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

RYDER SYSTEM INC is the larger business by last-quarter revenue ($3.1B vs $2.0B, roughly 1.5× Hudbay Minerals Inc.). Hudbay Minerals Inc. runs the higher net margin — 3.4% vs 3.0%, a 0.4% 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.

Ryder System, Inc. is an American transportation and logistics company, specializing in truck rental and leasing, fleet management, supply chain management, and transportation management. It also offers full-service leasing, rental and maintenance, used vehicle sales, transportation management, professional drivers, e-commerce fulfillment, and last-mile delivery services. The company is headquartered in Coral Gables, Florida, and operates in the United States and United Kingdom.

HBM vs R — Head-to-Head

Bigger by revenue
R
R
1.5× larger
R
$3.1B
$2.0B
HBM
Higher net margin
HBM
HBM
0.4% more per $
HBM
3.4%
3.0%
R

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HBM
HBM
R
R
Revenue
$2.0B
$3.1B
Net Profit
$67.8M
$93.0M
Gross Margin
27.4%
Operating Margin
Net Margin
3.4%
3.0%
Revenue YoY
1.0%
Net Profit YoY
-5.1%
EPS (diluted)
$2.34

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
R
R
Q1 26
$2.0B
$3.1B
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$3.2B
Q1 25
$525.0M
$3.1B
Q4 24
$1.4B
$3.2B
Q3 24
$3.2B
Q2 24
$3.2B
Net Profit
HBM
HBM
R
R
Q1 26
$67.8M
$93.0M
Q4 25
$132.0M
Q3 25
$138.0M
Q2 25
$131.0M
Q1 25
$18.5M
$98.0M
Q4 24
$135.0M
Q3 24
$142.0M
Q2 24
$127.0M
Gross Margin
HBM
HBM
R
R
Q1 26
27.4%
Q4 25
Q3 25
Q2 25
Q1 25
29.0%
Q4 24
Q3 24
Q2 24
Operating Margin
HBM
HBM
R
R
Q1 26
Q4 25
5.6%
Q3 25
6.0%
Q2 25
5.8%
Q1 25
4.3%
Q4 24
5.7%
Q3 24
5.9%
Q2 24
5.6%
Net Margin
HBM
HBM
R
R
Q1 26
3.4%
3.0%
Q4 25
4.2%
Q3 25
4.4%
Q2 25
4.1%
Q1 25
3.5%
3.1%
Q4 24
4.2%
Q3 24
4.5%
Q2 24
4.0%
EPS (diluted)
HBM
HBM
R
R
Q1 26
$2.34
Q4 25
$3.22
Q3 25
$3.32
Q2 25
$3.13
Q1 25
$2.27
Q4 24
$3.09
Q3 24
$3.24
Q2 24
$2.84

Balance Sheet & Financial Strength

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

Metric
HBM
HBM
R
R
Cash + ST InvestmentsLiquidity on hand
$182.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
Total Assets
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HBM
HBM
R
R
Q1 26
$182.0M
Q4 25
$198.0M
Q3 25
$189.0M
Q2 25
$180.0M
Q1 25
$151.0M
Q4 24
$154.0M
Q3 24
$162.0M
Q2 24
$164.0M
Total Debt
HBM
HBM
R
R
Q1 26
Q4 25
$6.8B
Q3 25
$7.3B
Q2 25
$7.0B
Q1 25
$6.7B
Q4 24
$6.7B
Q3 24
$6.6B
Q2 24
$6.5B
Stockholders' Equity
HBM
HBM
R
R
Q1 26
$2.9B
Q4 25
$3.1B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$3.1B
Q3 24
$3.1B
Q2 24
$3.1B
Total Assets
HBM
HBM
R
R
Q1 26
Q4 25
$16.4B
Q3 25
$16.5B
Q2 25
$16.5B
Q1 25
$16.4B
Q4 24
$16.7B
Q3 24
$16.5B
Q2 24
$16.4B
Debt / Equity
HBM
HBM
R
R
Q1 26
Q4 25
2.24×
Q3 25
2.35×
Q2 25
2.27×
Q1 25
2.21×
Q4 24
2.14×
Q3 24
2.17×
Q2 24
2.09×

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
R
R
Operating Cash FlowLast quarter
$583.0M
Free Cash FlowOCF − Capex
$273.0M
FCF MarginFCF / Revenue
8.7%
Capex IntensityCapex / Revenue
13.7%
Cash ConversionOCF / Net Profit
6.27×
TTM Free Cash FlowTrailing 4 quarters
$595.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HBM
HBM
R
R
Q1 26
$583.0M
Q4 25
$749.0M
Q3 25
$442.0M
Q2 25
$752.0M
Q1 25
$651.0M
Q4 24
$558.0M
Q3 24
$629.0M
Q2 24
$552.0M
Free Cash Flow
HBM
HBM
R
R
Q1 26
$273.0M
Q4 25
$344.0M
Q3 25
$-85.0M
Q2 25
$63.0M
Q1 25
$137.0M
Q4 24
$-201.0M
Q3 24
$30.0M
Q2 24
$-87.0M
FCF Margin
HBM
HBM
R
R
Q1 26
8.7%
Q4 25
10.8%
Q3 25
-2.7%
Q2 25
2.0%
Q1 25
4.4%
Q4 24
-6.3%
Q3 24
0.9%
Q2 24
-2.7%
Capex Intensity
HBM
HBM
R
R
Q1 26
13.7%
Q4 25
12.8%
Q3 25
16.6%
Q2 25
21.6%
Q1 25
16.4%
Q4 24
23.8%
Q3 24
18.9%
Q2 24
20.1%
Cash Conversion
HBM
HBM
R
R
Q1 26
6.27×
Q4 25
5.67×
Q3 25
3.20×
Q2 25
5.74×
Q1 25
6.64×
Q4 24
4.13×
Q3 24
4.43×
Q2 24
4.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HBM
HBM

Segment breakdown not available.

R
R

Fleet Management Solutions$1.5B47%
ChoiceLease$878.0M28%
Dedicated Transportation Solutions$553.0M18%
Commercial rental$211.0M7%

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