CNR FY 2024 Earnings Report — Core Natural Resources, Inc. Revenue & Financial Results | Market Cap Arena

Core Natural Resources, Inc.CNR

FY 2024 Earnings

Reported March 14, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$2.1B	—	$2.5B	—	-14.3%
Op. Income	$265M	—	$748M	—	-64.5%
Gross Margin	76.8%	—	78.6%	—	-1.8pp
Net Margin	13.3%	—	26.2%	—	-12.8pp
EPS (Diluted)	$9.65	—	$19.79	—	-51.2%
Free Cash Flow	$298M	—	$690M	—	-56.8%

Revenue Flow

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$498M
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$115M
SG&A Expenses	$115M
Other Expenses	$1.3B
Operating Expenses	$1.4B
Cost & Expenses	$1.9B
OPERATING INCOME	$265M
Interest Income	$19M
Interest Expense	$22M
Other Income/Expenses	$65M
INCOME BEFORE TAX	$331M
Income Tax Expense	$44M
Net Income from Continuing Ops	$286M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$286M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$286M
D&A	$224M
EBIT	$353M
EBITDA	$576M
EPS	$10
EPS Diluted	$10

Income Statement

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$498M
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$115M
SG&A Expenses	$115M
Other Expenses	$1.3B
Operating Expenses	$1.4B
Cost & Expenses	$1.9B
OPERATING INCOME	$265M
Interest Income	$19M
Interest Expense	$22M
Other Income/Expenses	$65M
INCOME BEFORE TAX	$331M
Income Tax Expense	$44M
Net Income from Continuing Ops	$286M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$286M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$286M
D&A	$224M
EBIT	$353M
EBITDA	$576M
EPS	$10
EPS Diluted	$10

Cash Flow Statement

Item	Amount
Net Income	$286M
Depreciation & Amortization	$0
Stock-Based Compensation	$6M
Deferred Income Tax	$9M
Other Non-Cash Items	$223M
Change in Working Capital	-$48M
OPERATING CASH FLOW	$476M
Capital Expenditure	-$178M
Acquisitions (Net)	$0
Purchases of Investments	-$67M
Sales/Maturities of Investments	$101M
Other Investing Activities	-$21M
NET CASH FROM INVESTING	-$165M
Net Debt Issuance	-$11M
Common Stock Repurchased	-$71M
Common Dividends Paid	-$16M
Other Financing Activities	-$9M
NET CASH FROM FINANCING	-$107M
FREE CASH FLOW	$298M
Net Change in Cash	$204M

Balance Sheet

Item	Amount
Cash & Equivalents	$408M
Short-Term Investments	$52M
Net Receivables	$163M
Inventory	$96M
Other Current Assets	$67M
TOTAL CURRENT ASSETS	$786M
PP&E (Net)	$1.9B
Goodwill	$1.1B
Intangible Assets	$2.4B
Long-Term Investments	$12M
Tax Assets	$0
Other Non-Current Assets	-$3.3B
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$2.9B
Account Payables	$144M
Short-Term Debt	$113M
Deferred Revenue	$0
Other Current Liabilities	$124M
TOTAL CURRENT LIABILITIES	$519M
Long-Term Debt	$80M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$49M
Other Non-Current Liabilities	$643M
TOTAL NON-CURRENT LIABILITIES	$793M
TOTAL LIABILITIES	$1.3B
Common Stock	$294.0K
Additional Paid-In Capital	$540M
Retained Earnings	$1.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$135M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.6B
Minority Interest	$0
TOTAL EQUITY	$1.6B
TOTAL LIABILITIES & EQUITY	$2.9B
Total Debt	$214M
Net Debt	-$195M