What is Ramaco Res Inc's earnings per share (EPS)?

Ramaco Res Inc (METC) reported diluted earnings per share of $-0.99 for fiscal year 2025. This represents a -1000.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Ramaco Res Inc Financials

METC

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Ramaco Res Inc (METC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 37/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Ramaco Res Inc has an operating margin of -10.4%, meaning the company retains $-10 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 2.5% the prior year.

Growth

Ramaco Res Inc's revenue declined 19.5% year-over-year, from $666.3M to $536.6M. This contraction results in a growth score of 1/100.

Leverage

Ramaco Res Inc carries a low D/E ratio of 0.97, meaning only $0.97 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 82/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 5.46, Ramaco Res Inc holds $5.46 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Returns

Ramaco Res Inc generates a -10.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 3.1% the prior year.

Piotroski F-Score Weak

3/9

Ramaco Res Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-0.04x

For every $1 of reported earnings, Ramaco Res Inc generates $-0.04 in operating cash flow ($2.0M OCF vs -$51.4M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-7.2x

Ramaco Res Inc earns $-7.2 in operating income for every $1 of interest expense (-$56.0M vs $7.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$536.6M

YoY-19.5%

5Y CAGR+26.0%

Ramaco Res Inc generated $536.6M in revenue in fiscal year 2025. This represents a decrease of 19.5% from the prior year.

EBITDA

$12.2M

YoY-85.2%

5Y CAGR+46.3%

Ramaco Res Inc's EBITDA was $12.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 85.2% from the prior year.

Net Income

-$51.4M

YoY-559.7%

Ramaco Res Inc reported -$51.4M in net income in fiscal year 2025. This represents a decrease of 559.7% from the prior year.

EPS (Diluted)

$-0.99

YoY-1000.0%

Ramaco Res Inc earned $-0.99 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1000.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$440.3M

YoY+1234.0%

5Y CAGR+142.0%

10Y CAGR+83.9%

Ramaco Res Inc held $440.3M in cash against $467.6M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

15.5%

YoY-4.5pp

5Y CAGR+1.6pp

Ramaco Res Inc's gross margin was 15.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 4.5 percentage points from the prior year.

Operating Margin

-10.4%

YoY-12.9pp

5Y CAGR+0.9pp

Ramaco Res Inc's operating margin was -10.4% in fiscal year 2025, reflecting core business profitability. This is down 12.9 percentage points from the prior year.

Net Margin

-9.6%

YoY-11.3pp

5Y CAGR-6.7pp

Ramaco Res Inc's net profit margin was -9.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 11.3 percentage points from the prior year.

Return on Equity

-10.6%

YoY-13.7pp

5Y CAGR-7.7pp

10Y CAGR+24.4pp

Ramaco Res Inc's ROE was -10.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 13.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

METC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$536.6M-19.5%	$666.3M-3.9%	$693.5M+22.6%	$565.7M+99.6%	$283.4M+67.8%	$168.9M
Cost of Revenue	$453.4M-15.0%	$533.3M+8.0%	$493.8M+48.3%	$333.0M+70.4%	$195.4M+34.3%	$145.5M
Gross Profit	$83.2M-37.4%	$133.0M-33.4%	$199.7M-14.2%	$232.7M+164.5%	$88.0M+275.8%	$23.4M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$69.4M+40.7%	$49.3M+0.9%	$48.8M+22.0%	$40.0M+85.1%	$21.6M+2.9%	$21.0M
Operating Income	-$56.0M-436.4%	$16.6M-82.5%	$95.2M-36.7%	$150.4M+280.4%	$39.5M+307.1%	-$19.1M
Interest Expense	-$7.8M-27.5%	-$6.1M+31.2%	-$8.9M	N/A	$2.6M+108.8%	$1.2M
Income Tax	-$10.7M-386.9%	$3.7M-83.3%	$22.4M-25.9%	$30.2M+548.9%	$4.6M+233.4%	-$3.5M
Net Income	-$51.4M-559.7%	$11.2M-86.4%	$82.3M-29.1%	$116.0M+191.9%	$39.8M+910.3%	-$4.9M
EPS (Diluted)	$-0.99-1000.0%	$0.11-93.6%	$1.73-33.5%	$2.60+188.9%	$0.90+850.0%	$-0.12

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$128.0M+5.8%	$121.0M-20.9%	$153.0M+13.6%	$134.7M-21.2%	$170.9M+2.1%	$167.4M+7.8%	$155.3M-10.1%	$172.7M
Cost of Revenue	$103.2M+1.4%	$101.8M-24.1%	$134.2M+17.6%	$114.1M-16.1%	$136.1M+1.0%	$134.7M+9.7%	$122.8M-12.1%	$139.7M
Gross Profit	$24.8M+29.3%	$19.2M+2.0%	$18.8M-8.5%	$20.5M-41.0%	$34.8M+6.5%	$32.7M+0.4%	$32.5M-1.3%	$33.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$23.4M+45.2%	$16.1M+6.3%	$15.2M+4.0%	$14.6M+28.6%	$11.4M-12.1%	$12.9M+18.6%	$10.9M-22.8%	$14.1M
Operating Income	-$15.6M-7.8%	-$14.5M-4.6%	-$13.8M-15.2%	-$12.0M-289.3%	$6.4M+298.5%	$1.6M-70.6%	$5.4M+65.3%	$3.3M
Interest Expense	N/A	$2.3M	N/A	N/A	N/A	$1.7M	N/A	N/A
Income Tax	-$1.1M+67.4%	-$3.3M-62.5%	-$2.0M+52.7%	-$4.3M-293.9%	$2.2M+3526.2%	$61K-93.3%	$915K+69.4%	$540K
Net Income	-$14.7M-10.5%	-$13.3M+4.8%	-$14.0M-47.8%	-$9.5M-345.1%	$3.9M+1714.2%	-$239K-104.3%	$5.5M+172.7%	$2.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	$-0.03-137.5%	$0.08	$0.00

METC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.1B+69.1%	$674.7M+1.3%	$665.8M+11.7%	$596.3M+81.2%	$329.0M+43.9%	$228.6M
Current Assets	$597.6M+256.5%	$167.6M-11.7%	$189.7M+28.6%	$147.5M+70.0%	$86.8M+104.1%	$42.5M
Cash & Equivalents	$440.3M+1234.0%	$33.0M-21.3%	$42.0M+17.8%	$35.6M+62.7%	$21.9M+313.0%	$5.3M
Inventory	$87.2M+101.0%	$43.4M+16.7%	$37.2M-17.4%	$45.0M+184.8%	$15.8M+32.2%	$11.9M
Accounts Receivable	$54.4M-26.1%	$73.6M-24.0%	$96.9M+135.3%	$41.2M-7.4%	$44.5M+119.0%	$20.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$657.0M+110.7%	$311.9M+5.3%	$296.2M+3.2%	$287.1M+143.4%	$118.0M+98.2%	$59.5M
Current Liabilities	$109.5M-10.6%	$122.4M-28.0%	$170.0M+4.4%	$162.8M+249.0%	$46.7M+60.3%	$29.1M
Long-Term Debt	$467.6M+820173.7%	$57K-83.7%	$349K-98.1%	$18.8M+461.8%	$3.3M-73.5%	$12.6M
Total Equity	$483.6M+33.3%	$362.8M-1.8%	$369.6M+19.5%	$309.2M+46.5%	$211.1M+24.8%	$169.1M
Retained Earnings	-$311K-100.4%	$69.5M-24.4%	$91.9M-34.3%	$140.0M+197.5%	$47.1M+379.8%	$9.8M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$1.1B+34.2%	$849.7M+25.9%	$674.6M-1.6%	$685.7M+1.6%	$674.7M+4.5%	$645.4M-2.1%	$659.2M-2.2%	$674.0M
Current Assets	$597.6M+81.8%	$328.7M+112.2%	$154.9M-5.5%	$164.0M-2.2%	$167.6M+14.3%	$146.7M-8.7%	$160.6M-12.0%	$182.6M
Cash & Equivalents	$440.3M+127.2%	$193.8M+589.1%	$28.1M-35.3%	$43.5M+31.7%	$33.0M+44.4%	$22.9M-17.1%	$27.6M-9.6%	$30.5M
Inventory	$87.2M+6.8%	$81.6M+37.5%	$59.3M+5.7%	$56.1M+29.4%	$43.4M-18.3%	$53.1M+1.3%	$52.4M+26.9%	$41.3M
Accounts Receivable	$54.4M+24.6%	$43.6M-22.0%	$55.9M+7.3%	$52.1M-29.2%	$73.6M+17.0%	$62.9M-9.6%	$69.6M-32.8%	$103.5M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$657.0M+103.6%	$322.7M-1.4%	$327.2M-1.0%	$330.5M+6.0%	$311.9M+10.0%	$283.6M-3.3%	$293.1M-2.9%	$301.7M
Current Liabilities	$109.5M-1.0%	$110.6M-2.8%	$113.8M-8.5%	$124.4M+1.6%	$122.4M+12.5%	$108.8M-9.9%	$120.8M-18.7%	$148.5M
Long-Term Debt	$467.6M+302.0%	$116.3M	N/A	N/A	$57K-99.9%	$43.1M+2.3%	$42.2M+70.4%	$24.7M
Total Equity	$483.6M-8.2%	$526.9M+51.7%	$347.4M-2.2%	$355.2M-2.1%	$362.8M+0.3%	$361.8M-1.2%	$366.1M-1.6%	$372.3M
Retained Earnings	-$311K-101.8%	$17.1M-47.5%	$32.6M-32.7%	$48.4M-30.4%	$69.5M-13.3%	$80.2M-9.7%	$88.9M-3.2%	$91.8M

METC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$2.0M-98.3%	$112.7M-30.0%	$161.0M-14.3%	$187.9M+252.2%	$53.3M+300.7%	$13.3M
Capital Expenditures	N/A	N/A	$82.9M-32.6%	$123.0M+317.5%	$29.5M+19.0%	$24.8M
Free Cash Flow	N/A	N/A	$78.1M+20.5%	$64.9M+171.7%	$23.9M+308.7%	-$11.4M
Investing Cash Flow	-$83.7M-18.1%	-$70.8M+1.9%	-$72.2M+50.4%	-$145.7M-144.4%	-$59.6M-140.8%	-$24.8M
Financing Cash Flow	$489.0M+1062.9%	-$50.8M+38.5%	-$82.5M-189.6%	-$28.5M-227.4%	$22.4M+98.2%	$11.3M
Dividends Paid	$4.3M-82.4%	$24.6M-4.7%	$25.8M+28.8%	$20.0M+0.2%	$20.0M	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	-$18.4M-1174.7%	-$1.4M+66.2%	-$4.3M-116.4%	$26.0M+66.0%	$15.7M-58.0%	$37.4M+8.6%	$34.4M+36.6%	$25.2M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$18.7M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$6.5M
Investing Cash Flow	-$27.5M-39.1%	-$19.8M-40.4%	-$14.1M+36.7%	-$22.3M-74.8%	-$12.7M+29.7%	-$18.1M+15.0%	-$21.3M-14.2%	-$18.7M
Financing Cash Flow	$292.4M+56.4%	$186.9M+6084.1%	$3.0M-54.7%	$6.7M-7.2%	$7.2M+130.0%	-$24.0M-49.5%	-$16.0M+10.9%	-$18.0M
Dividends Paid	$0	$0-100.0%	$1.9M-24.7%	$2.5M+1834.4%	$128K-98.4%	$8.0M-2.6%	$8.2M-1.6%	$8.3M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

METC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	15.5%-4.5pp	20.0%-8.8pp	28.8%-12.3pp	41.1%+10.1pp	31.1%+17.2pp	13.9%
Operating Margin	-10.4%-12.9pp	2.5%-11.2pp	13.7%-12.8pp	26.6%+12.6pp	14.0%+25.3pp	-11.3%
Net Margin	-9.6%-11.3pp	1.7%-10.2pp	11.9%-8.6pp	20.5%+6.5pp	14.0%+16.9pp	-2.9%
Return on Equity	-10.6%-13.7pp	3.1%-19.2pp	22.3%-15.3pp	37.5%+18.7pp	18.8%+21.7pp	-2.9%
Return on Assets	-4.5%-6.2pp	1.7%-10.7pp	12.4%-7.1pp	19.5%+7.4pp	12.1%+14.2pp	-2.1%
Current Ratio	5.46+4.1	1.37+0.3	1.12+0.2	0.91-1.0	1.86+0.4	1.46
Debt-to-Equity	0.97+1.0	0.000.0	0.00-0.1	0.06+0.0	0.02-0.1	0.07
FCF Margin	N/A	N/A	11.3%-0.2pp	11.5%+3.0pp	8.4%+15.2pp	-6.8%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	19.4%+3.5pp	15.8%+3.5pp	12.3%-3.0pp	15.2%-5.1pp	20.4%+0.8pp	19.5%-1.4pp	20.9%+1.9pp	19.1%
Operating Margin	-12.2%-0.2pp	-12.0%-2.9pp	-9.0%-0.1pp	-8.9%-12.7pp	3.7%+2.8pp	0.9%-2.5pp	3.5%+1.6pp	1.9%
Net Margin	-11.5%-0.5pp	-11.0%-1.9pp	-9.1%-2.1pp	-7.0%-9.3pp	2.3%+2.4pp	-0.1%-3.7pp	3.6%+2.4pp	1.2%
Return on Equity	-3.0%-0.5pp	-2.5%+1.5pp	-4.0%-1.4pp	-2.7%-3.7pp	1.1%+1.1pp	-0.1%-1.6pp	1.5%+1.0pp	0.5%
Return on Assets	-1.3%+0.3pp	-1.6%+0.5pp	-2.1%-0.7pp	-1.4%-1.9pp	0.6%+0.6pp	-0.0%-0.9pp	0.8%+0.5pp	0.3%
Current Ratio	5.46+2.5	2.97+1.6	1.36+0.0	1.32-0.1	1.37+0.0	1.35+0.0	1.33+0.1	1.23
Debt-to-Equity	0.97+0.7	0.22-0.7	0.94+0.0	0.93+0.9	0.00-0.1	0.120.0	0.12+0.0	0.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	3.7%

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Frequently Asked Questions

What is Ramaco Res Inc's annual revenue?

Ramaco Res Inc (METC) reported $536.6M in total revenue for fiscal year 2025. This represents a -19.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Ramaco Res Inc's revenue growing?

Ramaco Res Inc (METC) revenue declined by 19.5% year-over-year, from $666.3M to $536.6M in fiscal year 2025.

Is Ramaco Res Inc profitable?

No, Ramaco Res Inc (METC) reported a net income of -$51.4M in fiscal year 2025, with a net profit margin of -9.6%.

What is Ramaco Res Inc's EBITDA?

Ramaco Res Inc (METC) had EBITDA of $12.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Ramaco Res Inc have?

As of fiscal year 2025, Ramaco Res Inc (METC) had $440.3M in cash and equivalents against $467.6M in long-term debt.

What is Ramaco Res Inc's gross margin?

Ramaco Res Inc (METC) had a gross margin of 15.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Ramaco Res Inc's operating margin?

Ramaco Res Inc (METC) had an operating margin of -10.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Ramaco Res Inc's net profit margin?

Ramaco Res Inc (METC) had a net profit margin of -9.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Ramaco Res Inc's return on equity (ROE)?

Ramaco Res Inc (METC) has a return on equity of -10.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Ramaco Res Inc's operating cash flow?

Ramaco Res Inc (METC) generated $2.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Ramaco Res Inc's total assets?

Ramaco Res Inc (METC) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What is Ramaco Res Inc's current ratio?

Ramaco Res Inc (METC) had a current ratio of 5.46 as of fiscal year 2025, which is generally considered healthy.

What is Ramaco Res Inc's debt-to-equity ratio?

Ramaco Res Inc (METC) had a debt-to-equity ratio of 0.97 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ramaco Res Inc's return on assets (ROA)?

Ramaco Res Inc (METC) had a return on assets of -4.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Ramaco Res Inc's Piotroski F-Score?

Ramaco Res Inc (METC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Ramaco Res Inc's earnings high quality?

Ramaco Res Inc (METC) has an earnings quality ratio of -0.04x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Ramaco Res Inc cover its interest payments?

Ramaco Res Inc (METC) has an interest coverage ratio of -7.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Ramaco Res Inc?

Ramaco Res Inc (METC) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.