Ramaco Resources (METC) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Ramaco Resources Revenue Highlights


Latest Revenue (Y)

$693.52M

Latest Revenue (Q)

$155.31M

Main Segment (Y)

Export Revenues

Ramaco Resources Revenue by Period


Ramaco Resources Revenue by Year

DateRevenueChange
2023-12-31$693.52M22.60%
2022-12-31$565.69M99.61%
2021-12-31$283.39M67.77%
2020-12-31$168.91M-26.63%
2019-12-31$230.21M1.16%
2018-12-31$227.57M272.85%
2017-12-31$61.04M1070.24%
2016-12-31$5.22M100.00%
2015-12-31-100.00%
2014-12-31--

Ramaco Resources generated $693.52M in revenue during NA 2023, up 22.60% compared to the previous quarter, and up 304.75% compared to the same period a year ago.

Ramaco Resources Revenue by Quarter

DateRevenueChange
2024-06-30$155.31M-10.05%
2024-03-31$172.68M-14.82%
2023-12-31$202.73M8.43%
2023-09-30$186.97M36.01%
2023-06-30$137.47M-17.37%
2023-03-31$166.36M23.02%
2022-12-31$135.23M-1.24%
2022-09-30$136.93M-1.25%
2022-06-30$138.66M-10.48%
2022-03-31$154.88M77.00%
2021-12-31$87.51M14.57%
2021-09-30$76.38M0.42%
2021-06-30$76.06M75.02%
2021-03-31$43.45M-15.04%
2020-12-31$51.15M29.62%
2020-09-30$39.46M8.48%
2020-06-30$36.37M-13.26%
2020-03-31$41.94M-8.06%
2019-12-31$45.61M-25.69%
2019-09-30$61.38M-6.66%
2019-06-30$65.76M14.45%
2019-03-31$57.46M30.04%
2018-12-31$44.19M-28.92%
2018-09-30$62.17M-4.77%
2018-06-30$65.28M16.69%
2018-03-31$55.94M132.91%
2017-12-31$24.02M66.74%
2017-09-30$14.40M30.09%
2017-06-30$11.07M-4.03%
2017-03-31$11.54M207.64%
2016-12-31$3.75M155.99%
2016-09-30$1.47M100.00%
2016-06-30-100.00%
2016-03-31-100.00%
2015-12-31--

Ramaco Resources generated $155.31M in revenue during Q2 2024, up -10.05% compared to the previous quarter, and up 93.36% compared to the same period a year ago.

Ramaco Resources Revenue Breakdown


Ramaco Resources Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Export Revenues$466.04M$237.37M$139.45M--
Domestic Coal Revenues$227.48M$328.32M$143.95M$119.98M$164.26M
Export Coal Revenues---$48.93M$65.96M

Ramaco Resources's latest annual revenue breakdown by segment (product or service), as of Dec 23: Export Revenues (67.20%), and Domestic Coal Revenues (32.80%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Export Revenues$118.50M$255.64M$84.07M$126.33M$38.27M$58.48M$47.26M$94.79M$49.17M$28.42M----------
Domestic Coal Revenues$54.17M$134.06M$53.40M$40.03M$96.96M$78.44M$91.40M$60.09M$38.34M$47.95M$37.55M$20.11M$55.22M$13.55M$20.69M$30.53M$37.76M$50.38M$39.54M$36.57M
Export Coal Revenues----------$38.51M$23.35M$-4.07M$25.91M$15.69M$11.40M$7.85M$11.00M$26.22M$20.89M

Ramaco Resources's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Export Revenues (68.63%), and Domestic Coal Revenues (31.37%).

Ramaco Resources Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AMRAlpha Metallurgical Resources$3.47B$803.97M
ARCHArch Resources$3.15B$608.75M
SXCSunCoke Energy$2.06B$470.90M
HCCWarrior Met Coal$1.68B$396.52M
METCRamaco Resources$693.52M$155.31M
ARECAmerican Resources$16.74M$4.09K

METC Revenue FAQ


Ramaco Resources's yearly revenue for 2023 was $693.52M, representing an increase of 22.60% compared to 2022. The company's yearly revenue for 2022 was $565.69M, representing an increase of 99.61% compared to 2021. METC's yearly revenue for 2021 was $283.39M, representing an increase of 67.77% compared to 2020.

Ramaco Resources's quarterly revenue for Q2 2024 was $155.32M, a -10.05% decrease from the previous quarter (Q1 2024), and a 12.98% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $172.68M, a -14.82% decrease from the previous quarter (Q4 2023), and a 3.80% increase year-over-year (Q1 2023). METC's quarterly revenue for Q4 2023 was $202.73M, a 8.43% increase from the previous quarter (Q3 2023), and a 49.92% increase year-over-year (Q4 2022).

Ramaco Resources's revenue growth rate for the last 3 years (2021-2023) was 144.72%, and for the last 5 years (2019-2023) was 201.25%.

Ramaco Resources's revenue streams in c 23 are Export Revenues, and Domestic Coal Revenues. Export Revenues generated $466.04M in revenue, accounting 67.20% of the company's total revenue, up 96.34% year-over-year. Domestic Coal Revenues generated $227.48M in revenue, accounting 32.80% of the company's total revenue, down -30.71% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Ramaco Resources was Export Revenues. This segment made a revenue of $466.04M, representing 67.20% of the company's total revenue.