Core Natural Resources, Inc. (CNR)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,651,146 | 1,714,088 | 1,694,690 | 1,836,134 | 1,971,215 | 2,010,336 | 2,073,293 | 2,061,979 | 1,953,267 | 1,661,989 | 1,402,221 | 1,130,609 | 932,632 | 878,776 | 959,587 | 806,630 | 779,790 | 851,114 | 817,087 | 1,066,208 |
| Revenue (ttm) | US$ in thousands | 2,148,698 | 2,213,263 | 2,204,294 | 2,371,335 | 2,506,635 | 2,509,437 | 2,530,409 | 2,481,302 | 2,339,875 | 2,037,760 | 1,768,138 | 1,466,444 | 1,261,034 | 1,194,772 | 2,130,006 | 1,948,080 | 1,892,420 | 1,949,596 | 1,043,790 | 1,293,676 |
| Gross profit margin | 76.84% | 77.45% | 76.88% | 77.43% | 78.64% | 80.11% | 81.94% | 83.10% | 83.48% | 81.56% | 79.30% | 77.10% | 73.96% | 73.55% | 45.05% | 41.41% | 41.21% | 43.66% | 78.28% | 82.42% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,651,146K ÷ $2,148,698K
= 76.84%
Core Natural Resources, Inc.'s gross profit margin has shown fluctuating trends over the past few years. The margin was relatively high in the first half of 2020, ranging from 78.28% to 82.42%. However, there was a significant drop in the margin in the second half of 2020, reaching as low as 41.21% by December 31, 2020.
Throughout 2021 and 2022, the gross profit margin gradually increased, reaching a peak of 83.48% by the end of December 2022. This indicated an improvement in the company's ability to generate profits from its core operations.
From March 2023 to December 2024, the gross profit margin exhibited a relatively stable range, fluctuating between 76.84% and 83.10%. This stability suggests that Core Natural Resources, Inc. has been able to maintain a healthy level of profitability in relation to its production costs during this period.
Overall, the company's gross profit margin reflects both fluctuations and periods of stability, indicating changes in its profitability and operational efficiency over the years analyzed.
Peer comparison
Dec 31, 2024