NC · Nacco Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $277.20M | $237.71M | $214.79M | $241.72M | $191.85M | $128.43M |
| Cost of Revenue | $238.72M | $207.95M | $200.20M | $173.88M | $148.39M | $111.46M |
| Gross Profit | $38.47M | $29.76M | $14.59M | $67.84M | $43.45M | $16.97M |
| R&D | - | - | - | - | - | - |
| SG&A | $77.85M | $69.75M | $65.62M | $63.91M | $55.72M | $53.06M |
| Total Operating Expenses | - | - | $134.72M | $69.11M | $59.22M | $63.72M |
| D&A | $25.28M | $24.65M | $29.39M | $26.82M | $23.09M | $18.11M |
| Operating Income | $21.98M | $35.70M | ($70.14M) | $69.99M | $55.41M | $13.45M |
| Interest Expense | $5.75M | $5.57M | $2.46M | $2.03M | $1.72M | $1.35M |
| Income Tax | ($4.43M) | ($95.0K) | ($24.57M) | $13.56M | $8.72M | ($535.0K) |
| Net Income | $17.57M | $33.74M | ($39.59M) | $74.16M | $48.13M | $14.79M |
| EPS - Basic | $2.37 | $4.58 | ($5.29) | $10.14 | $6.73 | $2.11 |
| EPS - Diluted | $2.35 | $4.55 | ($5.29) | $10.06 | $6.69 | $2.10 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $49.71M | $72.83M | $85.11M | $110.75M | $86.00M | $88.45M |
| Accounts Receivable | - | - | - | $37.94M | $25.67M | - |
| Inventory | $63.65M | $94.61M | $77.00M | $71.49M | $54.09M | $47.55M |
| Accounts Payable | - | - | - | $11.95M | $12.21M | $5.52M |
| Current Assets | $214.89M | $264.74M | $232.00M | $260.41M | $203.05M | $188.15M |
| Total Assets | $661.23M | $631.69M | $539.71M | $568.07M | $507.22M | $476.18M |
| Current Liabilities | $69.61M | $64.89M | $69.99M | $44.27M | $46.02M | $52.26M |
| Long-term Debt | $100.84M | $99.43M | $35.84M | $18.87M | $20.37M | $45.00M |
| Total Liabilities | $231.99M | $226.74M | $157.37M | $141.11M | $155.10M | $175.56M |
| Stockholders' Equity | $429.24M | $404.95M | $382.34M | $426.97M | $352.12M | $300.62M |
| Retained Earnings | $381.13M | $373.36M | $355.87M | $404.92M | $336.78M | $294.27M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $50.91M | $22.29M | $54.49M | $67.73M | $74.88M | ($2.49M) |
| Investing Cash Flow | ($64.18M) | ($71.29M) | ($81.60M) | ($33.15M) | ($44.15M) | ($45.98M) |
| Financing Cash Flow | ($9.86M) | $36.73M | $1.47M | ($9.84M) | ($33.17M) | $14.03M |
| CapEx | $48.63M | $54.71M | $45.41M | $42.52M | $39.23M | $30.19M |
| Free Cash Flow | $2.28M | ($32.42M) | $9.08M | $25.21M | $35.65M | ($32.67M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 13.9% | 12.5% | 6.8% | 28.1% | 22.6% | 13.2% |
| Operating margin | 7.9% | 15.0% | -32.7% | 29.0% | 28.9% | 10.5% |
| EBITDA margin | 17.0% | 25.4% | -19.0% | 40.0% | 40.9% | 24.6% |
| Net margin | 6.3% | 14.2% | -18.4% | 30.7% | 25.1% | 11.5% |
| Free cash flow margin | 0.8% | -13.6% | 4.2% | 10.4% | 18.6% | -25.4% |
| FCF / Net income | 0.13 | -0.96 | -0.23 | 0.34 | 0.74 | -2.21 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 28.1% | 29.3% | 30.5% | 26.4% | 29.0% | 41.3% |
| Effective tax rate | -33.7% | -0.3% | - | 15.5% | 15.3% | -3.8% |
| Return on assets | 2.7% | 5.3% | -7.3% | 13.1% | 9.5% | 3.1% |
| Return on equity | 4.1% | 8.3% | -10.4% | 17.4% | 13.7% | 4.9% |
| Return on invested capital | 4.1% | 7.1% | -13.2% | 13.3% | 12.6% | 3.9% |
| Liquidity | ||||||
| Current ratio | 3.09 | 4.08 | 3.31 | 5.88 | 4.41 | 3.60 |
| Quick ratio | 2.17 | 2.62 | 2.21 | 4.27 | 3.24 | 2.69 |
| Cash ratio | 0.71 | 1.12 | 1.22 | 2.50 | 1.87 | 1.69 |
| Leverage | ||||||
| Debt / Equity | 0.23 | 0.25 | 0.09 | 0.04 | 0.06 | 0.15 |
| Debt / Assets | 0.15 | 0.16 | 0.07 | 0.03 | 0.04 | 0.09 |
| Debt / EBITDA | 2.13 | 1.65 | - | 0.19 | 0.26 | 1.43 |
| Interest coverage | 3.8x | 6.4x | -28.5x | 34.4x | 32.2x | 9.9x |
| Equity multiplier | 1.54 | 1.56 | 1.41 | 1.33 | 1.44 | 1.58 |
| Liabilities / Assets | 0.35 | 0.36 | 0.29 | 0.25 | 0.31 | 0.37 |
| Efficiency | ||||||
| Asset turnover | 0.42 | 0.38 | 0.40 | 0.43 | 0.38 | 0.27 |
| Inventory turnover | 3.75 | 2.20 | 2.60 | 2.43 | 2.74 | 2.34 |
| Days sales outstanding | - | - | - | 57d | 49d | - |
| Days inventory outstanding | 97d | 166d | 140d | 150d | 133d | 156d |
| Days payable outstanding | - | - | - | 25d | 30d | 18d |
| Cash conversion cycle | - | - | - | 182d | 152d | - |
| Valuation | ||||||
| P / E | 20.9x | 6.6x | - | 3.8x | 5.4x | 12.5x |
| P / B | 0.9x | 0.5x | 0.7x | 0.7x | 0.7x | 0.6x |
| P / S | 1.3x | 0.9x | 1.3x | 1.2x | 1.4x | 1.4x |
| EV / EBITDA | 8.8x | 4.1x | - | 1.9x | 2.5x | 4.5x |
| Growth | ||||||
| Revenue growth (YoY) | 16.6% | 10.7% | -11.1% | 26.0% | 49.4% | -8.9% |
| Revenue CAGR (3y) | 4.7% | 7.4% | 18.7% | 19.7% | 12.3% | 7.0% |
| Revenue CAGR (5y) | 16.6% | 11.0% | 9.7% | 18.2% | -25.9% | -32.5% |
| Gross profit growth (YoY) | 29.3% | 103.9% | -78.5% | 56.1% | 156.1% | -45.5% |
| Operating income growth (YoY) | -38.4% | - | - | 26.3% | 312.0% | -65.4% |
| Net income growth (YoY) | -47.9% | - | - | 54.1% | 225.3% | -62.7% |
| EPS growth (YoY) | -48.4% | - | - | 50.4% | 218.6% | -62.9% |
| EPS CAGR (3y) | -38.4% | -12.1% | - | 21.1% | 10.2% | -21.4% |
| EPS CAGR (5y) | 2.3% | -4.3% | - | 18.4% | - | - |
| FCF growth (YoY) | - | - | -64.0% | -29.3% | - | - |
| FCF CAGR (5y) | - | - | -23.1% | -0.3% | -14.4% | - |
| Book value growth (YoY) | 6.0% | 5.9% | -10.5% | 21.3% | 17.1% | 3.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$265.83M totalContract Mining$140.01M · 52.7%
Utility Coal Mining$88.19M · 33.2%
Minerals And Royalties$37.63M · 14.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.94
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Bituminous Coal & Lignite Surface Mining
Comparing NACCO INDUSTRIES INC against the 5 most active filers in the same SIC group.
Dividends
$1.02/share trailing 12 months · +9.1% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.2630 |
| Mar 2, 2026 | $0.2530 |
| Dec 1, 2025 | $0.2530 |
| Sep 2, 2025 | $0.2530 |
| May 30, 2025 | $0.2530 |
| Mar 3, 2025 | $0.2280 |
| Dec 2, 2024 | $0.2280 |
| Sep 3, 2024 | $0.2280 |
| May 31, 2024 | $0.2280 |
| Mar 1, 2024 | $0.2180 |
| Nov 29, 2023 | $0.2180 |
| Sep 1, 2023 | $0.2180 |
| May 30, 2023 | $0.2180 |
| Mar 6, 2023 | $0.2080 |
| Nov 29, 2022 | $0.2080 |
| Aug 30, 2022 | $0.2080 |
| May 27, 2022 | $0.2080 |
| Mar 4, 2022 | $0.1980 |
| Nov 29, 2021 | $0.1980 |
| Aug 30, 2021 | $0.1980 |
| May 28, 2021 | $0.1980 |
| Mar 5, 2021 | $0.1930 |
| Nov 27, 2020 | $0.1930 |
| Aug 31, 2020 | $0.1930 |