NACCO Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	277.2	237.71	214.79	241.72	191.85
Revenue Growth (YoY)	16.61%	10.67%	-11.14%	26.00%	49.38%
Fuel and Purchased Power Expense	238.73	207.95	200.2	173.88	148.39
Gross Profit	38.47	29.76	14.59	67.84	43.45
Depreciation & Amortization Expenses	0.75	0.53	3	3.72	3.56
Net Gains on Disposal of Operating Assets	-0.29	-5.15	0.22	-2.46	-0.06
Other Operating Expenses	163.97	134.89	266.23	136.96	114.94
Operating Income	21.98	35.71	-70.14	69.99	55.41
Interest Income	58.05	54.85	45.87	55.52	63.82
Interest Expense	-5.75	-5.57	-2.46	-2.03	-1.72
Other Non-Operating Income (Expense)	12.71	13.64	-13.55	-24.7	7.01
Total Non-Operating Income (Expense)	65	62.92	29.86	28.78	69.11
Pretax Income	13.14	33.65	-64.16	87.72	56.85
Provision for Income Taxes	-4.43	-0.1	-24.57	13.57	8.73
Net Income	17.57	33.74	-39.59	74.16	48.13
Net Income to Common	17.57	33.74	-39.59	74.16	48.13
Net Income Growth	-47.91%	-	-	54.10%	225.32%
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
Shares Change (YoY)	0.95%	-0.90%	1.42%	2.54%	1.88%
EPS (Basic)	2.37	4.58	-5.29	10.14	6.73
EPS (Diluted)	2.35	4.55	-5.29	10.06	6.69
EPS Growth	-48.35%	-	-	50.37%	218.57%
Free Cash Flow	-2.38	-33.13	-27.63	13.29	30.31
Free Cash Flow Growth	-	-	-	-56.16%	-
Free Cash Flow Per Share	-0.32	-4.47	-3.70	1.80	4.22
Dividends Per Share	0.985	0.900	0.860	0.820	0.785
Dividend Growth	9.44%	4.65%	4.88%	4.46%	2.28%
Gross Margin	13.88%	12.52%	6.79%	28.07%	22.65%
Operating Margin	7.93%	15.02%	-32.65%	28.95%	28.88%
Profit Margin	6.34%	14.19%	-18.43%	30.68%	25.09%
FCF Margin	-0.86%	-13.94%	-12.86%	5.50%	15.80%
EBITDA	47.26	60.36	-40.75	96.8	78.5
EBITDA Margin	17.05%	25.39%	-18.97%	40.05%	40.92%
EBIT	21.98	35.71	-70.14	69.99	55.41
EBIT Margin	7.93%	15.02%	-32.65%	28.95%	28.88%
Effective Tax Rate	-33.70%	-0.28%	38.30%	15.46%	15.35%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q