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Side-by-side financial comparison of Core Natural Resources, Inc. (CNR) and WEX Inc. (WEX). 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 $652.7M, roughly 1.6× WEX Inc.). WEX Inc. runs the higher net margin — 10.1% vs -7.6%, a 17.7% gap on every dollar of revenue. On growth, Core Natural Resources, Inc. posted the faster year-over-year revenue change (81.8% vs -3.1%). Core Natural Resources, Inc. produced more free cash flow last quarter ($26.0M vs $-9.2M). Over the past eight quarters, Core Natural Resources, Inc.'s revenue compounded faster (38.1% CAGR vs 16.8%).

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.

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

CNR vs WEX — Head-to-Head

Bigger by revenue
CNR
CNR
1.6× larger
CNR
$1.0B
$652.7M
WEX
Growing faster (revenue YoY)
CNR
CNR
+84.9% gap
CNR
81.8%
-3.1%
WEX
Higher net margin
WEX
WEX
17.7% more per $
WEX
10.1%
-7.6%
CNR
More free cash flow
CNR
CNR
$35.2M more FCF
CNR
$26.0M
$-9.2M
WEX
Faster 2-yr revenue CAGR
CNR
CNR
Annualised
CNR
38.1%
16.8%
WEX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CNR
CNR
WEX
WEX
Revenue
$1.0B
$652.7M
Net Profit
$-79.0M
$65.8M
Gross Margin
Operating Margin
-9.3%
25.2%
Net Margin
-7.6%
10.1%
Revenue YoY
81.8%
-3.1%
Net Profit YoY
-356.3%
-15.3%
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
WEX
WEX
Q1 26
$652.7M
Q4 25
$1.0B
$465.1M
Q3 25
$1.0B
$481.6M
Q2 25
$1.1B
$454.4M
Q1 25
$1.0B
$444.3M
Q4 24
$573.6M
$440.3M
Q3 24
$553.4M
$479.0M
Q2 24
$490.7M
$478.6M
Net Profit
CNR
CNR
WEX
WEX
Q1 26
$65.8M
Q4 25
$-79.0M
$84.2M
Q3 25
$31.6M
$80.3M
Q2 25
$-36.6M
$68.1M
Q1 25
$-69.3M
$71.5M
Q4 24
$30.8M
$63.9M
Q3 24
$95.6M
$102.9M
Q2 24
$58.1M
$77.0M
Gross Margin
CNR
CNR
WEX
WEX
Q1 26
Q4 25
39.0%
Q3 25
43.0%
Q2 25
40.0%
Q1 25
39.2%
Q4 24
41.5%
Q3 24
48.0%
Q2 24
44.9%
Operating Margin
CNR
CNR
WEX
WEX
Q1 26
25.2%
Q4 25
-9.3%
35.7%
Q3 25
-1.2%
38.1%
Q2 25
-1.7%
34.5%
Q1 25
-5.3%
35.4%
Q4 24
6.6%
35.7%
Q3 24
21.2%
41.0%
Q2 24
14.6%
35.1%
Net Margin
CNR
CNR
WEX
WEX
Q1 26
10.1%
Q4 25
-7.6%
18.1%
Q3 25
3.2%
16.7%
Q2 25
-3.3%
15.0%
Q1 25
-6.8%
16.1%
Q4 24
5.4%
14.5%
Q3 24
17.3%
21.5%
Q2 24
11.8%
16.1%
EPS (diluted)
CNR
CNR
WEX
WEX
Q1 26
Q4 25
$-1.51
$2.38
Q3 25
$0.61
$2.30
Q2 25
$-0.70
$1.98
Q1 25
$-1.38
$1.81
Q4 24
$1.04
$1.60
Q3 24
$3.22
$2.52
Q2 24
$1.96
$1.83

Balance Sheet & Financial Strength

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

Metric
CNR
CNR
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$432.2M
$780.0M
Total DebtLower is stronger
$354.2M
Stockholders' EquityBook value
$3.7B
Total Assets
$6.1B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNR
CNR
WEX
WEX
Q1 26
$780.0M
Q4 25
$432.2M
$5.2B
Q3 25
$444.7M
$4.9B
Q2 25
$413.2M
$4.9B
Q1 25
$388.5M
$4.4B
Q4 24
$460.2M
$4.4B
Q3 24
$331.7M
$4.3B
Q2 24
$216.1M
$4.0B
Total Debt
CNR
CNR
WEX
WEX
Q1 26
Q4 25
$354.2M
Q3 25
$334.5M
Q2 25
$334.0M
Q1 25
$329.8M
Q4 24
$94.8M
Q3 24
$83.7M
Q2 24
$184.9M
Stockholders' Equity
CNR
CNR
WEX
WEX
Q1 26
Q4 25
$3.7B
$1.2B
Q3 25
$3.8B
$1.1B
Q2 25
$3.8B
$978.7M
Q1 25
$3.9B
$810.4M
Q4 24
$1.6B
$1.5B
Q3 24
$1.5B
$1.7B
Q2 24
$1.4B
$1.8B
Total Assets
CNR
CNR
WEX
WEX
Q1 26
Q4 25
$6.1B
$14.4B
Q3 25
$6.2B
$14.4B
Q2 25
$6.2B
$14.7B
Q1 25
$6.3B
$14.0B
Q4 24
$2.9B
$13.3B
Q3 24
$2.8B
$14.0B
Q2 24
$2.7B
$14.2B
Debt / Equity
CNR
CNR
WEX
WEX
Q1 26
Q4 25
0.10×
Q3 25
0.09×
Q2 25
0.09×
Q1 25
0.08×
Q4 24
0.06×
Q3 24
0.05×
Q2 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
CNR
CNR
WEX
WEX
Operating Cash FlowLast quarter
$107.3M
Free Cash FlowOCF − Capex
$26.0M
$-9.2M
FCF MarginFCF / Revenue
2.5%
-1.4%
Capex IntensityCapex / Revenue
7.8%
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$21.2M
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNR
CNR
WEX
WEX
Q1 26
Q4 25
$107.3M
$294.7M
Q3 25
$87.9M
$376.6M
Q2 25
$220.2M
$264.6M
Q1 25
$-109.6M
$-481.6M
Q4 24
$121.3M
$638.4M
Q3 24
$161.3M
$3.3M
Q2 24
$116.3M
$-7.0M
Free Cash Flow
CNR
CNR
WEX
WEX
Q1 26
$-9.2M
Q4 25
$26.0M
$256.3M
Q3 25
$38.6M
$341.6M
Q2 25
$131.0M
$230.0M
Q1 25
$-174.5M
$-514.2M
Q4 24
$80.5M
$599.7M
Q3 24
$121.9M
$-31.7M
Q2 24
$60.9M
$-46.6M
FCF Margin
CNR
CNR
WEX
WEX
Q1 26
-1.4%
Q4 25
2.5%
55.1%
Q3 25
3.9%
70.9%
Q2 25
11.9%
50.6%
Q1 25
-17.1%
-115.7%
Q4 24
14.0%
136.2%
Q3 24
22.0%
-6.6%
Q2 24
12.4%
-9.7%
Capex Intensity
CNR
CNR
WEX
WEX
Q1 26
5.2%
Q4 25
7.8%
8.3%
Q3 25
4.9%
7.3%
Q2 25
8.1%
7.6%
Q1 25
6.4%
7.3%
Q4 24
7.1%
8.8%
Q3 24
7.1%
7.3%
Q2 24
11.3%
8.3%
Cash Conversion
CNR
CNR
WEX
WEX
Q1 26
Q4 25
3.50×
Q3 25
2.78×
4.69×
Q2 25
3.89×
Q1 25
-6.74×
Q4 24
3.94×
9.99×
Q3 24
1.69×
0.03×
Q2 24
2.00×
-0.09×

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%

WEX
WEX

Segment breakdown not available.

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