Nexa Resources Financials
Nexa Resources (NEXA) reported $3.0B in revenue for fiscal year 2025, up 8.5% from the prior fiscal year. This page shows its 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).
Nexa’s operating cash engine has returned, but heavy reinvestment and tighter working capital keep surplus cash scarce.
In FY2025, operating cash flow of$365M was almost fully consumed by capital spending of$352M . That is why the return to net income of$223M still translated into only free cash flow of$13M : this business can look recovered on earnings before it feels flush in cash.
Across FY2023 and FY2024, the company reported losses but still produced positive operating cash flow of
The balance-sheet pressure is more about near-term liquidity than heavy borrowing: FY2025 ended with a current ratio of 0.9x and just
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Nexa Resources's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Nexa Resources, and counted as zero in the overall score.
Nexa Resources's revenue grew 8.5% year-over-year to $3.0B, a solid pace of expansion. This earns a growth score of 60/100.
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 83/100, indicating a strong balance sheet with room for future borrowing.
Nexa Resources's current ratio of 0.87 is below the typical benchmark, resulting in a score of 14/100. This tight liquidity could limit financial flexibility if cash inflows slow.
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 31/100, reflecting heavy capital investment rather than weak cash generation.
Not available for Nexa Resources, and counted as zero in the overall score.
Nexa Resources passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
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
Earnings & Revenue
Nexa Resources generated $3.0B in revenue in fiscal year 2025. This represents an increase of 8.5% from the prior year.
Nexa Resources reported $223.1M in net income in fiscal year 2025. This represents an increase of 219.1% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Nexa Resources generated $13.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 85.8% from the prior year.
Nexa Resources held $515.9M in cash against $75.6M in long-term debt as of fiscal year 2025, with $1.5B of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
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.
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.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
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.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
NEXA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0B+8.5% | $2.8B+7.5% | $2.6B-15.2% | $3.0B+15.7% | $2.6B+34.4% | $2.0B-16.4% | $2.3B-6.4% | $2.5B+1.7% | $2.4B+24.7% | $2.0B+5.3% | $1.9B |
| Interest Expense | N/A | N/A | N/A | $542K-57.4% | $1.3M-27.6% | $1.8M+151.4% | -$3.4M | N/A | N/A | N/A | N/A |
| Income Tax | -$108.6M+6.0% | -$115.6M-2803.7% | $4.3M+102.8% | -$151.0M+1.4% | -$153.2M-734.3% | $24.2M-58.6% | $58.4M+50.6% | $38.8M-63.5% | $106.2M+7.9% | $98.4M+353.7% | -$38.8M |
| Net Income | $223.1M+219.1% | -$187.4M+35.8% | -$291.8M-479.0% | $77.0M-50.7% | $156.1M+123.9% | -$652.5M-314.2% | -$157.5M-269.1% | $93.1M-43.6% | $165.3M+49.5% | $110.5M+179.1% | -$139.8M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EPS (Diluted).
NEXA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.3B+13.7% | $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-3.2% | $6.2B | N/A |
| Current Assets | $1.3B+5.4% | $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+15.5% | $1.6B | N/A |
| Cash & Equivalents | $515.9M-16.9% | $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+11.3% | $915.6M+47.3% | $621.4M |
| Inventory | $414.4M+27.4% | $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+11.3% | $291.8M | 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+55.5% | $1.5B-11.7% | $1.7B-4.4% | $1.8B-4.2% | $1.9B-3.3% | $2.0B |
| Total Liabilities | $4.0B+11.4% | $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+7.6% | $2.8B | N/A |
| Current Liabilities | $1.5B+28.1% | $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-12.3% | $875.9M | N/A |
| 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-45.9% | $17.9M-98.7% | $1.4B-1.5% | $1.4B+26.5% | $1.1B+8.3% | $1.1B |
| Total Equity | $1.3B+21.6% | $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-13.7% | $3.3B-5.8% | $3.5B |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $61.4M+629.0% | -$11.6M+91.6% | -$138.0M | N/A |
Not reported in any period shown, so not listed: Accounts Receivable.
NEXA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $365.0M+3.9% | $351.4M+37.2% | $256.2M-4.7% | $269.0M-45.4% | $493.0M+69.0% | $291.7M+137.5% | $122.8M-64.7% | $347.6M-8.3% | $378.9M-35.2% | $585.1M+41.1% | $414.6M |
| Capital Expenditures | $351.9M+35.9% | $259.0M-16.5% | $310.1M-18.9% | $382.5M-21.2% | $485.2M+49.9% | $323.7M-18.4% | $396.7M+32.3% | $299.8M+51.7% | $197.6M+9.3% | $180.9M-1.3% | $183.2M |
| Free Cash Flow | $13.1M-85.8% | $92.4M+271.2% | -$54.0M+52.5% | -$113.5M-1558.7% | $7.8M+124.3% | -$32.0M+88.3% | -$273.8M-672.6% | $47.8M-73.6% | $181.3M-55.1% | $404.2M+74.7% | $231.4M |
| Investing Cash Flow | -$297.0M-24.7% | -$238.1M+11.9% | -$270.4M | N/A | N/A | -$369.2M-10.1% | -$335.4M-112.1% | -$158.1M+51.9% | -$328.4M-63.0% | -$201.4M-28.6% | -$156.7M |
| Financing Cash Flow | -$185.3M-396.7% | $62.4M+280.3% | -$34.6M+77.1% | -$151.6M+56.0% | -$344.1M-176.2% | $451.6M+478.6% | -$119.3M+32.8% | -$177.4M-435.7% | $52.8M+157.3% | -$92.2M+76.1% | -$385.9M |
| Dividends Paid | $34.3M+120.7% | $15.5M-34.5% | $23.7M-65.4% | $68.5M+30.8% | $52.3M-6.5% | $56.0M-50.6% | $113.4M+3163.0% | $3.5M-94.4% | $61.5M+3.2% | $59.7M+347.1% | $13.3M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | -$8.1M+499.3% | $1.4M | N/A | N/A | N/A |
NEXA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 7.4%+14.2pp | -6.8%+4.6pp | -11.3%-13.9pp | 2.5%-3.4pp | 5.9%+39.4pp | -33.5%-26.7pp | -6.8%-10.5pp | 3.7%-3.0pp | 6.8%+1.1pp | 5.6%+13.1pp | -7.5% |
| 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%-33.9pp | -6.3%-9.6pp | 3.3%-2.5pp | 5.8%+2.4pp | 3.3%+7.3pp | -4.0% |
| 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%-10.0pp | -2.9%-4.5pp | 1.6%-1.1pp | 2.8%+1.0pp | 1.8% | N/A |
| Current Ratio | 0.87-0.2x | 1.05+0.1x | 0.97-0.4x | 1.36-0.1x | 1.49-0.5x | 1.970.0x | 1.97-0.6x | 2.60+0.2x | 2.39+0.6x | 1.82 | N/A |
| Debt-to-Equity | 0.060.0x | 0.060.0x | 0.040.0x | 0.000.0x | 0.000.0x | 0.010.0x | 0.01-0.5x | 0.500.0x | 0.50+0.2x | 0.340.0x | 0.30 |
| FCF Margin | 0.4%-2.9pp | 3.3%+5.4pp | -2.1%+1.6pp | -3.7%-4.0pp | 0.3%+1.9pp | -1.6%+10.1pp | -11.7%-13.7pp | 1.9%-5.5pp | 7.4%-13.2pp | 20.6%+8.2pp | 12.4% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Note: The current ratio is below 1.0 (0.87), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Nexa Resources Ranks
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 -85.8% 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.
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 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 31 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.