CNX RESOURCES CORP (CNX) Stock Fundamental Analysis

NYSE:CNX • US12653C1080

40.47 USD
-0.2 (-0.49%)
At close: Feb 20, 2026
40.06 USD
-0.41 (-1.01%)
After Hours: 2/20/2026, 8:25:24 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall CNX gets a fundamental rating of 5 out of 10. We evaluated CNX against 206 industry peers in the Oil, Gas & Consumable Fuels industry. CNX scores excellent on profitability, but there are concerns on its financial health. CNX has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • CNX had positive earnings in the past year.
  • CNX had a positive operating cash flow in the past year.
  • In multiple years CNX reported negative net income over the last 5 years.
  • Each year in the past 5 years CNX had a positive operating cash flow.
CNX Yearly Net Income VS EBIT VS OCF VS FCFCNX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B

1.2 Ratios

  • With a decent Return On Assets value of 6.96%, CNX is doing good in the industry, outperforming 77.18% of the companies in the same industry.
  • CNX has a Return On Equity of 14.60%. This is in the better half of the industry: CNX outperforms 76.70% of its industry peers.
  • CNX's Return On Invested Capital of 7.71% is fine compared to the rest of the industry. CNX outperforms 72.33% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CNX is significantly below the industry average of 21.98%.
  • The last Return On Invested Capital (7.71%) for CNX is above the 3 year average (4.26%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 6.96%
ROE 14.6%
ROIC 7.71%
ROA(3y)8.62%
ROA(5y)3.6%
ROE(3y)17.28%
ROE(5y)6.71%
ROIC(3y)4.26%
ROIC(5y)10.76%
CNX Yearly ROA, ROE, ROICCNX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20

1.3 Margins

  • The Profit Margin of CNX (32.32%) is better than 88.83% of its industry peers.
  • CNX's Operating Margin of 39.79% is amongst the best of the industry. CNX outperforms 87.86% of its industry peers.
  • In the last couple of years the Operating Margin of CNX has declined.
  • The Gross Margin of CNX (71.60%) is better than 83.01% of its industry peers.
  • CNX's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 39.79%
PM (TTM) 32.32%
GM 71.6%
OM growth 3Y-16.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.66%
GM growth 5Y5.42%
CNX Yearly Profit, Operating, Gross MarginsCNX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100 -100

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • CNX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • CNX has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, CNX has less shares outstanding
  • CNX has a worse debt/assets ratio than last year.
CNX Yearly Shares OutstandingCNX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
CNX Yearly Total Debt VS Total AssetsCNX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • CNX has an Altman-Z score of 1.45. This is a bad value and indicates that CNX is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of 1.45, CNX perfoms like the industry average, outperforming 53.40% of the companies in the same industry.
  • CNX has a debt to FCF ratio of 4.59. This is a neutral value as CNX would need 4.59 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 4.59, CNX is doing good in the industry, outperforming 66.99% of the companies in the same industry.
  • CNX has a Debt/Equity ratio of 0.52. This is a neutral value indicating CNX is somewhat dependend on debt financing.
  • CNX has a Debt to Equity ratio (0.52) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 4.59
Altman-Z 1.45
ROIC/WACC1
WACC7.72%
CNX Yearly LT Debt VS Equity VS FCFCNX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 0.44 indicates that CNX may have some problems paying its short term obligations.
  • CNX has a Current ratio of 0.44. This is amonst the worse of the industry: CNX underperforms 87.86% of its industry peers.
  • CNX has a Quick Ratio of 0.44. This is a bad value and indicates that CNX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of CNX (0.41) is worse than 87.38% of its industry peers.
Industry RankSector Rank
Current Ratio 0.44
Quick Ratio 0.41
CNX Yearly Current Assets VS Current LiabilitesCNX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 40.78% over the past year.
  • Measured over the past years, CNX shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.55% on average per year.
  • Looking at the last year, CNX shows a very strong growth in Revenue. The Revenue has grown by 23.54%.
  • CNX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.34% yearly.
EPS 1Y (TTM)40.78%
EPS 3Y0.13%
EPS 5Y20.55%
EPS Q2Q%17.54%
Revenue 1Y (TTM)23.54%
Revenue growth 3Y-20.08%
Revenue growth 5Y14.34%
Sales Q2Q%346.99%

3.2 Future

  • CNX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.05% yearly.
  • The Revenue is expected to grow by 6.57% on average over the next years.
EPS Next Y-1.39%
EPS Next 2Y28.27%
EPS Next 3Y15.05%
EPS Next 5YN/A
Revenue Next Year3.77%
Revenue Next 2Y6.57%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
CNX Yearly Revenue VS EstimatesCNX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
CNX Yearly EPS VS EstimatesCNX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2 3 4

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 16.06, the valuation of CNX can be described as correct.
  • Compared to the rest of the industry, the Price/Earnings ratio of CNX indicates a somewhat cheap valuation: CNX is cheaper than 60.19% of the companies listed in the same industry.
  • CNX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.99.
  • The Price/Forward Earnings ratio is 16.29, which indicates a correct valuation of CNX.
  • CNX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CNX is cheaper than 60.19% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.02, CNX is valued a bit cheaper.
Industry RankSector Rank
PE 16.06
Fwd PE 16.29
CNX Price Earnings VS Forward Price EarningsCNX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • CNX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CNX is cheaper than 73.79% of the companies in the same industry.
  • CNX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CNX is cheaper than 81.55% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.79
EV/EBITDA 6.07
CNX Per share dataCNX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • CNX has a very decent profitability rating, which may justify a higher PE ratio.
  • CNX's earnings are expected to grow with 15.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.78
EPS Next 2Y28.27%
EPS Next 3Y15.05%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • CNX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CNX RESOURCES CORP

NYSE:CNX (2/20/2026, 8:25:24 PM)

After market: 40.06 -0.41 (-1.01%)

40.47

-0.2 (-0.49%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners103.12%
Inst Owner Change-2%
Ins Owners2.76%
Ins Owner Change0.72%
Market Cap5.76B
Revenue(TTM)1.96B
Net Income(TTM)633.16M
Analysts50.91
Price Target36.8 (-9.07%)
Short Float %12.38%
Short Ratio7.37
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)71.19%
Min EPS beat(2)47.59%
Max EPS beat(2)94.78%
EPS beat(4)4
Avg EPS beat(4)48.36%
Min EPS beat(4)20.86%
Max EPS beat(4)94.78%
EPS beat(8)8
Avg EPS beat(8)38.57%
EPS beat(12)11
Avg EPS beat(12)37.6%
EPS beat(16)13
Avg EPS beat(16)29.79%
Revenue beat(2)2
Avg Revenue beat(2)33.45%
Min Revenue beat(2)26.28%
Max Revenue beat(2)40.63%
Revenue beat(4)3
Avg Revenue beat(4)21.7%
Min Revenue beat(4)-84.24%
Max Revenue beat(4)104.15%
Revenue beat(8)4
Avg Revenue beat(8)-1.05%
Revenue beat(12)7
Avg Revenue beat(12)34.05%
Revenue beat(16)11
Avg Revenue beat(16)45.92%
PT rev (1m)3.93%
PT rev (3m)11.99%
EPS NQ rev (1m)8.72%
EPS NQ rev (3m)7.51%
EPS NY rev (1m)2.38%
EPS NY rev (3m)-1.67%
Revenue NQ rev (1m)2.66%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)2.33%
Revenue NY rev (3m)1.97%
Valuation
Industry RankSector Rank
PE 16.06
Fwd PE 16.29
P/S 2.94
P/FCF 10.79
P/OCF 5.6
P/B 1.33
P/tB 1.46
EV/EBITDA 6.07
EPS(TTM)2.52
EY6.23%
EPS(NY)2.49
Fwd EY6.14%
FCF(TTM)3.75
FCFY9.27%
OCF(TTM)7.23
OCFY17.85%
SpS13.76
BVpS30.46
TBVpS27.78
PEG (NY)N/A
PEG (5Y)0.78
Graham Number41.56
Profitability
Industry RankSector Rank
ROA 6.96%
ROE 14.6%
ROCE 9.78%
ROIC 7.71%
ROICexc 7.71%
ROICexgc 8.1%
OM 39.79%
PM (TTM) 32.32%
GM 71.6%
FCFM 27.26%
ROA(3y)8.62%
ROA(5y)3.6%
ROE(3y)17.28%
ROE(5y)6.71%
ROIC(3y)4.26%
ROIC(5y)10.76%
ROICexc(3y)4.27%
ROICexc(5y)10.78%
ROICexgc(3y)4.49%
ROICexgc(5y)11.4%
ROCE(3y)5.41%
ROCE(5y)13.64%
ROICexgc growth 3Y-35.48%
ROICexgc growth 5YN/A
ROICexc growth 3Y-35.29%
ROICexc growth 5YN/A
OM growth 3Y-16.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.66%
GM growth 5Y5.42%
F-Score8
Asset Turnover0.22
Health
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 4.59
Debt/EBITDA 1.65
Cap/Depr 86.22%
Cap/Sales 25.27%
Interest Coverage 5.04
Cash Conversion 76.01%
Profit Quality 84.33%
Current Ratio 0.44
Quick Ratio 0.41
Altman-Z 1.45
F-Score8
WACC7.72%
ROIC/WACC1
Cap/Depr(3y)118.05%
Cap/Depr(5y)113.45%
Cap/Sales(3y)39.34%
Cap/Sales(5y)30.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40.78%
EPS 3Y0.13%
EPS 5Y20.55%
EPS Q2Q%17.54%
EPS Next Y-1.39%
EPS Next 2Y28.27%
EPS Next 3Y15.05%
EPS Next 5YN/A
Revenue 1Y (TTM)23.54%
Revenue growth 3Y-20.08%
Revenue growth 5Y14.34%
Sales Q2Q%346.99%
Revenue Next Year3.77%
Revenue Next 2Y6.57%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y253.48%
EBIT growth 3Y-33.01%
EBIT growth 5YN/A
EBIT Next Year98.11%
EBIT Next 3Y38.23%
EBIT Next 5YN/A
FCF growth 1Y93.86%
FCF growth 3Y-7.25%
FCF growth 5Y11.65%
OCF growth 1Y26.13%
OCF growth 3Y-5.9%
OCF growth 5Y5.29%

CNX RESOURCES CORP / CNX FAQ

What is the ChartMill fundamental rating of CNX RESOURCES CORP (CNX) stock?

ChartMill assigns a fundamental rating of 5 / 10 to CNX.


Can you provide the valuation status for CNX RESOURCES CORP?

ChartMill assigns a valuation rating of 6 / 10 to CNX RESOURCES CORP (CNX). This can be considered as Fairly Valued.


Can you provide the profitability details for CNX RESOURCES CORP?

CNX RESOURCES CORP (CNX) has a profitability rating of 7 / 10.


What is the financial health of CNX RESOURCES CORP (CNX) stock?

The financial health rating of CNX RESOURCES CORP (CNX) is 3 / 10.


What is the expected EPS growth for CNX RESOURCES CORP (CNX) stock?

The Earnings per Share (EPS) of CNX RESOURCES CORP (CNX) is expected to decline by -1.39% in the next year.