Risk factors

Alpha Metallurgical Resources (AMR) risk factors

Item 1A of every Alpha Metallurgical Resources, Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    49 risks, 4 dropped, 7 reworded since the prior year. Export revenues fell to 73% of total coal revenue in 2025.

    Filed Feb 27, 2026
  • FY2024 10-K risk factors

    53 risks. Alpha Metallurgical Resources faces intense concentration risk, with 78% of revenues from coal exports and 97% from metallurgical coal in 2024. The company depends heavily on a small customer base, with its largest customer representing 16% and top 10 customers 75% of revenues. Substantial long-term liabilities include $100.6 million in pension obligations, $114.3 million in black lung obligations, and $53.5 million in workers' compensation.

    Filed Feb 28, 2025