tmc the metals co inc - TMC

TMC

Close Chg Chg %
4.51 0.08 1.77%

Closed Market

4.59

+0.08 (1.77%)

Volume: 4.94M

Last Updated:

Apr 2, 2026, 4:00 PM EDT

Company Overview: tmc the metals co inc - TMC

TMC Key Data

Open

$4.28

Day Range

4.26 - 4.61

52 Week Range

1.60 - 11.35

Market Cap

$1.99B

Shares Outstanding

433.19M

Public Float

193.85M

Beta

2.00

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.81

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

6.18M

 

TMC Performance

1 Week
 
7.49%
 
1 Month
 
-19.90%
 
3 Months
 
-32.30%
 
1 Year
 
150.82%
 
5 Years
 
-53.82%
 

TMC Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About tmc the metals co inc - TMC

TMC the metals co., Inc. is a deep-sea minerals exploration company focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ). These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as (i) feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and renewable energy storage markets, (ii) copper cathode for EV wiring, energy transmission and other applications and (iii) manganese silicate for manganese alloy production required for steel production. The company was founded in 2021 and is headquartered in Vancouver, Canada.

TMC At a Glance

TMC the metals co., Inc.
1111 West Hastings Street
Vancouver, British Columbia V6E 2J3
Phone 1-888-458-3420 Revenue 0.00
Industry Other Metals/Minerals Net Income -319,844,000.00
Sector Non-Energy Minerals Employees 48
Fiscal Year-end 12 / 2026
View SEC Filings

TMC Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio N/A
Price to Book Ratio N/A
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -17.166
Enterprise Value to Sales N/A
Total Debt to Enterprise Value 0.06

TMC Efficiency

Revenue/Employee N/A
Income Per Employee -6,663,416.667
Receivables Turnover N/A
Total Asset Turnover N/A

TMC Liquidity

Current Ratio 2.032
Quick Ratio 2.032
Cash Ratio 1.98

TMC Profitability

Gross Margin N/A
Operating Margin N/A
Pretax Margin N/A
Net Margin N/A
Return on Assets -260.741
Return on Equity N/A
Return on Total Capital -286.709
Return on Invested Capital -677.356

TMC Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital 129.978
Total Debt to Total Assets 79.523
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital 129.978
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Tmc The Metals Co Inc - TMC

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
- - - -
-
Sales Growth
- - - -
-
Cost of Goods Sold (COGS) incl D&A
418.00K 360.00K 362.00K 252.00K
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
418.00K 360.00K 362.00K 252.00K
Depreciation
418.00K 360.00K 362.00K 252.00K
Amortization of Intangibles
- - - -
-
COGS Growth
-7.52% -13.88% +0.56% -30.39%
Gross Income
(418.00K) (360.00K) (362.00K) (252.00K)
Gross Income Growth
+7.52% +13.88% -0.56% +30.39%
Gross Profit Margin
- - - -
-
2022 2023 2024 2025 5-year trend
SG&A Expense
173.70M 72.03M 80.92M 139.80M
Research & Development
- - - -
-
Other SG&A
173.70M 72.03M 80.92M 139.80M
SGA Growth
+20.85% -58.53% +12.35% +72.76%
Other Operating Expense
- - - -
-
Unusual Expense
(2.14M) 986.00K (858.00K) 181.50M
EBIT after Unusual Expense
(171.97M) (73.38M) (80.43M) (321.55M)
Non Operating Income/Expense
1.09M (365.00K) 1.14M 5.06M
Non-Operating Interest Income
1.11M 1.30M 176.00K 2.79M
Equity in Earnings of Affiliates
- (571.00K) (226.00K) 287.00K
Interest Expense
- - 2.60M 3.21M
-
Interest Expense Growth
- - - +23.56%
-
Gross Interest Expense
- - 2.60M 3.21M
-
Interest Capitalized
- - - -
-
Pretax Income
(170.89M) (73.74M) (81.89M) (319.70M)
Pretax Income Growth
-20.94% +56.85% -11.06% -290.38%
Pretax Margin
- - - -
-
Income Tax
77.00K 41.00K 48.00K 144.00K
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- (571.00K) (226.00K) 287.00K
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(170.96M) (73.78M) (81.94M) (319.84M)
Minority Interest Expense
- - - -
-
Net Income
(170.96M) (73.78M) (81.94M) (319.84M)
Net Income Growth
-20.99% +56.84% -11.06% -290.32%
Net Margin Growth
- - - -
-
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(170.96M) (73.78M) (81.94M) (319.84M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(170.96M) (73.78M) (81.94M) (319.84M)
EPS (Basic)
-0.7127 -0.2556 -0.2546 -0.8318
EPS (Basic) Growth
-3.36% +64.14% +0.39% -226.71%
Basic Shares Outstanding
239.87M 288.64M 321.88M 384.51M
EPS (Diluted)
-0.7127 -0.2556 -0.2546 -0.8318
EPS (Diluted) Growth
-3.36% +64.14% +0.39% -226.71%
Diluted Shares Outstanding
239.87M 288.64M 321.88M 384.51M
EBITDA
(173.70M) (72.03M) (80.92M) (139.80M)
EBITDA Growth
-20.85% +58.53% -12.35% -72.76%
EBITDA Margin
- - - -
-

Snapshot

Average Recommendation BUY Average Target Price 11.20
Number of Ratings 5 Current Quarters Estimate -0.055
FY Report Date 06 / 2026 Current Year's Estimate -0.24
Last Quarter’s Earnings -0.05 Median PE on CY Estimate N/A
Year Ago Earnings -0.83 Next Fiscal Year Estimate -0.147
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 5 3
Mean Estimate -0.06 -0.06 -0.24 -0.15
High Estimates -0.05 -0.05 -0.07 -0.07
Low Estimate -0.06 -0.06 -0.47 -0.22
Coefficient of Variance -12.86 -12.86 -60.52 -51.17

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 4
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Tmc The Metals Co Inc in the News