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Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and Installed Building Products, Inc. (IBP). Click either name above to swap in a different company.
Installed Building Products, Inc. is the larger business by last-quarter revenue ($747.5M vs $458.6M, roughly 1.6× WARRIOR MET COAL, INC.). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs 10.2%, a 5.5% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs -0.4%). Over the past eight quarters, WARRIOR MET COAL, INC.'s revenue compounded faster (7.5% CAGR vs 3.9%).
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.
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
HCC vs IBP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $458.6M | $747.5M |
| Net Profit | $72.3M | $76.6M |
| Gross Margin | 36.7% | 35.0% |
| Operating Margin | 17.3% | 14.6% |
| Net Margin | 15.8% | 10.2% |
| Revenue YoY | 52.1% | -0.4% |
| Net Profit YoY | — | 14.5% |
| EPS (diluted) | $1.37 | $2.81 |
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 | $384.0M | $747.5M | ||
| Q3 25 | $328.6M | $778.2M | ||
| Q2 25 | $297.5M | $760.3M | ||
| Q1 25 | $299.9M | $684.8M | ||
| Q4 24 | $297.5M | $750.2M | ||
| Q3 24 | $327.7M | $760.6M | ||
| Q2 24 | $396.5M | $737.6M |
| Q1 26 | $72.3M | — | ||
| Q4 25 | $23.0M | $76.6M | ||
| Q3 25 | $36.6M | $74.4M | ||
| Q2 25 | $5.6M | $69.0M | ||
| Q1 25 | $-8.2M | $45.4M | ||
| Q4 24 | $1.1M | $66.9M | ||
| Q3 24 | $41.8M | $68.6M | ||
| Q2 24 | $70.7M | $65.2M |
| Q1 26 | 36.7% | — | ||
| Q4 25 | 29.5% | 35.0% | ||
| Q3 25 | 27.1% | 34.0% | ||
| Q2 25 | 23.9% | 34.2% | ||
| Q1 25 | 18.1% | 32.7% | ||
| Q4 24 | 23.1% | 33.6% | ||
| Q3 24 | 29.3% | 33.8% | ||
| Q2 24 | 34.1% | 34.1% |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 9.0% | 14.6% | ||
| Q3 25 | 6.3% | 13.7% | ||
| Q2 25 | 2.6% | 13.3% | ||
| Q1 25 | -5.8% | 10.2% | ||
| Q4 24 | -1.4% | 13.1% | ||
| Q3 24 | 11.9% | 13.3% | ||
| Q2 24 | 17.9% | 12.9% |
| Q1 26 | 15.8% | — | ||
| Q4 25 | 6.0% | 10.2% | ||
| Q3 25 | 11.1% | 9.6% | ||
| Q2 25 | 1.9% | 9.1% | ||
| Q1 25 | -2.7% | 6.6% | ||
| Q4 24 | 0.4% | 8.9% | ||
| Q3 24 | 12.7% | 9.0% | ||
| Q2 24 | 17.8% | 8.8% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $0.43 | $2.81 | ||
| Q3 25 | $0.70 | $2.74 | ||
| Q2 25 | $0.11 | $2.52 | ||
| Q1 25 | $-0.16 | $1.64 | ||
| Q4 24 | $0.02 | $2.39 | ||
| Q3 24 | $0.80 | $2.44 | ||
| Q2 24 | $1.35 | $2.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $233.2M | $321.9M |
| Total DebtLower is stronger | $154.4M | $886.6M |
| Stockholders' EquityBook value | — | $709.9M |
| Total Assets | $2.8B | $2.1B |
| Debt / EquityLower = less leverage | — | 1.25× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $233.2M | — | ||
| Q4 25 | $300.0M | $321.9M | ||
| Q3 25 | $336.3M | $333.3M | ||
| Q2 25 | $383.3M | $305.2M | ||
| Q1 25 | $454.9M | $298.7M | ||
| Q4 24 | $491.5M | $327.6M | ||
| Q3 24 | $583.2M | $406.2M | ||
| Q2 24 | $709.0M | $380.3M |
| Q1 26 | $154.4M | — | ||
| Q4 25 | $154.3M | $886.6M | ||
| Q3 25 | $154.1M | $880.8M | ||
| Q2 25 | $153.9M | $876.1M | ||
| Q1 25 | $153.8M | $872.4M | ||
| Q4 24 | $153.6M | $874.8M | ||
| Q3 24 | $153.5M | $872.3M | ||
| Q2 24 | $153.3M | $875.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $709.9M | ||
| Q3 25 | $2.1B | $678.6M | ||
| Q2 25 | $2.1B | $664.5M | ||
| Q1 25 | $2.1B | $660.9M | ||
| Q4 24 | $2.1B | $705.3M | ||
| Q3 24 | $2.1B | $716.4M | ||
| Q2 24 | $2.0B | $685.3M |
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | $2.1B | ||
| Q3 25 | $2.7B | $2.1B | ||
| Q2 25 | $2.6B | $2.0B | ||
| Q1 25 | $2.6B | $2.0B | ||
| Q4 24 | $2.6B | $2.1B | ||
| Q3 24 | $2.6B | $2.1B | ||
| Q2 24 | $2.6B | $2.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | 1.25× | ||
| Q3 25 | 0.07× | 1.30× | ||
| Q2 25 | 0.07× | 1.32× | ||
| Q1 25 | 0.07× | 1.32× | ||
| Q4 24 | 0.07× | 1.24× | ||
| Q3 24 | 0.07× | 1.22× | ||
| Q2 24 | 0.07× | 1.28× |
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 | — | $64.9M |
| Free Cash FlowOCF − Capex | — | $49.3M |
| FCF MarginFCF / Revenue | — | 6.6% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | — | 0.85× |
| TTM Free Cash FlowTrailing 4 quarters | — | $300.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $76.1M | $64.9M | ||
| Q3 25 | $104.7M | $124.0M | ||
| Q2 25 | $37.5M | $90.4M | ||
| Q1 25 | $10.9M | $92.1M | ||
| Q4 24 | $54.2M | $74.8M | ||
| Q3 24 | $62.2M | $101.4M | ||
| Q2 24 | $147.0M | $79.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $49.3M | ||
| Q3 25 | — | $104.8M | ||
| Q2 25 | — | $74.8M | ||
| Q1 25 | — | $71.9M | ||
| Q4 24 | — | $52.9M | ||
| Q3 24 | — | $77.3M | ||
| Q2 24 | — | $58.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 13.5% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 7.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 3.31× | 0.85× | ||
| Q3 25 | 2.86× | 1.67× | ||
| Q2 25 | 6.70× | 1.31× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | 47.68× | 1.12× | ||
| Q3 24 | 1.49× | 1.48× | ||
| Q2 24 | 2.08× | 1.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCC
| Sales | $448.5M | 98% |
| Other revenues | $10.1M | 2% |
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
