Canadian Natural Resources Limited (CNQ) vs SLB N.V. (SLB)
CNQ leads on 12 of 17 compared metrics.
A side-by-side comparison of Canadian Natural Resources Limited and SLB N.V. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CNQ vs SLB
growth of $100 · last 26yCNQ +2533.7%SLB +52.0%CNQ compounded faster
Log scale — wide-divergence pair
CNQ SLB
CNQ vs SLB: by the numbers
- •CNQ is the larger company ($94.49B vs $83.99B market cap).
- •CNQ trades at the lower earnings multiple (13.41 vs 24.75 P/E).
- •CNQ converts more revenue to profit (23.94% vs 9.20% net margin).
- •CNQ grew revenue faster over the past five years (14.46% vs 10.96% CAGR).
- •CNQ pays the higher dividend yield (2.89% vs 2.06%).
Which is better, CNQ or SLB?
Metric tally: CNQ 12 · SLB 5It depends on what you're optimizing for:
ValueCNQ(lower P/E)
GrowthCNQ(faster 5Y revenue CAGR)
IncomeCNQ(higher dividend yield)
QualitySLB(higher ROIC)
Valuation
| Metric | CNQ | SLB |
|---|---|---|
| P/E ratio | 13.41● | 24.75 |
| Forward P/E | 9.16● | 16.84 |
| P/S ratio | 3.22 | 2.37● |
| P/B ratio | 4.12 | 3.25● |
| PEG ratio | 0.11● | 3.85 |
| EV / EBITDA | 6.46● | 14.09 |
| FCF yield | 4.72% | 5.49%● |
Profitability
| Metric | CNQ | SLB |
|---|---|---|
| Gross margin | 30.69%● | 17.33% |
| Operating margin | 26.74%● | 14.44% |
| Net margin | 23.94%● | 9.20% |
| ROE | 30.65%● | 12.63% |
| ROIC | 7.95% | 10.34%● |
Dividends
| Metric | CNQ | SLB |
|---|---|---|
| Dividend yield | 2.89%● | 2.06% |
| Payout ratio | 34.74% | 48.74% |
Growth (annualized)
| Metric | CNQ | SLB |
|---|---|---|
| Revenue CAGR (5Y) | 14.46%● | 10.96% |
| EPS CAGR (5Y) | 13.65%● | 6.42% |
| FCF CAGR (5Y) | 13.93% | 23.49%● |
| Total return CAGR (5Y) | 25.57%● | 12.44% |
Frequently asked
- Which is better, CNQ or SLB?
- It depends on your goal. value: CNQ (lower P/E); growth: CNQ (faster 5Y revenue CAGR); income: CNQ (higher dividend yield); quality: SLB (higher ROIC). Across all compared metrics, CNQ leads 12 to 5.
- Is CNQ or SLB cheaper?
- On trailing earnings, CNQ is cheaper: CNQ trades at a 13.41 P/E and SLB at 24.75.
- Which has grown faster, CNQ or SLB?
- Over the past five years, CNQ grew revenue faster — CNQ at a 14.46% CAGR versus SLB at 10.96%.
- Does CNQ or SLB pay a bigger dividend?
- CNQ yields 2.89% and SLB yields 2.06% based on trailing dividends and the latest price.
- Is CNQ or SLB more profitable?
- CNQ runs the higher net margin — CNQ at 23.94% versus SLB at 9.20%.
- Which has been the better investment, CNQ or SLB?
- Over the past 10-year, CNQ delivered the higher annualized total return — CNQ at 17.67% versus SLB at -0.53%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Canadian Natural Resources P/E ratioSLB P/E ratioCanadian Natural Resources dividend yieldSLB dividend yieldCanadian Natural Resources ROESLB ROECanadian Natural Resources operating marginSLB operating marginCanadian Natural Resources revenue growthSLB revenue growthCanadian Natural Resources free cash flowSLB free cash flow
Canadian Natural Resources & SLB appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.