Ramaco Resources (METC) Operating Margin (2016 - 2026)
Ramaco Resources' Operating Margin was -12.60% in Q2 2026, down 3.55 percentage points from -9.05% a year earlier but up 7.38 percentage points from the prior quarter.
Ramaco Resources (METC) Operating Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ramaco Resources' Operating Margin was -14.09% through Jun 30, 2026, down 11.23 percentage points year-over-year; for FY2025, it came in at -10.43%, down 12.92 percentage points from FY2024.
- Operating Margin has now declined for three consecutive years, though with a five-year change of +0.88 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 2.50% in FY2024 (-11.24 pp), 13.73% in FY2023 (-12.85 pp), 26.58% in FY2022 (+12.63 pp) and 13.95% in FY2021 (+25.25 pp).
- Quarterly Operating Margin has moved between -19.99% (Q1 2026) and 34.15% (Q1 2022) over five years.
- Compared with a year earlier, Operating Margin has declined for ten straight quarters, with an average year-over-year change of -11.14 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q4 2021 (a gain of 42.05 percentage points); the worst was Q2 2023 (a drop of 23.48 percentage points).
- Per Business Quant data, METC's Operating Margin in the three quarters before Q2 2026 was -19.99% (Q1 2026), -12.19% (Q4 2025) and -11.97% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 37.90 Bn | 33.68 Bn | 190.14 Mn | - |
| 2 | NexGen Energy | 5.95 Bn | 3.47 Bn | - | - |
| 3 | Warrior Met Coal | 4.85 Bn | 3.54 Bn | 169.64 Mn | 18.54% |
| 4 | Uranium Energy | 4.53 Bn | 3.37 Bn | - | - |
| 5 | Core Natural Resources | 4.41 Bn | 2.64 Bn | 252.03 Mn | 13.65% |
| 6 | Alliance Resource Partners | 3.19 Bn | 2.89 Bn | 202.70 Mn | 17.33% |
| 7 | Peabody Energy | 3.07 Bn | 918.90 Mn | - | -10.51% |
| 8 | Energy Fuels | 2.76 Bn | -181.21 Mn | 14.42 Mn | -121.77% |
| 9 | Centrus Energy | 2.70 Bn | -4.63 Bn | 49.90 Mn | 5.91% |
| 10 | Ramaco Resources | 568.84 Mn | -703.09 Mn | 16.62 Mn | -12.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.60% |
| Mar 31, 2026 | -19.99% |
| Dec 31, 2025 | -12.19% |
| Sep 30, 2025 | -11.97% |
| Jun 30, 2025 | -9.05% |
| Mar 31, 2025 | -8.93% |
| Dec 31, 2024 | 3.72% |
| Sep 30, 2024 | 0.95% |
| Jun 30, 2024 | 3.49% |
| Mar 31, 2024 | 1.90% |
| Dec 31, 2023 | 18.37% |
| Sep 30, 2023 | 8.60% |
| Jun 30, 2023 | 7.31% |
| Mar 31, 2023 | 19.16% |
| Dec 31, 2022 | 13.40% |
| Sep 30, 2022 | 26.79% |
| Jun 30, 2022 | 30.79% |
| Mar 31, 2022 | 34.15% |
| Dec 31, 2021 | 25.71% |
| Sep 30, 2021 | 11.48% |
Ramaco Resources Operating 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=operating-margin&ticker=METC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "METC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=METC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();