Warrior Met Coal (HCC) Net Margin (2016 - 2026)
Warrior Met Coal's Net Margin was 9.71% in Q3 2026, down 1.43 percentage points from 11.14% a year earlier and down 7.45 percentage points from the prior quarter.
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Analysis
Warrior Met Coal (HCC) Net Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warrior Met Coal's Net Margin was 12.47% through Sep 30, 2026, up 9.60 percentage points year-over-year; for FY2025, it came in at 4.35%, down 12.08 percentage points from FY2024.
- Net Margin has now declined for three consecutive years, though with a five-year change of +8.92 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 16.43% in FY2024 (-12.12 pp), 28.55% in FY2023 (-8.34 pp), 36.88% in FY2022 (+22.64 pp) and 14.24% in FY2021 (+18.81 pp).
- Quarterly Net Margin has moved between -2.72% (Q1 2025) and 47.51% (Q2 2022) over five years.
- Compared with a year earlier, Net Margin was higher in three of the last eight quarters, with an average year-over-year change of -5.57 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q2 2022 (a gain of 49.56 percentage points); the worst was Q4 2024 (a drop of 35.04 percentage points).
- Per Business Quant data, HCC's Net Margin in the three quarters before Q3 2026 was 17.15% (Q2 2026), 15.77% (Q1 2026) and 5.98% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 32.57 Bn | 30.07 Bn | - | - |
| 2 | NexGen Energy | 5.01 Bn | 5.01 Bn | - | - |
| 3 | Warrior Met Coal | 4.48 Bn | 3.13 Bn | 139.41 Mn | 9.71% |
| 4 | Core Natural Resources | 4.10 Bn | 2.34 Bn | 252.03 Mn | 11.08% |
| 5 | Uranium Energy | 3.60 Bn | 2.01 Bn | 10.03 Mn | -300.44% |
| 6 | Alliance Resource Partners | 3.18 Bn | 2.88 Bn | 202.70 Mn | 14.42% |
| 7 | Centrus Energy | 2.25 Bn | -5.07 Bn | 49.90 Mn | 9.54% |
| 8 | Peabody Energy | 2.05 Bn | -142.92 Mn | - | -9.03% |
| 9 | Alpha Metallurgical Resources | 1.96 Bn | 380.35 Mn | 49.19 Mn | -2.49% |
| 10 | Energy Fuels | 1.79 Bn | -1.78 Bn | 17.88 Mn | -178.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.71% |
| Jun 30, 2026 | 17.15% |
| Mar 31, 2026 | 15.77% |
| Dec 31, 2025 | 5.98% |
| Sep 30, 2025 | 11.14% |
| Jun 30, 2025 | 1.88% |
| Mar 31, 2025 | -2.72% |
| Dec 31, 2024 | 0.38% |
| Sep 30, 2024 | 12.74% |
| Jun 30, 2024 | 17.83% |
| Mar 31, 2024 | 27.21% |
| Dec 31, 2023 | 35.42% |
| Sep 30, 2023 | 20.16% |
| Jun 30, 2023 | 21.62% |
| Mar 31, 2023 | 35.76% |
| Dec 31, 2022 | 28.91% |
| Sep 30, 2022 | 25.22% |
| Jun 30, 2022 | 47.51% |
| Mar 31, 2022 | 38.62% |
| Dec 31, 2021 | 33.33% |
API Access
Warrior Met Coal Net 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=net-margin&ticker=HCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=HCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();