NACCO Industries, Inc.

NC Energy Thermal Coal

NACCO Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $277.2 million, up 16.6% from fiscal 2024. In the quarter to June 2026, revenue grew 5.97%, EPS fell 129.6%, free cash flow grew 98.2% and total debt rose 25.8%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

34.28 0.66 +1.96%
Market cap
$253.7M
P/E
14.8×
Fwd P/E
3.8×
Dividend yield
3.00%
F-score
6/9
Altman Z
2.54
Beneish M
−2.64
Dividend safety
52/100

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Revenue
111.08 104.78 135.38 140.99 128.43 191.85 241.72 214.79 237.71 277.20
Revenue Growth
(24.94%) (5.67%) 29.20% 4.15% (8.91%) 49.38% 26.00% (11.14%) 10.67% 16.61%
Cost of Revenue
99.00 87.86 105.41 109.86 111.46 148.39 173.88 200.20 207.95 238.73
Gross Profit
12.08 16.92 29.97 31.13 16.97 43.45 67.84 14.59 29.76 38.47
SG&A Expenses
48.86 47.49 49.19 53.78 53.06 55.72 63.91 65.62 69.75 77.85
Operating Income
(1.66) 32.81 43.62 38.82 13.45 55.41 69.99 (70.14) 35.71 21.98
Non-operating Income/Expense
(5.03) (3.71) (1.46) 4.58 0.81 1.44 17.74 5.98 (2.06) (8.84)
Non-operating Interest Expenses
4.32 3.44 2.00 0.87 1.35 1.72 2.03 2.46 5.57 5.75
EBT
(6.69) 29.10 42.16 43.40 14.26 56.85 87.72 (64.16) 33.65 13.14
Income Tax Provision
(9.65) 0.64 7.38 3.77 (0.53) 8.73 13.57 (24.57) (0.09) (4.43)
Income after Tax
2.96 28.46 34.79 39.63 14.79 48.13 74.16 (39.59) 33.74 17.57
Net Income Common
29.61 30.34 34.79 39.63 14.79 48.13 74.16 (39.59) 33.74 17.57
EPS (Basic)
4.34 4.44 5.02 5.68 2.11 6.73 10.14 (5.29) 4.58 2.37
EPS (Diluted)
4.32 4.41 5.00 5.66 2.10 6.69 10.06 (5.29) 4.55 2.35
Shares (Basic, Weighted)
6.82 6.83 6.92 6.97 7.03 7.15 7.31 7.48 7.36 7.42
Shares (Diluted, Weighted)
6.85 6.87 6.96 7.01 7.06 7.19 7.37 7.48 7.41 7.48
Gross Margin
10.88% 16.15% 22.14% 22.08% 13.21% 22.65% 28.07% 6.79% 12.52% 13.88%
EBIT Margin
(1.49%) 31.32% 32.22% 27.53% 10.47% 28.88% 28.95% (32.65%) 15.02% 7.93%
EBT margin
(6.03%) 27.77% 31.15% 30.78% 11.10% 29.63% 36.29% (29.87%) 14.15% 4.74%
Net Profit Margin
26.65% 28.95% 25.70% 28.11% 11.52% 25.09% 30.68% (18.43%) 14.19% 6.34%
Free Cash Flow Margin
82.60% 28.21% 25.96% 23.19% (25.00%) 18.58% 11.60% 4.49% (13.29%) 1.83%
EBITDA
11.76 46.05 58.64 55.39 31.90 78.82 97.25 (40.24) 60.98 48.02
EBIT
(1.66) 32.81 43.62 38.82 13.45 55.41 69.99 (70.14) 35.71 21.98
Income from Continuous Operations
2.96 28.46 34.79 39.63 14.79 48.13 74.16 (39.59) 33.74 17.57
Income from Discontinued Operations
26.65 1.87 — — — — — — — —
Consolidated Net Income/Loss
29.61 30.34 34.79 39.63 14.79 48.13 74.16 (39.59) 33.74 17.57
EPS (Basic, from Continuous Ops)
0.43 4.17 5.02 5.68 2.11 6.73 10.14 (5.29) 4.58 2.37
EPS (Basic, from Discontinued Ops)
3.91 0.27 — — — — — — — —
EPS (Basic, Consolidated)
4.34 4.44 5.02 5.68 2.11 6.73 10.14 (5.29) 4.58 2.37
EPS (Diluted, from Cont. Ops)
0.43 4.14 5.00 5.66 2.10 6.69 10.06 (5.29) 4.55 2.35
EPS (Diluted, from Disc. Ops)
0.00 0.00 — — — — — — — —
Shares (Diluted, Average)
6.85 6.87 6.96 7.01 7.06 7.19 7.37 7.48 7.41 7.48
EPS (Diluted, Consolidated)
4.32 4.41 5.00 5.66 2.10 6.69 10.06 (5.29) 4.55 2.35
EBITDA Margin
10.59% 43.95% 43.32% 39.29% 24.83% 41.09% 40.23% (18.74%) 25.65% 17.32%
Operating Cash Flow Margin
84.56% 39.42% 40.35% 37.44% (1.94%) 39.03% 28.02% 25.37% 9.38% 18.37%

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In millions of $ except per-share values · columns are period end dates