Ramaco Resources, Inc. METC R2K

Basic Materials · Coking Coal · United States

Ramaco Resources, Inc. engages in the development, operation, and sale of metallurgical coal. The company's development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 88,850 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres located in southern West Virginia; and the Brook Mine property that covers an area of approximately 15,800 acres located in northeastern Wyoming. It serves blast furnace steel mills and coke plants in North America, as well as metallurgical coal consumers internationally. Ramaco Resources, Inc. was founded in 2015 and is based in Lexington, Kentucky.

Market & Price

Market Cap

$1.02B

Current Price

$15.61

High / Low (52W)

$54.55 / $8.84

Beta

1.22

Valuation

Stock P/E

Industry PE

24.80

Forward P/E

87.94

PEG Ratio

Book Value

$6.55

Price to Book

2.38

P/S

1.94

EV/EBITDA

1,492.09

Dividend Yield

1.76%

Profitability & Returns

ROCE

-5.27%

ROE

-15.22%

ROA

-4.80%

Profit Margin

-11.52%

Op Margin

-19.99%

EPS (Latest Qtr)

$-0.30

EPS (TTM)

$-1.10

Balance Sheet & Liquidity

Debt/Equity

1.07

Quick Ratio

3.79

Current Ratio

4.88

Debt

$468.83M

Total Assets

$1.14B

Current Assets

$597.61M

Working Capital

$488.11M

Ownership

Promoter Holding

10.07%

Chg in Prom Hold

FII / Inst Holding

91.95%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$1.13B

Total Revenue (TTM)

$523.58M

EBITDA

$758.00K

Free Cash Flow

$-97.77M

Operating Cash Flow

$-58.67M

Shares Outstanding

53.80M

Gross Margin

14.48%

Payout Ratio

500.00%

Growth (CAGR)

Revenue 5Y

-1.74%

Profit 5Y

-48.11%

Revenue (YoY)

-9.70%

Earnings (YoY)

PROS

No notable strengths flagged.

CONS

Revenue declined at -1.7% CAGR over 5 years.
Earnings shrank at -48.1% CAGR over 5 years.
Trading 71.4% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Basic Materials).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	METC Ramaco Resources, Inc. R2K	15.61	-	$1.02B	1.76%	-5.27%	-15.22%	-1.74%	-48.11%
2	LIN Linde plc NDXSPX	497.69	33.00	$230.11B	1.29%	13.07%	18.23%	0.62%	18.48%
3	NEM Newmont Corporation SPX	109.81	14.24	$117.23B	0.95%	22.51%	25.83%	23.91%	583.84%
4	FCX Freeport-McMoRan Inc. SPX	65.71	34.77	$94.46B	0.91%	12.93%	15.63%	4.39%	-14.02%
5	SHW The Sherwin-Williams Company SPX	303.84	29.16	$74.94B	1.05%	20.04%	60.72%	2.10%	8.34%
6	CRH CRH plc SPX	108.79	20.18	$72.69B	1.43%	11.33%	15.81%	4.60%	-1.15%
7	ECL Ecolab Inc. SPX	256.00	34.59	$72.05B	1.14%	14.89%	22.43%	4.26%	23.88%
8	APD Air Products and Chemicals, Inc. SPX	278.62	29.33	$62.04B	2.60%	-0.62%	12.35%	-1.77%	-39.16%
9	NUE Nucor Corporation SPX	250.00	24.80	$56.94B	0.90%	8.80%	12.29%	-7.84%	-38.80%

Quarterly Results

Figures in USD.

Metric	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	134.66M	152.96M	121.00M	128.01M	121.61M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	114.13M	134.18M	101.84M	107.06M	108.51M
Gross Profit	-	-	-	-	692.00K	-701.00K	-2.12M	2.64M	11.61M	17.42M	12.76M	9.23M	16.45M	22.54M	16.40M	12.35M	11.00M	6.24M	3.77M	2.40M	-	-	-	-	-	-	-	-	-	-	-	-	20.52M	18.78M	19.15M	20.94M	13.10M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32.55M	32.62M	33.64M	36.55M	37.40M
Operating Income	-3.83M	-603.33K	-1.48M	-1.61M	-3.18M	-3.71M	-6.34M	-2.66M	5.62M	10.65M	5.80M	2.02M	8.25M	12.89M	6.45M	1.94M	1.14M	-4.30M	-7.58M	-8.35M	1.24M	7.02M	8.77M	52.89M	42.69M	36.69M	31.87M	10.05M	16.08M	3.27M	5.42M	-	-12.02M	-13.84M	-14.48M	-15.61M	-24.30M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.52M	3.85M	2.61M	2.50M	-7.69M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.23M	2.82M	-	-	-
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13.75M	-16.00M	-16.61M	-15.78M	-24.15M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4.29M	-2.03M	-3.30M	-1.08M	-5.83M
Net Income	-3.83M	-612.80K	-1.53M	-1.54M	-3.09M	-3.49M	-6.24M	-2.60M	5.27M	10.20M	6.21M	3.39M	6.88M	10.61M	5.55M	1.89M	1.96M	2.65M	-4.78M	-4.75M	4.14M	9.94M	7.04M	41.47M	33.28M	26.91M	25.26M	7.56M	19.46M	2.03M	5.54M	-	-9.46M	-13.97M	-13.31M	-14.71M	-18.32M
Diluted EPS	-	-	-	-	-0.10	-0.09	-0.16	-0.07	0.13	0.25	0.15	0.08	0.17	0.26	0.14	0.05	0.05	0.06	-0.11	-0.11	0.10	0.23	0.16	0.92	0.74	0.60	0.57	0.14	0.40	0.00	0.08	-	-0.19	-0.29	-0.25	-0.26	-0.30

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	5.22M	61.04M	-	-	-	-	565.69M	693.52M	666.29M	536.62M
Cost of Revenue	-	-	-	-	-	-	-	332.96M	493.79M	533.29M	453.39M
Gross Profit	-	-	-	-	-	-	-	232.73M	199.73M	133.00M	83.23M
Operating Expenses	-	-	-	-	-	-	-	82.34M	104.49M	116.37M	139.19M
Operating Income	-2.33M	-7.53M	-15.89M	24.10M	29.53M	-19.09M	39.53M	150.39M	95.25M	16.64M	-55.96M
EBITDA	-	-	-	-	-	-	-	194.22M	167.82M	86.66M	13.82M
Interest Expense	-	-	-	-	-	-	-	6.83M	8.90M	6.12M	7.80M
Pretax Income	-	-	-	-	-	-	-	146.19M	104.66M	14.92M	-62.14M
Tax Provision	-	-	-	-	-	-	-	30.15M	22.35M	3.73M	-10.69M
Net Income	-2.34M	-7.51M	-15.42M	25.07M	24.93M	-4.91M	39.76M	116.04M	82.31M	11.19M	-51.45M
Diluted EPS	-	-	-0.41	0.62	0.61	-0.12	0.90	2.60	1.73	0.11	-0.99

Compounded Sales Growth

5 Years:	-1.74%
1 Year:	-9.70%

Compounded Profit Growth

5 Years:	-48.11%
1 Year:	-

Stock Price Performance

1 Year:	+72.68%
6 Months:	-3.04%
3 Months:	+3.10%
1 Month:	+7.29%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	119.21M	148.10M	188.24M	226.81M	228.62M	-	596.34M	665.84M	674.69M	1.14B
Current Assets	-	-	-	-	-	-	-	-	147.49M	189.74M	167.63M	597.61M
Cash & Equivalents	-	994.00K	5.20M	5.93M	6.95M	5.53M	5.30M	-	35.61M	41.96M	33.01M	440.35M
Inventory	-	-	-	-	-	-	-	-	44.97M	37.16M	43.36M	87.16M
Receivables	-	-	-	-	-	-	-	-	41.17M	96.87M	73.58M	54.35M
Total Liabilities	-	-	35.42M	34.70M	47.13M	56.73M	59.53M	-	287.14M	296.23M	311.88M	657.00M
Current Liabilities	-	-	15.36M	22.43M	29.84M	26.41M	29.11M	-	162.84M	169.99M	122.43M	109.50M
Long Term Debt	-	-	-	-	4.47M	9.61M	12.58M	-	51.59M	33.65M	88.19M	451.36M
Total Debt	-	-	-	-	-	-	-	-	138.11M	100.55M	102.29M	468.88M
Total Equity	-973.56K	6.66M	-4.99M	113.40M	141.11M	170.08M	169.09M	-	309.20M	369.61M	362.81M	483.57M
Shares Outstanding	-	-	-	-	-	-	-	-	44.16M	53.18M	53.77M	66.33M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	-1.92M	-3.86M	-8.47M	36.18M	42.38M	13.31M	-	187.87M	161.04M	112.67M	1.97M
Investing Cash Flow	-3.46M	-77.46M	-19.80M	-42.94M	-45.72M	-24.75M	-	-145.71M	-72.21M	-70.83M	-83.67M
Financing Cash Flow	6.37M	85.53M	29.29M	7.92M	2.83M	11.29M	-	-28.50M	-82.52M	-50.79M	489.04M
Capital Expenditure	-4.85M	-16.72M	-75.04M	-48.14M	-45.72M	-24.75M	-	-124.07M	-82.90M	-68.84M	-84.25M
Free Cash Flow	-6.77M	-20.58M	-83.51M	-11.95M	-3.34M	-11.44M	-	63.80M	78.13M	43.82M	-82.28M
Net Change in Cash	-	-	-	-	-	-	-	13.67M	6.31M	-8.96M	407.35M
Dividends Paid	-	-	-	-	-	-	-	20.04M	25.82M	24.60M	4.34M

Ratios (Annual)

Figures in %.

Metric	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	41.1%	28.8%	20.0%	15.5%
Operating Margin %	-	-144.4%	-26.0%	-	-	-	-	26.6%	13.7%	2.5%	-10.4%
Net Margin %	-	-144.1%	-25.3%	-	-	-	-	20.5%	11.9%	1.7%	-9.6%
ROE %	-35.1%	150.8%	-13.6%	17.8%	14.7%	-2.9%	-	37.5%	22.3%	3.1%	-10.6%
ROCE %	-	-7.3%	-12.6%	15.2%	14.7%	-9.6%	-	34.7%	19.2%	3.0%	-5.4%

Shareholding Pattern

Insiders

10.07%

Institutions

91.95%

Public Float

102.24%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Discovery Capital Management, LLC	10.24%	5.51M	$86.03M
2	Blackrock Inc.	7.65%	4.12M	$64.26M
3	Dayah Capital Llc	5.67%	3.05M	$47.61M
4	Yorktown Energy Partners XI, L.P.	5.54%	2.98M	$46.52M
5	State Street Corporation	5.33%	2.87M	$44.76M
6	Yorktown Energy Partners IX, L.P.	4.53%	2.44M	$38.05M
7	Two Sigma Investments, LP	3.75%	2.02M	$31.49M
8	Yorktown Energy Partners X, L.P.	3.66%	1.97M	$30.75M
9	Vanguard Capital Management LLC	3.50%	1.88M	$29.38M
10	Goldman Sachs Group Inc	3.39%	1.83M	$28.51M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for METC

No recent headlines available.

METC · Basic Materials