NACCO INDUSTRIES INC NC
NACCO Industries, Inc.® (NACCO) and its wholly owned subsidiary, NACCO Natural Resources Corporation® (NACCO Natural Resources, and with NACCO collectively, the Company, we, our or us), bring natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through our robust portfolio of businesses. We operate under three reportable business segments: Utility Coal Mining, Contract Mining and Minerals and Royalties. The Utility Coal Mining segment, operated by North American Coal®, manages surface coal mines that are exclusive, long-term fuel providers for power generation companies. The Contract Mining segment, operated by North American Mining®, is a leading provider of a broad range of specialized, long-term contract mining services. The Minerals and Royalties segment, which includes the Catapult Mineral Partners® (Catapult) business, acquires and promotes the development of mineral and royalty interests and other related investments.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $277.2M | $237.7M | $214.8M | $241.7M | $191.8M | $128.4M | $141.0M | $135.4M | $104.8M | $111.1M |
| Cost of revenue | $238.7M | $208.0M | $200.2M | $173.9M | $148.4M | $111.5M | $109.9M | $105.4M | $87.9M | $99.0M |
| Gross profit | $38.5M | $29.8M | $14.6M | $67.8M | $43.5M | $17.0M | $31.1M | $30.0M | $16.9M | $12.1M |
| R&D | — | — | — | — | — | — | — | — | — | $9.7M |
| SG&A | $77.9M | $69.8M | $65.6M | $63.9M | $55.7M | $53.1M | $53.8M | $49.2M | $47.5M | $48.9M |
| Total operating expenses | — | — | $134.7M | $69.1M | $59.2M | $63.7M | $56.2M | $51.3M | $45.5M | $69.0M |
| Operating income | $22.0M | $35.7M | -$70.1M | $70.0M | $55.4M | $13.4M | $38.8M | $43.6M | $32.8M | -$1.7M |
| Interest expense | $5.8M | $5.6M | $2.5M | $2.0M | $1.7M | $1.4M | $872.0K | $2.0M | $3.4M | $4.3M |
| Pre-tax income | $13.1M | $33.6M | -$64.2M | $87.7M | $56.9M | $14.3M | $43.4M | $42.2M | $29.1M | -$6.7M |
| Income tax | $4.4M | $95.0K | $24.6M | $13.6M | $8.7M | $535.0K | $3.8M | $7.4M | $639.0K | $9.6M |
| Net income | $17.6M | $33.7M | -$39.6M | $74.2M | $48.1M | $14.8M | $39.6M | $34.8M | $30.3M | $29.6M |
| EPS, basic | 2.37 | 4.58 | -5.29 | 10.14 | 6.73 | 2.11 | 5.68 | 5.02 | 4.44 | 4.34 |
| EPS, diluted | 2.35 | 4.55 | -5.29 | 10.06 | 6.69 | 2.10 | 5.66 | 5.00 | 4.41 | 4.32 |
| Shares, diluted (wtd. avg.) | $7.5M | $7.4M | $7.5M | $7.4M | $7.2M | $7.1M | $7.0M | $7.0M | $6.9M | $6.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $49.7M | $72.8M | $85.1M | $110.7M | $86.0M | $88.5M | $122.9M | $85.3M | $101.6M | $69.3M |
| Receivables | — | — | — | $37.9M | $25.7M | $18.9M | — | — | — | — |
| Inventory | $63.6M | $94.6M | $77.0M | $71.5M | $54.1M | $47.6M | $40.5M | $31.2M | $30.0M | $28.9M |
| Total current assets | $214.9M | $264.7M | $232.0M | $260.4M | $203.1M | $188.1M | $200.7M | $164.2M | $177.0M | $381.7M |
| Property, plant and equipment | — | — | — | — | — | — | — | $124.6M | $120.1M | $115.1M |
| Goodwill | — | — | — | — | — | — | — | — | — | $6.3M |
| Other intangibles | $4.7M | $5.5M | $6.0M | $28.1M | $31.8M | $35.3M | $37.9M | $40.5M | $43.6M | $45.7M |
| Total assets | $661.2M | $631.7M | $539.7M | $568.1M | $507.2M | $476.2M | $444.8M | $377.0M | $389.6M | $668.0M |
| Accounts payable | — | — | — | $12.0M | $12.2M | $5.5M | $9.4M | $7.7M | $7.6M | $7.0M |
| Short-term debt | — | — | — | — | — | — | — | $654.0K | $1.1M | $1.7M |
| Total current liabilities | $69.6M | $64.9M | $70.0M | $44.3M | $46.0M | $52.3M | $62.0M | $42.2M | $54.0M | $221.8M |
| Long-term debt | $100.8M | $99.4M | $35.8M | $18.9M | $20.4M | $45.0M | $24.3M | $6.4M | $42.0M | $94.3M |
| Total liabilities | $232.0M | $226.7M | $157.4M | $141.1M | $155.1M | $175.6M | $155.4M | $126.3M | $170.1M | $447.7M |
| Retained earnings | $381.1M | $373.4M | $355.9M | $404.9M | $336.8M | $294.3M | $284.9M | $250.4M | $216.5M | $239.4M |
| Total equity | $429.2M | $404.9M | $382.3M | $427.0M | $352.1M | $300.6M | $289.4M | $250.7M | $219.4M | $220.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $50.9M | $22.3M | $54.5M | $67.7M | $74.9M | -$2.5M | $52.8M | $54.6M | $41.3M | $93.9M |
| Depreciation and amortisation | $25.3M | $24.7M | $29.4M | $26.8M | $23.1M | $18.1M | $16.2M | $14.7M | $12.8M | $13.1M |
| Stock-based compensation | $8.3M | $5.8M | $5.2M | $7.5M | $5.6M | $3.1M | $4.9M | $4.0M | $4.5M | — |
| Capital expenditure | $48.6M | $54.7M | $45.4M | $42.5M | $39.2M | $30.2M | $24.7M | $20.9M | $15.7M | $10.2M |
| Investing cash flow | -$64.2M | -$71.3M | -$81.6M | -$33.2M | -$44.1M | -$46.0M | -$20.3M | -$18.4M | -$15.0M | -$9.8M |
| Financing cash flow | -$9.9M | $36.7M | $1.5M | -$9.8M | -$33.2M | $14.0M | $5.1M | -$52.6M | -$2.3M | -$55.7M |
| Dividends paid | $7.3M | $6.6M | $6.5M | $6.0M | $5.6M | $5.4M | $5.1M | $4.6M | $6.7M | $7.3M |
| Buybacks | $2.5M | $9.9M | $3.1M | $0 | $0 | $1.0M | $3.0M | $1.3M | $0 | $6.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000789933-26-000070.
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| BTU | PEABODY ENERGY CORP | $3.52B | — | -8.9% |
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| NRP | NATURAL RESOURCE PARTNERS LP | $1.51B | — | — |