NACCO INDUSTRIES INC
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
NC$34.95-0.8%Stored close · as of Nov 10, 2026
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Unaudited Condensed Consolidated Statements of Operations
| THREE MONTHS ENDED · NINE MONTHS ENDED | ||||
|---|---|---|---|---|
| SEPTEMBER 30 | SEPTEMBER 30 | |||
| 2025 | 2024 | 2025 | 2024 | |
| (In thousands, except per share data) | ||||
| Revenues | $76,614 | $61,656 | $210,420 | $167,290 |
| Cost of sales | 66,643 | 54,412 | 183,975 | 146,010 |
| Gross profit | 9,971 | 7,244 | 26,445 | 21,280 |
| Earnings of unconsolidated operations | 16,494 | 15,155 | 45,618 | 42,054 |
| Business interruption insurance recoveries | — | 13,612 | — | 13,612 |
| Operating expenses | ||||
| Selling, general and administrative expenses | 19,549 | 16,487 | 57,190 | 49,660 |
| Amortization of intangible assets | 167 | 131 | 574 | 373 |
| Gain on sale of assets | (28) | (306) | (109) | (4,909) |
| 19,688 | 16,312 | 57,655 | 45,124 | |
| Operating profit | 6,777 | 19,699 | 14,408 | 31,822 |
| Other expense (income) | ||||
| Interest expense | 1,087 | 1,386 | 4,805 | 3,808 |
| Interest income | (708) | (1,084) | (2,343) | (3,249) |
| Closed mine obligations | 478 | 463 | 1,454 | 1,389 |
| (Gain) loss on equity securities | (284) | (442) | 237 | (1,219) |
| Gain on settlement of excess funding liability | — | — | (3,590) | — |
| Other, net | 247 | 244 | 767 | 160 |
| 820 | 567 | 1,330 | 889 | |
| Income before income tax (benefit) provision | 5,957 | 19,132 | 13,078 | 30,933 |
| Income tax (benefit) provision | (7,297) | 3,497 | (8,336) | 4,756 |
| Net income | $13,254 | $15,635 | $21,414 | $26,177 |
| Earnings per share: | ||||
| Basic earnings per share | $1.78 | $2.14 | $2.89 | $3.55 |
| Diluted earnings per share | $1.78 | $2.14 | $2.87 | $3.54 |
| Basic weighted average shares outstanding | 7,454 | 7,312 | 7,415 | 7,383 |
| Diluted weighted average shares outstanding | 7,454 | 7,312 | 7,449 | 7,395 |
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