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HCC (Warrior Met Coal) ROA % : 6.50% (As of Sep. 2024)


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What is Warrior Met Coal ROA %?

ROA % is calculated as Net Income divided by its average Total Assets 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 Assets over the quarter that ended in Sep. 2024 was $2,571 Mil. Therefore, Warrior Met Coal's annualized ROA % for the quarter that ended in Sep. 2024 was 6.50%.

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

HCC' s ROA % Range Over the Past 10 Years
Min: -38.72   Med: 21.93   Max: 58.35
Current: 15.51

During the past 9 years, Warrior Met Coal's highest ROA % was 58.35%. The lowest was -38.72%. And the median was 21.93%.

HCC's ROA % is ranked better than
95.48% of 641 companies
in the Steel industry
Industry Median: 2.28 vs HCC: 15.51

Warrior Met Coal ROA % Historical Data

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

Warrior Met Coal Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only 22.03 -2.61 10.56 36.73 21.83

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
ROA % 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 15.30 22.53 22.66 11.23 6.50

Competitive Comparison of Warrior Met Coal's ROA %

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

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

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



Warrior Met Coal ROA % Calculation

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

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=478.629/( (2028.095+2357.058)/ 2 )
=478.629/2192.5765
=21.83 %

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

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=167.064/( (2560.857+2580.448)/ 2 )
=167.064/2570.6525
=6.50 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.


Warrior Met Coal  (NYSE:HCC) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=167.064/2570.6525
=(Net Income / Revenue)*(Revenue / Total Assets)
=(167.064 / 1310.88)*(1310.88 / 2570.6525)
=Net Margin %*Asset Turnover
=12.74 %*0.5099
=6.50 %

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.

* 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

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Warrior Met Coal ROA % Related Terms

Thank you for viewing the detailed overview of Warrior Met Coal's ROA % 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