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Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and TRIMAS CORP (TRS). 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 $256.5M, roughly 1.8× TRIMAS CORP). TRIMAS CORP runs the higher net margin — 31.9% vs 15.8%, a 16.1% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 3.8%). Over the past eight quarters, WARRIOR MET COAL, INC.'s revenue compounded faster (7.5% CAGR vs 3.3%).
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.
Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.
HCC vs TRS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $458.6M | $256.5M |
| Net Profit | $72.3M | $81.7M |
| Gross Margin | 36.7% | 12.8% |
| Operating Margin | 17.3% | 5.7% |
| Net Margin | 15.8% | 31.9% |
| Revenue YoY | 52.1% | 3.8% |
| Net Profit YoY | — | 236.9% |
| EPS (diluted) | $1.37 | $2.03 |
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 | $256.5M | ||
| Q4 25 | $384.0M | $-140.0M | ||
| Q3 25 | $328.6M | $269.3M | ||
| Q2 25 | $297.5M | $274.8M | ||
| Q1 25 | $299.9M | $241.7M | ||
| Q4 24 | $297.5M | $-66.2M | ||
| Q3 24 | $327.7M | $229.4M | ||
| Q2 24 | $396.5M | $240.5M |
| Q1 26 | $72.3M | $81.7M | ||
| Q4 25 | $23.0M | $81.7M | ||
| Q3 25 | $36.6M | $9.3M | ||
| Q2 25 | $5.6M | $16.7M | ||
| Q1 25 | $-8.2M | $12.4M | ||
| Q4 24 | $1.1M | $5.6M | ||
| Q3 24 | $41.8M | $2.5M | ||
| Q2 24 | $70.7M | $10.9M |
| Q1 26 | 36.7% | 12.8% | ||
| Q4 25 | 29.5% | — | ||
| Q3 25 | 27.1% | 12.8% | ||
| Q2 25 | 23.9% | 13.8% | ||
| Q1 25 | 18.1% | 13.6% | ||
| Q4 24 | 23.1% | — | ||
| Q3 24 | 29.3% | 15.4% | ||
| Q2 24 | 34.1% | 14.4% |
| Q1 26 | 17.3% | 5.7% | ||
| Q4 25 | 9.0% | — | ||
| Q3 25 | 6.3% | 6.2% | ||
| Q2 25 | 2.6% | 9.9% | ||
| Q1 25 | -5.8% | 9.0% | ||
| Q4 24 | -1.4% | — | ||
| Q3 24 | 11.9% | 3.6% | ||
| Q2 24 | 17.9% | 7.4% |
| Q1 26 | 15.8% | 31.9% | ||
| Q4 25 | 6.0% | -58.4% | ||
| Q3 25 | 11.1% | 3.5% | ||
| Q2 25 | 1.9% | 6.1% | ||
| Q1 25 | -2.7% | 5.1% | ||
| Q4 24 | 0.4% | -8.5% | ||
| Q3 24 | 12.7% | 1.1% | ||
| Q2 24 | 17.8% | 4.5% |
| Q1 26 | $1.37 | $2.03 | ||
| Q4 25 | $0.43 | $2.01 | ||
| Q3 25 | $0.70 | $0.23 | ||
| Q2 25 | $0.11 | $0.41 | ||
| Q1 25 | $-0.16 | $0.30 | ||
| Q4 24 | $0.02 | $0.14 | ||
| Q3 24 | $0.80 | $0.06 | ||
| Q2 24 | $1.35 | $0.27 |
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 | $30.0M |
| Total DebtLower is stronger | $154.4M | — |
| Stockholders' EquityBook value | — | $705.6M |
| Total Assets | $2.8B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $233.2M | $30.0M | ||
| Q4 25 | $300.0M | $30.0M | ||
| Q3 25 | $336.3M | $33.6M | ||
| Q2 25 | $383.3M | $30.3M | ||
| Q1 25 | $454.9M | $32.7M | ||
| Q4 24 | $491.5M | $23.1M | ||
| Q3 24 | $583.2M | $26.9M | ||
| Q2 24 | $709.0M | $35.0M |
| Q1 26 | $154.4M | — | ||
| Q4 25 | $154.3M | $469.2M | ||
| Q3 25 | $154.1M | $407.1M | ||
| Q2 25 | $153.9M | $424.5M | ||
| Q1 25 | $153.8M | $434.2M | ||
| Q4 24 | $153.6M | $398.1M | ||
| Q3 24 | $153.5M | $409.9M | ||
| Q2 24 | $153.3M | $427.4M |
| Q1 26 | — | $705.6M | ||
| Q4 25 | $2.1B | $705.6M | ||
| Q3 25 | $2.1B | $725.0M | ||
| Q2 25 | $2.1B | $715.3M | ||
| Q1 25 | $2.1B | $686.6M | ||
| Q4 24 | $2.1B | $667.3M | ||
| Q3 24 | $2.1B | $682.8M | ||
| Q2 24 | $2.0B | $675.9M |
| Q1 26 | $2.8B | $1.5B | ||
| Q4 25 | $2.8B | $1.5B | ||
| Q3 25 | $2.7B | $1.4B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.6B | $1.4B | ||
| Q4 24 | $2.6B | $1.3B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $2.6B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | 0.66× | ||
| Q3 25 | 0.07× | 0.56× | ||
| Q2 25 | 0.07× | 0.59× | ||
| Q1 25 | 0.07× | 0.63× | ||
| Q4 24 | 0.07× | 0.60× | ||
| Q3 24 | 0.07× | 0.60× | ||
| Q2 24 | 0.07× | 0.63× |
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 | — | $117.5M |
| Free Cash FlowOCF − Capex | — | $36.8M |
| FCF MarginFCF / Revenue | — | 14.4% |
| Capex IntensityCapex / Revenue | — | 18.9% |
| Cash ConversionOCF / Net Profit | — | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $109.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $117.5M | ||
| Q4 25 | $76.1M | $41.5M | ||
| Q3 25 | $104.7M | $36.5M | ||
| Q2 25 | $37.5M | $30.3M | ||
| Q1 25 | $10.9M | $9.2M | ||
| Q4 24 | $54.2M | $27.1M | ||
| Q3 24 | $62.2M | $22.0M | ||
| Q2 24 | $147.0M | $18.4M |
| Q1 26 | — | $36.8M | ||
| Q4 25 | — | $36.8M | ||
| Q3 25 | — | $22.8M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $-3.8M | ||
| Q4 24 | — | $12.1M | ||
| Q3 24 | — | $10.2M | ||
| Q2 24 | — | $7.5M |
| Q1 26 | — | 14.4% | ||
| Q4 25 | — | -26.3% | ||
| Q3 25 | — | 8.5% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | -1.6% | ||
| Q4 24 | — | -18.3% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 3.1% |
| Q1 26 | — | 18.9% | ||
| Q4 25 | — | -3.4% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | -22.6% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 4.5% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | 3.31× | 0.51× | ||
| Q3 25 | 2.86× | 3.92× | ||
| Q2 25 | 6.70× | 1.81× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | 47.68× | 4.80× | ||
| Q3 24 | 1.49× | 8.71× | ||
| Q2 24 | 2.08× | 1.68× |
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% |
TRS
Segment breakdown not available.
