Core Natural Resources shares have fallen 8.5% over the past six months, underperforming the S&P 500's 8.5% gain and leaving the stock at $81.75. The company, which mines and exports metallurgical and thermal coal, grew revenue at a 35% compound annual rate over five years and generated $4.23 billion in the last twelve months. However, its adjusted EBITDA margin contracted by 11 percentage points over the past year to 17%, signaling rising costs that could not be passed on to customers. The stock now trades at 4.7 times forward EV-to-EBITDA.
Core Natural Resources, Inc.Adjusted EBITDA margin contracted 11 percentage points to 17% due to rising costs that could not be passed on to customers.