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Side-by-side financial comparison of HECLA MINING CO (HL) and Legence Corp. (LGN). Click either name above to swap in a different company.

Legence Corp. is the larger business by last-quarter revenue ($708.0M vs $448.1M, roughly 1.6× HECLA MINING CO). HECLA MINING CO runs the higher net margin — 30.0% vs -0.1%, a 30.1% gap on every dollar of revenue. On growth, HECLA MINING CO posted the faster year-over-year revenue change (79.5% vs 26.2%). Legence Corp. produced more free cash flow last quarter ($137.4M vs $134.7M).

Hecla Mining is a leading U.S.-based precious and base metals mining firm. Core products include silver, gold, lead and zinc, with operating assets across North America. It supplies raw materials to global jewelry manufacturing, industrial production, and renewable energy segments, and is a top domestic primary silver producer.

Legence Corp is a leading sustainable building and decarbonization solution provider. It delivers energy efficiency optimization, building automation design, renewable energy integration, and low-carbon retrofit services for commercial, industrial, and institutional clients, with core operations across North America to help customers cut costs and reduce carbon footprints.

HL vs LGN — Head-to-Head

Bigger by revenue
LGN
LGN
1.6× larger
LGN
$708.0M
$448.1M
HL
Growing faster (revenue YoY)
HL
HL
+53.2% gap
HL
79.5%
26.2%
LGN
Higher net margin
HL
HL
30.1% more per $
HL
30.0%
-0.1%
LGN
More free cash flow
LGN
LGN
$2.7M more FCF
LGN
$137.4M
$134.7M
HL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HL
HL
LGN
LGN
Revenue
$448.1M
$708.0M
Net Profit
$134.4M
$-576.0K
Gross Margin
55.4%
20.9%
Operating Margin
49.1%
5.3%
Net Margin
30.0%
-0.1%
Revenue YoY
79.5%
26.2%
Net Profit YoY
1027.2%
46.8%
EPS (diluted)
$0.20
$-0.02

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
HL
HL
LGN
LGN
Q4 25
$448.1M
Q3 25
$409.5M
$708.0M
Q2 25
$304.0M
Q1 25
$261.3M
Q4 24
$249.7M
Q3 24
$245.1M
$560.8M
Q2 24
$245.7M
Q1 24
$189.5M
Net Profit
HL
HL
LGN
LGN
Q4 25
$134.4M
Q3 25
$100.7M
$-576.0K
Q2 25
$57.7M
Q1 25
$28.9M
Q4 24
$11.9M
Q3 24
$1.8M
$-1.1M
Q2 24
$27.9M
Q1 24
$-5.8M
Gross Margin
HL
HL
LGN
LGN
Q4 25
55.4%
Q3 25
44.1%
20.9%
Q2 25
39.3%
Q1 25
28.3%
Q4 24
27.4%
Q3 24
24.2%
21.1%
Q2 24
20.9%
Q1 24
10.1%
Operating Margin
HL
HL
LGN
LGN
Q4 25
49.1%
Q3 25
36.3%
5.3%
Q2 25
30.8%
Q1 25
20.0%
Q4 24
15.3%
Q3 24
9.2%
4.8%
Q2 24
16.5%
Q1 24
2.7%
Net Margin
HL
HL
LGN
LGN
Q4 25
30.0%
Q3 25
24.6%
-0.1%
Q2 25
19.0%
Q1 25
11.0%
Q4 24
4.8%
Q3 24
0.7%
-0.2%
Q2 24
11.3%
Q1 24
-3.0%
EPS (diluted)
HL
HL
LGN
LGN
Q4 25
$0.20
Q3 25
$0.15
$-0.02
Q2 25
$0.09
Q1 25
$0.05
Q4 24
$0.03
Q3 24
$0.00
Q2 24
$0.04
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
HL
HL
LGN
LGN
Cash + ST InvestmentsLiquidity on hand
$301.2M
$176.0M
Total DebtLower is stronger
$812.6M
Stockholders' EquityBook value
$2.6B
$387.9M
Total Assets
$3.6B
$2.6B
Debt / EquityLower = less leverage
2.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HL
HL
LGN
LGN
Q4 25
$301.2M
Q3 25
$133.9M
$176.0M
Q2 25
$296.6M
Q1 25
$23.7M
Q4 24
$26.9M
Q3 24
$22.3M
Q2 24
$24.6M
Q1 24
$80.2M
Total Debt
HL
HL
LGN
LGN
Q4 25
Q3 25
$812.6M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HL
HL
LGN
LGN
Q4 25
$2.6B
Q3 25
$2.4B
$387.9M
Q2 25
$2.3B
Q1 25
$2.1B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$2.0B
Total Assets
HL
HL
LGN
LGN
Q4 25
$3.6B
Q3 25
$3.2B
$2.6B
Q2 25
$3.3B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$2.9B
Q1 24
$3.0B
Debt / Equity
HL
HL
LGN
LGN
Q4 25
Q3 25
2.10×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
HL
HL
LGN
LGN
Operating Cash FlowLast quarter
$217.1M
$162.1M
Free Cash FlowOCF − Capex
$134.7M
$137.4M
FCF MarginFCF / Revenue
30.1%
19.4%
Capex IntensityCapex / Revenue
18.4%
3.5%
Cash ConversionOCF / Net Profit
1.61×
TTM Free Cash FlowTrailing 4 quarters
$310.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HL
HL
LGN
LGN
Q4 25
$217.1M
Q3 25
$148.0M
$162.1M
Q2 25
$161.8M
Q1 25
$35.7M
Q4 24
$67.5M
Q3 24
$55.0M
Q2 24
$78.7M
Q1 24
$17.1M
Free Cash Flow
HL
HL
LGN
LGN
Q4 25
$134.7M
Q3 25
$90.1M
$137.4M
Q2 25
$103.8M
Q1 25
$-18.4M
Q4 24
$6.7M
Q3 24
$-690.0K
Q2 24
$28.3M
Q1 24
$-30.5M
FCF Margin
HL
HL
LGN
LGN
Q4 25
30.1%
Q3 25
22.0%
19.4%
Q2 25
34.1%
Q1 25
-7.0%
Q4 24
2.7%
Q3 24
-0.3%
Q2 24
11.5%
Q1 24
-16.1%
Capex Intensity
HL
HL
LGN
LGN
Q4 25
18.4%
Q3 25
14.1%
3.5%
Q2 25
19.1%
Q1 25
20.7%
Q4 24
24.3%
Q3 24
22.7%
Q2 24
20.5%
Q1 24
25.1%
Cash Conversion
HL
HL
LGN
LGN
Q4 25
1.61×
Q3 25
1.47×
Q2 25
2.80×
Q1 25
1.24×
Q4 24
5.66×
Q3 24
31.24×
Q2 24
2.82×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HL
HL

Silver Contracts$258.5M58%
Gold$129.2M29%
Zinc$30.3M7%
Lead$23.3M5%
Environmental Remediation Services$9.2M2%

LGN
LGN

Installation And Fabrication$408.7M58%
Engineering And Design$110.9M16%
Program And Project Management$101.2M14%
Maintenance And Service$87.1M12%

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