Alpha Metallurgical Resources (AMR) Financials

$183.06 +3.37 (+1.88%)

Closing price 03:59 PM Eastern

Extended Trading

$182.30 -0.76 (-0.41%)

As of 04:20 PM Eastern

Annual Income Statements for Alpha Metallurgical Resources

This table shows Alpha Metallurgical Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	4,802	-316	-447	289	1,449	722	188	-62
Consolidated Net Income / (Loss)	155	-316	-447	289	1,449	722	188	-62
Net Income / (Loss) Continuing Operations	174	-220	-241	289	1,449	722	188	-62
Total Pre-Tax Income	106	-273	-244	292	1,555	845	211	-87
Total Operating Income	182	-169	-171	359	1,581	863	228	-61
Total Gross Profit	5,005	334	135	581	1,816	1,115	506	205
Total Revenue	6,332	2,001	1,416	2,259	4,102	3,471	2,957	2,129
Operating Revenue	6,332	2,001	1,416	2,259	4,102	3,471	2,957	2,129
Total Cost of Revenue	1,327	1,668	1,281	1,678	2,286	2,356	2,452	1,925
Operating Cost of Revenue	1,327	1,668	1,281	1,678	2,286	2,356	2,452	1,925
Total Operating Expenses	175	503	306	222	235	252	278	266
Selling, General & Admin Expense	67	79	57	64	72	82	74	60
Depreciation Expense	35	216	140	110	108	137	167	175
Amortization Expense	59	-3.19	9.21	13	19	8.52	6.70	5.43
Other Operating Expenses / (Income)	13	20	16	35	36	24	30	26
Total Other Income / (Expense), net	-77	-104	-73	-67	-26	-18	-17	-26
Interest Expense	75	94	75	70	22	9.68	3.81	3.02
Interest & Investment Income	-3.13	0.37	3.55	-3.81	-11	-6.33	-2.09	-9.40
Other Income / (Expense), net	1.21	-10	-1.97	6.47	6.83	-1.62	-11	-14
Income Tax Expense	-68	-53	-2.16	3.41	106	124	23	-26
Basic Earnings per Share	$15.12	($16.82)	($24.42)	$15.66	$82.82	$51.18	$14.41	($4.75)
Weighted Average Basic Shares Outstanding	10.22M	18.81M	18.30M	18.44M	17.49M	14.11M	13.01M	13.00M
Diluted Earnings per Share	$14.35	($16.82)	($24.42)	$15.30	$79.49	$49.30	$14.28	($4.75)
Weighted Average Diluted Shares Outstanding	10.77M	18.81M	18.30M	18.87M	18.22M	14.64M	13.13M	13.00M
Weighted Average Basic & Diluted Shares Outstanding	-	-	36.78M	18.53M	15.17M	12.99M	13.05M	12.79M

This table shows Alpha Metallurgical Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	94	176	127	59	3.80	-2.13	-34	-4.95	-5.52	-17	-11
Consolidated Net Income / (Loss)	94	176	127	59	3.80	-2.13	-34	-4.95	-5.52	-17	-11
Net Income / (Loss) Continuing Operations	94	176	127	59	3.80	-2.13	-34	-4.95	-5.52	-17	-11
Total Pre-Tax Income	113	205	141	64	-0.28	5.69	-45	-6.20	-8.85	-27	-16
Total Operating Income	117	213	142	71	5.31	9.99	-40	2.66	-2.52	-21	-10
Total Gross Profit	177	291	216	140	73	77	27	70	65	42	51
Total Revenue	742	960	864	804	672	617	532	550	527	520	525
Operating Revenue	742	960	864	804	672	617	532	550	527	520	525
Total Cost of Revenue	565	669	648	664	599	541	505	480	462	479	474
Operating Cost of Revenue	565	669	648	664	599	541	505	480	462	479	474
Total Operating Expenses	60	78	74	69	68	67	68	68	68	63	61
Selling, General & Admin Expense	18	26	22	19	16	17	15	15	16	14	17
Depreciation Expense	33	43	41	43	42	41	44	45	44	42	40
Amortization Expense	2.07	2.07	1.68	1.68	1.68	1.68	1.36	1.36	1.36	1.36	0.88
Other Operating Expenses / (Income)	7.35	6.95	9.13	5.62	7.79	7.26	6.86	6.27	6.71	6.21	3.63
Total Other Income / (Expense), net	-4.38	-8.78	-0.72	-6.49	-5.59	-4.31	-5.21	-8.86	-6.32	-5.70	-5.93
Interest Expense	1.75	4.35	1.09	1.10	1.04	0.58	0.76	0.76	0.77	0.73	0.84
Interest & Investment Income	-2.02	-3.66	2.33	-1.78	-1.87	-0.78	-0.91	-4.54	-2.29	-1.66	-1.53
Other Income / (Expense), net	-0.61	-0.76	-1.96	-3.61	-2.69	-2.94	-3.53	-3.56	-3.27	-3.32	-3.56
Income Tax Expense	19	29	14	5.28	-4.09	7.82	-11	-1.25	-3.33	-9.76	-5.33
Basic Earnings per Share	$6.88	$13.93	$9.77	$4.53	$0.29	($0.18)	($2.60)	($0.38)	($0.42)	($1.35)	($0.86)
Weighted Average Basic Shares Outstanding	13.63M	14.11M	13.00M	13.01M	13.02M	13.01M	13.05M	13.06M	13.02M	13.00M	12.80M
Diluted Earnings per Share	$6.65	$13.48	$9.59	$4.49	$0.29	($0.09)	($2.60)	($0.38)	($0.42)	($1.35)	($0.86)
Weighted Average Diluted Shares Outstanding	14.11M	14.64M	13.24M	13.11M	13.09M	13.13M	13.05M	13.06M	13.02M	13.00M	12.80M
Weighted Average Basic & Diluted Shares Outstanding	13.28M	12.99M	13.01M	13.02M	13.02M	13.05M	13.05M	13.05M	12.86M	12.79M	12.71M

This table details how cash moves in and out of Alpha Metallurgical Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	23	-130	-103	-62	173	29	220	-111
Net Cash From Operating Activities	314	132	129	175	1,484	851	580	145
Net Cash From Continuing Operating Activities	314	132	129	175	1,484	851	580	145
Net Income / (Loss) Continuing Operations	155	-316	-447	289	1,449	722	188	-62
Consolidated Net Income / (Loss)	155	-316	-447	289	1,449	722	188	-62
Depreciation Expense	65	315	151	110	108	137	167	175
Amortization Expense	62	14	25	26	28	8.52	6.70	5.43
Non-Cash Adjustments To Reconcile Net Income	67	260	291	26	28	39	72	85
Changes in Operating Assets and Liabilities, net	-34	-141	109	-275	-128	-55	146	-58
Net Cash From Investing Activities	-121	-192	-210	-90	-329	-166	-231	-204
Net Cash From Continuing Investing Activities	-121	-192	-210	-90	-329	-166	-231	-204
Purchase of Property, Plant & Equipment	-83	-192	-154	-83	-164	-245	-199	-127
Acquisitions	-21	0.00	-52	0.00	-25	-12	0.00	0.00
Purchase of Investments	-0.41	-93	-21	-18	-269	-207	-49	-106
Sale of Property, Plant & Equipment	2.58	2.78	4.02	8.22	3.62	8.17	1.03	0.27
Sale and/or Maturity of Investments	0.00	100	17	13	149	321	48	67
Other Investing Activities, net	-19	-9.52	-3.37	-10	-24	-31	-32	-38
Net Cash From Financing Activities	-170	-70	-22	-147	-982	-656	-129	-52
Net Cash From Continuing Financing Activities	-170	-70	-22	-147	-982	-656	-129	-52
Repayment of Debt	-416	-578	-80	-128	-447	-3.34	-3.52	-6.66
Repurchase of Common Equity	-50	-38	-0.21	-0.79	-522	-540	-122	-45
Payment of Dividends	-101	-	0.00	0.00	-13	-113	-3.08	-0.42
Cash Interest Paid	41	52	49	63	26	5.21	2.66	1.87
Cash Income Taxes Paid	13	3.04	0.01	0.18	140	79	8.38	2.12

This table details how cash moves in and out of Alpha Metallurgical Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-4.64	5.06	7.19	64	150	-1.48	-32	2.96	-41	-41	-48
Net Cash From Operating Activities	157	199	196	138	189	56	22	53	51	19	29
Net Cash From Continuing Operating Activities	157	199	196	138	189	56	22	53	51	19	29
Net Income / (Loss) Continuing Operations	94	176	127	59	3.80	-2.13	-34	-4.95	-5.52	-17	-11
Consolidated Net Income / (Loss)	94	176	127	59	3.80	-2.13	-34	-4.95	-5.52	-17	-11
Depreciation Expense	33	43	41	43	42	41	44	45	44	42	40
Amortization Expense	2.59	2.43	1.96	1.95	1.96	1.95	1.36	1.66	1.67	0.47	0.88
Non-Cash Adjustments To Reconcile Net Income	19	-5.45	16	20	22	14	20	24	23	18	19
Changes in Operating Assets and Liabilities, net	9.16	-16	10	14	119	1.31	-8.73	-13	-13	-24	-20
Net Cash From Investing Activities	-55	-39	-69	-72	-38	-52	-48	-47	-71	-38	-54
Net Cash From Continuing Investing Activities	-55	-39	-69	-72	-38	-52	-48	-47	-71	-38	-54
Purchase of Property, Plant & Equipment	-55	-62	-64	-61	-31	-43	-38	-35	-25	-29	-41
Purchase of Investments	-7.68	-41	-7.23	-20	-10	-12	-15	-15	-59	-18	-28
Sale and/or Maturity of Investments	13	71	10	16	10	12	15	16	18	18	28
Other Investing Activities, net	-6.90	-8.96	-8.47	-7.18	-7.20	-9.63	-9.74	-14	-4.87	-9.73	-13
Net Cash From Financing Activities	-107	-155	-120	-2.51	-0.88	-5.48	-6.39	-2.88	-21	-22	-24
Net Cash From Continuing Financing Activities	-107	-155	-120	-2.51	-0.88	-5.48	-6.39	-2.88	-21	-22	-24
Repayment of Debt	2.77	-4.96	-0.94	-0.88	-0.88	-0.83	-1.24	-2.88	-0.84	-2.11	-0.99
Repurchase of Common Equity	-102	-137	-116	-1.56	-	-4.65	-5.16	-	-20	-20	-23

This table presents Alpha Metallurgical Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	837	2,303	1,680	1,858	2,312	2,406	2,439	2,281
Total Current Assets	463	711	510	748	1,114	1,048	1,037	918
Cash & Equivalents	142	213	139	81	302	268	482	366
Short-Term Investments	-	-	-	0.00	46	-	0.00	50
Accounts Receivable	127	224	146	489	407	510	362	279
Inventories, net	70	151	108	129	201	231	169	193
Prepaid Expenses	84	78	106	36	49	39	24	31
Plant, Property, & Equipment, net	180	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	193	1,591	1,170	1,110	1,198	1,358	1,402	1,362
Long-Term Investments	-	-	-	31	106	41	43	34
Intangible Assets	18	124	88	74	55	47	40	34
Noncurrent Deferred & Refundable Income Taxes	79	33	-	0.00	11	8.03	6.52	8.09
Other Noncurrent Operating Assets	89	1,271	1,072	1,005	1,026	1,263	1,313	1,285
Total Liabilities & Shareholders' Equity	837	2,303	1,680	1,858	2,312	2,406	2,439	2,281
Total Liabilities	744	1,607	1,480	1,311	883	832	789	735
Total Current Liabilities	242	315	259	296	403	310	251	206
Short-Term Debt	11	28	29	2.99	3.08	3.58	2.92	3.58
Accounts Payable	76	83	58	90	106	129	97	66
Accrued Expenses	59	139	140	180	265	178	152	136
Total Noncurrent Liabilities	502	1,292	1,221	1,015	480	522	538	530
Long-Term Debt	362	564	554	446	7.90	6.79	2.87	9.84
Asset Retirement Reserve & Litigation Obligation	52	164	140	132	142	167	190	205
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.42	0.48	0.32	11	39	40	15
Noncurrent Employee Benefit Liabilities	0.00	204	219	160	111	102	101	87
Other Noncurrent Operating Liabilities	80	302	279	277	208	208	204	212
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	93	696	200	547	1,430	1,574	1,649	1,545
Total Preferred & Common Equity	93	696	200	547	1,430	1,574	1,649	1,545
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	93	696	200	547	1,430	1,574	1,649	1,545
Common Stock	41	776	780	785	816	835	840	852
Retained Earnings	104	87	-361	-72	1,275	1,970	2,156	2,095
Treasury Stock	-50	-108	-107	-108	-649	-1,190	-1,297	-1,341
Accumulated Other Comprehensive Income / (Loss)	-1.95	-59	-112	-59	-12	-41	-50	-60

This table presents Alpha Metallurgical Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	2,260	2,349	2,358	2,353	2,461	2,493	2,479	2,401	2,373	2,345	2,282
Total Current Assets	1,147	1,092	1,078	1,049	1,077	1,096	1,093	1,008	988	990	909
Cash & Equivalents	404	223	312	296	269	336	485	448	449	409	317
Short-Term Investments	-	0.00	0.00	0.00	-	-	-	-	-	49	50
Accounts Receivable	487	546	432	432	526	505	376	342	296	289	302
Inventories, net	179	267	270	272	246	222	200	190	207	210	213
Prepaid Expenses	77	50	56	42	35	33	32	27	36	33	27
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	1,112	1,257	1,280	1,304	1,384	1,397	1,386	1,393	1,385	1,355	1,373
Long-Term Investments	92	90	76	71	38	42	43	43	42	34	34
Intangible Assets	59	53	51	49	45	43	42	39	37	36	34
Noncurrent Deferred & Refundable Income Taxes	-	10	9.42	9.08	8.28	8.63	8.86	6.85	6.88	6.98	8.21
Other Noncurrent Operating Assets	953	1,103	1,143	1,175	1,293	1,303	1,294	1,305	1,298	1,278	1,297
Total Liabilities & Shareholders' Equity	2,260	2,349	2,358	2,353	2,461	2,493	2,479	2,401	2,373	2,345	2,282
Total Liabilities	888	801	791	795	870	849	829	786	759	753	765
Total Current Liabilities	341	317	296	315	341	309	305	260	243	251	248
Short-Term Debt	1.71	3.56	3.49	3.44	3.39	3.26	3.10	2.67	2.63	2.12	3.23
Accounts Payable	102	123	106	121	151	123	111	110	87	83	93
Accrued Expenses	204	190	186	190	186	183	190	147	153	165	152
Total Noncurrent Liabilities	547	484	495	480	528	541	524	526	516	503	517
Long-Term Debt	2.99	8.38	7.76	7.06	6.03	5.30	3.58	2.37	3.14	2.85	8.98
Asset Retirement Reserve & Litigation Obligation	135	145	147	148	173	176	171	192	190	187	204
Noncurrent Deferred & Payable Income Tax Liabilities	12	24	33	35	41	44	41	30	28	26	11
Noncurrent Employee Benefit Liabilities	152	103	107	91	102	111	105	100	96	88	83
Other Noncurrent Operating Liabilities	222	204	201	198	207	204	204	202	199	199	211
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,372	1,549	1,567	1,558	1,591	1,644	1,651	1,615	1,614	1,592	1,517
Total Preferred & Common Equity	1,372	1,549	1,567	1,558	1,591	1,644	1,651	1,615	1,614	1,592	1,517
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,372	1,549	1,567	1,558	1,591	1,644	1,651	1,615	1,614	1,592	1,517
Common Stock	811	814	818	825	831	834	837	842	846	849	856
Retained Earnings	1,142	1,539	1,713	1,800	2,096	2,155	2,159	2,122	2,117	2,112	2,084
Treasury Stock	-521	-792	-949	-1,051	-1,296	-1,297	-1,297	-1,301	-1,301	-1,321	-1,364
Accumulated Other Comprehensive Income / (Loss)	-61	-13	-16	-16	-40	-48	-48	-49	-49	-48	-59

This table displays calculated financial ratios and metrics derived from Alpha Metallurgical Resources' official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-4.10%	0.00%	-29.24%	59.49%	81.59%	-15.36%	-14.81%	-27.99%
EBITDA Growth	0.00%	-13.31%	-44.33%	-97.57%	13,664.25%	243.73%	-41.45%	-61.16%	-73.15%
EBIT Growth	0.00%	4.87%	-193.14%	3.70%	311.78%	334.20%	-45.74%	-74.85%	-134.64%
NOPAT Growth	0.00%	42.47%	-127.73%	-0.94%	397.13%	314.89%	-49.96%	-72.48%	-121.18%
Net Income Growth	0.00%	93.61%	0.00%	-41.28%	164.62%	401.59%	-50.16%	-74.02%	-132.89%
EPS Growth	0.00%	77.98%	0.00%	-45.18%	162.65%	419.54%	-37.98%	-71.03%	-133.26%
Operating Cash Flow Growth	0.00%	-49.60%	0.00%	-2.00%	35.37%	748.28%	-42.64%	-31.87%	-75.01%
Free Cash Flow Firm Growth	0.00%	0.00%	155.51%	-51.42%	-13.38%	833.11%	-69.31%	-17.99%	-106.15%
Invested Capital Growth	0.00%	291.14%	-33.00%	-30.42%	31.15%	10.46%	32.52%	-11.36%	-1.91%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	28.76%	-0.12%	4.09%	-10.38%	-4.35%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-97.77%	223.74%	-3.83%	1.08%	-34.65%	-23.44%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	627.50%	-3.64%	-0.73%	-48.68%	-73.11%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	994.00%	-3.23%	-5.26%	-47.32%	-104.21%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	519.70%	-2.48%	-5.83%	-48.71%	-32.53%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	493.32%	1.29%	-2.47%	-48.73%	-36.10%
Operating Cash Flow Q/Q Growth	0.00%	-31.33%	0.00%	91.93%	37.99%	5.74%	1.72%	-19.79%	-20.47%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-75.55%	30.38%	4.54%	-10.71%	-23.74%	-605.48%
Invested Capital Q/Q Growth	0.00%	0.00%	-35.41%	-14.72%	24.84%	7.15%	6.18%	0.03%	0.36%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	79.04%	72.65%	16.66%	9.55%	25.72%	44.27%	32.13%	17.10%	9.62%
EBITDA Margin	4.90%	4.43%	7.49%	0.26%	22.19%	42.01%	29.06%	13.25%	4.93%
Operating Margin	2.88%	3.19%	-8.45%	-12.05%	15.90%	38.54%	24.86%	7.70%	-2.88%
EBIT Margin	2.90%	3.17%	-8.96%	-12.19%	16.19%	38.71%	24.82%	7.33%	-3.52%
Profit (Net Income) Margin	2.44%	4.93%	-15.81%	-31.56%	12.79%	35.32%	20.80%	6.34%	-2.90%
Tax Burden Percent	146.11%	217.59%	115.91%	183.43%	98.83%	93.17%	85.39%	89.01%	70.53%
Interest Burden Percent	57.61%	71.42%	152.21%	141.11%	79.91%	97.92%	98.14%	97.27%	116.55%
Effective Tax Rate	-64.28%	-120.27%	0.00%	0.00%	1.17%	6.83%	14.61%	10.99%	0.00%
Return on Invested Capital (ROIC)	82.23%	47.70%	-9.95%	-14.76%	46.23%	160.64%	65.86%	16.86%	-3.84%
ROIC Less NNEP Spread (ROIC-NNEP)	28.84%	6.90%	-74.57%	-105.33%	29.44%	194.72%	69.79%	20.58%	0.08%
Return on Net Nonoperating Assets (RNNOA)	84.56%	3.71%	-65.63%	-84.97%	31.08%	-14.07%	-17.79%	-5.22%	-0.03%
Return on Equity (ROE)	166.78%	51.41%	-75.57%	-99.73%	77.32%	146.56%	48.07%	11.64%	-3.86%
Cash Return on Invested Capital (CROIC)	0.00%	-70.85%	29.57%	21.11%	19.28%	150.69%	37.89%	28.90%	-1.91%
Operating Return on Assets (OROA)	21.94%	10.75%	-15.57%	-8.67%	20.67%	76.15%	36.51%	8.94%	-3.18%
Return on Assets (ROA)	18.47%	16.70%	-27.47%	-22.44%	16.33%	69.47%	30.60%	7.74%	-2.61%
Return on Common Equity (ROCE)	166.78%	51.41%	-75.57%	-99.73%	77.32%	146.56%	48.07%	11.64%	-3.86%
Return on Equity Simple (ROE_SIMPLE)	166.78%	27.93%	-45.44%	-223.34%	52.80%	101.31%	45.87%	11.37%	0.00%
Net Operating Profit after Tax (NOPAT)	300	427	-118	-119	355	1,473	737	203	-43
NOPAT Margin	4.73%	7.03%	-5.91%	-8.44%	15.72%	35.91%	21.23%	6.86%	-2.02%
Net Nonoperating Expense Percent (NNEP)	53.39%	40.80%	64.62%	90.57%	16.79%	-34.08%	-3.93%	-3.73%	-3.92%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	102.23%	46.52%	12.25%	-2.76%
Cost of Revenue to Revenue	20.96%	27.35%	83.34%	90.45%	74.28%	55.73%	67.87%	82.90%	90.38%
SG&A Expenses to Revenue	1.07%	0.98%	3.95%	4.05%	2.83%	1.75%	2.37%	2.50%	2.83%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	2.76%	69.46%	25.11%	21.60%	9.82%	5.72%	7.26%	9.39%	12.50%
Earnings before Interest and Taxes (EBIT)	184	193	-179	-173	366	1,588	861	217	-75
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	310	269	150	3.64	501	1,723	1,009	392	105
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.72	0.22	0.99	1.95	1.62	2.86	1.58	1.66
Price to Tangible Book Value (P/TBV)	0.00	0.94	0.27	1.77	2.26	1.68	2.95	1.62	1.70
Price to Revenue (P/Rev)	0.00	0.13	0.08	0.14	0.47	0.56	1.30	0.88	1.21
Price to Earnings (P/E)	0.00	2.57	0.00	0.00	3.69	1.60	6.24	13.89	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.82%	0.70%	0.00%	0.00%
Earnings Yield	0.00%	38.85%	0.00%	0.00%	27.08%	62.69%	16.04%	7.20%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.79	0.56	0.96	1.60	1.92	3.30	1.84	1.92
Enterprise Value to Revenue (EV/Rev)	0.00	0.19	0.27	0.45	0.62	0.45	1.21	0.71	1.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	4.18	3.58	175.99	2.77	1.07	4.17	5.32	20.34
Enterprise Value to EBIT (EV/EBIT)	0.00	5.84	0.00	0.00	3.80	1.16	4.88	9.63	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	2.63	0.00	0.00	3.92	1.25	5.70	10.29	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	7.10	4.07	4.96	7.95	1.24	4.94	3.60	14.72
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	1.53	3.75	9.39	1.33	9.91	6.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	4.02	0.55	0.85	2.91	0.82	0.01	0.01	0.00	0.01
Long-Term Debt to Equity	3.91	0.51	0.81	2.77	0.81	0.01	0.00	0.00	0.01
Financial Leverage	2.93	0.54	0.88	0.81	1.06	-0.07	-0.25	-0.25	-0.30
Leverage Ratio	9.03	3.08	3.31	4.44	4.74	2.11	1.57	1.50	1.48
Compound Leverage Factor	5.20	2.20	5.04	6.27	3.78	2.07	1.54	1.46	1.72
Debt to Total Capital	80.09%	35.44%	46.00%	74.43%	45.06%	0.76%	0.65%	0.35%	0.86%
Short-Term Debt to Total Capital	2.31%	2.58%	2.21%	3.68%	0.30%	0.21%	0.23%	0.18%	0.23%
Long-Term Debt to Total Capital	77.78%	32.86%	43.79%	70.75%	44.76%	0.55%	0.43%	0.17%	0.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	19.91%	64.56%	54.00%	25.57%	54.94%	99.24%	99.35%	99.65%	99.14%
Debt to EBITDA	1.20	2.18	3.96	159.95	0.89	0.01	0.01	0.01	0.13
Net Debt to EBITDA	0.74	1.32	2.54	121.72	0.65	-0.27	-0.30	-1.32	-4.16
Long-Term Debt to EBITDA	1.17	2.03	3.77	152.03	0.89	0.00	0.01	0.01	0.09
Debt to NOPAT	1.24	1.38	-5.01	-4.88	1.26	0.01	0.01	0.03	-0.31
Net Debt to NOPAT	0.77	0.83	-3.21	-3.71	0.91	-0.32	-0.40	-2.56	10.16
Long-Term Debt to NOPAT	1.21	1.28	-4.77	-4.63	1.26	0.01	0.01	0.01	-0.23
Altman Z-Score	0.00	3.13	0.93	0.46	2.59	6.75	7.38	5.11	4.58
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	1.91	2.34	2.26	1.97	2.53	2.77	3.38	4.13	4.47
Quick Ratio	1.11	1.48	1.39	1.10	1.93	1.88	2.51	3.36	3.38
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-634	352	171	148	1,382	424	348	-21
Operating Cash Flow to CapEx	390.18%	195.81%	69.55%	86.18%	233.02%	923.54%	358.84%	293.16%	114.22%
Free Cash Flow to Firm to Interest Expense	0.00	-12.47	3.74	2.29	2.13	63.38	43.82	91.24	-7.08
Operating Cash Flow to Interest Expense	4.21	3.11	1.40	1.73	2.51	68.07	87.97	152.17	48.00
Operating Cash Flow Less CapEx to Interest Expense	3.13	1.52	-0.61	-0.28	1.43	60.70	63.45	100.26	5.97
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	7.57	3.39	1.74	0.71	1.28	1.97	1.47	1.22	0.90
Accounts Receivable Turnover	49.73	28.92	0.00	7.66	7.12	9.15	7.57	6.78	6.65
Inventory Turnover	19.08	17.35	0.00	9.89	14.13	13.86	10.91	12.24	10.63
Fixed Asset Turnover	35.19	13.80	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	17.39	17.40	0.00	18.15	22.60	23.31	20.06	21.75	23.64
Days Sales Outstanding (DSO)	7.34	12.62	0.00	47.66	51.30	39.89	48.20	53.80	54.91
Days Inventory Outstanding (DIO)	19.13	21.04	0.00	36.89	25.83	26.34	33.46	29.82	34.35
Days Payable Outstanding (DPO)	20.99	20.97	0.00	20.11	16.15	15.66	18.19	16.78	15.44
Cash Conversion Cycle (CCC)	5.48	12.69	0.00	64.44	60.97	50.57	63.47	66.84	73.83
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	364	1,425	955	664	871	962	1,275	1,131	1,109
Invested Capital Turnover	17.38	6.79	1.68	1.75	2.94	4.47	3.10	2.46	1.90
Increase / (Decrease) in Invested Capital	0.00	1,061	-470	-290	207	91	313	-145	-22
Enterprise Value (EV)	0.00	1,124	537	641	1,391	1,843	4,204	2,086	2,134
Market Capitalization	0.00	770	156	198	1,067	2,311	4,502	2,605	2,570
Book Value per Share	$9.07	$91.45	$38.22	$10.93	$29.72	$89.68	$118.49	$126.73	$120.20
Tangible Book Value per Share	$7.26	$70.09	$31.40	$6.11	$25.69	$86.22	$114.98	$123.66	$117.52
Total Capital	465	1,659	1,289	783	995	1,441	1,584	1,655	1,559
Total Debt	373	588	593	583	449	11	10	5.78	13
Total Long-Term Debt	362	545	564	554	446	7.90	6.79	2.87	9.84
Net Debt	231	354	380	443	324	-467	-298	-519	-436
Capital Expenditures (CapEx)	81	81	190	150	75	161	237	198	127
Debt-free, Cash-free Net Working Capital (DFCFNWC)	90	284	212	141	362	342	474	307	301
Debt-free Net Working Capital (DFNWC)	232	517	425	280	455	715	742	788	716
Net Working Capital (NWC)	221	474	396	251	452	712	738	786	713
Net Nonoperating Expense (NNE)	145	128	198	327	66	24	15	15	19
Net Nonoperating Obligations (NNO)	272	354	259	464	324	-467	-298	-519	-436
Total Depreciation and Amortization (D&A)	127	77	329	176	136	135	147	175	180
Debt-free, Cash-free Net Working Capital to Revenue	1.42%	4.67%	10.59%	9.93%	16.02%	8.35%	13.65%	10.38%	14.13%
Debt-free Net Working Capital to Revenue	3.66%	8.51%	21.23%	19.77%	20.15%	17.43%	21.37%	26.66%	33.64%
Net Working Capital to Revenue	3.49%	7.81%	19.80%	17.73%	20.01%	17.35%	21.27%	26.56%	33.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$15.12	$27.28	$0.00	($24.42)	$15.66	$82.82	$51.18	$14.41	($4.75)
Adjusted Weighted Average Basic Shares Outstanding	10.22M	10.97M	0.00	18.30M	18.44M	17.49M	14.11M	13.01M	13.00M
Adjusted Diluted Earnings per Share	$14.35	$25.54	$0.00	($24.42)	$15.30	$79.49	$49.30	$14.28	($4.75)
Adjusted Weighted Average Diluted Shares Outstanding	10.77M	11.71M	0.00	18.30M	18.87M	18.22M	14.64M	13.13M	13.00M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	19.09M	0.00	36.78M	18.53M	15.17M	12.99M	13.05M	12.79M
Normalized Net Operating Profit after Tax (NOPAT)	128	136	15	-61	354	1,473	737	203	-43
Normalized NOPAT Margin	2.02%	2.23%	0.75%	-4.29%	15.69%	35.91%	21.23%	6.86%	-2.02%
Pre Tax Income Margin	1.67%	2.26%	-13.64%	-17.20%	12.94%	37.91%	24.35%	7.13%	-4.11%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.46	3.79	-1.91	-2.32	5.25	72.82	89.03	56.85	-24.86
NOPAT to Interest Expense	4.01	8.39	-1.26	-1.60	5.10	67.56	76.17	53.22	-14.23
EBIT Less CapEx to Interest Expense	1.38	2.20	-3.93	-4.33	4.17	65.45	64.52	4.94	-66.89
NOPAT Less CapEx to Interest Expense	2.93	6.80	-3.28	-3.62	4.02	60.19	51.65	1.31	-56.26
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	65.19%	0.00%	0.00%	0.00%	0.00%	0.92%	15.65%	1.64%	-0.67%
Augmented Payout Ratio	97.51%	8.09%	-11.89%	-0.05%	0.27%	36.94%	90.46%	66.84%	-73.87%

This table displays calculated financial ratios and metrics derived from Alpha Metallurgical Resources' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	12,792,685.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	12,792,685.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-0.86
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-14.71%	16.58%	-5.18%	-6.34%	-9.43%	-35.69%	-38.44%	-31.56%	-21.60%	-15.69%	-1.31%
EBITDA Growth	-48.93%	4.37%	-47.43%	-55.43%	-69.03%	-80.65%	-98.99%	-59.45%	-15.35%	-63.63%	1,618.72%
EBIT Growth	-55.86%	-2.91%	-55.60%	-69.13%	-97.75%	-96.68%	-131.24%	-101.35%	-320.58%	-449.45%	67.99%
NOPAT Growth	-62.03%	-18.24%	-53.06%	-64.75%	-96.19%	-102.04%	-122.03%	-97.13%	-147.50%	-299.01%	74.03%
Net Income Growth	-62.89%	-20.24%	-53.10%	-67.52%	-95.95%	-101.21%	-126.73%	-108.41%	-244.98%	-711.23%	67.50%
EPS Growth	-53.40%	-8.49%	-43.62%	-63.08%	-95.64%	-100.67%	-127.11%	-108.46%	-244.83%	-1,400.00%	66.92%
Operating Cash Flow Growth	-68.37%	7.78%	10.53%	-56.46%	20.52%	-71.78%	-88.69%	-61.46%	-73.32%	-66.29%	30.95%
Free Cash Flow Firm Growth	-464.67%	-197.07%	25.40%	-123.27%	136.35%	209.07%	65.77%	864.79%	-68.55%	-95.29%	-104.61%
Invested Capital Growth	33.73%	32.52%	3.65%	7.08%	-5.91%	-11.36%	-12.70%	-11.45%	-2.24%	-1.91%	-0.09%
Revenue Q/Q Growth	-13.58%	29.41%	-9.99%	-6.96%	-16.43%	-8.12%	-13.83%	3.44%	-4.27%	-1.20%	0.87%
EBITDA Q/Q Growth	-39.83%	69.80%	-29.13%	-38.44%	-58.19%	6.06%	-96.31%	2,376.85%	-12.72%	-55.45%	51.31%
EBIT Q/Q Growth	-46.35%	82.38%	-34.18%	-52.07%	-96.09%	168.71%	-719.87%	97.93%	-540.27%	-325.71%	43.22%
NOPAT Q/Q Growth	-47.04%	88.36%	-30.47%	-49.18%	-94.27%	-200.66%	-651.75%	106.61%	-194.99%	-745.52%	51.08%
Net Income Q/Q Growth	-48.27%	87.62%	-27.85%	-53.61%	-93.54%	-155.97%	-1,494.50%	85.41%	-11.32%	-213.16%	36.12%
EPS Q/Q Growth	-45.31%	102.71%	-28.86%	-53.18%	-93.54%	-131.03%	-2,788.89%	85.38%	-10.53%	-221.43%	36.30%
Operating Cash Flow Q/Q Growth	-50.44%	26.81%	-1.64%	-29.55%	37.17%	-70.31%	-60.57%	139.98%	-5.04%	-62.48%	53.15%
Free Cash Flow Firm Q/Q Growth	-347.73%	37.03%	163.42%	-123.52%	487.07%	88.94%	-3.61%	8.50%	-84.08%	-71.72%	-194.30%
Invested Capital Q/Q Growth	0.98%	6.18%	1.38%	-1.50%	-11.27%	0.03%	-0.15%	-0.08%	-2.04%	0.36%	1.70%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.89%	30.32%	24.97%	17.43%	10.89%	12.41%	5.15%	12.78%	12.37%	8.06%	9.64%
EBITDA Margin	20.45%	26.84%	21.13%	13.98%	6.99%	8.07%	0.35%	8.28%	7.55%	3.40%	5.11%
Operating Margin	15.79%	22.22%	16.42%	8.79%	0.79%	1.62%	-7.55%	0.48%	-0.48%	-4.10%	-1.99%
EBIT Margin	15.71%	22.14%	16.19%	8.34%	0.39%	1.14%	-8.22%	-0.16%	-1.10%	-4.73%	-2.66%
Profit (Net Income) Margin	12.65%	18.34%	14.70%	7.33%	0.57%	-0.34%	-6.38%	-0.90%	-1.05%	-3.32%	-2.10%
Tax Burden Percent	83.18%	86.05%	89.97%	91.78%	-1,344.17%	-37.44%	74.80%	79.88%	62.35%	63.90%	67.44%
Interest Burden Percent	96.77%	96.23%	100.89%	95.71%	-10.79%	80.64%	103.84%	686.06%	152.82%	109.69%	116.93%
Effective Tax Rate	16.82%	13.95%	10.03%	8.22%	0.00%	137.44%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	41.74%	59.32%	39.82%	22.07%	1.57%	-1.49%	-11.46%	0.67%	-0.67%	-5.45%	-2.62%
ROIC Less NNEP Spread (ROIC-NNEP)	42.61%	61.29%	40.03%	23.67%	1.55%	-1.88%	-9.97%	2.26%	0.08%	-4.96%	-1.76%
Return on Net Nonoperating Assets (RNNOA)	-12.08%	-15.62%	-7.64%	-5.51%	-0.42%	0.48%	2.44%	-0.59%	-0.02%	1.48%	0.49%
Return on Equity (ROE)	29.66%	43.70%	32.18%	16.57%	1.14%	-1.01%	-9.02%	0.07%	-0.69%	-3.97%	-2.12%
Cash Return on Invested Capital (CROIC)	45.24%	37.89%	43.08%	31.61%	39.12%	28.90%	17.72%	10.84%	0.38%	-1.91%	-1.87%
Operating Return on Assets (OROA)	22.72%	32.58%	23.06%	11.59%	0.53%	1.39%	-8.87%	-0.16%	-1.01%	-4.27%	-2.42%
Return on Assets (ROA)	18.29%	26.98%	20.93%	10.18%	0.77%	-0.42%	-6.89%	-0.88%	-0.97%	-2.99%	-1.90%
Return on Common Equity (ROCE)	29.66%	43.70%	32.18%	16.57%	1.14%	-1.01%	-9.02%	0.07%	-0.69%	-3.97%	-2.12%
Return on Equity Simple (ROE_SIMPLE)	49.20%	0.00%	36.34%	27.73%	22.16%	0.00%	1.65%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	97	184	128	65	3.72	-3.74	-28	1.86	-1.77	-15	-7.30
NOPAT Margin	13.14%	19.12%	14.77%	8.07%	0.55%	-0.61%	-5.29%	0.34%	-0.34%	-2.87%	-1.39%
Net Nonoperating Expense Percent (NNEP)	-0.88%	-1.97%	-0.22%	-1.59%	0.02%	0.39%	-1.49%	-1.59%	-0.74%	-0.49%	-0.85%
Return On Investment Capital (ROIC_SIMPLE)	-	11.59%	-	-	-	-0.23%	-1.74%	0.11%	-0.11%	-0.96%	-0.48%
Cost of Revenue to Revenue	76.11%	69.68%	75.03%	82.57%	89.11%	87.59%	94.85%	87.22%	87.63%	91.94%	90.36%
SG&A Expenses to Revenue	2.43%	2.72%	2.59%	2.34%	2.38%	2.73%	2.90%	2.77%	2.98%	2.66%	3.16%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	8.10%	8.10%	8.55%	8.64%	10.10%	10.79%	12.70%	12.30%	12.85%	12.16%	11.63%
Earnings before Interest and Taxes (EBIT)	117	213	140	67	2.62	7.05	-44	-0.90	-5.79	-25	-14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	152	258	183	112	47	50	1.84	46	40	18	27
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.28	2.86	2.76	2.22	1.86	1.58	1.01	0.91	1.35	1.66	1.73
Price to Tangible Book Value (P/TBV)	2.35	2.95	2.85	2.28	1.91	1.62	1.04	0.93	1.38	1.70	1.77
Price to Revenue (P/Rev)	1.06	1.30	1.28	1.08	0.93	0.88	0.62	0.62	0.96	1.21	1.24
Price to Earnings (P/E)	4.63	6.24	7.61	8.01	8.41	13.89	61.38	0.00	0.00	0.00	0.00
Dividend Yield	0.72%	0.70%	0.71%	0.84%	1.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	21.60%	16.04%	13.14%	12.49%	11.90%	7.20%	1.63%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.66	3.30	3.17	2.57	2.26	1.84	1.02	0.87	1.50	1.92	1.98
Enterprise Value to Revenue (EV/Rev)	0.96	1.21	1.20	0.97	0.77	0.71	0.44	0.41	0.74	1.00	1.05
Enterprise Value to EBITDA (EV/EBITDA)	3.20	4.17	4.86	4.66	4.26	5.32	5.44	6.81	12.08	20.34	17.19
Enterprise Value to EBIT (EV/EBIT)	3.68	4.88	5.98	6.12	6.05	9.63	34.78	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	4.10	5.70	6.92	6.93	6.63	10.29	22.80	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	3.81	4.94	4.71	4.75	3.53	3.60	2.83	3.06	9.08	14.72	14.74
Enterprise Value to Free Cash Flow (EV/FCFF)	6.72	9.91	7.49	8.42	5.60	6.00	5.35	7.54	391.19	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.01	0.01
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01
Financial Leverage	-0.28	-0.25	-0.19	-0.23	-0.27	-0.25	-0.24	-0.26	-0.31	-0.30	-0.28
Leverage Ratio	1.57	1.57	1.53	1.51	1.51	1.50	1.52	1.49	1.49	1.48	1.50
Compound Leverage Factor	1.52	1.51	1.55	1.45	-0.16	1.21	1.57	10.25	2.27	1.62	1.75
Debt to Total Capital	0.67%	0.65%	0.59%	0.52%	0.40%	0.35%	0.31%	0.36%	0.31%	0.86%	0.80%
Short-Term Debt to Total Capital	0.22%	0.23%	0.21%	0.20%	0.19%	0.18%	0.16%	0.16%	0.13%	0.23%	0.21%
Long-Term Debt to Total Capital	0.45%	0.43%	0.38%	0.32%	0.22%	0.17%	0.15%	0.19%	0.18%	0.63%	0.59%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.33%	99.35%	99.41%	99.48%	99.60%	99.65%	99.69%	99.64%	99.69%	99.14%	99.20%
Debt to EBITDA	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.04	0.04	0.13	0.09
Net Debt to EBITDA	-0.36	-0.30	-0.35	-0.53	-0.87	-1.32	-2.30	-3.37	-3.56	-4.16	-2.99
Long-Term Debt to EBITDA	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.09	0.07
Debt to NOPAT	0.01	0.01	0.02	0.02	0.02	0.03	0.10	-0.37	-0.24	-0.31	-0.55
Net Debt to NOPAT	-0.46	-0.40	-0.50	-0.78	-1.35	-2.56	-9.64	31.23	23.16	10.16	17.58
Long-Term Debt to NOPAT	0.01	0.01	0.01	0.01	0.01	0.01	0.05	-0.20	-0.14	-0.23	-0.41
Altman Z-Score	5.70	6.49	6.17	5.61	5.16	4.83	3.89	3.78	4.29	4.66	4.59
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.33	3.38	3.15	3.55	3.59	4.13	3.87	4.06	3.95	4.47	3.67
Quick Ratio	2.31	2.51	2.33	2.73	2.82	3.36	3.04	3.06	2.98	3.38	2.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-206	-129	82	-19	75	141	136	148	24	6.65	-6.27
Operating Cash Flow to CapEx	292.69%	325.64%	309.60%	227.21%	605.70%	132.64%	57.81%	153.72%	201.40%	65.87%	71.42%
Free Cash Flow to Firm to Interest Expense	-117.73	-29.73	75.59	-17.53	71.78	242.17	178.35	194.02	30.72	9.10	-7.45
Operating Cash Flow to Interest Expense	90.03	45.79	180.55	125.45	182.00	96.50	29.07	69.95	66.08	25.98	34.54
Operating Cash Flow Less CapEx to Interest Expense	59.27	31.73	122.23	70.24	151.95	23.74	-21.22	24.45	33.27	-13.46	-13.82
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.45	1.47	1.42	1.39	1.37	1.22	1.08	0.97	0.92	0.90	0.91
Accounts Receivable Turnover	7.25	7.57	6.39	7.19	8.17	6.78	6.05	5.92	6.70	6.65	6.59
Inventory Turnover	9.93	10.91	9.62	10.34	10.93	12.24	10.58	9.90	9.69	10.63	9.40
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	20.05	20.06	17.98	22.26	22.15	21.75	17.64	20.24	20.40	23.64	18.65
Days Sales Outstanding (DSO)	50.33	48.20	57.16	50.75	44.70	53.80	60.36	61.65	54.52	54.91	55.38
Days Inventory Outstanding (DIO)	36.75	33.46	37.95	35.29	33.39	29.82	34.49	36.87	37.67	34.35	38.84
Days Payable Outstanding (DPO)	18.20	18.19	20.30	16.40	16.48	16.78	20.69	18.04	17.89	15.44	19.57
Cash Conversion Cycle (CCC)	68.88	63.47	74.82	69.64	61.61	66.84	74.15	80.48	74.29	73.83	74.65
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,201	1,275	1,293	1,274	1,130	1,131	1,129	1,128	1,105	1,109	1,128
Invested Capital Turnover	3.18	3.10	2.70	2.74	2.83	2.46	2.17	1.97	1.99	1.90	1.88
Increase / (Decrease) in Invested Capital	303	313	46	84	-71	-145	-164	-146	-25	-22	-1.04
Enterprise Value (EV)	3,192	4,204	4,101	3,279	2,554	2,086	1,149	982	1,655	2,134	2,237
Market Capitalization	3,549	4,502	4,399	3,649	3,074	2,605	1,635	1,468	2,142	2,570	2,626
Book Value per Share	$113.83	$118.49	$122.38	$126.36	$126.82	$126.73	$123.72	$123.63	$121.97	$120.20	$118.58
Tangible Book Value per Share	$110.28	$114.98	$118.92	$123.03	$123.62	$123.66	$120.77	$120.78	$119.22	$117.52	$115.96
Total Capital	1,569	1,584	1,601	1,652	1,657	1,655	1,620	1,619	1,597	1,559	1,529
Total Debt	11	10	9.43	8.56	6.68	5.78	5.03	5.77	4.97	13	12
Total Long-Term Debt	7.06	6.79	6.03	5.30	3.58	2.87	2.37	3.14	2.85	9.84	8.98
Net Debt	-357	-298	-298	-370	-520	-519	-486	-486	-487	-436	-389
Capital Expenditures (CapEx)	54	61	63	61	31	42	38	35	25	29	41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	441	474	469	454	307	307	302	298	284	301	298
Debt-free Net Working Capital (DFNWC)	737	742	739	791	791	788	750	748	742	716	665
Net Working Capital (NWC)	734	738	735	787	788	786	747	745	739	713	661
Net Nonoperating Expense (NNE)	3.64	7.55	0.65	5.96	-0.09	-1.61	5.82	6.81	3.75	2.34	3.73
Net Nonoperating Obligations (NNO)	-357	-298	-298	-370	-520	-519	-486	-486	-487	-436	-389
Total Depreciation and Amortization (D&A)	35	45	43	45	44	43	46	46	46	42	41
Debt-free, Cash-free Net Working Capital to Revenue	13.23%	13.65%	13.70%	13.48%	9.30%	10.38%	11.51%	12.59%	12.74%	14.13%	14.03%
Debt-free Net Working Capital to Revenue	22.11%	21.37%	21.57%	23.46%	23.98%	26.66%	28.57%	31.52%	33.31%	33.64%	31.32%
Net Working Capital to Revenue	22.00%	21.27%	21.47%	23.36%	23.89%	26.56%	28.47%	31.41%	33.21%	33.47%	31.17%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$6.88	$13.93	$9.77	$4.53	$0.29	($0.18)	($2.60)	($0.38)	($0.42)	($1.35)	($0.86)
Adjusted Weighted Average Basic Shares Outstanding	13.63M	14.11M	13.00M	13.01M	13.02M	13.01M	13.05M	13.06M	13.02M	13.00M	12.80M
Adjusted Diluted Earnings per Share	$6.65	$13.48	$9.59	$4.49	$0.29	($0.09)	($2.60)	($0.38)	($0.42)	($1.35)	($0.86)
Adjusted Weighted Average Diluted Shares Outstanding	14.11M	14.64M	13.24M	13.11M	13.09M	13.13M	13.05M	13.06M	13.02M	13.00M	12.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	13.28M	12.99M	13.01M	13.02M	13.02M	13.05M	13.05M	13.05M	12.86M	12.79M	12.71M
Normalized Net Operating Profit after Tax (NOPAT)	97	184	128	65	3.72	6.99	-28	1.86	-1.77	-15	-7.30
Normalized NOPAT Margin	13.14%	19.12%	14.77%	8.07%	0.55%	1.13%	-5.29%	0.34%	-0.34%	-2.87%	-1.39%
Pre Tax Income Margin	15.20%	21.31%	16.34%	7.98%	-0.04%	0.92%	-8.53%	-1.13%	-1.68%	-5.19%	-3.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	66.75	48.82	128.84	60.91	2.52	12.09	-57.28	-1.19	-7.57	-33.75	-16.64
NOPAT to Interest Expense	55.82	42.16	117.53	58.91	3.57	-6.42	-36.86	2.44	-2.31	-20.45	-8.68
EBIT Less CapEx to Interest Expense	35.99	34.76	70.52	5.70	-27.53	-60.66	-107.57	-46.69	-40.37	-73.20	-64.99
NOPAT Less CapEx to Interest Expense	25.06	28.10	59.22	3.70	-26.48	-79.17	-87.14	-43.06	-35.12	-59.89	-57.04
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	13.86%	15.65%	5.19%	5.14%	4.47%	1.64%	1.85%	-1.11%	-0.89%	-0.67%	0.00%
Augmented Payout Ratio	83.52%	90.46%	93.62%	83.37%	74.02%	66.84%	44.51%	-27.46%	-64.92%	-73.87%	-162.23%

Financials Breakdown Chart

Key Financial Trends

Below is a concise, investor-focused takeaway on Alpha Metallurgical Resources (NYSE: AMR) using its quarterly statements from the last four years. The focus is on trends in cash flow, profitability, and balance sheet posture to help gauge financial resilience and risk.

Operating cash flow has been positive in all four 2025 quarters (Q1: about $22.2M; Q2: about $53.2M; Q3: about $50.5M; Q4: about $18.97M), suggesting the business can fund ongoing operations despite quarterly net losses.
Cash and equivalents remained strong in 2025, hovering around $408M–$449M across the latest quarters, providing liquidity headroom.
Debt burden is modest. Long-term debt has been in the low millions (roughly $2.4M–$3.1M) with minimal short-term debt, indicating relatively low leverage versus assets and equity.
Total equity remains robust, with Total Common Equity near $1.59B–$1.62B in 2025, signaling a solid balance-sheet cushion for potential financing needs or investor returns.

Revenue and gross margin have shown volatility over the period, reflecting commodity-price sensitivity and cyclicality typical for met coal producers. For example, quarterly gross margins varied (Q3 2025 around 12% vs Q4 2025 around 8%), highlighting margin pressure at times.
Investing activities are consistently cash-consuming due to ongoing capital expenditures and investments, aligning with expansion or modernization plans and contributing to negative cash flows from investing activities.
Financing activities have generally burned cash (e.g., share repurchases and dividends), indicating active capital allocation decisions that reduce cash but may support shareholder value or stock performance long term.

Net income attributable to common shareholders was negative in most 2025 quarters (Q1: around -$33.9M; Q2: around -$4.95M; Q3: around -$5.52M; Q4: around -$17.27M), signaling ongoing profitability challenges even as cash flow remains positive.
Gross margin compression is evident in some periods; for example, Q4 2025 gross margin fell to roughly 8%, down from higher margins seen in earlier years, implying weaker per-unit profitability.
Working capital movements were cash outflows in the latest quarters (e.g., Q4 2025 changes in operating assets and liabilities around -$23.96M; similar headwinds in prior quarters), suggesting recurring cash use tied to operating cycle dynamics.

05/18/26 04:30 PM ETAI Generated. May Contain Errors.

Alpha Metallurgical Resources Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Alpha Metallurgical Resources' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Alpha Metallurgical Resources' net income appears to be on an upward trend, with a most recent value of -$61.69 million in 2025, falling from $154.52 million in 2017. The previous period was $187.58 million in 2024. See Alpha Metallurgical Resources' forecast for analyst expectations on what's next for the company.

Alpha Metallurgical Resources' total operating income in 2025 was -$61.37 million, based on the following breakdown:

Total Gross Profit: $204.79 million
Total Operating Expenses: $266.16 million

Over the last 7 years, Alpha Metallurgical Resources' total revenue changed from $6.33 billion in 2017 to $2.13 billion in 2025, a change of -66.4%.

Alpha Metallurgical Resources' total liabilities were at $735.13 million at the end of 2025, a 6.9% decrease from 2024, and a 1.2% decrease since 2017.

In the past 7 years, Alpha Metallurgical Resources' cash and equivalents has ranged from $81.21 million in 2021 to $481.58 million in 2024, and is currently $365.97 million as of their latest financial filing in 2025.

Over the last 8 years, Alpha Metallurgical Resources' book value per share changed from 9.07 in 2017 to 120.20 in 2025, a change of 1,225.4%.

Related Companies

Financial statements for NYSE:AMR last updated on 5/13/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Alpha Metallurgical Resources (AMR) Financials

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Alpha Metallurgical Resources (AMR) Financials

Annual Income Statements for Alpha Metallurgical Resources

Quarterly Income Statements for Alpha Metallurgical Resources

Annual Cash Flow Statements for Alpha Metallurgical Resources

Quarterly Cash Flow Statements for Alpha Metallurgical Resources

Annual Balance Sheets for Alpha Metallurgical Resources

Quarterly Balance Sheets for Alpha Metallurgical Resources

Annual Metrics And Ratios for Alpha Metallurgical Resources

Quarterly Metrics And Ratios for Alpha Metallurgical Resources

Financials Breakdown Chart

Key Financial Trends

Alpha Metallurgical Resources Financials - Frequently Asked Questions

When does Alpha Metallurgical Resources' fiscal year end?

How has Alpha Metallurgical Resources' net income changed over the last 7 years?

What is Alpha Metallurgical Resources' operating income?

How has Alpha Metallurgical Resources' revenue changed over the last 7 years?

How much debt does Alpha Metallurgical Resources have?

How much cash does Alpha Metallurgical Resources have?

How has Alpha Metallurgical Resources' book value per share changed over the last 8 years?

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