vs

Side-by-side financial comparison of HALLADOR ENERGY CO (HNRG) and Resolute Holdings Management, Inc. (RHLD). Click either name above to swap in a different company.

Resolute Holdings Management, Inc. is the larger business by last-quarter revenue ($117.7M vs $101.9M, roughly 1.2× HALLADOR ENERGY CO). HALLADOR ENERGY CO runs the higher net margin — -0.2% vs -1.5%, a 1.2% gap on every dollar of revenue. Resolute Holdings Management, Inc. produced more free cash flow last quarter ($189.2M vs $-16.8M).

Hallador Energy Co is a U.S.-based energy firm focused on low-sulfur coal production and electric generation operations. It serves the North American market, supplying coal to utility and industrial clients, and delivering power to regional residential and commercial segments.

Resolute Mining Limited is an Australian mining corporation focused on mining operations in Africa. It is currently operating two gold mines: the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal.

HNRG vs RHLD — Head-to-Head

Bigger by revenue
RHLD
RHLD
1.2× larger
RHLD
$117.7M
$101.9M
HNRG
Higher net margin
HNRG
HNRG
1.2% more per $
HNRG
-0.2%
-1.5%
RHLD
More free cash flow
RHLD
RHLD
$206.0M more FCF
RHLD
$189.2M
$-16.8M
HNRG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HNRG
HNRG
RHLD
RHLD
Revenue
$101.9M
$117.7M
Net Profit
$-240.0K
$-1.7M
Gross Margin
55.7%
Operating Margin
6.1%
30.2%
Net Margin
-0.2%
-1.5%
Revenue YoY
8.9%
Net Profit YoY
99.9%
EPS (diluted)
$-0.01
$-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
HNRG
HNRG
RHLD
RHLD
Q4 25
$101.9M
$117.7M
Q3 25
$146.8M
$120.9M
Q2 25
$102.9M
$119.6M
Q1 25
$117.8M
$103.9M
Q4 24
$93.6M
Q3 24
$105.2M
Q2 24
$93.8M
Q1 24
$111.6M
Net Profit
HNRG
HNRG
RHLD
RHLD
Q4 25
$-240.0K
$-1.7M
Q3 25
$23.9M
$-231.0K
Q2 25
$8.2M
$-611.0K
Q1 25
$10.0M
$-3.4M
Q4 24
$-215.8M
Q3 24
$1.6M
Q2 24
$-10.2M
Q1 24
$-1.7M
Gross Margin
HNRG
HNRG
RHLD
RHLD
Q4 25
55.7%
Q3 25
59.0%
Q2 25
57.5%
Q1 25
52.5%
Q4 24
Q3 24
Q2 24
Q1 24
23.7%
Operating Margin
HNRG
HNRG
RHLD
RHLD
Q4 25
6.1%
30.2%
Q3 25
19.8%
34.3%
Q2 25
11.5%
34.0%
Q1 25
11.8%
24.7%
Q4 24
-233.5%
Q3 24
4.5%
Q2 24
-7.8%
Q1 24
2.4%
Net Margin
HNRG
HNRG
RHLD
RHLD
Q4 25
-0.2%
-1.5%
Q3 25
16.3%
-0.2%
Q2 25
8.0%
-0.5%
Q1 25
8.5%
-3.2%
Q4 24
-230.5%
Q3 24
1.5%
Q2 24
-10.9%
Q1 24
-1.5%
EPS (diluted)
HNRG
HNRG
RHLD
RHLD
Q4 25
$-0.01
$-0.20
Q3 25
$0.55
$-0.03
Q2 25
$0.19
$-0.07
Q1 25
$0.23
$-0.39
Q4 24
$-5.44
Q3 24
$0.04
Q2 24
$-0.27
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
HNRG
HNRG
RHLD
RHLD
Cash + ST InvestmentsLiquidity on hand
$10.1M
$205.5M
Total DebtLower is stronger
$29.7M
$169.8M
Stockholders' EquityBook value
$159.8M
$6.5M
Total Assets
$408.1M
$333.4M
Debt / EquityLower = less leverage
0.19×
26.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HNRG
HNRG
RHLD
RHLD
Q4 25
$10.1M
$205.5M
Q3 25
$12.7M
$148.0M
Q2 25
$9.2M
$99.9M
Q1 25
$6.9M
$71.0M
Q4 24
$7.2M
Q3 24
$3.8M
Q2 24
$6.4M
Q1 24
$1.6M
Total Debt
HNRG
HNRG
RHLD
RHLD
Q4 25
$29.7M
$169.8M
Q3 25
$42.7M
$173.4M
Q2 25
$43.1M
$177.1M
Q1 25
$21.0M
$180.7M
Q4 24
$41.5M
Q3 24
$67.0M
Q2 24
$42.7M
Q1 24
$73.8M
Stockholders' Equity
HNRG
HNRG
RHLD
RHLD
Q4 25
$159.8M
$6.5M
Q3 25
$146.2M
$10.8M
Q2 25
$122.2M
$9.6M
Q1 25
$115.3M
$8.9M
Q4 24
$104.3M
Q3 24
$318.8M
Q2 24
$316.2M
Q1 24
$283.9M
Total Assets
HNRG
HNRG
RHLD
RHLD
Q4 25
$408.1M
$333.4M
Q3 25
$409.5M
$293.2M
Q2 25
$409.5M
$253.3M
Q1 25
$366.1M
$214.3M
Q4 24
$369.1M
Q3 24
$579.7M
Q2 24
$595.2M
Q1 24
$585.4M
Debt / Equity
HNRG
HNRG
RHLD
RHLD
Q4 25
0.19×
26.03×
Q3 25
0.29×
16.01×
Q2 25
0.35×
18.42×
Q1 25
0.18×
20.38×
Q4 24
0.40×
Q3 24
0.21×
Q2 24
0.13×
Q1 24
0.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HNRG
HNRG
RHLD
RHLD
Operating Cash FlowLast quarter
$8.2M
$196.1M
Free Cash FlowOCF − Capex
$-16.8M
$189.2M
FCF MarginFCF / Revenue
-16.5%
160.8%
Capex IntensityCapex / Revenue
24.5%
5.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$11.9M
$313.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HNRG
HNRG
RHLD
RHLD
Q4 25
$8.2M
$196.1M
Q3 25
$23.2M
$59.6M
Q2 25
$11.4M
$48.9M
Q1 25
$38.4M
$18.4M
Q4 24
$38.9M
Q3 24
$-12.9M
Q2 24
$23.5M
Q1 24
$16.4M
Free Cash Flow
HNRG
HNRG
RHLD
RHLD
Q4 25
$-16.8M
$189.2M
Q3 25
$3.7M
$58.6M
Q2 25
$-1.7M
$47.5M
Q1 25
$26.7M
$17.8M
Q4 24
$25.2M
Q3 24
$-24.5M
Q2 24
$10.4M
Q1 24
$1.5M
FCF Margin
HNRG
HNRG
RHLD
RHLD
Q4 25
-16.5%
160.8%
Q3 25
2.5%
48.5%
Q2 25
-1.6%
39.7%
Q1 25
22.7%
17.1%
Q4 24
26.9%
Q3 24
-23.3%
Q2 24
11.0%
Q1 24
1.3%
Capex Intensity
HNRG
HNRG
RHLD
RHLD
Q4 25
24.5%
5.8%
Q3 25
13.3%
0.8%
Q2 25
12.7%
1.2%
Q1 25
9.9%
0.6%
Q4 24
14.7%
Q3 24
11.0%
Q2 24
14.0%
Q1 24
13.3%
Cash Conversion
HNRG
HNRG
RHLD
RHLD
Q4 25
Q3 25
0.97×
Q2 25
1.38×
Q1 25
3.85×
Q4 24
Q3 24
-8.31×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HNRG
HNRG

Delivered Energy$58.6M57%
Coal Sales$29.1M29%
Coal Operations$14.4M14%

RHLD
RHLD

Segment breakdown not available.

Related Comparisons