10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 10.8% per year over the past 5 years.
Operating margin has expanded, at 3.5% in the latest year.
Free cash flow has grown 13.2% per year over the past 5 years.
Financial health
The company holds more cash ($300M) than total debt ($154M).
Total debt has grown slower than revenue (-16.5% vs 10.8% per year).
Operating income covered interest expense 4.7× in the latest year.
Total debt is 0.7× EBITDA.
Shareholder returns
Dividends have been paid for 9 consecutive years, consuming 31.3% of earnings.
The dividend has grown 11.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.3B
$57M
25.0%
3.5%
—
$154M
$300M
2024
$1.5B
$251M
34.0%
16.7%
—
$154M
$492M
2023
$1.7B
$479M
45.7%
32.3%
—
$153M
$738M
2022
$1.7B
$641M
59.1%
46.1%
$637M
$303M
$829M
2021
$1.1B
$151M
47.7%
23.0%
$294M
$340M
$396M
2020
$783M
-$36M
20.1%
-3.5%
$25M
$380M
$212M
2019
$1.3B
$302M
43.2%
30.2%
$426M
$339M
$193M
2018
$1.4B
$697M
48.0%
36.9%
$458M
$469M
$206M
2017
$1.2B
$455M
49.3%
36.2%
$342M
$346M
$35M
2016
—
-$50M
—
—
—
$7M
$150M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$459M
$72M
36.7%
17.3%
—
$154M
$203M
Dec '25
$384M
$23M
29.5%
9.0%
—
$154M
$300M
Sep '25
$329M
$37M
27.1%
6.3%
—
$154M
$336M
Jun '25
$298M
$6M
23.9%
2.6%
—
$154M
$383M
Mar '25
$300M
-$8M
18.1%
-5.8%
—
$154M
$455M
Dec '24
$297M
$1M
23.1%
-1.4%
—
$154M
$492M
Sep '24
$328M
$42M
29.3%
11.9%
—
$153M
$583M
Jun '24
$397M
$71M
34.1%
17.9%
—
$153M
$709M
Mar '24
$504M
$137M
43.3%
29.6%
—
$153M
$694M
Dec '23
$364M
$129M
48.7%
36.7%
—
$153M
$738M
Sep '23
$423M
$85M
38.5%
25.4%
$32M
$153M
$687M
Jun '23
$380M
$82M
39.3%
23.8%
-$12M
$295M
$827M
Mar '23
$510M
$182M
54.4%
41.1%
$125M
$295M
$863M
Dec '22
$345M
$100M
47.6%
34.1%
$110M
$303M
$829M
Sep '22
$390M
$98M
47.9%
31.9%
$206M
$304M
$746M
Jun '22
$625M
$297M
69.4%
59.6%
$261M
$340M
$645M
Mar '22
$379M
$146M
64.3%
49.3%
$60M
$340M
$434M
Dec '21
$416M
$138M
62.7%
44.3%
$151M
$340M
$396M
Sep '21
$202M
$38M
54.6%
25.3%
$52M
$340M
$268M
Jun '21
$227M
-$5M
32.8%
-1.2%
$55M
$380M
$267M
Valuation over time
How the market has priced HCC against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 3.0× (Mar '23) to 78.6× (Jun '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 3.4× (Jun '26).
The dividend yield has fallen from 4.1% (Mar '23) to 0.4% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is HCC growing its revenue and profit?
Over the past 5 years, Warrior Met Coal, Inc.'s revenue has grown 10.8% per year. These are computed facts, not advice.
How much debt does HCC have?
As of FY2025, Warrior Met Coal, Inc. reported $154M of total debt against $300M of cash; operating income covered interest expense 4.7×.
What is HCC's profit margin?
In FY2025, gross margin was 25.0%, operating margin 3.5%, and net margin 4.4%.
What is HCC's P/E ratio?
As of Jun '26, Warrior Met Coal, Inc. traded at a price-to-earnings ratio of about 78.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.