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Core Natural Resources, Inc. (CNR) Fundamental Analysis & AI Grade 2026

CNR NYSE Silver Ores DC CIK: 0001710366
Update Pending • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
73% Confidence
AGREEMENT
C
70% Conf
B
76% Conf

📊 CNR Key Takeaways

Revenue: $1.1B
Net Margin: 1.9%
Free Cash Flow: $46.3M
Current Ratio: 1.70x
Debt/Equity: 0.11x
EPS: $0.41
AI Grade: C with 70% confidence
Core Natural Resources, Inc. (CNR) receives a C fundamental grade with 73% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.1B, net profit margin of 1.9%, and return on equity (ROE) of 0.6%, Core Natural Resources, Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete CNR stock analysis for 2026.

Is Core Natural Resources, Inc. (CNR) a Good Investment?

Claude

Core Natural Resources exhibits strong revenue growth of 86.2% but suffers a catastrophic profitability collapse with net income declining 153.5% YoY, indicating severe operational margin compression in a commodity-sensitive sector. While the balance sheet remains strong with low leverage and positive free cash flow of $46.3M, the deterioration in returns (ROE 0.6%, ROA 0.3%) and razor-thin margins (1.9% net, 3.0% operating) suggest structural challenges that outweigh growth benefits.

ChatGPT

Core Natural Resources shows strong top-line growth and a solid balance sheet, with low leverage and adequate liquidity supporting resilience. However, that growth is not translating into profits, as operating and net income are negative and free cash flow remains very thin, which weakens the quality of the current fundamentals. The company appears financially stable, but fundamental performance is mixed until margins and cash generation improve materially.

Core Natural Resources, Inc. Key Strengths (CNR)

Claude
  • + Strong revenue growth of 86.2% year-over-year demonstrates market demand
  • + Conservative balance sheet with low debt/equity ratio of 0.11x and adequate cash position of $412.7M
  • + Positive free cash flow of $46.3M and operating cash flow of $119.4M support operational liquidity
ChatGPT
  • + Revenue growth is very strong at 86.2% YoY
  • + Balance sheet is healthy with low debt-to-equity of 0.11x and substantial equity base
  • + Operating cash flow is positive and liquidity is adequate with a 1.60x current ratio

CNR Stock Risks: Core Natural Resources, Inc. Investment Risks

Claude
  • ! Severe profitability collapse with net income down 153.5% despite revenue growth signals margin compression and operational distress
  • ! Critically thin margins (1.9% net margin, 3.0% operating margin) indicate inability to convert revenue growth to earnings
  • ! Abysmal returns on equity (0.6%) and assets (0.3%) suggest poor capital allocation and value destruction despite balance sheet strength
ChatGPT
  • ! Profitability is weak, with negative operating margin, net margin, ROE, and ROA
  • ! Interest coverage is deeply negative, indicating earnings are not currently supporting financing costs
  • ! Free cash flow is minimal relative to revenue, suggesting limited cash conversion after capital spending

Key Metrics to Watch

Claude
  • * Gross margin and operating margin trend reversal or continued compression
  • * Return on equity and return on assets improvement trajectory
  • * Operating cash flow sustainability relative to capital expenditure requirements
ChatGPT
  • * Operating margin trend
  • * Free cash flow generation

Core Natural Resources, Inc. (CNR) Financial Metrics & Key Ratios

Revenue
$1.1B
Net Income
$21.0M
EPS (Diluted)
$0.41
Free Cash Flow
$46.3M
Total Assets
$6.1B
Cash Position
$412.7M

💡 AI Analyst Insight

The relatively thin 4.3% FCF margin may limit capital allocation flexibility.

CNR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 3.0%
Net Margin 1.9%
ROE 0.6%
ROA 0.3%
FCF Margin 4.3%

CNR vs Market Sector: How Core Natural Resources, Inc. Compares

How Core Natural Resources, Inc. compares to Market sector averages

Net Margin
CNR 1.9%
vs
Sector Avg 12.0%
CNR Sector
ROE
CNR 0.6%
vs
Sector Avg 15.0%
CNR Sector
Current Ratio
CNR 1.7x
vs
Sector Avg 1.8x
CNR Sector
Debt/Equity
CNR 0.1x
vs
Sector Avg 0.7x
CNR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Core Natural Resources, Inc. Stock Overvalued? CNR Valuation Analysis 2026

Based on fundamental analysis, Core Natural Resources, Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
0.6%
Sector avg: 15%
Net Profit Margin
1.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.11x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Core Natural Resources, Inc. Balance Sheet: CNR Debt, Cash & Liquidity

Current Ratio
1.70x
Quick Ratio
1.21x
Debt/Equity
0.11x
Debt/Assets
39.6%
Interest Coverage
6.11x
Long-term Debt
$411.6M

CNR Revenue & Earnings Growth: 5-Year Financial Trend

CNR 5-year financial data: Year 2021: Revenue $1.4B, Net Income $76.0M, EPS $2.81. Year 2022: Revenue $2.3B, Net Income -$9.8M, EPS $-0.37. Year 2023: Revenue $2.5B, Net Income $34.1M, EPS $0.96. Year 2024: Revenue $2.5B, Net Income $467.0M, EPS $13.07. Year 2025: Revenue $4.2B, Net Income $655.9M, EPS $19.79.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Core Natural Resources, Inc.'s revenue has grown significantly by 203% over the 5-year period, indicating strong business expansion. The most recent EPS of $19.79 reflects profitable operations.

CNR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.3%
Free cash flow / Revenue

CNR Quarterly Earnings & Performance

Quarterly financial performance data for Core Natural Resources, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.0B $21.0M $0.41
Q3 2025 $553.4M $31.6M $0.61
Q2 2025 $490.7M -$36.6M $-0.70
Q1 2025 $546.7M -$69.3M $-1.38
Q3 2024 $540.7M $58.1M $3.11
Q2 2024 $490.7M $58.1M $1.96
Q1 2024 $546.7M $101.9M $3.39
Q3 2023 $530.0M -$4.5M $3.11

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Core Natural Resources, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$119.4M
Cash generated from operations
Stock Buybacks
$41.9M
Shares repurchased (TTM)
Capital Expenditures
$73.1M
Investment in assets
Dividends Paid
$5.1M
Returned to shareholders

CNR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Core Natural Resources, Inc. (CIK: 0001710366)

📋 Recent SEC Filings

Date Form Document Action
Jun 4, 2026 8-K cnr-20260604.htm View →
May 19, 2026 8-K cnr-20260513.htm View →
May 7, 2026 10-Q cnr-20260331.htm View →
May 7, 2026 8-K cnr-20260507.htm View →
May 4, 2026 8-K cnr-20260429.htm View →

Frequently Asked Questions about CNR

What is the AI rating for CNR?

Core Natural Resources, Inc. (CNR) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CNR's key strengths?

Claude: Strong revenue growth of 86.2% year-over-year demonstrates market demand. Conservative balance sheet with low debt/equity ratio of 0.11x and adequate cash position of $412.7M. ChatGPT: Revenue growth is very strong at 86.2% YoY. Balance sheet is healthy with low debt-to-equity of 0.11x and substantial equity base.

What are the risks of investing in CNR?

Claude: Severe profitability collapse with net income down 153.5% despite revenue growth signals margin compression and operational distress. Critically thin margins (1.9% net margin, 3.0% operating margin) indicate inability to convert revenue growth to earnings. ChatGPT: Profitability is weak, with negative operating margin, net margin, ROE, and ROA. Interest coverage is deeply negative, indicating earnings are not currently supporting financing costs.

What is CNR's revenue and growth?

Core Natural Resources, Inc. reported revenue of $1.1B.

Does CNR pay dividends?

Core Natural Resources, Inc. pays dividends, with $5.1M distributed to shareholders in the trailing twelve months.

Where can I find CNR SEC filings?

Official SEC filings for Core Natural Resources, Inc. (CIK: 0001710366) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CNR's EPS?

Core Natural Resources, Inc. has a diluted EPS of $0.41.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CNR's fundamental grade?

Based on our AI fundamental analysis in June 2026, Core Natural Resources, Inc. has a C grade with 73% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CNR stock overvalued or undervalued?

Valuation metrics for CNR: ROE of 0.6% (sector avg: 15%), net margin of 1.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is CNR's AI grade for 2026?

Our dual AI analysis gives Core Natural Resources, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CNR's free cash flow?

Core Natural Resources, Inc.'s operating cash flow is $119.4M, with capital expenditures of $73.1M. FCF margin is 4.3%.

How does CNR compare to other Market stocks?

Vs Default sector averages: Net margin 1.9% (avg: 12%), ROE 0.6% (avg: 15%), current ratio 1.70 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI