CNX Resources Corp (CNX)

Net profit margin

		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	-90,494	568,115	523,956	1,017,172	1,720,716	2,381,311	1,932,858	1,491,260	-142,076	-686,343	-1,132,192	-1,519,608	-498,642	-933,197	-264,974	-56,664	-483,775	-950,941	-630,705	-322,479
Revenue (ttm)	US$ in thousands	1,266,787	2,098,976	2,025,269	2,543,526	3,434,953	4,103,016	3,869,571	3,450,289	2,987,605	2,641,965	3,151,913	3,143,144	2,802,921	2,138,434	1,577,500	1,314,692	1,257,978	1,136,022	1,599,944	2,056,135
Net profit margin		-7.14%	27.07%	25.87%	39.99%	50.09%	58.04%	49.95%	43.22%	-4.76%	-25.98%	-35.92%	-48.35%	-17.79%	-43.64%	-16.80%	-4.31%	-38.46%	-83.71%	-39.42%	-15.68%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-90,494K ÷ $1,266,787K
= -7.14%

CNX Resources Corp's net profit margin has shown a volatile trend over the period from March 31, 2020, to December 31, 2024. The company experienced negative net profit margins in most quarters, indicating that its expenses exceeded its revenue during those periods. Notably, the net profit margin hit its lowest point at -83.71% in September 30, 2020, indicating significant losses relative to its revenue at that time.

However, the company's net profit margin started to improve in the following quarters, gradually moving from negative percentages to positive ones. By March 31, 2023, the net profit margin reached 43.22%, indicating a substantial increase in profitability compared to the previous periods. This positive trend continued through the end of the data period on December 31, 2024, where the net profit margin stood at 27.07%.

The shift from negative to positive net profit margins suggests that CNX Resources Corp implemented strategies to improve its efficiency and control costs, leading to enhanced profitability. It is essential for investors and stakeholders to monitor this metric consistently to assess the company's financial health and performance over time.