Hudbay Minerals Inc.

HBM.TOTSXBasic Materials● Active

$36.35

+$0.63(+1.76%)

Market Cap$14.4B

P/E Ratio—

52W High$44.48

52W Low$12.35

Avg Volume2.1M

Open$36.63

Beta2.21

Free Cash Flow Financials Revenue

Hudbay Minerals Inc. (HBM.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

HBM.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

HBM.TO · FCF · TTM · margin & CAGR

Free cash flow was $197.9M for FY2025 (fiscal year ending 2025-12-31), down 37.6% year-over-year The FCF margin was 9.0%.

FY2025 Free Cash Flow$197.9M▼ -37.6% YoY

Trailing 12M (TTM)$252.5Mtrailing 4 quarters sum

FCF Margin9.0%$197.9M ÷ revenue

3-Year CAGR+3.4%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

HBM.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$672.8M(475M)$197.9M▼ 37.6%9.0%

FY2024$666.2M(349M)$317.3M▲ +62.1%15.7%

FY2023$476.9M(281M)$195.8M▲ +9.5%11.6%

FY2022$487.8M(309M)$178.8M▲ +2701.9%12.2%

FY2021$383.8M(377M)$6.4M▲ +105.2%0.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

HBM.TO · P/FCF · FCF yield · FCF per share

Hudbay Minerals Inc. (HBM.TO) trades at a FCF yield of 2.44% and a price-to-free-cash-flow ratio of 56.8x. FCF per share stands at $0.64, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.44%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.64

TTM FCF ÷ Shares Outstanding

Price / FCF

x56.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x41.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

HBM.TO · cash flow statement · operating / investing / financing

For FY2025, Hudbay Minerals Inc. generated $672.8M in operating cash flow and spent 475M in capital expenditures, yielding $197.9M in free cash flow.

Operating Activities

+$672.8M

Cash from core business operations

2025-12-31

Investing Activities

−$501.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$146.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($672.8M) − |CapEx| (475M) = FCF ($197.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

HBM.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Hudbay Minerals Inc.YOU

HBM.TO

$197.9M-37.6%9.0%

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Hudbay Minerals Inc. (HBM.TO) reported free cash flow of $197.9M for FY2025 (fiscal year ending 2025-12-31), down 37.6% year-over-year. The FCF margin was 9.0%.

Based on available data, Hudbay Minerals Inc. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $317.3M in FY2024.

Hudbay Minerals Inc.'s FCF yield is 2.44% and price-to-FCF ratio is 56.8x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

HBM.TO free cash flow · 8 questions

Hudbay Minerals Inc. free cash flow was $197.9M for FY2025, down 37.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $252.5M.

HBM.TO free cash flowHBM.TO FCFHBM.TO FCF 2025HBM.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Hudbay Minerals Inc. · Hudbay Minerals Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026