HCCWARRIOR MET COAL, INC.
Silver Ores
- Revenue
- $1.3B
- 14% YoY
- Operating margin
- 3.5%
- 79% YoY
- EBITDA
- $234M
- 43% YoY
- Market cap
- $4.5B
- Employees
- 2,025
- $647K revenue each
- Net debt / EBITDA
- -0.6×
- −$148M net debt
- AI in 10-K
- 0.4
- mentions per 10K words
Takeover score 4 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo402% of net incomeCash flow under 80% of net income
- Dilutive SBCNo2% of revenueOver 10% of revenue
- Payouts exceed cash flowNo8% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo98% lowest supportAny vote under 80% support
Buyer economics 3 of 4
- Low revenue per employeeNo$647K per employeeBottom quartile of its SIC industry
- Quiet on AIYes0.4 per 10K words · 20th pctBottom quartile of AI mentions in 10-Ks
- Net cashYesNet cash · 0.6× EBITDAMore cash than debt, positive EBITDA
- Buyout-sizedYes$4.5B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$26M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.7B | $1.7B | $1.5B | $1.3B | 14% |
| Operating income | $244M | $801M | $541M | $255M | $46M | 82% |
| Net income | $151M | $641M | $479M | $251M | $57M | 77% |
| Operating cash flow | $352M | $842M | $701M | $367M | $229M | 38% |
| Capex | $58M | $205M | — | — | — | |
| Stock-based comp | $9M | $18M | $18M | $22M | $20M | 9.6% |
| Buybacks | $0 | — | — | — | — | |
| Dividends | $10M | $80M | $61M | $44M | $18M | 59% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $26M · 10
- Net
- −$26M
Pay vs performance
No pay-versus-performance disclosure yet.