CNX Resources (CNX) Return on Invested Capital [ROIC] (2009 - 2026)
CNX Resources' Return on Invested Capital [ROIC] was 6.48% in Q2 2026, up 9.40 percentage points from -2.92% a year earlier but down 3.59 percentage points from the prior quarter.
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Analysis
CNX Resources (CNX) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at CNX Resources came in at 1.82%, up 9.42 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +12.21 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -7.60% in FY2024 (-29.52 pp), 21.92% in FY2023 (+31.54 pp), -9.62% in FY2022 (+4.19 pp) and -13.81% in FY2021 (-3.41 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -11.03% (Q1 2025) and 19.30% (Q4 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of -3.53 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2023 (a gain of 22.63 percentage points); the worst was Q4 2024 (a drop of 26.92 percentage points).
- Per Business Quant data, CNX's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 10.07% (Q1 2026), 1.23% (Q4 2025) and -0.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 11.12% |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 17.88% |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -30.32% |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 6.94% |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 22.50% |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -181.46% |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | 44.95% |
| 10 | CNX Resources | 4.69 Bn | 4.68 Bn | 512.51 Mn | 6.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.48% |
| Mar 31, 2026 | 10.07% |
| Dec 31, 2025 | 1.23% |
| Sep 30, 2025 | -0.48% |
| Jun 30, 2025 | -2.92% |
| Mar 31, 2025 | -11.03% |
| Dec 31, 2024 | -7.62% |
| Sep 30, 2024 | 0.94% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 7.79% |
| Dec 31, 2023 | 19.30% |
| Sep 30, 2023 | 18.43% |
| Jun 30, 2023 | 10.97% |
| Mar 31, 2023 | 4.66% |
| Dec 31, 2022 | 10.35% |
| Sep 30, 2022 | -4.20% |
| Jun 30, 2022 | 12.75% |
| Mar 31, 2022 | 7.04% |
| Dec 31, 2021 | -0.31% |
| Sep 30, 2021 | 6.59% |
API Access
CNX Resources Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=CNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=CNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();