Is Core Natural Resources, Inc. financially healthy?

Core Natural Resources, Inc. scores 3 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Core Natural Resources, Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (trimming), FMR LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

Core Natural Resources, Inc. (CNR)

NYSE · Common Stock · Silver Ores

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 8

FAILReturn on assets positiveROA -2.5%
PASSOperating cash flow positiveOCF 306M
FAILReturn on assets improving9.9% → -2.5%
PASSCash flow exceeds earningsOCF 306M vs NI -153M
FAILLong-term debt ratio falling2.8% → 5.2% of assets
PASSCurrent ratio improving1.52 → 1.60
FAILNo share dilution30M → 51M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.78× → 0.68×

Altman Z-score

1.94grey

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Cash conversion: -199.6%
Share count change: 72.4%

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$1.0B	−$9.8M	$43.3M	—	26,066,971
FY2021	$1.3B	$34.1M	$172.8M	—	35,388,558
FY2022	$2.3B	$467.0M	$479.5M	—	35,718,255
FY2023	$2.6B	$655.9M	$690.2M	—	33,142,007
FY2024	$2.2B	$286.4M	$298.4M	—	29,807,368
FY2025

Ownership flow

13 institutions tracked — 5 added, 8 reduced. Index money added 204,252 shares while active managers cut 1,491,168.

Institutional holders of Core Natural Resources, Inc. and their share-count change
Manager	Kind	Shares	Change	Value
FMR LLC	Active fund	2,895,835	−1,149,930	$231.7M
Point72 Asset Management, L.P.	Hedge fund	8,858	−222,863	$708,817
BlackRock, Inc.	Index	7,596,655	+174,094	$607.9M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	175,091

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q2: $0.10
2026Q1: $0.10
2025Q3: $0.10
2025Q2: $0.10
2025Q1: $0.10
2024Q3: $0.25

Shares repurchased

2026Q1: $41.9M
2025Q1: $101.3M
2024Q1: $57.9M
2023Q1: $75.1M
2022Q1: $0
2019Q1: $0

Identity

CIK: 0001710366
LEI: 549300I1AHR8KMMFIS52
FIGI: BBG00HC114X0
SIC: 1220 · Silver Ores
Incorporated: DC
Headquarters: CANONSBURG, PA

Ownership

Institutional: 95.6%
Institutions: 467
Insiders: 2.5%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other silver ores companies

Core Natural Resources, Inc. files under SIC 1220 — all 3 silver ores companies compared on assets and F-score.

WARRIOR MET COAL, INC.HCC Coronado Global Resources Inc.CODQL

Questions about Core Natural Resources, Inc.

Is Core Natural Resources, Inc. financially healthy?: Core Natural Resources, Inc. scores 3 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Core Natural Resources, Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (trimming), FMR LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.