CNX Resources (CNX) Return on Capital Employed [ROCE] (2009 - 2026)
CNX Resources (CNX) posted Return on Capital Employed [ROCE] of 8.14% for Q3 2026, up 8.55 percentage points from -0.41% a year earlier but down 0.38 percentage points from the prior quarter.
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Analysis
CNX Resources (CNX) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, CNX Resources' Return on Capital Employed [ROCE] came in at 5.33%, up 12.19 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +16.47 percentage points (FY2020 to FY2025).
- In prior years, CNX Resources' Return on Capital Employed [ROCE] was -6.86% in FY2024 (-30.49 pp), 23.63% in FY2023 (+32.06 pp), -8.43% in FY2022 (+5.63 pp) and -14.06% in FY2021 (-2.92 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of -10.96% in Q1 2025 to a high of 22.90% in Q4 2023 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last four quarters, with an average year-over-year change of -0.86 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q3 2023, with a gain of 24.65 percentage points; the weakest was Q4 2024, with a drop of 29.80 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 8.52% (Q2 2026), 13.18% (Q1 2026) and 4.91% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 14.97% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 15.97% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 13.86% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.67% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 30.91% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 26.83% |
| 10 | CNX Resources | 5.26 Bn | 5.25 Bn | 483.67 Mn | 14.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.75% |
| Jun 30, 2026 | 13.63% |
| Mar 31, 2026 | 18.44% |
| Dec 31, 2025 | 10.27% |
| Sep 30, 2025 | 4.89% |
| Jun 30, 2025 | 4.62% |
| Mar 31, 2025 | -3.40% |
| Dec 31, 2024 | 0.41% |
| Sep 30, 2024 | 9.57% |
| Jun 30, 2024 | 12.47% |
| Mar 31, 2024 | 22.93% |
| Dec 31, 2023 | 38.94% |
| Sep 30, 2023 | 38.21% |
| Jun 30, 2023 | 34.09% |
| Mar 31, 2023 | 28.76% |
| Dec 31, 2022 | 0.44% |
| Sep 30, 2022 | -10.02% |
| Jun 30, 2022 | -25.50% |
| Mar 31, 2022 | -36.24% |
| Dec 31, 2021 | -11.11% |
API Access
CNX Resources Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=CNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=CNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();