AMR Alpha Metallurgical Resources, Inc.

Overview and Growth

In fiscal 2025, Alpha Metallurgical Resources, Inc. recorded $2.13B of revenue, net loss of $61.69M, and an operating cash inflow of $144.93M. Revenue of $2.13B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $2.96B in fiscal 2024, revenue decreased 28.0%, a top-line contraction that reduced operating scale. The company reported diluted EPS of -$4.75, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS decreased by 133.3% from $14.28 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Asset turnover was 0.93x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $204.79M as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 9.6% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced a $61.37M operating loss before non-operating and tax effects. The operating loss equaled 2.9% of revenue, showing the scale of the operating deficit relative to sales. After all below-operating-line items, the company recorded a net loss of $61.69M for the fiscal year. Net margin was -2.9%, reflecting a loss equal to 2.9% of reported revenue. The pretax result was a loss of $87.46M, establishing the deficit before tax effects. Pretax margin was -4.1%, reflecting a pre-tax loss equal to 4.1% of revenue. The company recognized an income-tax benefit of $25.77M, increasing after-tax earnings relative to the pretax result. The net loss equaled 4.0% of period-end equity, showing the deficit relative to book capital. The net loss equaled 2.7% of period-end assets, showing the deficit relative to the asset base.

Liquidity and Capital Structure

At period end, the $2.28B asset base was financed through $735.13M of liabilities and $1.55B of equity. The near-term balance sheet paired $918.31M of current assets with $205.52M of current liabilities at the reporting date. At 4.47x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $365.97M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 178.1% of current liabilities, showing how much near-term coverage came from cash alone. Borrowings totaled $3.86M, adding a fixed financing obligation alongside the company’s equity capital. The debt-to-equity relationship was 0.0x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 0.2%, comparing borrowing with the total asset balance. Relative to total assets, liabilities measured 32.2%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 16.0%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 6.5% from $2.44B in fiscal 2024, leaving current total assets lower year over year. Reported equity changed 6.3% from $1.65B in fiscal 2024, placing the current capital base lower year over year.

Cash Flow and Earnings Quality

The company reported $144.93M of operating cash flow, a cash inflow that shows the cash generated by operations. Capital spending was $127.15M, absorbing part of the cash generated from operations before free cash flow. Capital expenditures represented 87.7% of operating cash flow, leaving the remainder available as free cash flow. Free cash flow came to $17.77M, leaving a positive amount after capital expenditures. Relative to revenue, free cash flow equaled 0.8%, showing how much sales converted into cash after investment. Free cash flow equaled 0.8% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.