Company Analysis

Core Natural Resources, Inc. (CNR)

NYSE: CNR · Silver Ores · Canonsburg, PA · filing with the SEC since 2017
Grade5.6
◀ Past 7.1● Present 4.1▶ Future 5.5

The grade of Core Natural Resources, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past7.140% of the headline
● Present4.135% of the headline
▶ Future5.525% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.1/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.8/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 78th percentile among 9 sector filers · read for itself

From the record

Core Natural Resources, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.9/10

What has it actually done, year after year?

+15.4% a year over 10 filed years; profitable in 8 of 10.

weight 33% of this tense · 69th percentile among 9 sector filers · read for its customers

From the record

Core Natural Resources, Inc.'s 10 filed years say what it did: revenue went from $1.1 billion in fiscal 2016 to $4.2 billion in fiscal 2025, up 15.4% a year; it rose in 6 of 9 years; the deepest fall was 40% from fiscal 2018 to fiscal 2020; net income was positive in 8 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span15.4%top 31% of its family
  • the share of years revenue rosetop 28% of its family
  • the share of filed years with a profittop 28% of its family
  • the deepest fall from a revenue peak40.3%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.9/10

How has it treated the people who own it?

Share count grew 12.9% a year. 50% of cash flow returned. Insiders: 9 sales, 0 purchases.

weight 22% of this tense · 59th percentile among 5 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Core Natural Resources, Inc.'s diluted share count grew about 12.9% a year, and dividends and buybacks returned about 50% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 9 sales (3 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 25% of its family
  • cash returned against operating cash flowtop 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.1/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
2.8/10

Is it financially healthy right now?

ROE -4%: lost 4¢ per shareholder dollar. Leverage 40%: owes 40¢ per asset dollar.

weight 45% of this tense · 28th percentile among 8 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Core Natural Resources, Inc. lost about 4 cents for every dollar of shareholders' money. Leverage: it owed about 40 cents per dollar of assets, and net share issuance: its share count grew 72.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 44% of its family
  • return on equitybottom 31% of its family
  • the share count against the year beforebottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.3/10

How strong is its position in its industry?

top 27% of 8 in its family; net margin -3.7%.

weight 33% of this tense · 73rd percentile among 8 sector filers · read for its customers

From the record

Core Natural Resources, Inc.'s standing among 8 graded names in its industry family: revenue of $4.2 billion in fiscal 2025 ranks in the top 6% by size; a net margin of -3.7% ranks in the bottom 31%; revenue growth of 22.2% a year over the last 3 filed years ranks in the top 6% (its annual reports).

What it rests on

  • revenue against the family$4.16Btop 6% of its family
  • net margin-3.7%bottom 31% of its family
  • three-year revenue growth22.2%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.9/10

What are the people in charge doing?

bottom 19% of 8 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 19th percentile among 8 sector filers · read for its shareholders

From the record

Core Natural Resources, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Brock, James A (Executive Chair and CEO, as filed), filing under that title since 2025-11-14, 12 months (bottom 6% of its family); most of the 16 officers and directors filing now have filed since the record of its people begins (2025-01-14), a floor of 1.8 years the record cannot see past, so that part is not read; 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (bottom 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 16 peoplebottom 31% of its family
  • the chief executive's years on the record1.0 yearsbottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.5/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.4/10

How much room does it have to grow?

bottom 44% of 7 in its family for room to expand.

weight 22% of this tense · 44th percentile among 7 sector filers · read for itself

From the record

Core Natural Resources, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $432 million against debt of $395 million leaves 0.6% of its assets as net cash, bottom 39% of its family; cash from operations less capital spending is 0.5% of revenue (top 50%) (its annual report).

What it rests on

  • cash less debt against assets0.6%bottom 39% of its family
  • cash from operations less capital spending against revenue0.5%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.3/10

What could actually drive growth from here?

top 27% of 8 in its family for growth drivers.

weight 33% of this tense · 73rd percentile among 8 sector filers · read for its customers

From the record

Core Natural Resources, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 22.2% a year over the last three filed years against 15.4% over all 10, speeding up (top 6% of its family); the newest year grew 92.5% (top 6%); capital spending grew 18.4% a year (bottom 31%) (its annual reports). Core Natural Resources, Inc. reported 4 lines of business in fiscal 2025: High CV Thermal at $2.2 billion (53%), Metallurgical at $1.2 billion (29%), PRB at $719 million (17%), and 1 more; 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+6.8 points a yeartop 6% of its family
  • the newest year's revenue growth92.5%top 6% of its family
  • three-year growth of capital spending18.4%bottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.7/10

Did its newest year beat what its own record pointed to?

bottom 47% of 8 in its family for expectations against reality.

weight 45% of this tense · 47th percentile among 8 sector filers · read for its shareholders

From the record

Core Natural Resources, Inc.'s newest year against its own record: revenue of $4.2 billion in fiscal 2025 came in 97.5% above the $2.1 billion its prior three years' pace pointed to (top 6% of its family); net income of $153 million against a prior three-year average of $470 million (bottom 28%); a net margin of -3.7% against 20% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace97.5%top 6% of its family
  • net income against the prior three years' average-133%bottom 28% of its family
  • net margin against its prior average-23.6 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CNR · research, not advice