Core Natural Resources, Inc. (CNR)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 265,226 | 747,680 | 804,781 | 100,179 | -111,589 |
| Total assets | US$ in thousands | 3,036,610 | 2,675,000 | 2,704,380 | 2,573,520 | 5,478,490 |
| Operating ROA | 8.73% | 27.95% | 29.76% | 3.89% | -2.04% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $265,226K ÷ $3,036,610K
= 8.73%
Core Natural Resources, Inc.'s operating return on assets (operating ROA) has shown significant variations over the past five years. The metric was negative at -2.04% on December 31, 2020, indicating that the company was not effectively utilizing its assets to generate operating income. However, there has been a notable improvement since then, with the operating ROA increasing to 3.89% by December 31, 2021.
The most substantial improvement occurred between December 31, 2021, and December 31, 2022, when the operating ROA surged to 29.76%, demonstrating a significant enhancement in the company's operational efficiency and profitability. This positive trend continued in the following year, with the operating ROA remaining high at 27.95% on December 31, 2023.
However, there was a noticeable decline in the operating ROA by December 31, 2024, where it stood at 8.73%. While this is still an improvement compared to the earlier years, it indicates a decrease in the company's ability to generate operating income from its assets compared to the peak performance in 2022 and 2023.
Overall, Core Natural Resources, Inc.'s operating return on assets has shown both positive and negative fluctuations over the years, highlighting the importance of continuous monitoring and evaluation of the company's operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024