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

Hudbay Minerals Inc. is the larger business by last-quarter revenue ($2.0B vs $862.2M, roughly 2.3× MATTEL INC). MATTEL INC runs the higher net margin — 7.1% vs 3.4%, a 3.7% 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.

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

HBM vs MAT — Head-to-Head

Bigger by revenue
HBM
HBM
2.3× larger
HBM
$2.0B
$862.2M
MAT
Higher net margin
MAT
MAT
3.7% more per $
MAT
7.1%
3.4%
HBM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HBM
HBM
MAT
MAT
Revenue
$2.0B
$862.2M
Net Profit
$67.8M
$61.0M
Gross Margin
27.4%
44.9%
Operating Margin
Net Margin
3.4%
7.1%
Revenue YoY
4.3%
Net Profit YoY
251.4%
EPS (diluted)
$0.20

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
MAT
MAT
Q1 26
$2.0B
$862.2M
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.0B
Q1 25
$525.0M
$826.6M
Q4 24
$1.4B
$1.6B
Q3 24
$1.8B
Q2 24
$1.1B
Net Profit
HBM
HBM
MAT
MAT
Q1 26
$67.8M
$61.0M
Q4 25
$106.2M
Q3 25
$278.4M
Q2 25
$53.4M
Q1 25
$18.5M
$-40.3M
Q4 24
$140.9M
Q3 24
$372.4M
Q2 24
$56.9M
Gross Margin
HBM
HBM
MAT
MAT
Q1 26
27.4%
44.9%
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
29.0%
49.4%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.2%
Operating Margin
HBM
HBM
MAT
MAT
Q1 26
Q4 25
8.0%
Q3 25
21.9%
Q2 25
7.7%
Q1 25
-6.4%
Q4 24
9.6%
Q3 24
26.5%
Q2 24
7.7%
Net Margin
HBM
HBM
MAT
MAT
Q1 26
3.4%
7.1%
Q4 25
6.0%
Q3 25
16.0%
Q2 25
5.2%
Q1 25
3.5%
-4.9%
Q4 24
8.6%
Q3 24
20.2%
Q2 24
5.3%
EPS (diluted)
HBM
HBM
MAT
MAT
Q1 26
$0.20
Q4 25
$0.32
Q3 25
$0.88
Q2 25
$0.16
Q1 25
$-0.12
Q4 24
$0.40
Q3 24
$1.09
Q2 24
$0.17

Balance Sheet & Financial Strength

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

Metric
HBM
HBM
MAT
MAT
Cash + ST InvestmentsLiquidity on hand
$866.0M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$2.1B
Total Assets
$6.3B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HBM
HBM
MAT
MAT
Q1 26
$866.0M
Q4 25
$1.2B
Q3 25
$691.9M
Q2 25
$870.5M
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$723.5M
Q2 24
$722.4M
Total Debt
HBM
HBM
MAT
MAT
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
HBM
HBM
MAT
MAT
Q1 26
$2.1B
Q4 25
$2.2B
Q3 25
$2.3B
Q2 25
$2.2B
Q1 25
$2.1B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.0B
Total Assets
HBM
HBM
MAT
MAT
Q1 26
$6.3B
Q4 25
$6.6B
Q3 25
$6.6B
Q2 25
$6.2B
Q1 25
$6.2B
Q4 24
$6.5B
Q3 24
$6.5B
Q2 24
$5.9B
Debt / Equity
HBM
HBM
MAT
MAT
Q1 26
1.11×
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HBM
HBM
MAT
MAT
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-88.1M
FCF MarginFCF / Revenue
-10.2%
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HBM
HBM
MAT
MAT
Q1 26
Q4 25
$796.6M
Q3 25
$72.0M
Q2 25
$-300.1M
Q1 25
$24.8M
Q4 24
$862.1M
Q3 24
$155.8M
Q2 24
$-252.9M
Free Cash Flow
HBM
HBM
MAT
MAT
Q1 26
$-88.1M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
HBM
HBM
MAT
MAT
Q1 26
-10.2%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
HBM
HBM
MAT
MAT
Q1 26
7.6%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
HBM
HBM
MAT
MAT
Q1 26
Q4 25
7.50×
Q3 25
0.26×
Q2 25
-5.62×
Q1 25
Q4 24
6.12×
Q3 24
0.42×
Q2 24
-4.45×

Financial Flow Comparison

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

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