Ramaco Resources, Inc. (METC)
Ramaco Resources, Inc. brought in $544.5M of revenue over the twelve months to September 30, 2026, down 6.0% from a year earlier. It posted a net loss of $66.7M. In fiscal 2025 capital spending exceeded operating cash flow by $60.8M. At September 30, 2026 it held $233M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 3, 2026.
Key facts about Ramaco Resources, Inc.
- Net worth
- Ramaco Resources, Inc. has a market value (market cap) of $432.3M at the latest share price, and shareholders' equity of $363M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $536.6M (-19.5% year on year), with a net loss of $51.4M. Over the 12 months to September 30, 2026: revenue $544.5M, net loss $66.7M.
- Cash flow
- In fiscal 2025 operations brought in $2M of cash; after $62.8M of capital spending, free cash flow was -$60.8M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 3, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Ramaco Resources, Inc.'s next report is expected around January 27, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Ramaco Resources, Inc. does
Ramaco Resources, Inc. is registered with the SEC under industry code SIC 1220 (Silver Ores). Its shares trade on NASDAQ under the ticker METC.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $536.6M | -$51.4M | -$0.99 | -$60.8M |
| 2024 | $666.3M | $11.2M | $0.11 | $57.4M |
| 2023 | $693.5M | $82.3M | $1.73 | $78.1M |
| 2022 | $565.7M | $116M | $2.60 | $64.9M |
| 2021 | $283.4M | $39.8M | $0.90 | $23.9M |
| 2020 | $168.9M | -$4.9M | -$0.12 | -$11.4M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where METC ranks in Energy
Dividends
It paid out $4.3M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $4.3M | n/a |
| 2024 | n/a | $24.6M | 220% |
| 2023 | n/a | $25.8M | 31% |
| 2022 | n/a | $20M | 17% |
| 2021 | $0.06 | $20M | 50% |
Latest SEC filings
What Ramaco Resources, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 3, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 24% to $150.1M versus the same quarter last year; net loss of $18.2M.
- November 3, 2026
- September 28, 2026Other event 8-K
- September 16, 2026
- September 14, 2026
- September 10, 2026
- September 4, 2026
- August 20, 2026
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 5.3% to $144.8M versus the same quarter last year; net loss of $15.4M.
Insider trades
What the people running Ramaco Resources, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 9 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 2, 2026 | Lawrence Bryan H.Director | Other changeindirect | 1,000,000 | - |
| September 2, 2026 | Lawrence Bryan H.Director | Other change | 88,135 | - |
| September 2, 2026 | Leidel Peter ADirector | Other changeindirect | 1,000,000 | - |
| September 2, 2026 | Leidel Peter ADirector | Other change | 46,777 | - |
| August 27, 2026 | Atkins Randall WhittakerCHIEF EXECUTIVE OFFICER, Director | Gave as a gift | 500,000 | - |
| August 25, 2026 | Leidel Peter ADirector | Other changeindirect | 1,000,000 | - |
| August 25, 2026 | Leidel Peter ADirector | Other change | 8,571 | - |
| August 25, 2026 | Lawrence Bryan H.Director | Other changeindirect | 1,000,000 | - |
Who owns METC
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Yorktown Energy Partners IX, L.P.13D, may seek influence with 8 related filers | 12.38% | December 11, 2023 |
| Yorktown Energy Partners XI, L.P.13D, may seek influence with 8 related filers | 11.21% | April 1, 2026 |
| Discovery Capital Management, LLC13G, passive with 2 related filers | 9.9% | November 13, 2025 |
| Dayah Capital LLC13G, passive with 3 related filers | 9.7% | August 14, 2026 |
| First Eagle Investment Management, LLC13G, passive | 5.1% | May 13, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 215 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Discovery Capital Management, LLC / CT | 5,440,290 | -198,475 |
| BlackRock, Inc. | 4,920,838 | +703,765 |
| Yorktown Energy Partners XI, L.P. | 4,245,559 | +14,978 |
| State Street Corp | 3,120,117 | +221,865 |
| Dayah Capital LLC | 2,542,408 | -507,592 |
| Yorktown Energy Partners X, L.P. | 2,806,157 | +9,900 |
| Yorktown Energy Partners IX, L.P. | 2,685,983 | -985,222 |
| Vanguard Capital Management LLC | 2,098,643 | -110,930 |
| Goldman Sachs Group Inc | 1,720,670 | -127,137 |
| Jpmorgan Chase & Co | 1,519,125 | +483,101 |
| Dimensional Fund Advisors LP | 1,455,950 | -45,923 |
| Wells Fargo & Company | 1,317,172 | +298,261 |
| Morgan Stanley | 1,401,601 | +544,242 |
| Geode Capital Management, LLC | 1,285,080 | +128,902 |
| Two Sigma Investments, LP | 1,050,280 | -966,747 |
| UBS Group AG | 1,018,171 | +126,361 |
| Foursixthree Capital LP | 851,760 | +40,000 |
| First Eagle Investment Management, LLC | 1,224,116 | +678,933 |
| CenterBook Partners LP | 728,470 | +497,627 |
| Citigroup Inc | 561,748 | -35,616 |
Insiders
22 insiders reported holding 17,771,354 shares in total, about $121.2M at the last price.
| Holder | Shares |
|---|---|
| Discovery Capital Management, LLC / Ct10% owner | 4,811,3604,811,360 held indirectly |
| Lawrence Bryan H.Director | 2,456,0672,202,378 held indirectly |
| Leidel Peter ADirector | 2,353,9132,202,378 held indirectly |
| Yorktown XI Associates LLC10% owner | 1,232,7321,232,732 held indirectly |
| Yorktown Energy Partners XI, L.P.10% owner | 1,232,732 |
| Yorktown Energy Partners IX, L.P.10% owner | 1,216,317 |
| Yorktown IX Associates LLC10% owner | 1,216,3171,216,317 held indirectly |
| Atkins Randall WhittakerCHIEF EXECUTIVE OFFICER, Director | 718,939 |
| Blanchard Christopher LEVP Mine Planning & Developmen | 642,799 |
| Sussman Jeremy R.CHIEF FINANCIAL OFFICER | 571,938 |
Questions about METC
What does Ramaco Resources, Inc. do?
Ramaco Resources, Inc. is a company in the Energy sector, listed on NASDAQ as METC. Its shares trade on NASDAQ under the ticker METC.
What is Ramaco Resources, Inc.'s net worth?
Ramaco Resources, Inc. has a market value (market cap) of $432.3M at the latest share price, and shareholders' equity of $363M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Ramaco Resources, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $66.7M on revenue of $544.5M.
How much revenue does Ramaco Resources, Inc. make?
Over the twelve months to September 30, 2026 Ramaco Resources, Inc. reported revenue of $544.5M. That is 6.0% less than a year earlier.
When did Ramaco Resources, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 3, 2026. It covers the period to September 30, 2026.
When is Ramaco Resources, Inc.'s next earnings report?
Ramaco Resources, Inc.'s next report is expected around January 27, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Ramaco Resources, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.