Ramaco Resources financials
$8.38−6.68%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $536.6M | $666.3M | $693.5M | $565.7M | $283.4M | $168.9M | $230.2M | $227.6M | $61.0M |
| Gross profit | $83.2M | $133.0M | $199.7M | $232.7M | $88.0M | $23.4M | $67.7M | $51.0M | $515.0K |
| Gross margin | 15.5% | 20.0% | 28.8% | 41.1% | 31.0% | 13.9% | 29.4% | 22.4% | 0.8% |
| Operating income | -$56.0M | $16.6M | $95.2M | $150.4M | $39.5M | -$19.1M | $29.5M | $24.1M | -$15.9M |
| Net income | -$47.9M | $4.9M | $44.7M | $116.0M | $39.8M | -$4.9M | $24.9M | $25.1M | -$15.4M |
| Net margin | −8.9% | 0.7% | 6.4% | 20.5% | 14.0% | −2.9% | 10.8% | 11.0% | −25.3% |
| Diluted EPS | $-0.99 | $0.11 | $1.03 | $2.43 | $0.84 | $-0.11 | $0.57 | $0.58 | $-0.38 |
| EBITDA | $12.2M | $82.3M | $149.5M | $191.6M | $65.7M | $1.8M | $49.1M | $36.5M | -$12.7M |
| Operating cash flow | $2.0M | $112.7M | $161.0M | $187.9M | $53.3M | $13.3M | $42.4M | $36.2M | -$8.5M |
| Free cash flow | -$79.4M | $57.4M | $78.1M | $64.9M | $23.9M | -$11.4M | -$3.3M | -$12.0M | -$83.5M |
| Diluted shares | 48.2M | 44.6M | 43.2M | 47.8M | 47.3M | 45.4M | 43.6M | 43.0M | 40.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $440.3M | $33.0M | $42.0M | $35.6M | $21.9M | $5.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $468.9M | $102.3M | $100.5M | $98.1M | $51.4M | $17.4M |
| Total assets | $1.14B | $674.7M | $665.8M | $596.3M | $329.0M | $228.6M |
| Total liabilities | $657.0M | $311.9M | $296.2M | $287.1M | $118.0M | $59.5M |
| Shareholders' equity | $483.6M | $362.8M | $369.6M | $309.2M | $211.1M | $169.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology