Ramaco Resources Inc Class A (METC) financials
Ramaco Resources revenue and earnings by year
Ramaco Resources's revenue was $537 million in the fiscal year to December 31, 2025, down 19.5% from the year before. Net income was -$51.4 million, -9.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 67.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 537 | 666 | 694 | 566 | 283 | 169 | 230 | 228 | 61 | 5 |
| Revenue growth | -19.5% | -3.9% | 22.6% | 99.6% | 67.8% | -26.6% | 1.2% | 272.9% | 1070.2% | — |
| Gross profit | 83 | 133 | 200 | 233 | 88 | 23 | 68 | 51 | 1 | 1 |
| Gross margin | 15.5% | 20.0% | 28.8% | 41.1% | 31.0% | 13.9% | 29.4% | 22.4% | 0.8% | 15.7% |
| Operating income | -56 | 17 | 95 | 150 | 40 | -19 | 30 | 24 | -16 | -8 |
| Operating margin | -10.4% | 2.5% | 13.7% | 26.6% | 13.9% | -11.3% | 12.8% | 10.6% | -26.0% | -144.4% |
| Net income | -51 | 11 | 82 | 116 | 40 | -5 | 25 | 25 | -15 | -8 |
| Net margin | -9.6% | 1.7% | 11.9% | 20.5% | 14.0% | -2.9% | 10.8% | 11.0% | -25.3% | -144.1% |
| Diluted EPS | — | $0.10 | — | $2.38 | $0.82 | -$0.10 | $0.57 | $0.56 | -$0.38 | — |
| Free cash flow | -81 | 44 | 78 | 67 | 24 | -11 | -3 | -12 | -84 | -21 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open METC in Markets.
How Ramaco Resources makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Export Coal Revenues | $104M | 72.1% |
| Domestic Coal Revenues | $40.4M | 27.9% |
See also: METC valuation and P/E history · METC returns
No forecast, no recommendation. This page describes Ramaco Resources Inc Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.