vs

Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and Loews Corporation (L). Click either name above to swap in a different company.

Loews Corporation is the larger business by last-quarter revenue ($827.0M vs $458.6M, roughly 1.8× WARRIOR MET COAL, INC.). Loews Corporation runs the higher net margin — 48.6% vs 15.8%, a 32.8% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 4.8%). Over the past eight quarters, Loews Corporation's revenue compounded faster (7.9% CAGR vs 7.5%).

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.

Loews Corporation is a diversified US-based conglomerate that operates across multiple key industry segments through its subsidiaries. Its core business lines include property and casualty insurance, natural gas pipeline transportation, hospitality services, and upstream oil and gas exploration and production, primarily serving commercial, consumer and industrial clients across North American markets.

HCC vs L — Head-to-Head

Bigger by revenue
L
L
1.8× larger
L
$827.0M
$458.6M
HCC
Growing faster (revenue YoY)
HCC
HCC
+47.2% gap
HCC
52.1%
4.8%
L
Higher net margin
L
L
32.8% more per $
L
48.6%
15.8%
HCC
Faster 2-yr revenue CAGR
L
L
Annualised
L
7.9%
7.5%
HCC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HCC
HCC
L
L
Revenue
$458.6M
$827.0M
Net Profit
$72.3M
$402.0M
Gross Margin
36.7%
Operating Margin
17.3%
65.4%
Net Margin
15.8%
48.6%
Revenue YoY
52.1%
4.8%
Net Profit YoY
115.0%
EPS (diluted)
$1.37
$1.93

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
L
L
Q1 26
$458.6M
Q4 25
$384.0M
$827.0M
Q3 25
$328.6M
$732.0M
Q2 25
$297.5M
$769.0M
Q1 25
$299.9M
$846.0M
Q4 24
$297.5M
$789.0M
Q3 24
$327.7M
$683.0M
Q2 24
$396.5M
$711.0M
Net Profit
HCC
HCC
L
L
Q1 26
$72.3M
Q4 25
$23.0M
$402.0M
Q3 25
$36.6M
$504.0M
Q2 25
$5.6M
$391.0M
Q1 25
$-8.2M
$370.0M
Q4 24
$1.1M
$187.0M
Q3 24
$41.8M
$401.0M
Q2 24
$70.7M
$369.0M
Gross Margin
HCC
HCC
L
L
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%
Operating Margin
HCC
HCC
L
L
Q1 26
17.3%
Q4 25
9.0%
65.4%
Q3 25
6.3%
94.1%
Q2 25
2.6%
70.1%
Q1 25
-5.8%
60.8%
Q4 24
-1.4%
23.8%
Q3 24
11.9%
80.5%
Q2 24
17.9%
71.3%
Net Margin
HCC
HCC
L
L
Q1 26
15.8%
Q4 25
6.0%
48.6%
Q3 25
11.1%
68.9%
Q2 25
1.9%
50.8%
Q1 25
-2.7%
43.7%
Q4 24
0.4%
23.7%
Q3 24
12.7%
58.7%
Q2 24
17.8%
51.9%
EPS (diluted)
HCC
HCC
L
L
Q1 26
$1.37
Q4 25
$0.43
$1.93
Q3 25
$0.70
$2.43
Q2 25
$0.11
$1.87
Q1 25
$-0.16
$1.74
Q4 24
$0.02
$0.87
Q3 24
$0.80
$1.82
Q2 24
$1.35
$1.67

Balance Sheet & Financial Strength

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

Metric
HCC
HCC
L
L
Cash + ST InvestmentsLiquidity on hand
$233.2M
$6.0B
Total DebtLower is stronger
$154.4M
$8.4B
Stockholders' EquityBook value
$18.7B
Total Assets
$2.8B
$86.3B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCC
HCC
L
L
Q1 26
$233.2M
Q4 25
$300.0M
$6.0B
Q3 25
$336.3M
$5.4B
Q2 25
$383.3M
$4.5B
Q1 25
$454.9M
$4.4B
Q4 24
$491.5M
$4.6B
Q3 24
$583.2M
$5.2B
Q2 24
$709.0M
$4.9B
Total Debt
HCC
HCC
L
L
Q1 26
$154.4M
Q4 25
$154.3M
$8.4B
Q3 25
$154.1M
$8.4B
Q2 25
$153.9M
$7.9B
Q1 25
$153.8M
$8.4B
Q4 24
$153.6M
$8.9B
Q3 24
$153.5M
$8.8B
Q2 24
$153.3M
$8.6B
Stockholders' Equity
HCC
HCC
L
L
Q1 26
Q4 25
$2.1B
$18.7B
Q3 25
$2.1B
$18.3B
Q2 25
$2.1B
$17.5B
Q1 25
$2.1B
$17.2B
Q4 24
$2.1B
$17.1B
Q3 24
$2.1B
$17.4B
Q2 24
$2.0B
$16.4B
Total Assets
HCC
HCC
L
L
Q1 26
$2.8B
Q4 25
$2.8B
$86.3B
Q3 25
$2.7B
$85.9B
Q2 25
$2.6B
$84.7B
Q1 25
$2.6B
$83.1B
Q4 24
$2.6B
$81.9B
Q3 24
$2.6B
$83.6B
Q2 24
$2.6B
$81.1B
Debt / Equity
HCC
HCC
L
L
Q1 26
Q4 25
0.07×
0.45×
Q3 25
0.07×
0.46×
Q2 25
0.07×
0.45×
Q1 25
0.07×
0.49×
Q4 24
0.07×
0.52×
Q3 24
0.07×
0.51×
Q2 24
0.07×
0.52×

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
L
L
Operating Cash FlowLast quarter
$617.0M
Free Cash FlowOCF − Capex
$426.0M
FCF MarginFCF / Revenue
51.5%
Capex IntensityCapex / Revenue
23.1%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters
$2.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCC
HCC
L
L
Q1 26
Q4 25
$76.1M
$617.0M
Q3 25
$104.7M
$920.0M
Q2 25
$37.5M
$1.0B
Q1 25
$10.9M
$736.0M
Q4 24
$54.2M
$941.0M
Q3 24
$62.2M
$934.0M
Q2 24
$147.0M
$952.0M
Free Cash Flow
HCC
HCC
L
L
Q1 26
Q4 25
$426.0M
Q3 25
$764.0M
Q2 25
$872.0M
Q1 25
$638.0M
Q4 24
$767.0M
Q3 24
$794.0M
Q2 24
$793.0M
FCF Margin
HCC
HCC
L
L
Q1 26
Q4 25
51.5%
Q3 25
104.4%
Q2 25
113.4%
Q1 25
75.4%
Q4 24
97.2%
Q3 24
116.3%
Q2 24
111.5%
Capex Intensity
HCC
HCC
L
L
Q1 26
Q4 25
23.1%
Q3 25
21.3%
Q2 25
17.4%
Q1 25
11.6%
Q4 24
22.1%
Q3 24
20.5%
Q2 24
22.4%
Cash Conversion
HCC
HCC
L
L
Q1 26
Q4 25
3.31×
1.53×
Q3 25
2.86×
1.83×
Q2 25
6.70×
2.57×
Q1 25
1.99×
Q4 24
47.68×
5.03×
Q3 24
1.49×
2.33×
Q2 24
2.08×
2.58×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCC
HCC

Sales$448.5M98%
Other revenues$10.1M2%

L
L

Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services$601.0M73%
Lodging And Related Services$226.0M27%

Related Comparisons