Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
48.55
-0.37 (-0.76%)
At close: Nov 6, 2026, 4:00 PM EST
48.67
+0.12 (0.26%)
After-hours: Nov 6, 2026, 7:39 PM EST
Canadian Natural Resources Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 6, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 98,887 | 97,190 | 82,213 | 101,452 | 70,631 | 66,731 | 65,690 | 64,671 | 65,094 | 70,396 | 75,864 | 81,928 | 71,217 | 70,801 | 61,567 | 60,767 | 61,502 | 52,520 | 61,989 | 72,083 | 49,717 | |
Market Cap Growth (YoY) | 48.37% | 45.65% | 25.15% | 56.87% | 8.51% | -5.21% | -13.41% | -21.06% | -8.60% | -0.57% | 23.22% | 34.82% | 15.80% | 34.81% | -0.68% | -15.70% | 23.70% | 20.88% | 44.02% | 96.74% | 75.35% |
Enterprise Value | 109,569 | 109,563 | 95,742 | 115,099 | 84,200 | 79,911 | 79,431 | 78,686 | 72,597 | 78,377 | 84,054 | 90,007 | 80,636 | 80,436 | 71,372 | 69,319 | 71,485 | 62,403 | 73,593 | 84,278 | 63,293 |
Last Close Price | 48.55 | 47.07 | 39.15 | 47.79 | 32.90 | 30.66 | 29.73 | 28.78 | 28.46 | 30.24 | 32.03 | 33.94 | 28.83 | 28.12 | 24.21 | 23.53 | 23.30 | 19.33 | 21.59 | 24.69 | 16.66 |
Price Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 6, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 10.11 | 9.75 | 9.93 | 14.58 | 8.95 | 13.97 | 10.77 | 12.27 | 15.34 | 12.52 | 13.53 | 14.95 | 11.42 | 13.44 | 10.73 | 8.53 | 7.61 | 6.03 | 7.04 | 9.59 | 8.21 |
PS Ratio | 2.93 | 2.88 | 2.61 | 3.67 | 2.50 | 2.41 | 2.36 | 2.42 | 2.63 | 2.66 | 2.83 | 3.12 | 2.62 | 2.65 | 2.22 | 2.04 | 1.97 | 1.72 | 2.04 | 2.64 | 2.09 |
PB Ratio | 2.99 | 2.94 | 2.50 | 3.17 | 2.18 | 2.30 | 2.17 | 2.30 | 2.37 | 2.38 | 2.63 | 2.81 | 2.36 | 2.42 | 2.11 | 2.13 | 2.18 | 1.89 | 2.03 | 2.34 | 1.70 |
P/TBV Ratio | 2.99 | 2.94 | 2.50 | 3.17 | 2.18 | 2.30 | 2.17 | 2.30 | 2.37 | 2.38 | 2.63 | 2.81 | 2.36 | 2.42 | 2.11 | 2.13 | 2.18 | 1.89 | 2.03 | 2.34 | 1.70 |
P/FCF Ratio | 10.76 | 10.64 | 12.09 | 22.00 | 11.65 | 11.44 | 11.25 | 10.08 | 11.71 | 9.80 | 9.95 | 12.11 | 12.64 | 13.86 | 8.59 | 6.41 | 5.84 | 5.11 | 6.40 | 9.32 | 6.30 |
P/OCF Ratio | 6.68 | 6.61 | 6.55 | 10.04 | 6.41 | 6.29 | 6.48 | 6.28 | 7.00 | 6.44 | 6.80 | 7.97 | 7.61 | 7.93 | 5.55 | 4.61 | 4.29 | 3.69 | 4.50 | 6.08 | 4.35 |
EV Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 6, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 3.24 | 3.24 | 3.04 | 4.16 | 2.98 | 2.88 | 2.85 | 2.95 | 2.93 | 2.96 | 3.13 | 3.43 | 2.96 | 3.01 | 2.58 | 2.33 | 2.29 | 2.05 | 2.43 | 3.08 | 2.67 |
EV/EBITDA Ratio | 6.97 | 6.83 | 6.98 | 10.68 | 7.18 | 6.84 | 6.08 | 6.21 | 6.40 | 6.43 | 6.73 | 7.64 | 6.45 | 7.39 | 6.03 | 4.94 | 4.72 | 3.72 | 4.46 | 5.90 | 5.20 |
EV/EBIT Ratio | 10.58 | 10.58 | 11.82 | 22.27 | 14.15 | 12.55 | 10.06 | 10.04 | 10.75 | 10.65 | 10.81 | 12.49 | 10.20 | 12.43 | 9.64 | 7.13 | 6.56 | 5.01 | 6.18 | 8.83 | 8.43 |
EV/FCF Ratio | 11.93 | 11.99 | 14.08 | 24.96 | 13.88 | 13.69 | 13.60 | 12.26 | 13.06 | 10.91 | 11.02 | 13.31 | 14.31 | 15.74 | 9.96 | 7.31 | 6.79 | 6.08 | 7.60 | 10.90 | 8.02 |
Financial Efficiency
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 6, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.42 | 0.42 | 0.43 | 0.45 | 0.45 | 0.46 | 0.45 | 0.47 | 0.51 | 0.29 | 0.30 | 0.32 | 0.31 | 0.33 | 0.35 | 0.35 | 0.34 | 0.38 | 0.36 | 0.40 | 0.44 |
Debt / EBITDA Ratio | 0.86 | 0.78 | 0.60 | 1.16 | 1.22 | 1.58 | 1.18 | 0.89 | 1.14 | 0.64 | 0.68 | 0.93 | 0.68 | 0.64 | 1.08 | 0.86 | 1.19 | 0.59 | 0.55 | 0.71 | 0.81 |
Debt / FCF Ratio | 1.51 | 1.51 | 2.09 | 3.11 | 2.37 | 2.30 | 2.32 | 2.04 | 2.54 | 1.19 | 1.12 | 1.37 | 1.66 | 1.90 | 1.44 | 1.06 | 0.91 | 1.03 | 1.14 | 1.60 | 1.63 |
Net Debt / Equity Ratio | 0.32 | 0.32 | 0.38 | 0.43 | 0.43 | 0.46 | 0.45 | 0.46 | 0.51 | 0.27 | 0.27 | 0.28 | 0.28 | 0.31 | 0.34 | 0.34 | 0.30 | 0.35 | 0.35 | 0.39 | 0.41 |
Net Debt / EBITDA Ratio | 0.68 | 0.66 | 0.90 | 1.28 | 1.19 | 1.14 | 1.03 | 1.03 | 1.23 | 0.66 | 0.63 | 0.70 | 0.66 | 0.84 | 0.83 | 0.68 | 0.56 | 0.59 | 0.64 | 0.84 | 0.99 |
Net Debt / FCF Ratio | 1.16 | 1.16 | 1.82 | 2.98 | 2.29 | 2.29 | 2.31 | 2.03 | 2.52 | 1.11 | 1.03 | 1.22 | 1.47 | 1.80 | 1.37 | 1.01 | 0.81 | 0.96 | 1.09 | 1.55 | 1.53 |
Asset Turnover | 0.52 | 0.52 | 0.49 | 0.43 | 0.44 | 0.48 | 0.47 | 0.48 | 0.44 | 0.47 | 0.49 | 0.47 | 0.47 | 0.47 | 0.48 | 0.53 | 0.55 | 0.55 | 0.51 | 0.45 | 0.40 |
Inventory Turnover | 7.85 | 8.11 | 9.00 | 7.75 | 7.32 | 7.23 | 6.90 | 8.04 | 7.07 | 6.85 | 7.75 | 8.19 | 8.38 | 8.38 | 9.35 | 9.63 | 10.76 | 9.19 | 11.00 | 11.09 | 11.31 |
Quick Ratio | 0.73 | 0.73 | 0.70 | 0.64 | 0.58 | 0.46 | 0.47 | 0.46 | 0.44 | 0.48 | 0.54 | 0.56 | 0.62 | 0.60 | 0.40 | 0.53 | 0.57 | 0.54 | 0.60 | 0.54 | 0.56 |
Current Ratio | 0.99 | 0.99 | 1.00 | 0.98 | 0.95 | 0.86 | 0.85 | 0.84 | 0.77 | 0.84 | 0.88 | 0.88 | 0.96 | 0.91 | 0.70 | 0.83 | 0.82 | 0.78 | 0.85 | 0.75 | 0.80 |
Return on Equity (ROE) | 32.39% | 32.39% | 26.68% | 22.82% | 25.81% | 16.56% | 20.61% | 18.95% | 15.40% | 19.10% | 19.65% | 19.01% | 21.11% | 18.32% | 19.48% | 25.00% | 29.12% | 32.45% | 30.84% | 26.18% | 22.11% |
Return on Assets (ROA) | 9.97% | 9.97% | 7.91% | 5.04% | 5.76% | 6.90% | 8.35% | 8.76% | 7.53% | 8.21% | 8.80% | 8.07% | 8.60% | 7.12% | 7.99% | 10.73% | 12.10% | 13.98% | 12.50% | 9.71% | 7.80% |
Return on Invested Capital (ROIC) | 17.93% | 18.69% | 14.63% | 9.78% | 11.05% | 13.12% | 15.57% | 15.83% | 13.24% | 15.46% | 16.27% | 15.12% | 16.74% | 13.59% | 14.99% | 19.69% | 22.54% | 24.80% | 22.05% | 16.88% | 13.70% |
Return on Capital Employed (ROCE) | 17.30% | 17.30% | 13.50% | 8.50% | 9.70% | 11.50% | 14.00% | 14.80% | 12.80% | 14.80% | 15.80% | 14.50% | 15.20% | 12.90% | 14.70% | 19.40% | 21.80% | 25.00% | 22.30% | 17.40% | 13.70% |
Yields
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 6, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 9.89% | 10.26% | 10.07% | 6.86% | 11.17% | 7.16% | 9.29% | 8.15% | 6.52% | 7.99% | 7.39% | 6.69% | 8.75% | 7.44% | 9.32% | 11.72% | 13.14% | 16.57% | 14.20% | 10.43% | 12.18% |
FCF Yield | 9.29% | 9.40% | 8.27% | 4.55% | 8.59% | 8.74% | 8.89% | 9.92% | 8.54% | 10.21% | 10.06% | 8.25% | 7.91% | 7.22% | 11.64% | 15.60% | 17.13% | 19.56% | 15.62% | 10.72% | 15.87% |
Dividend Yield | 3.69% | 3.65% | 4.30% | 3.52% | 5.05% | 5.22% | 5.28% | 4.96% | 4.80% | 4.61% | 4.10% | 3.71% | 4.22% | 4.03% | 4.55% | 4.34% | 4.11% | 4.37% | 3.63% | 2.93% | 3.71% |
Payout Ratio | 37.34% | 43.18% | 28.96% | 90.80% | 23.12% | 204.67% | 50.14% | 48.17% | 97.54% | 49.34% | 65.60% | 109.02% | 37.30% | 41.98% | 67.60% | 52.14% | 53.85% | 29.99% | 24.87% | 22.22% | 21.78% |
Buyback Yield / Dilution | 0.91% | 1.05% | 0.47% | 0.61% | 1.47% | 1.83% | 2.32% | 2.33% | 2.72% | 3.11% | 2.79% | 2.91% | 2.66% | 2.71% | 5.23% | 5.79% | 5.50% | 4.52% | 2.01% | 0.58% | -0.16% |
Total Shareholder Return | 4.60% | 4.71% | 4.76% | 4.13% | 6.52% | 7.05% | 7.60% | 7.29% | 7.52% | 7.72% | 6.89% | 6.63% | 6.88% | 6.74% | 9.78% | 10.13% | 9.61% | 8.88% | 5.64% | 3.51% | 3.55% |