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Side-by-side financial comparison of Core Natural Resources, Inc. (CNR) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.

Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $1.0B, roughly 1.8× Core Natural Resources, Inc.). Primoris Services Corp runs the higher net margin — 2.8% vs -7.6%, a 10.4% gap on every dollar of revenue. On growth, Core Natural Resources, Inc. posted the faster year-over-year revenue change (81.8% vs 6.7%). Primoris Services Corp produced more free cash flow last quarter ($121.1M vs $26.0M). Over the past eight quarters, Core Natural Resources, Inc.'s revenue compounded faster (38.1% CAGR vs 14.7%).

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.

Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.

CNR vs PRIM — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.8× larger
PRIM
$1.9B
$1.0B
CNR
Growing faster (revenue YoY)
CNR
CNR
+75.1% gap
CNR
81.8%
6.7%
PRIM
Higher net margin
PRIM
PRIM
10.4% more per $
PRIM
2.8%
-7.6%
CNR
More free cash flow
PRIM
PRIM
$95.1M more FCF
PRIM
$121.1M
$26.0M
CNR
Faster 2-yr revenue CAGR
CNR
CNR
Annualised
CNR
38.1%
14.7%
PRIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNR
CNR
PRIM
PRIM
Revenue
$1.0B
$1.9B
Net Profit
$-79.0M
$51.7M
Gross Margin
9.4%
Operating Margin
-9.3%
4.2%
Net Margin
-7.6%
2.8%
Revenue YoY
81.8%
6.7%
Net Profit YoY
-356.3%
-4.2%
EPS (diluted)
$-1.51
$0.94

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
PRIM
PRIM
Q4 25
$1.0B
$1.9B
Q3 25
$1.0B
$2.2B
Q2 25
$1.1B
$1.9B
Q1 25
$1.0B
$1.6B
Q4 24
$573.6M
$1.7B
Q3 24
$553.4M
$1.6B
Q2 24
$490.7M
$1.6B
Q1 24
$546.7M
$1.4B
Net Profit
CNR
CNR
PRIM
PRIM
Q4 25
$-79.0M
$51.7M
Q3 25
$31.6M
$94.6M
Q2 25
$-36.6M
$84.3M
Q1 25
$-69.3M
$44.2M
Q4 24
$30.8M
$54.0M
Q3 24
$95.6M
$58.4M
Q2 24
$58.1M
$49.5M
Q1 24
$101.9M
$18.9M
Gross Margin
CNR
CNR
PRIM
PRIM
Q4 25
9.4%
Q3 25
10.8%
Q2 25
12.3%
Q1 25
10.4%
Q4 24
10.6%
Q3 24
12.0%
Q2 24
11.9%
Q1 24
9.4%
Operating Margin
CNR
CNR
PRIM
PRIM
Q4 25
-9.3%
4.2%
Q3 25
-1.2%
6.3%
Q2 25
-1.7%
6.7%
Q1 25
-5.3%
4.3%
Q4 24
6.6%
5.0%
Q3 24
21.2%
6.0%
Q2 24
14.6%
5.5%
Q1 24
22.7%
3.1%
Net Margin
CNR
CNR
PRIM
PRIM
Q4 25
-7.6%
2.8%
Q3 25
3.2%
4.3%
Q2 25
-3.3%
4.5%
Q1 25
-6.8%
2.7%
Q4 24
5.4%
3.1%
Q3 24
17.3%
3.5%
Q2 24
11.8%
3.2%
Q1 24
18.6%
1.3%
EPS (diluted)
CNR
CNR
PRIM
PRIM
Q4 25
$-1.51
$0.94
Q3 25
$0.61
$1.73
Q2 25
$-0.70
$1.54
Q1 25
$-1.38
$0.81
Q4 24
$1.04
$0.98
Q3 24
$3.22
$1.07
Q2 24
$1.96
$0.91
Q1 24
$3.39
$0.35

Balance Sheet & Financial Strength

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

Metric
CNR
CNR
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$432.2M
$535.5M
Total DebtLower is stronger
$354.2M
$469.9M
Stockholders' EquityBook value
$3.7B
$1.7B
Total Assets
$6.1B
$4.4B
Debt / EquityLower = less leverage
0.10×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNR
CNR
PRIM
PRIM
Q4 25
$432.2M
$535.5M
Q3 25
$444.7M
$431.4M
Q2 25
$413.2M
$390.3M
Q1 25
$388.5M
$351.6M
Q4 24
$460.2M
$455.8M
Q3 24
$331.7M
$352.7M
Q2 24
$216.1M
$207.4M
Q1 24
$172.6M
$177.6M
Total Debt
CNR
CNR
PRIM
PRIM
Q4 25
$354.2M
$469.9M
Q3 25
$334.5M
$486.0M
Q2 25
$334.0M
$603.1M
Q1 25
$329.8M
$612.0M
Q4 24
$94.8M
$734.8M
Q3 24
$83.7M
$903.7M
Q2 24
$184.9M
$933.0M
Q1 24
$185.5M
$951.7M
Stockholders' Equity
CNR
CNR
PRIM
PRIM
Q4 25
$3.7B
$1.7B
Q3 25
$3.8B
$1.6B
Q2 25
$3.8B
$1.5B
Q1 25
$3.9B
$1.4B
Q4 24
$1.6B
$1.4B
Q3 24
$1.5B
$1.4B
Q2 24
$1.4B
$1.3B
Q1 24
$1.4B
$1.2B
Total Assets
CNR
CNR
PRIM
PRIM
Q4 25
$6.1B
$4.4B
Q3 25
$6.2B
$4.6B
Q2 25
$6.2B
$4.5B
Q1 25
$6.3B
$4.2B
Q4 24
$2.9B
$4.2B
Q3 24
$2.8B
$4.2B
Q2 24
$2.7B
$4.0B
Q1 24
$2.7B
$4.0B
Debt / Equity
CNR
CNR
PRIM
PRIM
Q4 25
0.10×
0.28×
Q3 25
0.09×
0.30×
Q2 25
0.09×
0.39×
Q1 25
0.08×
0.42×
Q4 24
0.06×
0.52×
Q3 24
0.05×
0.67×
Q2 24
0.13×
0.72×
Q1 24
0.13×
0.76×

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
PRIM
PRIM
Operating Cash FlowLast quarter
$107.3M
$142.9M
Free Cash FlowOCF − Capex
$26.0M
$121.1M
FCF MarginFCF / Revenue
2.5%
6.5%
Capex IntensityCapex / Revenue
7.8%
1.2%
Cash ConversionOCF / Net Profit
2.76×
TTM Free Cash FlowTrailing 4 quarters
$21.2M
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNR
CNR
PRIM
PRIM
Q4 25
$107.3M
$142.9M
Q3 25
$87.9M
$182.9M
Q2 25
$220.2M
$78.5M
Q1 25
$-109.6M
$66.2M
Q4 24
$121.3M
$298.3M
Q3 24
$161.3M
$222.5M
Q2 24
$116.3M
$16.1M
Q1 24
$77.5M
$-28.5M
Free Cash Flow
CNR
CNR
PRIM
PRIM
Q4 25
$26.0M
$121.1M
Q3 25
$38.6M
$148.4M
Q2 25
$131.0M
$45.3M
Q1 25
$-174.5M
$25.6M
Q4 24
$80.5M
$270.0M
Q3 24
$121.9M
$158.8M
Q2 24
$60.9M
$-8.1M
Q1 24
$35.1M
$-38.9M
FCF Margin
CNR
CNR
PRIM
PRIM
Q4 25
2.5%
6.5%
Q3 25
3.9%
6.8%
Q2 25
11.9%
2.4%
Q1 25
-17.1%
1.6%
Q4 24
14.0%
15.5%
Q3 24
22.0%
9.6%
Q2 24
12.4%
-0.5%
Q1 24
6.4%
-2.8%
Capex Intensity
CNR
CNR
PRIM
PRIM
Q4 25
7.8%
1.2%
Q3 25
4.9%
1.6%
Q2 25
8.1%
1.8%
Q1 25
6.4%
2.5%
Q4 24
7.1%
1.6%
Q3 24
7.1%
3.9%
Q2 24
11.3%
1.5%
Q1 24
7.7%
0.7%
Cash Conversion
CNR
CNR
PRIM
PRIM
Q4 25
2.76×
Q3 25
2.78×
1.93×
Q2 25
0.93×
Q1 25
1.50×
Q4 24
3.94×
5.53×
Q3 24
1.69×
3.81×
Q2 24
2.00×
0.32×
Q1 24
0.76×
-1.50×

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%

PRIM
PRIM

Energy Segment$1.2B64%
Unit Price Contracts$473.7M25%
Cost Reimbursable Contracts$121.3M7%
Other$74.9M4%

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