HIGHBuilt-inCommodity
96%
met coal
“10-K Item 1A: 'met coal accounted for 96% of our coal revenues'”
AMR · Concentration risk · 10-K extracted
Alpha Metallurgical Resources, (AMR) concentration risks
Updated
The most significant concentration Alpha Metallurgical Resources, discloses is met coal at 96%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: Alpha Metallurgical Resources,’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 5 disclosed concentrations
HIGH3
MEDIUM1
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHOutside partyCustomer
77%
top-10 customers
“10-K Item 1A: 'coal sales to our 10 largest customers accounted for approximately 77% of our total revenues'”
HIGHBuilt-inGeographic
73%
export revenues
“10-K Item 1A: 'coal export revenues accounted for approximately 73% of our coal revenues'”
MEDIUMBuilt-inGeographic
33%
Asia
“10-K Item 1: 'coal sales to Asia accounting for approximately 45% and 43%, respectively, of export coal revenues and 33% and 34%, respectively, of coal revenues in each year'”
LOWOutside partyCustomer
14%
largest customer
“10-K Item 1A: 'Coal sales to our largest customer during the year ended December 31, 2025 accounted for approximately 14% of our total revenues'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The producer's disclosed concentrations are unusually broad and mostly high-share. By product, metallurgical coal made up 96% of coal revenues — a high share by disclosed size and structural, reflecting a deliberately met-coal-focused business. Customer and channel exposures compound it: the 10 largest customers accounted for approximately 77% of total revenues, and coal export revenues were approximately 73% of coal revenues, both high-share — the former a dependency on a concentrated buyer set, the latter a structural tilt toward seaborne markets. Within exports, sales to Asia were approximately 33% of coal revenues, a medium-share geographic exposure. The single largest customer was a smaller piece at approximately 14% of total revenues, a low-share dependency. Netting these out, the picture is a structurally met-coal, export-oriented producer whose results are highly geared to global steel demand and a concentrated customer base; the export and customer concentrations are the lines most worth monitoring, while no single customer dominates.
For the engine’s reasoning on AMR’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Coking Coal
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AMR● | Alpha Metallurgical Resources, | 3 | 1 | 1 | 5 |
| HCC | Warrior Met Coal, Inc. | 2 | 1 | 0 | 3 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.