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Peabody Energy Corp was the leading coal producer in the United States in 2023, with an 18 percent share of the total coal production in the U.S. that year. Arch Resources ranked second that year, with a production share of 13 percent of the total coal U.S. production. 

Leading U.S. coal miners’ production volumes

The coal industry in the United States remains dominated by a handful of major players, with Peabody Energy Corp leading the pack. The company’s leading position in the U.S. coal industry is due to its coal production volume of 104.3 million short tons in 2023, the largest of any producer in the country. Arch Resources followed in second place with 75.3 million short tons of coal produced that year. The total U.S. coal production volume in 2023 amounted to 11.84 exajoules, or nearly 578,000 short tons, indicating that the top two U.S. coal producers accounted for a significant proportion of the country's overall coal output. This concentration of production among the top companies highlights the consolidated nature of the U.S. coal sector.

U.S. coal companies’ revenue comparison

Peabody Energy Corporation saw its revenue reach 4.95 billion U.S. dollars in 2023. In second place, as with production volume, Arch Resources’ revenue amounted to nearly 3.15 billion U.S. dollars that year, marking a decrease of almost 600 million U.S. dollars from 2022. Meanwhile, another major player in the industry, Consol Energy reported an annual revenue of around 2.57 billion U.S. dollars in 2023.