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Ramaco Resources, Inc. logo

Ramaco Resources, Inc.

METC

NASDAQEnergyCoal

Open in GoAI

Regular session

$12.2044

+$0.3044 · +2.56%

Aug 24, 11:18 AM ET

METC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

2

Overpriced

Momentum

20

Strong Down

Sentiment

60

Mixed

Risk resilience

32

High Risk

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Thesis, catalysts, evidence, and risk analysis.

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Company profile

Company website

Ramaco Resources, Inc. primarily focuses on the mining and commercialization of metallurgical coal. The company possesses a substantial portfolio of development properties, including the Elk Creek project in southern West Virginia, which spans approximately 20,200 acres of controlled mineral and incorporates 16 distinct coal seams. Additionally, its holdings comprise the Berwind property, an approximately 41,300-acre site of controlled mineral with Squire Jim seam deposits, located on the border between West Virginia and Virginia. Further assets include the Knox Creek property, a vast 62,100-acre controlled mineral tract in Virginia, and the RAM Mine property, encompassing around 1,570 controlled acres in southwestern Pennsylvania. Ramaco provides its products to blast furnace steel manufacturers and coke production facilities throughout the United States, as well as to international consumers of metallurgical coal. The enterprise was established in 2015 and has its corporate headquarters in Lexington, Kentucky.

Industry
Coal
Sector
Energy
Headquarters
US
CEO
Randall W. Atkins
Listed since
Feb 3, 2017
Employees
900

Market position

Day range

Current $12.2044

52-week range

Current $12.2044

Open
$11.83
Previous close
$11.90
Volume
738.56K
0.44× average
Average volume
1.69M
Average daily volume
Market cap
656.66M USD
Beta
1.22
Market reference 1
50-day average
$11.8626
+2.88% above average
200-day average
$15.6569
-22.05% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
924.47M USD
P/E (TTM)
-10.34×
P/B (TTM)
1.92×
P/S (TTM)
1.27×
EV / EBITDA
59.7×
Earnings yield
-5.74%
Free cash flow yield
-6.79%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
4.29%
Operating margin
-13.61%
Net margin
-11.98%
Return on equity
-10.64%
Return on assets
-4.51%
Return on invested capital
-4.46%

Financial health

Debt / equity
1.25×
Current ratio
5.46×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%20%3%-15%Gross margin, FY2021: 21.58%Gross margin, FY2022: 33.66%Gross margin, FY2023: 20.77%Gross margin, FY2024: 9.89%Gross margin, FY2025: 2.50%Operating margin, FY2021: 13.95%Operating margin, FY2022: 26.58%Operating margin, FY2023: 13.73%Operating margin, FY2024: 2.50%Operating margin, FY2025: -10.43%Net margin, FY2021: 14.03%Net margin, FY2022: 20.51%Net margin, FY2023: 11.87%Net margin, FY2024: 1.68%Net margin, FY2025: -9.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.58%. Gross margin FY2022 33.66%. Gross margin FY2023 20.77%. Gross margin FY2024 9.89%. Gross margin FY2025 2.50%. Operating margin FY2021 13.95%. Operating margin FY2022 26.58%. Operating margin FY2023 13.73%. Operating margin FY2024 2.50%. Operating margin FY2025 -10.43%. Net margin FY2021 14.03%. Net margin FY2022 20.51%. Net margin FY2023 11.87%. Net margin FY2024 1.68%. Net margin FY2025 -9.59%.

Income trends

Revenue

536.62M USD-19.46%

Operating income

−55.96M USD−72.59M USD

Net income

−51.45M USD−62.64M USD
Income trends across reported periods768.47M USD468.68M USD168.89M USD−130.9M USDRevenue, FY2021: 283.39M USDRevenue, FY2022: 565.69M USDRevenue, FY2023: 693.52M USDRevenue, FY2024: 666.3M USDRevenue, FY2025: 536.62M USDOperating income, FY2021: 39.53M USDOperating income, FY2022: 150.39M USDOperating income, FY2023: 95.25M USDOperating income, FY2024: 16.64M USDOperating income, FY2025: −55.96M USDNet income, FY2021: 39.76M USDNet income, FY2022: 116.04M USDNet income, FY2023: 82.31M USDNet income, FY2024: 11.19M USDNet income, FY2025: −51.45M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 283.39M USD. Revenue FY2022 565.69M USD. Revenue FY2023 693.52M USD. Revenue FY2024 666.3M USD. Revenue FY2025 536.62M USD. Operating income FY2021 39.53M USD. Operating income FY2022 150.39M USD. Operating income FY2023 95.25M USD. Operating income FY2024 16.64M USD. Operating income FY2025 −55.96M USD. Net income FY2021 39.76M USD. Net income FY2022 116.04M USD. Net income FY2023 82.31M USD. Net income FY2024 11.19M USD. Net income FY2025 −51.45M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue536.62M USD666.3M USD693.52M USD565.69M USD283.39M USD
Cost of goods sold523.21M USD600.37M USD549.45M USD375.27M USD222.23M USD
Gross profit13.41M USD65.92M USD144.08M USD190.42M USD61.16M USD
Selling, general, and administrative69.36M USD49.29M USD48.83M USD40.03M USD21.63M USD
Operating expenses69.36M USD49.29M USD48.83M USD40.03M USD21.63M USD
Interest expense7.8M USD6.12M USD8.9M USD6.83M USD2.56M USD
Depreciation and amortization69.82M USD67.08M USD55.66M USD42.31M USD26.82M USD
Operating income−55.96M USD16.64M USD95.25M USD150.39M USD39.53M USD
Net income−51.45M USD11.19M USD82.31M USD116.04M USD39.76M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
+80.46%
11 comparable reports
Latest EPS result
-0.26
Estimate -0.26 · Miss by 0.15%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.1-0.06-0.21-0.37Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual 0.06, estimate -0.11, surprise +154.55%, Beat. Q2 2025, reported May 12, 2025: actual -0.19, estimate -0.29, surprise +34.48%, Beat. Q3 2025, reported Jul 31, 2025: actual -0.29, estimate -0.22, surprise -31.82%, Miss. Q4 2025, reported Oct 27, 2025: actual -0.25, estimate -0.33, surprise +24.24%, Beat. Q1 2026, reported Feb 25, 2026: actual -0.26, estimate -0.24, surprise -8.33%, Miss. Q2 2026, reported May 11, 2026: actual -0.3, estimate -0.22, surprise -36.36%, Miss. Q3 2026, reported Aug 5, 2026: actual -0.26, estimate -0.26, surprise -0.15%, Miss. Q4 2026, reported Oct 26, 2026: actual —, estimate -0.217, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates177.73M156.54M135.35M114.16MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 10, 2025: actual 170.89M USD, estimate 166.59M USD, surprise +2.58%, Beat. Q2 2025, reported May 12, 2025: actual 134.66M USD, estimate 134.07M USD, surprise +0.44%, Beat. Q3 2025, reported Jul 31, 2025: actual 152.96M USD, estimate 138.8M USD, surprise +10.20%, Beat. Q4 2025, reported Oct 27, 2025: actual 121M USD, estimate 143.48M USD, surprise -15.67%, Miss. Q1 2026, reported Feb 25, 2026: actual 128.01M USD, estimate 143.02M USD, surprise -10.49%, Miss. Q2 2026, reported May 11, 2026: actual 121.61M USD, estimate 129.72M USD, surprise -6.25%, Miss. Q3 2026, reported Aug 5, 2026: actual 144.8M USD, estimate 133.11M USD, surprise +8.78%, Beat. Q4 2026, reported Oct 26, 2026: actual —, estimate 139.78M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

7 institutions
BMO CapitalmaintainMarket Perform

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ETFs holding METC

Funds reporting this stock among their holdings, ordered by reported position size.

State Street SPDR S&P Metals & Mining ETF logoState Street SPDR S&P Metals & Mining ETFXME
Market value
23.42M
Weight
0.51%
AUM
4.58B USD
Expense ratio
0.35%
Price / 1D
$118.35-0.83%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
13.41M
Weight
0.02%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.31-0.55%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
11.9M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.75-0.40%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
4.75M
Weight
0.03%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$383.65-0.96%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
3.72M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.65-0.77%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
2.47M
Weight
0.01%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.425-1.18%
Dimensional - US Small Cap ETF logoDimensional - US Small Cap ETFDFAS
Market value
2.34M
Weight
0.01%
AUM
15.92B USD
Expense ratio
0.26%
Price / 1D
$82.645-0.45%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
2.25M
Weight
0.01%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$120.6-0.54%

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