Hudbay Minerals annual debt-to-equity ratio
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Hudbay Minerals Debt-to-Equity Ratio Growth & History (HBM)
Hudbay Minerals's debt-to-equity ratio was 0.33 for fiscal 2025.
View full Hudbay Minerals company overviewHudbay Minerals annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.33 | −0.13 | −28.84% |
| 2024 | 2024-12-31 | 0.46 | −0.19 | −29.53% |
| 2023 | 2023-12-31 | 0.66 | −0.14 | −17.05% |
| 2022 | 2022-12-31 | 0.79 | −0.06 | −7.02% |
| 2021 | 2021-12-31 | 0.85 | 0.15 | +20.77% |
| 2020 | 2020-12-31 | 0.71 | 0.13 | +22.17% |
| 2019 | 2019-12-31 | 0.58 | 0.09 | +17.56% |
| 2018 | 2018-12-31 | 0.49 | 0.03 | +5.92% |
| 2017 | 2017-12-31 | 0.46 | −0.24 | −33.64% |
| 2016 | 2016-12-31 | 0.70 | — | — |
Hudbay Minerals quarterly debt-to-equity ratio
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.19 | −0.21 | −52.05% |
| Q1 2026 | 2026-03-31 | 0.30 | — | — |
| Q4 2025 | 2025-12-31 | 0.33 | −0.13 | −28.84% |
| Q3 2025 | 2025-09-30 | 0.36 | — | — |
| Q2 2025 | 2025-06-30 | 0.40 | — | — |
| Q4 2024 | 2024-12-31 | 0.46 | −0.19 | −29.53% |
| Q4 2023 | 2023-12-31 | 0.66 | −0.14 | −17.05% |
| Q4 2022 | 2022-12-31 | 0.79 | −0.06 | −7.02% |
| Q4 2021 | 2021-12-31 | 0.85 | 0.15 | +20.77% |
| Q4 2020 | 2020-12-31 | 0.71 | 0.13 | +22.17% |
| Q4 2019 | 2019-12-31 | 0.58 | 0.09 | +17.56% |
| Q4 2018 | 2018-12-31 | 0.49 | 0.03 | +5.92% |
| Q4 2017 | 2017-12-31 | 0.46 | −0.24 | −33.64% |
| Q4 2016 | 2016-12-31 | 0.70 | — | — |
Hudbay Minerals debt-to-equity ratio trends
Over the last five fiscal years, Hudbay Minerals's debt-to-equity ratio decreased from 0.71 to 0.33, a change of −0.38. The latest reported quarter, Q2 2026, shows 0.19.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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