Ramaco Resources, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $536.6M | $666.3M | $693.5M | $565.7M | $283.4M |
| Operating income | -$56.0M | $16.6M | $95.2M | $150.4M | $39.5M |
| Cost of revenue | $453.4M | $533.3M | $493.8M | $333.0M | $195.4M |
| Cash from operations | $2.0M | $112.7M | $161.0M | $187.9M | $53.3M |
| Capital expenditure | $13.3M | $12.4M | $82.9M | $123.0M | $29.5M |
| Free cash flow | -$11.3M | $100.2M | $78.1M | $64.9M | $23.9M |
| Total assets | $1.1B | $674.7M | $665.8M | $596.3M | $329.0M |
| Total liabilities | $657.0M | $311.9M | $296.2M | $287.1M | $118.0M |
| Total debt | $451.4M | $88.6M | $90.2M | $127.2M | $43.4M |
Shares outstanding 65.2M · Free float 49.5%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.