Core Natural Resources(Cnr) Financials: Gross Profit Margin Compared To Industry Average, Plus Other Key Ratios

Company Report for CNR

Report - gross profit margin

This chart shows the historical trend of gross profit margin for CNR compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Gross Profit Margin

Definition: Gross profit margin shows how much profit the company keeps from each dollar of sales after covering the direct cost of making its products or delivering services. High margins suggest strong pricing power or efficient production. Shrinking margins might mean rising costs or tougher competition eating into profits.

Interpretation:
• In '2021', CNR's gross profit margin was 74.0%, showing profitability after production and operational costs. Industry average for Coal Mining in '2021' stood at 36.0%.
• In '2022', CNR's gross profit margin was 82.0%, showing profitability after production and operational costs. The increase since '2021' reflects strengthening financial performance. Industry average for Coal Mining in '2022' stood at 48.4%. Industry average increased by 12.5% compared to previous year.
• In '2023', CNR's gross profit margin was 78.6%, showing profitability after production and operational costs. The decline from '2022' may indicate some operational or financial challenges. Industry average for Coal Mining in '2023' stood at 41.1%. Industry average declined by 7.3% from previous year.
• In '2024', CNR's gross profit margin was 76.8%, showing profitability after production and operational costs. The decline from '2023' may indicate some operational or financial challenges. Industry average for Coal Mining in '2024' stood at -21.7%. Industry average declined by 62.8% from previous year.
Overall, CNR's gross profit margin has steadily improved over the past 4 years.

Formula: Gross Profit Margin = (Revenue - COGS) / Revenue

Good Range: Often 20%-60% depending on industry.