vs
Side-by-side financial comparison of Core Natural Resources, Inc. (CNR) and Diversified Energy Co (DEC). Click either name above to swap in a different company.
Core Natural Resources, Inc. is the larger business by last-quarter revenue ($1.0B vs $666.5M, roughly 1.6× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs -7.6%, a 36.9% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $26.0M).
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.
DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada. Its operating units include an electric utility serving 2.2 million customers and a natural gas utility serving 1.3 million customers in Michigan.
CNR vs DEC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $666.5M |
| Net Profit | $-79.0M | $195.5M |
| Gross Margin | — | — |
| Operating Margin | -9.3% | 37.6% |
| Net Margin | -7.6% | 29.3% |
| Revenue YoY | 81.8% | — |
| Net Profit YoY | -356.3% | — |
| 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.
| Q4 25 | $1.0B | $666.5M | ||
| Q3 25 | $1.0B | $499.8M | ||
| Q2 25 | $1.1B | $600.3M | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $573.6M | — | ||
| Q3 24 | $553.4M | — | ||
| Q2 24 | $490.7M | — | ||
| Q1 24 | $546.7M | — |
| Q4 25 | $-79.0M | $195.5M | ||
| Q3 25 | $31.6M | $171.1M | ||
| Q2 25 | $-36.6M | $297.7M | ||
| Q1 25 | $-69.3M | — | ||
| Q4 24 | $30.8M | — | ||
| Q3 24 | $95.6M | — | ||
| Q2 24 | $58.1M | — | ||
| Q1 24 | $101.9M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -9.3% | 37.6% | ||
| Q3 25 | -1.2% | 36.2% | ||
| Q2 25 | -1.7% | 48.5% | ||
| Q1 25 | -5.3% | — | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 21.2% | — | ||
| Q2 24 | 14.6% | — | ||
| Q1 24 | 22.7% | — |
| Q4 25 | -7.6% | 29.3% | ||
| Q3 25 | 3.2% | 34.2% | ||
| Q2 25 | -3.3% | 49.6% | ||
| Q1 25 | -6.8% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 17.3% | — | ||
| Q2 24 | 11.8% | — | ||
| Q1 24 | 18.6% | — |
| Q4 25 | $-1.51 | — | ||
| Q3 25 | $0.61 | $2.14 | ||
| Q2 25 | $-0.70 | $3.67 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $432.2M | $29.7M |
| Total DebtLower is stronger | $354.2M | $2.7B |
| Stockholders' EquityBook value | $3.7B | $984.1M |
| Total Assets | $6.1B | $6.2B |
| Debt / EquityLower = less leverage | 0.10× | 2.76× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $432.2M | $29.7M | ||
| Q3 25 | $444.7M | — | ||
| Q2 25 | $413.2M | $23.7M | ||
| Q1 25 | $388.5M | — | ||
| Q4 24 | $460.2M | — | ||
| Q3 24 | $331.7M | — | ||
| Q2 24 | $216.1M | — | ||
| Q1 24 | $172.6M | — |
| Q4 25 | $354.2M | $2.7B | ||
| Q3 25 | $334.5M | — | ||
| Q2 25 | $334.0M | — | ||
| Q1 25 | $329.8M | — | ||
| Q4 24 | $94.8M | — | ||
| Q3 24 | $83.7M | — | ||
| Q2 24 | $184.9M | — | ||
| Q1 24 | $185.5M | — |
| Q4 25 | $3.7B | $984.1M | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.8B | $727.7M | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
| Q4 25 | $6.1B | $6.2B | ||
| Q3 25 | $6.2B | — | ||
| Q2 25 | $6.2B | $5.7B | ||
| Q1 25 | $6.3B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
| Q4 25 | 0.10× | 2.76× | ||
| Q3 25 | 0.09× | — | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.08× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.05× | — | ||
| Q2 24 | 0.13× | — | ||
| Q1 24 | 0.13× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $107.3M | $464.6M |
| Free Cash FlowOCF − Capex | $26.0M | $280.0M |
| FCF MarginFCF / Revenue | 2.5% | 42.0% |
| Capex IntensityCapex / Revenue | 7.8% | 27.7% |
| Cash ConversionOCF / Net Profit | — | 2.38× |
| TTM Free Cash FlowTrailing 4 quarters | $21.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $107.3M | $464.6M | ||
| Q3 25 | $87.9M | — | ||
| Q2 25 | $220.2M | $264.1M | ||
| Q1 25 | $-109.6M | — | ||
| Q4 24 | $121.3M | — | ||
| Q3 24 | $161.3M | — | ||
| Q2 24 | $116.3M | — | ||
| Q1 24 | $77.5M | — |
| Q4 25 | $26.0M | $280.0M | ||
| 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 | — |
| Q4 25 | 2.5% | 42.0% | ||
| 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% | — |
| Q4 25 | 7.8% | 27.7% | ||
| 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% | — |
| Q4 25 | — | 2.38× | ||
| Q3 25 | 2.78× | — | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.94× | — | ||
| Q3 24 | 1.69× | — | ||
| Q2 24 | 2.00× | — | ||
| Q1 24 | 0.76× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNR
| Other | $397.4M | 38% |
| Power Generation | $376.5M | 36% |
| PRB | $183.0M | 18% |
| Metallurgical | $42.0M | 4% |
| Industrial | $34.1M | 3% |
| Terminal Revenue | $6.4M | 1% |
| Other Revenue | $3.0M | 0% |
DEC
Segment breakdown not available.
