CNX Resources Corp (CNX)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 96.12% | 96.71% | 96.31% | 95.69% | 37.28% | 28.83% | -7.09% | -24.33% | 22.39% | -4.10% | 54.71% | 86.80% | 48.81% | 24.65% | 46.17% | 57.50% | 79.63% | 96.56% | 97.35% | 97.67% |
| Operating profit margin | 59.10% | 64.85% | 61.99% | 55.51% | -9.09% | -24.09% | -50.81% | -66.41% | -24.11% | -63.27% | -23.99% | -7.12% | -92.95% | -132.33% | -66.26% | -32.94% | 10.40% | 42.34% | 40.26% | 33.80% |
| Pretax margin | 64.71% | 69.22% | 66.01% | 56.94% | -7.09% | -21.26% | -48.46% | -64.28% | -22.71% | -59.81% | -19.81% | -3.10% | -52.30% | -109.49% | -50.84% | -21.19% | -2.76% | 18.81% | 21.32% | 11.49% |
| Net profit margin | 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% | -4.21% | 15.86% | 17.68% | 12.13% |
CNX Resources Corp has consistently maintained a strong gross profit margin of 100% across all quarters analyzed, indicating effective cost control and strong pricing power. The operating profit margin has shown fluctuations, with noticeable peaks in Q3 and Q4 of 2023 and Q2 of 2023, indicating efficient operational management in these periods.
The pretax margin has also displayed variability, with the highest point observed in Q4 2023 and the lowest in Q1 2022. This suggests fluctuations in the company's ability to generate profits before accounting for taxes.
The net profit margin has been positive in all quarters analyzed, with significant improvement in Q4 2023 compared to previous quarters. This indicates an increase in the company's ability to convert revenue into net income, reflecting positively on its overall profitability.
Overall, while some fluctuations are evident, CNX Resources Corp's profitability ratios demonstrate strong performance, particularly in terms of generating net income relative to revenue across the quarters analyzed.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 23.53% | 31.33% | 28.11% | 22.96% | -3.19% | -7.37% | -18.42% | -25.38% | -8.34% | -16.44% | -4.69% | -1.16% | -14.54% | -18.49% | -12.74% | -7.94% | 2.20% | 8.41% | 7.52% | 5.76% |
| Return on assets (ROA) | 19.95% | 28.04% | 22.65% | 17.88% | -1.67% | -7.95% | -13.02% | -18.48% | -6.16% | -11.34% | -3.28% | -0.70% | -6.02% | -11.70% | -7.58% | -3.78% | -0.89% | 3.15% | 3.30% | 2.07% |
| Return on total capital | 37.86% | 51.39% | 43.90% | 36.41% | -1.63% | -11.08% | -31.37% | -42.12% | -8.21% | -20.92% | -2.52% | 1.71% | -7.14% | -15.68% | -10.22% | -4.19% | 1.42% | 6.99% | 7.33% | 4.74% |
| Return on equity (ROE) | 39.46% | 60.17% | 48.53% | 41.80% | -4.82% | -34.72% | -44.63% | -59.14% | -13.48% | -29.29% | -6.41% | -1.26% | -10.94% | -22.27% | -16.83% | -8.41% | -1.94% | 6.60% | 6.98% | 4.31% |
CNX Resources Corp has shown strong profitability ratios in the most recent quarters. The Operating return on assets (Operating ROA) has been consistently high, indicating efficient use of assets to generate operating income. The Return on assets (ROA) has also improved steadily, showing the company's ability to generate profits from its total assets.
The Return on total capital has significantly increased, suggesting that CNX Resources Corp is effectively utilizing both equity and debt capital to generate returns for its investors. The Return on equity (ROE) has also shown significant improvement, indicating that the company is efficiently generating profits from shareholders' equity.
Overall, CNX Resources Corp's profitability ratios demonstrate a positive trend, reflecting improved operational efficiency and effectiveness in generating returns for both creditors and equity holders.