Annual revenue fell three years running. Fiscal-year revenue down each year from 2022 to 2025.
Alpha Metallurgical Resources's fiscal-year revenue declined in each of the three years to 2025.
Valuation signals disagree.Cheaper than 44% of peers on operating cash profit (EBITDA), but only 0% on earnings.Cheaper than 44% of peers on operating cash profit, but only 0% on earnings.
Relative to its operating cash profit (EBITDA), Alpha Metallurgical Resources looks cheaper than 44% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.Relative to its operating cash profit, Alpha Metallurgical Resources looks cheaper than 44% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Share count shrinking. Shares outstanding down 18% from December 2022 to July 2026.
Alpha Metallurgical Resources had 18% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Not profitable yet. Reported a loss in the 12 months to June 2026.
Alpha Metallurgical Resources reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 29 → 31
Share price -9.5%+3
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-2.4%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0364 · MAD: 0.0364
EBITDA yield7.3%
SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -0.24Sector median: 0.0854 · MAD: 0.0520
Free cash flow yield-0.1%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0261 · MAD: 0.0261
Free cash flow turned negative over the last 12 months
Why it changed since the Oct 27, 2026 close: Score 12 → 13
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Why it changed since the Oct 27, 2026 close: Safety percentile 80 → 81
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Alpha Metallurgical Resources
Is Alpha Metallurgical Resources getting weaker?
Its latest SEC filing (Aug 7, 2026) got weaker in some ways: 12-month revenue fell 2.7%; free cash flow turned negative over the last 12 months. Its overall score is unchanged at 33/100 since Oct 28, 2026.
How is Alpha Metallurgical Resources valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 31/100 against 1,371 basic materials peers.Earnings yield -2.4% vs a peer median of 3.6% (weaker than 100% of peers).Earnings yield -2.4% vs peers 3.6% (weaker than 100% of peers).
Is Alpha Metallurgical Resources growing?
More slowly than most of its peers. Growth scores 9/100 against 1,371 basic materials peers.3-year revenue growth -15.8% vs a peer median of -0.0% (weaker than 92% of peers).3-year revenue growth -15.8% vs peers -0.0% (weaker than 92% of peers).
How profitable is Alpha Metallurgical Resources?
Less profitable than most of its peers. Profitability scores 13/100 against 1,371 basic materials peers.Return on invested capital -2.9% vs a peer median of 6.7% (weaker than 89% of peers).Return on invested capital -2.9% vs peers 6.7% (weaker than 89% of peers).
How risky is Alpha Metallurgical Resources?
Lower risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings.Debt / equity 0.01× vs a peer median of 0.36× (stronger than 92% of peers).Debt / equity 0.01× vs peers 0.36× (stronger than 92% of peers).Beta 0.87 vs a peer median of 0.69 (weaker than 65% of peers).Beta 0.87 vs peers 0.69 (weaker than 65% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 7, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
12-month revenue fell 2.7%
Free cash flow turned negative over the last 12 months
Worth watching: Alpha Metallurgical Resources is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Revenue (12 months)
2.1B USD
2.1B USD
−2.7%
Net income (12 months)
−38.8M USD
−46.1M USD
+18.8%
Operating margin
-1.5%
-2.2%
−0.7 pts
Free cash flow (12 months)
22.4M USD
−1.5M USD
turned negative
Debt
12.2M USD
11.4M USD
−6.6%
Cash
317.2M USD
307.6M USD
−3.0%
Shares outstanding
12.7M
12.7M
−0.3%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Basic Materials · 121 companies
Valuations in Basic Materials are near the top of their range since 2016.
84% of months since 2016 were valued lower than now.
43% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +23% and earnings +13% (medians): prices and earnings moved broadly together.
Median price-to-sales is −9% vs the whole market, against a usual −27%.
2016Shaded: most expensive fifth of its range2026
Shown for Basic Materials: too few Coking Coal companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Operating margin
15.9%
38.5%
24.9%
7.7%
-2.9%
▼ 11 pts
Net margin
12.8%
35.3%
20.8%
6.3%
-2.9%
▼ 9.2 pts
Return on assets (ROA)
15.5%
62.6%
30.0%
7.7%
-2.7%
▼ 10 pts
Return on equity (ROE)
52.8%
101.3%
45.9%
11.4%
-4.0%
▼ 15 pts
Free cash flow margin
4.1%
32.2%
17.5%
12.9%
0.8%
▼ 12 pts
Current ratio
2.53×
2.77×
3.38×
4.13×
4.47×
▲ 8.2%
Quick ratio
2.09×
2.27×
2.64×
3.45×
3.53×
▲ 2.2%
Debt to equity
0.83×
0.01×
0.01×
0.00×
0.01×
▲ 148%
Interest coverage
5.16×
72.51×
124.67×
59.79×
-20.33×
▼ 134%
AMR price history
Price history is added with the daily price update and will appear after the next one.