Core Natural Resources, Inc. (CNR)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 352,839 | 498,150 | 508,717 | 649,088 | 807,197 | 871,668 | 946,763 | 896,946 | 621,077 | 550,947 | 209,448 | 58,279 | 98,749 | -46,053 | 197,045 | 171,555 | 144,759 | 149,533 | 69,474 | 146,566 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | 342,110 | 413,645 | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 22.50% | 62.52% | 39.31% | 46.74% | 60.08% | 66.60% | 70.91% | 70.02% | 41.19% | 41.42% | 11.99% | 4.29% | 8.39% | -4.14% | 41.12% | 37.49% | 32.77% | 35.58% | 18.37% | 42.13% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $352,839K ÷ ($—K + $1,568,250K)
= 22.50%
Core Natural Resources, Inc.'s return on total capital has fluctuated over the periods provided. It started strong at 42.13% in March 2020 but dipped to 18.37% in June 2020. Thereafter, it improved to 35.58% in September 2020 and remained relatively steady, around 32-37%, until December 2021. However, starting from September 2021, the return on total capital experienced a significant downturn, dropping to -4.14%. Throughout 2022, there was a gradual recovery, reaching 41.42% by September 2022. The trend continued positively into 2023, with returns exceeding 60% in all quarters. However, in December 2024, there was a notable decrease to 22.50%.
Overall, the return on total capital for Core Natural Resources, Inc. has shown both periods of stability and volatility. It is essential for stakeholders to monitor these fluctuations to assess the company's performance and financial health accurately.
Peer comparison
Dec 31, 2024