Canadian Natural Resources (CNQ) Key Ratios
$50.46
As on 04-Sep-2026 17:46EDT
Market cap
$104,023 Mln
Revenue (TTM)
$48,278 Mln
P/E Ratio
12.6
P/B Ratio
3.2
Div. Yield
4.7 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 58.83 | 77.92 | 10.09 | 7.57 | 15.96 |
| EBIT | 198.35 | 101.05 | 41.87 | 20.11 | 26.97 |
| Net Profit | 233.19 | 83.12 | 41.30 | 15.68 | 23.54 |
| EPS | 234.19 | 83.98 | 43.00 | 18.37 | 26.74 |
| Book Value | -- | -- | 14.00 | 7.57 | 9.17 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 28.73 | 29.53 | 32.84 | 32.33 | 27.26 |
| Net Margin
| -- | -- | 24.35 | -- | -- |
| Return on equity
| 20.78 | 22.71 | 25.80 | 25.82 | 15.40 |
| Return on Capital
| 14.79 | 15.91 | -- | 17.48 | 10.91 |
| Return on Assets
| 10.20 | 11.00 | 11.66 | 12.22 | 7.57 |
| Debt to Equity (x)
| -- | -- | 0.32 | 0.44 | 0.51 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
--
|
17.48
|
10.91
|
15.97
|
21.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
25.80
Higher than Peers by 20.50
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
25.80
|
25.82
|
15.40
|
21.11
|
29.12
|
|
Peer Median
|
5.30
|
--
|
--
|
--
|
--
|
ROA
11.66
Higher than Peers by 7.50
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
11.66
|
12.22
|
7.57
|
10.83
|
14.31
|
|
Peer Median
|
4.16
|
--
|
--
|
--
|
--
|
EBIT Margin
32.84
Higher than Peers by 10.44
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
32.84
|
32.33
|
27.26
|
26.59
|
29.02
|
|
Peer Median
|
22.40
|
--
|
--
|
--
|
--
|
Net Margin
24.35
Higher than Peers by 7.92
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
24.35
|
24.50
|
17.12
|
20.16
|
22.08
|
|
Peer Median
|
16.43
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
10.09
Higher than Peers by 7.51
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
10.09
|
0.24
|
-0.13
|
-0.18
|
0.51
|
|
Peer Median
|
2.58
|
--
|
--
|
--
|
--
|
EBIT Growth
41.87
Higher than Peers by 33.77
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
41.87
|
46.91
|
-10.46
|
-24.47
|
34.92
|
|
Peer Median
|
8.09
|
--
|
--
|
--
|
--
|
Net Profit Growth
41.30
Higher than Peers by 67.13
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
41.30
|
77.20
|
-25.84
|
-24.72
|
42.71
|
|
Peer Median
|
-25.84
|
--
|
--
|
--
|
--
|
EPS Growth
43.00
Higher than Peers by 66.70
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
43.00
|
0.80
|
-0.24
|
-0.23
|
0.51
|
|
Peer Median
|
-23.70
|
--
|
--
|
--
|
--
|
Book Value Growth
13.85
Higher than Peers by 11.99
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
13.85
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.86
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.32
Higher than Peers by 0.11
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
0.32
|
0.44
|
0.51
|
0.31
|
0.33
|
|
Peer Median
|
0.21
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.05
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
0.05
|
0.02
|
0.07
|
0.03
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.00
Lower than Peers by 0.30
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
1.00
|
0.95
|
0.77
|
0.96
|
0.82
|
|
Peer Median
|
1.31
|
--
|
--
|
--
|
--
|
Quick Ratio
0.75
Lower than Peers by 0.55
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
0.75
|
0.63
|
0.48
|
0.69
|
0.61
|
|
Peer Median
|
1.31
|
--
|
--
|
--
|
--
|
Interest Coverage
17.72
Higher than Peers by 0.08
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
17.72
|
13.74
|
14.44
|
15.71
|
21.45
|
|
Peer Median
|
17.63
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
10.94
Lower than Peers by 3.41
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
10.94
|
9.05
|
11.57
|
7.81
|
7.18
|
|
Peer Median
|
14.35
|
--
|
--
|
--
|
--
|
Asset Turnover
0.48
Higher than Peers by 0.14
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
0.48
|
0.50
|
0.44
|
0.54
|
0.65
|
|
Peer Median
|
0.34
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
--
|
33.58
|
37.47
|
30.16
|
24.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
--
|
28.43
|
48.77
|
24.19
|
18.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
--
|
11.47
|
25.23
|
17.34
|
11.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Canadian Natural Resources (CNQ)
|
--
|
50.54
|
61.01
|
37.01
|
31.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|