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Side-by-side financial comparison of Webull Corp (BULL) and Ramaco Resources, Inc. (METC). Click either name above to swap in a different company.
Webull Corp is the larger business by last-quarter revenue ($131.5M vs $121.0M, roughly 1.1× Ramaco Resources, Inc.). Ramaco Resources, Inc. runs the higher net margin — -11.0% vs -21.5%, a 10.5% gap on every dollar of revenue. On growth, Webull Corp posted the faster year-over-year revenue change (46.3% vs -27.7%). Webull Corp produced more free cash flow last quarter ($271.7M vs $-17.5M).
Webull Corporation, often stylized as simply Webull, is a US-based financial services holding company headquartered in St. Petersburg, Florida. It provides an electronic trading platform of the same name.
Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.
BULL vs METC — Head-to-Head
Income Statement — Q2 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $131.5M | $121.0M |
| Net Profit | $-28.3M | $-13.3M |
| Gross Margin | — | 15.8% |
| Operating Margin | -16.3% | -12.0% |
| Net Margin | -21.5% | -11.0% |
| Revenue YoY | 46.3% | -27.7% |
| Net Profit YoY | -144.3% | -5468.2% |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q3 25 | — | $121.0M | ||
| Q2 25 | $131.5M | $153.0M | ||
| Q1 25 | — | $134.7M | ||
| Q4 24 | — | $170.9M | ||
| Q3 24 | — | $167.4M | ||
| Q2 24 | $89.9M | $155.3M | ||
| Q1 24 | — | $172.7M | ||
| Q4 23 | — | $202.7M |
| Q3 25 | — | $-13.3M | ||
| Q2 25 | $-28.3M | $-14.0M | ||
| Q1 25 | — | $-9.5M | ||
| Q4 24 | — | $3.9M | ||
| Q3 24 | — | $-239.0K | ||
| Q2 24 | $-11.6M | $5.5M | ||
| Q1 24 | — | $2.0M | ||
| Q4 23 | — | $30.0M |
| Q3 25 | — | 15.8% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | — | 19.5% | ||
| Q2 24 | — | 21.0% | ||
| Q1 24 | — | 19.1% | ||
| Q4 23 | — | 31.2% |
| Q3 25 | — | -12.0% | ||
| Q2 25 | -16.3% | -9.1% | ||
| Q1 25 | — | -8.9% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | -11.4% | 3.5% | ||
| Q1 24 | — | 1.9% | ||
| Q4 23 | — | 18.4% |
| Q3 25 | — | -11.0% | ||
| Q2 25 | -21.5% | -9.1% | ||
| Q1 25 | — | -7.0% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | -0.1% | ||
| Q2 24 | -12.9% | 3.6% | ||
| Q1 24 | — | 1.2% | ||
| Q4 23 | — | 14.8% |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | — | $-0.03 | ||
| Q2 24 | — | $0.08 | ||
| Q1 24 | — | $0.00 | ||
| Q4 23 | — | $0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $476.7M | $193.8M |
| Total DebtLower is stronger | — | $116.3M |
| Stockholders' EquityBook value | $751.6M | $526.9M |
| Total Assets | $2.6B | $849.7M |
| Debt / EquityLower = less leverage | — | 0.22× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $193.8M | ||
| Q2 25 | $476.7M | $28.1M | ||
| Q1 25 | — | $43.5M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | — | $22.9M | ||
| Q2 24 | — | $27.6M | ||
| Q1 24 | — | $30.5M | ||
| Q4 23 | — | $42.0M |
| Q3 25 | — | $116.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $88.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | $91.4M |
| Q3 25 | — | $526.9M | ||
| Q2 25 | $751.6M | $347.4M | ||
| Q1 25 | — | $355.2M | ||
| Q4 24 | — | $362.8M | ||
| Q3 24 | — | $361.8M | ||
| Q2 24 | $-2.9B | $366.1M | ||
| Q1 24 | — | $372.3M | ||
| Q4 23 | — | $369.6M |
| Q3 25 | — | $849.7M | ||
| Q2 25 | $2.6B | $674.6M | ||
| Q1 25 | — | $685.7M | ||
| Q4 24 | — | $674.7M | ||
| Q3 24 | — | $645.4M | ||
| Q2 24 | — | $659.2M | ||
| Q1 24 | — | $674.0M | ||
| Q4 23 | — | $665.8M |
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | 0.25× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $272.1M | $-1.4M |
| Free Cash FlowOCF − Capex | $271.7M | $-17.5M |
| FCF MarginFCF / Revenue | 206.6% | -14.5% |
| Capex IntensityCapex / Revenue | 0.3% | 13.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.7M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $-1.4M | ||
| Q2 25 | $272.1M | $-4.3M | ||
| Q1 25 | — | $26.0M | ||
| Q4 24 | — | $15.7M | ||
| Q3 24 | — | $37.4M | ||
| Q2 24 | — | $34.4M | ||
| Q1 24 | — | $25.2M | ||
| Q4 23 | — | $41.6M |
| Q3 25 | — | $-17.5M | ||
| Q2 25 | $271.7M | $-19.8M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $5.1M | ||
| Q3 24 | — | $25.6M | ||
| Q2 24 | — | $20.3M | ||
| Q1 24 | — | $6.5M | ||
| Q4 23 | — | $23.6M |
| Q3 25 | — | -14.5% | ||
| Q2 25 | 206.6% | -13.0% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 15.3% | ||
| Q2 24 | — | 13.1% | ||
| Q1 24 | — | 3.7% | ||
| Q4 23 | — | 11.6% |
| Q3 25 | — | 13.3% | ||
| Q2 25 | 0.3% | 10.2% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 9.1% | ||
| Q1 24 | — | 10.8% | ||
| Q4 23 | — | 8.9% |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.06× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 6.21× | ||
| Q1 24 | — | 12.40× | ||
| Q4 23 | — | 1.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BULL
Segment breakdown not available.
METC
| Export Coal Revenues | $73.0M | 60% |
| Domestic Coal Revenues | $48.0M | 40% |
