Feed / HCC

Warrior Met Coal, Inc.

HCC

Basic Materials · 101.61 -2.7% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Warrior Met Coal, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company-2.7% todayVolume comparison unavailable
Market group0 of 37 activeNo Coherent Theme · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • Blue Creek drove a 51.6% increase in steelmaking coal sales volume in the latest three months, making volume the primary disclosed engine of revenue growth.

Invalidation: The isolated read changes if HCC's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Basic Materials · Coking Coal

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Blue Creek drove a 51.6% increase in steelmaking coal sales volume in the latest three months, making volume the primary disclosed engine of revenue growth.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements94
Verified relationships4
Evidence supporting the case
  • Operating cash flow covered net income at 4.02x in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -14.1% year over year.
  • Operating margin changed -13.2 percentage points in the latest annual period.
  • Net margin changed -12.1 percentage points in the latest annual period.
Questions before a position
  • EV/sales is 243% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

101.61
6m+20.0%12m+74.3%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.1B+35.3%$2.93+0.5%
2022-12-31$1.7B+64.2%$12.40+0.5%
2023-12-31$1.7B-3.6%$9.20+0.6%
2024-12-31$1.5B-9.0%$4.79+0.6%
2025-12-31$1.3B-14.1%$1.08+0.5%

What management says matters

Persistent and emerging business drivers

Demand and volumemixed · 3 filings
Despite these temporary supply constraints, we expect the overall pricing environment in 2026 to remain broadly consistent with 2025 levels, reflecting persistent global steel demand weakness, elevated Chinese steel exports, and continued abundance in global…
10-K · Feb 12, 2026
Energy and commodity pricesnegative · 2 filings
The $2.2 million increase in other revenues were due to an increase in the Southern Louisiana natural gas price average of 20% offset partially by a decrease in sales volume of 2% for the six months ended June 30, 2026.
10-Q · Aug 5, 2026
Supply chain and availabilitymixed · 2 filings
Despite these temporary supply constraints, we expect the overall pricing environment in 2026 to remain broadly consistent with 2025 levels, reflecting persistent global steel demand weakness, elevated Chinese steel exports, and continued abundance in global…
10-K · Feb 12, 2026
Input and raw-material costsmixed · 1 filings
Our average gross price realization was approximately 80% of the Platts Premium Low Vol FOB Australian index price for the year ended December 31, 2025 compared to 89% for the year ended December 31, 2024, primarily driven by 13% higher sales mix of High Vol…
10-K · Feb 12, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 4.1× · EV/sales 4.0×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

101.61-2.7% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for HCC. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for HCC. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind HCC

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

JTGEYFiling-linked namelenderFeb 12, 2026

Amended ABL Facility On August 28, 2025, Warrior Met Coal, Inc.

Depended on by

ARECAmerican Resources CorporationcompetitorMay 20, 2026

Principal domestic competitors are MP Materials, Lithium Americas, Ramaco Resources, Arch Resources, Contura Energy, and Warrior Met Coal.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

HCC is currently a Early Follower in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for HCC; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.