Flagship explainer

How NACCO INDUSTRIES, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$277M · 100%Cost of revenue$239M · 86%Gross profit$38.5M · 14%Operating income$22M · 8%Income before tax$13.1M · 5%Income tax−$4.4M · −2%Net income$17.6M · 6%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$277M100%
Cost of revenue$239M86%
$38.5M14%
$22M8%
Income before tax$13.1M5%
Income tax−$4.4M−2%
$17.6M6%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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