Nacco Industries Inc (NC) financial statements: income statement, balance sheet and cash flow
Nacco Industries Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Nacco Industries Inc reported revenue of $277.2M (+16.6% year on year) and net income of $17.6M (-47.9% year on year).
Income statement
Nacco Industries Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenues
$277.2M
$237.7M
$214.8M
$241.7M
Cost of sales
$238.7M
$208.0M
$200.2M
$173.9M
Gross profit
$38.5M
$29.8M
$14.6M
$67.8M
Earnings of unconsolidated operations
$61.8M
$57.5M
$50.0M
$57.3M
Business interruption insurance recoveries
$0
$13.6M
—
—
Selling, general and administrative expenses
$77.9M
$69.8M
$65.6M
$63.9M
Amortization of intangible assets
$750.0K
$531.0K
$3.0M
$3.7M
Gain on sale of assets
($286.0K)
($5.1M)
$221.0K
($2.5M)
Operating expenses
$78.3M
$65.1M
$134.7M
$69.1M
Operating profit
$22.0M
$35.7M
($70.1M)
$70.0M
Interest expense
$5.8M
$5.6M
$2.5M
$2.0M
Interest income
($3.1M)
($4.4M)
($6.1M)
($1.4M)
Closed mine obligations
$457.0K
$2.4M
$3.6M
$1.2M
Loss (gain) on equity securities
$726.0K
($1.8M)
($2.0M)
$283.0K
Gain on settlement of excess funding liability
($3.6M)
—
—
—
Pension settlement charge
$7.8M
—
—
—
Other, net
$738.0K
$345.0K
($4.0M)
($708.0K)
Other (income) expense
$8.8M
$2.1M
($6.0M)
($17.7M)
Income before income tax benefit
$13.1M
$33.6M
($64.2M)
$87.7M
Income tax benefit
($4.4M)
($95.0K)
($24.6M)
$13.6M
Net income
$17.6M
$33.7M
($39.6M)
$74.2M
Basic earnings (loss) per share (in dollars per share)
$2.37
$4.58
-$5.29
$10.14
Diluted earnings (loss) per share (in dollars per share)
$2.35
$4.55
-$5.29
$10.06
Basic weighted average shares outstanding (in shares)
7.4M
7.4M
7.5M
7.3M
Diluted weighted average shares outstanding (in shares)
7.5M
7.4M
7.5M
7.4M
Nacco Industries Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues
$72.3M
$62.8M
$76.6M
$68.2M
Cost of sales
$57.1M
$48.5M
$66.6M
$61.4M
Gross profit
$15.2M
$14.3M
$10.0M
$6.8M
Earnings of unconsolidated operations
$14.2M
$16.6M
$16.5M
$13.1M
Selling, general and administrative expenses
$19.2M
$19.7M
$19.5M
$19.8M
Amortization of intangible assets
$196.0K
$151.0K
$167.0K
$245.0K
Loss (gain) on sale of assets
$205.0K
($6.0K)
($28.0K)
($9.0K)
Asset impairment charges
$12.0M
—
—
—
Operating expenses
$31.6M
$19.8M
$19.7M
$20.0M
Operating (loss) profit
($2.3M)
$11.0M
$6.8M
($51.0K)
Interest expense
$1.6M
$1.7M
$1.1M
$1.9M
Interest income
($633.0K)
($595.0K)
($708.0K)
($770.0K)
Closed mine obligations
$445.0K
$489.0K
$478.0K
$503.0K
(Gain) loss on equity securities
($858.0K)
($455.0K)
($284.0K)
($349.0K)
Gain on settlement of excess funding liability
$0
—
$0
($3.6M)
Other, net
$332.0K
$92.0K
$247.0K
$217.0K
Other (income) expense
$906.0K
$1.2M
$820.0K
($2.0M)
(Loss) income before income tax benefit
($3.2M)
$9.8M
$6.0M
$2.0M
Income tax benefit
($2.2M)
$991.0K
($7.3M)
($1.3M)
Net (loss) income
($963.0K)
$8.8M
$13.3M
$3.3M
Basic (loss) earnings per share (in dollars per share)
-$0.13
$1.18
$1.78
$0.44
Diluted (loss) earnings per share (in dollars per share)
-$0.13
$1.17
$1.78
$0.44
Basic weighted average shares outstanding (in shares)
7.5M
7.5M
7.5M
7.4M
Diluted weighted average shares outstanding (in shares)
7.5M
7.6M
7.5M
7.4M
Balance sheet
Nacco Industries Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$49.7M
$72.8M
$85.1M
$110.7M
Trade accounts receivable and accounts receivable from affiliates
$49.8M
$55.5M
$45.3M
$37.9M
Prepaid profit sharing
$11.5M
—
—
—
Inventories
$63.6M
$94.6M
$77.0M
$71.5M
Assets held for sale
$12.8M
$14.2M
$6.5M
—
Prepaid insurance
$5.5M
—
$1.8M
$2.0M
Other current assets
$21.9M
$27.6M
$15.5M
$15.9M
Total current assets
$214.9M
$264.7M
$232.0M
$260.4M
Property, plant and equipment, net
$287.5M
$259.5M
$223.9M
$218.0M
Intangibles, net
$4.7M
$5.5M
$6.0M
$28.1M
Mining supplies inventory
$34.8M
—
—
—
Deferred income taxes
$14.0M
$14.6M
$15.1M
$6.1M
Equity method investments
$48.5M
$33.3M
$12.4M
$14.9M
Operating lease right-of-use assets
$9.6M
$9.7M
$8.7M
$6.4M
Equity securities
$17.7M
$18.7M
—
—
Other non-current assets
$29.5M
$25.8M
$41.7M
$40.3M
Total assets
$661.2M
$631.7M
$539.7M
$568.1M
Accounts payable and accounts payable to affiliates
$16.7M
$19.5M
$17.6M
$12.0M
Current maturities of long-term debt
$9.1M
$4.2M
$4.0M
$3.6M
Asset retirement obligations
$8.2M
$9.7M
$13.1M
$1.7M
Accrued payroll
$19.9M
$22.7M
$17.3M
$18.1M
Excess funding liability
$5.5M
—
—
—
Other current liabilities
$10.3M
$8.8M
$7.1M
$6.6M
Total current liabilities
$69.6M
$64.9M
$70.0M
$44.3M
Long-term debt
$16.8M
$25.3M
$22.0M
$16.0M
Long-term revolving credit agreement
$75.0M
$70.0M
—
—
Operating lease liabilities
$8.0M
$9.0M
$8.8M
$7.5M
Asset retirement obligations
$39.5M
$39.8M
$39.5M
$44.3M
Retirement benefit plans
$4.6M
$4.8M
$5.2M
$5.1M
Other long-term liabilities
$18.5M
$12.1M
$6.1M
$8.5M
Total liabilities
$232.0M
$226.7M
$157.4M
$141.1M
Common stock
$7.4M
$7.3M
$7.4M
$7.3M
Capital in excess of par value
$42.4M
$34.3M
$28.7M
$23.7M
Retained earnings
$381.1M
$373.4M
$355.9M
$404.9M
Accumulated other comprehensive loss
($1.7M)
($10.1M)
($9.7M)
($9.0M)
Total stockholders’ equity
$429.2M
$404.9M
$382.3M
$427.0M
Total liabilities and equity
$661.2M
$631.7M
$539.7M
$568.1M
Nacco Industries Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$45.5M
$53.2M
$52.7M
$49.4M
Trade accounts receivable and accounts receivable from affiliates
$44.9M
$39.7M
$35.2M
$48.0M
Oil and natural gas receivables
$9.1M
—
—
—
Prepaid profit sharing
$8.3M
$11.2M
$9.6M
$12.0M
Inventories
$61.1M
$58.8M
$59.9M
$58.6M
Assets held for sale
$19.9M
$12.2M
$15.4M
$17.0M
Prepaid insurance
$235.0K
$2.2M
$8.0M
$11.2M
Other current assets
$20.2M
$25.9M
$27.0M
$14.8M
Total current assets
$209.2M
$203.2M
$207.7M
$227.3M
Property, plant and equipment, net
$299.0M
$309.9M
$274.1M
$256.8M
Intangibles, net
$4.4M
$4.6M
$4.9M
$5.1M
Mining supplies inventory
$43.3M
$42.8M
$34.5M
$33.7M
Deferred income taxes
$16.3M
$13.9M
$21.1M
$18.4M
Investments in unconsolidated subsidiaries and Equity method investment in Eiger Resources
$44.0M
$49.2M
$37.6M
$35.0M
Operating lease right-of-use assets
$8.4M
$9.0M
$8.5M
$8.9M
Equity securities
$19.1M
$18.2M
$18.1M
$17.8M
Other non-current assets
$33.6M
$34.9M
$31.0M
$28.4M
Total assets
$677.5M
$685.7M
$637.6M
$631.3M
Accounts payable and accounts payable to affiliates
$22.4M
$20.5M
$21.4M
$14.9M
Current maturities of long-term debt
$8.6M
$9.0M
$4.6M
$4.6M
Asset retirement obligations
$8.0M
$6.7M
$9.6M
$9.6M
Accrued payroll
$14.0M
$9.8M
$17.8M
$14.2M
Excess funding liability
$0
$5.5M
$5.5M
$5.5M
Other current liabilities
$10.5M
$10.0M
$9.0M
$9.3M
Total current liabilities
$63.5M
$61.5M
$67.9M
$58.2M
Long-term debt
$16.5M
$17.4M
$25.5M
$25.9M
Long-term revolving credit agreements
$95.0M
$100.0M
$50.0M
$65.0M
Operating lease liabilities
$7.0M
$7.5M
$7.7M
$8.2M
Asset retirement obligations
$34.5M
$37.6M
$38.7M
$40.4M
Retirement benefit plans
$4.3M
$4.4M
$4.5M
$4.6M
Deferred revenue
$12.7M
—
—
—
Other long-term liabilities
$7.8M
$20.2M
$16.9M
$16.0M
Total liabilities
$241.3M
$248.5M
$211.2M
$218.2M
Common stock
$7.5M
$7.5M
$7.5M
$7.5M
Capital in excess of par value
$45.1M
$43.2M
$40.0M
$38.2M
Retained earnings
$385.1M
$388.1M
$388.7M
$377.3M
Accumulated other comprehensive loss
($1.6M)
($1.7M)
($9.7M)
($9.8M)
Total stockholders' equity
$436.1M
$437.1M
$426.4M
$413.1M
Total liabilities and equity
$677.5M
$685.7M
$637.6M
$631.3M
Cash flow statement
Nacco Industries Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$17.6M
$33.7M
($39.6M)
$74.2M
Depreciation, depletion and amortization
$25.3M
$24.7M
$29.4M
$26.8M
Amortization of deferred financing fees
$764.0K
$619.0K
$505.0K
$446.0K
Deferred income taxes
$58.0K
$1.5M
($21.1M)
($8.5M)
Stock-based compensation
$8.3M
$5.8M
$5.2M
$7.5M
Gain on sale of assets
($286.0K)
($5.1M)
$221.0K
($2.5M)
Inventory impairment charges
$7.0M
$9.6M
$7.5M
—
Pension settlement charge
$7.8M
—
—
—
Other
$7.2M
($4.0M)
$968.0K
($791.0K)
Accounts receivable
$2.9M
($11.7M)
$2.5M
($13.2M)
Inventories
($11.4M)
($27.3M)
($13.0M)
($6.8M)
Other current assets
($5.2M)
($8.7M)
($1.8M)
$1.3M
Accounts payable
$2.7M
$2.0M
$3.1M
$252.0K
Income taxes receivable/payable
($2.9M)
($148.0K)
$15.0M
($416.0K)
Other current liabilities
($8.8M)
$1.2M
($236.0K)
$1.0M
Net cash provided by operating activities
$50.9M
$22.3M
$54.5M
$67.7M
Expenditures for property, plant and equipment
($48.6M)
($54.7M)
($45.4M)
($42.5M)
Acquisition of mineral interests
($4.7M)
($713.0K)
($36.7M)
($11.9M)
Proceeds from the sale of assets
$2.8M
$822.0K
$561.0K
$2.8M
Equity method investment
($16.7M)
($16.6M)
($3.5M)
—
Return of equity method investment
$3.3M
—
—
—
Other
($282.0K)
($139.0K)
($146.0K)
($170.0K)
Net cash used for investing activities
($64.2M)
($71.3M)
($81.6M)
($33.2M)
Net additions to revolving credit agreement
$5.0M
$60.0M
$10.0M
($4.0M)
Reductions to long-term debt
($4.6M)
($4.9M)
($4.2M)
($2.9M)
(Reductions) additions to note payable to affiliate
($346.0K)
—
—
—
Debt issuance costs
$0
($2.4M)
—
—
Cash dividends paid
($7.3M)
($6.6M)
($6.5M)
($6.0M)
Purchase of treasury shares
-2.5M
-9.9M
-3.1M
—
Net cash (used for) provided by financing activities