CNX Resources (CNX) Tax Rate (2009 - 2026)
CNX Resources (CNX) reported Tax Rate of 36.98% for Q2 2026, up 2.40 percentage points from 34.57% a year earlier and up 8.45 percentage points from the prior quarter.
CNX Resources (CNX) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, CNX Resources' Tax Rate came in at 36.91%, up 49.88 percentage points year-over-year; for FY2025, it was 71.12%, up 66.60 percentage points from FY2024.
- Tax Rate has a five-year change of +54.91 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 4.51% in FY2024 (-25.25 pp), 29.76% in FY2023 (+20.03 pp), 9.74% in FY2022 (-2.23 pp) and 11.97% in FY2021 (-4.24 pp).
- Five-year quarterly Tax Rate spans a low of -91.02% in Q4 2021 and a high of 62.79% in Q3 2025.
- Year over year, Tax Rate has now increased in each of the last six quarters, with an average year-over-year change of +17.15 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 112.99 percentage points); the low point was Q1 2022 (a drop of 259.48 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 28.53% (Q1 2026), 33.72% (Q4 2025) and 62.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 31.41% |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 26.95% |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 18.22% |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | - |
| 10 | CNX Resources | 4.65 Bn | 4.63 Bn | 512.51 Mn | 36.98% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.98% |
| Mar 31, 2026 | 28.53% |
| Dec 31, 2025 | 33.72% |
| Sep 30, 2025 | 62.79% |
| Jun 30, 2025 | 34.57% |
| Dec 31, 2023 | 24.54% |
| Jun 30, 2023 | 36.46% |
| Mar 31, 2023 | 27.57% |
| Dec 31, 2022 | 21.96% |
| Mar 31, 2021 | 188.80% |
| Dec 31, 2020 | 46.45% |
| Sep 30, 2019 | 71.72% |
| Jun 30, 2019 | 39.54% |
| Sep 30, 2018 | 35.10% |
| Mar 31, 2018 | 112.45% |
| Dec 31, 2016 | 6.52% |
| Dec 31, 2014 | 1.06% |
| Jun 30, 2009 | 34.10% |
CNX Resources Tax Rate 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=tax-rate&ticker=CNX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();