Cleveland-Cliffs (CLF) vs Hudbay Minerals (HBM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Hudbay Minerals (HBM) has outperformed Cleveland-Cliffs (CLF) over the past year, gaining 63.8% versus a loss of 5.9%. Over five years, HBM leads with a +245.9% price change compared with -43.8% for CLF. Hudbay Minerals is the larger company by market cap ($11.18 billion vs $6.94 billion), about 1.6 times the size.
On valuation, Hudbay Minerals trades at a lower forward P/E (12.6x vs 14.2x for Cleveland-Cliffs). Hudbay Minerals pays a dividend yielding 0.08%, while Cleveland-Cliffs does not currently pay one. Hudbay Minerals converts more of its revenue into profit, with a net margin of 25.7% versus -7.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CLF | HBM |
|---|---|---|
| Share price | $12.17 | $25.17 |
| Market cap | $6.94B | $11.18B |
| 1-day change | +0.87% | -2.71% |
| YTD return | -9.19% | +30.33% |
| 1-year return | -5.85% | +63.84% |
| 5-year return | -43.80% | +245.86% |
| P/E ratio (TTM) | — | 14.72 |
| Forward P/E | 14.18 | 12.60 |
| EPS (TTM) | $-1.61 | $1.71 |
| Dividend yield | 0.00% | 0.08% |
| Annual dividend | $0.00 | $0.021 |
| Revenue (latest FY) | $18.61B | $2.21B |
| Revenue growth (YoY) | -3.00% | +9.39% |
| Net income (latest FY) | $-1.48B | $568.50M |
| Gross margin | -4.62% | 33.61% |
| Operating margin | -8.48% | 41.45% |
| Net margin | -7.94% | 25.71% |
| 52-week high | $16.70 | $32.15 |
| 52-week low | $7.73 | $14.34 |
| Distance from 52-week high | -27.16% | -21.71% |
| Analyst consensus | hold | strong_buy |
| Avg. price target upside | +3.58% | +39.13% |
| Average volume | 18.45M | 4.53M |
| Shares outstanding | 570.54M | 444.14M |
| Employees | 25,000 | — |
| Sector | Basic Materials | Basic Materials |
| Industry | Metal Mining | Metal Mining |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HBM has outperformed CLF by 69.7 percentage points over the past year.
- Hudbay Minerals is more profitable, keeping 25.7 cents of every revenue dollar as net income versus -7.9 cents for Cleveland-Cliffs.
- Hudbay Minerals grew revenue faster in its latest fiscal year (+9.39% vs -3.00%).
About Cleveland-Cliffs
CLF stock →Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada.
Basic Materials · Metal Mining · 25,000 employees
About Hudbay Minerals
HBM stock →Hudbay Minerals Inc., a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It primarily explores for copper concentrates containing copper, gold, zinc, molybdenum concentrates, and silver.
Basic Materials · Metal Mining
CLF vs HBM FAQ
Which is bigger, Cleveland-Cliffs or Hudbay Minerals?
Hudbay Minerals (HBM) is larger, with a market capitalization of $11.18B compared with $6.94B for Cleveland-Cliffs (CLF).
Which stock has performed better over the past year, CLF or HBM?
HBM returned +63.84% over the past 12 months, compared with -5.85% for CLF (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Cleveland-Cliffs or Hudbay Minerals?
Hudbay Minerals pays a dividend yielding 0.08%, while Cleveland-Cliffs does not currently pay a regular dividend.
Are Cleveland-Cliffs and Hudbay Minerals in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.