Core Natural Resources, Inc. (CNR)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 1,651,150 | 1,971,220 | 1,870,700 | 932,632 | 628,712 |
Revenue | US$ in thousands | 2,148,700 | 2,506,640 | 2,280,020 | 1,261,030 | 879,462 |
Gross profit margin | 76.84% | 78.64% | 82.05% | 73.96% | 71.49% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,651,150K ÷ $2,148,700K
= 76.84%
Core Natural Resources, Inc.'s gross profit margin has shown a positive trend over the past five years, increasing from 71.49% as of December 31, 2020, to 76.84% as of December 31, 2024. The company's ability to generate profits from its core business activities has improved steadily over the period, reaching a peak of 82.05% on December 31, 2022. The strong performance in gross profit margin indicates that Core Natural Resources has been effectively managing its production and operating costs relative to its revenue, which is a positive sign for the company's overall financial health and efficiency in generating profits.
Peer comparison
Dec 31, 2024