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Ramaco Resources, Inc. income statement

In fiscal 2025, Ramaco Resources, Inc. reported revenue of $537m, down 19.5% on the year before, operating income of −$56.0m (a -10.4% margin) and net income of −$51.4m, or −$0.99 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

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ramaco Resources, Inc.: income statement, annual
Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue561228169169283566694666537515
Cost of revenue—61177162146195333494533453446
Gross profit—151623882332001338370
Selling, general and administrative713141821224049496974
Operating income−8−162430−19401509517−56−73
Interest expense001113—−9−6−8−15
Income before tax−8−152530−84414610515−62−76
Income tax0005−3530224−11−14
Net income−8−152525−5401168211−51−62
Diluted EPS—−$0.41$0.61$0.60−$0.12$0.88$2.60$1.73$0.11−$0.99—
Diluted shares (average)—38m41m42m43m45m45m————
EBITDA−7−1337492661921498212−6

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ramaco Resources, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ramaco Resources, Inc.