TMC the metals company Inc.

TMC Basic Materials Other Industrial Metals & Mining

In the quarter to June 2026, EPS grew 30.0% and free cash flow fell 88.0%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.

2.58 0.09 −3.37%
Market cap
$1.2B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 2.38
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — 1 — — —
Sell 1 — — — 1 — — 1 — — — —
Insider Ownership 47.16%

Capital & Financial Ratios $m

Market Cap 1,180.00
Revenue —
Net Income (305.64)
Free Cash Flow (43.75)
Net Debt (98.65)
Current Ratio 1.93 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E —
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 56.43% (at or above 15%: strong)
Next Y EPS Growth 35.02% (at or above 15%: strong)
Next Y revenue growth —
Next 5Y EPS Growth 38.83% (at or above 15%: strong)

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

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 7 3 118 99
Receivables 2 2 3 3
Inventory — — — —
Other — — — —
9 5 121 101
2023 2024 2025 Q'26
Payables 31 43 46 52
ST’ Debt — 12 — —
Other — — 13 1
31 55 59 53

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (20) — — —
’25 (9) (11) (11) (11) (43)
’24 (12) (12) (6) (14) (43)
’23 (23) (8) (13) (15) (60)
’22 (16) (23) (9) (20) (67)
’21 (10) (8) (10) (28) (56)
’20 0 0 (21) (5) (27)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (20) — — —
’25 (9) (11) (12) (11) (43)
’24 (12) (13) (6) (14) (44)
’23 (23) (8) (13) (16) (60)
’22 (16) (23) (9) (20) (68)
’21 (10) (8) (10) (28) (56)
’20 0 0 (21) (5) (27)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — (0.08) —
’24 (0.08) (0.06) — (0.05) —
’23 (0.05) (0.05) (0.04) (0.11) —
’22 (0.09) (0.05) (0.12) (0.41) (0.71)
’21 (0.29) (0.15) (0.18) (0.09) (0.69)
’20 (0.01) 0.00 (0.04) (0.27) (0.32)
Fiscal quarters ending in the months shown.
value withheld pending a data check

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 1.66 0.51 0.65 0.72 1.02

Analyst estimates 2026–2028

Powerpack
High — — — — — 15.39 3.34 3.20 2.07 11.35
People
People Employees — — — — 3 31 39 46 47 48
Revenue/emp, $m — — — — 0.00 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue — — — — — — — — — —
Gross margin, % — — — — 0.00 0.00 0.00 — — —
EBT — — — 0 (57) (141) (171) (74) (82) (320)
EBT margin, % — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net income — 0 — 0 (57) (141) (171) (74) (82) (320)
Depreciation — — — 0 1 0 0 0 0 0
Per share, $
Per share, $ Revenue — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings — — — 0.00 (0.32) (0.69) (0.71) (0.26) (0.25) (0.83)
Cash flow — — — 0.00 (0.15) (0.27) (0.28) (0.21) (0.13) (0.11)
Capex — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Free cash flow — — — 0.00 (0.15) (0.28) (0.28) (0.21) (0.14) (0.11)
Book value — — — 0.00 0.20 0.45 0.17 0.04 (0.05) (0.09)
Shares, m — — — 9 179 205 240 289 322 385
Valuation, ×
Valuation, × P/E — — — — — — — — — —
P/S — — — — — — — — — —
P/B — — — — — — — — — —
EV/Sales — — — — — — — — — —
EV/FCF — — — — — — — — — —
Cash, $m
Cash, $m Operating cash flow — — — 0 (27) (56) (67) (60) (43) (43)
Capex — — — 0 (1) 0 (1) (1) (1) 0
Free cash flow — — — 0 (27) (56) (68) (60) (44) (43)
Balance, $m
Balance, $m Working capital — — — 0 2 62 8 (23) (49) 61
Total debt — — — — — — — — 12 —
Net debt — — — — (10) (85) (47) (7) 8 (118)
Shareholders’ equity — — — 0 36 93 42 11 (17) (33)
Returns, %
Returns, % ROA — — — (15.05) (206.67) (150.47) (150.03) (90.16) (124.26) (261.49)
ROIC — — — (35.16) (135.25) (1,186.76) 0.00 (1,109.99) 0.00 0.00
ROE — — — (0.05) (317.08) (220.00) (254.68) (281.48) 2,643.32 1,265.18
Negative figures in brackets.

All 10 years →

Charts ten years each

TMC the metals company Inc. vs peers in Other Industrial Metals & Mining (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NEXA Nexa Resources S.A. $1.7B 6.0× 4.4× +28.16% (above 0%: growing) +5,100.00% (above 0%: growing) +28.53% (above 0%: growing) 28.32% 19.31% Compare
USAS Americas Gold and Silver Corporation $1.3B — (loss-making) — +72.05% (above 0%: growing) n/m −209.58% (below 0%: shrinking) 47.97% 10.95% Compare
TMC TMC the metals company Inc. $1.2B — (loss-making) — — n/m −87.95% (below 0%: shrinking) 0.00% 0.00%
VZLA Vizsla Silver Corp. $1.2B — (loss-making) — — n/m +10.03% (above 0%: growing) 0.00% 0.00% Compare
CRML Critical Metals Corp. $1.0B — (loss-making) — — 0.00% 0.00% — — Compare
SGML Sigma Lithium Corporation $989.5M — (loss-making) 18.7× +223.90% (above 0%: growing) n/m +405.47% (above 0%: growing) 59.98% 13.84% Compare
EMAT Evolution Metals & Technologies Corp. $965.9M — (loss-making) — — n/m −607.00% (below 0%: shrinking) (7.03%) (744.93%) Compare
CMP Compass Minerals International, Inc. $948.4M 51.8× 39.5× +0.33% (above 0%: growing) n/m −179.91% (below 0%: shrinking) 17.60% 5.06% Compare
LAC Lithium Americas Corp. $810.5M — (loss-making) — — n/m −26.94% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $1.0B — 18.7× +50.11% — −13.47% 17.60% 5.06%

All 46 Other Industrial Metals & Mining stocks →

TMC the metals company Inc. (TMC) key facts

  • TMC the metals company Inc. (TMC) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on Nasdaq.
  • As of October 16, 2026, TMC traded at $2.58, a market capitalization of $1.2 billion.
  • Return on equity was 1,265.2% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

TMC the metals company Inc. (TMC) Latest News

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