HL vs MLM
Hecla Mining Co. and Martin Marietta Materials Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HL | MLM |
|---|---|---|
| Revenue | $1.4B | $6.2B |
| Net income | $321.7M | $1.1B |
| Gross margin | 43.7% | 30.7% |
| Net margin | 22.6% | 18.5% |
| Return on equity | 13.9% | 11.7% |
| Diluted EPS | $0.49 | $18.77 |
| Dividend / share | $0.01 | $3.24 |
| Payout ratio | 3.2% | 17.3% |
| Free cash flow | $310.2M | $978.0M |
| Equity | $2.6B | $10.0B |
| Net debt / equity | −0.09× | 0.52× |
| Current ratio | 2.72× | 3.57× |
| Revenue CAGR 5y | 15.5% | 5.4% |
| Profit CAGR 5y | · | 9.5% |
MLM bills 4.3× the revenue of HL, and HL keeps more of each dollar of revenue as profit (22.6% against 18.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | HL | MLM |
|---|---|---|
| FY2025 | $1.4B | $6.2B |
| FY2024 | $929.9M | $5.7B |
| FY2023 | $720.2M | $5.9B |
| FY2022 | $718.9M | $6.2B |
| FY2021 | $807.5M | $5.4B |
| FY2020 | $691.9M | $4.7B |
| FY2019 | $673.3M | $4.7B |
| FY2018 | $567.1M | $4.2B |
| FY2017 | $577.8M | $4.0B |
| FY2016 | $646.0M | $3.8B |
Bottom line
| Fiscal year | HL | MLM |
|---|---|---|
| FY2025 | $321.7M | $1.1B |
| FY2024 | $35.8M | $2.0B |
| FY2023 | $-84.2M | $1.2B |
| FY2022 | $-37.3M | $867.0M |
| FY2021 | $35.1M | $702.5M |
| FY2020 | $-9.5M | $721.0M |
| FY2019 | $-94.9M | $611.9M |
| FY2018 | $-26.6M | $470.0M |
| FY2017 | $-28.5M | $713.3M |
| FY2016 | $61.6M | $425.4M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$4,726,981,000 | MLM |
| FY2024 | −$4,732,075,000 | MLM |
| FY2023 | −$5,130,773,000 | MLM |
| FY2022 | −$5,442,095,000 | MLM |
| FY2021 | −$4,606,527,000 | MLM |
| FY2020 | −$4,038,027,000 | MLM |
| FY2019 | −$4,065,834,000 | MLM |
| FY2018 | −$3,677,163,000 | MLM |
| FY2017 | −$3,387,825,000 | MLM |
| FY2016 | −$3,172,792,000 | MLM |
| FY2015 | −$3,096,003,000 | MLM |
| FY2014 | −$2,457,170,000 | MLM |
| FY2013 | −$1,772,962,000 | MLM |
| FY2012 | −$1,710,758,000 | MLM |
| FY2011 | −$1,235,982,000 | MLM |
MLM has reported the higher revenue in every one of these 15 fiscal years. The gap has widened since the earliest year compared.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +4.1 pp | HL |
| FY2024 | −31.4 pp | MLM |
| FY2023 | −31.7 pp | MLM |
| FY2022 | −19.3 pp | MLM |
| FY2021 | −8.6 pp | MLM |
| FY2020 | −16.6 pp | MLM |
| FY2019 | −27.0 pp | MLM |
| FY2018 | −15.8 pp | MLM |
| FY2017 | −22.9 pp | MLM |
| FY2016 | −1.6 pp | MLM |
| FY2015 | −27.8 pp | MLM |
| FY2014 | −1.7 pp | MLM |
| FY2013 | −12.1 pp | MLM |
| FY2012 | +0.4 pp | HL |
| FY2011 | +26.8 pp | HL |
The higher net margin has changed hands between HL and MLM over this period.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HL's net margin has been more volatile than MLM's over the 15 comparable fiscal years — 12.9 percentage points of standard deviation against 7.7.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HL and MLM over these 15 fiscal years — HL led in 3 and MLM in 12.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HL's return on equity has been more volatile than MLM's over the 18 comparable fiscal years — 6.5 percentage points of standard deviation against 4.5.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HL and MLM over these 18 fiscal years — HL led in 3 and MLM in 15.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.