newsfilter
← Latest News
Business Wire·

Suncoke Energy, Inc. Announces 2025 Results and Provides Full-Year 2026 Guidance

  • SunCoke Energy reported a full-year 2025 net loss of $44.2 million ($0.52 per diluted share) & a fourth-quarter 2025 net loss of $85.6 million ($1.00 per diluted share).
  • Full-year 2025 net loss included unfavorable one-time items totaling $109.3 million ($83.1 million net of tax), while fourth-quarter 2025 included one-time items of $95.7 million ($72.7 million net of tax).
  • Consolidated Adjusted EBITDA for full-year 2025 was $219.2 million, compared to $56.7 million in the fourth quarter.
  • Operating cash flow for the full-year 2025 totaled $109.1 million.
  • The company extended its Granite City coke supply agreement with U.S. Steel through December 2026 & its Haverhill II agreement with Cleveland-Cliffs through December 2028.
  • Key financial drivers for 2025 losses included the closure of the Haverhill I facility, a breach of contract by Algoma, lower Granite City contract extension economics, & a shift in the mix of contract vs. spot coke sales.
  • Domestic Coke segment revenues decreased due to lower volumes from the Algoma breach, lower pricing, & the change in sales mix.
  • Industrial Services segment revenues & Adjusted EBITDA increased primarily due to the acquisition of Phoenix Global, despite lower terminal handling volumes.
  • 2026 guidance projects consolidated Adjusted EBITDA between $230 million & $250 million, with consolidated net income expected between $25 million & $43 million.
  • SunCoke expects full utilization of its optimized coke fleet in 2026, with revised domestic production capacity of approximately 3.7 million tons & total sales of approximately 3.4 million tons.
  • Capital expenditures for 2026 are projected between $90 million & $100 million, with operating cash flow estimated between $230 million & $250 million.
  • The company plans to use excess 2026 cash flow to pay down debt, continue quarterly dividends, & assess growth opportunities.