Core Natural Resources, Inc., together with its subsidiaries, produces, sells, and exports metallurgical and thermal coals in the United States and internationally. It operates through the High CV Thermal; Metallurgical; Powder River Basin (PRB); and Core Marine Terminal segments. The High CV Thermal segment consists of Pennsylvania Mining Complex and the West Elk mine located in Colorado. The Metallurgical segment consists of Leer, Leer South, Beckley, Mountain Laurel, and Itmann coal mines in West Virginia. The PRB segment consists of Black Thunder and Coal Creek surface mining complexes located in Wyoming. The Core Marine Terminal segment consists of coal export terminal operations in the Port of Baltimore. The company was formerly known as CONSOL Energy Inc. and changed its name to Core Natural Resources, Inc. in January 2025. Core Natural Resources, Inc. was founded in 1864 and is headquartered in Canonsburg, Pennsylvania.
Ticker
CNR
Exchange
NYSE
Sector
Energy
Industry
Thermal Coal
Market cap
$3.88B
52-week range
$73.31 - $114.80
Valuation
Share price
$79.31 (close of Nov 6, 2026)
P/E (TTM)
49.88x
Price to book
1.07x
Price to free cash flow
12.89x
Enterprise value
$3.91B
Book value per share
$74.41
Price performance
Period
Change
1 day
+5.45%
5 days
-8.77%
1 month
-12.08%
3 months
-11.86%
6 months
-9.64%
Year to date
-10.39%
1 year
-8.33%
3 years
-17.59%
5 years
+231.56%
All time
+256.45%
Short interest
As of
Oct 15, 2026
Short % of float
5.52%
Shares short
1.58M
Days to cover
3.44
Change since prior report
-13.15%
Source
FINRA consolidated short interest
Profitability and growth
Return on equity
-4.17%
Return on invested capital
-2.46%
Return on assets
-2.50%
Return on capital employed
-3.44%
Gross margin
0.79%
Net margin
-3.68%
EBITDA margin
10.54%
Revenue growth
92.42%
Net income growth
-153.50%
Free cash flow growth
-92.91%
Cash flow and balance sheet
Free cash flow yield (TTM)
7.76%
Current ratio
1.71x
Net debt to EBITDA
0.04x
Latest reported year
Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$4.16B
Cost of revenue
$4.13B
Gross profit
$32.80M
EBITDA
$439.01M
Net income
-$153.22M
Earnings per share
$-2.98
Interest expense
$40.12M
Shares outstanding
51.39M
Income statement by year
Period end
Revenue
Gross profit
Net income
EPS
2025-12-31
$4.16B
$32.80M
-$153.22M
-$2.98
2024-12-31
$2.16B
$466.22M
$286.40M
$9.65
2023-12-31
$2.51B
$906.81M
$655.89M
$19.91
2022-12-31
$2.28B
-
$466.98M
$13.41
2021-12-31
$1.26B
-
$34.11M
$0.99
2020-12-31
$879.46M
-
-$9.76M
-$0.37
2019-12-31
$1.38B
-
$76.00M
$2.82
2018-12-31
$1.47B
-
$152.98M
$5.48
2017-12-31
$1.32B
-
$67.63M
$2.42
2016-12-31
$1.14B
-
$41.50M
$1.48
Margins and returns by year
Period end
Gross margin
Net margin
Return on equity
Return on capital
2025-12-31
0.79%
-3.68%
-4.17%
-2.46%
2024-12-31
21.54%
13.23%
18.26%
17.27%
2023-12-31
36.18%
26.17%
48.82%
43.80%
2022-12-31
-
20.48%
40.06%
33.10%*
2021-12-31
-
2.70%
5.07%
7.35%*
2020-12-31
-
-1.11%
-1.76%
3.79%*
2019-12-31
-
5.53%
13.28%
11.76%*
2018-12-31
-
10.39%
27.73%
19.06%*
2017-12-31
-
5.12%
19.68%
7.69%*
2016-12-31
-
3.63%
5.19%
5.04%*
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.