NACCO INDUSTRIES INC (NC) Form 8-K — Nov 4, 2026
NACCO Industries (NYSE: NC) reported Q3 2026 revenues of $80.5 million, up 5% year over year, with gross profit of $11.8 million up 18% and income before taxes more than doubling to $12.5 million on strong Contract Mining and Utility Coal results. Adjusted EBITDA rose 63% year over year to $20.4 million, boosted by the ramp-up of the Palm Beach County, Florida dragline services contract. Net income of $10.9 million ($1.44 diluted EPS) fell 18% from $13.3 million due to substantially higher income tax expense, and results absorbed $3.4 million of solar curtailment costs alongside a $4.5 million pension liability settlement gain.
Key figures
- Eps
- 1.44
- Revenue
- 80494000
- Guidance
- Full-year consolidated operating profit expected comparable to prior year including ~$15 million of solar-related impairment and curtailment costs; substantial YoY increase in full-year Adjusted EBITDA expected; Q4 net income expected to increase YoY; meaningful YoY improvements expected in 2027.
- Net Income
- 10908000
- Total Debt
- 124800000
- Revenue Yoy
- 5%
- Cash Position
- 56500000
- Shares Outstanding
- 7549000
- Gross profit q3
- $11.8 million (+18% YoY)
- Total liquidity
- $115.2 million
- Adjusted ebitda q3
- $20.4 million (+63% YoY, +28% sequentially)
- Ltm adjusted ebitda
- $66.99 million
- Income before taxes q3
- $12.5 million (+110% YoY)
- Solar curtailment costs q3
- $3.4 million
- Excess funding liability settlement gain
- $4.5 million
AI analysis
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