Warrior Met Coal, Inc. (HCC)

Warrior Met Coal, Inc. engages in the production and export of non-thermal steelmaking coal for the steel production by metal manufacturers in Europe, South America, and Asia. It offers hard-coking coal through the operation of underground mines located in Alabama. The company also sells natural gas extracted as a byproduct from coal production. Warrior Met Coal, Inc. was incorporated in 2015 and is headquartered in Brookwood, Alabama.

Symbol
HCC
Exchange
NYSE
Sector
Basic Materials
Industry
Coking Coal
Market cap
$4.76B
52 week range
61.4 - 111.42

Valuation

Share price
$90.24 (close of 2026-09-23)
P/E (TTM)
21.74x
Price to book
2.08x
Price to free cash flow
15.81x
Enterprise value
$4.73B
Book value per share
$43.37

Price performance

PeriodChange
1 day+2.00%
5 days-1.48%
1 month-15.45%
3 months+4.80%
6 months+4.34%
Year to date+2.35%
1 year+45.38%
3 years+97.29%
5 years+306.85%
All time+401.33%

Profitability and growth

Return on equity
2.66%
Return on invested capital
2.16%
Return on assets
2.05%
Return on capital employed
1.81%
Gross margin
25.01%
Net margin
4.35%
EBITDA margin
17.88%
Revenue growth
-14.11%
Net income growth
-77.26%
Free cash flow growth
-37.61%

Cash flow and balance sheet

Free cash flow yield (TTM)
6.32%
Current ratio
3.93x
Net debt to EBITDA
-0.07x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$1.31B
Cost of revenue
$982.40M
Gross profit
$327.64M
EBITDA
$234.27M
Net income
$57.00M
Earnings per share
$1.08
Shares outstanding
52.56M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.31B$327.64M$57.00M$1.08
2024-12-31$1.53B$517.92M$250.60M$4.79
2023-12-31$1.68B$766.36M$478.63M$9.21
2022-12-31$1.74B$1.03B$641.30M$12.42
2021-12-31$1.06B$504.93M$150.88M$2.94
2020-12-31$782.74M$157.57M$-35.76M$-0.70
2019-12-31$1.27B$547.56M$301.70M$5.87
2018-12-31$1.38B$661.36M$696.79M$13.19
2017-12-31$1.17B$576.56M$455.05M$8.62
2016-12-31$297.63M-$-49.67M$0.00

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3125.01%4.35%2.66%2.16%
2024-12-3133.96%16.43%11.99%12.52%
2023-12-3145.71%28.55%25.53%35.79%
2022-12-3159.13%36.88%44.30%69.16%
2021-12-3147.67%14.24%17.30%22.43%
2020-12-3120.13%-4.57%-4.93%-1.46%
2019-12-3143.17%23.79%39.41%33.57%
2018-12-3147.99%50.56%97.78%52.08%
2017-12-3149.32%38.92%110.17%58.52%
2016-12-31--16.69%-6.60%-

Cash and debt by year

Period endCashDebt
2025-12-31$299.96M$154.25M
2024-12-31$491.55M$153.61M
2023-12-31$738.20M$153.02M
2022-12-31$829.48M$302.59M
2021-12-31$395.84M$339.81M
2020-12-31$211.92M$379.91M
2019-12-31$193.38M$339.19M
2018-12-31$205.58M$468.23M
2017-12-31$35.47M$342.95M
2016-12-31$150.04M$3.73M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$229.25M$19.95M
2024-12-31$367.45M$22.07M
2023-12-31$701.11M$18.21M
2022-12-31$636.66M$17.62M
2021-12-31$293.65M$9.37M
2020-12-31$25.14M$7.60M
2019-12-31$425.54M$5.82M
2018-12-31$457.78M$6.41M
2017-12-31$341.89M$4.18M

Dividend history

Most recent payment
2026-08-10
Paid in the last twelve months
$0.32
Payment dateDividend per share
2026-08-10$0.08
2026-05-01$0.08
2026-02-23$0.08
2025-11-07$0.08
2025-08-08$0.08
2025-05-05$0.08
2025-02-24$0.08
2024-11-05$0.08

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$1.38

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$1.54
2026-04-30--
2026-02-12--
2025-11-05--
2025-08-06--
2025-04-30--
2025-02-13--
2024-10-30--

Filings and sources

Company website
warriormetcoal.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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