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Ramaco Resources

METC and METCB

Ramaco Resources is a dual-platform energy and critical minerals company focused on the development and operation of high-quality, low-cost metallurgical coal assets.

Market cap
$664.21M-38.8%
Revenue$523.6M-16.7%
Net income-$60.3M-20,205%
Free cash flow-$118.6M-390%
EPS (diluted)-$0.72-213%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$133.7M
EPS estimate-$0.23

Financials

Q1 2026

Income statement

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Revenue$121.6M-9.7%
Gross profit$13.1M-36.2%
Operating income-$24.3M-102%
Net income-$18.3M-93.7%
EPS (diluted)-$0.30-57.9%

Balance sheet

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Cash & equivalents$355.2M+717%
Total debt$16.8M-19.5%
Total equity$437.0M+23.0%
Total assets$1.1B+59.2%

Cash flow

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Operating cash flow-$34.6M-233%
CapEx$17.5M-13.9%
Free cash flow-$52.1M-1,010%

Valuation & ratios

Valuation

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Market cap$664.21M-38.8%
Enterprise value$325.78M-72.2%
P/S1.3×-0.6×

Profitability

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Gross margin13.7%-5.4pp
Operating margin-13%-13.2pp
Net margin-11.5%-11.6pp
FCF margin-22.7%-29.2pp

Returns & leverage

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Return on equity-15.2%-15.3pp
Debt / equity0.0×
Current ratio4.9×+3.6×

Segments

By segment

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Metallurgical Coal$121.6M-9.7%
Ree Critical Minerals-

Competitors

Profile

Ramaco Resources is a dual-platform energy and critical minerals company focused on the development and operation of high-quality, low-cost metallurgical coal assets. The company operates a portfolio of mining complexes in the Central Appalachian region to supply the global steel industry while simultaneously developing rare earth element and critical mineral resources in Wyoming. Its core value proposition centers on advantaged geology that enables industry-leading production costs for essential steelmaking inputs and advanced carbon products.

Competitive position

A low-cost producer in the Central Appalachian region with a significant reserve base and a strategic pivot toward critical minerals and rare earth elements.

GeographiesUnited States, West Virginia, Virginia, Wyoming
Customer segmentsSteel Manufacturers, Industrial Producers
Business modelExtraction and Processing, Commodity Production
SuppliersMining equipment manufacturers, Mineral rights lessors, Energy and fuel providers, Labor services
CustomersSteel producers, Coke manufacturers, Advanced carbon material researchers
Listed2017
Employees811.0
CEORandall W. Atkins
SectorEnergy
IndustryCoal
FilingsSEC EDGAR

Questions, answered.

What is Ramaco Resources's market cap?
Ramaco Resources (METC) has a market capitalization of $664.2M and trades on NASDAQ.
What is Ramaco Resources's revenue and profitability?
Ramaco Resources generated $523.6M in trailing twelve-month revenue with a net loss of $60.3M, representing a net margin of -11.5%. Gross margin stands at 13.7%, with free cash flow of -$118.6M. These figures are based on the Q1 2026 filing.
Who are Ramaco Resources's competitors?
Ramaco Resources's key competitors include Alpha Metallurgical Resources, Inc., Warrior Met Coal, Inc., Natural Resource Partners L.P., and others. These companies compete in similar markets and product categories.
What subsidiaries does Ramaco Resources have?
Ramaco Resources's subsidiaries include Ramaco Central Appalachia, LLC.
Where is Ramaco Resources headquartered?
Ramaco Resources is headquartered in United States of America and employs approximately 811 people. It has been publicly traded since 2017.