TMC the metals Co Inc.

TMC

TMC the metals Co Inc.

TMC

Insider Sentiment (TTM):

Last Purchase:2025-05-22Last Sale:2026-06-02Shares Purchased (TTM):0Shares Sold (TTM):2,127,745

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:57,704,554Shares Outstanding:425,770,033Institutional Ownership Pct.:13.55%

Earnings Market Reaction:

Filing Date:2026-05-14Price on Filing Date:N/APrevious Close:N/A% Change:N/A

Companies in Metal Mining

SCCO FCX MP CLF USAR IE

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Assets
Assets Current
Cash And Cash Equivalents At Carrying Value	120	118	116	116	2	3	0	0	4	7	23	20
Assets Current	123	121	117	117	7	5	3	2	6	9	28	22
Assets Noncurrent
Operating Lease Right Of Use Asset	1	2	2	3	3	4	4	5	5	6	6	-
Property Plant And Equipment Net	0	1	1	1	1	1	1	1	1	1	2	2
Intangible Assets Net Excluding Goodwill	2	2	2	2	2	2	2	2	2	2	-	-
Long Term Investments	15	13	10	8	8	8	8	8	8	8	9	9
Assets Noncurrent	62	61	58	56	57	58	58	59	60	60	60	54
Assets	185	182	176	174	64	63	61	61	65	69	88	75
Liabilities
Liabilities Current
Accounts Payable And Accrued Liabilities Current	54	46	47	47	45	43	48	38	36	31	19	18
Short Term Borrowings	-	-	-	2	10	12	9	6	-	-	-	-
Derivative Liabilities Current	3	13	-	-	-	-	-	-	-	-	-	-
Liabilities Current	57	59	47	50	55	55	57	44	36	31	19	18
Liabilities Noncurrent
Deferred Income Tax Liabilities Net	11	11	11	11	11	11	11	11	11	11	11	11
Derivative Liabilities Noncurrent	-	-	-	-	-	1	-	-	-	-	-	-
Liabilities Noncurrent	156	156	169	42	26	26	26	-	-	27	-	-
Liabilities	212	215	216	92	81	80	83	70	64	58	32	31
Stockholders Equity
Common Stock Value	705	681	639	606	496	477	463	461	454	438	434	346
Additional Paid In Capital	240	238	233	203	141	138	131	125	123	123	124	189
Accumulated Other Comprehensive Income Loss Net Of…	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1
Retained Earnings Accumulated Deficit	-972	-951	-911	-726	-652	-631	-615	-594	-574	-549	-502	-489
Stockholders Equity	-27	-33	-41	82	-17	-17	-21	-10	2	11	42	30
Liabilities And Stockholders Equity	185	182	176	174	64	63	61	61	65	69	88	75
Common Stock No Par Value	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Shares Issued	433	423	409	397	357	341	324	322	318	307	305	281

Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables

Start 7-day free trial

Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables

Start free trial

Custom Table

10‑Q10‑K

0/5

Search a metric to start building a table

Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals

Start 7-day free trial

Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals

Start free trial

Interactive Financial Visualizations

10‑Q10‑K

Stock Price:

OnOff

Transformations:

0/1

Search a metric to start building a visual

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	-10.33%	-25.92%	-	-	-	-	-	-	-	-	-	-
2025	37.12%	137.79%	96.32%	-5.36%	36.97%	30.68%	46.81%	31.14%	28.05%	9.42%	15.63%	9.85%
2024	-5.92%	0.00%	-32.24%	-3.06%	8.05%	1.02%	-13.87%	25.63%	63.82%	74.12%	114.12%	155.29%
2023	-	-	-	-15.60%	-33.55%	-23.40%	16.83%	8.91%	31.68%	3.87%	-10.97%	-4.52%
Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial

Subscribe to unlock 17+ years of financial data and 90+ calculated metrics

Start 7-day free trial

Subscribe to unlock 17+ years of data and 90+ calculated metrics

Start free trial

Performance and Valuation Metrics

Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Liquidity Ratios
Current Ratio	2.17	2.03	2.50	2.37	0.13	0.10	0.05	0.04	0.16	0.28	1.44	1.19
Quick Ratio	2.17	2.03	2.50	2.37	0.13	0.10	0.05	0.04	0.16	0.28	1.44	1.19
Working Capital	66.23M	61.28M	70.38M	67.70M	-47.87M	-49.20M	-54.32M	-41.95M	-30.53M	-22.51M	8.53M	3.53M
Leverage & Debt
Debt to Equity	-7.76	-6.43	-5.32	1.12	-4.85	-4.68	-3.86	-7.31	35.16	5.31	0.77	1.03
Interest Coverage TTM	39.07	41.01	35.17	39.39	76.61	156.92	227.31	139.41	88.56	55.81	91.16	98.10
Debt Ratio	1.15	1.18	1.23	0.53	1.26	1.27	1.35	1.16	0.97	0.84	0.37	0.41
Efficiency & Turnover
Asset Turnover TTM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Per Share Metrics
Diluted EPS TTM	0.75	0.83	0.73	0.36	0.22	0.25	0.31	0.28	0.27	0.26	0.55	0.63
Free Cash Flow Per Share TTM	-0.08	-0.11	-0.11	-0.11	-0.12	-0.14	-0.14	-0.16	-0.16	-0.21	-0.22	-0.35
Dividend Per Share TTM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Growth Metrics
Net Income Growth (1Y)	313.59%	290.32%	197.47%	44.06%	-9.26%	11.06%	-38.78%	-48.63%	-53.86%	-68.88%	6.92%	66.53%
EPS Growth (1Y)	235.46%	226.74%	137.43%	26.09%	-18.15%	-0.40%	-44.27%	-54.96%	-59.71%	-74.14%	-13.00%	33.83%
Valuation Metrics
P/E TTM	6.22	7.42	8.74	18.40	7.68	4.40	3.45	4.75	5.23	4.30	1.80	2.58
P/B TTM	-72.71	-70.94	-63.59	29.56	-35.43	-21.06	-15.98	-45.09	246.12	29.08	7.02	15.13
Market Cap	1.99B	2.37B	2.58B	2.42B	594.00M	360.50M	343.08M	433.20M	445.48M	317.51M	291.98M	458.56M
Enterprise Value	1.87B	2.25B	2.47B	2.31B	601.63M	368.80M	351.90M	438.61M	441.49M	310.67M	269.43M	438.54M
Calculated Values
Free Cash Flow TTM	-34.33M	-43.10M	-45.40M	-39.73M	-41.21M	-43.98M	-45.80M	-52.57M	-48.86M	-60.15M	-64.41M	-98.56M
Net Debt	-119.68M	-117.63M	-115.65M	-113.28M	7.63M	8.30M	8.82M	5.40M	-3.99M	-6.84M	-22.55M	-20.01M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Insider Transactions

2026-06-02Sale

Owner: May, Brendan

Title: -

Shares: 20,768

Price/Share: $6.42

Value: $133,330.56

Shares Owned: 193,346

Relationship: Director

Ownership: Direct

2026-03-26Sale

Owner: Shesky, Craig

Title: Chief Financial Officer

Shares: 215,492

Price/Share: $4.53

Value: $976,178.76

Shares Owned: 1,425,841

Relationship: Officer

Ownership: Direct

2025-12-02Sale

Owner: O'Sullivan, Anthony

Title: Chief Development Officer

Shares: 50,000

Price/Share: $6.77

Value: $338,500.00

Shares Owned: 2,025,667

Relationship: Officer

Ownership: Direct

2025-09-22Sale

Owner: Ilves, Erika

Title: Chief Strategy Officer

Shares: 1,591,485

Price/Share: $5.77

Value: $9,182,868.45

Shares Owned: 1,145,792

Relationship: Officer

Ownership: Direct

2025-08-26Sale

Owner: O'Sullivan, Anthony

Title: Chief Development Officer

Shares: 250,000

Price/Share: $5.25

Value: $1,312,500.00

Shares Owned: 1,125,667

Relationship: Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-06-02	May, Brendan	Director	-	Direct	Sale	20,768	6.42	$133,330.56	193,346	4
2026-03-26	Shesky, Craig	Officer	Chief Financial Officer	Direct	Sale	215,492	4.53	$976,178.76	1,425,841	4
2025-12-02	O'Sullivan, Anthony	Officer	Chief Development Officer	Direct	Sale	50,000	6.77	$338,500.00	2,025,667	4
2025-09-22	Ilves, Erika	Officer	Chief Strategy Officer	Direct	Sale	1,591,485	5.77	$9,182,868.45	1,145,792	4
2025-08-26	O'Sullivan, Anthony	Officer	Chief Development Officer	Direct	Sale	250,000	5.25	$1,312,500.00	1,125,667	4
2025-06-26	May, Brendan	Director	-	Direct	Sale	44,204	7.38	$326,225.52	197,586	4
2025-05-22	Stichting, Administratiek…	TenPercentOwner	-	Direct	Purchase	2,333,333	-	-	55,113,601	4
2025-05-21	O'Sullivan, Anthony	Officer	Chief Development Officer	Direct	Sale	164,317	4.49	$737,783.33	1,125,667	4
2025-04-01	Shesky, Craig	Officer	Chief Financial Officer	Direct	Sale	353,702	1.66	$587,145.32	1,145,717	4
2025-03-04	May, Brendan	Director	-	Direct	Sale	8,916	1.67	$14,889.72	108,365	4
2024-12-30	Ilves, Erika	Officer	Chief Strategy Officer	Direct	Sale	217,099	1.11	$240,979.89	998,170	4
2024-12-24	May, Brendan	Director	-	Direct	Purchase	25,000	0.87	$21,750.00	100,040	4
2024-11-27	Shesky, Craig	Officer	Chief Financial Officer	Direct	Sale	47,523	0.85	$40,394.55	977,844	4
2024-11-19	Hall, Andrew	Director	-	Direct	Sale	66,000	0.93	$61,380.00	182,966	4
2024-05-31	O'Sullivan, Anthony	Officer	Chief Development Officer	Direct	Sale	50,000	1.48	$74,000.00	746,829	4
2024-05-23	O'Sullivan, Anthony	Officer	Chief Development Officer	Direct	Sale	25,000	1.48	$37,000.00	846,829	4
2024-03-28	O'Sullivan, Anthony	Officer	Chief Development Officer	Direct	Sale	50,000	1.33	$66,500.00	946,829	4
2024-03-22	Shesky, Craig	Officer	Chief Financial Officer	Direct	Sale	233,424	1.61	$375,812.64	947,242	4
2023-12-22	Stone, Gregory	Officer	Chief Ocean Scientist	Direct	Sale	25,000	1.10	$27,500.00	320,876	4
2023-11-27	O'Sullivan, Anthony	Officer	Chief Development Officer	Indirect	Sale	50,000	1.38	$69,000.00	385,110	4
2023-11-27	Shesky, Craig	Officer	Chief Financial Officer	Direct	Sale	31,057	1.26	$39,131.82	779,641	4
2023-11-20	Stone, Gregory	Officer	Chief Ocean Scientist	Direct	Sale	25,000	1.06	$26,500.00	385,365	4
2023-09-27	Stone, Gregory	Officer	Chief Ocean Scientist	Direct	Sale	10,511	1.00	$10,511.00	410,365	4
2023-09-26	O'Sullivan, Anthony	Officer	Chief Development Officer	Indirect	Sale	140,000	1.02	$142,800.00	435,110	4
2023-08-14	Allseas, Investments S.A.…	TenPercentOwner	-	Direct	Purchase	3,500,000	-	-	52,780,268	4
2023-06-08	Karkar, Andrei, Eras Capi…	Director,TenPercentOwner	-	Indirect	Purchase	3,997,519	0.75	$2,998,139.25	55,953,495	4
Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Institutional Ownership

No data available for chart

2026-03-31

13.55%

Inst. Shares: 57,704,554

Shares Outstanding: 425,770,033

2025-12-31

12.15%

Inst. Shares: 46,707,071

Shares Outstanding: 384,512,470

2025-09-30

11.29%

Inst. Shares: 45,769,649

Shares Outstanding: 405,506,978

2025-06-30

11.76%

Inst. Shares: 43,106,824

Shares Outstanding: 366,626,500

2025-03-31

10.10%

Inst. Shares: 34,870,528

Shares Outstanding: 345,346,393

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	57,704,554	425,770,033	13.55%
2025-12-31	46,707,071	384,512,470	12.15%
2025-09-30	45,769,649	405,506,978	11.29%
2025-06-30	43,106,824	366,626,500	11.76%
2025-03-31	34,870,528	345,346,393	10.10%
2024-12-31	32,210,871	321,875,050	10.01%
2024-09-30	35,619,850	323,663,607	11.01%
2024-06-30	34,343,616	320,891,977	10.70%
2024-03-31	27,991,602	311,521,854	8.99%
2023-12-31	25,819,140	288,643,700	8.94%
2023-09-30	29,108,890	294,636,496	9.88%
2023-06-30	23,893,930	281,323,151	8.49%
Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial

TMC the metals Co Inc. (TMC) — SEC Financial Statements & Analysis

TMC the metals Co Inc. (TMC) is a metal mining company, incorporated in A1. TMC the metals Co Inc. trades on Nasdaq as: TMC, TMCWW. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), TMC the metals Co Inc. reported a Debt-to-Equity ratio of -7.76x, a Price-to-Book (P/B) ratio of -72.71 (TTM), at a market cap of $1.99B. Figures below are sourced from SEC EDGAR, as-filed.

Debt To Equity: -7.76x
P/B TTM: -72.71
Market Cap: $1.99B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is TMC the metals Co Inc. in?

TMC the metals Co Inc. (TMC) operates in the Metal Mining industry.

What is TMC's market cap?

TMC the metals Co Inc. (TMC) has a market capitalization of $1.99B as of 2026-03-31.

What is TMC's P/E ratio?

TMC the metals Co Inc. (TMC)'s trailing twelve month P/E ratio is 6.22x as of 2026-03-31.

What exchange does TMC trade on?

TMC the metals Co Inc. (TMC) trades on the Nasdaq.

Where is TMC the metals Co Inc. incorporated?

TMC the metals Co Inc. is incorporated in British Columbia, Canada.

TMC the metals Co Inc. (TMC) — SEC Financial Statements & Analysis

Frequently Asked Questions

Research Faster.Invest Smarter.

Research Faster.
Invest Smarter.