Nexa Resources S.A. (NEXA) Stock Analysis
Basic Materials · Other Industrial Metals & Mining · NYSE
Nexa Resources S.A. (NEXA) posted $3.00B in revenue for fiscal 2025 (up 8.5% year over year), at a 4.4% net margin, and has compounded revenue about -0.4%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Nexa Resources S.A.
Nexa Resources S.A. has grown revenue from $3.03B to $3.00B over the last 4 fiscal years, compounding about -0.4% a year. The most recent year was up 8.5%, so growth is actually accelerating.
Net margin sits at 4.4%, up 11.8 points year over year on a 23.7% gross margin. It carries about $1.68B of total debt.
At today's valuation the market is pricing in roughly 35.5% annual free-cash-flow growth. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Nexa Resources S.A.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Nexa Resources S.A. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $3.03B | $2.57B | $2.77B | $3.00B |
| Gross profit | $640.05M | $298.88M | $538.07M | $712.90M |
| Net income | $49.70M | $-291.97M | $-205.03M | $132.63M |
| Net margin | 1.6% | -11.3% | -7.4% | 4.4% |
Source: Nexa Resources S.A. SEC filings (10-K).
Nexa Resources S.A.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 62.0% while revenue rose 8.5% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
What growth is priced into NEXA stock?
At today's market cap of $1.63B, Nexa Resources S.A. is priced for free-cash-flow growth of about 35.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $11.09M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of Nexa Resources S.A. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Nexa Resources S.A. financial history by metric
About Nexa Resources S.A.
Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces metallic zinc, zamac, gold, sulfuric acid and zinc oxide, as well as by-products, such as sulfuric acid, silver concentrate, copper cement, copper sulfate, lead concentrate, lead-silver concentrate, and other metallurgical by-products. The Company owns and operates three polymetallic mines in Peru and two polymetallic mines in Brazil. The company owns and operates three polymetallic mines in Peru and two polymetallic mines in Brazil; zinc smelter in Peru and two zinc smelters in Brazil. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources S.A. is a subsidiary of Votorantim S.A.
Nexa Resources S.A. — frequently asked questions
What is Nexa Resources S.A.'s revenue?
Nexa Resources S.A. (NEXA) reported revenue of $3.00B for fiscal year 2025, up 8.5% from the prior year, according to its SEC filings.
Is Nexa Resources S.A. profitable?
Yes. NEXA earned net income of $132.63M in fiscal 2025, a net margin of 4.4%.
What is NEXA's P/E ratio?
Nexa Resources S.A. trades at a price-to-earnings ratio of about 7.8 based on the latest data in our nightly-refreshed cache.
How fast is Nexa Resources S.A. growing?
NEXA's revenue grew at roughly -0.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Nexa Resources S.A. have?
As of fiscal year 2025, NEXA carried roughly $1.68B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Nexa Resources S.A.'s gross margin?
NEXA's gross margin was 23.7% in fiscal 2025 — gross profit of $712.90M on revenue of $3.00B.
What is Nexa Resources S.A.'s market cap?
Nexa Resources S.A. (NEXA) has a market capitalization of about $1.63B, based on the latest data in our nightly-refreshed cache.
When does Nexa Resources S.A.'s fiscal year end?
NEXA's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into NEXA stock?
At today's market cap of $1.63B, Nexa Resources S.A. is priced for free-cash-flow growth of about 35.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $11.09M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from Nexa Resources S.A.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.