SunCoke Energy, Inc. SXC
SunCoke Energy, Inc. ("SunCoke Energy," "SunCoke," "Company," "we," "our" and "us") is the largest independent producer of high-quality coke in the Americas, as measured by tons of coke produced each year, and has more than 65 years of coke production experience. Coke is produced by heating metallurgical coal in a refractory oven, which releases certain volatile components from the coal, thus transforming the coal into coke. Our coke is primarily used as a principal raw material in the blast furnace steelmaking process as well as in the foundry production of casted iron, and the majority of our sales are derived from blast furnace coke sales made under long-term, take-or-pay agreements. We also sell coke produced utilizing capacity in excess of that reserved for our long-term, take-or-pay agreements to customers in both the export and North American domestic coke markets seeking high-quality product for their blast furnaces. We have designed, developed and built, and we currently own and operate five cokemaking facilities in the United States ("U.S.") with collective nameplate capacity to produce approximately 3.7 million tons of blast furnace coke per year. Additionally, we designed and currently operate one cokemaking facility in Brazil under licensing and operating agreements on behalf of ArcelorMittal Brasil S.A. ("ArcelorMittal Brazil"), which has approximately 1.7 million tons of annual cokemaking capacity.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Domestic
- International
| Region | FY2025 |
|---|---|
| Domestic | $1.77B |
| International | $67.9M |
As the company reported it, from the “Revenue from Contracts with Customers - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.84B | $1.94B | $2.06B | $1.97B | $1.46B | $1.33B | $1.60B | $1.45B | $1.33B | $1.22B |
| SG&A | $84.8M | $61.2M | $70.7M | $71.4M | $61.8M | $81.4M | $75.8M | $66.1M | $79.0M | $90.6M |
| Total operating expenses | $1.88B | $1.78B | $1.94B | $1.82B | $1.31B | $1.26B | $1.74B | $1.33B | $1.23B | $1.13B |
| Operating income | -$44.4M | $151.9M | $125.1M | $153.7M | $141.5M | $69.7M | -$144.3M | $118.7M | $104.2M | $97.9M |
| Interest expense | $32.9M | $28.7M | $30.0M | $32.7M | $42.5M | $56.3M | $60.3M | $61.4M | $60.6M | $53.5M |
| Pre-tax income | -$72.8M | $128.5M | $97.8M | $121.7M | $67.1M | $19.1M | -$203.1M | $57.0M | $21.9M | $68.1M |
| Income tax | $34.0M | $25.0M | $34.3M | $16.8M | $18.3M | $10.3M | $54.7M | $4.6M | $81.6M | $8.6M |
| Net income | -$44.2M | $95.9M | $57.5M | $100.7M | $43.4M | $3.7M | -$152.3M | $26.2M | $122.4M | $14.4M |
| EPS, basic | -0.52 | 1.13 | 0.68 | 1.20 | 0.52 | 0.04 | -1.98 | 0.40 | 1.90 | 0.22 |
| EPS, diluted | -0.52 | 1.12 | 0.68 | 1.19 | 0.52 | 0.04 | -1.98 | 0.40 | 1.88 | 0.22 |
| Shares, diluted (wtd. avg.) | 85.5M | 85.3M | 84.9M | 84.6M | 83.7M | 83.2M | 76.8M | 65.5M | 65.2M | 64.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $88.7M | $189.6M | $140.1M | $90.0M | $63.8M | $48.4M | $97.1M | $145.7M | $120.2M | $134.5M |
| Receivables | $111.5M | $96.6M | $88.3M | $104.8M | $77.6M | $46.3M | $59.5M | $75.4M | $68.5M | $60.7M |
| Inventory | $219.9M | $180.8M | $182.6M | $175.2M | $127.0M | $126.6M | $147.0M | $110.4M | $111.0M | $92.5M |
| Total current assets | $463.0M | $474.6M | $416.8M | $374.0M | $271.9M | $229.7M | $308.3M | $335.0M | $311.2M | $316.1M |
| Property, plant and equipment | — | $1.14B | $1.19B | $1.23B | $1.29B | $1.33B | $1.39B | $1.47B | $1.50B | $1.54B |
| Goodwill | $55.6M | $3.4M | — | — | — | $3.4M | $3.4M | $76.9M | $76.9M | $76.9M |
| Other intangibles | $44.0M | $25.8M | $27.7M | $29.8M | $31.8M | $33.8M | $34.7M | $156.8M | $167.9M | $179.0M |
| Total assets | $1.79B | $1.67B | $1.66B | $1.65B | $1.62B | $1.61B | $1.75B | $2.05B | $2.06B | $2.12B |
| Accounts payable | $157.3M | $153.2M | $172.1M | $159.3M | $126.0M | $104.1M | $142.4M | $115.0M | $115.5M | $98.6M |
| Short-term debt | — | — | $0 | $3.3M | $3.2M | $3.0M | $2.9M | $3.9M | $2.6M | $4.9M |
| Total current liabilities | $219.5M | $205.8M | $223.8M | $224.0M | $182.2M | $158.9M | $194.8M | $171.1M | $178.4M | $172.0M |
| Long-term debt | $685.5M | $492.3M | $490.3M | $528.9M | $610.4M | $673.9M | $780.0M | $834.5M | $861.1M | $849.2M |
| Total liabilities | $1.16B | $957.2M | $1.01B | $1.03B | $1.08B | $1.11B | $1.24B | $1.36B | $1.40B | $1.48B |
| Retained earnings | $52.3M | $138.1M | $80.2M | $53.5M | -$23.4M | -$46.6M | -$30.1M | $127.4M | $101.2M | -$22.0M |
| Total equity | $597.3M | $680.2M | $645.5M | $622.7M | $535.4M | $500.9M | $518.4M | $682.7M | $659.6M | $639.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $109.1M | $168.8M | $249.0M | $208.9M | $233.1M | $157.8M | $181.9M | $185.8M | $148.5M | $219.1M |
| Depreciation and amortisation | $153.6M | $118.9M | $142.8M | $142.5M | $133.9M | $133.7M | $143.8M | $141.6M | $128.2M | $114.2M |
| Stock-based compensation | $2.4M | $4.0M | $5.1M | $6.7M | $6.1M | $3.8M | $4.5M | $3.1M | $4.8M | $6.5M |
| Capital expenditure | $66.8M | $72.9M | $109.2M | $75.5M | $98.6M | $73.9M | $110.1M | $100.3M | $75.6M | $63.7M |
| Investing cash flow | -$339.2M | -$72.3M | -$109.2M | -$70.2M | -$99.3M | -$75.3M | -$109.8M | -$95.8M | -$55.1M | -$53.9M |
| Financing cash flow | $128.8M | -$47.0M | -$89.7M | -$112.5M | -$118.4M | -$131.2M | -$120.7M | -$64.5M | -$107.7M | -$172.3M |
| Dividends paid | $41.4M | $37.6M | $30.7M | $23.6M | $20.1M | $19.9M | $5.1M | $0 | $0 | $0 |
| Buybacks | — | — | — | $0 | $0 | $7.0M | $36.3M | $0 | $0 | $0 |
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 0001514705-26-000010.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.33B | $1.45B | $1.60B | $1.33B | $1.46B | $1.97B | $2.06B | $1.94B | $1.84B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $14.4M | $122.4M | $26.2M | -$152.3M | $3.7M | $43.4M | $100.7M | $57.5M | $95.9M | -$44.2M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Other event Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3312
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NUE | NUCOR CORP | $58.56B | 34.3x | 5.7% |
| STLD | STEEL DYNAMICS INC | $34.62B | 30.2x | 3.6% |
| CRS | CARPENTER TECHNOLOGY CORP | $14.11B | 27.1x | 8.6% |
| CMC | COMMERCIAL METALS Co | $6.94B | 84.8x | -1.6% |
| MTUS | Metallus Inc. | $846.0M | — | 6.9% |
| TWI | TITAN INTERNATIONAL INC | $436.3M | — | -0.9% |
| ASTL | Algoma Steel Group Inc. | — | — | — |
| PKX | POSCO HOLDINGS INC. | — | — | — |