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.
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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 2026-07-03The 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.