Core Natural Resources, Inc. (CNR)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 330,647 | 777,872 | 568,437 | 35,407 | -9,242 |
| Revenue | US$ in thousands | 2,148,700 | 2,506,640 | 2,280,020 | 1,261,030 | 879,462 |
| Pretax margin | 15.39% | 31.03% | 24.93% | 2.81% | -1.05% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $330,647K ÷ $2,148,700K
= 15.39%
Core Natural Resources, Inc.'s pretax margin has shown significant fluctuations over the years based on the provided data. The pretax margin was negative at -1.05% as of December 31, 2020, indicating that the company incurred pre-tax losses. However, there has been a notable improvement in performance as the pretax margin increased to 2.81% by December 31, 2021.
The company's financial performance improved substantially over the following years, with the pretax margin reaching 24.93% by December 31, 2022, 31.03% by December 31, 2023, and then dropping slightly to 15.39% by December 31, 2024.
The overall trend demonstrates a positive trajectory in Core Natural Resources, Inc.'s profitability, highlighted by the substantial increase in pretax margin from 2020 to 2024. However, the decrease in 2024 compared to the previous year suggests a potential need for further examination to understand the factors behind this decline in performance.
Peer comparison
Dec 31, 2024