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Companies / Materials / Warrior Met Coal, Inc.
HCC

Warrior Met Coal, Inc.

MaterialsMining
Ticker HCCBROOKWOOD, ALFiscal year ends DecemberBook value per share $43.36Diluted shares 52.8M

Warrior Met Coal, Inc. (NASDAQ: HCC) is a U.S.-based supplier of premium steelmaking coal headquartered in Brookwood, Alabama. The company operates as a pure-play hard coking coal producer dedicated entirely to mining and exporting non-thermal steelmaking coal for use in global steel production. More information is… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.31B
−14.1% year over year
Last 12 mo $1.68B
3.49%
−13.2 percentage points
Last 12 mo 13.64%
$57.00M
−77.3% year over year
Last 12 mo $219.33M
2.66%
−9.3 percentage points
Last 12 mo 9.58%
Cash & financing
$229.25M
−37.6% year over year
Last 12 mo $301.33M
$-91.02M
−1.4% year over year
Last 12 mo $15.50M
0.11
Was 0.08× a year earlier
Last 12 mo 0.10
52.6M
+0.5% year over year
Last 12 mo 52.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Warrior Met Coal, Inc. does

In the company’s own words

Warrior Met Coal, Inc. (NASDAQ: HCC) is a U.S.-based supplier of premium steelmaking coal headquartered in Brookwood, Alabama. The company operates as a pure-play hard coking coal producer dedicated entirely to mining and exporting non-thermal steelmaking coal for use in global steel production. More information is available at www.warriormetcoal.com.

The company operates three underground longwall mining operations in west central Alabama: Mine No. 4, Mine No. 7, and Blue Creek. These mines, located approximately 300 miles from the Port of Mobile in Alabama, extract steelmaking coal from depths of approximately 2,000 feet below the surface. Blue Creek commenced longwall operations in October 2025, ahead of schedule and on budget. The company's steelmaking coal is characterized by low sulfur content, high fluidity, and high strength, making it ideally suited for coking coal in steel manufacturing. Mine No. 7 produces low volatility coal that trades near the S&P Global Platts Index, while Mine No. 4 and Blue Creek produce high volatility A quality coal.

Warrior Met Coal produced 9.3 million metric tons of steelmaking coal in 2025. The company maintains estimated recoverable reserves of approximately 179.3 million metric tons across its three operating mines, with Blue Creek alone holding an estimated 40-year mine life. The company operates as a single reportable segment focused on steelmaking coal production and sales.

The company sells its premium hard coking coal to a diversified customer base of blast furnace steel producers primarily located in Asia, Europe, and South America. For 2025, geographic customer mix consisted of 48 percent Asia, 37 percent Europe, 14 percent South America, and 1 percent the United States. The company also operates natural gas operations that remove and sell natural gas from owned and leased coal seams.

Warrior Met Coal maintains a highly flexible cost structure with variabilized labor, royalties, and logistics contracts designed to protect profitability across commodity price cycles. The company's competitive advantages include its premium coal quality, logistical proximity to major export terminals, experienced management team, and commitment to environmental stewardship including methane capture initiatives and water conservation programs.

Company details
Sector
Materials
Industry (SIC)
Mining
Headquarters
BROOKWOOD, AL
Fiscal year end
December
CIK
1691303
SIC
1220

Financial performance, year by year

Fiscal 2017–2025 · USD
$-213.21M$319.14M$851.49M$1.38B$1.92B201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Warrior Met Coal, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

335
funds hold it
1 of 35
superinvestors hold it
$2.47B
held by funds, at market
55.2%
of shares held by funds
1
bond issues held by funds

Superinvestors in Warrior Met Coal, Inc. · what they did last quarter

Mohnish PabraiDECREASED -3.7%
Dalal Street (Pabrai Funds)
43.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Warrior Met Coal, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.18%of fund net assets
3.59%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
First Eagle Global Fund
SGENX · First Eagle Funds
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.14%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Warrior Met Coal, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Warrior Met Coal, Inc.’s debt, $116.61M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 7.88%, maturing 2028 to 2028.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Warrior Met Coal, Inc. and its peers compare on margins and cash generation over ten years?”
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