Warrior Met Coal (HCC) Net Margin (2016 - 2026)
Warrior Met Coal's Net Margin was 17.15% in Q2 2026, up 15.27 percentage points from 1.88% a year earlier and up 1.38 percentage points from the prior quarter.
Warrior Met Coal (HCC) Net Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warrior Met Coal's Net Margin was 13.05% through Jun 30, 2026, up 9.75 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).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q2 2024.
- Compared with a year earlier, Net Margin has increased for three straight quarters, with an average year-over-year change of -6.32 percentage points over the last eight quarters.
- 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 Q2 2026 was 15.77% (Q1 2026), 5.98% (Q4 2025) and 11.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net 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 | 17.15% |
| 4 | Uranium Energy | 4.61 Bn | 3.03 Bn | 10.03 Mn | -300.44% |
| 5 | Core Natural Resources | 4.31 Bn | 2.55 Bn | 252.03 Mn | 11.08% |
| 6 | Alliance Resource Partners | 3.14 Bn | 2.83 Bn | 202.70 Mn | 14.42% |
| 7 | Peabody Energy | 2.97 Bn | 823.82 Mn | - | -9.03% |
| 8 | Energy Fuels | 2.74 Bn | -196.21 Mn | 14.42 Mn | -132.94% |
| 9 | Centrus Energy | 2.66 Bn | -4.67 Bn | 49.90 Mn | 9.54% |
| 10 | Alpha Metallurgical Resources | 2.11 Bn | 526.83 Mn | 49.19 Mn | -2.49% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 18.98% |
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_KEY
import 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();