Warrior Met Coal vs Hecla Mining
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Warrior Met Coal and Hecla Mining side by side, using each one’s latest annual report. Here is what stands out:
- Hecla Mining is the larger business, with $1.4B of revenue in fiscal 2025 against $1.3B for Warrior Met Coal.
- Hecla Mining grew revenue faster (53.0%, against −14.1%).
- Hecla Mining kept more of each dollar of sales as operating profit (36.2% operating margin, against 3.5%).
- Hecla Mining turned more of its sales into free cash flow (21.8% FCF margin, against −7.0%).
- Hecla Mining earned a higher return on the capital invested in it (13.5%, against 2.4%).
- Investors pay more for each dollar of Hecla Mining’s earnings: a P/E of 28.3x against 20.7x for Warrior Met Coal.
Who comes out ahead
Of the 11 measures where higher (or lower) is clearly better, how many each company leads.
Warrior Met Coal
HCC
2/11
Net debt / EBITDAShare count change
Hecla Mining
HL
9/11
Revenue growth5-year growthGross marginOperating marginNet marginFCF marginReturn on capitalReturn on equityPiotroski F-score
Side by side
Best in the row
| Latest fiscal year | HCC FY25 | HL FY25 |
|---|---|---|
| Size | ||
| Market cap | $4.5B | $9.4B |
| Revenue | $1.3B | $1.4B |
| Free cash flow | −$91.0M | $310M |
| Net income | $57.0M | $322M |
| Growth | ||
| Revenue growth | −14.1% | 53.0% |
| 5-year growth | 10.9% | 15.5% |
| Share count change | 0.5% | 5.3% |
| Profitability | ||
| Gross margin | 25.0% | 43.7% |
| Operating margin | 3.5% | 36.2% |
| Net margin | 4.4% | 22.6% |
| FCF margin | −7.0% | 21.8% |
| Return on capital | 2.4% | 13.5% |
| Return on equity | 2.7% | 13.9% |
| Balance sheet | ||
| Net debt | −$61.6M | −$18.7M |
| Net debt / EBITDA | −0.3x | −0.0x |
| Dividends and buybacks | $17.8M | $11.3M |
| Valuation & quality | ||
| P/E | 20.7x | 28.3x |
| Piotroski F-score | 4 | 8 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.