Core Natural Resources, Inc.

CNRNYSEEnergy● Active

$93.63

+$0.19(+0.20%)

Market Cap$4.7B

P/E Ratio—

52W High$114.8

52W Low$64.57

Avg Volume937K

Open$95.16

Beta0.13

Overview

Core Natural Resources, Inc. (CNR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CNR · free cash flow · updated Jun 8, 2026

Core FCF metrics

CNR · FCF · TTM · margin & CAGR

Free cash flow was $21.2M for FY2025 (fiscal year ending 2025-12-31), down 92.9% year-over-year The FCF margin was 0.5%. Five-year CAGR stands at -13.3%.

FY2025 Free Cash Flow$21.2M▼ -92.9% YoY

Trailing 12M (TTM)$241.9Mtrailing 4 quarters sum

FCF Margin0.5%$21.2M ÷ revenue

3-Year CAGR-64.7%FY2022 → FY2025

5-Year CAGR-13.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CNR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$305.8M(285M)$21.2M▼ 92.9%0.5%

FY2024$476.4M(178M)$298.4M▼ 56.8%13.9%

FY2023$857.9M(168M)$690.2M▲ +43.9%27.5%

FY2022$651.0M(172M)$479.5M▲ +177.5%21.0%

FY2021$305.6M(133M)$172.8M▲ +298.9%13.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CNR · P/FCF · FCF yield · FCF per share

Core Natural Resources, Inc. (CNR) trades at a FCF yield of 5.14% and a price-to-free-cash-flow ratio of 19.9x. FCF per share stands at $4.71, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.14%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.71

TTM FCF ÷ Shares Outstanding

Price / FCF

x19.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x19.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CNR · cash flow statement · operating / investing / financing

For FY2025, Core Natural Resources, Inc. generated $305.8M in operating cash flow and spent 285M in capital expenditures, yielding $21.2M in free cash flow.

Operating Activities

+$305.8M

Cash from core business operations

2025-12-31

Investing Activities

+$47.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$199.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($305.8M) − |CapEx| (285M) = FCF ($21.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

CNR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Core Natural Resources, Inc.YOU

CNR

$21.2M-92.9%0.5%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Core Natural Resources, Inc. (CNR) reported free cash flow of $21.2M for FY2025 (fiscal year ending 2025-12-31), down 92.9% year-over-year. The FCF margin was 0.5%.

Based on available data, Core Natural Resources, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $690.2M in FY2023. The 5-year CAGR stands at -13.3%.

Core Natural Resources, Inc.'s FCF yield is 5.14% and price-to-FCF ratio is 19.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CNR free cash flow · 8 questions

Core Natural Resources, Inc. free cash flow was $21.2M for FY2025, down 92.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $241.9M.

CNR free cash flowCNR FCFCNR FCF 2025CNR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Core Natural Resources, Inc. · Core Natural Resources, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026