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Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and Noble Corp plc (NE). Click either name above to swap in a different company.
Noble Corp plc is the larger business by last-quarter revenue ($764.4M vs $458.6M, roughly 1.7× WARRIOR MET COAL, INC.). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs 11.3%, a 4.4% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs -17.6%). Over the past eight quarters, Noble Corp plc's revenue compounded faster (9.5% 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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
HCC vs NE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $458.6M | $764.4M |
| Net Profit | $72.3M | $86.6M |
| Gross Margin | 36.7% | — |
| Operating Margin | 17.3% | 5.6% |
| Net Margin | 15.8% | 11.3% |
| Revenue YoY | 52.1% | -17.6% |
| Net Profit YoY | — | -10.4% |
| EPS (diluted) | $1.37 | $0.54 |
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 | $764.4M | ||
| Q3 25 | $328.6M | $798.0M | ||
| Q2 25 | $297.5M | $848.7M | ||
| Q1 25 | $299.9M | $874.5M | ||
| Q4 24 | $297.5M | $927.3M | ||
| Q3 24 | $327.7M | $800.5M | ||
| Q2 24 | $396.5M | $692.8M |
| Q1 26 | $72.3M | — | ||
| Q4 25 | $23.0M | $86.6M | ||
| Q3 25 | $36.6M | $-21.1M | ||
| Q2 25 | $5.6M | $42.9M | ||
| Q1 25 | $-8.2M | $108.3M | ||
| Q4 24 | $1.1M | $96.6M | ||
| Q3 24 | $41.8M | $61.2M | ||
| Q2 24 | $70.7M | $195.0M |
| 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 | 9.0% | 5.6% | ||
| Q3 25 | 6.3% | 6.3% | ||
| Q2 25 | 2.6% | 15.9% | ||
| Q1 25 | -5.8% | 21.4% | ||
| Q4 24 | -1.4% | 18.4% | ||
| Q3 24 | 11.9% | 14.4% | ||
| Q2 24 | 17.9% | 30.3% |
| Q1 26 | 15.8% | — | ||
| Q4 25 | 6.0% | 11.3% | ||
| Q3 25 | 11.1% | -2.6% | ||
| Q2 25 | 1.9% | 5.1% | ||
| Q1 25 | -2.7% | 12.4% | ||
| Q4 24 | 0.4% | 10.4% | ||
| Q3 24 | 12.7% | 7.6% | ||
| Q2 24 | 17.8% | 28.1% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $0.43 | $0.54 | ||
| Q3 25 | $0.70 | $-0.13 | ||
| Q2 25 | $0.11 | $0.27 | ||
| Q1 25 | $-0.16 | $0.67 | ||
| Q4 24 | $0.02 | $0.56 | ||
| Q3 24 | $0.80 | $0.40 | ||
| Q2 24 | $1.35 | $1.34 |
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 | $471.4M |
| Total DebtLower is stronger | $154.4M | — |
| Stockholders' EquityBook value | — | $4.5B |
| Total Assets | $2.8B | $7.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $233.2M | — | ||
| Q4 25 | $300.0M | $471.4M | ||
| Q3 25 | $336.3M | $477.9M | ||
| Q2 25 | $383.3M | $338.2M | ||
| Q1 25 | $454.9M | $303.8M | ||
| Q4 24 | $491.5M | $247.3M | ||
| Q3 24 | $583.2M | $391.9M | ||
| Q2 24 | $709.0M | $162.9M |
| Q1 26 | $154.4M | — | ||
| Q4 25 | $154.3M | — | ||
| Q3 25 | $154.1M | — | ||
| Q2 25 | $153.9M | — | ||
| Q1 25 | $153.8M | — | ||
| Q4 24 | $153.6M | — | ||
| Q3 24 | $153.5M | — | ||
| Q2 24 | $153.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $4.5B | ||
| Q3 25 | $2.1B | $4.5B | ||
| Q2 25 | $2.1B | $4.6B | ||
| Q1 25 | $2.1B | $4.7B | ||
| Q4 24 | $2.1B | $4.7B | ||
| Q3 24 | $2.1B | $4.7B | ||
| Q2 24 | $2.0B | $4.0B |
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | $7.5B | ||
| Q3 25 | $2.7B | $7.6B | ||
| Q2 25 | $2.6B | $7.7B | ||
| Q1 25 | $2.6B | $7.9B | ||
| Q4 24 | $2.6B | $8.0B | ||
| Q3 24 | $2.6B | $8.0B | ||
| Q2 24 | $2.6B | $5.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.07× | — | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 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 | — | $187.1M |
| Free Cash FlowOCF − Capex | — | $35.4M |
| FCF MarginFCF / Revenue | — | 4.6% |
| Capex IntensityCapex / Revenue | — | 19.9% |
| Cash ConversionOCF / Net Profit | — | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | — | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $76.1M | $187.1M | ||
| Q3 25 | $104.7M | $277.1M | ||
| Q2 25 | $37.5M | $216.4M | ||
| Q1 25 | $10.9M | $271.1M | ||
| Q4 24 | $54.2M | $136.2M | ||
| Q3 24 | $62.2M | $283.8M | ||
| Q2 24 | $147.0M | $106.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $35.4M | ||
| Q3 25 | — | $139.5M | ||
| Q2 25 | — | $99.8M | ||
| Q1 25 | — | $157.5M | ||
| Q4 24 | — | $-4.4M | ||
| Q3 24 | — | $156.8M | ||
| Q2 24 | — | $-34.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 18.0% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 19.6% | ||
| Q2 24 | — | -4.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 13.7% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | — | 15.9% | ||
| Q2 24 | — | 20.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.31× | 2.16× | ||
| Q3 25 | 2.86× | — | ||
| Q2 25 | 6.70× | 5.05× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | 47.68× | 1.41× | ||
| Q3 24 | 1.49× | 4.64× | ||
| Q2 24 | 2.08× | 0.55× |
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
