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Ramaco Resources vs Nacco Industries

Ramaco Resources is the larger business, with $537m of revenue in fiscal 2025 against $277m for Nacco Industries (1.9 times as much). Nacco Industries grew faster (16.6% against -19.5%). Nacco Industries kept more of each dollar of sales as profit: a net margin of 6.3% against -9.6%.

Latest fiscal yearRamaco ResourcesMETC, 2025Nacco IndustriesNC, 2025
Revenue $537m $277m
Revenue growth -19.5% 16.6%
Net income −$51.4m $17.6m
Operating margin -10.4% —
Net margin -9.6% 6.3%
Return on equity -12.2% 4.2%
Free cash flow −$60.8m $2.3m
Cash $440m $49.7m
Total debt $468m $101m
Debt to equity 96.7% —
Dividend per share — $0.98
Dividend yield 1.3% 2.9%
Share buybacks — $2.5m
Employees 900 —
Market value $345m $262m
Price vs our value range — Below our value range
Moat score 26 (Weak) 38 (Weak)
Insider trades, 12 months 0 buys, 112 sales 0 buys, 5 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.