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Alpha Metallurgical Resources vs Alliance Resource Partners: revenue, profit, margins and growth compared

Alpha Metallurgical Resources brought in $2.1B of revenue in fiscal 2025, Alliance Resource Partners $2.2B in fiscal 2025. Revenue changed by -28.0% at Alpha Metallurgical Resources and -10.4% at Alliance Resource Partners on the year before, so Alliance Resource Partners grew faster. Alpha Metallurgical Resources kept -2.9% of its revenue as net profit, Alliance Resource Partners 14.2%. Free cash flow was $17.8M at Alpha Metallurgical Resources and $387.9M at Alliance Resource Partners.

Side by side, latest fiscal year

AMRARLP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.1B$2.2B
Revenue growth-28.0%-10.4%
Net income-$61.7M$311.2M
Net margin-2.9%14.2%
Free cash flow$17.8M$387.9M
Free cash flow margin0.8%17.7%
Earnings per share (diluted)-$4.75n/a
Cash$366M$71.2M
Debt$3.9M$450.8M
Price to earningsn/an/a
Market value$2.2B$3.2B
Dividend yieldn/an/a
Rank by revenue in sector#56 of 129 · Energy#55 of 129 · Energy

Over the years

Revenue
AMR FY2018: $2BAMR FY2019: $2BAMR FY2020: $1.4BAMR FY2021: $2.3BAMR FY2022: $4.1BAMR FY2023: $3.5BAMR FY2024: $3BAMR FY2025: $2.1BARLP FY2018: $2BARLP FY2019: $2BARLP FY2020: $1.3BARLP FY2021: $1.6BARLP FY2022: $2.4BARLP FY2023: $2.6BARLP FY2024: $2.4BARLP FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
AMR $2.1BARLP $2.2B
Net income
AMR FY2018: $299.2MAMR FY2019: -$316.3MAMR FY2020: -$446.9MAMR FY2021: $288.8MAMR FY2022: $1.4BAMR FY2023: $722MAMR FY2024: $187.6MAMR FY2025: -$61.7MARLP FY2018: $366.6MARLP FY2019: $399.4MARLP FY2020: -$129.2MARLP FY2021: $182.8MARLP FY2022: $586.2MARLP FY2023: $630.1MARLP FY2024: $360.9MARLP FY2025: $311.2MFY18FY19FY20FY21FY22FY23FY24FY25
AMR -$61.7MARLP $311.2M
Net margin
AMR FY2018: 14.7%AMR FY2019: -15.8%AMR FY2020: -31.6%AMR FY2021: 12.8%AMR FY2022: 35.3%AMR FY2023: 20.8%AMR FY2024: 6.3%AMR FY2025: -2.9%ARLP FY2018: 18.3%ARLP FY2019: 20.4%ARLP FY2020: -9.7%ARLP FY2021: 11.6%ARLP FY2022: 24.2%ARLP FY2023: 24.5%ARLP FY2024: 14.7%ARLP FY2025: 14.2%FY18FY19FY20FY21FY22FY23FY24FY25
AMR -2.9%ARLP 14.2%
Revenue growth
AMR FY2019: -1.5%AMR FY2020: -29.2%AMR FY2021: +59.5%AMR FY2022: +81.6%AMR FY2023: -15.4%AMR FY2024: -14.8%AMR FY2025: -28.0%ARLP FY2019: -2.1%ARLP FY2020: -32.3%ARLP FY2021: +18.9%ARLP FY2022: +53.2%ARLP FY2023: +6.1%ARLP FY2024: -4.6%ARLP FY2025: -10.4%FY19FY20FY21FY22FY23FY24FY25
AMR -28.0%ARLP -10.4%
Free cash flow
AMR FY2018: $76.5MAMR FY2019: -$28.6MAMR FY2020: $9.7MAMR FY2021: $91.6MAMR FY2022: $1.3BAMR FY2023: $605.8MAMR FY2024: $381.1MAMR FY2025: $17.8MARLP FY2018: $460.9MARLP FY2019: $209MARLP FY2020: $279.5MARLP FY2021: $309.2MARLP FY2022: $516MARLP FY2023: $444.9MARLP FY2024: $374.4MARLP FY2025: $387.9MFY18FY19FY20FY21FY22FY23FY24FY25
AMR $17.8MARLP $387.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Alpha Metallurgical Resources and Alliance Resource Partners

Which is bigger by revenue, Alpha Metallurgical Resources or Alliance Resource Partners?

Alliance Resource Partners is bigger by revenue: $2.2B in fiscal 2025, against $2.1B for Alpha Metallurgical Resources in fiscal 2025.

Which keeps more of its revenue as profit, Alpha Metallurgical Resources or Alliance Resource Partners?

Alpha Metallurgical Resources had a net margin of -2.9% in fiscal 2025; Alliance Resource Partners had 14.2% in fiscal 2025.

Which grew revenue faster, Alpha Metallurgical Resources or Alliance Resource Partners?

In their latest fiscal years revenue changed by -28.0% at Alpha Metallurgical Resources and -10.4% at Alliance Resource Partners.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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