HALLADOR ENERGY CO
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $469.5M | $404.2M | $634.9M | $362.0M | $243.9M |
| Cost of revenue | — | — | $473.4M | $266.6M | $198.8M |
| Selling, general & administrative | $26.2M | $26.5M | $26.2M | $16.4M | $14.8M |
| Operating expenses | — | — | $65.0M | $30.4M | $6.0M |
| Operating income | $61.1M | -$218.4M | $65.0M | $30.4M | -$6.0M |
| Interest expense | $16.9M | $13.8M | $13.7M | $11.0M | $8.0M |
| Pretax income | $43.7M | -$235.5M | $49.3M | $19.9M | -$3.7M |
| Income tax expense | $1.8M | -$9.4M | $4.5M | $1.8M | $26,000 |
| Net income | $41.9M | -$226.1M | $44.8M | $18.1M | -$3.8M |
| Balance Sheet | |||||
| Cash and equivalents | $10.1M | $7.2M | $2.8M | $3.0M | $2.5M |
| Current assets | $123.4M | $104.9M | $92.8M | $138.5M | $39.2M |
| Total assets | $408.1M | $369.1M | $589.8M | $630.6M | $354.0M |
| Current liabilities | $152.6M | $152.9M | $157.6M | $239.6M | $64.6M |
| Total liabilities | $248.2M | $264.8M | $321.2M | $415.5M | $167.7M |
| Total debt | $30.0M | $44.0M | $91.5M | $85.2M | $111.7M |
| Stockholders' equity | $159.8M | $104.3M | $268.6M | $215.0M | $182.2M |
| Cash Flow Statement | |||||
| Cash from operations | $81.1M | $65.9M | $59.4M | $54.2M | $48.0M |
| Depreciation and amortization | $41.2M | $65.6M | $67.2M | $46.9M | $40.0M |
| Stock-based compensation | $3.5M | $4.5M | $3.6M | $1.3M | $1.0M |
| Capital expenditure | $69.2M | $53.4M | $75.4M | $54.0M | $28.1M |
| Free cash flow | $11.9M | $12.6M | -$15.9M | $149,000 | $19.9M |
| Dividends paid | — | — | — | — | $0 |
| Impairments | $0 | $215.1M | $0 | $0 | $1.6M |
Shares outstanding 47.1M · Free float 29.8%
Annual filing data through FY ended December 31, 2025; float as of July 10, 2026.