Nexa Resources Financials

NEXA

Source SEC Filings (10-K/10-Q) Updated Mar 26, 2026 Currency USD FYE March

This page shows Nexa Resources (NEXA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 47/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Nexa Resources's revenue grew 8.5% year-over-year to $3.0B, a solid pace of expansion. This earns a growth score of 48/100.

Leverage

100

Nexa Resources carries a low D/E ratio of 0.06, meaning only $0.06 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Nexa Resources's current ratio of 0.87 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 12/100, which could limit financial flexibility.

Cash Flow

While Nexa Resources generated $365.0M in operating cash flow, capex of $351.9M consumed most of it, leaving $13.1M in free cash flow. This results in a low score of 26/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Nexa Resources's ROE of 17.3% shows moderate profitability relative to equity, earning a score of 50/100. This is up from -17.7% the prior year.

Piotroski F-Score Neutral

5/9

Nexa Resources passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.64x

For every $1 of reported earnings, Nexa Resources generates $1.64 in operating cash flow ($365.0M OCF vs $223.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$3.0B

YoY+8.5%

5Y CAGR+9.0%

10Y CAGR+4.9%

Nexa Resources generated $3.0B in revenue in fiscal year 2025. This represents an increase of 8.5% from the prior year.

EBITDA

N/A

Net Income

$223.1M

YoY+219.1%

Nexa Resources reported $223.1M in net income in fiscal year 2025. This represents an increase of 219.1% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$13.1M

YoY-85.6%

10Y CAGR-25.0%

Nexa Resources generated $13.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 85.6% from the prior year.

Cash & Debt

$515.9M

YoY-16.9%

5Y CAGR-13.8%

10Y CAGR-1.8%

Nexa Resources held $515.9M in cash against $75.6M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

132M

YoY+0.0%

5Y CAGR+0.0%

Nexa Resources had 132M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

7.4%

YoY+14.2pp

5Y CAGR+40.9pp

10Y CAGR+14.9pp

Nexa Resources's net profit margin was 7.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 14.2 percentage points from the prior year.

Return on Equity

17.3%

YoY+35.0pp

5Y CAGR+57.6pp

10Y CAGR+21.3pp

Nexa Resources's ROE was 17.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 35.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$351.9M

YoY+35.9%

5Y CAGR+1.7%

10Y CAGR+6.7%

Nexa Resources invested $351.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 35.9% from the prior year.

NEXA Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$3.0B+8.5%	$2.8B+7.5%	$2.6B-15.2%	$3.0B+15.7%	$2.6B+34.4%	$2.0B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	$542K-57.4%	$1.3M-27.6%	$1.8M
Income Tax	-$108.6M+6.0%	-$115.6M-2803.7%	$4.3M+102.8%	-$151.0M+1.4%	-$153.2M-734.3%	$24.2M
Net Income	$223.1M+219.1%	-$187.4M+35.8%	-$291.8M-479.0%	$77.0M-50.7%	$156.1M+123.9%	-$652.5M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

NEXA Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$5.3B+13.7%	$4.6B-5.4%	$4.9B+0.3%	$4.9B-0.3%	$4.9B-3.1%	$5.1B
Current Assets	$1.3B+5.4%	$1.2B+13.9%	$1.1B-13.1%	$1.2B-17.2%	$1.5B-14.7%	$1.7B
Cash & Equivalents	$515.9M-16.9%	$620.5M+35.7%	$457.3M-8.1%	$497.8M-33.1%	$743.8M-31.5%	$1.1B
Inventory	$414.4M+27.4%	$325.2M-4.3%	$339.7M-14.1%	$395.2M+6.1%	$372.5M+45.2%	$256.5M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$877.9M+5.2%	$834.7M-8.2%	$909.3M+852.3%	$95.5M-91.0%	$1.1B-55.8%	$2.4B
Total Liabilities	$4.0B+11.4%	$3.6B+3.6%	$3.5B+8.5%	$3.2B-2.4%	$3.3B-5.3%	$3.4B
Current Liabilities	$1.5B+28.1%	$1.1B+4.8%	$1.1B+21.6%	$898.8M-9.1%	$989.3M+12.9%	$876.6M
Long-Term Debt	$75.6M+19.7%	$63.2M+13.3%	$55.7M+3997.6%	$1.4M-59.9%	$3.4M-65.0%	$9.7M
Total Equity	$1.3B+21.6%	$1.1B-27.0%	$1.5B-15.0%	$1.7B+4.0%	$1.6B+1.3%	$1.6B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Total Assets	$4.6B-5.4%	$4.9B+0.3%	$4.9B-0.3%	$4.9B-3.1%	$5.1B-7.4%	$5.5B-4.7%	$5.7B-3.8%	$6.0B
Current Assets	$1.2B+13.9%	$1.1B-13.1%	$1.2B-17.2%	$1.5B-14.7%	$1.7B+25.6%	$1.4B-19.0%	$1.7B-7.7%	$1.8B
Cash & Equivalents	$620.5M+35.7%	$457.3M-8.1%	$497.8M-33.1%	$743.8M-31.5%	$1.1B+55.5%	$698.6M-32.4%	$1.0B+1.4%	$1.0B
Inventory	$325.2M-4.3%	$339.7M-14.1%	$395.2M+6.1%	$372.5M+45.2%	$256.5M-13.1%	$295.3M+9.5%	$269.7M-17.0%	$324.9M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$834.7M-8.2%	$909.3M+852.3%	$95.5M-91.0%	$1.1B-55.8%	$2.4B+55.5%	$1.5B-11.7%	$1.7B-4.4%	$1.8B
Total Liabilities	$3.6B+3.6%	$3.5B+8.5%	$3.2B-2.4%	$3.3B-5.3%	$3.4B+15.4%	$3.0B+5.3%	$2.8B-7.2%	$3.1B
Current Liabilities	$1.1B+4.8%	$1.1B+21.6%	$898.8M-9.1%	$989.3M+12.9%	$876.6M+25.4%	$699.0M+7.2%	$651.9M-15.1%	$768.2M
Long-Term Debt	$63.2M+13.3%	$55.7M+3997.6%	$1.4M-59.9%	$3.4M-65.0%	$9.7M-45.9%	$17.9M-98.7%	$1.4B-1.5%	$1.4B
Total Equity	$1.1B-27.0%	$1.5B-15.0%	$1.7B+4.0%	$1.6B+1.3%	$1.6B-34.7%	$2.5B-13.2%	$2.9B-0.3%	$2.9B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	$61.4M+629.0%	-$11.6M

NEXA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$365.0M+4.4%	$349.7M+36.5%	$256.2M-4.7%	$269.0M-45.4%	$493.0M+69.0%	$291.7M
Capital Expenditures	$351.9M+35.9%	$259.0M-16.5%	$310.1M-18.9%	$382.5M-21.2%	$485.2M+49.9%	$323.7M
Free Cash Flow	$13.1M-85.6%	$90.7M+268.1%	-$54.0M+52.5%	-$113.5M-1558.7%	$7.8M+124.3%	-$32.0M
Investing Cash Flow	-$297.0M	N/A	N/A	N/A	N/A	-$369.2M
Financing Cash Flow	-$185.3M-399.2%	$61.9M+278.8%	-$34.6M+77.1%	-$151.6M+56.0%	-$344.1M-176.2%	$451.6M
Dividends Paid	$34.3M+120.7%	$15.5M-34.5%	$23.7M-65.4%	$68.5M+30.8%	$52.3M-6.5%	$56.0M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

NEXA Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	7.4%+14.2pp	-6.8%+4.6pp	-11.3%-13.9pp	2.5%-3.4pp	5.9%+39.4pp	-33.5%
Return on Equity	17.3%+35.0pp	-17.7%+2.4pp	-20.1%-24.6pp	4.5%-5.0pp	9.5%+49.8pp	-40.3%
Return on Assets	4.2%+8.3pp	-4.0%+1.9pp	-5.9%-7.5pp	1.6%-1.6pp	3.2%+16.1pp	-12.9%
Current Ratio	0.87-0.2	1.05+0.1	0.97-0.4	1.36-0.1	1.49-0.5	1.97
Debt-to-Equity	0.060.0	0.06+0.0	0.04+0.0	0.000.0	0.000.0	0.01
FCF Margin	0.4%-2.8pp	3.3%+5.4pp	-2.1%+1.6pp	-3.7%-4.0pp	0.3%+1.9pp	-1.6%

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.05+0.1	0.97-0.4	1.36-0.1	1.49-0.5	1.970.0	1.97-0.6	2.60+0.2	2.39
Debt-to-Equity	0.06+0.0	0.04+0.0	0.000.0	0.000.0	0.010.0	0.01-0.5	0.500.0	0.50
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.87), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Americas Gold And Silver Corp USAS

$1.7B

Sigma Lithium Corporation SGML

$1.4B

Standard Lithium SLI

$812.5M

United States Antimony UAMY

$1.3B

Frequently Asked Questions

What is Nexa Resources's annual revenue?

Nexa Resources (NEXA) reported $3.0B in total revenue for fiscal year 2025. This represents a 8.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Nexa Resources's revenue growing?

Nexa Resources (NEXA) revenue grew by 8.5% year-over-year, from $2.8B to $3.0B in fiscal year 2025.

Is Nexa Resources profitable?

Yes, Nexa Resources (NEXA) reported a net income of $223.1M in fiscal year 2025, with a net profit margin of 7.4%.

How much debt does Nexa Resources have?

As of fiscal year 2025, Nexa Resources (NEXA) had $515.9M in cash and equivalents against $75.6M in long-term debt.

What is Nexa Resources's net profit margin?

Nexa Resources (NEXA) had a net profit margin of 7.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Nexa Resources's return on equity (ROE)?

Nexa Resources (NEXA) has a return on equity of 17.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Nexa Resources's free cash flow?

Nexa Resources (NEXA) generated $13.1M in free cash flow during fiscal year 2025. This represents a -85.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Nexa Resources's operating cash flow?

Nexa Resources (NEXA) generated $365.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Nexa Resources's total assets?

Nexa Resources (NEXA) had $5.3B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Nexa Resources's capital expenditures?

Nexa Resources (NEXA) invested $351.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Nexa Resources have outstanding?

Nexa Resources (NEXA) had 132M shares outstanding as of fiscal year 2025.

What is Nexa Resources's current ratio?

Nexa Resources (NEXA) had a current ratio of 0.87 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Nexa Resources's debt-to-equity ratio?

Nexa Resources (NEXA) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Nexa Resources's return on assets (ROA)?

Nexa Resources (NEXA) had a return on assets of 4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Nexa Resources's Piotroski F-Score?

Nexa Resources (NEXA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Nexa Resources's earnings high quality?

Nexa Resources (NEXA) has an earnings quality ratio of 1.64x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Nexa Resources?

Nexa Resources (NEXA) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.