CNX Resources Corp (CNX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -90,494 | 1,720,720 | -142,077 | -498,643 | -483,775 |
| Revenue | US$ in thousands | 1,266,790 | 3,434,950 | 1,261,210 | 756,792 | 1,257,980 |
| Net profit margin | -7.14% | 50.09% | -11.27% | -65.89% | -38.46% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-90,494K ÷ $1,266,790K
= -7.14%
Based on the provided data for CNX Resources Corp's net profit margin over the years, there have been significant fluctuations in the company's profitability. In December 31, 2020, the net profit margin was -38.46%, indicating that the company experienced a loss relative to its revenue. This negative trend worsened in December 31, 2021, with the net profit margin deteriorating to -65.89%.
However, there was a notable turnaround in December 31, 2023, where CNX Resources Corp achieved a positive net profit margin of 50.09%, indicating that the company generated a significant profit relative to its revenue during that year. This positive performance was followed by a decline in profitability in December 31, 2024, with the net profit margin dropping to -7.14%.
The fluctuations in CNX Resources Corp's net profit margin suggest volatility in the company's financial performance. It is essential for stakeholders to closely monitor these changes to understand the factors influencing the profitability of the company and assess its overall financial health.
Peer comparison
Dec 31, 2024