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Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $458.6M, roughly 1.6× WARRIOR MET COAL, INC.). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs 4.4%, a 11.4% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 15.0%). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% 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.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

HCC vs NVST — Head-to-Head

Bigger by revenue
NVST
NVST
1.6× larger
NVST
$750.6M
$458.6M
HCC
Growing faster (revenue YoY)
HCC
HCC
+37.1% gap
HCC
52.1%
15.0%
NVST
Higher net margin
HCC
HCC
11.4% more per $
HCC
15.8%
4.4%
NVST
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
7.5%
HCC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HCC
HCC
NVST
NVST
Revenue
$458.6M
$750.6M
Net Profit
$72.3M
$32.9M
Gross Margin
36.7%
54.7%
Operating Margin
17.3%
9.8%
Net Margin
15.8%
4.4%
Revenue YoY
52.1%
15.0%
Net Profit YoY
2641.7%
EPS (diluted)
$1.37
$0.20

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
NVST
NVST
Q1 26
$458.6M
Q4 25
$384.0M
$750.6M
Q3 25
$328.6M
$669.9M
Q2 25
$297.5M
$682.1M
Q1 25
$299.9M
$616.9M
Q4 24
$297.5M
$652.9M
Q3 24
$327.7M
$601.0M
Q2 24
$396.5M
$633.1M
Net Profit
HCC
HCC
NVST
NVST
Q1 26
$72.3M
Q4 25
$23.0M
$32.9M
Q3 25
$36.6M
$-30.3M
Q2 25
$5.6M
$26.4M
Q1 25
$-8.2M
$18.0M
Q4 24
$1.1M
$1.2M
Q3 24
$41.8M
$8.2M
Q2 24
$70.7M
$-1.2B
Gross Margin
HCC
HCC
NVST
NVST
Q1 26
36.7%
Q4 25
29.5%
54.7%
Q3 25
27.1%
55.3%
Q2 25
23.9%
54.2%
Q1 25
18.1%
54.5%
Q4 24
23.1%
57.1%
Q3 24
29.3%
52.8%
Q2 24
34.1%
51.6%
Operating Margin
HCC
HCC
NVST
NVST
Q1 26
17.3%
Q4 25
9.0%
9.8%
Q3 25
6.3%
8.6%
Q2 25
2.6%
6.8%
Q1 25
-5.8%
6.3%
Q4 24
-1.4%
7.1%
Q3 24
11.9%
3.5%
Q2 24
17.9%
-182.2%
Net Margin
HCC
HCC
NVST
NVST
Q1 26
15.8%
Q4 25
6.0%
4.4%
Q3 25
11.1%
-4.5%
Q2 25
1.9%
3.9%
Q1 25
-2.7%
2.9%
Q4 24
0.4%
0.2%
Q3 24
12.7%
1.4%
Q2 24
17.8%
-181.9%
EPS (diluted)
HCC
HCC
NVST
NVST
Q1 26
$1.37
Q4 25
$0.43
$0.20
Q3 25
$0.70
$-0.18
Q2 25
$0.11
$0.16
Q1 25
$-0.16
$0.10
Q4 24
$0.02
$0.00
Q3 24
$0.80
$0.05
Q2 24
$1.35
$-6.69

Balance Sheet & Financial Strength

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

Metric
HCC
HCC
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$233.2M
$1.2B
Total DebtLower is stronger
$154.4M
$1.4B
Stockholders' EquityBook value
$3.1B
Total Assets
$2.8B
$5.7B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCC
HCC
NVST
NVST
Q1 26
$233.2M
Q4 25
$300.0M
$1.2B
Q3 25
$336.3M
$1.1B
Q2 25
$383.3M
$1.1B
Q1 25
$454.9M
$1.1B
Q4 24
$491.5M
$1.1B
Q3 24
$583.2M
$991.3M
Q2 24
$709.0M
$1.0B
Total Debt
HCC
HCC
NVST
NVST
Q1 26
$154.4M
Q4 25
$154.3M
$1.4B
Q3 25
$154.1M
$1.4B
Q2 25
$153.9M
$1.4B
Q1 25
$153.8M
$1.4B
Q4 24
$153.6M
$1.4B
Q3 24
$153.5M
$1.4B
Q2 24
$153.3M
$1.5B
Stockholders' Equity
HCC
HCC
NVST
NVST
Q1 26
Q4 25
$2.1B
$3.1B
Q3 25
$2.1B
$3.1B
Q2 25
$2.1B
$3.1B
Q1 25
$2.1B
$3.0B
Q4 24
$2.1B
$2.9B
Q3 24
$2.1B
$3.1B
Q2 24
$2.0B
$3.0B
Total Assets
HCC
HCC
NVST
NVST
Q1 26
$2.8B
Q4 25
$2.8B
$5.7B
Q3 25
$2.7B
$5.6B
Q2 25
$2.6B
$5.7B
Q1 25
$2.6B
$5.5B
Q4 24
$2.6B
$5.4B
Q3 24
$2.6B
$5.5B
Q2 24
$2.6B
$5.4B
Debt / Equity
HCC
HCC
NVST
NVST
Q1 26
Q4 25
0.07×
0.47×
Q3 25
0.07×
0.47×
Q2 25
0.07×
0.46×
Q1 25
0.07×
0.47×
Q4 24
0.07×
0.48×
Q3 24
0.07×
0.46×
Q2 24
0.07×
0.51×

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
NVST
NVST
Operating Cash FlowLast quarter
$108.0M
Free Cash FlowOCF − Capex
$91.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCC
HCC
NVST
NVST
Q1 26
Q4 25
$76.1M
$108.0M
Q3 25
$104.7M
$78.7M
Q2 25
$37.5M
$88.7M
Q1 25
$10.9M
$300.0K
Q4 24
$54.2M
$132.4M
Q3 24
$62.2M
$70.7M
Q2 24
$147.0M
$93.1M
Free Cash Flow
HCC
HCC
NVST
NVST
Q1 26
Q4 25
$91.7M
Q3 25
$67.9M
Q2 25
$76.4M
Q1 25
$-5.6M
Q4 24
$123.8M
Q3 24
$63.3M
Q2 24
$86.3M
FCF Margin
HCC
HCC
NVST
NVST
Q1 26
Q4 25
12.2%
Q3 25
10.1%
Q2 25
11.2%
Q1 25
-0.9%
Q4 24
19.0%
Q3 24
10.5%
Q2 24
13.6%
Capex Intensity
HCC
HCC
NVST
NVST
Q1 26
Q4 25
2.2%
Q3 25
1.6%
Q2 25
1.8%
Q1 25
1.0%
Q4 24
1.3%
Q3 24
1.2%
Q2 24
1.1%
Cash Conversion
HCC
HCC
NVST
NVST
Q1 26
Q4 25
3.31×
3.28×
Q3 25
2.86×
Q2 25
6.70×
3.36×
Q1 25
0.02×
Q4 24
47.68×
110.33×
Q3 24
1.49×
8.62×
Q2 24
2.08×

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%

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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