HudBay Historical Income Statement

HBM Stock

CAD 12.56 0.28 2.28%

Historical analysis of HudBay Minerals income statement accounts such as Selling General Administrative of 27.7 M or Other Operating Expenses of 1.5 B can show how well HudBay Minerals performed in making a profits. Evaluating HudBay Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of HudBay Minerals's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining HudBay Minerals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether HudBay Minerals is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.

About HudBay Income Statement Analysis

HudBay Minerals Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to HudBay Minerals shareholders. The income statement also shows HudBay investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

HudBay Minerals Income Statement Chart

At this time, HudBay Minerals' Total Operating Expenses is very stable compared to the past year. As of the 4th of December 2024, Income Before Tax is likely to grow to about 159.4 M, while Selling General Administrative is likely to drop about 27.7 M.

Interest Expense Selling General Administrative Other Operating Expenses Total Operating Expenses Income Before Tax

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of HudBay Minerals. It is also known as HudBay Minerals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on HudBay Minerals income statement and is an important metric when analyzing HudBay Minerals profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from HudBay Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into HudBay Minerals current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.At this time, HudBay Minerals' Total Operating Expenses is very stable compared to the past year. As of the 4th of December 2024, Income Before Tax is likely to grow to about 159.4 M, while Selling General Administrative is likely to drop about 27.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	131.0M	276.9M	784.2M	823.4M
Total Revenue	1.5B	1.5B	1.7B	1.8B

Gross Profit Total Revenue

HudBay Minerals income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Total Revenue	Gross Profit	Cost Of Revenue	Research Development	Net Income From Continuing Ops	Minority Interest	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.84	0.33	0.96	0.27	0.22	0.73	0.52	-0.06	-0.8	0.01	0.0	0.93	0.56	0.88	-0.44	0.13	0.69	0.0	0.69	-0.02	0.7	0.8
Interest Expense	0.84		0.27	0.73	0.18	0.13	0.57	0.24	-0.13	-0.83	-0.02	-0.08	0.71	0.33	0.74	-0.21	0.08	0.71	0.08	0.61	0.31	0.46	0.44
Selling General Administrative	0.33	0.27		0.45	0.04	0.07	0.24	0.08	-0.04	-0.31	-0.11	0.04	0.41	0.09	0.51	0.1	0.03	0.33	-0.07	0.07	0.17	0.21	0.13
Other Operating Expenses	0.96	0.73	0.45		0.31	0.26	0.74	0.56	0.0	-0.72	0.0	0.13	0.98	0.6	0.9	-0.45	0.14	0.61	-0.02	0.69	0.02	0.64	0.79
Operating Income	0.27	0.18	0.04	0.31		0.99	0.85	0.51	0.84	-0.28	0.74	0.73	0.48	0.75	0.12	-0.45	0.78	-0.13	-0.59	0.65	-0.07	0.41	0.22
Ebit	0.22	0.13	0.07	0.26	0.99		0.82	0.42	0.86	-0.21	0.76	0.72	0.42	0.66	0.1	-0.37	0.79	-0.15	-0.67	0.59	-0.05	0.42	0.17
Ebitda	0.73	0.57	0.24	0.74	0.85	0.82		0.6	0.57	-0.61	0.53	0.5	0.84	0.79	0.58	-0.51	0.63	0.29	-0.46	0.81	-0.05	0.69	0.58
Total Operating Expenses	0.52	0.24	0.08	0.56	0.51	0.42	0.6		0.33	-0.33	0.29	0.38	0.62	0.91	0.15	-0.94	0.35	-0.05	-0.12	0.58	-0.48	0.43	0.73
Income Before Tax	-0.06	-0.13	-0.04	0.0	0.84	0.86	0.57	0.33		0.13	0.87	0.82	0.17	0.55	-0.17	-0.32	0.88	-0.31	-0.52	0.54	-0.19	0.3	-0.02
Total Other Income Expense Net	-0.8	-0.83	-0.31	-0.72	-0.28	-0.21	-0.61	-0.33	0.13		0.06	0.0	-0.72	-0.41	-0.69	0.27	0.0	-0.49	0.03	-0.53	-0.18	-0.52	-0.52
Net Income	0.01	-0.02	-0.11	0.0	0.74	0.76	0.53	0.29	0.87	0.06		0.49	0.14	0.47	-0.15	-0.3	0.97	-0.06	-0.48	0.56	-0.2	0.44	0.01
Income Tax Expense	0.0	-0.08	0.04	0.13	0.73	0.72	0.5	0.38	0.82	0.0	0.49		0.26	0.56	-0.04	-0.34	0.51	-0.48	-0.4	0.54	-0.06	0.08	0.08
Total Revenue	0.93	0.71	0.41	0.98	0.48	0.42	0.84	0.62	0.17	-0.72	0.14	0.26		0.73	0.84	-0.51	0.28	0.54	-0.05	0.77	-0.02	0.66	0.74
Gross Profit	0.56	0.33	0.09	0.6	0.75	0.66	0.79	0.91	0.55	-0.41	0.47	0.56	0.73		0.25	-0.84	0.54	0.02	-0.13	0.73	-0.35	0.51	0.59
Cost Of Revenue	0.88	0.74	0.51	0.9	0.12	0.1	0.58	0.15	-0.17	-0.69	-0.15	-0.04	0.84	0.25		-0.03	-0.01	0.75	0.03	0.52	0.26	0.54	0.58
Research Development	-0.44	-0.21	0.1	-0.45	-0.45	-0.37	-0.51	-0.94	-0.32	0.27	-0.3	-0.34	-0.51	-0.84	-0.03		-0.34	0.08	0.08	-0.53	0.47	-0.36	-0.63
Net Income From Continuing Ops	0.13	0.08	0.03	0.14	0.78	0.79	0.63	0.35	0.88	0.0	0.97	0.51	0.28	0.54	-0.01	-0.34		0.06	-0.46	0.63	-0.19	0.51	0.08
Minority Interest	0.69	0.71	0.33	0.61	-0.13	-0.15	0.29	-0.05	-0.31	-0.49	-0.06	-0.48	0.54	0.02	0.75	0.08	0.06		0.24	0.35	0.26	0.42	0.31
Non Recurring	0.0	0.08	-0.07	-0.02	-0.59	-0.67	-0.46	-0.12	-0.52	0.03	-0.48	-0.4	-0.05	-0.13	0.03	0.08	-0.46	0.24		-0.2	-0.06	-0.18	-0.18
Tax Provision	0.69	0.61	0.07	0.69	0.65	0.59	0.81	0.58	0.54	-0.53	0.56	0.54	0.77	0.73	0.52	-0.53	0.63	0.35	-0.2		0.02	0.56	0.55
Interest Income	-0.02	0.31	0.17	0.02	-0.07	-0.05	-0.05	-0.48	-0.19	-0.18	-0.2	-0.06	-0.02	-0.35	0.26	0.47	-0.19	0.26	-0.06	0.02		-0.36	-0.38
Net Interest Income	0.7	0.46	0.21	0.64	0.41	0.42	0.69	0.43	0.3	-0.52	0.44	0.08	0.66	0.51	0.54	-0.36	0.51	0.42	-0.18	0.56	-0.36		0.61
Reconciled Depreciation	0.8	0.44	0.13	0.79	0.22	0.17	0.58	0.73	-0.02	-0.52	0.01	0.08	0.74	0.59	0.58	-0.63	0.08	0.31	-0.18	0.55	-0.38	0.61

Click cells to compare fundamentals

HudBay Minerals Account Relationship Matchups

HudBay Minerals income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	346.6M	363.6M	359.8M	339.1M	393.1M	412.7M
Interest Expense	72.8M	86.3M	74.7M	67.7M	76.2M	80.0M
Selling General Administrative	36.2M	41.4M	41.5M	32.7M	39.2M	27.7M
Other Operating Expenses	1.2B	1.1B	1.5B	1.3B	1.4B	1.5B
Operating Income	(17.2M)	(136.2M)	(63.0M)	128.1M	297.2M	312.0M
Ebit	(17.2M)	(96.4M)	(63.0M)	163.5M	228.0M	239.4M
Ebitda	329.4M	267.2M	296.8M	502.5M	621.1M	652.2M
Total Operating Expenses	95.3M	66.9M	95.7M	93.0M	487.1M	511.4M
Income Before Tax	(452.8M)	(179.1M)	(202.8M)	95.8M	151.8M	159.4M
Total Other Income Expense Net	(164.0M)	(141.9M)	(139.8M)	(32.2M)	(145.3M)	(138.1M)
Net Income	(343.8M)	(144.6M)	(244.4M)	70.4M	66.4M	69.7M
Income Tax Expense	(109.0M)	(34.5M)	41.6M	25.4M	82.3M	86.4M
Total Revenue	1.2B	1.1B	1.5B	1.5B	1.7B	1.8B
Gross Profit	151.5M	39M	131.0M	276.9M	784.2M	823.4M
Cost Of Revenue	1.1B	1.1B	1.4B	1.2B	905.8M	795.1M
Net Income From Continuing Ops	(343.8M)	(144.6M)	(244.4M)	70.4M	69.5M	73.0M
Net Income Applicable To Common Shares	(343.8M)	(144.6M)	(244.4M)	70.4M	63.3M	66.5M
Tax Provision	(109.0M)	(34.5M)	41.6M	25.4M	82.3M	86.4M
Interest Income	69.5M	1.8M	129.7M	60.6M	8.1M	7.7M
Net Interest Income	(146.3M)	(96.9M)	(152.4M)	(103.8M)	(108.8M)	(114.2M)
Reconciled Depreciation	346.6M	363.6M	359.8M	339.1M	393.1M	381.6M

Pair Trading with HudBay Minerals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HudBay Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HudBay Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with HudBay Stock

0.81	AG	First Majestic Silver	Pair Corr
0.85	IE	Ivanhoe Energy	Pair Corr
0.84	FDY	Faraday Copper Corp	Pair Corr

Moving against HudBay Stock

0.31

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to HudBay Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HudBay Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HudBay Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HudBay Minerals to buy it.

The correlation of HudBay Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HudBay Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HudBay Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for HudBay Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether HudBay Minerals is a strong investment it is important to analyze HudBay Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HudBay Minerals' future performance. For an informed investment choice regarding HudBay Stock, refer to the following important reports:

How To Invest In HudBay

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Is HudBay Stock a good investment?

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What is HudBay Minerals' Net Worth?

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To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Please note, there is a significant difference between HudBay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if HudBay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HudBay Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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HudBay Historical Income Statement

About HudBay Income Statement Analysis

HudBay Minerals Income Statement Chart

Interest Expense

Other Operating Expenses

Total Operating Expenses

Income Before Tax

HudBay Minerals income statement Correlations

HudBay Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HudBay Minerals income statement Accounts

Pair Trading with HudBay Minerals

Moving together with HudBay Stock

Moving against HudBay Stock

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Ebit	+ 0.99	Operating Income
Total Revenue	+ 0.98	Other Operating Expenses
Net Income From Continuing Ops	+ 0.97	Net Income
Other Operating Expenses	+ 0.96	Depreciation And Amortization
Total Revenue	+ 0.93	Depreciation And Amortization
Gross Profit	+ 0.91	Total Operating Expenses

Research Development	- 0.94	Total Operating Expenses
Research Development	- 0.84	Gross Profit
Total Other Income Expense Net	- 0.83	Interest Expense
Total Other Income Expense Net	- 0.8	Depreciation And Amortization
Total Revenue	- 0.72	Total Other Income Expense Net
Total Other Income Expense Net	- 0.72	Other Operating Expenses