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Side-by-side financial comparison of Claritev Corp (CTEV) and WARRIOR MET COAL, INC. (HCC). Click either name above to swap in a different company.
WARRIOR MET COAL, INC. is the larger business by last-quarter revenue ($458.6M vs $246.6M, roughly 1.9× Claritev Corp). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs -32.7%, a 48.5% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 6.2%). Over the past eight quarters, WARRIOR MET COAL, INC.'s revenue compounded faster (7.5% CAGR vs 2.5%).
Warrior Met Coal, Inc. (ticker HCC) is a U.S.-headquartered mining enterprise that produces and distributes high-grade metallurgical coal, a key raw material for steel production. It serves steel manufacturers and industrial clients across core markets including North America, Europe, and Asia.
CTEV vs HCC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $458.6M |
| Net Profit | $-80.6M | $72.3M |
| Gross Margin | — | 36.7% |
| Operating Margin | -3.1% | 17.3% |
| Net Margin | -32.7% | 15.8% |
| Revenue YoY | 6.2% | 52.1% |
| Net Profit YoY | 41.6% | — |
| EPS (diluted) | $-4.88 | $1.37 |
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.
| Q1 26 | — | $458.6M | ||
| Q4 25 | $246.6M | $384.0M | ||
| Q3 25 | $246.0M | $328.6M | ||
| Q2 25 | $241.6M | $297.5M | ||
| Q1 25 | $231.3M | $299.9M | ||
| Q4 24 | $232.1M | $297.5M | ||
| Q3 24 | $230.5M | $327.7M | ||
| Q2 24 | $233.5M | $396.5M |
| Q1 26 | — | $72.3M | ||
| Q4 25 | $-80.6M | $23.0M | ||
| Q3 25 | $-69.8M | $36.6M | ||
| Q2 25 | $-62.6M | $5.6M | ||
| Q1 25 | $-71.3M | $-8.2M | ||
| Q4 24 | $-138.0M | $1.1M | ||
| Q3 24 | $-391.4M | $41.8M | ||
| Q2 24 | $-576.7M | $70.7M |
| Q1 26 | — | 36.7% | ||
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 27.1% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 18.1% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | — | 29.3% | ||
| Q2 24 | — | 34.1% |
| Q1 26 | — | 17.3% | ||
| Q4 25 | -3.1% | 9.0% | ||
| Q3 25 | 4.1% | 6.3% | ||
| Q2 25 | 6.9% | 2.6% | ||
| Q1 25 | 4.2% | -5.8% | ||
| Q4 24 | -17.8% | -1.4% | ||
| Q3 24 | -146.7% | 11.9% | ||
| Q2 24 | -224.4% | 17.9% |
| Q1 26 | — | 15.8% | ||
| Q4 25 | -32.7% | 6.0% | ||
| Q3 25 | -28.4% | 11.1% | ||
| Q2 25 | -25.9% | 1.9% | ||
| Q1 25 | -30.8% | -2.7% | ||
| Q4 24 | -59.4% | 0.4% | ||
| Q3 24 | -169.8% | 12.7% | ||
| Q2 24 | -247.0% | 17.8% |
| Q1 26 | — | $1.37 | ||
| Q4 25 | $-4.88 | $0.43 | ||
| Q3 25 | $-4.23 | $0.70 | ||
| Q2 25 | $-3.81 | $0.11 | ||
| Q1 25 | $-4.38 | $-0.16 | ||
| Q4 24 | $-8.49 | $0.02 | ||
| Q3 24 | $-24.25 | $0.80 | ||
| Q2 24 | $-35.78 | $1.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $233.2M |
| Total DebtLower is stronger | $4.6B | $154.4M |
| Stockholders' EquityBook value | $-173.9M | — |
| Total Assets | $4.9B | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $233.2M | ||
| Q4 25 | $16.8M | $300.0M | ||
| Q3 25 | $39.2M | $336.3M | ||
| Q2 25 | $56.4M | $383.3M | ||
| Q1 25 | $23.1M | $454.9M | ||
| Q4 24 | $16.8M | $491.5M | ||
| Q3 24 | $86.6M | $583.2M | ||
| Q2 24 | $48.8M | $709.0M |
| Q1 26 | — | $154.4M | ||
| Q4 25 | $4.6B | $154.3M | ||
| Q3 25 | $4.5B | $154.1M | ||
| Q2 25 | $4.5B | $153.9M | ||
| Q1 25 | $4.5B | $153.8M | ||
| Q4 24 | $4.5B | $153.6M | ||
| Q3 24 | $4.5B | $153.5M | ||
| Q2 24 | $4.5B | $153.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-173.9M | $2.1B | ||
| Q3 25 | $-101.8M | $2.1B | ||
| Q2 25 | $-39.9M | $2.1B | ||
| Q1 25 | $14.8M | $2.1B | ||
| Q4 24 | $84.0M | $2.1B | ||
| Q3 24 | $207.6M | $2.1B | ||
| Q2 24 | $603.4M | $2.0B |
| Q1 26 | — | $2.8B | ||
| Q4 25 | $4.9B | $2.8B | ||
| Q3 25 | $5.0B | $2.7B | ||
| Q2 25 | $5.1B | $2.6B | ||
| Q1 25 | $5.1B | $2.6B | ||
| Q4 24 | $5.2B | $2.6B | ||
| Q3 24 | $5.3B | $2.6B | ||
| Q2 24 | $5.7B | $2.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | 304.87× | 0.07× | ||
| Q4 24 | 53.67× | 0.07× | ||
| Q3 24 | 21.73× | 0.07× | ||
| Q2 24 | 7.48× | 0.07× |
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 | $66.3M | — |
| Free Cash FlowOCF − Capex | $36.4M | — |
| FCF MarginFCF / Revenue | 14.8% | — |
| Capex IntensityCapex / Revenue | 12.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $66.3M | $76.1M | ||
| Q3 25 | $19.9M | $104.7M | ||
| Q2 25 | $61.2M | $37.5M | ||
| Q1 25 | $-30.1M | $10.9M | ||
| Q4 24 | $-33.4M | $54.2M | ||
| Q3 24 | $72.8M | $62.2M | ||
| Q2 24 | $18.5M | $147.0M |
| Q1 26 | — | — | ||
| Q4 25 | $36.4M | — | ||
| Q3 25 | $-16.3M | — | ||
| Q2 25 | $36.6M | — | ||
| Q1 25 | $-68.9M | — | ||
| Q4 24 | $-63.8M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $-7.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 14.8% | — | ||
| Q3 25 | -6.6% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | -29.8% | — | ||
| Q4 24 | -27.5% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | -3.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 10.2% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 13.8% | — | ||
| Q2 24 | 10.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.31× | ||
| Q3 25 | — | 2.86× | ||
| Q2 25 | — | 6.70× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 47.68× | ||
| Q3 24 | — | 1.49× | ||
| Q2 24 | — | 2.08× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
Segment breakdown not available.
HCC
| Sales | $448.5M | 98% |
| Other revenues | $10.1M | 2% |
