Hecla Mining (HL) FY2021 results: revenue $807 million, up 16.7% on the year
Hecla Mining Co. (HL) reported revenue of $807 million for fiscal 2021, the year ended 31 December 2021, up 16.7% on the year before. Net income was $35 million, and diluted earnings per share $0.06. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$807 million
+16.7% on the year
FY2014FY2021
Operating margin
10.3%
9.7% a year earlier
FY2014FY2021
Net income
$35 million
FY2014FY2021
Diluted EPS
$0.06
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
220
181
121
+21.9%
Capital expenditure
109
91.0
121
+19.8%
Free cash flow
111
89.8
-0.6
+24.0%
Free cash flow margin
13.8%
13.0%
-0.1%
Cash from investing
-107
92.9
-120
Cash from financing
-32.6
-19.4
33.2
Depreciation and amortisation
173
155
196
+11.4%
Share-based compensation
6.1
6.5
5.7
-5.8%
Buybacks
4.5
2.7
2.2
+64.8%
Dividends paid
20.7
8.6
4.9
+140.4%
Dividend per share
$0.04
$0.01
$0.01
+275.0%
Diluted shares, weighted
542m
527m
490m
+2.8%
Shares outstanding at period end
n/a
532m
523m
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,761
1,714
1,697
+2.7%
Debt
516
507
505
+1.7%
Operating lease liabilities
10.0
7.6
10.8
+31.0%
Finance lease liabilities
7.8
9.3
7.2
-15.9%
Other liabilities
434
462
441
-6.0%
Total liabilities and equity
2,729
2,700
2,661
+1.1%
Fixed assets
2,311
2,378
2,447
-2.8%
Investments
10.8
15.1
6.2
-28.4%
Cash and equivalents
210
130
62.5
+61.8%
Receivables
36.4
27.9
12.0
+30.8%
Inventory
n/a
57.6
30.1
Other assets
161
91.7
103
+75.2%
Total assets
2,729
2,700
2,661
+1.1%
10-K for the year ended 31 December 2021, filed 23 February 2022: the filing.