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

Paycom is the larger business by last-quarter revenue ($544.3M vs $458.6M, roughly 1.2× WARRIOR MET COAL, INC.). Paycom runs the higher net margin — 20.9% vs 15.8%, a 5.1% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 10.2%). Over the past eight quarters, WARRIOR MET COAL, INC.'s revenue compounded faster (7.5% CAGR vs 4.3%).

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.

Paycom Software, Inc., known simply as Paycom, is an online payroll and human resource software provider based in Oklahoma City, Oklahoma with offices throughout the United States. It is attributed with being one of the first fully online payroll providers. Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.

HCC vs PAYC — Head-to-Head

Bigger by revenue
PAYC
PAYC
1.2× larger
PAYC
$544.3M
$458.6M
HCC
Growing faster (revenue YoY)
HCC
HCC
+41.8% gap
HCC
52.1%
10.2%
PAYC
Higher net margin
PAYC
PAYC
5.1% more per $
PAYC
20.9%
15.8%
HCC
Faster 2-yr revenue CAGR
HCC
HCC
Annualised
HCC
7.5%
4.3%
PAYC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HCC
HCC
PAYC
PAYC
Revenue
$458.6M
$544.3M
Net Profit
$72.3M
$113.8M
Gross Margin
36.7%
83.9%
Operating Margin
17.3%
28.9%
Net Margin
15.8%
20.9%
Revenue YoY
52.1%
10.2%
Net Profit YoY
0.2%
EPS (diluted)
$1.37
$2.06

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
PAYC
PAYC
Q1 26
$458.6M
Q4 25
$384.0M
$544.3M
Q3 25
$328.6M
$493.3M
Q2 25
$297.5M
$483.6M
Q1 25
$299.9M
$530.5M
Q4 24
$297.5M
$493.9M
Q3 24
$327.7M
$451.9M
Q2 24
$396.5M
$437.5M
Net Profit
HCC
HCC
PAYC
PAYC
Q1 26
$72.3M
Q4 25
$23.0M
$113.8M
Q3 25
$36.6M
$110.7M
Q2 25
$5.6M
$89.5M
Q1 25
$-8.2M
$139.4M
Q4 24
$1.1M
$113.6M
Q3 24
$41.8M
$73.3M
Q2 24
$70.7M
$68.0M
Gross Margin
HCC
HCC
PAYC
PAYC
Q1 26
36.7%
Q4 25
29.5%
83.9%
Q3 25
27.1%
82.7%
Q2 25
23.9%
81.9%
Q1 25
18.1%
84.1%
Q4 24
23.1%
83.1%
Q3 24
29.3%
80.5%
Q2 24
34.1%
80.8%
Operating Margin
HCC
HCC
PAYC
PAYC
Q1 26
17.3%
Q4 25
9.0%
28.9%
Q3 25
6.3%
22.8%
Q2 25
2.6%
23.2%
Q1 25
-5.8%
34.9%
Q4 24
-1.4%
30.1%
Q3 24
11.9%
23.2%
Q2 24
17.9%
21.7%
Net Margin
HCC
HCC
PAYC
PAYC
Q1 26
15.8%
Q4 25
6.0%
20.9%
Q3 25
11.1%
22.4%
Q2 25
1.9%
18.5%
Q1 25
-2.7%
26.3%
Q4 24
0.4%
23.0%
Q3 24
12.7%
16.2%
Q2 24
17.8%
15.5%
EPS (diluted)
HCC
HCC
PAYC
PAYC
Q1 26
$1.37
Q4 25
$0.43
$2.06
Q3 25
$0.70
$1.96
Q2 25
$0.11
$1.58
Q1 25
$-0.16
$2.48
Q4 24
$0.02
$2.04
Q3 24
$0.80
$1.31
Q2 24
$1.35
$1.20

Balance Sheet & Financial Strength

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

Metric
HCC
HCC
PAYC
PAYC
Cash + ST InvestmentsLiquidity on hand
$233.2M
$370.0M
Total DebtLower is stronger
$154.4M
Stockholders' EquityBook value
$1.7B
Total Assets
$2.8B
$7.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCC
HCC
PAYC
PAYC
Q1 26
$233.2M
Q4 25
$300.0M
$370.0M
Q3 25
$336.3M
$375.0M
Q2 25
$383.3M
$532.2M
Q1 25
$454.9M
$520.8M
Q4 24
$491.5M
$402.0M
Q3 24
$583.2M
$325.8M
Q2 24
$709.0M
$346.5M
Total Debt
HCC
HCC
PAYC
PAYC
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
Stockholders' Equity
HCC
HCC
PAYC
PAYC
Q1 26
Q4 25
$2.1B
$1.7B
Q3 25
$2.1B
$1.7B
Q2 25
$2.1B
$1.8B
Q1 25
$2.1B
$1.7B
Q4 24
$2.1B
$1.6B
Q3 24
$2.1B
$1.5B
Q2 24
$2.0B
$1.4B
Total Assets
HCC
HCC
PAYC
PAYC
Q1 26
$2.8B
Q4 25
$2.8B
$7.6B
Q3 25
$2.7B
$4.2B
Q2 25
$2.6B
$4.0B
Q1 25
$2.6B
$4.6B
Q4 24
$2.6B
$5.9B
Q3 24
$2.6B
$3.5B
Q2 24
$2.6B
$4.3B
Debt / Equity
HCC
HCC
PAYC
PAYC
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
HCC
HCC
PAYC
PAYC
Operating Cash FlowLast quarter
$196.1M
Free Cash FlowOCF − Capex
$122.6M
FCF MarginFCF / Revenue
22.5%
Capex IntensityCapex / Revenue
13.5%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$408.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCC
HCC
PAYC
PAYC
Q1 26
Q4 25
$76.1M
$196.1M
Q3 25
$104.7M
$177.8M
Q2 25
$37.5M
$122.5M
Q1 25
$10.9M
$182.5M
Q4 24
$54.2M
$160.4M
Q3 24
$62.2M
$92.8M
Q2 24
$147.0M
$132.1M
Free Cash Flow
HCC
HCC
PAYC
PAYC
Q1 26
Q4 25
$122.6M
Q3 25
$79.8M
Q2 25
$60.8M
Q1 25
$144.8M
Q4 24
$109.0M
Q3 24
$44.6M
Q2 24
$86.5M
FCF Margin
HCC
HCC
PAYC
PAYC
Q1 26
Q4 25
22.5%
Q3 25
16.2%
Q2 25
12.6%
Q1 25
27.3%
Q4 24
22.1%
Q3 24
9.9%
Q2 24
19.8%
Capex Intensity
HCC
HCC
PAYC
PAYC
Q1 26
Q4 25
13.5%
Q3 25
19.9%
Q2 25
12.8%
Q1 25
7.1%
Q4 24
10.4%
Q3 24
10.7%
Q2 24
10.4%
Cash Conversion
HCC
HCC
PAYC
PAYC
Q1 26
Q4 25
3.31×
1.72×
Q3 25
2.86×
1.61×
Q2 25
6.70×
1.37×
Q1 25
1.31×
Q4 24
47.68×
1.41×
Q3 24
1.49×
1.27×
Q2 24
2.08×
1.94×

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%

PAYC
PAYC

Recurring$510.3M94%
Interest On Funds Held For Clients$27.2M5%
Implementation And Other$6.8M1%

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