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Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
WARRIOR MET COAL, INC. is the larger business by last-quarter revenue ($458.6M vs $385.6M, roughly 1.2× Skyward Specialty Insurance Group, Inc.). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs 11.2%, a 4.6% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 26.7%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% 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.
Skyward Specialty Insurance Group, Inc. is a specialty property and casualty insurance provider offering tailored coverage solutions including commercial auto, general liability, professional indemnity, and specialty property policies. It primarily serves small-to-medium enterprises and niche industry segments across the United States, focusing on underwriting complex, hard-to-place risks for underserved client groups.
HCC vs SKWD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $458.6M | $385.6M |
| Net Profit | $72.3M | $43.2M |
| Gross Margin | 36.7% | — |
| Operating Margin | 17.3% | 14.2% |
| Net Margin | 15.8% | 11.2% |
| Revenue YoY | 52.1% | 26.7% |
| Net Profit YoY | — | 200.1% |
| EPS (diluted) | $1.37 | $1.03 |
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 | $385.6M | ||
| Q3 25 | $328.6M | $382.5M | ||
| Q2 25 | $297.5M | $319.9M | ||
| Q1 25 | $299.9M | $328.5M | ||
| Q4 24 | $297.5M | $304.4M | ||
| Q3 24 | $327.7M | $300.9M | ||
| Q2 24 | $396.5M | $279.9M |
| Q1 26 | $72.3M | — | ||
| Q4 25 | $23.0M | $43.2M | ||
| Q3 25 | $36.6M | $45.9M | ||
| Q2 25 | $5.6M | $38.8M | ||
| Q1 25 | $-8.2M | $42.1M | ||
| Q4 24 | $1.1M | $14.4M | ||
| Q3 24 | $41.8M | $36.7M | ||
| Q2 24 | $70.7M | $31.0M |
| 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% | 14.2% | ||
| Q3 25 | 6.3% | 15.8% | ||
| Q2 25 | 2.6% | 15.6% | ||
| Q1 25 | -5.8% | 15.7% | ||
| Q4 24 | -1.4% | 6.1% | ||
| Q3 24 | 11.9% | 15.6% | ||
| Q2 24 | 17.9% | 14.4% |
| Q1 26 | 15.8% | — | ||
| Q4 25 | 6.0% | 11.2% | ||
| Q3 25 | 11.1% | 12.0% | ||
| Q2 25 | 1.9% | 12.1% | ||
| Q1 25 | -2.7% | 12.8% | ||
| Q4 24 | 0.4% | 4.7% | ||
| Q3 24 | 12.7% | 12.2% | ||
| Q2 24 | 17.8% | 11.1% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $0.43 | $1.03 | ||
| Q3 25 | $0.70 | $1.10 | ||
| Q2 25 | $0.11 | $0.93 | ||
| Q1 25 | $-0.16 | $1.01 | ||
| Q4 24 | $0.02 | $0.33 | ||
| Q3 24 | $0.80 | $0.89 | ||
| Q2 24 | $1.35 | $0.75 |
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 | $168.5M |
| Total DebtLower is stronger | $154.4M | — |
| Stockholders' EquityBook value | — | $1.0B |
| Total Assets | $2.8B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $233.2M | — | ||
| Q4 25 | $300.0M | $168.5M | ||
| Q3 25 | $336.3M | $160.1M | ||
| Q2 25 | $383.3M | $136.6M | ||
| Q1 25 | $454.9M | $112.9M | ||
| Q4 24 | $491.5M | $121.6M | ||
| Q3 24 | $583.2M | $105.6M | ||
| Q2 24 | $709.0M | $73.0M |
| 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 | $1.0B | ||
| Q3 25 | $2.1B | $961.4M | ||
| Q2 25 | $2.1B | $899.9M | ||
| Q1 25 | $2.1B | $850.7M | ||
| Q4 24 | $2.1B | $794.0M | ||
| Q3 24 | $2.1B | $797.5M | ||
| Q2 24 | $2.0B | $723.6M |
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | $4.8B | ||
| Q3 25 | $2.7B | $4.6B | ||
| Q2 25 | $2.6B | $4.3B | ||
| Q1 25 | $2.6B | $4.0B | ||
| Q4 24 | $2.6B | $3.7B | ||
| Q3 24 | $2.6B | $3.6B | ||
| Q2 24 | $2.6B | $3.4B |
| 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 | — | $408.1M |
| Free Cash FlowOCF − Capex | — | $402.6M |
| FCF MarginFCF / Revenue | — | 104.4% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $76.1M | $408.1M | ||
| Q3 25 | $104.7M | $171.4M | ||
| Q2 25 | $37.5M | $88.2M | ||
| Q1 25 | $10.9M | $96.8M | ||
| Q4 24 | $54.2M | $305.1M | ||
| Q3 24 | $62.2M | $168.0M | ||
| Q2 24 | $147.0M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $402.6M | ||
| Q3 25 | — | $168.9M | ||
| Q2 25 | — | $87.1M | ||
| Q1 25 | — | $96.6M | ||
| Q4 24 | — | $300.9M | ||
| Q3 24 | — | $167.6M | ||
| Q2 24 | — | $18.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 104.4% | ||
| Q3 25 | — | 44.2% | ||
| Q2 25 | — | 27.2% | ||
| Q1 25 | — | 29.4% | ||
| Q4 24 | — | 98.8% | ||
| Q3 24 | — | 55.7% | ||
| Q2 24 | — | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.31× | 9.44× | ||
| Q3 25 | 2.86× | 3.73× | ||
| Q2 25 | 6.70× | 2.27× | ||
| Q1 25 | — | 2.30× | ||
| Q4 24 | 47.68× | 21.18× | ||
| Q3 24 | 1.49× | 4.58× | ||
| Q2 24 | 2.08× | 0.68× |
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% |
SKWD
Segment breakdown not available.
