Business
NACCO INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 RESULTS
NACCO INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 RESULTS
About this update from Nacco Industries, Inc.
[{"type":"text","content":"CLEVELAND, March 4, 2026 /PRNewswire/ --","length":40,"tagName":"p"},{"type":"text","content":"Q4 Highlights:","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Gross profit of $12.0 million increased 42% from 2024 on 5% lower revenue","length":73,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating profit of $7.6 million up 95% over 2024 and 12% over Q3 2025 ","length":70,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss of $3.8 million compared with net income of $7.6 million in 2024","length":73,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"2025 net loss includes a $6.0 million after-tax, non-cash pension settlement charge","length":83,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":83,"olType":false}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $14.3 million improved 59% over 2024 and 14% over Q3 2025","length":76,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":375,"olType":false},{"type":"text","content":"FY Highlights:","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net income of $17.6 million, or $2.35/share, versus $33.7 million, or $4.55/share, in 2024","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $48.9 million compared with $59.4 million in 2024 ","length":68,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"2024 included $13.6 million of business interruption insurance recoveries","length":73,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":73,"olType":false}]}],"tagName":"ul","bulletedList":true,"length":231,"olType":false},{"type":"text","content":"NACCO Industries® (NYSE: NC) today announced financial results for the three months and year ended December 31, 2025. Fourth-quarter 2025 operating profit increased over the prior year, reflecting improved results across all three reportable segments, led by Utility Coal Mining. Higher unallocated expenses partly offset these improvements.","length":341,"tagName":"p"},{"type":"text","content":"During the 2025 fourth quarter, the Company recorded a $7.8 million pension settlement charge, $6.0 million after tax, associated with the planned termination of its pension plan. This charge and a significant unfavorable tax effect, primarily due to the tru...