SXC FY 2023 Earnings Report — SunCoke Energy, Inc. Revenue & Financial Results | Market Cap Arena

SunCoke Energy, Inc.SXC

FY 2023 Earnings

Reported February 22, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$2.1B	—	—	—	—
Op. Income	$125M	—	—	—	—
Gross Margin	16.4%	—	—	—	—
Net Margin	2.8%	—	—	—	—
EPS (Diluted)	$0.68	—	—	—	—
Free Cash Flow	$140M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$1.7B
GROSS PROFIT	$339M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$71M
Other Expenses	$143M
Operating Expenses	$214M
Cost & Expenses	$1.9B
OPERATING INCOME	$125M
Interest Income	$0
Interest Expense	$27M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$98M
Income Tax Expense	$34M
Net Income from Continuing Ops	$64M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$58M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$143M
EBIT	$125M
EBITDA	$268M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$1.7B
GROSS PROFIT	$339M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$71M
Other Expenses	$143M
Operating Expenses	$214M
Cost & Expenses	$1.9B
OPERATING INCOME	$125M
Interest Income	$0
Interest Expense	$27M
Other Income/Expenses	-$27M
INCOME BEFORE TAX	$98M
Income Tax Expense	$34M
Net Income from Continuing Ops	$64M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$58M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$143M
EBIT	$125M
EBITDA	$268M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$58M
Depreciation & Amortization	$143M
Stock-Based Compensation	$10M
Deferred Income Tax	$19M
Other Non-Cash Items	$2M
Change in Working Capital	$18M
OPERATING CASH FLOW	$249M
Capital Expenditure	-$109M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$109M
Net Debt Issuance	-$44M
Common Stock Repurchased	$0
Common Dividends Paid	-$31M
Other Financing Activities	-$15M
NET CASH FROM FINANCING	-$90M
FREE CASH FLOW	$140M
Net Change in Cash	$50M

Balance Sheet

Item	Amount
Cash & Equivalents	$140M
Short-Term Investments	$0
Net Receivables	$90M
Inventory	$183M
Other Current Assets	$4M
TOTAL CURRENT ASSETS	$417M
PP&E (Net)	$1.2B
Goodwill	$3M
Intangible Assets	$28M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$21M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.7B
Account Payables	$172M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$7M
TOTAL CURRENT LIABILITIES	$224M
Long-Term Debt	$490M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$190M
Other Non-Current Liabilities	$110M
TOTAL NON-CURRENT LIABILITIES	$791M
TOTAL LIABILITIES	$1.0B
Common Stock	$1M
Additional Paid-In Capital	$730M
Retained Earnings	$80M
Treasury Stock	-$184M
Accum. Other Comp. Income	-$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$614M
Minority Interest	$31M
TOTAL EQUITY	$646M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$493M
Net Debt	$353M