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Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and Koppers Holdings Inc. (KOP). 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 $432.7M, roughly 1.1× Koppers Holdings Inc.). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs 6.9%, a 8.9% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs -9.3%). Over the past eight quarters, WARRIOR MET COAL, INC.'s revenue compounded faster (7.5% CAGR vs -6.7%).
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.
Koppers is a global chemical and materials company based in Pittsburgh, Pennsylvania, United States. Its headquarters is an art-deco 1920s skyscraper, the Koppers Tower.
HCC vs KOP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $458.6M | $432.7M |
| Net Profit | $72.3M | $29.7M |
| Gross Margin | 36.7% | 25.6% |
| Operating Margin | 17.3% | 11.5% |
| Net Margin | 15.8% | 6.9% |
| Revenue YoY | 52.1% | -9.3% |
| Net Profit YoY | — | 391.2% |
| EPS (diluted) | $1.37 | $1.44 |
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 | $432.7M | ||
| Q3 25 | $328.6M | $485.3M | ||
| Q2 25 | $297.5M | $504.8M | ||
| Q1 25 | $299.9M | $456.5M | ||
| Q4 24 | $297.5M | $477.0M | ||
| Q3 24 | $327.7M | $554.3M | ||
| Q2 24 | $396.5M | $563.2M |
| Q1 26 | $72.3M | — | ||
| Q4 25 | $23.0M | $29.7M | ||
| Q3 25 | $36.6M | $23.8M | ||
| Q2 25 | $5.6M | $16.4M | ||
| Q1 25 | $-8.2M | $-13.9M | ||
| Q4 24 | $1.1M | $-10.2M | ||
| Q3 24 | $41.8M | $22.8M | ||
| Q2 24 | $70.7M | $26.8M |
| Q1 26 | 36.7% | — | ||
| Q4 25 | 29.5% | 25.6% | ||
| Q3 25 | 27.1% | 24.1% | ||
| Q2 25 | 23.9% | 22.6% | ||
| Q1 25 | 18.1% | 23.2% | ||
| Q4 24 | 23.1% | 17.5% | ||
| Q3 24 | 29.3% | 21.9% | ||
| Q2 24 | 34.1% | 21.6% |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 9.0% | 11.5% | ||
| Q3 25 | 6.3% | 10.7% | ||
| Q2 25 | 2.6% | 7.7% | ||
| Q1 25 | -5.8% | 5.9% | ||
| Q4 24 | -1.4% | 1.3% | ||
| Q3 24 | 11.9% | 9.0% | ||
| Q2 24 | 17.9% | 10.2% |
| Q1 26 | 15.8% | — | ||
| Q4 25 | 6.0% | 6.9% | ||
| Q3 25 | 11.1% | 4.9% | ||
| Q2 25 | 1.9% | 3.2% | ||
| Q1 25 | -2.7% | -3.0% | ||
| Q4 24 | 0.4% | -2.1% | ||
| Q3 24 | 12.7% | 4.1% | ||
| Q2 24 | 17.8% | 4.8% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $0.43 | $1.44 | ||
| Q3 25 | $0.70 | $1.17 | ||
| Q2 25 | $0.11 | $0.81 | ||
| Q1 25 | $-0.16 | $-0.68 | ||
| Q4 24 | $0.02 | $-0.47 | ||
| Q3 24 | $0.80 | $1.09 | ||
| Q2 24 | $1.35 | $1.25 |
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 | — |
| Total DebtLower is stronger | $154.4M | $928.3M |
| Stockholders' EquityBook value | — | $574.0M |
| Total Assets | $2.8B | $1.9B |
| Debt / EquityLower = less leverage | — | 1.62× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $233.2M | — | ||
| Q4 25 | $300.0M | — | ||
| Q3 25 | $336.3M | — | ||
| Q2 25 | $383.3M | — | ||
| Q1 25 | $454.9M | — | ||
| Q4 24 | $491.5M | — | ||
| Q3 24 | $583.2M | — | ||
| Q2 24 | $709.0M | — |
| Q1 26 | $154.4M | — | ||
| Q4 25 | $154.3M | $928.3M | ||
| Q3 25 | $154.1M | $932.9M | ||
| Q2 25 | $153.9M | $977.5M | ||
| Q1 25 | $153.8M | $989.0M | ||
| Q4 24 | $153.6M | $939.5M | ||
| Q3 24 | $153.5M | $989.4M | ||
| Q2 24 | $153.3M | $1.0B |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $574.0M | ||
| Q3 25 | $2.1B | $545.6M | ||
| Q2 25 | $2.1B | $526.8M | ||
| Q1 25 | $2.1B | $498.0M | ||
| Q4 24 | $2.1B | $488.7M | ||
| Q3 24 | $2.1B | $532.3M | ||
| Q2 24 | $2.0B | $509.2M |
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | $1.9B | ||
| Q3 25 | $2.7B | $1.9B | ||
| Q2 25 | $2.6B | $1.9B | ||
| Q1 25 | $2.6B | $1.9B | ||
| Q4 24 | $2.6B | $1.9B | ||
| Q3 24 | $2.6B | $2.0B | ||
| Q2 24 | $2.6B | $1.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | 1.62× | ||
| Q3 25 | 0.07× | 1.71× | ||
| Q2 25 | 0.07× | 1.86× | ||
| Q1 25 | 0.07× | 1.99× | ||
| Q4 24 | 0.07× | 1.92× | ||
| Q3 24 | 0.07× | 1.86× | ||
| Q2 24 | 0.07× | 1.97× |
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 | — | $45.1M |
| Free Cash FlowOCF − Capex | — | $28.5M |
| FCF MarginFCF / Revenue | — | 6.6% |
| Capex IntensityCapex / Revenue | — | 3.8% |
| Cash ConversionOCF / Net Profit | — | 1.52× |
| TTM Free Cash FlowTrailing 4 quarters | — | $67.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $76.1M | $45.1M | ||
| Q3 25 | $104.7M | $49.6M | ||
| Q2 25 | $37.5M | $50.5M | ||
| Q1 25 | $10.9M | $-22.7M | ||
| Q4 24 | $54.2M | $74.7M | ||
| Q3 24 | $62.2M | $29.8M | ||
| Q2 24 | $147.0M | $27.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $28.5M | ||
| Q3 25 | — | $37.6M | ||
| Q2 25 | — | $38.4M | ||
| Q1 25 | — | $-37.0M | ||
| Q4 24 | — | $56.1M | ||
| Q3 24 | — | $14.4M | ||
| Q2 24 | — | $10.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 7.7% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | -8.1% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 1.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 3.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.31× | 1.52× | ||
| Q3 25 | 2.86× | 2.08× | ||
| Q2 25 | 6.70× | 3.08× | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.68× | — | ||
| Q3 24 | 1.49× | 1.31× | ||
| Q2 24 | 2.08× | 1.01× |
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% |
KOP
| Other | $127.8M | 30% |
| Railroad Treated Products | $119.0M | 28% |
| Utility Poles | $79.8M | 18% |
| Pitch And Related Products | $74.1M | 17% |
| Carbon Black Feedstock And Distillates | $14.4M | 3% |
| Railroad Infrastructure Products And Services | $9.9M | 2% |
| Phthalic Anhydride Naphthalene And Other Chemicals | $7.7M | 2% |
