92.4 13.1
Growth −55.1% −73.6% −672.6% −1,558.7% −85.8%
Buybacks n/a n/a −1.4 −8.1 n/a n/a n/a n/a n/a n/a
Dividends paid −59.7 −61.5 −3.5 −113.4 −56.0 −52.3 −68.5 −23.7 −15.5 −34.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash915.6Total debt1,081.8Net cash (debt)−166.2Shareholders’ equity2,848.0Debt to equity0.38Fiscal year 2017Cash1,019.0Total debt1,406.5Net cash (debt)−387.4Shareholders’ equity2,486.8Debt to equity0.57Fiscal year 2018Cash1,032.9Total debt1,392.4Net cash (debt)−359.4Shareholders’ equity2,476.6Debt to equity0.56Fiscal year 2019Cash698.6Total debt1,475.4Net cash (debt)−776.8Shareholders’ equity2,109.6Debt to equity0.70Fiscal year 2020Cash1,086.2Total debt1,878.3Net cash (debt)−792.1Shareholders’ equity1,377.4Debt to equity1.36Fiscal year 2021Cash743.8Total debt1,652.6Net cash (debt)−908.8Shareholders’ equity1,386.3Debt to equity1.19Fiscal year 2022Cash497.8Total debt1,618.4Net cash (debt)−1,120.6Shareholders’ equity1,442.2Debt to equity1.12Fiscal year 2023Cash457.3Total debt1,582.4Net cash (debt)−1,125.1Shareholders’ equity1,197.3Debt to equity1.32Fiscal year 2024Cash620.5Total debt1,711.8Net cash (debt)−1,091.2Shareholders’ equity813.9Debt to equity2.10Fiscal year 2025Cash515.9Total debt1,650.6Net cash (debt)−1,134.7Shareholders’ equity1,002.9Debt to equity1.65
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 915.6 1,019.0 1,032.9 698.6 1,086.2 743.8 497.8 457.3 620.5 515.9
Total debt 1,081.8 1,406.5 1,392.4 1,475.4 1,878.3 1,652.6 1,618.4 1,582.4 1,711.8 1,650.6
Net cash (debt) −166.2 −387.4 −359.4 −776.8 −792.1 −908.8 −1,120.6 −1,125.1 −1,091.2 −1,134.7
Shareholders’ equity 2,848.0 2,486.8 2,476.6 2,109.6 1,377.4 1,386.3 1,442.2 1,197.3 813.9 1,002.9
Debt to equity 0.38 0.57 0.56 0.70 1.36 1.19 1.12 1.32 2.10 1.65

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

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. 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
Revenue and profit
1,964.8 2,449.5 2,491.7 2,332.7 1,950.9 2,622.1 3,034.0 2,573.2 2,766.5 3,002.1
Growth +24.7% +1.7% −6.4% −16.4% +34.4% +15.7% −15.2% +7.5% +8.5%
1,504.2 1,752.8 1,892.2 −1,947.8 1,576.2 −1,989.0 −2,393.9 2,274.4 2,228.4 2,289.2
460.6 696.7 599.4 384.9 374.8 633.1 640.1 298.9 538.1 712.9
Growth +51.2% −14.0% −35.8% −2.6% +68.9% +1.1% −53.3% +80.0% +32.5%
144.2 154.5 159.6 216.5 139.4 133.8 145.2 126.6 127.3 145.5
130.0 401.6 334.6 −111.0 −398.5 446.2 360.9 −152.6 276.4 498.0
Growth +209.0% −16.7% −133.2% −19.1% −142.3% +80.2%
208.9 271.5 131.9 −215.9 −676.7 309.3 228.0 −296.1 −71.9 331.7
98.4 106.2 38.8 58.4 24.2 −153.2 −151.0 4.3 −115.6 −108.6
93.2 126.9 77.0 −145.1 −559.2 114.3 49.7 −292.0 −205.0 132.6
Growth +36.2% −39.3% −288.4% −56.5% −687.5%
Per share
1.15 1.09 n/a n/a n/a 0.86 0.38 −2.20 −1.55 1.00
n/a n/a n/a n/a n/a 0.86 0.38 −2.20 −1.55 1.00
Growth −55.8% −678.9%
80.7 116.5 133.3 0.1 0.1 132.4 132.4 132.4 132.4 132.4
n/a n/a n/a n/a n/a 132.4 132.4 132.4 132.4 132.4
Growth +0.0% +0.0% +0.0% +0.0%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 9.0% a year over five years.
  • Operating margin is up 37.0 points on five years ago, at 16.6%.
  • A net loss in 4 of 10 years on file.