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

Hudbay Minerals Inc. is the larger business by last-quarter revenue ($2.0B vs $1.1B, roughly 1.8× PATTERSON UTI ENERGY INC). Hudbay Minerals Inc. runs the higher net margin — 3.4% vs -2.2%, a 5.5% 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.

Patterson UTI Energy Inc. is a leading oilfield services provider offering onshore contract drilling, pressure pumping, well completion and related support services. It primarily serves upstream oil and gas operators across North America, operating in major unconventional resource basins including shale and tight gas formations.

HBM vs PTEN — Head-to-Head

Bigger by revenue
HBM
HBM
1.8× larger
HBM
$2.0B
$1.1B
PTEN
Higher net margin
HBM
HBM
5.5% more per $
HBM
3.4%
-2.2%
PTEN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HBM
HBM
PTEN
PTEN
Revenue
$2.0B
$1.1B
Net Profit
$67.8M
$-24.5M
Gross Margin
27.4%
Operating Margin
Net Margin
3.4%
-2.2%
Revenue YoY
-12.7%
Net Profit YoY
-166.1%
EPS (diluted)
$-0.06

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
PTEN
PTEN
Q1 26
$2.0B
$1.1B
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$525.0M
$1.3B
Q4 24
$1.4B
$1.1B
Q3 24
$1.3B
Q2 24
$1.3B
Net Profit
HBM
HBM
PTEN
PTEN
Q1 26
$67.8M
$-24.5M
Q4 25
$-9.2M
Q3 25
$-36.4M
Q2 25
$-49.1M
Q1 25
$18.5M
$1.0M
Q4 24
$-51.4M
Q3 24
$-978.8M
Q2 24
$11.1M
Gross Margin
HBM
HBM
PTEN
PTEN
Q1 26
27.4%
Q4 25
Q3 25
Q2 25
Q1 25
29.0%
Q4 24
Q3 24
Q2 24
Operating Margin
HBM
HBM
PTEN
PTEN
Q1 26
Q4 25
-0.0%
Q3 25
-2.4%
Q2 25
-2.4%
Q1 25
1.3%
Q4 24
-2.7%
Q3 24
-73.8%
Q2 24
3.4%
Net Margin
HBM
HBM
PTEN
PTEN
Q1 26
3.4%
-2.2%
Q4 25
-0.8%
Q3 25
-3.1%
Q2 25
-4.1%
Q1 25
3.5%
0.1%
Q4 24
-4.5%
Q3 24
-72.9%
Q2 24
0.8%
EPS (diluted)
HBM
HBM
PTEN
PTEN
Q1 26
$-0.06
Q4 25
$-0.01
Q3 25
$-0.10
Q2 25
$-0.13
Q1 25
$0.00
Q4 24
$-0.10
Q3 24
$-2.50
Q2 24
$0.03

Balance Sheet & Financial Strength

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

Metric
HBM
HBM
PTEN
PTEN
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
Total Assets
$5.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HBM
HBM
PTEN
PTEN
Q1 26
Q4 25
$418.5M
Q3 25
$184.8M
Q2 25
$183.8M
Q1 25
$223.1M
Q4 24
$239.2M
Q3 24
$113.4M
Q2 24
$72.4M
Total Debt
HBM
HBM
PTEN
PTEN
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Stockholders' Equity
HBM
HBM
PTEN
PTEN
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$3.3B
Q1 25
$3.4B
Q4 24
$3.5B
Q3 24
$3.6B
Q2 24
$4.6B
Total Assets
HBM
HBM
PTEN
PTEN
Q1 26
$5.4B
Q4 25
$5.6B
Q3 25
$5.5B
Q2 25
$5.6B
Q1 25
$5.8B
Q4 24
$5.8B
Q3 24
$6.0B
Q2 24
$7.0B
Debt / Equity
HBM
HBM
PTEN
PTEN
Q1 26
Q4 25
0.38×
Q3 25
0.38×
Q2 25
0.37×
Q1 25
0.36×
Q4 24
0.36×
Q3 24
0.35×
Q2 24
0.27×

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
PTEN
PTEN
Operating Cash FlowLast quarter
$63.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HBM
HBM
PTEN
PTEN
Q1 26
$63.9M
Q4 25
$397.5M
Q3 25
$215.8M
Q2 25
$139.7M
Q1 25
$208.1M
Q4 24
$315.8M
Q3 24
$296.3M
Q2 24
$197.5M
Free Cash Flow
HBM
HBM
PTEN
PTEN
Q1 26
Q4 25
$259.0M
Q3 25
$71.3M
Q2 25
$-4.5M
Q1 25
$46.3M
Q4 24
$175.5M
Q3 24
$115.7M
Q2 24
$67.0M
FCF Margin
HBM
HBM
PTEN
PTEN
Q1 26
Q4 25
22.6%
Q3 25
6.1%
Q2 25
-0.4%
Q1 25
3.7%
Q4 24
15.3%
Q3 24
8.6%
Q2 24
5.0%
Capex Intensity
HBM
HBM
PTEN
PTEN
Q1 26
4.9%
Q4 25
12.1%
Q3 25
12.3%
Q2 25
11.9%
Q1 25
12.8%
Q4 24
12.2%
Q3 24
13.5%
Q2 24
9.8%
Cash Conversion
HBM
HBM
PTEN
PTEN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
207.11×
Q4 24
Q3 24
Q2 24
17.83×

Financial Flow Comparison

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

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