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Side-by-side financial comparison of Core Natural Resources, Inc. (CNR) and Camping World Holdings, Inc. (CWH). Click either name above to swap in a different company.

Camping World Holdings, Inc. is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.1× Core Natural Resources, Inc.). Core Natural Resources, Inc. runs the higher net margin — -7.6% vs -9.3%, a 1.7% gap on every dollar of revenue. On growth, Core Natural Resources, Inc. posted the faster year-over-year revenue change (81.8% vs -2.6%). Over the past eight quarters, Core Natural Resources, Inc.'s revenue compounded faster (38.1% CAGR vs -7.2%).

Arch Resources, previously known as Arch Coal, was an American coal mining and processing company. The company mined, processed, and marketed bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Resources was the second-largest supplier of coal in the United States, behind Peabody Energy. As of 2011 the company supplied 15% of the domestic market. Demand came mainly from generators of electricity.

Camping World Holdings, Inc. is an American corporation specializing in selling recreational vehicles (RVs), recreational vehicle parts, and recreational vehicle service. They also sell supplies for camping. The company has its headquarters in Lincolnshire, Illinois. In October 2016 it became a publicly traded company when it raised $251 million in an IPO. Camping World has 202 locations. In addition to its RV dealerships and accessories stores, the company sells goods through phone order and...

CNR vs CWH — Head-to-Head

Bigger by revenue
CWH
CWH
1.1× larger
CWH
$1.2B
$1.0B
CNR
Growing faster (revenue YoY)
CNR
CNR
+84.3% gap
CNR
81.8%
-2.6%
CWH
Higher net margin
CNR
CNR
1.7% more per $
CNR
-7.6%
-9.3%
CWH
Faster 2-yr revenue CAGR
CNR
CNR
Annualised
CNR
38.1%
-7.2%
CWH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNR
CNR
CWH
CWH
Revenue
$1.0B
$1.2B
Net Profit
$-79.0M
$-109.1M
Gross Margin
28.8%
Operating Margin
-9.3%
-4.3%
Net Margin
-7.6%
-9.3%
Revenue YoY
81.8%
-2.6%
Net Profit YoY
-356.3%
-83.3%
EPS (diluted)
$-1.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNR
CNR
CWH
CWH
Q4 25
$1.0B
$1.2B
Q3 25
$1.0B
$1.8B
Q2 25
$1.1B
$2.0B
Q1 25
$1.0B
$1.4B
Q4 24
$573.6M
$1.2B
Q3 24
$553.4M
$1.7B
Q2 24
$490.7M
$1.8B
Q1 24
$546.7M
$1.4B
Net Profit
CNR
CNR
CWH
CWH
Q4 25
$-79.0M
$-109.1M
Q3 25
$31.6M
$-40.4M
Q2 25
$-36.6M
$30.2M
Q1 25
$-69.3M
$-12.3M
Q4 24
$30.8M
$-59.5M
Q3 24
$95.6M
$5.5M
Q2 24
$58.1M
$9.8M
Q1 24
$101.9M
$-22.3M
Gross Margin
CNR
CNR
CWH
CWH
Q4 25
28.8%
Q3 25
28.6%
Q2 25
30.0%
Q1 25
30.4%
Q4 24
31.3%
Q3 24
28.9%
Q2 24
30.3%
Q1 24
29.5%
Operating Margin
CNR
CNR
CWH
CWH
Q4 25
-9.3%
-4.3%
Q3 25
-1.2%
4.4%
Q2 25
-1.7%
6.6%
Q1 25
-5.3%
1.5%
Q4 24
6.6%
-1.3%
Q3 24
21.2%
3.7%
Q2 24
14.6%
5.3%
Q1 24
22.7%
0.3%
Net Margin
CNR
CNR
CWH
CWH
Q4 25
-7.6%
-9.3%
Q3 25
3.2%
-2.2%
Q2 25
-3.3%
1.5%
Q1 25
-6.8%
-0.9%
Q4 24
5.4%
-4.9%
Q3 24
17.3%
0.3%
Q2 24
11.8%
0.5%
Q1 24
18.6%
-1.6%
EPS (diluted)
CNR
CNR
CWH
CWH
Q4 25
$-1.51
Q3 25
$0.61
Q2 25
$-0.70
Q1 25
$-1.38
Q4 24
$1.04
Q3 24
$3.22
Q2 24
$1.96
Q1 24
$3.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNR
CNR
CWH
CWH
Cash + ST InvestmentsLiquidity on hand
$432.2M
$215.0M
Total DebtLower is stronger
$354.2M
$1.5B
Stockholders' EquityBook value
$3.7B
$228.6M
Total Assets
$6.1B
$5.0B
Debt / EquityLower = less leverage
0.10×
6.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNR
CNR
CWH
CWH
Q4 25
$432.2M
$215.0M
Q3 25
$444.7M
$230.5M
Q2 25
$413.2M
$118.1M
Q1 25
$388.5M
$20.9M
Q4 24
$460.2M
$208.4M
Q3 24
$331.7M
$28.4M
Q2 24
$216.1M
$23.7M
Q1 24
$172.6M
$29.7M
Total Debt
CNR
CNR
CWH
CWH
Q4 25
$354.2M
$1.5B
Q3 25
$334.5M
$1.5B
Q2 25
$334.0M
$1.5B
Q1 25
$329.8M
$1.5B
Q4 24
$94.8M
$1.5B
Q3 24
$83.7M
$1.5B
Q2 24
$184.9M
$1.5B
Q1 24
$185.5M
$1.6B
Stockholders' Equity
CNR
CNR
CWH
CWH
Q4 25
$3.7B
$228.6M
Q3 25
$3.8B
$296.2M
Q2 25
$3.8B
$340.5M
Q1 25
$3.9B
$310.5M
Q4 24
$1.6B
$326.6M
Q3 24
$1.5B
$151.6M
Q2 24
$1.4B
$149.7M
Q1 24
$1.4B
$142.8M
Total Assets
CNR
CNR
CWH
CWH
Q4 25
$6.1B
$5.0B
Q3 25
$6.2B
$5.0B
Q2 25
$6.2B
$5.2B
Q1 25
$6.3B
$5.1B
Q4 24
$2.9B
$4.9B
Q3 24
$2.8B
$4.7B
Q2 24
$2.7B
$5.0B
Q1 24
$2.7B
$5.1B
Debt / Equity
CNR
CNR
CWH
CWH
Q4 25
0.10×
6.44×
Q3 25
0.09×
5.00×
Q2 25
0.09×
4.42×
Q1 25
0.08×
4.87×
Q4 24
0.06×
4.64×
Q3 24
0.05×
10.09×
Q2 24
0.13×
10.28×
Q1 24
0.13×
11.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNR
CNR
CWH
CWH
Operating Cash FlowLast quarter
$107.3M
$-227.2M
Free Cash FlowOCF − Capex
$26.0M
FCF MarginFCF / Revenue
2.5%
Capex IntensityCapex / Revenue
7.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$21.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNR
CNR
CWH
CWH
Q4 25
$107.3M
$-227.2M
Q3 25
$87.9M
$139.8M
Q2 25
$220.2M
$187.9M
Q1 25
$-109.6M
$-232.5M
Q4 24
$121.3M
$-163.4M
Q3 24
$161.3M
$324.2M
Q2 24
$116.3M
$152.3M
Q1 24
$77.5M
$-68.0M
Free Cash Flow
CNR
CNR
CWH
CWH
Q4 25
$26.0M
Q3 25
$38.6M
Q2 25
$131.0M
Q1 25
$-174.5M
Q4 24
$80.5M
Q3 24
$121.9M
Q2 24
$60.9M
Q1 24
$35.1M
FCF Margin
CNR
CNR
CWH
CWH
Q4 25
2.5%
Q3 25
3.9%
Q2 25
11.9%
Q1 25
-17.1%
Q4 24
14.0%
Q3 24
22.0%
Q2 24
12.4%
Q1 24
6.4%
Capex Intensity
CNR
CNR
CWH
CWH
Q4 25
7.8%
Q3 25
4.9%
Q2 25
8.1%
Q1 25
6.4%
Q4 24
7.1%
Q3 24
7.1%
Q2 24
11.3%
Q1 24
7.7%
Cash Conversion
CNR
CNR
CWH
CWH
Q4 25
Q3 25
2.78×
Q2 25
6.22×
Q1 25
Q4 24
3.94×
Q3 24
1.69×
58.93×
Q2 24
2.00×
15.59×
Q1 24
0.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNR
CNR

Other$397.4M38%
Power Generation$376.5M36%
PRB$183.0M18%
Metallurgical$42.0M4%
Industrial$34.1M3%
Terminal Revenue$6.4M1%
Other Revenue$3.0M0%

CWH
CWH

New Vehicles$457.8M39%
Used Vehicles$386.5M33%
Products Service And Other$160.5M14%
Finance And Insurance Net$111.4M9%
Good Sam Services And Plans$48.0M4%
Good Sam Club$10.5M1%

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