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Side-by-side financial comparison of Ramaco Resources, Inc. (METC) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Ramaco Resources, Inc. is the larger business by last-quarter revenue ($121.0M vs $117.3M, roughly 1.0× Latham Group, Inc.). Latham Group, Inc. runs the higher net margin — -7.3% vs -11.0%, a 3.7% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (5.3% vs -27.7%). Over the past eight quarters, Latham Group, Inc.'s revenue compounded faster (-14.4% CAGR vs -22.7%).
Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
METC vs SWIM — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $121.0M | $117.3M |
| Net Profit | $-13.3M | $-8.5M |
| Gross Margin | 15.8% | 31.7% |
| Operating Margin | -12.0% | — |
| Net Margin | -11.0% | -7.3% |
| Revenue YoY | -27.7% | 5.3% |
| Net Profit YoY | -5468.2% | -43.1% |
| EPS (diluted) | — | $-0.07 |
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 | — | $117.3M | ||
| Q4 25 | — | $100.0M | ||
| Q3 25 | $121.0M | $161.9M | ||
| Q2 25 | $153.0M | $172.6M | ||
| Q1 25 | $134.7M | $111.4M | ||
| Q4 24 | $170.9M | $87.3M | ||
| Q3 24 | $167.4M | $150.5M | ||
| Q2 24 | $155.3M | $160.1M |
| Q1 26 | — | $-8.5M | ||
| Q4 25 | — | $-7.0M | ||
| Q3 25 | $-13.3M | $8.1M | ||
| Q2 25 | $-14.0M | $16.0M | ||
| Q1 25 | $-9.5M | $-6.0M | ||
| Q4 24 | $3.9M | $-29.2M | ||
| Q3 24 | $-239.0K | $5.9M | ||
| Q2 24 | $5.5M | $13.3M |
| Q1 26 | — | 31.7% | ||
| Q4 25 | — | 28.0% | ||
| Q3 25 | 15.8% | 35.4% | ||
| Q2 25 | 12.3% | 37.1% | ||
| Q1 25 | 15.2% | 29.5% | ||
| Q4 24 | 20.4% | 24.6% | ||
| Q3 24 | 19.5% | 32.4% | ||
| Q2 24 | 21.0% | 33.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | -10.7% | ||
| Q3 25 | -12.0% | 13.3% | ||
| Q2 25 | -9.1% | 14.3% | ||
| Q1 25 | -8.9% | -4.4% | ||
| Q4 24 | 3.7% | -14.9% | ||
| Q3 24 | 1.0% | 8.9% | ||
| Q2 24 | 3.5% | 12.5% |
| Q1 26 | — | -7.3% | ||
| Q4 25 | — | -7.0% | ||
| Q3 25 | -11.0% | 5.0% | ||
| Q2 25 | -9.1% | 9.3% | ||
| Q1 25 | -7.0% | -5.4% | ||
| Q4 24 | 2.3% | -33.4% | ||
| Q3 24 | -0.1% | 3.9% | ||
| Q2 24 | 3.6% | 8.3% |
| Q1 26 | — | $-0.07 | ||
| Q4 25 | — | $-0.06 | ||
| Q3 25 | — | $0.07 | ||
| Q2 25 | — | $0.13 | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | $0.06 | $-0.24 | ||
| Q3 24 | $-0.03 | $0.05 | ||
| Q2 24 | $0.08 | $0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $193.8M | — |
| Total DebtLower is stronger | $116.3M | $3.3M |
| Stockholders' EquityBook value | $526.9M | $396.7M |
| Total Assets | $849.7M | $856.4M |
| Debt / EquityLower = less leverage | 0.22× | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $193.8M | — | ||
| Q2 25 | $28.1M | — | ||
| Q1 25 | $43.5M | — | ||
| Q4 24 | $33.0M | — | ||
| Q3 24 | $22.9M | — | ||
| Q2 24 | $27.6M | — |
| Q1 26 | — | $3.3M | ||
| Q4 25 | — | $279.8M | ||
| Q3 25 | $116.3M | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | $88.2M | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M |
| Q1 26 | — | $396.7M | ||
| Q4 25 | — | $405.9M | ||
| Q3 25 | $526.9M | $408.4M | ||
| Q2 25 | $347.4M | $398.4M | ||
| Q1 25 | $355.2M | $381.1M | ||
| Q4 24 | $362.8M | $387.2M | ||
| Q3 24 | $361.8M | $416.6M | ||
| Q2 24 | $366.1M | $408.1M |
| Q1 26 | — | $856.4M | ||
| Q4 25 | — | $823.2M | ||
| Q3 25 | $849.7M | $844.4M | ||
| Q2 25 | $674.6M | $822.1M | ||
| Q1 25 | $685.7M | $824.6M | ||
| Q4 24 | $674.7M | $794.2M | ||
| Q3 24 | $645.4M | $853.4M | ||
| Q2 24 | $659.2M | $830.0M |
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | 0.69× | ||
| Q3 25 | 0.22× | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | 0.24× | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× |
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 | $-1.4M | $-47.7M |
| Free Cash FlowOCF − Capex | $-17.5M | — |
| FCF MarginFCF / Revenue | -14.5% | — |
| Capex IntensityCapex / Revenue | 13.3% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-24.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-47.7M | ||
| Q4 25 | — | $23.3M | ||
| Q3 25 | $-1.4M | $51.0M | ||
| Q2 25 | $-4.3M | $36.0M | ||
| Q1 25 | $26.0M | $-46.9M | ||
| Q4 24 | $15.7M | $6.2M | ||
| Q3 24 | $37.4M | $37.2M | ||
| Q2 24 | $34.4M | $52.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $14.1M | ||
| Q3 25 | $-17.5M | $45.2M | ||
| Q2 25 | $-19.8M | $29.1M | ||
| Q1 25 | $7.6M | $-50.3M | ||
| Q4 24 | $5.1M | $-98.0K | ||
| Q3 24 | $25.6M | $33.2M | ||
| Q2 24 | $20.3M | $47.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.1% | ||
| Q3 25 | -14.5% | 27.9% | ||
| Q2 25 | -13.0% | 16.8% | ||
| Q1 25 | 5.6% | -45.2% | ||
| Q4 24 | 3.0% | -0.1% | ||
| Q3 24 | 15.3% | 22.1% | ||
| Q2 24 | 13.1% | 29.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.2% | ||
| Q3 25 | 13.3% | 3.6% | ||
| Q2 25 | 10.2% | 4.0% | ||
| Q1 25 | 13.7% | 3.1% | ||
| Q4 24 | 6.2% | 7.2% | ||
| Q3 24 | 7.0% | 2.7% | ||
| Q2 24 | 9.1% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.06× | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | 6.21× | 3.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
METC
| Export Coal Revenues | $73.0M | 60% |
| Domestic Coal Revenues | $48.0M | 40% |
SWIM
Segment breakdown not available.
