vs
Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and Ralliant Corp (RAL). Click either name above to swap in a different company.
Ralliant Corp is the larger business by last-quarter revenue ($529.1M vs $384.0M, roughly 1.4× WARRIOR MET COAL, INC.). Ralliant Corp runs the higher net margin — 7.5% vs 6.0%, a 1.6% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (29.1% vs -0.5%).
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.
HCC vs RAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $384.0M | $529.1M |
| Net Profit | $23.0M | $39.9M |
| Gross Margin | 29.5% | 50.8% |
| Operating Margin | 9.0% | 9.8% |
| Net Margin | 6.0% | 7.5% |
| Revenue YoY | 29.1% | -0.5% |
| Net Profit YoY | 1919.5% | -56.1% |
| EPS (diluted) | $0.43 | $0.35 |
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.
| Q4 25 | $384.0M | — | ||
| Q3 25 | $328.6M | $529.1M | ||
| Q2 25 | $297.5M | $503.3M | ||
| Q1 25 | $299.9M | — | ||
| Q4 24 | $297.5M | — | ||
| Q3 24 | $327.7M | $531.7M | ||
| Q2 24 | $396.5M | $533.7M | ||
| Q1 24 | $503.5M | — |
| Q4 25 | $23.0M | — | ||
| Q3 25 | $36.6M | $39.9M | ||
| Q2 25 | $5.6M | $47.6M | ||
| Q1 25 | $-8.2M | — | ||
| Q4 24 | $1.1M | — | ||
| Q3 24 | $41.8M | $90.9M | ||
| Q2 24 | $70.7M | $64.8M | ||
| Q1 24 | $137.0M | — |
| Q4 25 | 29.5% | — | ||
| Q3 25 | 27.1% | 50.8% | ||
| Q2 25 | 23.9% | 49.3% | ||
| Q1 25 | 18.1% | — | ||
| Q4 24 | 23.1% | — | ||
| Q3 24 | 29.3% | 52.6% | ||
| Q2 24 | 34.1% | 51.5% | ||
| Q1 24 | 43.3% | — |
| Q4 25 | 9.0% | — | ||
| Q3 25 | 6.3% | 9.8% | ||
| Q2 25 | 2.6% | 11.7% | ||
| Q1 25 | -5.8% | — | ||
| Q4 24 | -1.4% | — | ||
| Q3 24 | 11.9% | 20.9% | ||
| Q2 24 | 17.9% | 19.7% | ||
| Q1 24 | 29.6% | — |
| Q4 25 | 6.0% | — | ||
| Q3 25 | 11.1% | 7.5% | ||
| Q2 25 | 1.9% | 9.5% | ||
| Q1 25 | -2.7% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 12.7% | 17.1% | ||
| Q2 24 | 17.8% | 12.1% | ||
| Q1 24 | 27.2% | — |
| Q4 25 | $0.43 | — | ||
| Q3 25 | $0.70 | $0.35 | ||
| Q2 25 | $0.11 | $0.42 | ||
| Q1 25 | $-0.16 | — | ||
| Q4 24 | $0.02 | — | ||
| Q3 24 | $0.80 | $0.81 | ||
| Q2 24 | $1.35 | $0.57 | ||
| Q1 24 | $2.62 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $300.0M | $264.2M |
| Total DebtLower is stronger | $154.3M | $1.1B |
| Stockholders' EquityBook value | $2.1B | $3.0B |
| Total Assets | $2.8B | $5.3B |
| Debt / EquityLower = less leverage | 0.07× | 0.39× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $300.0M | — | ||
| Q3 25 | $336.3M | $264.2M | ||
| Q2 25 | $383.3M | $198.6M | ||
| Q1 25 | $454.9M | — | ||
| Q4 24 | $491.5M | — | ||
| Q3 24 | $583.2M | — | ||
| Q2 24 | $709.0M | — | ||
| Q1 24 | $693.9M | — |
| Q4 25 | $154.3M | — | ||
| Q3 25 | $154.1M | $1.1B | ||
| Q2 25 | $153.9M | $1.1B | ||
| Q1 25 | $153.8M | — | ||
| Q4 24 | $153.6M | — | ||
| Q3 24 | $153.5M | — | ||
| Q2 24 | $153.3M | — | ||
| Q1 24 | $153.2M | — |
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | $3.0B | ||
| Q2 25 | $2.1B | $3.0B | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | $4.0B | ||
| Q2 24 | $2.0B | $4.0B | ||
| Q1 24 | $2.0B | — |
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | $5.3B | ||
| Q2 25 | $2.6B | $5.2B | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.6B | — | ||
| Q1 24 | $2.5B | — |
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.07× | 0.39× | ||
| Q2 25 | 0.07× | 0.38× | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.07× | — | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 0.07× | — | ||
| Q1 24 | 0.08× | — |
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 | $76.1M | $138.6M |
| Free Cash FlowOCF − Capex | — | $126.6M |
| FCF MarginFCF / Revenue | — | 23.9% |
| Capex IntensityCapex / Revenue | — | 2.3% |
| Cash ConversionOCF / Net Profit | 3.31× | 3.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $76.1M | — | ||
| Q3 25 | $104.7M | $138.6M | ||
| Q2 25 | $37.5M | — | ||
| Q1 25 | $10.9M | — | ||
| Q4 24 | $54.2M | — | ||
| Q3 24 | $62.2M | — | ||
| Q2 24 | $147.0M | — | ||
| Q1 24 | $104.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $126.6M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 23.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 3.31× | — | ||
| Q3 25 | 2.86× | 3.47× | ||
| Q2 25 | 6.70× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.68× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 2.08× | — | ||
| Q1 24 | 0.76× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCC
| Mining Segment | $373.6M | 97% |
| Other | $10.4M | 3% |
RAL
| Industrial Manufacturing | $111.1M | 21% |
| Defense And Space | $93.6M | 18% |
| Diversified Electronics | $91.0M | 17% |
| Test And Measurement | $76.8M | 15% |
| Communications | $60.7M | 11% |
| Semiconductors | $51.4M | 10% |
| Other Direct End Markets | $44.4M | 8% |
