vs

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

Constellation Brands is the larger business by last-quarter revenue ($2.2B vs $2.0B, roughly 1.1× Hudbay Minerals Inc.). Constellation Brands runs the higher net margin — 22.6% vs 3.4%, a 19.3% 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.

Constellation Brands, Inc. is an American producer and marketer of beer, wine, and spirits. A Fortune 500 company, Constellation is the largest beer import company in the US, measured by sales, and has the third-largest market share of all major beer suppliers. It also has sizable investments in medical and recreational cannabis through its association with Canopy Growth. Based in Rochester, New York, Constellation has about 40 facilities and approximately 9,000 employees.

HBM vs STZ — Head-to-Head

Bigger by revenue
STZ
STZ
1.1× larger
STZ
$2.2B
$2.0B
HBM
Higher net margin
STZ
STZ
19.3% more per $
STZ
22.6%
3.4%
HBM

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HBM
HBM
STZ
STZ
Revenue
$2.0B
$2.2B
Net Profit
$67.8M
$502.8M
Gross Margin
27.4%
53.2%
Operating Margin
31.1%
Net Margin
3.4%
22.6%
Revenue YoY
-9.8%
Net Profit YoY
-18.4%
EPS (diluted)

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
STZ
STZ
Q1 26
$2.0B
Q4 25
$2.2B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$525.0M
$2.2B
Q4 24
$1.4B
$2.5B
Q3 24
$2.9B
Q2 24
$2.7B
Net Profit
HBM
HBM
STZ
STZ
Q1 26
$67.8M
Q4 25
$502.8M
Q3 25
$466.0M
Q2 25
$516.1M
Q1 25
$18.5M
$-375.3M
Q4 24
$615.9M
Q3 24
$-1.2B
Q2 24
$877.0M
Gross Margin
HBM
HBM
STZ
STZ
Q1 26
27.4%
Q4 25
53.2%
Q3 25
52.8%
Q2 25
50.4%
Q1 25
29.0%
51.5%
Q4 24
52.1%
Q3 24
51.8%
Q2 24
52.7%
Operating Margin
HBM
HBM
STZ
STZ
Q1 26
Q4 25
31.1%
Q3 25
35.2%
Q2 25
28.4%
Q1 25
-6.9%
Q4 24
32.2%
Q3 24
-42.1%
Q2 24
35.4%
Net Margin
HBM
HBM
STZ
STZ
Q1 26
3.4%
Q4 25
22.6%
Q3 25
18.8%
Q2 25
20.5%
Q1 25
3.5%
-17.3%
Q4 24
25.0%
Q3 24
-41.1%
Q2 24
32.9%

Balance Sheet & Financial Strength

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

Metric
HBM
HBM
STZ
STZ
Cash + ST InvestmentsLiquidity on hand
$152.4M
Total DebtLower is stronger
$10.3B
Stockholders' EquityBook value
$7.7B
Total Assets
$21.7B
Debt / EquityLower = less leverage
1.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HBM
HBM
STZ
STZ
Q1 26
Q4 25
$152.4M
Q3 25
$72.0M
Q2 25
$73.9M
Q1 25
$68.1M
Q4 24
$73.7M
Q3 24
$64.6M
Q2 24
$73.8M
Total Debt
HBM
HBM
STZ
STZ
Q1 26
Q4 25
$10.3B
Q3 25
$10.3B
Q2 25
$11.2B
Q1 25
$10.7B
Q4 24
$10.7B
Q3 24
$11.1B
Q2 24
$11.1B
Stockholders' Equity
HBM
HBM
STZ
STZ
Q1 26
Q4 25
$7.7B
Q3 25
$7.5B
Q2 25
$7.3B
Q1 25
$6.9B
Q4 24
$7.8B
Q3 24
$7.9B
Q2 24
$10.3B
Total Assets
HBM
HBM
STZ
STZ
Q1 26
Q4 25
$21.7B
Q3 25
$21.4B
Q2 25
$22.3B
Q1 25
$21.7B
Q4 24
$22.8B
Q3 24
$23.1B
Q2 24
$26.1B
Debt / Equity
HBM
HBM
STZ
STZ
Q1 26
Q4 25
1.33×
Q3 25
1.37×
Q2 25
1.54×
Q1 25
1.55×
Q4 24
1.37×
Q3 24
1.41×
Q2 24
1.08×

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
STZ
STZ
Operating Cash FlowLast quarter
$616.9M
Free Cash FlowOCF − Capex
$370.9M
FCF MarginFCF / Revenue
16.7%
Capex IntensityCapex / Revenue
11.1%
Cash ConversionOCF / Net Profit
1.23×
TTM Free Cash FlowTrailing 4 quarters
$1.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HBM
HBM
STZ
STZ
Q1 26
Q4 25
$616.9M
Q3 25
$852.1M
Q2 25
$637.2M
Q1 25
$594.7M
Q4 24
$685.2M
Q3 24
$1.2B
Q2 24
$690.5M
Free Cash Flow
HBM
HBM
STZ
STZ
Q1 26
Q4 25
$370.9M
Q3 25
$634.8M
Q2 25
$444.4M
Q1 25
$312.1M
Q4 24
$456.8M
Q3 24
$854.0M
Q2 24
$315.2M
FCF Margin
HBM
HBM
STZ
STZ
Q1 26
Q4 25
16.7%
Q3 25
25.6%
Q2 25
17.7%
Q1 25
14.4%
Q4 24
18.5%
Q3 24
29.3%
Q2 24
11.8%
Capex Intensity
HBM
HBM
STZ
STZ
Q1 26
Q4 25
11.1%
Q3 25
8.8%
Q2 25
7.7%
Q1 25
13.1%
Q4 24
9.3%
Q3 24
11.2%
Q2 24
14.1%
Cash Conversion
HBM
HBM
STZ
STZ
Q1 26
Q4 25
1.23×
Q3 25
1.83×
Q2 25
1.23×
Q1 25
Q4 24
1.11×
Q3 24
Q2 24
0.79×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HBM
HBM

Segment breakdown not available.

STZ
STZ

Beer$2.0B90%
Constellation Wines And Spirits$213.1M10%

Related Comparisons