Logo

SXC

SunCoke Energy, Inc.

SXC

SunCoke Energy, Inc. • NYSE
$6.52 ▲ 0.62% (+0.04)
Market Cap $552.02 M
52w High $12.71
52w Low $6.24
Dividend Yield 0.48%
P/E 8.69
Volume 614.13K
Outstanding Shares 84.67M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $487M ▲ $20.7M ▼ $22.2M ▲ 4.559% ▲ $0.259 ▲ $50.8M ▲
Q2-2025 $434.1M ▼ $49.2M ▲ $1.9M ▼ 0.438% ▼ $0.02 ▼ $38.4M ▼
Q1-2025 $436M ▼ $43.5M ▼ $17.3M ▼ 3.968% ▼ $0.2 ▼ $59M ▼
Q4-2024 $486M ▼ $44.2M ▲ $23.7M ▼ 4.877% ▼ $0.28 ▼ $64.3M ▼
Q3-2024 $490.1M $37.7M $30.7M 6.264% $0.36 $75.3M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $80.4M ▼ $1.932B ▲ $1.206B ▲ $695.9M ▲
Q2-2025 $186.2M ▼ $1.641B ▼ $934.4M ▼ $677.7M ▼
Q1-2025 $193.7M ▲ $1.668B ▲ $953.9M ▼ $684.6M ▲
Q4-2024 $189.6M ▲ $1.668B ▲ $957.2M ▼ $680.2M ▲
Q3-2024 $164.7M $1.655B $963.8M $658.6M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $22.2M ▲ $9.2M ▼ $-297.8M ▼ $182.4M ▲ $-105.8M ▼ $-16.3M ▼
Q2-2025 $3.5M ▼ $17.5M ▼ $-12.6M ▼ $-12.4M ▲ $-7.5M ▼ $4.9M ▼
Q1-2025 $19.4M ▼ $25.8M ▼ $-4.6M ▲ $-17.1M ▼ $4.1M ▼ $20.9M ▼
Q4-2024 $25.8M ▼ $60.9M ▼ $-24.7M ▼ $-11.3M ▼ $24.9M ▼ $36.1M ▼
Q3-2024 $30.7M $107.2M $-14.2M $-10.2M $82.8M $92.1M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Coke Sales
Coke Sales
 $440.00M ▲$390.00M ▼$400.00M ▲$400.00M ▲
Industrial Services
Industrial Services
 $0 ▲$0 ▲$0 ▲$60.00M ▲
Operating And Licensing Fees
Operating And Licensing Fees
 $20.00M ▲$10.00M ▼$10.00M ▲$10.00M ▲
Other Products And Services
Other Products And Services
 $0 ▲$0 ▲$0 ▲$0 ▲
Steam And Electricity Sales
Steam And Electricity Sales
 $20.00M ▲$10.00M ▼$10.00M ▲$10.00M ▲
Coal Logistics
Coal Logistics
 $0 ▲$50.00M ▲$50.00M ▲$0 ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has climbed from its low point a few years ago and then flattened out more recently, with a small pullback in the latest year. Profitability has been consistently positive, with steady gross and operating profits rather than rapid growth. Net income has moved around a bit from year to year but remains clearly in the black, and earnings per share have generally trended upward over the five‑year period. Overall, this looks like a mature, reasonably stable earnings profile tied closely to steel industry demand, not a high‑growth story.

Balance Sheet

Balance Sheet The balance sheet looks gradually stronger over time. Total assets have been stable, while shareholder equity has steadily increased, which suggests retained earnings and an improving capital base. Debt has been worked down from earlier levels and now sits at a more moderate level relative to the size of the business. Cash on hand has also built up compared with a few years ago. In plain terms, the company appears to have de‑risked its finances and given itself more flexibility, though it still carries meaningful leverage as is typical for heavy industrial businesses.

Cash Flow

Cash Flow Cash generation is a relative bright spot. Operating cash flow has been solid and consistently positive each year, and free cash flow has also stayed positive after funding regular capital spending. Investment needs appear manageable, and the company has been able to both invest in its assets and still have cash left over for debt reduction or other uses. The only watch point is that operating cash flow dipped in the most recent year versus the prior peak, so sustainability through the full steel cycle remains important to monitor.

Competitive Edge

Competitive Edge SunCoke holds a specialized and defensible niche as a major independent producer of metallurgical coke in the Americas, with technology and scale that are not easy to replicate. Its heat‑recovery cokemaking process, energy co‑generation, and environmental advantages give it a clear edge over older plants. Long‑term, take‑or‑pay contracts with large steelmakers provide revenue visibility and help shield it from swings in coal prices, though they also create customer concentration risk. Its logistics network adds another layer of stickiness and service depth. The main structural risks are the cyclical nature of steel, potential regulatory pressure on coal‑related activities, and long‑term shifts toward alternative steelmaking routes.

Innovation and R&D

Innovation and R&D Innovation here is mostly about process and integration rather than flashy new products. SunCoke’s core technology focuses on cleaner, more efficient cokemaking and energy recovery, which aligns reasonably well with industry decarbonization pressures. The company appears committed to incremental improvements that lower emissions and operating costs. Strategically, the recent acquisition of Phoenix Global extends SunCoke into on‑site steel mill services and broadens its reach into electric arc furnace steelmaking, which is a growing segment. Execution risk around integration, cross‑selling, and maintaining margins is real, but if managed well, this move can diversify earnings away from pure cokemaking and logistics.

Summary

SunCoke looks like a financially steady, niche industrial player anchored in the steel value chain. Earnings and cash flow have been consistently positive, with modest improvement over time rather than rapid growth, and the balance sheet has been gradually strengthened through lower debt and higher equity. The company’s technological edge, long‑term customer contracts, and logistics capabilities create a meaningful competitive moat, but they sit within a cyclical and environmentally sensitive sector. Its push into mill services and ongoing process innovation offer diversification and some alignment with the steel industry’s shift toward cleaner production. Future performance will hinge on steel demand cycles, contract renewals, regulatory developments, and how well SunCoke executes on integration and further growth initiatives.

NEWS

November 18, 2025 · 4:30 PM UTC

SunCoke Energy, Inc. Announces Haverhill Cokemaking Agreement

Read more

November 4, 2025 · 7:00 AM UTC

SunCoke Energy, Inc. Reports Third Quarter 2025 Results

Read more

November 4, 2025 · 6:55 AM UTC

SunCoke Energy, Inc. Declares Cash Dividend

Read more

October 28, 2025 · 6:00 AM UTC

SunCoke Energy, Inc. Announces Third Quarter 2025 Earnings Date

Read more