Canadian Natural Resources Limited (CNQ)
NYSE: CNQ · Real-Time Price · USD
51.40
+0.37 (0.73%)
Aug 21, 2026, 4:00 PM EDT - Market closed
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 | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 21, 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 | Sep '21 Sep 30, 2021 |
| 106,016 | 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 | 43,450 | |
Market Cap Growth (YoY) | 71.15% | 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% | 129.69% |
Enterprise Value | 118,773 | 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 | 58,725 |
Last Close Price | 51.40 | 39.50 | 48.22 | 33.19 | 30.93 | 29.99 | 29.04 | 28.72 | 30.51 | 32.32 | 34.25 | 29.09 | 28.38 | 24.43 | 23.74 | 23.51 | 19.50 | 21.79 | 24.91 | 16.81 | 14.38 |
Price Ratios
Fiscal Quarter | Current | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 21, 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 | Sep '21 Sep 30, 2021 |
PE Ratio | 12.98 | 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 | 9.35 |
PS Ratio | 3.37 | 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 | 2.12 |
PB Ratio | 3.22 | 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 | 1.55 |
P/TBV Ratio | 3.22 | 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 | 1.55 |
P/FCF Ratio | 15.12 | 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 | 7.45 |
P/OCF Ratio | 8.20 | 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 | 4.98 |
EV Ratios
Fiscal Quarter | Current | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 21, 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 | Sep '21 Sep 30, 2021 |
EV/Sales Ratio | 3.78 | 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 | 2.87 |
EV/EBITDA Ratio | 8.82 | 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 | 6.17 |
EV/EBIT Ratio | 14.66 | 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 | 11.92 |
EV/FCF Ratio | 16.94 | 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 | 10.07 |
Financial Efficiency
Fiscal Quarter | Current | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 21, 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 | Sep '21 Sep 30, 2021 |
Debt / Equity Ratio | 0.43 | 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 | 0.52 |
Debt / EBITDA Ratio | 1.03 | 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 | 1.07 |
Debt / FCF Ratio | 2.09 | 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 | 2.49 |
Net Debt / Equity Ratio | 0.38 | 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 | 0.48 |
Net Debt / EBITDA Ratio | 0.92 | 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 | 1.43 |
Net Debt / FCF Ratio | 1.82 | 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 | 2.33 |
Asset Turnover | 0.62 | 0.47 | 0.43 | 0.45 | 0.41 | 0.51 | 0.47 | 0.47 | 0.48 | 0.43 | 0.50 | 0.52 | 0.42 | 0.46 | 0.51 | 0.54 | 0.59 | 0.55 | 0.49 | 0.41 | |
Inventory Turnover | 7.93 | 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 | 10.71 |
Quick Ratio | 0.70 | 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 | 0.67 |
Current Ratio | 1.00 | 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 | 0.91 |
Return on Equity (ROE) | 39.40% | 12.12% | 50.01% | 5.87% | 24.07% | 24.61% | 11.47% | 22.84% | 17.37% | 9.95% | 26.45% | 23.96% | 15.15% | 18.75% | 15.93% | 29.06% | 36.00% | 32.89% | 27.97% | 25.26% | |
Return on Assets (ROA) | 16.66% | 6.33% | 5.29% | 2.70% | 6.05% | 9.70% | 8.07% | 9.35% | 8.42% | 5.76% | 9.24% | 11.63% | 5.57% | 8.03% | 3.67% | 14.68% | 16.09% | 12.98% | 11.44% | 9.39% | |
Return on Invested Capital (ROIC) | 7.58% | 2.88% | 2.38% | 1.55% | 3.03% | 4.41% | 3.37% | 4.51% | 3.85% | 2.42% | 4.86% | 5.06% | 2.68% | 3.77% | 2.23% | 6.53% | 7.31% | 5.79% | 4.93% | 4.17% | |
Return on Capital Employed (ROCE) | 13.50% | 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% | 9.10% |
Yields
Fiscal Quarter | Current | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 21, 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 | Sep '21 Sep 30, 2021 |
Earnings Yield | 7.81% | 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% | 10.70% |
FCF Yield | 6.61% | 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% | 13.41% |
Dividend Yield | 3.46% | 4.32% | 3.55% | 5.16% | 5.40% | 5.53% | 5.27% | 5.17% | 5.04% | 4.52% | 4.15% | 4.81% | 4.62% | 5.25% | 5.06% | 4.87% | 5.30% | 4.56% | 3.66% | 4.70% | 5.04% |
Payout Ratio | 44.88% | 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% | 25.34% |
Buyback Yield / Dilution | 1.10% | 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% | -0.29% |
Total Shareholder Return | 4.56% | 4.79% | 4.16% | 6.64% | 7.23% | 7.85% | 7.60% | 7.89% | 8.15% | 7.31% | 7.07% | 7.47% | 7.33% | 10.48% | 10.85% | 10.37% | 9.82% | 6.56% | 4.24% | 4.54% | 4.75% |