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

HCC (Warrior Met Coal) ROE % : 8.08% (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Warrior Met Coal ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Warrior Met Coal's annualized net income for the quarter that ended in Sep. 2024 was $167 Mil. Warrior Met Coal's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $2,068 Mil. Therefore, Warrior Met Coal's annualized ROE % for the quarter that ended in Sep. 2024 was 8.08%.

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

HCC' s ROE % Range Over the Past 10 Years
Min: -4.8   Med: 40.82   Max: 123.8
Current: 19.44

During the past 9 years, Warrior Met Coal's highest ROE % was 123.80%. The lowest was -4.80%. And the median was 40.82%.

HCC's ROE % is ranked better than
90.89% of 626 companies
in the Steel industry
Industry Median: 5.205 vs HCC: 19.44

Warrior Met Coal ROE % Historical Data

The historical data trend for Warrior Met Coal's ROE % 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 ROE % Chart

Warrior Met Coal Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only 40.82 -4.80 18.89 55.30 28.82

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
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.05 28.48 28.45 14.05 8.08

Competitive Comparison of Warrior Met Coal's ROE %

For the Coking Coal subindustry, Warrior Met Coal's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution in the Steel Industry

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

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



Warrior Met Coal ROE % Calculation

Warrior Met Coal's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=478.629/( (1447.515+1874.446)/ 2 )
=478.629/1660.9805
=28.82 %

Warrior Met Coal's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=167.064/( (2048.387+2086.827)/ 2 )
=167.064/2067.607
=8.08 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Warrior Met Coal  (NYSE:HCC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=167.064/2067.607
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(167.064 / 1310.88)*(1310.88 / 2570.6525)*(2570.6525 / 2067.607)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.74 %*0.5099*1.2433
=ROA %*Equity Multiplier
=6.5 %*1.2433
=8.08 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=167.064/2067.607
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (167.064 / 185.492) * (185.492 / 156.892) * (156.892 / 1310.88) * (1310.88 / 2570.6525) * (2570.6525 / 2067.607)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9007 * 1.1823 * 11.97 % * 0.5099 * 1.2433
=8.08 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Warrior Met Coal ROE % Related Terms

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


Warrior Met Coal Business Description

Traded in Other Exchanges
Address
16243 Highway 216, Brookwood, AL, USA, 35444
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