Warrior Q3 net income falls to $41.8 million, $0.80 a share, from $85.4 million
Warrior Met Coal reported third quarter 2024 net income of $41.8 million, or $0.80 per diluted share, down from $85.4 million, or $1.64 per share, a year earlier. Total revenues fell to $327.7 million from $423.5 million as the average net selling price of steelmaking coal dropped 6.9%, and the company reaffirmed its full-year 2024 guidance. For shareholders, the filing shows weaker earnings and negative free cash flow during the Blue Creek project build-out.
Key points
- Total revenues were $327.7 million versus $423.5 million in Q3 2023; average net selling price fell 6.9% to $171.92 per short ton.
- Adjusted EBITDA was $78.5 million versus $145.8 million in Q3 2023.
- Operating cash flow was $62.2 million; free cash flow was negative $60.6 million versus $26.2 million a year earlier.
- Full-year 2024 guidance was re-affirmed; a regular quarterly dividend of $0.08 per share is payable November 12, 2024.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.