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Hallador Energy HNRG Coal Operations — Margin Before General And Administrative Expense

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Other financials

Income statement

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Revenue$101.8M-13.5%
Gross profit$26.5M-51.7%
Operating income-$5.7M-141%
Net income-$9.3M-193%
EPS (diluted)-$0.20-187%

Balance sheet

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Cash & equivalents$36.8M+434%
Total debt$6.2M-65.5%
Total equity$205.6M+78.2%
Total assets$448.6M+22.5%

Cash flow

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Operating cash flow$20.5M-46.7%
CapEx$7.7M-34.3%
Free cash flow$12.8M-52.1%

Valuation

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Market cap$855.42M+29.9%
Enterprise value$824.84M+23.2%
P/E37.5×
P/S1.9×+0.3×

Profitability

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Gross margin23.9%-5.8pp
Operating margin9.1%+5.0pp
Net margin5%+2.6pp
FCF margin9.2%+6.9pp

Returns & leverage

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Return on equity14.2%+7.5pp
Debt / equity-0.1×
Current ratio0.8×+0.2×

Where this comes from

Reported directly by Hallador Energy in its filing.

Tagged under the XBRL concept hnrg:MarginBeforeGeneralAndAdministrativeExpense.

The official record: Hallador Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hallador Energy's coal operations — margin before general and administrative expense?
Hallador Energy (HNRG) reported coal operations — margin before general and administrative expense of $3.15M in Q1 2026.
How has Hallador Energy's coal operations — margin before general and administrative expense changed year-over-year?
Hallador Energy's coal operations — margin before general and administrative expense decreased by 60.6% year-over-year, from $8M to $3.15M.
What is the long-term trend for Hallador Energy's coal operations — margin before general and administrative expense?
Over 2 years (2023 to 2025), Hallador Energy's coal operations — margin before general and administrative expense has grown at a -51.3% compound annual growth rate (CAGR), from $121.85M to $28.84M.
What does coal operations — margin before general and administrative expense mean?
Calculated as segment revenue minus direct operating costs, excluding corporate overhead allocations. This metric measures the core operational profitability and efficiency of the coal mining activities before considering centralized administrative burdens.