Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
50.37
-1.18 (-2.30%)
Sep 16, 2026, 11:56 AM EDT - Market open

Canadian Natural Resources Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
106,20670,63165,09471,21761,50249,717
Market Cap Growth
62.88%8.51%-8.60%15.80%23.70%75.35%
Enterprise Value
118,82784,20072,59780,63671,48563,293
Last Close Price
51.5532.9028.4628.8323.3016.66

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.718.9515.3411.427.618.21
PS Ratio
3.382.502.632.621.972.09
PB Ratio
3.222.182.372.362.181.70
P/TBV Ratio
3.222.182.372.362.181.70
P/FCF Ratio
15.3211.6511.7012.645.846.30
P/OCF Ratio
8.316.417.007.614.294.35

EV Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
EV/Sales Ratio
3.782.982.932.962.292.67
EV/EBITDA Ratio
8.827.296.406.344.655.20
EV/EBIT Ratio
14.6614.1510.7510.186.548.45
EV/FCF Ratio
17.1413.8813.0514.316.798.02

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Debt / Equity Ratio
0.430.450.510.310.340.44
Debt / EBITDA Ratio
1.031.221.220.730.621.06
Debt / FCF Ratio
2.092.372.531.660.911.63
Net Debt / Equity Ratio
0.380.430.510.280.300.41
Net Debt / EBITDA Ratio
0.921.201.230.650.560.99
Net Debt / FCF Ratio
1.822.292.521.470.811.53
Asset Turnover
0.490.440.440.470.550.40
Inventory Turnover
7.937.387.499.2411.1110.55
Quick Ratio
0.700.580.440.620.570.56
Current Ratio
1.000.950.770.960.820.80
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
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
7.79%11.17%6.52%8.75%13.14%12.18%
FCF Yield
6.53%8.59%8.54%7.92%17.13%15.87%
Dividend Yield
3.53%5.21%5.22%4.86%4.91%4.74%
Payout Ratio
44.86%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
4.55%7.20%8.12%8.95%8.06%4.33%
SEC Filings: 10-K · 10-Q