NYQ · Financial Statements

Core Natural Resources, Inc. (CNR) Financial Statements

$92.10 NYQ: CNR Market Cap $4.57B

Core Natural Resources, Inc. most recently reported annual revenue of $4.2B, a net loss of $153.0M. Revenue grew at an average annual rate of 36.5% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Core Natural Resources, Inc.: Revenue rose from $1.1B in 2016 to $4.2B in 2025, a change of +264.1% over 9 years; net profit was positive in 8 of 10 reported years; operating margin moved from -0.7% to -5.2%, a shift of -4.5 percentage points; the most recent year shows a net loss of $153.0M.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$1.1B$1.3B$1.5B$1.4B$879.0M$1.3B$2.3B$2.5B$2.1B$4.2B
Operating Expenses$1.2B$1.2B$1.3B$1.2B$991.0M$1.2B$1.5B$1.8B$1.9B$4.4B
Operating Profit$-8.0M$105.0M$216.0M$134.0M$-112.0M$100.0M$805.0M$748.0M$265.0M$-216.0M
Operating Margin-0.7%8.0%14.7%9.7%-12.7%7.9%35.3%29.8%12.3%-5.2%
Other Income$73.0M$64.0M$-29.0M$-36.0M$102.0M$-65.0M$-236.0M$30.0M$65.0M$-18.0M
Interest$14.0M$26.0M$84.0M$66.0M$61.0M$63.0M$53.0M$29.0M$22.0M$40.0M
Depreciation$178.0M$172.0M$201.0M$207.0M$211.0M$225.0M$227.0M$241.0M$224.0M$621.0M
Profit Before Tax$65.0M$170.0M$188.0M$98.0M$-9.0M$35.0M$568.0M$778.0M$331.0M$-234.0M
Tax$22.4M$51.4M$4.7M$4.6M$-43.0M$3.7M$17.9M$15.7M$13.4M$34.4M
Net Profit$41.0M$68.0M$153.0M$76.0M$-10.0M$34.0M$467.0M$656.0M$286.0M$-153.0M
EPS$1.48$2.40$5.38$2.81$-0.37$0.96$13.07$19.79$9.65$-2.98
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricJun '23Sep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Jun '26
Revenue$654.0M$541.0M$634.0M$547.0M$491.0M$550.0M$570.0M$1.0B$1.1B$1.0B$1.0B$1.1B
Operating Expenses$448.0M$441.0M$465.0M$423.0M$419.0M$457.0M$557.0M$1.1B$1.1B$1.0B$1.2B$1.1B
Operating Profit$206.0M$100.0M$169.0M$124.0M$72.0M$93.0M$13.0M$-54.0M$-19.0M$-12.0M$-131.0M$23.0M
Operating Margin31.5%18.5%26.6%22.7%14.6%16.9%2.3%-5.3%-1.8%-1.2%-12.6%2.1%
Interest$7.0M$7.0M$5.0M$5.0M$5.0M$5.0M$7.0M$8.0M$10.0M$11.0M$11.0M$11.0M
Profit Before Tax$205.0M$122.0M$179.0M$119.0M$67.0M$113.0M$32.0M$-73.0M$-29.0M$-21.0M$-109.0M$21.0M
Tax$18.3M$17.3M$12.2M$14.2M$13.5M$15.5M$2.6M$5.7M$-24.2M$247.7M$27.8M$-2.1M
Net Profit$168.0M$101.0M$157.0M$102.0M$58.0M$96.0M$31.0M$-69.0M$-37.0M$32.0M$-79.0M$21.0M
EPS$4.94$3.11$5.05$3.39$1.96$3.22$1.04$-1.38$-0.70$0.61$-1.54$0.41

Over the 10 years reported for Core Natural Resources, Inc., borrowings increased from $318.0M in 2016 to $452.0M in 2025, cash stood at $432.0M in the latest year, shareholders' equity was $1.0M, current assets covered current liabilities 1.60 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$2.7B$2.7B$2.8B$2.7B$2.5B$2.6B$2.7B$2.7B$2.9B$6.1B
Current Assets$200.0M$399.0M$474.0M$338.0M$293.0M$386.0M$598.0M$601.0M$786.0M$1.3B
Cash$13.0M$154.0M$236.0M$80.0M$51.0M$150.0M$273.0M$199.0M$408.0M$432.0M
Inventory$50.0M$53.0M$49.0M$54.0M$56.0M$63.0M$66.0M$88.0M$96.0M$375.0M
Receivables$119.0M$168.0M$129.0M$173.0M$160.0M$116.0M$197.0M$160.0M$163.0M$403.0M
Fixed Assets$2.2B$2.1B$2.1B$2.2B$2.1B$2.0B$2.0B$1.9B$1.9B$4.4B
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$-301.0M$-285.0M$-276.0M$0$0$0$0$82.0M$64.0M$0
Other Assets$154.0M$148.0M$148.0M$0$0$0$0$0$1.1B$0
Total Liabilities$1.9B$2.4B$2.2B$2.1B$2.0B$1.9B$1.5B$1.3B$1.3B$2.5B
Current Liabilities$379.0M$316.0M$492.0M$392.0M$368.0M$445.0M$449.0M$444.0M$519.0M$838.0M
Borrowings$318.0M$891.0M$869.0M$788.0M$713.0M$674.0M$404.0M$212.0M$214.0M$452.0M
Other Liabilities$1.6B$1.5B$1.3B$1.3B$1.3B$1.2B$1.1B$1.1B$1.1B$2.0B
Equity$0$0$0$0$0$0$0$0$0$1.0M
Reserves$658.0M$204.0M$410.0M$435.0M$554.0M$673.0M$1.2B$1.3B$1.6B$3.7B

For Core Natural Resources, Inc., operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $21.0M; free cash flow was positive in 10 of 10 years; financing activities used $261.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$329.0M$248.0M$414.0M$245.0M$129.0M$306.0M$651.0M$858.0M$476.0M$306.0M
Investing Cash Flow$-99.0M$-138.0M$-299.0M$-342.0M$-162.0M$-260.0M$-314.0M$-427.0M$-343.0M$-237.0M
Financing Cash Flow$-22.0M$-56.0M$-57.0M$-73.0M$-15.0M$-5.0M$-14.0M$-415.0M$-80.0M$-261.0M
Net Cash Flow$7.0M$141.0M$111.0M$-185.0M$-29.0M$147.0M$129.0M$-84.0M$204.0M$-15.0M
Free Cash Flow$276.0M$167.0M$268.0M$75.0M$43.0M$173.0M$479.0M$690.0M$298.0M$21.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.10
EV / EBITDA6.18
FCF Yield5.79%
Quick Ratio1.32
Interest Coverage0.79
Return 1Y43.00%
Return 3Y15.11%
Return 5Y357.42%

Core Natural Resources, Inc. (CNR) financials — frequently asked questions

What is Core Natural Resources, Inc.'s annual revenue?

Core Natural Resources, Inc. (CNR) reported annual revenue of $4.2B in its most recent fiscal year.

What is Core Natural Resources, Inc.'s net profit?

Core Natural Resources, Inc. (CNR) reported a net loss of $153.0M in its most recent fiscal year.

What is CNR EV/EBITDA?

Core Natural Resources, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is 6.18.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Energy StocksLow P/E Energy StocksHigh Net Margin Energy StocksDividend Energy StocksLow Debt Energy StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksAll stock screens
CNR Overview CNR Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.