NACCO Industries Q4 net loss due to pension charge

NACCO Industries

04/03/2026 22:00

Overview

Natural resources firm reported Q4 revenue down 5% yr/yr, gross profit up 42%

Company reports Q4 net loss of $3.8 mln due to $6 mln after-tax pension settlement charge

Adjusted EBITDA for Q4 improved 59% over 2024

Outlook

NACCO expects 2026 operating profit to improve year-over-year

Utility Coal Mining segment to see increased operating profit in 2026

Contract Mining segment to deliver significant profit increase in 2026

Result Drivers

UTILITY COAL MINING - Improved results led by Mississippi Lignite Mining Company, with higher production efficiency and lower cost per ton sold

CONTRACT MINING - Revenue decline due to lower reimbursed costs, but net revenue grew 9% driven by higher parts sales

MINERALS AND ROYALTIES - Increased royalty revenues from improved natural gas pricing and production volumes, offset by decreased oil revenues

Company press release: ID:nPn49sdBFa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$0.52
Q4 Net Income
-$3.84 mln
Q4 Adjusted EBITDA
$14.31 mln
Q4 Operating Income
$7.57 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)