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Suncoke Energy, Inc. (SXC) stock

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NYSE: SXC NYSE Steel Next results ~February 16, 2027

C Fundamentals grade

Suncoke Energy, Inc. is a US-listed company in the steel industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$13

Cash-flow model

Base case. Range ~$8.0–$20 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 14% below our base value.

Price used: $11.19, November 2, 2026

Suncoke Energy, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders4 buying, 0 selling9 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds126 adding, 97 cuttingOf 51 active managers that changed their stake, 26 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Suncoke Energy files

10-Q filed October 27: Suncoke Energy

Revenue for the twelve months to September 2026 was $1.90bn, up 2.9% on a year earlier, about the same pace as a quarter earlier. That puts it 10 of 10 for growth among the steel companies we cover. Free-cash-flow margin rose to 6.3% from 2.5% a year earlier. Operating margin narrowed to -1.3% from 4.8%. Our cash-flow model value is $13.06 a share, against a share price of $10.88. The rating stays Hold. At that price, our model says the market is pricing in cash flow shrinking about 0.5% a year for five years, slower than the 5.4% a year revenue growth it has delivered.

Source: 10-Q filed October 27, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 30: Suncoke Energy

Revenue for the twelve months to June 2026 reached $1.90bn, a gain of 2.9% on the prior year. That pace held broadly steady against the figure a quarter earlier. Among the steel companies we cover, Suncoke now ranks 9 of 9 for growth, so every name in the group is expanding. Cash generation improved too, with the free-cash-flow margin climbing to 6.3% from 2.5% a year earlier. Less encouraging was the operating margin, which turned negative at -1.3%, down from 4.8% a year earlier. The contrast between stronger cash conversion and a weaker operating result is the detail worth watching here.

10-Q on SEC EDGAR

Where Suncoke Energy stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.90bn, up 2.8% on a year earlier, against a decline of 1.4% a quarter earlier. That puts it 9 of 9 for growth among the steel companies we cover. Free-cash-flow margin fell to 1.5% from 8.3% a year earlier. Operating margin narrowed to -2.7% from 6.6%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 7 financial-health checks.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 16, 2027 (estimated)

Suncoke Energy, Inc.'s trailing-twelve-month revenue grew 2.9% year on year, with a free-cash-flow margin of 6.3%. Where it stands out: free-cash-flow margin of 6.3% ranks 2 of 15 steel companies we cover. Where it lags: net margin of -2.9% ranks 14 of 15 steel companies we cover.

Our discounted-cash-flow model values the business at ~$13 per share in the base case (~$8.0–$20 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 145% in the quarter to 2026-09-30, the 2nd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Suncoke Energy, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Loss-making. Operating margin is -1.3%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 6.1 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 45% and a beta of 0.6 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 34.7% ranks 11 of 12 steel companies we cover (median 18.5%).
  • Below peers: change in growth rate. Change in growth rate of +0.1pp ranks 12 of 15 steel companies we cover (median +4.9pp).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 27, 2026
Earnings per share
$0.27 against an average estimate of $0.11: beat by 144.7%
Revenue
$486m, down 0.2% on a year earlier
Share reaction
+8.4% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Next report
October 27, 2026; average EPS estimate $0.10

Suncoke Energy's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.2%
  • 1 week+14.1%
  • 1 month+13.0%
  • This year+62.3%
  • 1 year+48.5%
  • 5 years+103.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.9B
Operating margin
-1.3%
Net margin
-2.9%
EPS (TTM, diluted)
$-0.64

Growth

Revenue growth
+2.9%
Change in growth rate
+0.1 pts
Share count change
+0.1%

Cash

Free cash flow (TTM)
$119M
FCF margin
6.3%
Stock pay % of revenue
0.2%

Earnings

Last results
October 27, 2026
Next results (est.)
February 16, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Our research
  3. Our research
  4. Leadership
  5. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Suncoke Energy, Inc. valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 0.4% a year for five years.That is slower than the 5.4% a year revenue growth Suncoke Energy has delivered.

  • Priced in-0.4%
  • Last 12 months2.9%
  • 3 years a year-2.7%
  • 5 years a year5.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($10.99, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$13
Price used
$10.99close November 3, 2026
Implied change
▲ +18%
Uncertainty
High

How we got here: a discounted-cash-flow model of Suncoke Energy, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($106M, FY2026 Q3 TTM), growing 0.4% and 1.2% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$8.0–~$20 ; that spread sets a 35% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Suncoke Energy, Inc.'s free cash flow after stock-based pay ( $106M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Suncoke Energy, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.97 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$13 ~$8.0–$20 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$6.5 ~$4.9–$8.7 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$6.2 ~$5.4–$7.3 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$9.7 ~$6.2–$13 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Suncoke Energy, Inc. with Steel in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −32%
  • Revenue growth 5 points higher ▲ +42%
  • Free-cash-flow margin 1 point lower ▼ −16%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −18%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $11$17$26$37$51$70
8.5% $7$11$17$25$36$49
10% $4$8$13$19$26$36

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$2.49$8.14$8.61$6.14$4.53$3.36$5.27$7.16$9.29$9.66$6.89$11.19
Market value$162m$524m$561m$402m$348m$280m$441m$606m$789m$824m$589m$959m
+ Net debt (− = net cash)$880m$724m$767m$713m$703m$642m$563m$454m$360m$310m$604m$549m
Enterprise value$1.0bn$1.2bn$1.3bn$1.1bn$1.1bn$922m$1.0bn$1.1bn$1.1bn$1.1bn$1.2bn$1.5bn
Multiples
Price / sales 0.1x0.4x0.4x0.3x0.2x0.2x0.3x0.3x0.4x0.4x0.3x0.5x
Price / earnings —36.4x4.6x15.3x—75.5x10.2x6.0x13.7x8.6x——
Price / free cash flow 2.5x3.4x7.7x4.7x4.8x3.3x3.3x4.5x5.6x8.6x13.9x8.0x
EV / EBITDA 5.5x5.9x5.7x4.3x—4.5x3.6x3.6x4.3x4.2x10.9x9.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

42 /100

Weak moat

How hard Suncoke Energy's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 5 / 20

    Cash operating profit has been a median 5.0% of total assets over 8 years.

  • Pricing power 8 / 20

    Gross margin has been a median 12.7%, moving by 1.9 percentage points (standard deviation) across 9 years.

  • Durability 1 / 20

    Operating margin has been a median 6.6%; its worst year was -8.8%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 10 of 10 years, at a median 6.4% of revenue.

  • Discipline 16 / 20

    The diluted share count rose 2.8% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.32 +90% $1.9bn +5%
Next $0.29 −9% $1.8bn −4%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +60.0% on 90 days ago. In the last 30 days, 0 analysts raised Suncoke Energy, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Suncoke Energy, Inc., last 90 days
−$0.20 $0.00 $0.20 $0.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.20 Current fiscal year, 60 days ago: $0.20 Current fiscal year, 30 days ago: $0.20 Current fiscal year, 7 days ago: $0.20 Current fiscal year, Now: $0.32 $0.32 Next fiscal year, 90 days ago: −$0.19 Next fiscal year, 60 days ago: −$0.19 Next fiscal year, 30 days ago: −$0.19 Next fiscal year, 7 days ago: −$0.19 Next fiscal year, Now: $0.29 $0.29

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.20−$0.19
60 days ago $0.20−$0.19
30 days ago $0.20−$0.19
7 days ago $0.20−$0.19
Now $0.32$0.29

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.11 $0.27 +144.7%
Jun 2026 $0.08 $0.16 +98.9%
Mar 2026 $0.08 $0.02 −81.1%
Dec 2025 $0.10 −$0.11 −208.3%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Suncoke Energy, Inc.'s revenue by +0.4% next year and +1.2% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-1.5%, weight 45%) and the company's own record (+2.0%, weight 55%) . How the weights are set.

Analyst recommendations

2 analysts, Oct 2026
Buy150%
Hold150%
Sell00%

Monthly trend

  1. Oct 2026112
  2. Sep 2026112
  3. Aug 2026112

Counts of recommendations published by analysts covering Suncoke Energy, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.9%
of tradable shares
Days to cover
3.17
at average volume
Short interest, 1 month
−15%
to October 15, 2026
Held by institutions
94%
of shares
Held by insiders
1.1%
of shares
Employees
2,477
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +48.5%

$7.53 on October 31, 2025 to $11.19

ThenNowEffect
Revenue (last 12 months) $1.8bn $1.9bn +2.8%
P/S multiple 0.3x 0.5x +44.7%
Share count 85m 86m −0.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +42.7%

$7.84 on November 3, 2023 to $11.19

ThenNowEffect
Revenue (last 12 months) $2.1bn $1.9bn −7.6%
P/S multiple 0.3x 0.5x +55.7%
Share count 85m 86m −0.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
SXC+57%+36%+30%+4%−29%+62%
Industry peers (median)+76%+17%+29%−15%+38%+22%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SXC58%58%58%50%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SXC−23%−40%−33%−33%−38%−32%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 81% from June 14, 2018 to May 15, 2020. Getting back needed a 436% gain, reached on July 31, 2024, 1538 days after the low.

Price behaviour

52-week range
$5.51 – $11.33
From 52-week high
−1.2%
vs 50-day average
+11.7%
vs 200-day average
+37.0%
Volatility (1 year)
45%
Beta vs S&P 500
0.58

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 8 down
typical move ±8.8%
After a week
4 up, 7 down
typical move ±14.1%
After a month
5 up, 6 down
typical move ±18.0%
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 +8.4% +0.9% — —
July 30, 2026 −9.4% +2.4% +2.6% +10.0%
April 30, 2026 +4.2% +1.3% +9.4% +42.7%
February 17, 2026 −13.3% +0.7% −26.9% −23.1%
November 4, 2025 −15.7% −0.8% −17.4% −16.5%
July 30, 2025 −10.7% −0.5% −12.2% −6.9%
April 30, 2025 −7.1% +0.7% −10.7% −15.8%
January 30, 2025 −5.7% 0.0% −3.7% −9.1%
October 31, 2024 +13.9% −1.5% +43.0% +47.8%
July 31, 2024 −4.6% +0.2% −19.6% −16.5%
May 1, 2024 −1.7% +0.6% 0.0% +3.3%
February 1, 2024 +11.1% +2.4% +9.1% +6.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Suncoke Energy, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Suncoke Energy, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Suncoke Energy, Inc.
$1.8B $1.9B $2B $2.1B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $2.1B Revenue (TTM), FY24 Q1: $2.1B Revenue (TTM), FY24 Q2: $2B Revenue (TTM), FY24 Q3: $2B Revenue (TTM), FY24 Q4: $1.9B Revenue (TTM), FY25 Q1: $1.9B Revenue (TTM), FY25 Q2: $1.8B Revenue (TTM), FY25 Q3: $1.8B Revenue (TTM), FY25 Q4: $1.8B Revenue (TTM), FY26 Q1: $1.9B Revenue (TTM), FY26 Q2: $1.9B Revenue (TTM), FY26 Q3: $1.9B $1.9B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $2.1B
FY24 Q1 $2.1B
FY24 Q2 $2B
FY24 Q3 $2B
FY24 Q4 $1.9B
FY25 Q1 $1.9B
FY25 Q2 $1.8B
FY25 Q3 $1.8B
FY25 Q4 $1.8B
FY26 Q1 $1.9B
FY26 Q2 $1.9B
FY26 Q3 $1.9B
Revenue growth, TTM YoY Suncoke Energy, Inc.
-10% -5% 0% 5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 4.6% Revenue growth, TTM YoY, FY24 Q1: 2.1% Revenue growth, TTM YoY, FY24 Q2: -2.6% Revenue growth, TTM YoY, FY24 Q3: -4.2% Revenue growth, TTM YoY, FY24 Q4: -6.2% Revenue growth, TTM YoY, FY25 Q1: -8.8% Revenue growth, TTM YoY, FY25 Q2: -7.7% Revenue growth, TTM YoY, FY25 Q3: -6.4% Revenue growth, TTM YoY, FY25 Q4: -5.1% Revenue growth, TTM YoY, FY26 Q1: -1.4% Revenue growth, TTM YoY, FY26 Q2: 2.8% Revenue growth, TTM YoY, FY26 Q3: 2.9% 2.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 4.6%
FY24 Q1 2.1%
FY24 Q2 -2.6%
FY24 Q3 -4.2%
FY24 Q4 -6.2%
FY25 Q1 -8.8%
FY25 Q2 -7.7%
FY25 Q3 -6.4%
FY25 Q4 -5.1%
FY26 Q1 -1.4%
FY26 Q2 2.8%
FY26 Q3 2.9%
Operating margin (TTM) Suncoke Energy, Inc.
-5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 6.1% Operating margin (TTM), FY24 Q1: 6.2% Operating margin (TTM), FY24 Q2: 6.3% Operating margin (TTM), FY24 Q3: 7.2% Operating margin (TTM), FY24 Q4: 7.8% Operating margin (TTM), FY25 Q1: 7.8% Operating margin (TTM), FY25 Q2: 6.6% Operating margin (TTM), FY25 Q3: 4.8% Operating margin (TTM), FY25 Q4: -2.4% Operating margin (TTM), FY26 Q1: -3.8% Operating margin (TTM), FY26 Q2: -2.7% Operating margin (TTM), FY26 Q3: -1.3% -1.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 6.1%
FY24 Q1 6.2%
FY24 Q2 6.3%
FY24 Q3 7.2%
FY24 Q4 7.8%
FY25 Q1 7.8%
FY25 Q2 6.6%
FY25 Q3 4.8%
FY25 Q4 -2.4%
FY26 Q1 -3.8%
FY26 Q2 -2.7%
FY26 Q3 -1.3%
FCF margin (TTM) Suncoke Energy, Inc.
0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 6.8% FCF margin (TTM), FY24 Q1: 6.1% FCF margin (TTM), FY24 Q2: 2.9% FCF margin (TTM), FY24 Q3: 4.6% FCF margin (TTM), FY24 Q4: 5.0% FCF margin (TTM), FY25 Q1: 6.5% FCF margin (TTM), FY25 Q2: 8.3% FCF margin (TTM), FY25 Q3: 2.5% FCF margin (TTM), FY25 Q4: 2.3% FCF margin (TTM), FY26 Q1: 4.2% FCF margin (TTM), FY26 Q2: 1.5% FCF margin (TTM), FY26 Q3: 6.3% 6.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 6.8%
FY24 Q1 6.1%
FY24 Q2 2.9%
FY24 Q3 4.6%
FY24 Q4 5.0%
FY25 Q1 6.5%
FY25 Q2 8.3%
FY25 Q3 2.5%
FY25 Q4 2.3%
FY26 Q1 4.2%
FY26 Q2 1.5%
FY26 Q3 6.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 1,145 1,327 1,539 1,865 1,648 1,504 1,363 1,223 1,332 1,451 1,600 1,333 1,456 1,973 2,063 1,935 1,837 1,897
EBITDA 244 222 126 213 207 44 189 212 232 260 −1 203 275 296 268 271 109 162
Operating income 212 174 68 148 111 −62 80 98 104 119 −144 70 142 154 125 152 −44 −24
Net income 190 139 61 99 25 −126 −22 14 122 26 −152 4 43 101 58 96 −44 −55
Diluted EPS $2.71 $1.99 $0.87 $1.40 $0.36 −$1.83 −$0.34 $0.22 $1.88 $0.40 −$1.98 $0.04 $0.52 $1.19 $0.68 $1.12 −$0.52 −$0.64
Growth (year on year)
Revenue — +15.9% +16.0% +21.2% −11.6% −8.7% −9.4% −10.2% +8.8% +9.0% +10.3% −16.7% +9.2% +35.5% +4.6% −6.2% −5.1% +2.9%
EBITDA — −8.8% −43.4% +68.9% −2.5% −78.8% +330.3% +12.3% +9.6% +12.0% −100.2% — +35.4% +7.6% −9.6% +1.1% −59.7% −23.8%
Operating income — −17.7% −61.3% +118.7% −24.6% −156.1% — +22.7% +6.4% +13.9% −221.6% — +103.0% +8.6% −18.6% +21.4% −129.2% −126.8%
Net income — −26.6% −56.5% +63.0% −74.7% — — — — −78.6% — — — +132.0% −42.9% +66.8% −146.1% −184.6%
Diluted EPS — −26.6% −56.3% +60.9% −74.3% — — — — −78.7% — — — +128.8% −42.9% +64.7% −146.4% −184.5%
Margins
EBITDA margin 21.3% 16.8% 8.2% 11.4% 12.6% 2.9% 13.9% 17.3% 17.5% 17.9% −0.0% 15.3% 18.9% 15.0% 13.0% 14.0% 5.9% 8.5%
Operating margin 18.5% 13.1% 4.4% 7.9% 6.8% −4.1% 5.9% 8.0% 7.8% 8.2% −9.0% 5.2% 9.7% 7.8% 6.1% 7.8% −2.4% −1.3%
Net margin 16.6% 10.5% 3.9% 5.3% 1.5% −8.4% −1.6% 1.2% 9.2% 1.8% −9.5% 0.3% 3.0% 5.1% 2.8% 5.0% −2.4% −2.9%
Free-cash-flow margin −2.4% 38.6% −8.9% 8.1% 0.3% −0.9% 4.8% 12.7% 5.5% 5.9% 4.5% 6.3% 9.2% 6.8% 6.8% 5.0% 2.3% 6.3%
Cash flow
Cash from operations 187 297 101 206 151 112 141 219 149 186 182 158 233 209 249 169 109 197
Capital spending 215 −216 238 54 146 125 76 64 76 100 110 74 99 76 109 73 67 78
Free cash flow −28 512 −137 152 6 −13 65 155 73 86 72 84 135 133 140 96 42 119
Stock-based pay — — 2 7 8 10 7 7 5 3 5 4 6 7 5 4 2 5
Free cash flow after stock pay — — −139 145 −2 −23 58 149 68 82 67 80 128 127 135 92 40 115
Balance sheet
Cash 3 40 128 239 234 139 123 134 120 146 97 48 64 90 140 190 89 58
Total debt 0 0 726 727 730 640 1,004 858 887 859 801 691 627 544 500 500 693 607
Net debt (negative = net cash) −3 −40 599 488 497 501 880 724 767 713 703 642 563 454 360 310 604 549
Diluted shares 70m 70m 70m 70m 70m 69m 65m 64m 65m 66m 77m 83m 84m 85m 85m 85m 86m 86m
Returned to shareholders
Dividends — — — 0 0 4 28 0 0 0 5 20 20 24 31 38 41 41
Buybacks — — — 9 11 85 36 0 0 0 36 7 0 0 — — — —
Total returned — — — 9 11 89 64 0 0 0 41 27 20 24 31 38 41 41

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 7 checks passed · September 30, 2026
What it owns · $1.7bn
Short-term assets $473mLonger-term assets $1.3bn
What it owes, and who funded it · $1.7bn
Short-term liabilities $233mLonger-term liabilities $873mShareholders' equity $598m
  • Short-term assets cover short-term liabilities $473m of assets due within a year against $233m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $473m short-term assets against $873m of longer-dated liabilities.
  • More cash than debt $58m of cash against $601m of debt.
  • Debt below 40% of shareholders' equity Debt is 100% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 119% to 100% over five years.
  • A year's operating cash flow covers at least 20% of debt $197m of operating cash flow against $601m of debt.
  • Operating profit covers interest at least five times over Operating income of −$24m against $38m of interest.

From Suncoke Energy, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$41.2M
Diluted share count
+0.1%
year over year
Total shareholder yield
4.3%
dividends 4.3% + buybacks 0.0% of market value
Sales & admin spending
5.8%
of revenue
Days sales outstanding
40 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in steel
Last 12 months unless stated SXC ASTL MTUS CRS IIIN WS Median
Revenue, last 12 months $1.9bn $1.5bn $1.2bn $3.2bn $740m $5.3bn $5.3bn
Revenue growth, last 12 months 2.9% −1.4% 16.1% 10.2% 14.2% 69.1% 14.2%
Revenue growth, 3-year average −2.7% — −0.5% −5.3% 4.4% 15.5% 2.2%
Revenue growth, latest quarter −0.2% — 12.0% 8.8% 17.9% 212.4% 23.0%
Gross margin 11.2% −31.9% 8.2% 31.2% 10.2% 10.4% 11.2%
Operating margin −1.3% −63.6% 0.9% 23.4% — 0.1% 0.5%
Operating margin, 3-year average 3.6% — −2.0% 18.6% — 3.3% 3.6%
Net margin −2.9% −47.2% 0.7% 17.9% 4.0% −0.7% 1.7%
Cash from operations / revenue 10.4% −3.2% 0.5% 19.4% 5.0% 3.8% 4.6%
Free-cash-flow margin 6.3% −18.9% −8.0% 10.7% 3.4% 0.9% 2.8%
Free-cash-flow margin, 3-year average 4.5% — −3.3% 9.1% 4.6% 2.3% 4.4%
Stock pay / revenue 0.2% — 1.2% 0.9% 0.5% 0.2% 0.4%
Change in share count 0.1% −9.5% −1.5% −0.8% −0.2% 0.2% −0.8%

Median of all 15 companies we cover in steel. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

15 steel companies
Measure Company Peer median Rank
Revenue growth Growth 2.9% 14.2% 11 of 15
Change in growth rate Growth +0.1pp +4.9pp 12 of 15
Operating margin Profitability -1.3% 0.1% 7 of 11
Net margin Profitability -2.9% 1.7% 14 of 15
Free-cash-flow margin Cash generation 6.3% 2.8% 2 of 15
Stock pay as % of revenue Cash generation 0.2% 0.4% 3 of 11
Long-term debt as % of assets Balance sheet 34.7% 18.5% 11 of 12
Change in share count Balance sheet 0.1% -0.8% 11 of 15
Days sales outstanding Balance sheet 40 days 52 days 3 of 12

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Coke Sales $1.6B 84.9% ▼ 11.7%
Industrial Services $186M 10.1% ▲ 128.4%
Steam and Electricity Sales $49.6M 2.7% ▲ 3.5%
Operating and Licensing Fees $35.7M 1.9% ▲ 1.7%
Other Products and Services $6.7M 0.4% ▲ 45.7%
Geography
Region Revenue Share YoY
United States $1.8B 96.3% ▼ 6.9%
Outside the US $67.9M 3.7% ▲ 93.4%

From Suncoke Energy, Inc.'s 10-K filed February 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$635M
Institutions reporting
234
Shares held vs prior quarter
▲ 11.8%
Positions opened / closed
48 / 25

Top buyers and sellers, Q2 2026: 126 institutions bought and 97 sold ; the biggest buyer was Two Sigma Investments, LP (+2.5M shares) and the biggest seller LSV Asset Management (−2.7M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $72.6M 9.0M 11.4% ▲ 7.6%
State Street Corp $50.8M 6.3M 8.0% ▼ 1.5%
Dimensional Fund Advisors LP $43M 5.3M 6.8% ▼ 1.2%
American Century Companies Inc $36.5M 4.5M 5.7% ▲ 8.1%
Vanguard Capital Management LLC $30.1M 3.7M 4.7% ▲ 0.3%
Two Sigma Investments, LP $27.3M 3.4M 4.3% ▲ 285.6%
Gendell Jeffrey L $22.4M 2.8M 3.5% ▲ 33.7%
Geode Capital Management, LLC $17.7M 2.2M 2.8% ▲ 5.0%
Renaissance Technologies LLC $17.4M 2.2M 2.7% ▼ 1.5%
AQR Capital Management LLC $16.1M 2.0M 2.5% ▲ 161.5%
Mirae Asset Global Etfs Holdings Ltd. $14.9M 1.8M 2.3% ▲ 4466.0%
Assenagon Asset Management S.A. $14.7M 1.8M 2.3% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Suncoke Energy, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $288,545 9 trades by 4 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $288,545 net buying
Insider Date Trade Shares Price Value
Mikhalevsky Andrei Alexander Director February 26, 2026 Buy 5,000 $5.53 $27,650
Marinko Mark W. SR VP, Chief Financial Officer February 25, 2026 Buy 400 $5.83 $2,332
Marinko Mark W. SR VP, Chief Financial Officer February 25, 2026 Buy 9,600 $5.84 $56,064
Hardesty Phillip Michael Senior Vice President February 25, 2026 Buy 291 $5.82 $1,694
Hardesty Phillip Michael Senior Vice President February 25, 2026 Buy 12,209 $5.83 $71,178
Hardesty Phillip Michael Senior Vice President November 7, 2025 Buy 9,168 $6.64 $60,876
Hardesty Phillip Michael Senior Vice President November 7, 2025 Buy 2,032 $6.62 $13,452
Hardesty Phillip Michael Senior Vice President November 7, 2025 Buy 800 $6.63 $5,304
Della Ratta Ralph M Jr Director November 6, 2025 Buy 7,288 $6.86 $49,996

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 16, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • July 30, 2026
  • April 30, 2026
  • February 17, 2026
  • November 4, 2025
  • July 30, 2025

Recent SEC filings

Data status

When each part of this page on Suncoke Energy, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Suncoke Energy, Inc. in brief

What does Suncoke Energy, Inc. do?
Suncoke Energy, Inc. is a US-listed company in the steel industry. Its financial year ends in December.
What is Suncoke Energy, Inc.'s stock ticker?
Suncoke Energy, Inc. trades under the ticker SXC on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Suncoke Energy, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Suncoke Energy, Inc. reported revenue of $1.9B, 2.9% higher than a year earlier, according to its SEC filings.
What is Suncoke Energy, Inc.'s free cash flow?
Suncoke Energy, Inc.'s free-cash-flow margin is 6.3% of revenue over the trailing twelve months, ranking 2 of the 15 steel companies we cover.
What is Suncoke Energy, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Suncoke Energy, Inc.'s free cash flow after stock-based pay gives ~$13 per share in the base case, and ~$8.0–$20 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Suncoke Energy, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., State Street Corp and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Suncoke Energy, Inc.'s market cap?
On November 2, 2026, Suncoke Energy, Inc.'s market capitalisation was about $959M and net debt of $549M. Market figures come from third-party market data and may be delayed.
Does Suncoke Energy, Inc. pay a dividend?
Yes: Suncoke Energy, Inc. paid $41.2M in dividends over the trailing twelve months, a dividend yield of 4.27%.
How much debt does Suncoke Energy, Inc. have?
Suncoke Energy, Inc.'s debt-to-equity ratio is 100.4%, from its latest balance sheet (119.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are Suncoke Energy, Inc.'s competitors?
In our Steel peer group, the companies closest to Suncoke Energy, Inc. are Algoma Steel Group Inc., Metallus Inc., Carpenter Technology Corp, Insteel Industries Inc and Worthington Steel, Inc. The side-by-side comparison below sets their revenue, margins and growth against Suncoke Energy, Inc.'s.
Are insiders buying or selling Suncoke Energy, Inc. stock?
Over the last 12 months, Suncoke Energy, Inc.'s directors and officers reported 9 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Suncoke Energy, Inc.'s next earnings date?
Around February 16, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Suncoke Energy, Inc. announces its own schedule.