Latest Ratios: P/E Ratio -15.0x · EV/EBITDA 5.7x · ROE -6.6%. (2009–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $660M | $616M | $913M | $912M | $730M | $552M | $362M | $478M | $560M | $782M | $730M |
| Enterprise Value | $1.3B | $1.2B | $1.2B | $1.3B | $1.2B | $1.1B | $993M | $1.2B | $1.3B | $1.5B | $1.5B |
| P/E Ratio → | -14.96 | — | 9.55 | 15.79 | 7.25 | 12.67 | 108.75 | — | 21.38 | 6.38 | 51.55 |
| P/S Ratio | 0.36 | 0.34 | 0.47 | 0.44 | 0.37 | 0.38 | 0.27 | 0.30 | 0.39 | 0.59 | 0.60 |
| P/B Ratio | 1.06 | 0.98 | 1.28 | 1.41 | 1.17 | 1.03 | 0.72 | 0.92 | 0.82 | 1.19 | 1.14 |
| P/FCF | 15.60 | 14.55 | 9.52 | 6.52 | 5.47 | 4.10 | 4.31 | 6.66 | 6.55 | 10.72 | 4.70 |
| P/OCF | 6.05 | 5.64 | 5.41 | 3.66 | 3.49 | 2.37 | 2.29 | 2.63 | 3.01 | 5.26 | 3.33 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.66 | 0.63 | 0.61 | 0.59 | 0.76 | 0.75 | 0.73 | 0.86 | 1.15 | 1.19 |
| EV / EBITDA | 5.72 | 5.51 | 4.53 | 4.72 | 3.96 | 4.01 | 4.88 | — | 4.80 | 6.57 | 6.84 |
| EV / EBIT | 19.37 | 18.68 | 8.08 | 10.11 | 7.63 | 10.08 | 13.18 | — | 10.58 | 18.20 | 11.80 |
| EV / FCF | — | 28.66 | 12.79 | 9.05 | 8.79 | 8.21 | 11.84 | 16.26 | 14.65 | 20.92 | 9.33 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.1% | 7.1% | 17.2% | 16.4% | 18.6% | 23.2% | 21.4% | 20.2% | 22.5% | 23.3% | 25.9% |
| Operating Margin | 3.5% | 3.5% | 7.8% | 6.1% | 7.8% | 9.7% | 5.2% | -9.0% | 8.2% | 7.7% | 7.9% |
| Net Profit Margin | -2.4% | -2.4% | 5.0% | 2.8% | 5.1% | 3.0% | 0.3% | -9.5% | 1.8% | 9.2% | 1.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -6.6% | -6.6% | 14.1% | 9.1% | 17.4% | 8.4% | 0.7% | -25.4% | 3.9% | 18.8% | 2.3% |
| ROA | -2.6% | -2.6% | 5.8% | 3.5% | 6.2% | 2.7% | 0.2% | -8.0% | 1.3% | 5.9% | 0.7% |
| ROIC | 4.3% | 4.3% | 11.3% | 9.1% | 10.7% | 9.6% | 4.5% | -8.4% | 6.4% | 5.6% | 5.1% |
| ROCE | 4.3% | 4.3% | 10.5% | 8.7% | 10.7% | 9.8% | 4.6% | -8.4% | 6.3% | 5.4% | 4.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.09 | 1.09 | 0.71 | 0.76 | 0.85 | 1.15 | 1.36 | 1.52 | 1.23 | 1.31 | 1.33 |
| Debt / EBITDA | 3.12 | 3.12 | 1.86 | 1.84 | 1.80 | 2.24 | 3.34 | — | 3.21 | 3.72 | 4.03 |
| Net Debt / Equity | — | 0.95 | 0.44 | 0.55 | 0.71 | 1.03 | 1.26 | 1.33 | 1.01 | 1.13 | 1.13 |
| Net Debt / EBITDA | 2.71 | 2.71 | 1.16 | 1.32 | 1.49 | 2.01 | 3.10 | — | 2.65 | 3.20 | 3.40 |
| Debt / FCF | — | 14.11 | 3.27 | 2.52 | 3.31 | 4.11 | 7.53 | 9.59 | 8.10 | 10.20 | 4.63 |
| Interest Coverage | 2.02 | 2.02 | 6.49 | 4.58 | 4.80 | 2.58 | 1.34 | -2.37 | 1.93 | 1.35 | 2.24 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.11 | 2.11 | 2.31 | 1.86 | 1.67 | 1.49 | 1.45 | 1.58 | 1.96 | 1.74 | 1.84 |
| Quick Ratio | 1.11 | 1.11 | 1.43 | 1.05 | 0.89 | 0.80 | 0.65 | 0.83 | 1.31 | 1.12 | 1.30 |
| Cash Ratio | 0.40 | 0.40 | 0.92 | 0.63 | 0.40 | 0.35 | 0.30 | 0.50 | 0.85 | 0.67 | 0.78 |
| Asset Turnover | — | 1.03 | 1.16 | 1.24 | 1.19 | 0.90 | 0.83 | 0.91 | 0.71 | 0.65 | 0.58 |
| Inventory Turnover | 7.76 | 7.76 | 8.87 | 9.44 | 9.16 | 8.81 | 8.28 | 8.69 | 10.19 | 9.20 | 9.80 |
| Days Sales Outstanding | — | 26.94 | 18.22 | 15.87 | 19.39 | 19.45 | 14.18 | 14.07 | 19.14 | 20.09 | 25.60 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.2% | 6.7% | 4.1% | 3.4% | 3.2% | 3.6% | 5.5% | 1.1% | — | — | — |
| Payout Ratio | — | — | 39.2% | 53.4% | 23.4% | 46.3% | 537.8% | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 10.5% | 6.3% | 13.8% | 7.9% | 0.9% | — | 4.7% | 15.7% | 1.9% |
| FCF Yield | 6.4% | 6.9% | 10.5% | 15.3% | 18.3% | 24.4% | 23.2% | 15.0% | 15.3% | 9.3% | 21.3% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.9% | 7.6% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 6.2% | 6.7% | 4.1% | 3.4% | 3.2% | 3.6% | 7.4% | 8.7% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $86M | $85M | $85M | $85M | $84M | $83M | $77M | $66M | $65M | $64M |
Customer blast furnace utilization
According to current market data, SunCoke trades at a forward EV/EBITDA of 5.58x, a multiple that appears to reflect a commodity-linked discount rather than the stable, fee-based cash flow profile inherent in its proprietary heat-recovery cokemaking business model compared to broader industrial peers.
The negative TTM P/E ratio is largely a function of non-cash charges and recent operational volatility, which obscures the underlying cash-generating potential of the firm. Investors should monitor whether the forward multiple expansion reflects a market expectation of improved throughput or a persistent skepticism regarding the long-term viability of blast furnace-dependent assets.
Based on reported financial figures, ROIC has trended downward from 3.4% in 2024Q3 to 0.3% in 2026Q1, suggesting that the company is struggling to generate adequate returns on its significant invested capital base amidst rising operational costs and inconsistent throughput across its domestic cokemaking facilities.
The decay in ROIC indicates that the company's capital-intensive infrastructure is failing to produce sufficient incremental returns, likely due to the high fixed-cost nature of the business. This trend warrants further investigation into whether the current asset base is becoming a drag on shareholder value rather than a source of competitive advantage.
As reported in recent quarterly filings, the cash conversion cycle has fluctuated significantly, reaching 36 days in 2026Q1, which highlights the inherent difficulty in managing working capital when coal pass-through costs and customer payment timing remain highly sensitive to external commodity price swings.
The variability in the cash conversion cycle suggests that the company's operational efficiency is frequently disrupted by external factors beyond management's direct control. Investors should interpret these fluctuations as a sign of potential liquidity strain during periods of rapid coal price volatility, which can temporarily tie up significant cash in working capital.
Based on the latest balance sheet data, the debt-to-equity ratio has climbed to 1.09x as of 2026Q1, indicating a shift toward a more leveraged capital structure that may limit the company's ability to navigate future operational downturns or fund necessary maintenance capital expenditures.
The increase in leverage, coupled with a declining interest coverage ratio of 0.51x, suggests that debt service is becoming increasingly burdensome relative to current operating income. This trend appears to be a departure from the company's historical financial profile and warrants close monitoring for potential covenant risks.
As indicated by the company's unique business model, the P/E ratio is the most commonly misapplied metric, as it fails to account for the heavy depreciation of capital-intensive cokemaking assets and the distortive impact of coal pass-through accounting on reported net income figures.
Analysts should instead prioritize EV/EBITDA or free cash flow-based metrics to better capture the true operational performance of the firm. Relying on P/E ratios in this context likely leads to an inaccurate assessment of the company's valuation, as it ignores the significant non-cash expenses that suppress earnings without impacting cash-generating capacity.
Includes 30+ ratios · 17 years · Updated daily
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Quick answers to the most common questions about buying SXC stock.
SunCoke Energy, Inc.'s current P/E ratio is -15.0x. The historical average is 29.2x.
SunCoke Energy, Inc.'s current EV/EBITDA is 5.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.3x.
SunCoke Energy, Inc.'s return on equity (ROE) is -6.6%. The historical average is 6.0%.
Based on historical data, SunCoke Energy, Inc. is trading at a P/E of -15.0x. Compare with industry peers and growth rates for a complete picture.
SunCoke Energy, Inc.'s current dividend yield is 6.22%.
SunCoke Energy, Inc. has 7.1% gross margin and 3.5% operating margin.
SunCoke Energy, Inc.'s Debt/EBITDA ratio is 3.1x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.