NACCO Industries reports Q3 revenue of $76.6 million and net income of $13.3 million
Reuters
Nov 06
NACCO Industries reports Q3 revenue of $76.6 million and net income of $13.3 million
NACCO Industries reported third-quarter 2025 revenues of $76.6 million, an increase of 24% compared to the same period in 2024. Gross profit rose 38% to $10.0 million. Operating profit was $6.8 million, down from $19.7 million in third-quarter 2024, which included $13.6 million of business interruption insurance income. Net income for the quarter was $13.3 million, compared to $15.6 million in the prior year. The company noted sequential improvements in all three operating segments, with year-over-year gains in the Contract Mining and Minerals and Royalties segments offsetting lower results in Utility Coal Mining and increased unallocated expenses. Increased royalty revenues, mainly from higher natural gas prices, contributed to improved performance in the Minerals and Royalties segment. NACCO continues to focus on long-term growth and stable returns, driven by demand for electricity and industrial minerals.
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