Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the METCI SEC filings page.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) reported $515.4M in revenue over the twelve months to Jun 30, 2026, down 17.7% from the prior twelve months. This page shows its 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).
Debt-funded balance-sheet expansion is occurring alongside margin compression and weakening cash conversion.
The key shift is financing, not operating recovery: FY2025 financing inflow reached$489.0M , broadly tracking$467.6M of long-term debt. Meanwhile, operating cash flow was only$2.0M while net income was-$51.4M , showing that accounting losses were accompanied by an almost complete loss of cash generation.
Margin pressure preceded the bottom-line loss: gross margin declined from
The balance sheet moved from near-zero leverage in FY2024 to 1.0x debt-to-equity in FY2025 as assets reached
Financial Health Signals
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 reported a net loss of $51.4M while generating $2.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 reported an operating loss of $56.0M against $7.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 generated $144.8M in revenue in Q2 2026. This represents a decrease of 5.3% from the same quarter a year earlier. Against the prior quarter it is up 19.1%.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030's EBITDA was -$1.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 145.0% from the same quarter a year earlier. Against the prior quarter it is up 81.3%.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 reported -$15.4M in net income in Q2 2026. This represents a decrease of 10.3% from the same quarter a year earlier. Against the prior quarter it is up 15.9%.
Not reported for Q2 2026.
Cash & Balance Sheet
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 held $282.5M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Ramaco Resources, Inc. 8.250% Senior Notes due 2030's gross margin was 11.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030's operating margin was -12.6% in Q2 2026, reflecting core business profitability. This is down 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.4 percentage points.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030's net profit margin was -10.7% in Q2 2026, showing the share of revenue converted to profit. This is down 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.
Ramaco Resources, Inc. 8.250% Senior Notes due 2030's ROE was -4.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.
Capital Allocation
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 spent $54.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 352.7%.
Not reported for Q2 2026.
Not reported for Q2 2026.
METCI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $144.8M-5.3% | $121.6M-9.7% | $128.0M-25.1% | $121.0M-27.7% | $153.0M-1.5% | $134.7M-22.0% | $170.9M-15.7% | $167.4M-10.5% |
| Cost of Revenue | $128.2M-4.5% | $108.5M-4.9% | $103.2M-24.1% | $101.8M-24.4% | $134.2M+9.3% | $114.1M-18.3% | $136.1M-2.4% | $134.7M-6.8% |
| Gross Profit | $16.6M-11.5% | $13.1M-36.2% | $24.8M-28.8% | $19.2M-41.4% | $18.8M-42.3% | $20.5M-37.7% | $34.8M-45.0% | $32.7M-22.8% |
| SG&A Expenses | $17.6M+15.8% | $20.3M+38.9% | $23.4M+106.4% | $16.1M+24.9% | $15.2M+39.3% | $14.6M+3.5% | $11.4M+0.4% | $12.9M+12.8% |
| Operating Income | -$18.2M-31.8% | -$24.3M-102.2% | -$15.6M-345.7% | -$14.5M-1008.5% | -$13.8M-355.7% | -$12.0M-467.1% | $6.4M-82.9% | $1.6M-90.1% |
| EBITDA | -$1.4M-145.0% | -$7.7M-239.3% | $876K-96.2% | $2.6M-86.6% | $3.2M-85.0% | $5.5M-70.2% | $23.1M-55.4% | $19.4M-36.4% |
| Interest Expense | -$1.5M+46.1% | -$334K+85.0% | -$5.0M+52.9% | $2.3M+32.7% | -$2.8M-290.3% | -$2.2M-267.4% | -$10.6M+34.3% | $1.7M-30.7% |
| Income Tax | -$4.2M-105.1% | -$5.8M-36.0% | -$1.1M-148.6% | -$3.3M-5508.2% | -$2.0M-321.9% | -$4.3M-894.4% | $2.2M-74.9% | $61K-98.9% |
| Net Income | -$15.4M-10.3% | -$18.3M-93.7% | -$14.7M-481.2% | -$13.3M-5468.2% | -$14.0M-352.2% | -$9.5M-565.4% | $3.9M-87.2% | -$239K-101.2% |
| EPS (Basic) | N/A | N/A | N/A | N/A | N/A | N/A | $0.06-90.3% | -$0.03-107.3% |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | $0.06-89.8% | -$0.03 |
Not reported in any period shown, so not listed: R&D Expenses, Diluted Shares (Avg).
METCI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.0B+51.9% | $1.1B+59.2% | $1.1B+69.1% | $849.7M+31.6% | $674.6M+2.3% | $685.7M+1.7% | $674.7M+1.3% | $645.4M-0.2% |
| Current Assets | $460.6M+197.4% | $542.7M+231.0% | $597.6M+256.5% | $328.7M+124.1% | $154.9M-3.6% | $164.0M-10.2% | $167.6M-11.7% | $146.7M-13.3% |
| Cash & Equivalents | $282.5M+904.4% | $355.2M+717.2% | $440.3M+1234.0% | $193.8M+747.8% | $28.1M+2.0% | $43.5M+42.5% | $33.0M-21.3% | $22.9M-46.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $100.4M+69.2% | $105.5M+88.1% | $87.2M+101.0% | $81.6M+53.8% | $59.3M+13.2% | $56.1M+36.0% | $43.4M+16.7% | $53.1M+5.6% |
| Accounts Receivable | $60.7M+8.6% | $66.3M+27.3% | $54.4M-26.1% | $43.6M-30.7% | $55.9M-19.6% | $52.1M-49.7% | $73.6M-24.0% | $62.9M-1.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $648.6M+98.2% | $654.6M+98.1% | $657.0M+110.7% | $322.7M+13.8% | $327.2M+11.6% | $330.5M+9.5% | $311.9M+5.3% | $283.6M-3.6% |
| Current Liabilities | $108.8M-4.3% | $111.2M-10.6% | $109.5M-10.6% | $110.6M+1.6% | $113.8M-5.8% | $124.4M-16.2% | $122.4M-28.0% | $108.8M-23.7% |
| Non-Current Liabilities | $539.8M+152.9% | $543.3M+163.6% | $547.5M+189.0% | $212.2M+21.4% | $213.4M+23.8% | $206.1M+34.5% | $189.5M+50.1% | $174.8M+15.3% |
| Long-Term Debt | N/A | N/A | $467.6M+820173.7% | $116.3M+169.6% | N/A | N/A | $57K-83.7% | $43.1M+26.3% |
| Total Equity | $376.1M+8.2% | $437.0M+23.0% | $483.6M+33.3% | $526.9M+45.6% | $347.4M-5.1% | $355.2M-4.6% | $362.8M-1.8% | $361.8M+2.6% |
| Retained Earnings | -$34.0M-204.6% | -$18.6M-138.5% | -$311K-100.4% | $17.1M-78.7% | $32.6M-63.4% | $48.4M-47.3% | $69.5M-24.4% | $80.2M+5.4% |
Not reported in any period shown, so not listed: Goodwill.
METCI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $12.2M+385.8% | -$34.6M-232.9% | -$18.4M-217.1% | -$1.4M-103.9% | -$4.3M-112.4% | $26.0M+3.4% | $15.7M-62.3% | $37.4M-46.5% |
| Depreciation & Amortization | $16.8M-1.3% | $16.6M-5.3% | $16.5M-1.3% | $17.1M-4.0% | $17.0M+7.3% | $17.5M+15.3% | $16.7M+16.0% | $17.8M+23.3% |
| Stock-Based Compensation | $5.9M+22.9% | $4.9M+46.0% | N/A | $4.7M+17.5% | $4.8M+4.3% | $3.4M-28.5% | N/A | $4.0M+25.0% |
| Investing Cash Flow | -$27.4M-94.1% | -$17.0M+23.5% | -$27.5M-116.1% | -$19.8M-9.2% | -$14.1M+33.9% | -$22.3M-19.2% | -$12.7M+11.9% | -$18.1M-30.1% |
| Financing Cash Flow | -$57.5M-2001.5% | -$33.5M-602.3% | $292.4M+3966.2% | $186.9M+879.9% | $3.0M+118.9% | $6.7M+137.1% | $7.2M+125.6% | -$24.0M+48.9% |
| Dividends Paid | N/A | N/A | $0-100.0% | $0-100.0% | $1.9M-77.2% | $2.5M-70.2% | $128K-98.4% | $8.0M+14.8% |
| Share Buybacks | $54.0M | $11.9M | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
METCI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.5%-0.8pp | 10.8%-4.5pp | 19.4%-1.0pp | 15.8%-3.7pp | 12.3%-8.7pp | 15.2%-3.8pp | 20.4%-10.9pp | 19.5%-3.1pp |
| Operating Margin | -12.6%-3.6pp | -20.0%-11.1pp | -12.2%-15.9pp | -12.0%-12.9pp | -9.0%-12.5pp | -8.9%-10.8pp | 3.7%-14.7pp | 0.9%-7.6pp |
| Net Margin | -10.7%-1.5pp | -15.1%-8.0pp | -11.5%-13.8pp | -11.0%-10.9pp | -9.1%-12.7pp | -7.0%-8.2pp | 2.3%-12.6pp | -0.1%-10.5pp |
| Return on Equity | -4.1%-0.1pp | -4.2%-1.5pp | -3.0%-4.1pp | -2.5%-2.5pp | -4.0%-5.5pp | -2.7%-3.2pp | 1.1%-7.1pp | -0.1%-5.6pp |
| Return on Assets | -1.5%+0.6pp | -1.7%-0.3pp | -1.3%-1.9pp | -1.6%-1.5pp | -2.1%-2.9pp | -1.4%-1.7pp | 0.6%-3.9pp | 0.0%-3.0pp |
| Current Ratio | 4.23+2.9x | 4.88+3.6x | 5.46+4.1x | 2.97+1.6x | 1.360.0x | 1.32+0.1x | 1.37+0.3x | 1.35+0.2x |
| Debt-to-Equity | 1.72+0.8x | 1.50+0.6x | 0.97+1.0x | 0.22+0.1x | 0.94+0.8x | 0.93+0.9x | 0.000.0x | 0.120.0x |
| Asset Turnover | 0.14-0.1x | 0.11-0.1x | 0.11-0.1x | 0.14-0.1x | 0.230.0x | 0.20-0.1x | 0.25-0.1x | 0.260.0x |
Not reported in any period shown, so not listed: FCF Margin.
Where Ramaco Resources, Inc. 8.250% Senior Notes due 2030 Ranks
Frequently Asked Questions
What is Ramaco Resources, Inc. 8.250% Senior Notes due 2030's annual revenue?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) 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 Resources, Inc. 8.250% Senior Notes due 2030's revenue growing?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) revenue declined by 19.5% year-over-year, from $666.3M to $536.6M in fiscal year 2025.
Is Ramaco Resources, Inc. 8.250% Senior Notes due 2030 profitable?
No, Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) reported a net income of -$51.4M in fiscal year 2025, with a net profit margin of -9.6%.
What is Ramaco Resources, Inc. 8.250% Senior Notes due 2030's EBITDA?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) had EBITDA of $12.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Ramaco Resources, Inc. 8.250% Senior Notes due 2030 have?
As of fiscal year 2025, Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) had $440.3M in cash and equivalents against $467.6M in long-term debt.
What is Ramaco Resources, Inc. 8.250% Senior Notes due 2030's gross margin?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) 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 Resources, Inc. 8.250% Senior Notes due 2030's operating margin?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) 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 Resources, Inc. 8.250% Senior Notes due 2030's net profit margin?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) 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 Resources, Inc. 8.250% Senior Notes due 2030's return on equity (ROE)?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) 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 Resources, Inc. 8.250% Senior Notes due 2030's operating cash flow?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) generated $2.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ramaco Resources, Inc. 8.250% Senior Notes due 2030's total assets?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Ramaco Resources, Inc. 8.250% Senior Notes due 2030's current ratio?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) had a current ratio of 5.46 as of fiscal year 2025, which is generally considered healthy.
What is Ramaco Resources, Inc. 8.250% Senior Notes due 2030's debt-to-equity ratio?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) 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 Resources, Inc. 8.250% Senior Notes due 2030's return on assets (ROA)?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) 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 Resources, Inc. 8.250% Senior Notes due 2030's Piotroski F-Score?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ramaco Resources, Inc. 8.250% Senior Notes due 2030's earnings high quality?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) reported a net loss of $51.4M while generating $2.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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 Resources, Inc. 8.250% Senior Notes due 2030 cover its interest payments?
Ramaco Resources, Inc. 8.250% Senior Notes due 2030 (METCI) reported an operating loss of $56.0M against $7.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.