# Ramaco Resources, Inc.: overview

METC · Nasdaq · CIK 1687187 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/metc.md) · [Financials](/companies/metc/financials.md) · [Filings](/companies/metc/filings.md) · [Insiders](/companies/metc/insiders.md)

Latest reported revenue: [$144.8m](/filings/0001104659-26-090902.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001104659-26-090902).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [167](/filings/0001213900-25-102891.md) | [171 d](/filings/0001104659-26-086668.md) | [135](/filings/0001104659-26-058647.md) | [153](/filings/0001104659-26-090902.md) | [121](/filings/0001213900-25-102891.md) | [128 d](/filings/0001104659-26-086668.md) | [122](/filings/0001104659-26-058647.md) | [145](/filings/0001104659-26-090902.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [1.0%](/filings/0001213900-25-102891.md) | [3.7% d](/filings/0001104659-26-086668.md) | [(8.9%)](/filings/0001104659-26-058647.md) | [(9.1%)](/filings/0001104659-26-090902.md) | [(12.0%)](/filings/0001213900-25-102891.md) | [(12.2%) d](/filings/0001104659-26-086668.md) | [(20.0%)](/filings/0001104659-26-058647.md) | [(12.6%)](/filings/0001104659-26-090902.md) |
| Net margin | % | [(0.1%)](/filings/0001213900-25-102891.md) | [2.3% d](/filings/0001104659-26-086668.md) | [(7.0%)](/filings/0001104659-26-090902.md) | [(9.1%)](/filings/0001104659-26-090902.md) | [(11.0%)](/filings/0001213900-25-102891.md) | [(11.5%) d](/filings/0001104659-26-086668.md) | [(15.1%)](/filings/0001104659-26-090902.md) | [(10.6%)](/filings/0001104659-26-090902.md) |
| Diluted EPS | $ per share | [(0.03)](/filings/0001558370-24-015069.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [283](/filings/0001558370-24-003256.md) | [566](/filings/0001558370-25-003144.md) | [694](/filings/0001104659-26-086668.md) | [666](/filings/0001104659-26-086668.md) | [537](/filings/0001104659-26-086668.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [13.9%](/filings/0001558370-24-003256.md) | [26.6%](/filings/0001558370-25-003144.md) | [13.7%](/filings/0001104659-26-086668.md) | [2.5%](/filings/0001104659-26-086668.md) | [(10.4%)](/filings/0001104659-26-086668.md) |
| Net margin | % | [14.0%](/filings/0001558370-24-003256.md) | [20.5%](/filings/0001558370-25-003144.md) | [11.9%](/filings/0001104659-26-086668.md) | [1.7%](/filings/0001104659-26-086668.md) | [(9.6%)](/filings/0001104659-26-086668.md) |
| Diluted EPS | $ per share | [0.90](/filings/0001558370-24-003256.md) | [2.60](/filings/0001558370-25-003144.md) | [1.73](/filings/0001104659-26-086668.md) | [0.11](/filings/0001104659-26-086668.md) | [(0.99)](/filings/0001104659-26-086668.md) |
| Free cash flow | $m | [23.9](/filings/0001558370-24-003256.md) | [64.9](/filings/0001558370-25-003144.md) | [78.1](/filings/0001104659-26-086668.md) | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/metc/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [DISCOVERY CAPITAL MANAGEMENT, LLC / CT](/funds/1389507.md) | 2026-06-30 | $70.3m | 5,311,360 |  | Reduced −200,000 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $58.6m | 4,428,511 |  | Added +311,612 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $40.5m | 3,059,847 |  | Added +192,663 |
| [Yorktown Energy Partners XI, L.P.](/funds/1667954.md) | 2026-06-30 | $39.4m | 2,979,968 |  | Unchanged |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $36.1m | 2,726,400 | Call | Added +68,300 |
| [Dayah Capital LLC](/funds/1980739.md) | 2026-06-30 | $35.2m | 2,660,000 | Call | Added +660,000 |
| [Dayah Capital LLC](/funds/1980739.md) | 2026-06-30 | $33.6m | 2,542,408 |  | Reduced −507,592 |
| [TORONTO DOMINION BANK](/funds/947263.md) | 2026-06-30 | $29.4m | 2,225,000 | Call | Unchanged |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $27.9m | 2,107,680 | Call | Unchanged |
| [Yorktown Energy Partners X, L.P.](/funds/1577919.md) | 2026-06-30 | $26.1m | 1,969,646 |  | Unchanged |

## Recent filings

[All 822 filings](/companies/metc/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-28 | 07:30 ET | [8-K](/filings/0001213900-26-103743.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001213900-26-103743 |
| 2026-09-14 | 16:30 ET | [8-K](/filings/0001213900-26-099737.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001213900-26-099737 |
| 2026-09-10 | 08:30 ET | [8-K](/filings/0001213900-26-098589.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001213900-26-098589 |
| 2026-09-04 | 08:30 ET | [8-K](/filings/0001213900-26-097422.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001213900-26-097422 |
| 2026-08-20 | 08:30 ET | [8-K](/filings/0001213900-26-091903.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001213900-26-091903 |
| 2026-08-05 | 13:05 ET | [10-Q](/filings/0001104659-26-090902.md) | Quarterly report, period 2026-06-30 | 0001104659-26-090902 |
| 2026-08-04 | 16:30 ET | [8-K](/filings/0001104659-26-090417.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-090417 |
| 2026-07-29 | 17:25 ET | [8-K](/filings/0001213900-26-082907.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001213900-26-082907 |
| 2026-07-24 | 16:40 ET | [10-K/A](/filings/0001104659-26-086668.md) | Annual report, amended, period 2025-12-31 | 0001104659-26-086668 |
| 2026-07-24 | 16:31 ET | [8-K/A](/filings/0001213900-26-081413.md) | 9.01 Financial statements and exhibits | 0001213900-26-081413 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-020479.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/1e39293e-b145-43ef-9e0f-01d9506751ea)

## About the filer

- CIK: 1687187
- Tickers: METC, METCB, METCI, METCZ
- Exchange: Nasdaq
- SIC code: 1220 Silver Ores
- State of incorporation: DE
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.