Alpha Metallurgical Resources, Inc. (AMR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	-$0.97	-$0.96	+1.0%	—	$492.9M	—
Q1 26	-$0.86	-$0.86	0.0%	—	$525M	—
Q4 25	-$1.34	-$1.04	+22.4%	—	$520.5M	—
Q3 25	-$0.45	-$0.42	+6.7%	—	$526.8M	—
Q2 25	-$2.76	-$0.38	+86.2%	—	$550.3M	—
Q1 25	-$1.06	-$2.6	-145.3%	—	$532M	—
Q4 24	-$0.16	-$0.16	0.0%	—	$617.3M	—
Q3 24	$1.03	$0.29	-71.8%	—	$671.9M	—
Q2 24	$4.46	$4.49	+0.7%	—	$804M	—
Q1 24	$10.8	$9.59	-11.4%	—	$864.1M	—
Q4 23	$9.07	$12.9	+42.0%	—	$960M	—
Q3 23	$6.46	$6.65	+2.9%	—	$741.8M	—
Q2 23	$12.7	$12.2	-4.2%	—	$858.4M	—
Q1 23	$14.1	$17	+20.4%	—	$911.2M	—
Q4 22	$18.1	$14.2	-21.8%	—	$823.4M	—
Q3 22	$16.8	$14.2	-15.5%	—	$869.8M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$4.75	—	—	$2.1B	—
FY24	—	$14.4	—	—	$3B	—
FY23	—	$51.2	—	—	$3.5B	—
FY22	—	$82.8	—	—	$4.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY15	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$926M	$1.6B	$2B	$2B	$1.4B	$2.3B	$4.1B	$3.5B	$3B	$2.1B
YoY change	-41.7%	—	+23.1%	-1.47%	-29.2%	+59.5%	+81.6%	-15.4%	-14.8%	-28%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	926M	1.6B	2B	2B	1.4B	2.3B	4.1B	3.5B	3B	2.1B
Cost of revenue	979.5M	1.4B	1.7B	1.9B	1.4B	1.8B	2.4B	2.5B	2.6B	2.1B
Gross profit	-53.4M	228.8M	297.9M	120.9M	-13.9M	457.6M	1.7B	969.9M	331.7M	24.8M
Gross margin	-5.77%	13.9%	14.7%	6.04%	-0.98%	20.3%	41.2%	27.9%	11.2%	1.17%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	44.2M	67.5M	59.3M	79M	57.4M	63.9M	71.6M	82.4M	74M	60.2M
Operating expenses	44.1M	77.6M	52.9M	101.8M	81.6M	79.4M	98.7M	106.8M	103.8M	86.2M
Operating income	-97.5M	151.2M	245M	19.1M	-95.6M	378.2M	1.6B	863.1M	227.9M	-61.4M
Operating margin	-10.5%	9.16%	12.1%	0.95%	-6.75%	16.7%	38.8%	24.9%	7.7%	-2.88%
Non-operating income, net	-315.3M	-9.7M	-70.7M	-231.7M	-80.6M	-16.6M	-16.4M	-22.6M	-31.5M	-38.5M
Pretax income	-412.8M	105.8M	137.5M	-272.9M	-243.6M	292.2M	1.6B	845.5M	210.8M	-87.5M
Income tax	-155.1M	-68M	-165.4M	-53.3M	-2.2M	3.4M	106.2M	123.5M	23.2M	-25.8M
Net income	-417.6M	154.5M	299.2M	-316.3M	-446.9M	288.8M	1.4B	722M	187.6M	-61.7M
Net margin	-45.1%	9.37%	14.7%	-15.8%	-31.6%	12.8%	35.3%	20.8%	6.34%	-2.9%
EBITDA	99M	272.3M	311.7M	324.4M	67.6M	504.1M	1.7B	1B	388.6M	95.5M
EPS	-40.5	15.1	27.3	-16.8	-24.4	15.7	82.8	51.2	14.4	-4.75
Diluted EPS	-40.5	14.3	25.5	-16.8	-24.4	15.3	79.5	49.3	14.3	-4.75

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	741.8M	960M	864.1M	804M	671.9M	617.3M	532M	550.3M	526.8M	520.5M	525M	492.9M
Cost of revenue	599.3M	713.6M	690.7M	708.9M	642.8M	583.3M	549.9M	526.1M	506.9M	521.8M	515.2M	480.6M
Gross profit	142.6M	246.4M	173.4M	95.1M	29.1M	34.1M	-17.9M	24.1M	19.9M	-1.3M	9.8M	12.3M
Gross margin	19.2%	25.7%	20.1%	11.8%	4.33%	5.52%	-3.36%	4.39%	3.78%	-0.25%	1.87%	2.49%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	18.1M	26.1M	22.4M	18.8M	16M	16.8M	15.4M	15.2M	15.7M	13.8M	16.6M	17.3M
Operating expenses	25.4M	33.1M	31.5M	24.4M	23.8M	24.1M	22.3M	21.5M	22.4M	20M	20.2M	22.8M
Operating income	117.2M	213.3M	141.9M	70.7M	5.3M	10M	-40.2M	2.7M	-2.5M	-21.3M	-10.4M	-10.5M
Operating margin	15.8%	22.2%	16.4%	8.79%	0.79%	1.62%	-7.55%	0.48%	-0.48%	-4.1%	-1.99%	-2.13%
Non-operating income, net	-7.3M	-10.2M	-3.6M	-9.5M	-9.7M	-8.7M	-8.5M	-12.3M	-9.5M	-8.2M	-9.3M	-10.3M
Pretax income	112.8M	204.5M	141.2M	64.2M	-283K	5.7M	-45.4M	-6.2M	-8.8M	-27M	-16.4M	-18.8M
Income tax	19M	28.5M	14.2M	5.3M	-4.1M	7.8M	-11.4M	-1.2M	-3.3M	-9.8M	-5.3M	-6.6M
Net income	93.8M	176M	127M	58.9M	3.8M	-2.1M	-33.9M	-5M	-5.5M	-17.3M	-11M	-12.3M
Net margin	12.6%	18.3%	14.7%	7.33%	0.57%	-0.34%	-6.38%	-0.9%	-1.05%	-3.32%	-2.1%	-2.49%
EBITDA	149.2M	253.6M	184.6M	110.3M	44.8M	48.8M	646K	40.7M	37.2M	17M	25.3M	19M
EPS	6.88	—	9.77	4.53	0.29	-0.16	-2.6	-0.38	-0.42	-1.34	-0.86	-0.96
Diluted EPS	6.65	—	9.59	4.49	0.29	-0.16	-2.6	-0.38	-0.42	-1.34	-0.86	-0.96

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	101.2M	11M	—	—	1.1B	2.6B	—	2.6B	2.6B	2.2B
Enterprise value	—	319.7M	349.2M	—	—	1.5B	2.2B	—	2.1B	2.2B	1.9B
Shares outstanding	—	10.2M	11M	18.8M	18.3M	18.4M	17.5M	14.1M	13M	13M	13M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	0.66	0.04	—	—	3.9	1.77	—	13.9	—	75.5
P/S	—	0.06	0.01	—	—	0.5	0.62	—	0.88	1.22	1.07
P/B	—	1.09	0.01	—	—	2.06	1.79	—	1.58	1.68	1.48
EV/EBITDA	—	1.17	1.12	—	—	2.96	1.3	—	5.48	23	13.8
EV/Sales	—	0.19	0.17	—	—	0.66	0.54	—	0.72	1.03	0.91
Earnings yield	—	152.6%	2.7K%	—	—	25.7%	56.6%	—	7.2%	—	1.32%
FCF yield	—	228.3%	604.1%	—	—	8.14%	51.5%	—	14.6%	0.68%	2.36%
PEG	—	—	—	—	—	—	—	—	—	—	0.49

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	—	13.9%	14.7%	6.04%	-0.98%	20.3%	41.2%	27.9%	11.2%	1.17%	2.49%
Operating margin	—	9.16%	12.1%	0.95%	-6.75%	16.7%	38.8%	24.9%	7.7%	-2.88%	-2.9%
Net margin	—	9.37%	14.7%	-15.8%	-31.6%	12.8%	35.3%	20.8%	6.34%	-2.9%	-2.23%
ROE	—	166.8%	27.9%	-45.4%	-223.3%	52.8%	101.3%	45.9%	11.4%	-3.99%	-2.96%
ROA	—	18.5%	10.9%	-13.7%	-26.6%	15.5%	62.6%	30%	7.69%	-2.7%	-1.38%
ROIC	—	48.6%	17.4%	1.78%	-14.9%	40.9%	135.5%	56%	17.3%	-5.37%	-3.82%
Return on tangible assets	—	19.3%	13.3%	-15.4%	-29.7%	16.9%	66.4%	31.5%	8.03%	-2.82%	-2.1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	—	1.91	2.34	2.26	1.97	2.53	2.77	3.38	4.13	4.47	3.4
Quick ratio	—	1.63	1.99	1.78	1.55	2.09	2.27	2.64	3.45	3.53	2.37
Debt / equity	—	4.02	0.55	0.85	2.91	0.82	0.01	0.01	0	0.01	0.01
Debt / assets	—	0.45	0.21	0.26	0.35	0.24	0	0	0	0.01	0.01
Net debt / EBITDA	—	0.8	1.08	1.17	6.56	0.73	-0.2	-0.26	-1.22	-4.21	-3.32
Interest coverage	—	3.94	4.54	-3.04	-2.27	5.19	72.3	123.1	56.3	-28	-20.6
Effective tax rate	—	0%	0%	0%	0%	1.17%	6.83%	14.6%	11%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	—	161.5	185.2	106.4	77.4	122.5	234.5	246.1	227.2	163.9	160.7
EPS (basic)	—	15.1	27.3	-16.8	-24.4	15.7	82.8	51.2	14.4	-4.75	-4.75
EPS (diluted)	—	14.3	25.5	-16.8	-24.4	15.3	79.5	49.3	14.3	-4.75	-3.59
Book value per share	—	9.07	97.7	37	10.9	29.7	81.7	111.6	126.8	118.9	118.2
FCF per share	—	22.6	6.04	-3.22	-1.35	4.97	75.5	42.9	29.3	1.37	-0.11
Cash per share	—	15.1	22.8	11.4	7.61	4.4	19.9	19	37	32	26.7
Capex per share	—	0.25	0.84	0.15	0.22	0.45	—	—	—	9.78	11

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	0.16%	0.46%	0.14%	0.28%	0.36%	—	—	—	5.97%	6.77%
Capex / operating cash flow	—	1.07%	4.47%	-1.51%	-1.97%	10.5%	—	—	—	87.7%	101%
Payout ratio	—	65.2%	0%	0%	—	0%	0.92%	15.7%	1.64%	-0.67%	0%
Dividend yield	—	99.5%	0%	—	—	0%	0.52%	—	0.12%	0.02%	1.14%

Yield

1.14%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.50

ex-dividend Nov 30, 2023

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Nov 30, 2023	$0.50
Sep 14, 2023	$0.50
Jun 14, 2023	$0.50
Mar 14, 2023	$0.44
Dec 14, 2022	$5.00
Sep 14, 2022	$0.392
Jun 14, 2022	$0.375

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$741.8M	$960M	$864.1M	$804M	$671.9M	$617.3M	$532M	$550.3M	$526.8M	$520.5M	$525M	$492.9M
YoY change	-14.7%	+16.6%	-5.18%	-6.34%	-9.43%	-35.7%	-38.4%	-31.6%	-21.6%	-15.7%	-1.31%	-10.4%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	128M	154.3M	249.8M	213.5M	139.2M	81.2M	348M	268.2M	481.6M	415.6M
Receivables	164M	127.3M	292.6M	224.2M	145.7M	489.2M	407.2M	509.7M	362.1M	278.6M
Inventory	69.7M	69.6M	122M	150.9M	108.1M	129.4M	200.6M	231.3M	169.3M	193M
Total current assets	425.2M	463.2M	829.6M	711.5M	510.1M	748M	1.1B	1B	1B	918.3M
Property, plant & equipment	156M	196.6M	1.2B	-221.1M	328.5M	309.8M	235.2M	326.9M	310.5M	230.1M
Goodwill & intangibles	174.3M	36.9M	500.4M	248.5M	176.4M	148.4M	131.7M	115.4M	102M	91.2M
Total assets	946.8M	836.6M	2.7B	2.3B	1.7B	1.9B	2.3B	2.4B	2.4B	2.3B
Accounts payable	80.8M	76.3M	114.6M	82.7M	58.4M	90.1M	106M	128.8M	96.6M	66.2M
Short-term debt	1.6M	10.7M	42.7M	28.5M	28.8M	3M	3.1M	3.6M	2.9M	3.6M
Total current liabilities	218.6M	242.2M	355.2M	315.2M	259.1M	295.9M	402.6M	309.9M	251.1M	205.5M
Long-term debt	345.4M	362M	545.3M	564.5M	553.7M	445.6M	7.9M	6.8M	2.9M	9.8M
Total liabilities	909.5M	744M	1.7B	1.6B	1.5B	1.3B	882.7M	832.1M	789.2M	735.1M
Shareholders' equity	37.2M	92.6M	1.1B	696.1M	200.1M	546.9M	1.4B	1.6B	1.6B	1.5B
Total debt	347M	372.7M	588M	592.9M	582.5M	448.6M	11M	10.4M	5.8M	13.4M
Net debt	219M	230.8M	354.4M	380.1M	443.3M	367.3M	-290.9M	-257.8M	-475.8M	-352.6M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	296.1M	268.2M	269.4M	336.1M	484.6M	481.6M	448M	449M	457.9M	415.6M	366.9M	338.5M
Receivables	432.4M	509.7M	526.2M	505.1M	375.9M	362.1M	342M	296M	289.2M	278.6M	302.1M	230.6M
Inventory	271.8M	231.3M	246M	221.8M	200.1M	169.3M	190.1M	207.3M	210M	193M	213.1M	262.4M
Total current assets	1B	1B	1.1B	1.1B	1.1B	1B	1B	988.2M	989.9M	918.3M	909.5M	862.5M
Property, plant & equipment	444.4M	326.9M	501.2M	512.6M	500.7M	310.5M	496.8M	484.4M	467.7M	230.1M	468.1M	475.5M
Goodwill & intangibles	97.3M	115.4M	89.8M	86.5M	83.1M	102M	77M	74.3M	71.6M	91.2M	67.2M	65.4M
Total assets	2.4B	2.4B	2.5B	2.5B	2.5B	2.4B	2.4B	2.4B	2.3B	2.3B	2.3B	2.3B
Accounts payable	121.5M	128.8M	151.5M	122.5M	111.4M	96.6M	110.2M	87.4M	83.4M	66.2M	93M	86.7M
Short-term debt	3.4M	3.6M	3.4M	3.3M	3.1M	2.9M	2.7M	2.6M	2.1M	3.6M	3.2M	3.2M
Total current liabilities	315.2M	309.9M	341.3M	308.7M	304.6M	251.1M	260.2M	243.3M	250.5M	205.5M	248M	253.3M
Long-term debt	7.1M	6.8M	6M	5.3M	3.6M	2.9M	2.4M	3.1M	2.9M	9.8M	9M	8.2M
Total liabilities	794.9M	832.1M	869.7M	849.4M	828.8M	789.2M	785.7M	759.4M	753.2M	735.1M	765.5M	756.9M
Shareholders' equity	1.6B	1.6B	1.6B	1.6B	1.7B	1.6B	1.6B	1.6B	1.6B	1.5B	1.5B	1.5B
Total debt	10.5M	10.4M	9.4M	8.6M	6.7M	5.8M	5M	5.8M	5M	13.4M	12.2M	11.4M
Net debt	-285.6M	-257.8M	-260M	-327.6M	-477.9M	-475.8M	-443M	-443.3M	-403.5M	-352.6M	-305M	-296.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-417.6M	154.5M	299.2M	-316.3M	-446.9M	288.8M	1.4B	722M	187.6M	-61.7M
Depreciation & amortization	204.3M	124M	72.2M	315.1M	161.5M	123.3M	127.1M	145.4M	174M	180M
Stock-based compensation	2.7M	20.4M	13.4M	12.4M	4.9M	5.3M	7.5M	19M	12.3M	13.6M
Change in working capital	22.4M	24M	-132.2M	-219.2M	8.7M	-391.7M	-31.5M	-203.8M	129.7M	17.5M
Operating cash flow	-413M	240.2M	207M	-184.6M	-204.6M	78.1M	1.6B	749.3M	536.1M	144.9M
Capital expenditure	10.5M	2.6M	-9.3M	2.8M	4M	8.2M	—	—	—	-127.2M
Investing cash flow	-37.5M	-38.6M	184.1M	659K	-56M	1.7M	-165M	79.4M	-32.1M	-204M
Dividends paid	0	-100.7M	0	0	—	0	-13.4M	-113M	-3.1M	-415K
Share repurchases	0	-49.9M	-20.3M	-37.6M	-209K	-786K	-521.8M	-540.1M	-122.3M	-45.2M
Financing cash flow	-53.6M	-170.3M	22.7M	-69.7M	-22.4M	-147M	-987.5M	-660.8M	-128.9M	-52.2M
Net change in cash	-504M	31.3M	413.7M	-253.7M	-282.9M	-67.3M	424.8M	168M	375.1M	-111.3M
Free cash flow	91.3M	231.1M	66.3M	-60.5M	-24.8M	91.6M	1.3B	605.8M	381.1M	17.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	93.8M	176M	127M	58.9M	3.8M	-2.1M	-33.9M	-5M	-5.5M	-17.3M	-11M	-12.3M
Depreciation & amortization	34.7M	44.7M	42.4M	45.1M	44.1M	42.5M	45.3M	46.2M	45.3M	43.2M	40.8M	36.9M
Stock-based compensation	3M	9.3M	2.8M	3.5M	3M	3M	3.4M	4M	3M	3.2M	3.7M	4.2M
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	140.8M	248.4M	180M	118.4M	54.8M	53.2M	9.1M	53.2M	50.5M	19M	29M	39.9M
Capital expenditure	—	—	—	—	—	—	—	-34.6M	-25.1M	-29M	-40.7M	-45.1M
Investing cash flow	-611K	22.2M	-5.2M	-10.6M	-6.8M	-9.6M	-9.3M	-47.4M	-70.5M	-38.3M	-53.6M	-34M
Dividends paid	-7.1M	-13.3M	-3M	-77K	0	0	-415K	0	0	0	—	—
Share repurchases	-102.2M	-136.7M	-116.1M	-1.6M	0	-4.7M	-5.2M	0	-20M	-20M	-22.9M	-13.8M
Financing cash flow	-106.5M	-154.9M	-120M	-2.5M	-880K	-5.5M	-6.4M	-2.5M	-20.4M	-22.1M	-23.9M	-14.5M
Net change in cash	33.7M	115.6M	54.7M	105.4M	47.2M	38.1M	-6.6M	3.4M	-40.4M	-41.4M	-48.4M	-8.6M
Free cash flow	102.5M	137.8M	132.5M	77M	158M	13.6M	-16.3M	18.6M	25.4M	-10M	-11.6M	-5.3M

Alpha Metallurgical Resources, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement