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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Core Natural Resources's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -28.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Core Natural Resources's 3-Year ROIIC % or its related term are showing as below:
CNR's 3-Year ROIIC % is ranked worse than 57.06% of 170
companies
in the Other Energy Sources industry
Industry Median: -18.65
vs CNR: -28.33
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Core Natural Resources 3-Year ROIIC % Related Terms
Core Natural Resources 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Core Natural Resources's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Thermal Coal subindustry, Core Natural Resources's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Core Natural Resources 3-Year ROIIC % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Core Natural Resources's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Core Natural Resources's 3-Year ROIIC % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Core Natural Resources (CNR) has a 3-Year ROIIC % of -28.33 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Core Natural Resources and its competitors. According to the industry distribution chart, Core Natural Resources ranks #97 out of 170 companies in the Other Energy Sources industry, placing it in the top 57.1%.
Is Core Natural Resources' 3-Year ROIIC % too high?
Core Natural Resources' current 3-Year ROIIC % is -28.33. Based on the distribution chart, Core Natural Resources ranks #97 out of 170 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Core Natural Resources has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Core Natural Resources' 3-Year ROIIC % compare to ARLP and BTU?
According to the Other Energy Sources industry distribution chart, Core Natural Resources ranks #97 out of 170 companies for 3-Year ROIIC %. This places Core Natural Resources in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Other Energy Sources company?
A good 3-Year ROIIC % depends on the Other Energy Sources industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Core Natural Resources and its competitors. Core Natural Resources's current 3-Year ROIIC % is -28.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core Natural Resources stock overvalued right now?
Based on GuruFocus' analysis, Core Natural Resources (CNR) is currently considered Modestly Undervalued. The stock's GF Value™ is $95.87, compared to a current price of $83.02 — trading 13.4% below its estimated fair value. The current 3-Year ROIIC % is -28.33. Core Natural Resources' overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Core Natural Resources (CNR), the current 3-Year ROIIC % is -28.33 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Core Natural Resources (CNR) Overvalued in 2026?
Based on GuruFocus' analysis, Core Natural Resources stock appears to be undervalued.
The current stock price of $83.02 is trading 13.4% below its estimated GF Value™ of $95.87.
GuruFocus considers Core Natural Resources to be Modestly Undervalued.
Key valuation signals for CNR:
3-Year ROIIC %: -28.33
GF Value™: $95.87 vs. price of $83.02 (13.4% below fair value)
No single metric tells the full story. See the CNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Core Natural Resources Inc is a producer and exporter of metallurgical and thermal coal. The company owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The activities of the company involves mining of thermal coal, power generation, and other related activities.
86GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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