SunCoke Energy, Inc. has reported its fourth quarter and full-year 2025 results, as well as provided guidance for 2026. The company's net loss attributable to SXC was $44.2 million, or $0.52 per diluted share, for the full-year 2025, and $85.6 million, or $1.00 per diluted share, in the fourth quarter of 2025. The net loss was impacted by unfavorable one-time items totaling $109.3 million for the full-year 2025 and $95.7 million in the fourth quarter 2025.
The consolidated adjusted EBITDA for the full-year 2025 was $219.2 million, with the fourth quarter 2025 consolidated adjusted EBITDA at $56.7 million. Operating cash flow was $109.1 million for the full-year 2025. The company extended its Granite City coke supply agreement with U.S. Steel through December 2026 and its Haverhill II coke supply agreement with Cleveland-Cliffs through December 2028.
Comparing the results to the prior year periods, revenues decreased during both the fourth quarter and full-year 2025, primarily due to lower pricing and volumes resulting from the change in mix of contract and spot coke sales, lower contract extension economics at Granite City, and lower coke sales volumes due to the breach of contract by Algoma in the domestic coke segment.
SunCoke Energy's domestic coke segment saw a decrease in revenues and adjusted EBITDA for both the fourth quarter and full-year 2025, primarily driven by lower pricing and volumes due to the change in mix of contract and spot coke sales, as well as lower contract extension economics at Granite City, and lower volumes due to the breach of contract by Algoma.
In the industrial services segment, revenues and adjusted EBITDA for the fourth quarter and full-year 2025 increased compared to the prior year periods, primarily driven by the addition of Phoenix Global, partially offset by lower terminals handling volumes due to market conditions.
Looking ahead to 2026, SunCoke Energy expects its consolidated net income to be between $25 million and $43 million, with consolidated adjusted EBITDA expected to be between $230 million and $250 million. The company also projects capital expenditures to be between $90 million and $100 million, operating cash flow between $230 million and $250 million, and net cash tax receipts to be between $8 million and $12 million.
SunCoke Energy, Inc. will host its quarterly earnings call on February 17, 2026, to provide further insights into its performance and future outlook. Following these announcements, the company's shares moved -4.12%, and are now trading at a price of $7.91. For more information, read the company's full 8-K submission here.
