Company / Net Income
TMC the metals Co Inc. Net Income History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$81.9M
FY2024
5-year range
-$171.0M / -$56.6M
FY2020-FY2024
Trend
-11.1%
vs FY2023
Sector context
#92 of 122
Materials
What the data says
TMC the metals Co Inc.'s net income of -$82M is lower than 75% of companies in the Materials sector (FY2024). Improved from -$171M to -$82M over the past 2 years.
Based on SEC 10-K filings.
-$82M in FY2024.
Improved from -$171M to -$82M over the past 2 years.
Materials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 25% in MaterialsTop 75% of 122This company -$81.9M Sector average $337.8M
▼
-124.3% below sector average
Key checks
Key Insights
- In FY2024, net income decreased 11.1% year-over-year.
- Ranks #92 out of 122 companies in the Materials sector.
- Peak net income was recorded in FY2019.
- Lowest net income in the period was in FY2022.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -4.66 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$81.9M | -11.1% |
| FY2023 | -$73.8M | +56.8% |
| FY2022 | -$171.0M | -21.0% |
| FY2021 | -$141.3M | -149.5% |
| FY2020 | -$56.6M | -626418.4% |
| FY2019 | -$9.0K | - |
As of FY2024 · SEC Form 10-K · Last checked Jul 2, 2026