CNX Resources (CNX) Operating Margin (2009 - 2026)
CNX Resources' Operating Margin came in at 21.18% for Q3 2026, down 3.52 percentage points from 24.71% a year earlier but up 0.01 percentage points from the prior quarter.
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Analysis
CNX Resources (CNX) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, CNX Resources reported Operating Margin of 27.01%, up 28.84 percentage points year-over-year; for FY2025, it came in at 18.28%, up 58.62 percentage points from FY2024.
- Operating Margin carries a five-year change of +90.10 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -40.34% in FY2024 (-93.63 pp), 53.29% in FY2023 (+100.06 pp), -46.77% in FY2022 (+85.47 pp) and -132.24% in FY2021 (-60.42 pp).
- The five-year range for quarterly Operating Margin is -449.14% (Q1 2025) to 64.64% (Q1 2023).
- Year-over-year, Operating Margin increased in four of the last eight quarters, with an average year-over-year change of +13.65 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q1 2026 (a gain of 490.05 percentage points), and the weakest in Q1 2025 (a drop of 425.05 percentage points).
- Business Quant data shows CNX's Operating Margin at 21.18% (Q2 2026), 40.91% (Q1 2026) and 20.55% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.93% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.54% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 39.66% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.15% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 50.83% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 14.27% |
| 10 | CNX Resources | 5.26 Bn | 5.25 Bn | 483.67 Mn | 44.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 44.62% |
| Jun 30, 2026 | 44.62% |
| Mar 31, 2026 | 59.60% |
| Dec 31, 2025 | 43.63% |
| Sep 30, 2025 | 24.71% |
| Jun 30, 2025 | 65.43% |
| Mar 31, 2025 | -280.61% |
| Dec 31, 2024 | -115.25% |
| Sep 30, 2024 | 28.40% |
| Jun 30, 2024 | 7.28% |
| Mar 31, 2024 | 11.38% |
| Dec 31, 2023 | 56.44% |
| Sep 30, 2023 | 100.00% |
| Jun 30, 2023 | 100.00% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 46.02% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 100.00% |
| Mar 31, 2022 | -100.00% |
| Dec 31, 2021 | -119.78% |
API Access
CNX Resources Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();