Ramaco Resources, Inc.

METCNASDAQEnergy● Active

$15.65

$-1.41(-8.26%)

Market Cap$842046685

P/E Ratio—

52W High$57.8

52W Low$9.6

Avg Volume1.7M

Open$16.75

Beta1.23

Free Cash Flow Financials Revenue

Ramaco Resources, Inc. (METC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

METC · free cash flow · updated Jun 8, 2026

Core FCF metrics

METC · FCF · TTM · margin & CAGR

Free cash flow was −$60.8M for FY2025 (fiscal year ending 2025-12-31), down 238.8% year-over-year The FCF margin was -11.3%.

FY2025 Free Cash Flow−$60.8M▼ -238.8% YoY

Trailing 12M (TTM)−$140.4Mtrailing 4 quarters sum

FCF Margin-11.3%−$60.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

METC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.0M(63M)−$60.8M▼ 238.8%-11.3%

FY2024$112.7M(69M)$43.8M▼ 43.9%6.6%

FY2023$161.0M(83M)$78.1M▲ +20.5%11.3%

FY2022$187.9M(123M)$64.9M▲ +1133.9%11.5%

FY2021$53.3M(60M)−$6.3M▲ +45.2%-2.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

METC · P/FCF · FCF yield · FCF per share

Ramaco Resources, Inc. (METC) reported negative free cash flow of −$0.06B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

METC · cash flow statement · operating / investing / financing

For FY2025, Ramaco Resources, Inc. generated $2.0M in operating cash flow and spent 63M in capital expenditures, yielding −$60.8M in free cash flow.

Operating Activities

+$2.0M

Cash from core business operations

2025-12-31

Investing Activities

−$83.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$489.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.0M) − |CapEx| (63M) = FCF (−$60.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

METC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Ramaco Resources, Inc.YOU

METC

−$60.8M-238.8%-11.3%

Loss

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Ramaco Resources, Inc. (METC) reported free cash flow of −$60.8M for FY2025 (fiscal year ending 2025-12-31), down 238.8% year-over-year. The FCF margin was -11.3%.

Based on available data, Ramaco Resources, Inc. has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $78.1M in FY2023.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

METC free cash flow · 8 questions

Ramaco Resources, Inc. free cash flow was −$60.8M for FY2025, down 238.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$140.4M.

METC free cash flowMETC FCFMETC FCF 2025METC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Ramaco Resources, Inc. · Ramaco Resources, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026