PEABODY ENERGY CORP BTU
Peabody is a leading producer of metallurgical and thermal coal. The Company owned interests in 16 active coal mining operations located in the United States (U.S.) and Australia at December 31, 2025. Included in that count is Peabody's 50% equity interest in Middlemount Coal Pty Ltd. (Middlemount).
During 2025, Peabody continued to advance the development of the Centurion Mine, an underground longwall metallurgical coal mine in Queensland, Australia. Full-scale longwall production commenced in February 2026. The mine is expected to enhance both the quantity and quality of the Company's production from the Seaborne Metallurgical reportable segment.
As part of Peabody's ongoing asset optimization program, whereby its coal reserves, coal resources and surface properties are regularly reviewed for various commercial opportunities, various workstreams were advanced during 2025. These workstreams related to projects such as the evaluation of rare earth element (REE) and critical mineral (CM) potential; power generation from coal mine gas; and continued development of renewable energy projects on certain reclaimed mining lands held by the Company.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Powder River Basin
- Seaborne Metallurgical
- Seaborne Thermal
- Other U.S. Thermal
- Corporate and Other (1)
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Powder River Basin | $1.15B | $1.10B | $1.20B |
| Seaborne Metallurgical | $1.04B | $1.06B | $1.30B |
| Seaborne Thermal | $908.5M | $1.21B | $1.33B |
| Other U.S. Thermal | $707.3M | $822.6M | $888.2M |
| Corporate and Other (1) | $56.1M | $45.8M | $228.8M |
As the company reported it, from the “Segment and Geographic Information - Segment Results (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.86B | $4.24B | $4.95B | $4.98B | $3.32B | $2.88B | $4.62B | $5.58B | — | $4.72B |
| SG&A | $105.0M | $91.0M | $90.7M | $88.8M | $84.9M | $99.5M | $145.0M | $158.1M | — | $153.4M |
| Operating income | -$80.1M | $445.3M | $1.07B | $1.38B | $432.2M | -$1.73B | $61.7M | $661.6M | — | -$276.9M |
| Interest expense | $43.9M | $46.9M | $59.8M | $140.3M | $183.4M | $139.8M | $144.0M | $151.3M | — | $298.6M |
| Pre-tax income | -$33.5M | $516.1M | $1.12B | $1.28B | $370.2M | -$1.85B | -$142.3M | $664.1M | — | -$758.3M |
| Income tax | $8.8M | $108.8M | $308.8M | $38.8M | $22.8M | $8.0M | $46.0M | $18.4M | — | $94.5M |
| Net income | -$42.5M | $403.5M | $815.6M | $1.32B | $371.4M | -$1.87B | -$185.1M | $663.8M | — | -$729.3M |
| EPS, basic | -0.43 | 2.96 | 5.52 | 9.13 | 3.24 | -19.14 | -2.04 | 4.50 | — | -39.87 |
| EPS, diluted | -0.43 | 2.70 | 5.00 | 8.31 | 3.22 | -19.14 | -2.04 | 4.43 | — | -39.87 |
| Shares, diluted (wtd. avg.) | 121.8M | 141.9M | 154.3M | 157.2M | 112.0M | 97.7M | 103.7M | 2.1M | — | 18.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $575.3M | $700.4M | $1.65B | $1.42B | $954.3M | $709.2M | $732.2M | $1.02B | $1.07B | $941.2M |
| Receivables | $314.9M | $359.3M | $389.7M | $465.5M | $350.5M | $244.8M | $329.5M | $450.4M | — | $473.0M |
| Inventory | $383.2M | $393.4M | $351.8M | $296.1M | $226.7M | $261.6M | $331.5M | $280.2M | — | $203.7M |
| Total current assets | $1.56B | $1.78B | $2.02B | $2.37B | $1.80B | $1.42B | $1.61B | $1.96B | — | $2.09B |
| Property, plant and equipment | $3.15B | $3.08B | $2.84B | $2.87B | $2.95B | $3.05B | $4.68B | $5.21B | $5.11B | $8.78B |
| Total assets | $5.81B | $5.95B | $5.96B | $5.61B | $4.95B | $4.67B | $6.54B | $7.42B | $8.18B | $11.78B |
| Accounts payable | $827.0M | $811.7M | $965.5M | $905.5M | $872.1M | $745.7M | $957.0M | $1.02B | — | $990.4M |
| Total current liabilities | $842.2M | $827.5M | $979.0M | $918.7M | $931.7M | $790.6M | $975.3M | $1.06B | — | $1.01B |
| Total liabilities | $2.23B | $2.24B | $2.35B | $2.32B | $3.13B | $3.69B | $3.87B | $3.97B | — | $11.60B |
| Retained earnings | $1.36B | $1.45B | $1.11B | $383.9M | -$913.2M | -$1.27B | $597.0M | $1.07B | — | $1.40B |
| Total equity | $3.54B | $3.65B | $3.61B | $3.29B | $1.82B | $981.3M | $2.67B | $3.45B | $3.66B | $181.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $333.7M | $606.5M | $1.04B | $1.17B | $420.0M | -$9.7M | $677.4M | $1.49B | — | -$52.8M |
| Depreciation and amortisation | $384.5M | $343.0M | $321.4M | $317.6M | $308.7M | $346.0M | $601.0M | $679.0M | — | $465.4M |
| Stock-based compensation | $13.8M | $7.3M | $6.9M | $8.4M | $10.0M | $13.5M | $38.3M | $34.9M | — | — |
| Capital expenditure | $411.4M | $401.3M | $348.3M | $221.5M | $183.1M | $191.4M | $285.4M | $301.0M | — | $126.6M |
| Investing cash flow | -$346.6M | -$598.1M | -$342.6M | -$28.7M | -$131.5M | -$206.7M | -$261.3M | -$517.3M | — | -$244.1M |
| Financing cash flow | -$85.2M | -$276.0M | -$460.3M | -$681.6M | -$43.4M | $193.4M | -$701.3M | -$1.03B | — | $907.9M |
| Dividends paid | $36.5M | $37.6M | $30.6M | $0 | $0 | $0 | $258.1M | $59.6M | — | $0 |
| Buybacks | $0 | $183.1M | $347.7M | $0 | $0 | $0 | $329.9M | $834.7M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001064728-26-000006.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.72B | — | $5.58B | $4.62B | $2.88B | $3.32B | $4.98B | $4.95B | $4.24B | $3.86B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | -$729.3M | — | $663.8M | -$185.1M | -$1.87B | $371.4M | $1.32B | $815.6M | $403.5M | -$42.5M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement signed Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 1221
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| ARLP | ALLIANCE RESOURCE PARTNERS LP | $3.36B | — | -10.4% |
| AMR | Alpha Metallurgical Resources, Inc. | $2.07B | — | -28.0% |
| NRP | NATURAL RESOURCE PARTNERS LP | $1.54B | — | — |
| NC | NACCO INDUSTRIES INC | $260.3M | 14.7x | 16.6% |