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Friday 6 November 2026 Export CNR’s income statement to Excel — free account

Core Natural Resources, Inc.

CNR Energy Thermal Coal

Core Natural Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 92.4% from fiscal 2024.

Revenue
+14.2%
EPS
−70.5%
Free cash flow
+106.4%
Total debt
+8.92%

Quarter to September 2026, against a year earlier

74.20 6.02 −7.50%
Market cap
$3.7B
P/E
47.6×
Fwd P/E
18.2×
Dividend yield
0.00%
F-score
4/9
Altman Z
1.98
Beneish M
−1.01
Dividend safety
20/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Core Natural Resources, Inc. (CNR) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Core Natural Resources, Inc. (CNR) trades at a EV/EBITDA of 4.9×. Over the past ten years it has ranged from 1.6× (May 2023) to 13.3× (March 2026); the current reading is higher than 72% of that period. That is below the Thermal Coal industry median of 11.4× and below the Energy sector median of 6.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 10.4× 105.18%
FY2024 5.1× 63.17%
FY2023 3.1× 25.14%
FY2022 2.5× (34.22%)
FY2021 3.8× 18.33%
FY2020 3.2× 25.48%
FY2019 2.5× (17.12%)
FY2018 3.1× (37.43%)
FY2017 4.9× 113.98%
FY2016 2.3× 0.00%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 5.7× 2.01%
Jun 2026 5.5× (43.30%)
Mar 2026 9.8× (6.00%)
Dec 2025 10.4× 10.18%
36 more quarters

Against its own ten years

Low 1.6× High 13.3×
Ten-year median 3.6×
Current reading's percentile 72

EV/EBITDA against peers

Company EV/EBITDA
CNR Core Natural Resources, Inc. 4.9×
BTU Peabody Energy Corporation compare 9.4×
ARLP Alliance Resource Partners, L.P. compare 11.4×
NRP Natural Resource Partners LP compare 11.4×
NC NACCO Industries, Inc. compare 13.6×
Thermal Coal industry median 11.4×
Energy sector median 6.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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