CNX Resources annual operating margin
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2025
CNX Resources Operating Margin Growth & History (CNX)
CNX Resources's operating margin was 35.86% for fiscal 2025.
View full CNX Resources company overviewCNX Resources annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 35.86% | +45.36 pp |
| 2024 | 2024-12-31 | −9.50% | −74.22 pp |
| 2023 | 2023-12-31 | 64.71% | +81.52 pp |
| 2022 | 2022-12-31 | −16.81% | +67.30 pp |
| 2021 | 2021-12-31 | −84.11% | −36.19 pp |
| 2020 | 2020-12-31 | −47.92% | −51.03 pp |
| 2019 | 2019-12-31 | 3.10% | −60.39 pp |
| 2018 | 2018-12-31 | 63.49% | +55.34 pp |
| 2017 | 2017-12-31 | 8.15% | +85.17 pp |
| 2016 | 2016-12-31 | −77.02% | +0.61 pp |
| 2015 | 2015-12-31 | −77.63% | −83.25 pp |
| 2014 | 2014-12-31 | 5.62% | +4.23 pp |
| 2013 | 2013-12-31 | 1.40% | −9.66 pp |
| 2012 | 2012-12-31 | 11.06% | −8.88 pp |
| 2011 | 2011-12-31 | 19.94% | +11.01 pp |
| 2010 | 2010-12-31 | 8.94% | −8.12 pp |
| 2009 | 2009-12-31 | 17.06% | +1.46 pp |
| 2008 | 2008-12-31 | 15.60% | +4.19 pp |
| 2007 | 2007-12-31 | 11.40% | — |
CNX Resources quarterly operating margin
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Q3.23
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Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 38.31% | −22.54 pp |
| Q1 2026 | 2026-03-31 | 54.46% | +385.57 pp |
| Q4 2025 | 2025-12-31 | 36.76% | +178.80 pp |
| Q3 2025 | 2025-09-30 | 45.51% | +26.05 pp |
| Q2 2025 | 2025-06-30 | 60.85% | +65.59 pp |
| Q1 2025 | 2025-03-31 | −331.11% | −332.76 pp |
| Q4 2024 | 2024-12-31 | −142.04% | −208.00 pp |
| Q3 2024 | 2024-09-30 | 19.46% | +13.97 pp |
| Q2 2024 | 2024-06-30 | −4.74% | −80.57 pp |
| Q1 2024 | 2024-03-31 | 1.64% | −71.08 pp |
| Q4 2023 | 2023-12-31 | 65.96% | −10.79 pp |
| Q3 2023 | 2023-09-30 | 5.49% | +233.33 pp |
| Q2 2023 | 2023-06-30 | 75.83% | +64.67 pp |
| Q1 2023 | 2023-03-31 | 72.73% | — |
| Q4 2022 | 2022-12-31 | 76.76% | +6.53 pp |
| Q3 2022 | 2022-09-30 | −227.84% | — |
| Q2 2022 | 2022-06-30 | 11.16% | — |
| Q4 2021 | 2021-12-31 | 70.22% | +28.07 pp |
| Q1 2021 | 2021-03-31 | 28.62% | +138.58 pp |
| Q4 2020 | 2020-12-31 | 42.15% | −21.78 pp |
| Q3 2020 | 2020-09-30 | −378.47% | −414.86 pp |
| Q2 2020 | 2020-06-30 | −106.91% | −145.50 pp |
| Q1 2020 | 2020-03-31 | −109.95% | −82.58 pp |
| Q4 2019 | 2019-12-31 | 63.94% | −1.67 pp |
| Q3 2019 | 2019-09-30 | 36.39% | −32.13 pp |
| Q2 2019 | 2019-06-30 | 38.59% | −25.83 pp |
| Q1 2019 | 2019-03-31 | −27.37% | −86.01 pp |
| Q4 2018 | 2018-12-31 | 65.60% | +12.11 pp |
| Q3 2018 | 2018-09-30 | 68.52% | +32.79 pp |
| Q2 2018 | 2018-06-30 | 64.42% | +11.34 pp |
| Q1 2018 | 2018-03-31 | 58.64% | +9.66 pp |
| Q4 2017 | 2017-12-31 | 53.49% | +569.76 pp |
| Q3 2017 | 2017-09-30 | 35.73% | +20.25 pp |
| Q2 2017 | 2017-06-30 | 53.08% | +170.20 pp |
| Q1 2017 | 2017-03-31 | 48.97% | +61.56 pp |
| Q4 2016 | 2016-12-31 | −516.26% | −470.23 pp |
| Q3 2016 | 2016-09-30 | 15.48% | −11.59 pp |
| Q2 2016 | 2016-06-30 | −117.12% | +43.97 pp |
| Q1 2016 | 2016-03-31 | −12.59% | −16.45 pp |
| Q4 2015 | 2015-12-31 | −46.03% | −54.97 pp |
| Q3 2015 | 2015-09-30 | 27.07% | +27.42 pp |
| Q2 2015 | 2015-06-30 | −161.09% | −158.56 pp |
| Q1 2015 | 2015-03-31 | 3.86% | −9.57 pp |
| Q4 2014 | 2014-12-31 | 8.94% | +6.89 pp |
| Q3 2014 | 2014-09-30 | −0.34% | +0.07 pp |
| Q2 2014 | 2014-06-30 | −2.53% | −7.13 pp |
| Q1 2014 | 2014-03-31 | 13.43% | +13.98 pp |
| Q4 2013 | 2013-12-31 | 2.06% | −11.29 pp |
| Q3 2013 | 2013-09-30 | −0.41% | +2.29 pp |
| Q2 2013 | 2013-06-30 | 4.60% | −9.95 pp |
| Q1 2013 | 2013-03-31 | −0.55% | −8.86 pp |
| Q4 2012 | 2012-12-31 | 13.34% | −9.98 pp |
| Q3 2012 | 2012-09-30 | −2.70% | −15.87 pp |
| Q2 2012 | 2012-06-30 | 14.55% | +8.33 pp |
| Q1 2012 | 2012-03-31 | 8.31% | −8.82 pp |
| Q4 2011 | 2011-12-31 | 23.32% | +12.73 pp |
| Q3 2011 | 2011-09-30 | 13.17% | +6.42 pp |
| Q2 2011 | 2011-06-30 | 6.22% | −1.24 pp |
| Q1 2011 | 2011-03-31 | 17.13% | +5.67 pp |
| Q4 2010 | 2010-12-31 | 10.59% | −5.72 pp |
| Q3 2010 | 2010-09-30 | 6.75% | −4.99 pp |
| Q2 2010 | 2010-06-30 | 7.46% | −8.73 pp |
| Q1 2010 | 2010-03-31 | 11.46% | −11.90 pp |
| Q4 2009 | 2009-12-31 | 16.31% | — |
| Q3 2009 | 2009-09-30 | 11.74% | −0.49 pp |
| Q2 2009 | 2009-06-30 | 16.18% | +1.77 pp |
| Q1 2009 | 2009-03-31 | 23.36% | — |
| Q3 2008 | 2008-09-30 | 12.23% | — |
| Q2 2008 | 2008-06-30 | 14.42% | — |
CNX Resources operating margin trends
Over the last five fiscal years, CNX Resources's operating margin increased from −47.92% to 35.86%, a change of +83.78 percentage points. The latest reported quarter, Q2 2026, shows 38.31%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review CNX Resources source filings ↗