◆ TICKERBASE · GLOBAL STOCK FINANCIAL DATA LIBRARY

Home › All stocks › H › HNRG

Hallador Energy Company (HNRG) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

UTILITIES · UTILITIES - INDEPENDENT POWER PRODUCERS · DATA UPDATED 2026-09-19

Hallador Energy Company (HNRG) operates in the UTILITIES - INDEPENDENT POWER PRODUCERS industry and is headquartered in Terre Haute, United States with about 633 employees. Its market capitalization is roughly $772 million. In the fiscal year ended 2025-12-31, HNRG reported $469M in revenue and $42M in net income.

Hallador Energy Company, through its subsidiaries, operates as an independent power producer and fuel company in the United States. It operates in two segments, Electric Operations and Coal Operations.

Interactive charts & full statements → Open the HNRG valuation workbench →

HNRG Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$450M	$469M	$404M	$635M	$362M	$248M	$244M	$317M	$292M	$268M	$279M	$339M	$234M	$137M	$131M	$151M	$128M	$116M	$71M	$27M	$2M
Gross Profit	($32M)	$87M	$226M	$332M	$95M	$49M	$58M	$21M	$32M	$40M	$51M	$58M	$35M	$26M	$36M	$73M	$55M	$51M	$30M	$5M	$2M
Gross Margin %	-7.1%	18.6%	55.8%	52.2%	26.4%	19.7%	23.9%	6.6%	11.1%	14.8%	18.1%	17.0%	14.9%	18.9%	27.1%	48.2%	42.8%	43.8%	42.8%	19.7%	85.9%
Operating Income (EBIT)	$15M	$61M	($218M)	$65M	$30M	($6M)	$3M	$6M	$18M	$26M	$41M	$44M	$28M	$32M	$36M	$39M	$38M	$38M	$18M	($1M)	$0M
Operating Margin %	3.4%	13.0%	-53.9%	10.2%	8.4%	-2.4%	1.3%	1.8%	6.2%	9.8%	14.7%	12.8%	11.9%	23.5%	27.1%	25.6%	29.3%	32.7%	25.6%	-4.5%	-0.4%
Net Income	($1M)	$42M	($226M)	$45M	$18M	($4M)	($6M)	($60M)	$8M	$33M	$13M	$20M	$10M	$22M	$24M	$36M	$22M	$20M	$9M	($2M)	($1M)
Net Margin %	-0.2%	8.9%	-55.9%	7.1%	5.0%	-1.5%	-2.5%	-18.9%	2.6%	12.3%	4.5%	5.9%	4.4%	16.3%	18.1%	23.7%	17.4%	17.3%	12.6%	-8.9%	-33.4%
EBITDA	$61M	$103M	($158M)	$127M	$75M	$45M	$41M	($14M)	$66M	$66M	$61M	$87M	$49M	$50M	$52M	$72M	$51M	$48M	$22M	$4M	$0M
Earnings Per Share (EPS)	$0.02	$0.96	$-5.72	$1.22	$0.54	$-0.12	$-0.20	$-1.98	$0.25	$1.12	$0.43	$0.69	$0.36	$0.78	$0.83	$1.25	$0.78	$0.83	$0.46	$-0.18	$-0.07
Shares Outstanding (M)	47M	43M	40M	37M	34M	31M	30M	30M	30M	30M	29M	29M	29M	29M	29M	29M	29M	24M	19M	13M	12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HNRG Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total Revenue	$102M	$100M	$102M	$147M	$103M	$118M	$94M	$105M
Gross Profit	$6M	($1M)	($129M)	$92M	$57M	$67M	$62M	$55M
Gross Margin %	5.4%	-0.6%	-126.5%	62.7%	55.1%	57.2%	65.5%	52.7%
Operating Income (EBIT)	($13M)	($7M)	$6M	$29M	$12M	$14M	($218M)	$5M
Operating Margin %	-12.5%	-7.5%	6.1%	19.8%	11.5%	11.8%	-231.7%	4.5%
Net Income	($15M)	($9M)	$0M	$24M	$8M	$10M	($216M)	$2M
Net Margin %	-15.0%	-9.3%	-0.2%	16.3%	8.0%	8.5%	-229.0%	1.5%
EBITDA	($3M)	$5M	$20M	$38M	$17M	$28M	($196M)	$18M
Earnings Per Share (EPS)	$-0.32	$-0.20	$-0.01	$0.55	$0.19	$0.23	$-5.06	$0.04
Shares Outstanding (M)	47M	47M	43M	43M	43M	43M	43M	43M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HNRG Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$28M	$81M	$66M	$59M	$54M	$48M	$53M	$38M	$52M	$62M	$61M	$95M	$56M	$27M	$37M	$61M	$46M	$45M	$19M	$0M	($2M)
Capital Expenditures (CapEx)	$78M	$69M	$53M	$75M	$54M	$28M	$21M	$36M	$35M	$29M	$42M	$31M	$26M	$31M	$26M	$35M	$36M	$43M	$34M	$17M	$11M
Free Cash Flow (FCF)	($50M)	$12M	$13M	($16M)	$0M	$20M	$32M	$3M	$16M	$33M	$19M	$63M	$30M	($4M)	$11M	$26M	$10M	$2M	($15M)	($18M)	($13M)
FCF Margin %	-11.2%	2.5%	3.1%	-2.5%	0.0%	8.0%	13.1%	0.9%	5.7%	12.3%	6.7%	18.7%	12.8%	-3.1%	8.2%	17.2%	7.7%	1.5%	-21.1%	-64.5%	-516.4%
Dividends Paid	—	—	—	—	—	$0M	$1M	$5M	$5M	$5M	$5M	$5M	$5M	$3M	$23M	$4M	$3M	$1M	—	—	$8M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HNRG Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Cash from Operations (CFO)	($24M)	$20M	$8M	$23M	$11M	$38M	$39M	($13M)
Capital Expenditures (CapEx)	$26M	$8M	$25M	$20M	$13M	$12M	$14M	$12M
Free Cash Flow (FCF)	($50M)	$13M	($17M)	$4M	($2M)	$27M	$25M	($24M)
FCF Margin %	-49.4%	12.8%	-16.5%	2.5%	-1.6%	22.7%	26.7%	-23.3%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HNRG Balance Sheet History

Balance sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$468M	$437M	$369M	$590M	$654M	$354M	$384M	$426M	$515M	$518M	$529M	$545M	$580M	$260M	$229M	$232M	$187M	$165M	$136M	$87M	$62M
Cash & Cash Equivalents	$29M	$10M	$7M	$3M	$6M	$3M	$12M	$9M	$16M	$12M	$10M	$16M	$13M	$16M	$22M	$38M	$12M	$19M	$21M	$7M	$7M
Total Liabilities	$277M	$278M	$265M	$321M	$439M	$168M	$195M	$230M	$257M	$269M	$312M	$339M	$390M	$77M	$67M	$71M	$60M	$56M	$61M	$48M	$34M
Total Debt (Short + Long-Term)	$47M	$37M	$44M	$86M	$93M	$108M	$142M	$174M	$181M	$199M	$234M	$248M	$306M	$16M	$11M	$18M	$28M	$38M	$40M	$35M	$25M
Total Shareholders' Equity	$190M	$160M	$104M	$269M	$215M	$182M	$185M	$192M	$255M	$249M	$217M	$207M	$190M	$183M	$162M	$161M	$127M	$109M	$73M	$39M	$28M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive HNRG viewer.

Other Companies in UTILITIES - INDEPENDENT POWER PRODUCERS

TLN · Talen Energy Corporation — $14 billion
OKLO · Oklo Inc. — $7 billion
TAC · TransAlta Corp — $4 billion
KEN · Kenon Holdings — $3 billion

← HNR1 All “H” companies HNSS →

About TickerBase · Data methodology & sources · Privacy · Terms

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.