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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | $453.39M | $533.29M | $493.79M | $332.96M | $195.41M | $145.50M |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $69.36M | $49.29M | $48.83M | $40.03M | $21.63M | $21.02M |
| Total Operating Expenses | $592.57M | $649.66M | $598.28M | $415.30M | $243.86M | $188.01M |
| D&A | $68.16M | $65.61M | $54.25M | $41.19M | $26.20M | $20.91M |
| Operating Income | ($55.96M) | $16.64M | $95.25M | $150.39M | $39.53M | ($19.09M) |
| Interest Expense | ($6.12M) | - | - | - | $2.56M | $1.22M |
| Income Tax | ($10.69M) | $3.73M | $22.35M | $30.15M | $4.65M | ($3.48M) |
| Net Income | ($51.45M) | $11.19M | $82.31M | $116.04M | $39.76M | ($4.91M) |
| EPS - Basic | ($0.99) | $0.11 | $1.73 | $2.57 | $0.88 | ($0.12) |
| EPS - Diluted | ($0.99) | $0.11 | $1.69 | $2.54 | $0.88 | ($0.12) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $440.35M | $33.01M | $41.96M | $35.61M | $21.89M | $5.30M |
| Accounts Receivable | $54.35M | $73.58M | $96.87M | $41.17M | $44.45M | $20.30M |
| Inventory | $87.16M | $43.36M | $37.16M | $44.97M | $15.79M | $11.95M |
| Accounts Payable | $41.60M | $48.85M | $51.62M | $34.83M | $15.35M | $11.74M |
| Current Assets | $597.61M | $167.63M | $189.74M | $147.49M | $86.76M | $42.50M |
| Total Assets | $1.14B | $674.69M | $665.84M | $596.34M | $329.03M | $228.62M |
| Current Liabilities | $109.50M | $122.43M | $169.99M | $162.84M | $46.66M | $29.11M |
| Long-term Debt | $467.56M | $57.0K | $349.0K | $18.76M | $3.34M | $12.58M |
| Total Liabilities | $657.00M | $311.88M | $296.23M | $287.14M | $117.96M | $59.53M |
| Stockholders' Equity | $483.57M | $362.81M | $369.61M | $309.20M | $211.07M | $169.09M |
| Retained Earnings | ($311.0K) | $69.53M | $91.94M | $140.04M | $47.07M | $9.81M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.97M | $112.67M | $161.04M | $187.87M | $53.34M | $13.31M |
| Investing Cash Flow | ($83.67M) | ($70.83M) | ($72.21M) | ($145.71M) | ($59.61M) | ($24.75M) |
| Financing Cash Flow | $489.04M | ($50.79M) | ($82.52M) | ($28.50M) | $22.37M | $11.29M |
| CapEx | - | - | $82.90M | $123.01M | $29.47M | $24.75M |
| Free Cash Flow | - | - | $78.13M | $64.86M | $23.87M | ($11.44M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | 0.95 | 0.56 | 0.60 | 2.33 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | 25.0% | 21.4% | 20.6% | 10.5% | - |
| Return on assets | -4.5% | 1.7% | 12.4% | 19.5% | 12.1% | -2.1% |
| Return on equity | -10.6% | 3.1% | 22.3% | 37.5% | 18.8% | -2.9% |
| Return on invested capital | -4.6% | 3.4% | 20.2% | 36.4% | 16.5% | -8.3% |
| Liquidity | ||||||
| Current ratio | 5.46 | 1.37 | 1.12 | 0.91 | 1.86 | 1.46 |
| Quick ratio | 4.66 | 1.02 | 0.90 | 0.63 | 1.52 | 1.05 |
| Cash ratio | 4.02 | 0.27 | 0.25 | 0.22 | 0.47 | 0.18 |
| Leverage | ||||||
| Debt / Equity | 0.97 | 0.00 | 0.00 | 0.06 | 0.02 | 0.07 |
| Debt / Assets | 0.41 | 0.00 | 0.00 | 0.03 | 0.01 | 0.06 |
| Debt / EBITDA | 38.33 | 0.00 | 0.00 | 0.10 | 0.05 | 6.91 |
| Interest coverage | 9.1x | - | - | - | 15.5x | -15.6x |
| Equity multiplier | 2.36 | 1.86 | 1.80 | 1.93 | 1.56 | 1.35 |
| Liabilities / Assets | 0.58 | 0.46 | 0.44 | 0.48 | 0.36 | 0.26 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | 5.20 | 12.30 | 13.29 | 7.40 | 12.37 | 12.18 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 70d | 30d | 27d | 49d | 29d | 30d |
| Days payable outstanding | 33d | 33d | 38d | 38d | 29d | 29d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | 92.0x | 9.9x | 3.4x | 15.1x | - |
| P / B | - | - | - | 1.2x | 2.8x | 0.7x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | 1.9x | 8.7x | 69.6x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -82.5% | -36.7% | 280.4% | - | - |
| Net income growth (YoY) | - | -86.4% | -29.1% | 191.9% | - | - |
| EPS growth (YoY) | - | -93.5% | -33.5% | 188.9% | - | - |
| EPS CAGR (3y) | - | -50.0% | - | 60.9% | - | - |
| EPS CAGR (5y) | - | -29.0% | - | - | - | - |
| FCF growth (YoY) | - | - | 20.5% | 171.7% | - | -242.5% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 33.3% | -1.8% | 19.5% | 46.5% | 24.8% | -0.6% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- -No share dilution
- -Gross margin improved
- -Asset turnover improved
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 |