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what it is
NACCO runs coal mines, contract mining, and mineral royalties for industrial customers.
how it gets paid
Last year Nc made $277M in revenue. Utility Coal Mining was the main engine at $0.095B, or 34% of sales.
why it's growing
Revenue grew 16.6% last year on ~$277M. Ignore 175% vs. prior year unless the comp quarter and line item match the filing. Gross margin 12.6%.
what just happened
A quarter near ~$69M (≈¼ of ~$277M FY) fits the annuals—$210M as “one quarter” does not. EPS $2.87 in the feed print.
At a glance
B balance sheet — gets the job done, barely
5/100 earnings predictability — expect surprises
12.8x trailing p/e — the market's not buying it — or you found a deal
2.0% dividend yield — cash in your pocket every quarter
7.3% return on capital — nothing to write home about
xvary composite: 58/100 — below average
What they do
NACCO runs coal mines, contract mining, and mineral royalties for industrial customers.
You are not betting on one mine. You are buying 3 businesses, 1,700 employees, and long-term contracts. The royalty arm leases land rights, so someone else spends the digging money while NC collects rent.
How they make money
$277M
annual revenue · their business grew +16.6% last year
Utility Coal Mining
$0.095B
+18.0%
Activated Carbon Coal
$0.030B
+6.0%
North American Contract Mining
$0.088B
+14.0%
Aggregates and Mineral Services
$0.042B
+10.0%
Minerals Management Royalties
$0.022B
+3.0%
The products that matter
mines coal for utilities
Utility Coal Mining
~$95M · ~34% of ~$277M
matches the segment table: utility coal mining at about $95M of ~$277M total—prior $238M / $166M blocks were inconsistent with the same page.
largest segment
provides mining services
Contract Mining
~$88M · ~32% of ~$277M
North American contract mining ~$88M per the table—new projects matter if growth stays muted.
pipeline watch
collects royalties and manages assets
Minerals Management
~$22M · ~8% of ~$277M
Minerals royalties ~$22M—diversifier, still small vs the whole ~$277M company.
small but growing
Key numbers
$4.55
FY2024 EPS est
That is above the $4.02 trailing EPS from Yahoo. You are paying more for next year's earnings than the last year's run rate.
$277M
annual revenue (FY · feed)
Matches the “last year” line in basics—same period as the segment table. A small miner with a ~$277M top line still lives and dies by a few contracts.
12.8x
trailing P/E
You pay 12.8 times profit here. That is not cheap for a company with a 2.0% yield.
2.0%
dividend yield
You get a small cash payout while you wait. The yield is real, but it is not doing the heavy lifting.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 2 — safer than 80% of stocks
- price stability 30 / 100
- long-term debt $83M (18% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for NC right now.
source: institutional data · return history unavailable
What just happened
beat estimates
Quarterly revenue near ~$69M (≈¼ of ~$277M FY); EPS $2.87 in this feed.
Prior $210M and 175% vs. prior year do not reconcile to the ~$277M annual total. Gross margin 12.6%—still a tight coal/mining cost structure.
~$69M
Q revenue (approx.)
$2.87
eps
12.6%
gross margin
top-line jump
Anchor to 16.6% FY growth and 12.6% gross margin—fix quarter labels before trusting a blowout %.
source: company earnings report, 2026
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What could go wrong
the #1 risk is utility coal pricing and cost inflation.
high
Utility coal pricing disappoints
About 60% of revenue comes from utility coal mining. Management is counting on better per-ton pricing in 2026.
if pricing misses while costs rise, the 6.3% net margin can compress fast
high
The $89M capital plan arrives before the payoff
Management outlined up to $89M of potential 2026 capital spending, heavily aimed at growth projects.
that's roughly 23% of the $388M market cap — big enough that timing and returns matter a lot
med
Contract mining stays flat
This business is about 30% of revenue, or roughly $83M, and the current snapshot describes it as flat.
if customer spending doesn't turn into new work, diversification stays more theory than reality
med
Earnings remain lumpy
A 5/100 earnings predictability score means one-off items and segment swings are part of the package.
low predictability usually keeps valuation multiples low even when one quarter looks better
With about 60% of revenue tied to utility coal and an up to $89M capital plan on a $388M company, small execution misses can have outsized consequences.
source: institutional data · regulatory filings · risk analysis
Pay attention to
metric
utility coal segment pricing
About 60% of revenue sits here. If per-ton pricing improves in 2026, you'll see it in margins before you see it in the story everyone tells about the stock.
calendar
next earnings report
You want to know if the Q4 pattern repeats: better operating profit, cleaner margin profile, and fewer headline-distorting charges.
trend
contract mining pipeline
The current read is flat on roughly $83M of revenue. New work matters because flat segments don't do much for a business trying to grow out of thin margins.
risk
pace of 2026 capital spending
Up to $89M is a serious number for a $388M company. Watch not just how much gets spent, but how quickly management can point to returns.
Analyst rankings
earnings predictability
5 / 100
in human-speak, analysts do not trust this business to deliver smooth, repeatable quarters.
risk rank
2
that suggests lower balance-sheet risk than many stocks, even if the operating results themselves still swing around.
price stability
30 / 100
the stock has moved around plenty. not chaos, not calm.
source: institutional data
Institutional activity
institutional ownership data for NC is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$50
current price
n/a
target midpoint · n/a from current
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