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Buenaventura Mining vs Hudbay Minerals: revenue, profit, margins and growth compared

Buenaventura Mining brought in $1.2B of revenue in fiscal 2024, Hudbay Minerals $2.2B in fiscal 2025. Revenue changed by +40.4% at Buenaventura Mining and +9.4% at Hudbay Minerals on the year before, so Buenaventura Mining grew faster. Buenaventura Mining kept 34.7% of its revenue as net profit, Hudbay Minerals 25.7%. Free cash flow was $148.3M at Buenaventura Mining and $240.6M at Hudbay Minerals.

Side by side, latest fiscal year

BVNHBM
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$1.2B$2.2B
Revenue growth+40.4%+9.4%
Net income$402.7M$568.5M
Net margin34.7%25.7%
Free cash flow$148.3M$240.6M
Free cash flow margin12.8%10.9%
Earnings per share (diluted)$1.59$1.44
Cash$478.4M$568.9M
Debtn/a$1B
Price to earningsn/an/a
Market value$8.4B$11.8B
Dividend yieldn/an/a
Rank by revenue in sector#38 of 71 · Basic materials#21 of 71 · Basic materials

Over the years

Revenue
BVN FY2017: $1.2BBVN FY2018: $1.2BBVN FY2019: $867.9MBVN FY2019: $676.5MBVN FY2021: $961.4MBVN FY2022: $824.8MBVN FY2023: $826.6MBVN FY2024: $1.2BHBM FY2018: $1.5BHBM FY2019: $1.2BHBM FY2020: $1.1BHBM FY2021: $1.5BHBM FY2022: $1.5BHBM FY2023: $1.7BHBM FY2024: $2BHBM FY2025: $2.2BFY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN $1.2BHBM $2.2B
Net income
BVN FY2017: $60.8MBVN FY2018: -$13.4MBVN FY2019: -$12.2MBVN FY2019: -$135.7MBVN FY2021: -$264.1MBVN FY2022: $602.6MBVN FY2023: $19.9MBVN FY2024: $402.7MHBM FY2018: $85.4MHBM FY2019: -$343.8MHBM FY2020: -$144.6MHBM FY2021: -$244.4MHBM FY2022: $70.4MHBM FY2023: $66.4MHBM FY2024: $76.7MHBM FY2025: $568.5MFY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN $402.7MHBM $568.5M
Net margin
BVN FY2017: 4.9%BVN FY2018: -1.2%BVN FY2019: -1.4%BVN FY2019: -20.1%BVN FY2021: -27.5%BVN FY2022: 73.1%BVN FY2023: 2.4%BVN FY2024: 34.7%HBM FY2018: 5.8%HBM FY2019: -27.8%HBM FY2020: -13.2%HBM FY2021: -16.3%HBM FY2022: 4.8%HBM FY2023: 3.9%HBM FY2024: 3.8%HBM FY2025: 25.7%FY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN 34.7%HBM 25.7%
Revenue growth
BVN FY2018: -6.6%BVN FY2019: -25.0%BVN FY2019: -22.0%BVN FY2021: +42.1%BVN FY2022: -14.2%BVN FY2023: +0.2%BVN FY2024: +40.4%HBM FY2019: -16.0%HBM FY2020: -11.7%HBM FY2021: +37.5%HBM FY2022: -2.7%HBM FY2023: +15.6%HBM FY2024: +19.6%HBM FY2025: +9.4%FY18FY19FY20FY21FY22FY23FY24FY25
BVN +40.4%HBM +9.4%
Free cash flow
BVN FY2017: -$46.9MBVN FY2018: $235MBVN FY2019: -$33.6MBVN FY2019: $51.3MBVN FY2021: -$323.8MBVN FY2022: -$110.3MBVN FY2023: -$11.6MBVN FY2024: $148.3MHBM FY2018: $288.7MHBM FY2019: $51.7MHBM FY2020: -$121.7MHBM FY2021: $32.9MHBM FY2022: $178.8MHBM FY2023: $195.8MHBM FY2024: $319.1MHBM FY2025: $240.6MFY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN $148.3MHBM $240.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Buenaventura Mining and Hudbay Minerals

Which is bigger by revenue, Buenaventura Mining or Hudbay Minerals?

Hudbay Minerals is bigger by revenue: $2.2B in fiscal 2025, against $1.2B for Buenaventura Mining in fiscal 2024.

Which keeps more of its revenue as profit, Buenaventura Mining or Hudbay Minerals?

Buenaventura Mining had a net margin of 34.7% in fiscal 2024; Hudbay Minerals had 25.7% in fiscal 2025.

Which grew revenue faster, Buenaventura Mining or Hudbay Minerals?

In their latest fiscal years revenue changed by +40.4% at Buenaventura Mining and +9.4% at Hudbay Minerals.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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