Filing Flows › Comparisons › CODQL vs METC
Coronado Global Resources vs Ramaco Resources: CODQL and METC compared
Coronado Global Resources is the larger company: $514M of revenue in its latest quarter (Q2 2026) against $150M for Ramaco Resources (Q3 2026). Ramaco Resources is growing faster (+24% against +10% a year earlier). Coronado Global Resources is more profitable, with an operating margin of -8.7% against -14.1%.
Where the money goes: CODQL and METC
Coronado Global Resources (CODQL) · Q2 2026
Coronado Global Resources, Q2 2026: revenue $514M (+10% year over year), operating margin -8.7%, net loss $99.4M, operating cash flow −$26.0M. The chart follows the revenue to costs, profit and cash.
Ramaco Resources (METC) · Q3 2026
Ramaco Resources, Q3 2026: revenue $150M (+24% year over year), operating margin -14.1%, net loss $18.2M, operating cash flow −$12.0M. The chart follows the revenue to costs, profit and cash.
| Coronado Global Resources (CODQL) | Ramaco Resources (METC) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $514M | $150M |
| Revenue growth, Y/Y | +10% | +24% |
| Operating margin | -8.7% | -14.1% |
| Net earnings | −$99.4M | −$18.2M |
| Net margin | -19.3% | -12.1% |
| Operating cash flow | −$26.0M | −$12.0M |
| Market value | $1.9B | — |
Where the revenue comes from
Coronado Global Resources
- Metallurgical Coal: $480M (93%)
- Thermal Coal: $26.7M (5%)
- Other revenues: $7.8M (2%)
Ramaco Resources
- Export revenue, excluding Canada: $97.1M (65%)
- North American revenue: $53.0M (35%)
Questions
Which is bigger, Coronado Global Resources or Ramaco Resources?
Coronado Global Resources is the larger company: $514M of revenue in its latest quarter (Q2 2026) against $150M for Ramaco Resources (Q3 2026).
Is Coronado Global Resources or Ramaco Resources growing faster?
Ramaco Resources is growing faster (+24% against +10% a year earlier).
Which is more profitable, Coronado Global Resources or Ramaco Resources?
Coronado Global Resources is more profitable, with an operating margin of -8.7% against -14.1%.
More: Coronado Global Resources earnings · how Coronado Global Resources makes money · Ramaco Resources earnings · how Ramaco Resources makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 10, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.