Based on the latest figures, CNX Resources reports a gross margin of 78.7%, an operating margin of 49.2%, an EBITDA margin of 70.1%, and a net margin of 35.2%. Operating margin had the largest improvement, expanding by 24.8 percentage points, while the other available margins also increased.
CNX margin history
Looking back over the last 3 years, CNX Resources recorded average margins of 71.71% gross, 33.66% operating, 62.9% EBITDA, and 22.65% net. Compared with their three-year averages, all four current margins are higher.
CNX margin expansion
The biggest expansion was in operating margin, which rose by 24.8 percentage points. The other available margins also improved.
CNX Gross margin
CNX Resources's gross margin averaged 71.71% during the last 3 years. Compared with its three-year average, CNX Resources's current gross margin is 78.7% and is 7 percentage points above its three-year average. Over the last 3 years, CNX Resources's gross margin peaked at 84.2% in Dec 2023 and reached a low of 44.1% in Mar 2025.
CNX Operating margin
The average operating margin for CNX Resources was 33.66% during the last 3 years. The latest operating margin for CNX Resources is 49.2%, 15.5 percentage points above its three-year average. The operating margin for CNX Resources moved between -30.6% in Mar 2025 and 65% in Dec 2023.
CNX EBITDA margin
CNX Resources's EBITDA margin averaged 62.9% over the last 3 years. Against its three-year average, CNX Resources's EBITDA margin is currently 70.1%, 7.2 percentage points above its three-year average. Over the last 3 years, CNX Resources's EBITDA margin peaked at 81.5% in Dec 2023 and reached a low of 25.9% in Mar 2025.
CNX Net margin
CNX Resources's net margin averaged 22.65% over the last 3 years. Compared with its three-year average, CNX Resources's current net margin is 35.2% and is 12.6 percentage points above its three-year average. Over the last 3 years, CNX Resources's net margin peaked at 50.1% in Dec 2023 and reached a low of -30.6% in Mar 2025.
CNX margin group comparison
With a gross margin of 78.7%, CNX is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 42.5%, CNX Resources's gross margin is 85% higher.
CNX margin peer comparison
Frequently asked questions
What is CNX Resources's gross margin?
The current gross margin for CNX is 78.7% as of Sep 30, 2026.
What is CNX Resources's operating margin?
As of Sep 30, 2026, CNX has an operating margin of 49.2%.
What is CNX Resources's EBITDA margin?
As of Sep 30, 2026, CNX has an EBITDA margin of 70.1%.
What is CNX Resources's net margin?
The current net margin for CNX is 35.2% as of Sep 30, 2026.
What are the average margins of CNX?
Across the last 3 years, CNX averaged 71.7% gross, 33.7% operating, 62.9% EBITDA, and 22.7% net.
What are the highest historical margins of CNX?
Over this 5-year history, CNX peaked at 85.5% gross in Sep 2023, 69.5% operating in Sep 2023, 83.2% EBITDA in Sep 2023, and 58% net in Sep 2023.
What are the lowest historical margins of CNX?
Over the last 5 years, CNX Resources's lowest margins were 31.2% gross in Sep 2022, -63.2% operating in Dec 2021, 3.9% EBITDA in Dec 2021, and -75% net in Sep 2022.