Core Natural Resources, Inc. (CNR)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 286,405 | 412,651 | 417,744 | 527,406 | 655,892 | 691,842 | 743,238 | 701,806 | 466,979 | 391,285 | 125,375 | 3,256 | 34,110 | -70,128 | 74,177 | 52,022 | 27,985 | 28,846 | 2,670 | 63,933 |
| Total stockholders’ equity | US$ in thousands | 1,568,250 | 796,763 | 1,294,250 | 1,388,820 | 1,343,440 | 1,308,790 | 1,335,200 | 1,280,900 | 1,165,830 | 916,445 | 1,746,850 | 1,359,120 | 1,176,340 | 1,112,060 | 479,247 | 457,647 | 441,805 | 420,290 | 378,212 | 347,888 |
| ROE | 18.26% | 51.79% | 32.28% | 37.98% | 48.82% | 52.86% | 55.66% | 54.79% | 40.06% | 42.70% | 7.18% | 0.24% | 2.90% | -6.31% | 15.48% | 11.37% | 6.33% | 6.86% | 0.71% | 18.38% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $286,405K ÷ $1,568,250K
= 18.26%
Core Natural Resources, Inc.'s return on equity (ROE) has shown significant fluctuation over the past few years. The ROE started at a relatively high level of 18.38% in March 2020 but decreased drastically to 0.71% by June 2020. Subsequently, there was a slight improvement in ROE by September 2020 to 6.86%, but it remained in the single digits until March 2021 when it increased to 11.37%.
From June 2021 to December 2021, the ROE fluctuated between 2.90% and 15.48%. However, a significant decline was observed in September 2021 when the ROE turned negative at -6.31%. The following periods showed a mixed trend, with ROE improving to 7.18% in June 2022 before experiencing a substantial surge to 42.70% by September 2022.
The trend continued positively into the following year, with ROE peaking at 55.66% by June 2023. However, the ROE gradually decreased in the subsequent quarters but remained relatively high above 30% until September 2024. By the end of December 2024, the ROE had decreased to 18.26%.
Overall, Core Natural Resources, Inc.'s ROE has depicted a volatile pattern with significant fluctuations. The company experienced both highs and lows in terms of profitability relative to shareholder equity during the period under review. Further analysis and examination of the company's financial and operational performance would be essential to understanding the factors driving these fluctuations in ROE.
Peer comparison
Dec 31, 2024