CNX Resources (CNX) Operating Margin (2009 - 2026)
CNX Resources' Operating Margin came in at 21.18% for Q2 2026, down 29.42 percentage points from 50.59% a year earlier and down 19.74 percentage points from the prior quarter.
CNX Resources (CNX) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, CNX Resources reported Operating Margin of 27.79%, up 39.76 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 five of the last eight quarters, with an average year-over-year change of +16.41 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2021 (a gain of 535.19 percentage points), and the weakest in Q1 2025 (a drop of 425.05 percentage points).
- Business Quant data shows CNX's Operating Margin at 40.91% (Q1 2026), 20.55% (Q4 2025) and 24.71% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 28.46% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -28.44% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 5.19% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 36.94% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -74.35% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 30.46% |
| 10 | CNX Resources | 4.72 Bn | 4.71 Bn | 512.51 Mn | 21.18% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.18% |
| Mar 31, 2026 | 40.91% |
| Dec 31, 2025 | 20.55% |
| Sep 30, 2025 | 24.71% |
| Jun 30, 2025 | 50.59% |
| Mar 31, 2025 | -449.14% |
| Dec 31, 2024 | -214.84% |
| Sep 30, 2024 | -3.69% |
| Jun 30, 2024 | -34.01% |
| Mar 31, 2024 | -24.09% |
| Dec 31, 2023 | 56.44% |
| Sep 30, 2023 | -22.30% |
| Jun 30, 2023 | 56.98% |
| Mar 31, 2023 | 64.64% |
| Dec 31, 2022 | 46.02% |
| Sep 30, 2022 | -310.98% |
| Jun 30, 2022 | -10.98% |
| Mar 31, 2022 | 53.41% |
| Dec 31, 2021 | -119.78% |
| Sep 30, 2021 | 49.35% |
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_KEY
import 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();