Core Natural Resources, Inc. (CNR)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 286,405 | 655,892 | 466,979 | 34,110 | -9,755 |
| Total stockholders’ equity | US$ in thousands | 1,568,250 | 1,343,440 | 1,165,830 | 1,176,340 | 441,805 |
| ROE | 18.26% | 48.82% | 40.06% | 2.90% | -2.21% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $286,405K ÷ $1,568,250K
= 18.26%
Core Natural Resources, Inc.'s return on equity (ROE) has shown significant improvement over the analyzed period. Starting from a negative ROE of -2.21% on December 31, 2020, the company managed to turn the situation around and achieve a positive ROE of 2.90% by December 31, 2021. This positive trend continued as the ROE surged to 40.06% by December 31, 2022, indicating a substantial increase in profitability and efficiency in utilizing shareholders' equity.
The company's ROE further improved to 48.82% by December 31, 2023, reaching its peak during the analyzed period. This exceptional performance suggests that Core Natural Resources, Inc. was able to generate strong returns for its shareholders relative to the amount of equity invested in the business. However, the ROE experienced a slight decline to 18.26% by December 31, 2024, although it remained at a healthy level compared to the initial years.
Overall, Core Natural Resources, Inc.'s ROE demonstrates a positive trajectory, indicating effective management of assets and debt to generate profits for shareholders. This upward trend in ROE reflects the company's ability to create value and sustain profitability over the analyzed period.
Peer comparison
Dec 31, 2024