Saturday 10 October 2026 Export all METCB data to Excel Powerpack

Ramaco Resources, Inc.

Ramaco Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $536.6 million, down 19.5% from fiscal 2024. In the quarter to June 2026, revenue fell 5.33%, EPS grew 10.3%, free cash flow grew 22.9% and total debt rose 265.6%, each against the same quarter a year earlier.

4.46 0.14 −3.04%

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Market cap: $682.3M
P/E: 0.0×
Fwd P/E: —
Dividend yield: 0.00%
F-score: 3/9
Altman Z: 1.44
Beneish M: −3.21
Dividend safety: 16/100

Overview Business Profile Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 89.38%

Capital & Financial Ratios $m

Market Cap 682.34

Revenue 515.42

Net Income (61.75)

Free Cash Flow (115.91)

Net Debt 178.44

Current Ratio 4.23

Debt/Equity 1.23

P/E ratio 0.00

Fwd P/E —

P/S ratio 0.56

P/B ratio 0.77

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 1.68%

10-year low 10-year high

P/B against its own 10 years 0.84%

10-year low 10-year high

EV/Sales against its own 10 years 40.14%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2025	0.37	0.19 0.18
2024	0.93	0.24 0.23 0.22 0.23
2023	0.41	0.16 0.25

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	42	33	440	283
Receivables	97	74	54	61
Inventory	37	43	87	100
Other	—	—	—	—
	190	168	598	461

	2023	2024	2025	Q'26
Payables	52	49	42	50
ST’ Debt	57	0	0	—
Other	0	1	2	1
	170	122	110	109

Compound Annual Growth %

	10y	5y	3y
Sales	—	26.01%	(1.74%)
Cash Flow	0.00%	(31.77%)	(78.12%)
Earnings	0.00%	0.00%	0.00%
Book Value	53.50%	23.39%	16.08%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	122	145	—	—	—
’25	135	153	121	128	537
’24	173	155	167	171	666
’23	166	137	187	203	694
’22	155	139	137	135	566
’21	43	76	76	88	283
’20	42	36	39	51	169

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(35)	12	—	—	—
’25	26	(4)	(1)	(18)	2
’24	25	34	37	16	113
’23	21	28	70	42	161
’22	77	32	49	29	188
’21	0	32	5	16	53
’20	6	0	(6)	12	13

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(52)	(15)	—	—	—
’25	6	(19)	(18)	(31)	(63)
’24	6	13	21	4	44
’23	(2)	4	53	24	78
’22	58	(2)	12	(3)	65
’21	(3)	28	(4)	4	24
’20	(2)	(9)	(8)	8	(11)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.30)	(0.26)	—	—	—
’25	(0.20)	(0.29)	(0.25)	(0.26)	(0.99)
’24	0.04	0.08	(0.03)	0.06	0.11
’23	0.57	0.17	0.40	0.47	1.59
’22	0.92	0.74	0.60	0.33	2.60
’21	0.10	0.23	0.16	0.42	0.90
’20	0.05	0.06	(0.11)	(0.11)	(0.12)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	8.02	8.86	5.80	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	18.69	13.15	21.59
People
People	Employees	31	268	349	395	349	454	725	811	984	900
	Revenue/emp, $m	0.17	0.23	0.65	0.58	0.48	0.62	0.78	0.86	0.68	0.60
Income, $m
Income, $m	Revenue	5	61	228	230	169	283	566	694	666	537
	Gross margin, %	15.70	0.84	22.42	29.43	13.86	31.05	41.14	28.80	19.96	15.51
	EBT	(8)	(15)	25	30	(8)	44	146	105	15	(62)
	EBT margin, %	(144.09)	(25.26)	11.07	13.07	(4.97)	15.67	25.84	15.09	2.24	(11.58)
	Net income	(8)	(15)	25	25	(5)	40	116	82	11	(51)
	Depreciation	0	3	13	20	21	26	42	55	67	71
Per share, $
Per share, $	Revenue	0.00	1.62	5.68	5.64	3.98	6.45	12.81	13.72	12.93	9.15
	Earnings	—	(0.41)	0.63	0.61	(0.12)	0.90	2.63	1.63	0.11	(0.99)
	Cash flow	0.00	(0.23)	0.90	1.04	0.31	1.21	4.25	3.19	2.19	0.03
	Capex	0.00	(2.00)	(1.20)	(1.12)	(0.58)	(0.67)	(2.79)	(1.64)	(1.34)	(1.10)
	Free cash flow	0.00	(2.23)	(0.30)	(0.08)	(0.27)	0.54	1.47	1.55	0.85	(1.07)
	Book value	0.00	3.02	3.52	4.16	3.98	4.80	7.00	7.31	7.04	8.25
	Shares, m	—	38	40	41	42	44	44	51	52	59
Valuation, ×
Valuation, ×	P/E	4.18	4.18	4.18	4.18	4.18	4.18	4.18	7.44	53.54	0.00
	P/S	0.72	0.72	0.72	0.72	0.72	0.72	0.72	0.90	0.74	1.25
	P/B	1.24	1.24	1.24	1.24	1.24	1.24	1.24	1.68	1.36	1.39
	EV/Sales	0.91	0.91	0.91	0.91	0.91	0.91	0.91	0.97	0.83	1.29
	EV/FCF	103.74	103.74	103.74	103.74	103.74	103.74	103.74	8.64	12.66	(11.10)
Cash, $m
Cash, $m	Operating cash flow	(4)	(9)	36	42	13	53	188	161	113	2
	Capex	(17)	(75)	(48)	(46)	(25)	(29)	(123)	(83)	(69)	(64)
	Free cash flow	(21)	(84)	(12)	(3)	(11)	24	65	78	44	(63)
Balance, $m
Balance, $m	Working capital	48	7	5	18	13	40	(15)	20	45	488
	Total debt	11	—	9	13	17	48	132	95	96	462
	Net debt	(50)	(11)	3	7	12	26	97	53	63	21
	Shareholders’ equity	(5)	113	141	170	169	211	309	370	363	484
Returns, %
Returns, %	ROA	(10.77)	(11.54)	14.91	12.01	(2.15)	14.26	25.08	12.05	0.73	(5.28)
	ROIC	0.00	(9.71)	10.49	10.40	(6.58)	10.42	23.17	14.08	2.44	(6.93)
	ROE	0.00	(28.44)	19.70	16.02	(2.89)	20.92	44.61	22.41	1.34	(11.32)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
HCC Warrior Met Coal	$4.7B	22.4×	15.4×	+71.31% (above 0%: growing)	+1,400.00% (above 0%: growing)	+376.32% (above 0%: growing)	31.90%	18.54%	Compare
AMR Alpha Metallurgical Resources, Inc.	$2.2B	— (loss-making)	56.5×	−10.43% (below 0%: shrinking)	n/m	−128.43% (below 0%: shrinking)	9.98%	(2.13%)	Compare
SXC SunCoke Energy, Inc.	$827.5M	— (loss-making)	42.2×	+9.49% (above 0%: growing)	+650.00% (above 0%: growing)	−979.59% (below 0%: shrinking)	21.12%	6.10%	Compare
METCB Ramaco Resources, Inc.	$682.3M	— (loss-making)	—	−5.33% (below 0%: shrinking)	n/m	+22.91% (above 0%: growing)	11.48%	(12.60%)
METC Ramaco Resources, Inc.	$495.0M	— (loss-making)	— (loss-making)	−5.33% (below 0%: shrinking)	n/m	+22.91% (above 0%: growing)	11.48%	(12.60%)	Compare
AREC American Resources Corporation	$176.5M	2.4×	— (loss-making)	+84.87% (above 0%: growing)	n/m	−100.92% (below 0%: shrinking)	(341.28%)	(10,650.55%)	Compare
Median of peers	$827.5M	—	42.2×	+9.49%	—	−100.92%	11.48%	(2.13%)

All 6 Coking Coal stocks →

Ramaco Resources, Inc. (METCB) key facts

Concern: Ramaco Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $536.6 million, down 19.5% from fiscal 2024.
Ramaco Resources, Inc. (METCB) is a Coking Coal company in the Basic Materials sector, listed on Nasdaq.
As of October 9, 2026, METCB traded at $4.46, a market capitalization of $682.3 million.
Return on equity was −11.3% and debt-to-equity 1.23.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 1.44 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.