Warrior MET Coal, Inc. income statement
In fiscal 2025, Warrior MET Coal, Inc. reported revenue of $1.31bn, down 14.1% on the year before, operating income of $45.7m (a 3.5% margin) and net income of $57.0m, or $1.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 298 | 1,169 | 1,378 | 1,268 | 783 | 1,059 | 1,739 | 1,677 | 1,525 | 1,310 | 1,681 |
| Cost of revenue | — | 593 | 717 | 721 | 625 | 554 | 711 | 910 | 1,007 | 982 | 1,141 |
| Gross profit | — | 577 | 661 | 548 | 158 | 505 | 1,028 | 766 | 518 | 328 | 540 |
| Selling, general and administrative | — | 36 | 37 | 37 | 33 | 36 | 49 | 52 | 63 | 66 | 73 |
| Operating income | — | 423 | 508 | 383 | −27 | 244 | 801 | 541 | 255 | 46 | 229 |
| Interest expense | — | — | — | — | — | — | 31 | 18 | 4 | 10 | 13 |
| Income before tax | — | 416 | 471 | 367 | −56 | 200 | 783 | 551 | 284 | 54 | 229 |
| Income tax | — | −39 | −226 | 65 | −20 | 49 | 142 | 73 | 33 | −3 | 9 |
| Net income | −50 | 455 | 697 | 302 | −36 | 151 | 641 | 479 | 251 | 57 | 219 |
| Diluted EPS | — | $8.62 | $13.17 | $5.86 | −$0.70 | $2.93 | $12.40 | $9.20 | $4.79 | $1.08 | $4.16 |
| Diluted shares (average) | — | 53m | 53m | 51m | 51m | 51m | 52m | 52m | 52m | 53m | 53m |
| EBITDA | — | 499 | 605 | 481 | 91 | 385 | 917 | 669 | 409 | 234 | 440 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 328 | 297 | 300 | 298 | 329 | 384 | 459 | 510 |
| Cost of revenue | 232 | 229 | 246 | 226 | 240 | 271 | 290 | 340 |
| Gross profit | 96 | 69 | 54 | 71 | 89 | 113 | 168 | 170 |
| Selling, general and administrative | 12 | 17 | 18 | 12 | 17 | 18 | 28 | 10 |
| Operating income | 39 | −4 | −17 | 8 | 21 | 35 | 79 | 95 |
| Interest expense | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 6 |
| Income before tax | 46 | 2 | −14 | 10 | 23 | 36 | 79 | 91 |
| Income tax | 5 | 1 | −6 | 4 | −14 | 13 | 6 | 4 |
| Net income | 42 | 1 | −8 | 6 | 37 | 23 | 72 | 87 |
| Diluted EPS | $0.80 | $0.01 | −$0.16 | $0.11 | $0.70 | $0.43 | $1.37 | $1.65 |
| EBITDA | 76 | 35 | 28 | 51 | 64 | 91 | 132 | 153 |
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