WhiteHawk Minerals Corp. (WHK) Key Metrics
WHK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $692.3M
- Enterprise value
- $685.2M
- P/E (TTM)
- —
- Forward P/E
- 20.1
- PEG ratio
- —
- Price / sales
- 9.0
- Price / book
- 2.3
- EV / EBITDA
- 142.2
- Dividend yield
- 7.70% $2.00 a year
- Beta
- —
WHK key metrics, 2023–2025
Fiscal year ended December 31, 2025 · U.S. dollarsWHK returns How much profit the business earns on the capital it uses.
WHK per-share figures Results divided by the shares outstanding at year-end.
WHK financial health Debt, liquidity and how easily interest is covered.
WHK efficiency & capital use Working capital cycle and where the cash goes.
WHK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WHK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WHK cash returned to shareholders
WHK key metrics
2023–2025| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Per share | |||
| Revenue per share | $2.74 | $0.52 | $0.30 |
| Earnings per share | −$1.01 | −$0.43 | $0.14 |
| Operating cash flow per share | $0.51 | $0.35 | $0.24 |
| Free cash flow per share | −$3.80 | −$0.78 | −$2.96 |
| Cash per share | $1.08 | $0.20 | $0.16 |
| Book value per share | $7.80 | $2.64 | $3.04 |
| Tangible book value per share | $7.80 | $2.64 | $3.04 |
| Dividends per share | $0.73 | $0.49 | $0.24 |
| Capex per share | $4.31 | $1.14 | $3.20 |
| Debt per share | $8.77 | $2.35 | $0.73 |
| Shares outstanding | 26.7M | 26.7M | 26.7M |
| Change in shares outstanding | 0.0% | 0.0% | — |
| Returns & profitability | |||
| Return on equity (ROE) | −19.3% | −15.2% | 4.7% |
| Return on invested capital (ROIC) | 0.5% | −6.2% | 4.8% |
| Return on assets (ROA) | −8.0% | −7.3% | 2.6% |
| Return on tangible assets | −5.3% | −7.0% | 2.6% |
| Free cash flow margin | −139.1% | −151.0% | −990.9% |
| Income quality (OCF / net income) | — | — | 1.70 |
| Financial health | |||
| Total debt | $234.6M | $62.8M | $19.4M |
| Cash & short-term investments | $29.0M | $5.3M | $4.2M |
| Net debt | $205.6M | $57.5M | $15.2M |
| Debt / equity | 1.12 | 0.89 | 0.24 |
| Debt / assets | 0.46 | 0.38 | 0.13 |
| Net debt / EBITDA | 27.46 | 35.51 | 1.18 |
| Current ratio | 2.82 | 0.85 | 3.67 |
| Quick ratio | 2.82 | 0.85 | 3.67 |
| Interest coverage | 0.1 | -2.2 | 5.7 |
| Working capital | $29.6M | −$1.7M | $10.0M |
| Invested capital | $414.3M | $128.0M | $96.4M |
| Tangible asset value | $208.8M | $70.6M | $81.2M |
| Net current asset value | −$252.5M | −$85.6M | −$54.4M |
| Graham number | — | — | $3.13 |
| Graham net-net per share | −$9.79 | −$3.25 | −$2.32 |
| Capital allocation | |||
| Dividends paid | $19.5M | $13.2M | $6.5M |
| Share buybacks (net) | $75.4M | $25.5M | $126,000 |
| Dividend payout ratio | — | — | 169.6% |
| Capex / revenue | 157.6% | 219.2% | 1,072.5% |
| Capex / operating cash flow | 849.5% | 321.7% | 1,314.5% |
| Capex / depreciation | 4.76 | 2.81 | 13.27 |
| Stock-based compensation / revenue | 0.2% | 0.0% | — |
| SG&A / revenue | 37.5% | 20.1% | 36.6% |
| Efficiency | |||
| Days sales outstanding | 35.4 | 86.0 | 114.4 |
| Days payables outstanding | 12.3 | 37.5 | 53.6 |
| Cash conversion cycle (days) | 23.2 | 48.6 | 60.8 |
| Receivables turnover | 10.30 | 4.24 | 3.19 |
| Payables turnover | 29.74 | 9.75 | 6.81 |
| Asset turnover | 0.22 | 0.09 | 0.05 |
| Average receivables | $7.1M | $3.3M | $2.5M |
| Average payables | $1.2M | $1.1M | $948,000 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% |
Computed from WHK's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WHK valuation and financial ratios
WhiteHawk Minerals earned a return on equity of −19.3% and a return on invested capital of 0.5% in fiscal 2025. It ended the year with $234.6 million of debt and $29.0 million in cash and short-term investments, net debt of $205.6 million. It returned $94.9 million to shareholders: $19.5 million in dividends and $75.4 million in share buybacks.
See the WHK income statement, the WHK chart for price history, or the WHK stock overview for the latest quote and news.
WHK key metrics FAQ
What is WhiteHawk Minerals's return on equity?
WhiteHawk Minerals's return on equity (ROE) was −19.3% in fiscal 2025: net income of -$26.9 million on average shareholders' equity of $139.7 million.
What is WhiteHawk Minerals's ROIC?
WhiteHawk Minerals's return on invested capital was 0.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does WhiteHawk Minerals have?
WhiteHawk Minerals had total debt of $234.6 million at the end of fiscal 2025, a debt-to-equity ratio of 1.12 and $205.6 million of net debt (27.46 times EBITDA).
Does WhiteHawk Minerals buy back its shares?
Yes. WhiteHawk Minerals spent $75.4 million on net share repurchases in fiscal 2025 Shares outstanding changed 0.0% over the year, to 26.7M..
What is WhiteHawk Minerals's current ratio?
WhiteHawk Minerals's current ratio was 2.82 at the end of fiscal 2025: current assets were 2.82 times current liabilities.