HCC (Warrior Met Coal) Gross Margin % : 15.45% (As of Sep. 2024)

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What is Warrior Met Coal Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Warrior Met Coal's Gross Profit for the three months ended in Sep. 2024 was $51 Mil. Warrior Met Coal's Revenue for the three months ended in Sep. 2024 was $328 Mil. Therefore, Warrior Met Coal's Gross Margin % for the quarter that ended in Sep. 2024 was 15.45%.

The historical rank and industry rank for Warrior Met Coal's Gross Margin % or its related term are showing as below:

HCC' s Gross Margin % Range Over the Past 10 Years
Min: -38.16 Med: 34.52 Max: 50.95
Current: 28.38

During the past 9 years, the highest Gross Margin % of Warrior Met Coal was 50.95%. The lowest was -38.16%. And the median was 34.52%.

HCC's Gross Margin % is ranked better than
87.48% of 599 companies
in the Steel industry
Industry Median: 12.1 vs HCC: 28.38

Warrior Met Coal had a gross margin of 15.45% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Warrior Met Coal was 13.70% per year.

Warrior Met Coal Gross Margin % Historical Data

The historical data trend for Warrior Met Coal's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Warrior Met Coal Gross Margin % Chart

Warrior Met Coal Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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33.15

0.73

31.59

50.95

35.88

Warrior Met Coal Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															28.16	40.33	33.35	21.79	15.45

Competitive Comparison of Warrior Met Coal's Gross Margin %

For the Coking Coal subindustry, Warrior Met Coal's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Warrior Met Coal's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Warrior Met Coal's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Warrior Met Coal's Gross Margin % falls into.

Warrior Met Coal Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Warrior Met Coal's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	601.5	/	1676.625
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1676.625 - 1075.111)	/	1676.625
	=	35.88 %

Warrior Met Coal's Gross Margin for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	50.6	/	327.72
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(327.72 - 277.094)	/	327.72
	=	15.45 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Warrior Met Coal (NYSE:HCC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Warrior Met Coal had a gross margin of 15.45% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Warrior Met Coal Gross Margin % Related Terms

Thank you for viewing the detailed overview of Warrior Met Coal's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Warrior Met Coal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Warrior Met Coal Inc (NYSE:HCC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

WJ4:Germany

Address

16243 Highway 216, Brookwood, AL, USA, 35444

Website

http://www.warriormetcoal.com

Warrior Met Coal Inc is a U.S based company. It produces and exports of met coal that operates underground mines in Alabama. The company sells to steels manufacturers in Europe, Asia, and South America. Its mining operations consist of two underground met coal mines in Southern Appalachia's coal seam and other surface met and thermal coal mines. The Company generates ancillary revenues from the sale of natural gas extracted as a byproduct from the underground coal mines and royalty revenues from leased properties.

Executives

Walter J Scheller	director, officer: CHIEF EXECUTIVE OFFICER	16243 HIGHWAY 216, BIRMINGHAM AL 35444
Kelli K. Gant	officer: See Remarks	C/O WARRIOR MET COAL, LLC, 16243 HIGHWAY 216, BROOKWOOD AL 35444
Alan H Schumacher	director	C/O QUALITY DISTRIBUTION, INC., 4041 PARK OAKS BOULEVARD, SUITE 200, TAMPA FL 33610
Stephen D. Williams	director	C/O WARRIOR MET COAL, LLC, 16243 HIGHWAY 216, BROOK AL 35444
Brian M Chopin	officer: See Remarks	3000 RIVERCHASE GALLERIA, SUITE #1700, BIRMINGHAM AL 35244
Lisa M. Schnorr	director	C/O GRAHAM CORPORATION, 20 FLORENCE AVENUE, BATAVIA NY 14020
Jack K. Richardson	officer: CHIEF OPERATING OFFICER	C/O WARRIOR MET COAL, LLC, 16243 HIGHWAY 216, BROOKWOOD AL 35444
Charles Lussier	officer: Senior VP - Sales & Marketing	16243 HIGHWAY 216, BROOKWOOD AL 35444
Dale W Boyles	officer: CHIEF FINANCIAL OFFICER	1000 EAST HANES MILL ROAD, WINSTON-SALEM NC 27105
Ana B Amicarella	director	1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Apollo Special Opportunities Managed Account Lp	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Apollo Svf Management, L.p.	10 percent owner	TWO MANHATTANVILLE ROAD, PURCHASE NY 10577
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Svf Management Gp, Llc	10 percent owner	9 WEST 57TH STREET, NEW YORK NY 10019
Steamboat Credit Opportunities Intermediate Fund Lp	10 percent owner	C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154