CNX Resources
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
15.3610.336.436.37
Price/Sales ratio
3.263.032.512.50
Earnings per Share (EPS)
$1.82$2.71$4.35$4.39

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
47.67-4.82-4.938.793.0452.83-5.01-5.95-22.461.88-20.7552.83
Price/Sales ratio
2.230.722.112.681.371.091.981.240.812.220.751.09
Price/Book Value ratio
1.460.381.100.850.560.400.480.801.080.740.990.56
Price/Cash Flow ratio
8.303.578.915.162.731.722.703.202.583.982.381.72
Price/Free Cash Flow ratio
-13.96-3.5017.24211.34-10.51-7.966.996.444.7624.034.40-10.51
Price/Earnings Growth ratio
-0.630.01-0.03-0.060.02-0.550.00-0.800.33-0.00-0.31-0.31
Dividend Yield
0.73%1.84%0.05%N/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
65.67%48.58%39.94%22.63%43.82%33.87%12.16%56.77%71.26%32.50%71.26%43.82%
Operating Profit Margin
13.26%5.18%-10.75%2.00%67.62%16.41%-9.34%47.66%66.07%21.27%66.32%66.32%
Pretax Profit Margin
5.26%-19.94%-26.55%9.50%62.40%3.85%-55.56%-26.63%-5.39%151.97%-5.39%3.85%
Net Profit Margin
4.69%-14.98%-42.82%30.50%45.24%2.06%-39.51%-20.86%-3.61%117.64%-3.61%2.06%
Effective Tax Rate
7.83%26.94%-1.90%-148.80%19.61%46.47%28.87%21.66%32.96%22.59%32.96%19.61%
Return on Assets
1.38%-3.42%-9.23%5.49%9.27%0.35%-5.33%-6.15%-1.66%19.94%-1.66%0.35%
Return On Equity
3.06%-7.97%-22.32%9.76%18.39%0.76%-9.69%-13.47%-4.81%39.45%-6.01%0.76%
Return on Capital Employed
4.34%1.40%-2.58%0.38%14.75%2.97%-1.33%15.93%36.00%3.98%36.14%14.75%
Liquidity Ratios
Current Ratio
1.010.470.661.930.950.940.61N/AN/AN/A0.430.94
Quick Ratio
0.920.420.591.900.940.920.590.470.410.480.280.92
Cash ratio
0.150.040.061.150.030.030.030.000.010.000.010.03
Days of Sales Outstanding
65.8741.8822.9469.3785.6149.4750.5451.8032.9733.4332.9749.47
Days of Inventory outstanding
31.1527.6520.084.063.582.493.692.178.787.338.783.58
Operating Cycle
97.0369.5443.0373.4389.2051.9654.2453.9741.7640.7716.9251.96
Days of Payables Outstanding
162.7171.1348.2079.8184.8072.3045.2643.0261.9254.4861.9272.30
Cash Conversion Cycle
-65.67-1.58-5.17-6.374.39-20.348.9810.94-20.15-13.71-26.77-20.34
Debt Ratios
Debt Ratio
0.270.330.260.310.270.310.300.270.260.260.650.27
Debt Equity Ratio
0.610.770.630.560.550.670.560.600.760.521.880.55
Long-term Debt to Capitalization
0.370.360.380.350.350.390.350.370.420.300.440.35
Total Debt to Capitalization
0.370.430.380.360.350.400.350.370.430.340.440.35
Interest Coverage Ratio
1.37-0.01-1.860.173.781.69-0.45N/AN/AN/A20.383.78
Cash Flow to Debt Ratio
0.280.130.190.290.370.340.320.410.540.350.510.37
Company Equity Multiplier
2.202.322.411.771.982.171.812.182.881.972.881.98
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.260.200.230.510.500.630.730.380.310.550.310.63
Free Cash Flow / Operating Cash Flow Ratio
-0.59-1.020.510.02-0.26-0.210.380.490.540.160.54-0.26
Cash Flow Coverage Ratio
0.280.130.190.290.370.340.320.410.540.350.510.37
Short Term Coverage Ratio
71.970.53359.8891.22126.6014.249.6939.4225.562.1325.5614.24
Dividend Payout Ratio
35.26%-8.87%-0.27%N/AN/AN/AN/AN/AN/AN/AN/AN/A