Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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 METCZ SEC filings page.
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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).
The dominant mechanic is debt-backed balance-sheet expansion replacing operating cash generation as margins deteriorate.
FY2025 paired a net loss of-$51.4M with operating cash flow of$2.0M , showing a breakdown in earnings-to-cash conversion rather than merely lower reported profit. Debt-to-equity reached 1.0x alongside financing cash flow of$489M , indicating that the enlarged balance sheet was funded externally while operations supplied little cash.
Revenue contracted
Total assets expanded
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ramaco Resources, Inc. 8.375% Senior Notes due 2029's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 has an operating margin of -10.4%, meaning the company loses $10 on every $100 of revenue. This results in a profitability score of 30/100. This is down from 2.5% the prior year.
Ramaco Resources, Inc. 8.375% Senior Notes due 2029's revenue declined 19.5% year-over-year, from $666.3M to $536.6M. This contraction results in a growth score of 8/100.
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 has elevated debt relative to equity (D/E of 0.97), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 29/100, reflecting increased financial risk.
With a current ratio of 5.46, Ramaco Resources, Inc. 8.375% Senior Notes due 2029 holds $5.46 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 93/100.
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 posts a -10.6% return on equity (ROE), meaning it loses $11 for every $100 of shareholders' equity. This results in a returns score of 36/100. This is down from 3.1% the prior year.
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 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. 8.375% Senior Notes due 2029 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. 8.375% Senior Notes due 2029 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. 8.375% Senior Notes due 2029 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. 8.375% Senior Notes due 2029'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. 8.375% Senior Notes due 2029 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. 8.375% Senior Notes due 2029 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. 8.375% Senior Notes due 2029'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. 8.375% Senior Notes due 2029'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. 8.375% Senior Notes due 2029'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. 8.375% Senior Notes due 2029'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. 8.375% Senior Notes due 2029 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.
METCZ 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).
METCZ 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.
METCZ 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.
METCZ 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. 8.375% Senior Notes due 2029 Ranks
Frequently Asked Questions
What is Ramaco Resources, Inc. 8.375% Senior Notes due 2029's annual revenue?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029's revenue growing?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) revenue declined by 19.5% year-over-year, from $666.3M to $536.6M in fiscal year 2025.
Is Ramaco Resources, Inc. 8.375% Senior Notes due 2029 profitable?
No, Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) reported a net income of -$51.4M in fiscal year 2025, with a net profit margin of -9.6%.
What is Ramaco Resources, Inc. 8.375% Senior Notes due 2029's EBITDA?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) had EBITDA of $12.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Ramaco Resources, Inc. 8.375% Senior Notes due 2029 have?
As of fiscal year 2025, Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) had $440.3M in cash and equivalents against $467.6M in long-term debt.
What is Ramaco Resources, Inc. 8.375% Senior Notes due 2029's gross margin?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029's operating margin?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029's net profit margin?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029's return on equity (ROE)?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029's operating cash flow?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) generated $2.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ramaco Resources, Inc. 8.375% Senior Notes due 2029's total assets?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Ramaco Resources, Inc. 8.375% Senior Notes due 2029's current ratio?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) had a current ratio of 5.46 as of fiscal year 2025, which is generally considered healthy.
What is Ramaco Resources, Inc. 8.375% Senior Notes due 2029's debt-to-equity ratio?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029's return on assets (ROA)?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029's Piotroski F-Score?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029's earnings high quality?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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. 8.375% Senior Notes due 2029 cover its interest payments?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) 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.
How financially healthy is Ramaco Resources, Inc. 8.375% Senior Notes due 2029?
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.