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Side-by-side financial comparison of Hudbay Minerals Inc. (HBM) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.

Hudbay Minerals Inc. is the larger business by last-quarter revenue ($2.0B vs $1.0B, roughly 2.0× Liberty Energy Inc.). Hudbay Minerals Inc. runs the higher net margin — 3.4% vs 2.2%, a 1.1% gap on every dollar of revenue.

Hudbay Minerals Inc. is a Canadian mining company that produces copper, gold, silver, zinc, and molybdenum. In 2024, the company produced 137,943 tonnes of copper, 332,240 ounces of gold, 3,983,851 ounces of silver, 33,339 tonnes of zinc, and 1,323 tonnes of molybdenum. In 2024, copper sales represented 57% of revenue, gold sales represented 33% of revenue, and zinc sales represented 4% of revenue.

Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.

HBM vs LBRT — Head-to-Head

Bigger by revenue
HBM
HBM
2.0× larger
HBM
$2.0B
$1.0B
LBRT
Higher net margin
HBM
HBM
1.1% more per $
HBM
3.4%
2.2%
LBRT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HBM
HBM
LBRT
LBRT
Revenue
$2.0B
$1.0B
Net Profit
$67.8M
$22.6M
Gross Margin
27.4%
Operating Margin
2.2%
Net Margin
3.4%
2.2%
Revenue YoY
4.5%
Net Profit YoY
EPS (diluted)
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HBM
HBM
LBRT
LBRT
Q1 26
$2.0B
$1.0B
Q4 25
$1.0B
Q3 25
$947.4M
Q2 25
$1.0B
Q1 25
$525.0M
$977.5M
Q4 24
$1.4B
$943.6M
Q3 24
$1.1B
Q2 24
$1.2B
Net Profit
HBM
HBM
LBRT
LBRT
Q1 26
$67.8M
$22.6M
Q4 25
$13.7M
Q3 25
$43.1M
Q2 25
$71.0M
Q1 25
$18.5M
$20.1M
Q4 24
$51.9M
Q3 24
$73.8M
Q2 24
$108.4M
Gross Margin
HBM
HBM
LBRT
LBRT
Q1 26
27.4%
Q4 25
20.6%
Q3 25
18.7%
Q2 25
22.1%
Q1 25
29.0%
22.1%
Q4 24
21.4%
Q3 24
26.2%
Q2 24
27.9%
Operating Margin
HBM
HBM
LBRT
LBRT
Q1 26
2.2%
Q4 25
1.9%
Q3 25
-0.3%
Q2 25
3.6%
Q1 25
1.9%
Q4 24
2.6%
Q3 24
9.4%
Q2 24
12.2%
Net Margin
HBM
HBM
LBRT
LBRT
Q1 26
3.4%
2.2%
Q4 25
1.3%
Q3 25
4.5%
Q2 25
6.8%
Q1 25
3.5%
2.1%
Q4 24
5.5%
Q3 24
6.5%
Q2 24
9.3%
EPS (diluted)
HBM
HBM
LBRT
LBRT
Q1 26
$0.14
Q4 25
$0.08
Q3 25
$0.26
Q2 25
$0.43
Q1 25
$0.12
Q4 24
$0.31
Q3 24
$0.44
Q2 24
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HBM
HBM
LBRT
LBRT
Cash + ST InvestmentsLiquidity on hand
$699.1M
Total DebtLower is stronger
$7.1M
Stockholders' EquityBook value
$1.9B
Total Assets
$4.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HBM
HBM
LBRT
LBRT
Q1 26
$699.1M
Q4 25
$27.6M
Q3 25
$13.5M
Q2 25
$19.6M
Q1 25
$24.1M
Q4 24
$20.0M
Q3 24
$23.0M
Q2 24
$30.0M
Total Debt
HBM
HBM
LBRT
LBRT
Q1 26
$7.1M
Q4 25
$246.6M
Q3 25
Q2 25
Q1 25
Q4 24
$190.5M
Q3 24
Q2 24
Stockholders' Equity
HBM
HBM
LBRT
LBRT
Q1 26
$1.9B
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$1.9B
Total Assets
HBM
HBM
LBRT
LBRT
Q1 26
$4.4B
Q4 25
$3.6B
Q3 25
$3.5B
Q2 25
$3.4B
Q1 25
$3.4B
Q4 24
$3.3B
Q3 24
$3.3B
Q2 24
$3.2B
Debt / Equity
HBM
HBM
LBRT
LBRT
Q1 26
0.00×
Q4 25
0.12×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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