Warrior Met Coal (HCC) FCF Margin (2016 - 2026)
Warrior Met Coal (HCC) recorded FCF Margin of 27.34% in Q3 2026, up 36.14 percentage points from -8.80% a year earlier and up 7.07 percentage points from the prior quarter.
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Analysis
Warrior Met Coal (HCC) FCF Margin (2016 - 2026) Analysis & Trends
On a TTM basis, Warrior Met Coal's FCF Margin came in at 6.56% as of Sep 30, 2026, up 26.35 percentage points year-over-year; for FY2025, it came in at -13.92%, down 5.99 percentage points from FY2024.
- Annual FCF Margin has declined for three straight years, with a five-year change of -13.67 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -7.92% in FY2024 (-18.44 pp), 10.52% in FY2023 (-23.08 pp), 33.60% in FY2022 (+7.15 pp) and 26.45% in FY2021 (+26.70 pp).
- The Q3 2026 figure is the highest quarterly FCF Margin since Q4 2022.
- On a year-over-year basis, FCF Margin has increased for five consecutive quarters, with an average year-over-year change of +1.83 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 39.34 percentage points in Q2 2026, against a drop of 46.80 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.28% (Q2 2026), -20.03% (Q1 2026) and -7.36% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 31.72 Bn | 28.65 Bn | 87.32 Mn | 22.71% |
| 2 | NexGen Energy | 5.50 Bn | 2.69 Bn | - | - |
| 3 | Warrior Met Coal | 4.51 Bn | 3.16 Bn | 139.41 Mn | 27.34% |
| 4 | Core Natural Resources | 4.07 Bn | 2.32 Bn | 197.89 Mn | 6.45% |
| 5 | Uranium Energy | 3.55 Bn | 1.62 Bn | 6.87 Mn | -67.98% |
| 6 | Alliance Resource Partners | 3.23 Bn | 3.10 Bn | 253.59 Mn | 32.17% |
| 7 | Centrus Energy | 2.17 Bn | -5.76 Bn | -10.60 Mn | -227.03% |
| 8 | Peabody Energy | 2.02 Bn | 40.86 Mn | - | -5.54% |
| 9 | Alpha Metallurgical Resources | 2.00 Bn | 544.21 Mn | 52.59 Mn | 2.33% |
| 10 | Energy Fuels | 1.79 Bn | -1.77 Bn | 17.88 Mn | -97.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.34% |
| Jun 30, 2026 | 20.28% |
| Mar 31, 2026 | -20.03% |
| Dec 31, 2025 | -7.36% |
| Sep 30, 2025 | -8.80% |
| Jun 30, 2025 | -19.06% |
| Mar 31, 2025 | -22.81% |
| Dec 31, 2024 | -29.58% |
| Sep 30, 2024 | -18.48% |
| Jun 30, 2024 | 6.39% |
| Mar 31, 2024 | 0.47% |
| Dec 31, 2023 | 17.22% |
| Sep 30, 2023 | 6.19% |
| Jun 30, 2023 | -6.01% |
| Mar 31, 2023 | 21.64% |
| Dec 31, 2022 | 28.00% |
| Sep 30, 2022 | 49.03% |
| Jun 30, 2022 | 39.46% |
| Mar 31, 2022 | 13.13% |
| Dec 31, 2021 | 36.33% |
API Access
Warrior Met Coal FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=HCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "HCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=HCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();