15 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 →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $469M | $42M | 0.0% | 13.0% | 26.2% | 10.3% | $12M | $30M | $10M |
| 2024 | $404M | -$226M | 0.0% | -54.0% | -216.8% | -61.3% | $13M | $41M | $7M |
| 2023 | $635M | $45M | 25.4% | 10.2% | 16.7% | 7.6% | -$16M | $88M | $3M |
| 2022 | $362M | $18M | 26.3% | 8.4% | 8.4% | 2.9% | $149000 | $83M | $3M |
| 2021 | $248M | -$4M | 19.7% | -2.4% | -1.7% | -1.1% | $20M | $108M | $3M |
| 2020 | $244M | -$6M | 23.9% | 1.3% | -3.4% | -1.6% | $32M | $132M | $8M |
| 2019 | $323M | -$60M | 23.4% | 0.0% | -31.3% | -14.1% | $3M | $174M | $9M |
| 2018 | $294M | $8M | 26.6% | 0.0% | 3.0% | 1.5% | — | $188M | $16M |
| 2017 | $272M | $33M | 0.0% | 0.0% | 13.3% | 6.4% | — | $202M | $12M |
| 2016 | $281M | $13M | 0.0% | 0.0% | 5.8% | 2.4% | — | $239M | $10M |
| 2015 | $340M | $20M | 0.0% | 0.0% | 9.7% | 3.7% | — | $249M | $16M |
| 2014 | $241M | $10M | 0.0% | 0.0% | 5.4% | 1.8% | — | — | $13M |
| 2013 | $154M | $22M | 0.0% | 0.0% | 12.3% | 8.7% | — | — | $16M |
| 2012 | $141M | $24M | 0.0% | 0.0% | 14.7% | 10.4% | — | — | $22M |
| 2011 | $157M | $36M | 0.0% | 0.0% | 22.2% | 15.4% | $28M | — | $38M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $102M | -$15M | 0.0% | -12.5% | -8.0% | -3.3% | -$50M | $43M | $29M |
| Mar '26 | $102M | -$9M | 0.0% | -5.6% | -4.5% | -2.1% | $13M | — | $37M |
| Dec '25 | $102M | -$240000 | 0.0% | 6.1% | -0.2% | -0.1% | -$17M | $30M | $10M |
| Sep '25 | $147M | $24M | 0.0% | 19.8% | 16.3% | 5.8% | $4M | $43M | $13M |
| Jun '25 | $103M | $8M | 0.0% | 11.5% | 6.8% | 2.0% | -$2M | $43M | $9M |
| Mar '25 | $118M | $10M | 0.0% | 11.8% | 8.7% | 2.7% | $27M | $21M | $7M |
| Dec '24 | $93M | -$216M | 0.0% | -234.0% | -206.9% | -58.5% | $25M | $41M | $7M |
| Sep '24 | $105M | $2M | 0.0% | 4.5% | 0.5% | 0.3% | -$24M | $67M | $4M |
| Jun '24 | $94M | -$10M | 0.0% | -7.8% | -3.2% | -1.7% | $10M | $43M | $6M |
| Mar '24 | $112M | -$2M | 23.7% | 2.4% | -0.6% | -0.3% | $1M | $74M | $2M |
| Dec '23 | $120M | -$10M | 11.9% | -8.6% | -3.8% | -1.7% | -$47M | $88M | $3M |
| Sep '23 | $166M | $16M | 28.2% | 14.4% | 5.9% | 2.7% | $17M | $58M | $3M |
| Jun '23 | $161M | $17M | 28.4% | 13.8% | 6.6% | 2.8% | $1M | $72M | $2M |
| Mar '23 | $188M | $22M | 29.1% | 15.5% | 9.3% | 3.6% | $13M | $72M | $2M |
| Dec '22 | $152M | $30M | 36.8% | 22.7% | 14.0% | 4.8% | $25M | $83M | $3M |
| Sep '22 | $85M | $2M | 24.1% | 6.3% | 0.9% | 0.4% | -$2M | $110M | $7M |
| Jun '22 | $66M | -$3M | 22.0% | -1.2% | -1.9% | -0.9% | -$17M | $127M | $9M |
| Mar '22 | $59M | -$10M | 7.3% | -14.7% | -5.9% | -2.8% | -$6M | $116M | $4M |
| Dec '21 | $66M | -$8M | 16.7% | -5.2% | -3.6% | -2.2% | $968000 | $108M | $3M |
| Sep '21 | $80M | $8M | 15.1% | -1.7% | 4.2% | 2.2% | $17M | $110M | $5M |
How the market has priced HNRG 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.
Over the past 5 years, Hallador Energy Co's revenue has grown 14.0% per year. These are computed facts, not advice.
As of FY2025, Hallador Energy Co reported $30M of total debt against $10M of cash; operating income covered interest expense 3.6×.
In FY2025, gross margin was —, operating margin 13.0%, and net margin 8.9%.
As of Sep '26, Hallador Energy Co traded at a price-to-earnings ratio of about 18.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
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.