Saturday 17 October 2026 Export CNR’s income statement to Excel — free account

Core Natural Resources, Inc.

In the quarter to June 2026, revenue grew 3.51%, EPS grew 458.6%, free cash flow grew 13.4% and total debt rose 14.4%, each against the same quarter a year earlier.

90.35 1.35 +1.52%

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Market cap: $4.4B
P/E: 45.4×
Fwd P/E: 24.8×
Dividend yield: 0.00%
F-score: 4/9
Altman Z: 1.98
Beneish M: −1.01
Dividend safety: 20/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 6.72

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	5	—	—	—	—	—	—	—

Insider Ownership 3.92%

Capital & Financial Ratios $m

Market Cap 4,420.00

Revenue 4,270.30

Net Income 100.13

Free Cash Flow 270.19

Net Debt (25.55)

Current Ratio 1.83

Debt/Equity 0.12

P/E ratio 45.40

Fwd P/E 24.80

P/S ratio 1.07

P/B ratio 1.23

Past 5Y EPS Growth —

This Y EPS Growth 261.29%

Next Y EPS Growth 35.22%

Next Y revenue growth 8.46%

Next 5Y EPS Growth (3.54%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 90.04%

10-year low 10-year high

P/S against its own 10 years 62.42%

10-year low 10-year high

P/B against its own 10 years 37.32%

10-year low 10-year high

EV/Sales against its own 10 years 45.16%

10-year low 10-year high

EV/FCF against its own 10 years 83.17%

10-year low 10-year high

Dividends

Payout Ratio 0.00

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	0.00	0.25
2023	2.20	1.10 1.10
2022	2.10	1.00 1.05 1.05
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	281	460	432	473
Receivables	160	163	403	441
Inventory	88	96	375	381
Other	71	67	130	80
	601	786	1,340	1,375

	2023	2024	2025	Q'26
Payables	137	144	336	329
ST’ Debt	11	113	98	42
Other	—	—	—	—
	444	519	838	753

Compound Annual Growth %

	10y	5y	3y
Sales	11.35%	32.45%	25.60%
Cash Flow	0.47%	18.78%	(22.27%)
Earnings	0.00%	0.00%	0.00%
Book Value	13.23%	46.05%	46.67%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,084	1,141	—	—	—
’25	1,017	1,102	1,003	1,042	4,165
’24	547	491	553	574	2,164
’23	689	661	570	587	2,507
’22	359	545	562	637	2,102
’21	342	287	149	481	1,259
’20	291	163	243	325	1,022

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	119	250	—	—	—
’25	(110)	220	88	107	306
’24	77	116	161	121	476
’23	249	228	163	219	858
’22	148	198	153	151	651
’21	78	95	81	52	306
’20	51	(5)	16	67	129

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	56	149	—	—	—
’25	(168)	131	39	27	29
’24	41	62	122	81	306
’23	221	185	121	167	694
’22	118	160	107	116	501
’21	73	54	35	25	186
’20	24	(23)	4	48	53

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.41	2.51	—	—	—
’25	(1.38)	(0.70)	0.61	(1.54)	(2.98)
’24	3.39	1.96	3.22	1.04	9.61
’23	6.55	4.94	3.11	5.05	19.79
’22	(0.13)	3.54	4.25	5.39	13.07
’21	0.75	0.12	(3.30)	3.30	0.96
’20	0.09	(0.69)	(0.28)	0.49	(0.37)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	19.51	26.62	11.71	3.35	6.51	19.11	49.35	75.43	58.19	Analyst estimates 2026–2028 Powerpack
	High	—	41.89	48.12	38.74	15.12	36.23	79.17	114.30	134.59	109.61
People
People	Employees	1,661	1,692	1,772	1,792	1,494	1,575	1,860	2,020	2,076	4,850
	Revenue/emp, $m	0.74	0.83	0.86	0.80	0.68	0.80	1.13	1.24	1.04	0.86
Income, $m
Income, $m	Revenue	1,231	1,412	1,532	1,431	1,022	1,259	2,102	2,507	2,164	4,165
	Gross margin, %	96.22	94.78	97.16	98.63	96.09	91.75	91.32	45.04	33.86	14.89
	EBT	65	170	188	98	(9)	35	568	778	331	(234)
	EBT margin, %	5.28	12.03	12.25	6.86	(0.90)	2.81	27.04	31.03	15.28	(5.61)
	Net income	50	83	179	94	(13)	34	467	656	286	(153)
	Depreciation	178	173	210	214	218	233	235	241	224	621
Per share, $
Per share, $	Revenue	44.01	50.48	54.86	53.12	39.19	36.59	60.38	76.09	72.92	81.05
	Earnings	1.80	2.42	5.48	2.81	(0.37)	0.99	13.41	19.91	9.65	(2.98)
	Cash flow	11.77	8.87	14.81	9.08	4.96	8.88	18.70	26.04	16.05	5.95
	Capex	(1.64)	(2.03)	(5.14)	(6.22)	(2.92)	(3.46)	(4.31)	(4.96)	(5.75)	(5.39)
	Free cash flow	10.13	6.84	9.66	2.86	2.04	5.42	14.39	21.08	10.30	0.56
	Book value	28.61	12.29	19.75	21.25	21.23	19.56	33.49	40.78	52.83	71.58
	Shares, m	28	28	28	27	26	34	35	33	30	51
Valuation, ×
Valuation, ×	P/E	8.00	13.76	5.80	5.20	0.00	22.94	4.35	5.08	11.08	0.00
	P/S	0.24	0.76	0.58	0.27	0.18	0.62	0.97	1.33	1.46	1.09
	P/B	0.42	3.13	1.61	0.68	0.34	1.16	1.74	2.48	2.02	1.24
	EV/Sales	0.46	1.28	0.97	0.72	0.78	0.99	1.02	1.30	1.35	1.10
	EV/FCF	2.18	9.46	5.52	13.29	14.92	6.71	4.27	4.68	9.53	159.27
Cash, $m
Cash, $m	Operating cash flow	329	248	414	245	129	306	651	858	476	306
	Capex	(46)	(57)	(144)	(168)	(76)	(119)	(150)	(164)	(171)	(277)
	Free cash flow	283	191	270	77	53	186	501	694	306	29
Balance, $m
Balance, $m	Working capital	(179)	(23)	(18)	(54)	(76)	(59)	150	157	267	502
	Total debt	318	888	869	713	657	652	384	197	208	452
	Net debt	304	734	604	633	606	469	111	(84)	(253)	20
	Shareholders’ equity	800	344	552	572	554	673	1,166	1,343	1,568	3,678
Returns, %
Returns, %	ROA	1.49	2.51	5.60	2.79	(0.37)	1.34	17.70	24.39	10.31	(3.40)
	ROIC	4.47	11.36	14.89	9.80	1.65	5.37	30.67	39.87	16.67	(3.08)
	ROE	4.46	11.83	34.17	13.52	(1.73)	5.56	50.80	52.28	19.67	(5.84)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CNR Core Natural Resources, Inc.	$4.4B	45.4×	24.8×	+3.51% (above 0%: growing)	n/m	+13.36% (above 0%: growing)	22.09%	13.65%
ARLP Alliance Resource Partners, L.P.	$3.2B	12.6×	11.7×	+0.75% (above 0%: growing)	+32.61% (above 0%: growing)	+21.12% (above 0%: growing)	36.75%	17.33%	Compare
BTU Peabody Energy Corporation	$2.9B	— (loss-making)	33.0×	+12.71% (above 0%: growing)	n/m	+11.29% (above 0%: growing)	4.91%	(10.51%)	Compare
NRP Natural Resource Partners LP	$1.5B	14.2×	—	−3.97% (below 0%: shrinking)	−27.06% (below 0%: shrinking)	−11.47% (below 0%: shrinking)	100.00%	54.52%	Compare
NC NACCO Industries, Inc.	$253.7M	14.8×	3.8×	+5.97% (above 0%: growing)	n/m	+98.20% (above 0%: growing)	21.02%	(3.14%)	Compare
Median of peers	$2.2B	14.2×	11.7×	+3.36%	—	+16.21%	28.89%	7.10%

All 5 Thermal Coal stocks →

Core Natural Resources, Inc. (CNR) key facts

Core Natural Resources, Inc. (CNR) is a Thermal Coal company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, CNR traded at $90.35, a market capitalization of $4.4 billion.
Core Natural Resources, Inc. does not currently pay a dividend.
Return on equity was −5.84% and debt-to-equity 0.12.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.98 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.