NACCO Industries Inc (NC) company profile
Close on Nov 13, 2026Market cap $261.19MP/E 17.6Yield 2.85%
About NACCO Industries
Bituminous Coal & Lignite Surface Mining, SIC 1221
NACCO Industries, Inc. is a natural resource company that operates through three primary segments: Utility Coal Mining, Contract Mining, and Minerals and Royalties. The company mines lignite coal to fuel power plants and synfuels facilities, delivers contract mining and dragline services for quarrying operations, and manages oil, natural gas, and coal mineral and royalty holdings. It also provides stream and wetland environmental mitigation solutions and develops energy infrastructure projects. The company serves power generation facilities, electric utilities, aggregates and limestone producers, construction firms, and oil and gas producers.
The company conducts its operations exclusively within the United States. Its active coal mines are located in North Dakota and Mississippi, while its contract mining segment works at quarries across Florida, Arkansas, and Nebraska, with planned expansion into Arizona and lithium mining services in Nevada. Additional royalty assets, restoration projects, and energy developments span states including Texas, Ohio, Pennsylvania, Louisiana, and Alabama. The text does not disclose the location of the company's headquarters.
Summary of the business section of NACCO Industries's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NACCO Industries Inc
- Founded
- 1913
- Headquarters
- Cleveland, OH
- Address
- 22901 Millcreek Blvd, Suite 600 44122
- Phone
- (216) 308-1151
- Website
- www.nacco.com
- Employees
- 1,700, Dec 31, 2025
- Industry
- Bituminous Coal & Lignite Surface Mining
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Cleveland, Ohio
Stock & identifiers
- Ticker
- NC
- Exchange
- NYSE
- IPO date
- Jun 17, 1977
- Shares outstanding
- 8M, Jul 31, 2026
- Public float
- $118.56M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 3-for-2, Jul 16, 1986; 2-for-1, Jun 9, 1986; 2-for-1, Jun 20, 1977
- SEC CIK
- 789933
- CUSIP
- 629579103
- ISIN
- US6295791031
- FIGI
- BBG000BPTTM2
- Share class FIGI
- BBG001S5TJT1
- EIN
- 34-1505819
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| John P. Jumper | Non-Executive Chairman, Director | 68,097 |
| John C. Butler Jr | President & CEO, Director | 506,730 |
| Elizabeth Loveman | SVP and Controller | 14,999 |
| Thomas A. Maxwell | SVP Finance and Treasurer | 5,944 |
| Carroll L. Dewing | Subsidiary Officer | 50,285 |
| John D. Neumann | SVP, Gen. Counsel & Sec'y | 43,708 |
| John Patrick Sullivan Jr. | Officer of a subsidiary | 41,274 |
| John S. Dalrymple Iii | Director | 26,968 |
| Britton T. Taplin | Director | 330,273 |
| Dennis W. Labarre | Director | 45,616 |
| Robert S. Shapard | Director | 19,413 |
| Alfred M. Et Al Rankin | Director | 503,492 |
| Matthew M. Rankin | Director | 68,713 |
| William Paul McDonald | Director | 8,362 |
| Valerie Gentile Sachs | Director | 11,684 |
| Michael Sidney Miller | Director | 28,984 |
| Patrick Joseph (2026) Burns | Director | 310 |
| Lori Jean Robinson | Director | 18,940 |
| Roger F. Rankin | Director | 469,966 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $5.11M | $4.79M | $1.20M | $40 | – |
| FY2024 | $4.96M | $4.83M | $1.17M | $-17 | – |
| FY2023 | $4.30M | $4.40M | $1.05M | $-2 | – |
| FY2022 | $5.34M | $5.31M | $1.21M | $107 | – |
| FY2021 | $4.14M | $4.46M | $1.01M | $142 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| J.C. Butler, Jr. President and CEO | $945.03K | $169.30K | $2.26M | $1.48M | $255.09K | $5.11M | +3% |
| Carroll L. Dewing Senior Vice President, Operations | $443.85K | – | $359.08K | $295.20K | $161.96K | $1.26M | +3% |
| John D. Neumann Senior Vice President, General Counsel and Secretary | $436.57K | – | $308.15K | $269.78K | $130.77K | $1.15M | +1% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 1,700 employees, including approximately 1,100 employees at our unconsolidated mining operations.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 10, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 7, 2018 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 5, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 4, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 12, 2005 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 5, 2003 | Merger | Registration of securities for a merger or exchange offer (S-4) |
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