Warrior Met Coal (HCC) Gross Margin (2016 - 2026)
Warrior Met Coal's Gross Margin was 33.28% in Q2 2026, up 9.38 percentage points from 23.90% a year earlier but down 3.39 percentage points from the prior quarter.
Powered by 
Analysis
Warrior Met Coal (HCC) Gross Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warrior Met Coal's Gross Margin was 32.13% through Jun 30, 2026, up 8.41 percentage points year-over-year; for FY2025, it came in at 25.01%, down 8.95 percentage points from FY2024.
- Gross Margin has now declined for three consecutive years, though with a five-year change of +4.88 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 33.96% in FY2024 (-11.75 pp), 45.71% in FY2023 (-13.42 pp), 59.13% in FY2022 (+11.46 pp) and 47.67% in FY2021 (+27.54 pp).
- Quarterly Gross Margin has moved between 18.07% (Q1 2025) and 69.43% (Q2 2022) over five years.
- Compared with a year earlier, Gross Margin has increased for three straight quarters, with an average year-over-year change of -4.75 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2021 (a gain of 52.88 percentage points); the worst was Q2 2023 (a drop of 30.13 percentage points).
- Per Business Quant data, HCC's Gross Margin in the three quarters before Q2 2026 was 36.67% (Q1 2026), 29.50% (Q4 2025) and 27.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 37.84 Bn | 33.63 Bn | 190.14 Mn | - |
| 2 | NexGen Energy | 5.97 Bn | 3.49 Bn | - | - |
| 3 | Warrior Met Coal | 4.65 Bn | 3.35 Bn | 169.64 Mn | 33.28% |
| 4 | Uranium Energy | 4.61 Bn | 3.03 Bn | 10.03 Mn | 49.64% |
| 5 | Core Natural Resources | 4.31 Bn | 2.55 Bn | 252.03 Mn | 22.09% |
| 6 | Alliance Resource Partners | 3.14 Bn | 2.83 Bn | 202.70 Mn | 36.75% |
| 7 | Peabody Energy | 2.97 Bn | 823.82 Mn | - | - |
| 8 | Energy Fuels | 2.74 Bn | -196.21 Mn | 14.42 Mn | 57.42% |
| 9 | Centrus Energy | 2.66 Bn | -4.67 Bn | 49.90 Mn | 28.34% |
| 10 | Alpha Metallurgical Resources | 2.11 Bn | 526.83 Mn | 49.19 Mn | 9.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.28% |
| Mar 31, 2026 | 36.67% |
| Dec 31, 2025 | 29.50% |
| Sep 30, 2025 | 27.10% |
| Jun 30, 2025 | 23.90% |
| Mar 31, 2025 | 18.07% |
| Dec 31, 2024 | 23.08% |
| Sep 30, 2024 | 29.33% |
| Jun 30, 2024 | 34.10% |
| Mar 31, 2024 | 43.28% |
| Dec 31, 2023 | 48.65% |
| Sep 30, 2023 | 38.52% |
| Jun 30, 2023 | 39.30% |
| Mar 31, 2023 | 54.36% |
| Dec 31, 2022 | 47.57% |
| Sep 30, 2022 | 47.86% |
| Jun 30, 2022 | 69.43% |
| Mar 31, 2022 | 64.26% |
| Dec 31, 2021 | 62.65% |
| Sep 30, 2021 | 54.57% |
API Access
Warrior Met Coal Gross 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=gross-margin&ticker=HCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=HCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();