METC · Ramaco Resources, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | $167.41M | - | - | - | - | - | - | - |
| Cost of Revenue | $108.51M | - | $101.84M | $134.18M | $114.13M | - | $134.73M | $122.77M | $139.71M | - |
| Gross Profit | - | - | $65.57M | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $20.29M | - | $16.14M | $15.18M | $14.60M | - | $12.92M | $10.90M | $14.11M | - |
| Total Operating Expenses | $145.92M | - | $135.48M | $166.80M | $146.68M | - | $165.82M | $149.90M | $169.40M | - |
| D&A | $16.61M | - | $17.09M | $17.04M | $17.54M | - | $17.81M | $15.88M | $15.22M | - |
| Operating Income | ($24.30M) | - | ($14.48M) | ($13.84M) | ($12.02M) | - | $1.59M | $5.42M | $3.27M | - |
| Interest Expense | ($2.23M) | - | $1.70M | - | - | - | - | - | - | - |
| Income Tax | ($5.83M) | - | ($3.30M) | ($2.03M) | ($4.29M) | - | $61.0K | $915.0K | $540.0K | - |
| Net Income | ($18.32M) | - | ($13.31M) | ($13.97M) | ($9.46M) | - | ($239.0K) | $5.54M | $2.03M | - |
| EPS - Basic | - | - | - | - | - | - | ($0.03) | $0.08 | $0.00 | - |
| EPS - Diluted | - | - | - | - | - | - | ($0.03) | $0.08 | $0.00 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $355.20M | $440.35M | $193.85M | $28.13M | $43.47M | $33.01M | $22.86M | $27.57M | $30.50M | $41.96M |
| Accounts Receivable | $66.33M | $54.35M | $43.61M | $55.94M | $52.12M | $73.58M | $62.91M | $69.61M | $103.54M | $96.87M |
| Inventory | $105.55M | $87.16M | $81.57M | $59.31M | $56.12M | $43.36M | $53.05M | $52.40M | $41.28M | $37.16M |
| Accounts Payable | $57.00M | $41.60M | $41.67M | $56.27M | $59.50M | $48.85M | $53.78M | $47.86M | $59.69M | $51.62M |
| Current Assets | $542.70M | $597.61M | $328.73M | $154.91M | $163.97M | $167.63M | $146.67M | $160.63M | $182.61M | $189.74M |
| Total Assets | $1.09B | $1.14B | $849.65M | $674.65M | $685.74M | $674.69M | $645.39M | $659.23M | $674.01M | $665.84M |
| Current Liabilities | $111.24M | $109.50M | $110.57M | $113.79M | $124.36M | $122.43M | $108.79M | $120.78M | $148.47M | $169.99M |
| Long-term Debt | - | $467.56M | $116.32M | - | - | $57.0K | $43.14M | $42.16M | $24.74M | $349.0K |
| Total Liabilities | $654.58M | $657.00M | $322.74M | $327.21M | $330.49M | $311.88M | $283.57M | $293.10M | $301.74M | $296.23M |
| Stockholders' Equity | $437.00M | $483.57M | $526.91M | $347.44M | $355.25M | $362.81M | $361.82M | $366.13M | $372.27M | $369.61M |
| Retained Earnings | ($18.63M) | ($311.0K) | $17.09M | $32.55M | $48.39M | $69.53M | $80.22M | $88.87M | $91.78M | $91.94M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($34.60M) | - | - | - | $26.04M | - | - | - | $25.19M | - |
| Investing Cash Flow | ($17.02M) | - | - | - | ($22.26M) | - | - | - | ($18.66M) | - |
| Financing Cash Flow | ($33.52M) | - | - | - | $6.67M | - | - | - | ($17.98M) | - |
| CapEx | - | - | - | - | - | - | - | - | $18.73M | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | $6.46M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | 39.2% | - | - | - | - | - | - | - |
| Operating margin | - | - | -8.7% | - | - | - | - | - | - | - |
| EBITDA margin | - | - | 1.6% | - | - | - | - | - | - | - |
| Net margin | - | - | -7.9% | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 3.18 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 9.6% | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | 14.2% | 21.0% | - |
| Return on assets | -1.7% | - | -1.6% | -2.1% | -1.4% | - | -0.0% | 0.8% | 0.3% | - |
| Return on equity | -4.2% | - | -2.5% | -4.0% | -2.7% | - | -0.1% | 1.5% | 0.5% | - |
| Return on invested capital | - | - | -1.8% | - | - | - | 0.3% | 1.1% | 0.7% | - |
| Liquidity | ||||||||||
| Current ratio | 4.88 | 5.46 | 2.97 | 1.36 | 1.32 | 1.37 | 1.35 | 1.33 | 1.23 | 1.12 |
| Quick ratio | 3.93 | 4.66 | 2.24 | 0.84 | 0.87 | 1.02 | 0.86 | 0.90 | 0.95 | 0.90 |
| Cash ratio | 3.19 | 4.02 | 1.75 | 0.25 | 0.35 | 0.27 | 0.21 | 0.23 | 0.21 | 0.25 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.97 | 0.22 | - | - | 0.00 | 0.12 | 0.12 | 0.07 | 0.00 |
| Debt / Assets | - | 0.41 | 0.14 | - | - | 0.00 | 0.07 | 0.06 | 0.04 | 0.00 |
| Debt / EBITDA | - | - | 44.58 | - | - | - | 2.22 | 1.98 | 1.34 | - |
| Interest coverage | 10.9x | - | -8.5x | - | - | - | - | - | - | - |
| Equity multiplier | 2.50 | 2.36 | 1.61 | 1.94 | 1.93 | 1.86 | 1.78 | 1.80 | 1.81 | 1.80 |
| Liabilities / Assets | 0.60 | 0.58 | 0.38 | 0.49 | 0.48 | 0.46 | 0.44 | 0.44 | 0.45 | 0.44 |
| Efficiency | ||||||||||
| Asset turnover | - | - | 0.20 | - | - | - | - | - | - | - |
| Inventory turnover | 1.03 | - | 1.25 | 2.26 | 2.03 | - | 2.54 | 2.34 | 3.38 | - |
| Days sales outstanding | - | - | 95d | - | - | - | - | - | - | - |
| Days inventory outstanding | 355d | - | 292d | 161d | 179d | - | 144d | 156d | 108d | - |
| Days payable outstanding | 192d | - | 149d | 153d | 190d | - | 146d | 142d | 156d | - |
| Cash conversion cycle | - | - | 238d | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | 155.6x | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -102.2% | - | - | - | - | - | -90.1% | -46.1% | -89.7% | - |
| Net income growth (YoY) | -93.7% | - | -5468.2% | - | - | - | - | -26.7% | -92.0% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | -54.1% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | -30.2% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | -21.4% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 23.0% | 33.3% | 45.6% | -5.1% | -4.6% | -1.8% | 2.6% | 8.6% | 10.5% | 19.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$536.62M totalMetallurgical Coal$536.62M · 100.0%
Peer comparison
Same SIC group: Silver Ores
Comparing Ramaco Resources against the 4 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months · -100.0% YoY
| Ex-date | Per share |
|---|---|
| Aug 30, 2024 | $0.1347 |
| May 31, 2024 | $0.1347 |
| Feb 29, 2024 | $0.1347 |
| Nov 30, 2023 | $0.1221 |
| Aug 31, 2023 | $0.1221 |
| May 31, 2023 | $0.1221 |
| Feb 28, 2023 | $0.1221 |
| Nov 30, 2022 | $0.1103 |
| Aug 31, 2022 | $0.1103 |
| May 31, 2022 | $0.1103 |
| Feb 28, 2022 | $0.1103 |