SunCoke Q4 Revenue at $480.2M, Excellent Safety Performance
Reports Q4 revenue $480.2M vs. $486M last year. "We are pleased with the SunCoke team's execution on our operational plan, including our safety performance in 2025. SunCoke achieved an excellent annual Total Recordable Incident Rate of 0.55, excluding Phoenix Global. This represents best-in-class performance and I would like to thank the team for their dedication and commitment. We also made significant progress on our capital allocation goals, with the acquisition of Phoenix Global and the continuation of our quarterly dividend," said Katherine Gates, president and CEO of SunCoke Energy, Inc. "Our fourth quarter and full-year results, when compared to prior year periods, were impacted by the closure of our Haverhill I facility, resulting in a non-cash asset impairment charge, the breach of contract by Algoma, lower Granite City contract extension economics, and the change in mix of contract and spot coke sales. In our Industrial Services segment, Phoenix Global performed in line with our expectations, while weak market conditions persisted throughout the year, impacting our terminals handling volumes."
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- Management Changes: SunCoke Energy announced the retirement of CFO Mark Marinko, with Shantanu Agrawal appointed as his successor, ensuring continuity in financial discipline and operational focus, which reflects the company's stability during executive transitions.
- Financial Performance: SunCoke reported consolidated adjusted EBITDA of $219.2 million for 2025, impacted by the integration of Phoenix Global, but overall performance was affected by lower terminal handling volumes and changes in contract economics, highlighting challenges in the market environment.
- Contract Extensions: SunCoke extended its Granite City contract with U.S. Steel through December 2026 and Haverhill II with Cleveland-Cliffs through December 2028, maintaining similar economic terms to prior agreements, which ensures revenue stability for the future.
- Future Outlook: The company expects consolidated adjusted EBITDA between $230 million and $250 million in 2026, with the Domestic Coke segment projected to deliver sales of approximately 3.4 million tons, demonstrating confidence in market recovery and ongoing growth potential.
- Earnings Report: SunCoke Energy's Q4 2025 EPS of -$1.00 significantly underperformed against the consensus of $0.10, primarily due to one-time items totaling $95.7 million, resulting in a net loss of $72.7 million after tax, indicating challenges in financial management.
- Revenue Performance: The company reported Q4 revenue of $480.2 million, a slight decline of 1.2% year-over-year, yet it exceeded market expectations by $42.75 million, demonstrating resilience in sales capabilities despite ongoing difficulties.
- 2026 Guidance: SunCoke anticipates consolidated adjusted EBITDA for 2026 to range between $230 million and $250 million, with domestic coke sales projected at approximately 3.4 million tons, reflecting a cautiously optimistic outlook on future market demand.
- Capital Expenditures and Cash Flow: Projected capital expenditures for 2026 are expected to be between $90 million and $100 million, while operating cash flow is estimated to be between $230 million and $250 million, showcasing a balanced strategy in investment and cash flow management.
- Earnings Announcement Date: SunCoke Energy is set to announce its Q4 2023 earnings on February 16 before market open, with a consensus EPS estimate of $0.10, reflecting a significant year-over-year decline of 64.3%, indicating pressure on profitability.
- Revenue Expectations Decline: The anticipated revenue for Q4 is $437.45 million, down 10.0% year-over-year, which highlights weak market demand and industry challenges that could negatively impact the company's financial health moving forward.
- Historical Performance Metrics: Over the past year, SunCoke has beaten EPS estimates 75% of the time and revenue estimates 100% of the time, although the current expectations suggest a notable decline in profitability that may affect investor confidence.
- Management Changes: SunCoke Energy has appointed Shantanu Agrawal as CFO, a move that could bring new financial strategies to address current market challenges and improve financial performance.
- Dividend Declaration: SunCoke Energy announced a cash dividend of $0.12 per share to be paid on March 2, 2026, to stockholders of record as of February 17, 2026, aimed at rewarding shareholders and boosting investor confidence.
- Long-term Contract Sales: The company primarily supplies high-quality coke to domestic and international customers under long-term, take-or-pay contracts, ensuring stable revenue streams and mitigating market volatility risks.
- Innovative Technology Utilization: SunCoke employs innovative heat-recovery technology that not only enhances production efficiency but also captures excess heat for steam or electricity generation, further improving the company's sustainability profile.
- Robust Logistics Capacity: The company's logistics terminals have the capacity to mix and transload over 40 million tons of material annually, strategically located to serve the East Coast, Gulf Coast, Great Lakes, and international ports, ensuring efficient supply chain management.
- Cash Dividend Announcement: SunCoke Energy has declared a cash dividend of $0.12 per share to be paid on March 2, 2026, to stockholders of record as of February 17, 2026, aimed at rewarding shareholders and boosting investor confidence.
- Long-Term Contract Sales: The company primarily sells high-quality coke to domestic and international customers under long-term take-or-pay contracts, ensuring stable revenue streams and mitigating market volatility risks.
- Innovative Technology Utilization: Leveraging over 60 years of cokemaking experience and innovative heat-recovery technology, SunCoke not only enhances production efficiency but also captures excess heat for steam or electricity generation, furthering its sustainability efforts.
- Robust Logistics Capacity: The company's logistics terminals have the capacity to mix and transload over 40 million tons of material annually, strategically located to cover the Gulf Coast, East Coast, and Great Lakes, ensuring efficient market reach and customer service capabilities.
- Earnings Release Plan: SunCoke Energy plans to release its Q4 2025 financial results and 2026 guidance on February 17, 2026, before market opens, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: The quarterly earnings call is scheduled for 11:00 AM ET on the same day, allowing investors to dial in and participate, thereby enhancing engagement with stakeholders.
- High-Quality Coke Supply: SunCoke Energy supplies high-quality coke for domestic and international customers, primarily for steel production, with most sales under long-term contracts, ensuring revenue stability.
- Logistics Capacity: The company's logistics terminals have the capacity to handle over 40 million tons of material annually, strategically located to effectively serve the U.S. East Coast, Gulf Coast, and international markets, enhancing competitive positioning.








