• CNX Resources average gross margin for 2023 was 86.34%, a 64.66% decline from 2022.
• CNX Resources average gross margin for 2022 was 244.33%, a 681.05% decline from 2021.
• CNX Resources average gross margin for 2021 was -42.05%, a 158.51% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.