Canadian Natural Resources Limited (TSX:CNQ)
Canada · Delayed Price · Currency is CAD 66.92
-0.01 (-0.01%)
Oct 1, 2026, 9:35 AM EST
TSX:CNQ Ratios and Metrics
Market cap in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 1, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 137,976 | 96,844 | 93,660 | 94,051 | 83,238 | 62,917 | |
Market Cap Growth | 46.70% | 3.40% | -0.42% | 12.99% | 32.30% | 74.15% |
Enterprise Value | 155,541 | 115,449 | 104,456 | 106,490 | 96,749 | 80,097 |
Last Close Price | 66.93 | 45.18 | 40.92 | 38.20 | 31.56 | 21.08 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 1, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 11.91 | 8.95 | 15.34 | 11.42 | 7.61 | 8.21 |
Forward PE | 12.23 | 14.69 | 11.75 | 10.35 | 7.40 | 7.49 |
PS Ratio | 3.09 | 2.50 | 2.63 | 2.62 | 1.97 | 2.09 |
PB Ratio | 2.95 | 2.18 | 2.37 | 2.36 | 2.18 | 1.70 |
P/TBV Ratio | 2.95 | 2.18 | 2.37 | 2.36 | 2.18 | 1.70 |
P/FCF Ratio | 14.29 | 11.65 | 11.70 | 12.64 | 5.84 | 6.30 |
P/OCF Ratio | 7.75 | 6.41 | 7.00 | 7.61 | 4.29 | 4.35 |
PEG Ratio | - | 0.92 | 2.56 | 2.80 | 0.42 | 1.70 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 1, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 3.48 | 2.98 | 2.93 | 2.96 | 2.29 | 2.67 |
EV/EBITDA Ratio | 7.97 | 7.29 | 6.40 | 6.34 | 4.65 | 5.20 |
EV/EBIT Ratio | 13.52 | 14.15 | 10.75 | 10.18 | 6.54 | 8.45 |
EV/FCF Ratio | 16.11 | 13.88 | 13.05 | 14.31 | 6.79 | 8.02 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 1, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.43 | 0.45 | 0.51 | 0.31 | 0.34 | 0.44 |
Debt / EBITDA Ratio | 1.03 | 1.22 | 1.22 | 0.73 | 0.62 | 1.06 |
Debt / FCF Ratio | 2.09 | 2.37 | 2.53 | 1.66 | 0.91 | 1.63 |
Net Debt / Equity Ratio | 0.38 | 0.43 | 0.51 | 0.28 | 0.30 | 0.41 |
Net Debt / EBITDA Ratio | 0.92 | 1.20 | 1.23 | 0.65 | 0.56 | 0.99 |
Net Debt / FCF Ratio | 1.82 | 2.29 | 2.52 | 1.47 | 0.81 | 1.53 |
Asset Turnover | 0.49 | 0.44 | 0.44 | 0.47 | 0.55 | 0.40 |
Inventory Turnover | 7.93 | 7.38 | 7.49 | 9.24 | 11.11 | 10.55 |
Quick Ratio | 0.70 | 0.58 | 0.44 | 0.62 | 0.57 | 0.56 |
Current Ratio | 1.00 | 0.95 | 0.77 | 0.96 | 0.82 | 0.80 |
Return on Equity (ROE) | 26.68% | 25.81% | 15.40% | 21.11% | 29.12% | 22.11% |
Return on Assets (ROA) | 7.91% | 5.76% | 7.53% | 8.60% | 12.10% | 7.80% |
Return on Invested Capital (ROIC) | 14.11% | 10.84% | 13.34% | 16.87% | 23.17% | 13.68% |
Return on Capital Employed (ROCE) | 13.50% | 9.70% | 12.80% | 15.30% | 21.90% | 13.70% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 1, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 8.52% | 11.17% | 6.52% | 8.75% | 13.14% | 12.18% |
FCF Yield | 7.00% | 8.59% | 8.54% | 7.92% | 17.13% | 15.87% |
Dividend Yield | 3.74% | 5.20% | 5.22% | 4.84% | 4.91% | 4.74% |
Payout Ratio | 44.47% | 45.02% | 72.54% | 47.26% | 29.46% | 28.31% |
Buyback Yield / Dilution | 1.10% | 1.99% | 2.90% | 4.09% | 3.15% | -0.40% |
Total Shareholder Return | 4.84% | 7.19% | 8.12% | 8.94% | 8.06% | 4.33% |