Sector: Coal
Geography: USA (North Dakota, Mississippi, Ohio)
COMM_NC
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/NC
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueM USD | Operating profitM USD | D&AM USD | EBITDAM USD | Net profitM USD | Operating CFM USD | Capex + M&AM USD | AssetsM USD | EquityM USD | ROE (annualized) | Net debtM USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | OK | 62.8 y/y -4.3% | 11.0 y/y 43.4% | 5.5 y/y -18.9% | 16.5 y/y 14.1% | 8.8 y/y 80.3% | 12.4 | -33.4 | 685.7 y/y 8.1% | 437.1 y/y 6.8% | 8.2% | 54.3 | Link |
| 2025-12-31 | Q4 2025 (3M) | OK | 66.8 y/y -5.2% | 7.6 y/y 95.0% | 6.2 y/y 8.7% | 13.8 y/y 43.7% | -3.8 y/y -150.8% | 11.4 | -14.3 | 661.2 y/y 4.7% | 429.2 y/y 6.0% | 4.1% | 35.8 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 76.6 y/y 24.3% | 6.8 y/y -65.6% | 6.2 y/y -0.9% | 13.0 y/y -50.0% | 13.3 y/y -15.2% | 42.3 | -22.4 | 637.6 y/y 6.7% | 426.4 y/y 7.3% | 4.2% | 5.0 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 68.2 y/y 30.4% | -0.1 y/y -100.7% | 6.1 y/y -13.1% | 6.0 y/y -58.0% | 3.3 y/y -45.4% | -7.8 | -3.1 | 631.3 y/y 12.7% | 413.1 y/y 7.6% | 3.2% | 23.8 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 65.6 y/y 23.0% | 7.7 y/y 61.5% | 6.8 y/y 19.3% | 14.5 y/y 38.5% | 4.9 y/y 7.2% | 5.0 | -8.8 | 634.2 y/y 17.9% | 409.1 y/y 7.2% | 4.8% | 11.7 | Link |
| 2024-12-31 | Q4 2024 (3M) | OK | 70.4 y/y 24.1% | 3.9 y/y 105.8% | 5.7 y/y -28.3% | 9.6 y/y 116.1% | 7.6 y/y 117.2% | 25.2 | -24.0 | 631.7 y/y 17.0% | 404.9 y/y 5.9% | 8.4% | 8.3 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 61.7 y/y 32.5% | 19.7 y/y — | 6.3 y/y -14.6% | 26.0 y/y 2364.4% | 15.6 y/y — | 2.8 | -8.3 | 597.4 y/y 2.8% | 397.3 y/y -7.3% | 5.3% | -18.2 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 52.3 y/y -14.7% | 7.4 y/y 320.9% | 7.0 y/y -1.2% | 14.4 y/y 62.6% | 6.0 y/y 137.0% | 4.1 | -7.9 | 560.1 y/y -2.0% | 384.1 y/y -11.4% | 6.2% | -25.3 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 53.3 y/y 6.3% | 4.8 y/y 162.2% | 5.7 y/y -18.9% | 10.4 y/y 18.3% | 4.6 y/y -19.7% | -9.8 | -14.5 | 538.0 y/y -4.3% | 381.6 y/y -11.6% | 4.8% | -25.5 | Link |
| 2023-12-31 | Q4 2023 (3M) | OK | 56.8 y/y — | -67.4 y/y — | 8.0 y/y — | -59.5 y/y — | -44.0 y/y — | -8.5 | -8.9 | 539.7 y/y — | 382.3 y/y — | -9.8% | -52.8 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 46.5 y/y — | -6.3 y/y — | 7.3 y/y — | 1.1 y/y — | -3.8 y/y — | 39.7 | -23.8 | 580.9 y/y — | 428.4 y/y — | -1.2% | -101.0 | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 61.4 y/y — | 1.8 y/y — | 7.1 y/y — | 8.8 y/y — | 2.5 y/y — | 17.0 | -6.3 | 571.5 y/y — | 433.4 y/y — | 2.3% | -89.9 | Link |
| 2023-03-31 | Q1 2023 (3M) | OK | 50.1 y/y — | 1.8 y/y — | 7.0 y/y — | 8.8 y/y — | 5.7 y/y — | 6.3 | -6.5 | 562.1 y/y — | 431.7 y/y — | — | -84.9 | Link |
| Long-term debt (incl. LT leases) | 107 |
| − Cash & equivalents | 53 |
| Net debt | 54 |
|---|
Net debt / LTM EBITDA: 1.1x
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Current 49spot vs LTM -0%
Target market cap from conservative EBITDA and the historical EV/EBITDA
Upside: -96.9% → +0.0 pp 1d
Main driver: Steam coal US -1% vs LTM; revenue ×1.00 vs costs ×1.04; EBITDA 43→32; at 2.0× EV/EBITDA → -97%.
Product prices — moves vs the LTM average
| Commodity | Share | Spot | LTM | 3-yr | vs LTM, $ | 3y vs LTM |
|---|---|---|---|---|---|---|
| Steam coal US (rev) | +100% | 49.49 | 49.74 | 51.24 | -1% | +3% |
How it is calculated — revenue → costs → EBITDA → target market cap
| 1 · Reported baseline (LTM) | |
| LTM revenue | 274 |
| LTM EBITDA | 43 |
| LTM cash costs (revenue − EBITDA) | 231 |
| 2 · Revenue projection | |
| Revenue multiplier — spot | ×0.995 (-0%) |
| = Spot revenue | 273 |
| Revenue multiplier — 3y price | ×1.030 (+3%) |
| = 3-year-price revenue | 283 |
| 3 · Costs projection | |
| Cost multiplier — spot | ×1.040 (+4%) |
| = Spot cash costs | 241 |
| Cost multiplier — 3y price | ×1.040 (+4%) |
| = 3-year-price cash costs | 241 |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 32 |
| = 3-year-price EBITDA | 42 |
| Conservative EBITDA = min(spot, avg) | 32 |
| 5 · Valuation → target market cap | |
| Historical EV/projected-EBITDA (75th pct) | 2.0x |
| Target EV = EV/EBITDA × conservative EBITDA | 65 |
| Net debt | 54 |
| Target market cap = EV − net debt | 11 |
| Current market cap | 350 |
Upside = target market cap ÷ current − 1 = -96.9%
Projected EV/EBITDA 7.6x · target 75th pct (3y) 0.5x · LTM avg 7.5x
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of NACCO Industries (NC) — from primary filings.
NACCO Industries operates surface coal mines under long-term contracts for power plants and synfuels plants, provides contract mining services for industrial minerals, and leases its mineral and royalty interests to third-party exploration and production companies.