Filing Flows › Ramaco Resources (METC) › Q4 2024
Ramaco Resources (METC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
Ramaco Resources (METC) reported revenue of $171M for the fourth quarter 2024 (Q4 2024), -16% from a year earlier and +2% from the quarter before. Operating margin was 3.7%, net earnings $3.9M (2.3% of revenue).
Ramaco Resources, Q4 2024: revenue $171M (-16% year over year), operating margin 3.7%, net earnings $3.9M, operating cash flow $15.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $171M | +2% | -16% |
| Operating profit | $6.4M | +298% | -83% |
| Net earnings | $3.9M | — | -87% |
| Operating cash flow | $15.7M | -58% | -62% |
| Free cash flow | $5.1M | -80% | -78% |
What changed
Revenue was $170.9M in Q4 2024, down 16% year over year and up 2% from the previous quarter. Export Revenues was the largest line at 66% of revenue.
Operating profit was $6.4M, a 3.7% margin (down 14.7 points year over year). Total costs fell 1% while revenue fell 16%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $3.9M, down 87% year over year. The effective tax rate was 36.4%.
Operating cash flow was $15.7M (down 62% year over year), 406% of net earnings. Non-cash charges added back $16.7M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items used $9.1M. Capital expenditures of $10.6M left free cash flow of $5.1M.
Questions
What was Ramaco Resources' revenue in the fourth quarter 2024?
Ramaco Resources (METC) reported revenue of $171M for the fourth quarter 2024 (Q4 2024), -16% from a year earlier and +2% from the quarter before.
Was Ramaco Resources profitable in the fourth quarter 2024?
Operating profit was $6.4M (3.7% of revenue) and net earnings $3.9M.
Source: Ramaco Resources 10-K on SEC EDGAR.