TMCTMC the metals company Inc.
Is the business good?
Margins widening. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is TMC?
TMC the metals company Inc. spent more than it took in: an operating loss of $206M on $4.8M of revenue, 12 months to Q2 2026.
Operating loss · on $4.8M of revenue · 12 months to Q2 2026
- Share count, year on year
- +18%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | −106800% |
| FY2022 | −15672% |
| FY2023 | −5581% |
| FY2024 | −46186% |
| FY2025 | −5014% |
Details›
- Operating margin12 months to Q2 2026
- −4284%
- Net margin12 months to Q2 2026
- −6363%
- Free cash flow margin
- −911%
- Revenue, trailing twelve months
- $4.8M
- Free cash flow, trailing twelve months
- −$44M
- Net income, trailing twelve months
- −$306M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Other Industrial Metals & Mining
Ranks #17 of 22 by RyuScore