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Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

WARRIOR MET COAL, INC. is the larger business by last-quarter revenue ($384.0M vs $270.8M, roughly 1.4× HUTCHMED (China) Ltd). WARRIOR MET COAL, INC. runs the higher net margin — 6.0% vs 0.7%, a 5.3% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (29.1% vs -16.5%).

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.

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

HCC vs HCM — Head-to-Head

Bigger by revenue
HCC
HCC
1.4× larger
HCC
$384.0M
$270.8M
HCM
Growing faster (revenue YoY)
HCC
HCC
+45.6% gap
HCC
29.1%
-16.5%
HCM
Higher net margin
HCC
HCC
5.3% more per $
HCC
6.0%
0.7%
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCC
HCC
HCM
HCM
Revenue
$384.0M
$270.8M
Net Profit
$23.0M
$2.0M
Gross Margin
29.5%
37.7%
Operating Margin
9.0%
-13.2%
Net Margin
6.0%
0.7%
Revenue YoY
29.1%
-16.5%
Net Profit YoY
1919.5%
-83.6%
EPS (diluted)
$0.43
$0.00

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.

Revenue
HCC
HCC
HCM
HCM
Q4 25
$384.0M
$270.8M
Q3 25
$328.6M
Q2 25
$297.5M
$277.7M
Q1 25
$299.9M
$324.5M
Q4 24
$297.5M
Q3 24
$327.7M
Q2 24
$396.5M
$305.7M
Q1 24
$503.5M
Net Profit
HCC
HCC
HCM
HCM
Q4 25
$23.0M
$2.0M
Q3 25
$36.6M
Q2 25
$5.6M
$455.0M
Q1 25
$-8.2M
$11.9M
Q4 24
$1.1M
Q3 24
$41.8M
Q2 24
$70.7M
$25.8M
Q1 24
$137.0M
Gross Margin
HCC
HCC
HCM
HCM
Q4 25
29.5%
37.7%
Q3 25
27.1%
Q2 25
23.9%
0.1%
Q1 25
18.1%
48.0%
Q4 24
23.1%
Q3 24
29.3%
Q2 24
34.1%
41.1%
Q1 24
43.3%
Operating Margin
HCC
HCC
HCM
HCM
Q4 25
9.0%
-13.2%
Q3 25
6.3%
Q2 25
2.6%
-1.3%
Q1 25
-5.8%
-5.0%
Q4 24
-1.4%
Q3 24
11.9%
Q2 24
17.9%
-9.0%
Q1 24
29.6%
Net Margin
HCC
HCC
HCM
HCM
Q4 25
6.0%
0.7%
Q3 25
11.1%
Q2 25
1.9%
163.8%
Q1 25
-2.7%
3.7%
Q4 24
0.4%
Q3 24
12.7%
Q2 24
17.8%
8.4%
Q1 24
27.2%
EPS (diluted)
HCC
HCC
HCM
HCM
Q4 25
$0.43
$0.00
Q3 25
$0.70
Q2 25
$0.11
$0.52
Q1 25
$-0.16
$0.01
Q4 24
$0.02
Q3 24
$0.80
Q2 24
$1.35
$0.03
Q1 24
$2.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCC
HCC
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$300.0M
$1.4B
Total DebtLower is stronger
$154.3M
$93.2M
Stockholders' EquityBook value
$2.1B
$1.2B
Total Assets
$2.8B
$1.8B
Debt / EquityLower = less leverage
0.07×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCC
HCC
HCM
HCM
Q4 25
$300.0M
$1.4B
Q3 25
$336.3M
Q2 25
$383.3M
$1.4B
Q1 25
$454.9M
$836.1M
Q4 24
$491.5M
Q3 24
$583.2M
Q2 24
$709.0M
$802.5M
Q1 24
$693.9M
Total Debt
HCC
HCC
HCM
HCM
Q4 25
$154.3M
$93.2M
Q3 25
$154.1M
Q2 25
$153.9M
$93.4M
Q1 25
$153.8M
$82.8M
Q4 24
$153.6M
Q3 24
$153.5M
Q2 24
$153.3M
$82.1M
Q1 24
$153.2M
Stockholders' Equity
HCC
HCC
HCM
HCM
Q4 25
$2.1B
$1.2B
Q3 25
$2.1B
Q2 25
$2.1B
$1.2B
Q1 25
$2.1B
$759.9M
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.0B
$740.1M
Q1 24
$2.0B
Total Assets
HCC
HCC
HCM
HCM
Q4 25
$2.8B
$1.8B
Q3 25
$2.7B
Q2 25
$2.6B
$1.8B
Q1 25
$2.6B
$1.3B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
$1.3B
Q1 24
$2.5B
Debt / Equity
HCC
HCC
HCM
HCM
Q4 25
0.07×
0.08×
Q3 25
0.07×
Q2 25
0.07×
0.08×
Q1 25
0.07×
0.11×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
0.07×
0.11×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCC
HCC
HCM
HCM
Operating Cash FlowLast quarter
$76.1M
$8.2M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
3.31×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCC
HCC
HCM
HCM
Q4 25
$76.1M
$8.2M
Q3 25
$104.7M
Q2 25
$37.5M
$-72.9M
Q1 25
$10.9M
$40.3M
Q4 24
$54.2M
Q3 24
$62.2M
Q2 24
$147.0M
$-39.8M
Q1 24
$104.1M
Free Cash Flow
HCC
HCC
HCM
HCM
Q4 25
$3.4M
Q3 25
Q2 25
$-82.2M
Q1 25
$32.5M
Q4 24
Q3 24
Q2 24
$-49.9M
Q1 24
FCF Margin
HCC
HCC
HCM
HCM
Q4 25
1.2%
Q3 25
Q2 25
-29.6%
Q1 25
10.0%
Q4 24
Q3 24
Q2 24
-16.3%
Q1 24
Capex Intensity
HCC
HCC
HCM
HCM
Q4 25
1.8%
Q3 25
Q2 25
3.3%
Q1 25
2.4%
Q4 24
Q3 24
Q2 24
3.3%
Q1 24
Cash Conversion
HCC
HCC
HCM
HCM
Q4 25
3.31×
4.21×
Q3 25
2.86×
Q2 25
6.70×
-0.16×
Q1 25
3.38×
Q4 24
47.68×
Q3 24
1.49×
Q2 24
2.08×
-1.54×
Q1 24
0.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCC
HCC

Mining Segment$373.6M97%
Other$10.4M3%

HCM
HCM

Segment breakdown not available.

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