What is Cnx Res Corp's earnings per share (EPS)?

Cnx Res Corp (CNX) reported diluted earnings per share of $3.98 for fiscal year 2025. This represents a 763.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cnx Res Corp Financials

CNX

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Cnx Res Corp (CNX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CNX FY2025 2026-04-30

Operating cash flow stays sturdier than reported profit, funding a reinvestment-heavy business that carries little idle cash.

From FY2024 to FY2025, net income moved from -$90M to $633M, but operating cash flow stayed strong in both years. That gap points to a steadier cash engine than the income statement suggests, and FY2025 free cash flow of $534M shows a large share of cash still gets absorbed by sustaining investment.

Liquidity is deliberately thin: FY2025 ended with just $779K of cash and a current ratio of 0.4x, even though operating cash flow topped $1.0B. The business appears to rely on cash continuing to come in during the year, rather than parking a large balance on the balance sheet.

Free cash flow is being actively redirected rather than stockpiled: FY2025 buybacks of $524M almost equaled free cash flow of $534M. Because long-term debt also increased to $2.21B from FY2024, the cash surplus was used more to shrink share count than to build liquidity or reduce borrowings.

Financial Health Signals

Financial Health Score 25/100

Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Cnx Res Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Leverage

Liquidity

Cash Flow

Piotroski F-Score Partial

7/8

Cnx Res Corp passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.63x

For every $1 of reported earnings, Cnx Res Corp generates $1.63 in operating cash flow ($1.0B OCF vs $633.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.2B

YoY+76.8%

5Y CAGR+12.2%

10Y CAGR+6.4%

Cnx Res Corp generated $2.2B in revenue in fiscal year 2025. This represents an increase of 76.8% from the prior year.

EBITDA

N/A

Net Income

$633.2M

YoY+799.7%

Cnx Res Corp reported $633.2M in net income in fiscal year 2025. This represents an increase of 799.7% from the prior year.

EPS (Diluted)

$3.98

YoY+763.3%

Cnx Res Corp earned $3.98 per diluted share (EPS) in fiscal year 2025. This represents an increase of 763.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$534.0M

YoY+93.9%

5Y CAGR+11.6%

Cnx Res Corp generated $534.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 93.9% from the prior year.

Cash & Debt

$779K

YoY-95.5%

5Y CAGR-45.1%

10Y CAGR-35.8%

Cnx Res Corp held $779K in cash against $2.2B in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.00

Cnx Res Corp paid $0.00 per share in dividends in fiscal year 2025.

Shares Outstanding

142M

YoY-4.3%

5Y CAGR-8.3%

10Y CAGR-4.6%

Cnx Res Corp had 142M shares outstanding in fiscal year 2025. This represents a decrease of 4.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

28.3%

YoY+35.4pp

5Y CAGR+66.7pp

10Y CAGR+58.7pp

Cnx Res Corp's net profit margin was 28.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 35.4 percentage points from the prior year.

Return on Equity

14.6%

YoY+16.8pp

5Y CAGR+25.5pp

10Y CAGR+22.3pp

Cnx Res Corp's ROE was 14.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 16.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$523.6M

YoY+184.2%

5Y CAGR+69.7%

Cnx Res Corp spent $523.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 184.2% from the prior year.

Capital Expenditures

$495.0M

YoY-8.4%

5Y CAGR+0.3%

10Y CAGR-5.2%

Cnx Res Corp invested $495.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 8.4% from the prior year.

CNX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.2B+76.8%	$1.3B-63.1%	$3.4B+172.4%	$1.3B+66.7%	$756.8M-39.8%	$1.3B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$170.6M+13.3%	$150.6M+5.1%	$143.3M+12.2%	$127.7M-15.5%	$151.2M-11.5%	$170.8M
Income Tax	$169.8M+668.4%	-$29.9M-105.9%	$502.2M+818.8%	-$69.9M+49.3%	-$137.9M+20.8%	-$174.1M
Net Income	$633.2M+799.7%	-$90.5M-105.3%	$1.7B+1311.1%	-$142.1M+71.5%	-$498.6M-3.1%	-$483.8M
EPS (Diluted)	$3.98+763.3%	$-0.60-106.7%	$8.99+1298.7%	$-0.75+67.5%	$-2.31+4.9%	$-2.43

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$786.7M+28.9%	$610.5M+4.6%	$583.8M-39.3%	$962.4M+1068.2%	$82.4M-39.7%	$136.6M-67.8%	$424.2M+32.0%	$321.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$40.5M-3.6%	$42.0M-2.3%	$43.0M-2.4%	$44.0M+5.8%	$41.6M+13.7%	$36.6M-3.5%	$37.9M-1.8%	$38.6M
Income Tax	$80.3M+185.1%	$28.2M-55.7%	$63.6M-58.5%	$153.1M+303.9%	-$75.1M-52.1%	-$49.4M-390.1%	$17.0M+464.0%	$3.0M
Net Income	$348.1M+77.4%	$196.3M-2.9%	$202.1M-53.3%	$432.5M+318.8%	-$197.7M-36.7%	-$144.6M-320.7%	$65.5M+458.9%	-$18.3M
EPS (Diluted)	$2.18	N/A	$1.21-52.2%	$2.53+288.8%	$-1.34	N/A	$0.37+408.3%	$-0.12

CNX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$9.1B+6.8%	$8.5B-1.3%	$8.6B+1.3%	$8.5B+5.1%	$8.1B+0.7%	$8.0B
Current Assets	$490.3M+32.3%	$370.6M-12.1%	$421.8M-26.5%	$573.8M+24.8%	$459.8M+68.2%	$273.3M
Cash & Equivalents	$779K-95.5%	$17.2M+3782.2%	$443K-97.9%	$21.3M+498.1%	$3.6M-77.2%	$15.6M
Inventory	$26.2M+79.8%	$14.6M-26.6%	$19.8M-26.9%	$27.2M+341.8%	$6.1M-36.3%	$9.7M
Accounts Receivable	$264.7M+47.4%	$179.5M+54.6%	$116.1M-66.7%	$348.5M+5.6%	$330.1M+126.2%	$145.9M
Goodwill	$323.3M0.0%	$323.3M0.0%	$323.3M0.0%	$323.3M0.0%	$323.3M0.0%	$323.3M
Total Liabilities	$4.8B+7.8%	$4.4B+3.5%	$4.3B-23.4%	$5.6B+26.5%	$4.4B+21.6%	$3.6B
Current Liabilities	$1.1B+0.2%	$1.1B+36.4%	$823.0M-37.3%	$1.3B+37.5%	$954.6M+116.3%	$441.3M
Long-Term Debt	$2.2B+20.4%	$1.8B-2.7%	$1.9B-14.4%	$2.2B-0.4%	$2.2B-7.8%	$2.4B
Total Equity	$4.3B+5.8%	$4.1B-6.0%	$4.4B+47.8%	$3.0B-20.3%	$3.7B-16.3%	$4.4B
Retained Earnings	$2.0B+13.2%	$1.8B-11.5%	$2.0B+341.4%	$449.0M-48.9%	$877.9M-40.5%	$1.5B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$9.1B+0.4%	$9.1B+2.1%	$8.9B-0.9%	$9.0B-0.7%	$9.0B+6.3%	$8.5B-0.3%	$8.5B-0.8%	$8.6B
Current Assets	$458.3M-6.5%	$490.3M+35.9%	$360.9M-8.5%	$394.2M-7.3%	$425.4M+14.8%	$370.6M+11.3%	$332.9M-9.7%	$368.5M
Cash & Equivalents	$3.7M+381.1%	$779K-83.5%	$4.7M+39.6%	$3.4M+29.7%	$2.6M-84.8%	$17.2M+1212.8%	$1.3M-66.6%	$3.9M
Inventory	$30.1M+14.9%	$26.2M-15.0%	$30.8M-21.6%	$39.3M+42.5%	$27.6M+89.3%	$14.6M+12.4%	$13.0M-10.6%	$14.5M
Accounts Receivable	$209.5M-20.8%	$264.7M+87.3%	$141.3M-21.6%	$180.2M-27.0%	$246.8M+37.4%	$179.5M+76.4%	$101.8M-5.8%	$108.1M
Goodwill	$323.3M0.0%	$323.3M0.0%	$323.3M0.0%	$323.3M0.0%	$323.3M0.0%	$323.3M0.0%	$323.3M0.0%	$323.3M
Total Liabilities	$4.5B-5.3%	$4.8B-0.6%	$4.8B-2.2%	$4.9B-7.2%	$5.3B+19.5%	$4.4B+3.1%	$4.3B-1.6%	$4.4B
Current Liabilities	$927.7M-17.5%	$1.1B+5.5%	$1.1B-11.1%	$1.2B-24.3%	$1.6B+41.0%	$1.1B+25.7%	$892.7M-0.1%	$893.4M
Long-Term Debt	$2.2B-2.5%	$2.2B-1.5%	$2.2B-1.7%	$2.3B-2.8%	$2.4B+28.0%	$1.8B-6.1%	$2.0B+0.1%	$2.0B
Total Equity	$4.6B+6.7%	$4.3B+5.4%	$4.1B+0.6%	$4.1B+8.5%	$3.8B-8.0%	$4.1B-3.7%	$4.3B+0.1%	$4.3B
Retained Earnings	$2.3B+14.6%	$2.0B+6.4%	$1.9B+3.8%	$1.8B+23.9%	$1.5B-17.3%	$1.8B-8.4%	$1.9B+1.1%	$1.9B

CNX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.0B+26.1%	$815.8M+0.1%	$814.6M-34.0%	$1.2B+33.3%	$926.4M+16.5%	$795.1M
Capital Expenditures	$495.0M-8.4%	$540.3M-20.5%	$679.4M+20.1%	$565.8M+21.4%	$465.9M-4.4%	$487.3M
Free Cash Flow	$534.0M+93.9%	$275.4M+103.8%	$135.2M-79.8%	$669.3M+45.3%	$460.5M+49.6%	$307.8M
Investing Cash Flow	-$900.9M-86.0%	-$484.5M+4.9%	-$509.4M+3.6%	-$528.3M-25.6%	-$420.6M+4.2%	-$439.0M
Financing Cash Flow	-$169.7M+38.7%	-$276.7M+15.2%	-$326.1M+52.7%	-$689.0M-31.5%	-$523.8M-49.3%	-$350.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$523.6M+184.2%	$184.2M-42.4%	$319.9M-43.4%	$565.1M+130.4%	$245.2M+558.4%	$37.2M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$277.5M-6.6%	$297.0M+27.1%	$233.8M-17.3%	$282.5M+31.0%	$215.7M-19.8%	$268.8M+58.0%	$170.2M-11.3%	$191.8M
Capital Expenditures	$169.9M-2.6%	$174.4M+130.9%	$75.5M-33.5%	$113.6M-13.6%	$131.5M+24.6%	$105.5M-8.1%	$114.7M-24.5%	$151.9M
Free Cash Flow	$107.6M-12.3%	$122.6M-22.5%	$158.2M-6.3%	$168.9M+100.6%	$84.2M-48.4%	$163.3M+194.7%	$55.4M+39.1%	$39.8M
Investing Cash Flow	-$148.3M+9.9%	-$164.6M-2024.4%	-$7.8M+91.8%	-$94.9M+85.0%	-$633.6M-802.3%	-$70.2M+36.2%	-$110.0M+23.9%	-$144.5M
Financing Cash Flow	-$136.5M-0.2%	-$136.3M+39.3%	-$224.6M-21.7%	-$184.6M-149.1%	$375.8M+359.5%	-$144.8M-130.9%	-$62.7M-38.5%	-$45.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$54.0M-46.1%	$100.3M-45.0%	$182.4M+57.6%	$115.7M-7.5%	$125.1M+400.4%	$25.0M-60.3%	$63.0M+41.9%	$44.4M

CNX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	28.3%+35.4pp	-7.1%-57.2pp	50.1%+61.4pp	-11.3%+54.6pp	-65.9%-27.4pp	-38.5%
Return on Equity	14.6%+16.8pp	-2.2%-41.7pp	39.5%+44.3pp	-4.8%+8.7pp	-13.5%-2.5pp	-10.9%
Return on Assets	7.0%+8.0pp	-1.1%-21.0pp	20.0%+21.6pp	-1.7%+4.5pp	-6.2%-0.1pp	-6.0%
Current Ratio	0.44+0.1	0.33-0.2	0.51+0.1	0.44-0.0	0.48-0.1	0.62
Debt-to-Equity	0.51+0.1	0.45+0.0	0.43-0.3	0.75+0.1	0.60+0.1	0.54
FCF Margin	23.8%+2.1pp	21.7%+17.8pp	3.9%-49.1pp	53.1%-7.8pp	60.9%+36.4pp	24.5%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	44.3%+12.1pp	32.1%-2.5pp	34.6%-10.3pp	44.9%+284.9pp	-240.0%-134.1pp	-105.9%-121.3pp	15.4%+21.1pp	-5.7%
Return on Equity	7.5%+3.0pp	4.5%-0.4pp	4.9%-5.7pp	10.6%+15.8pp	-5.2%-1.7pp	-3.5%-5.1pp	1.5%+2.0pp	-0.4%
Return on Assets	3.8%+1.7pp	2.2%-0.1pp	2.3%-2.5pp	4.8%+7.0pp	-2.2%-0.5pp	-1.7%-2.5pp	0.8%+1.0pp	-0.2%
Current Ratio	0.49+0.1	0.44+0.1	0.340.0	0.33+0.1	0.27-0.1	0.33-0.0	0.37-0.0	0.41
Debt-to-Equity	0.47-0.0	0.51-0.0	0.55-0.0	0.56-0.1	0.62+0.2	0.45-0.0	0.460.0	0.46
FCF Margin	13.7%-6.4pp	20.1%-7.0pp	27.1%+9.6pp	17.5%-84.6pp	102.2%-17.4pp	119.6%+106.5pp	13.1%+0.7pp	12.4%

Note: The current ratio is below 1.0 (0.44), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Cnx Res Corp's annual revenue?

Cnx Res Corp (CNX) reported $2.2B in total revenue for fiscal year 2025. This represents a 76.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Cnx Res Corp's revenue growing?

Cnx Res Corp (CNX) revenue grew by 76.8% year-over-year, from $1.3B to $2.2B in fiscal year 2025.

Is Cnx Res Corp profitable?

Yes, Cnx Res Corp (CNX) reported a net income of $633.2M in fiscal year 2025, with a net profit margin of 28.3%.

How much debt does Cnx Res Corp have?

As of fiscal year 2025, Cnx Res Corp (CNX) had $779K in cash and equivalents against $2.2B in long-term debt.

What is Cnx Res Corp's net profit margin?

Cnx Res Corp (CNX) had a net profit margin of 28.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Cnx Res Corp's return on equity (ROE)?

Cnx Res Corp (CNX) has a return on equity of 14.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Cnx Res Corp's free cash flow?

Cnx Res Corp (CNX) generated $534.0M in free cash flow during fiscal year 2025. This represents a 93.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Cnx Res Corp's operating cash flow?

Cnx Res Corp (CNX) generated $1.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Cnx Res Corp's total assets?

Cnx Res Corp (CNX) had $9.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Cnx Res Corp's capital expenditures?

Cnx Res Corp (CNX) invested $495.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Cnx Res Corp buy back shares?

Yes, Cnx Res Corp (CNX) spent $523.6M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Cnx Res Corp have outstanding?

Cnx Res Corp (CNX) had 142M shares outstanding as of fiscal year 2025.

What is Cnx Res Corp's current ratio?

Cnx Res Corp (CNX) had a current ratio of 0.44 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Cnx Res Corp's debt-to-equity ratio?

Cnx Res Corp (CNX) had a debt-to-equity ratio of 0.51 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Cnx Res Corp's return on assets (ROA)?

Cnx Res Corp (CNX) had a return on assets of 7.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Cnx Res Corp's Piotroski F-Score?

Cnx Res Corp (CNX) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Cnx Res Corp's earnings high quality?

Cnx Res Corp (CNX) has an earnings quality ratio of 1.63x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Cnx Res Corp?

Cnx Res Corp (CNX) scores 25 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.