Canadian Natural Resources Limited (CNQ) vs Suncor Energy Inc. (SU)
SU leads on 11 of 17 compared metrics, though CNQ is the cheaper stock.
A side-by-side comparison of Canadian Natural Resources Limited and Suncor Energy Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CNQ
Canadian Natural Resources Limited
$43.95EnergyDelayed quote: Jul 20, 2026, 4:00 PM EDT
SU
Suncor Energy Inc.
$62.25EnergyDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — CNQ vs SU
growth of $100 · dividends reinvested · last 26yCNQ +4919.9%SU +2045.6%CNQ compounded faster
CNQ SU
CNQ vs SU: by the numbers
- •CNQ is the larger company ($91.67B vs $73.50B market cap).
- •CNQ trades at the lower earnings multiple (13.01 vs 16.32 P/E).
- •CNQ converts more revenue to profit (23.94% vs 12.16% net margin).
- •CNQ grew revenue faster over the past five years (14.46% vs 13.46% CAGR).
- •CNQ pays the higher dividend yield (3.98% vs 2.77%).
Which is better, CNQ or SU?
Metric tally: CNQ 6 · SU 11It depends on what you're optimizing for:
ValueCNQ(lower P/E)
GrowthCNQ(faster 5Y revenue CAGR)
IncomeCNQ(higher dividend yield)
QualitySU(higher ROIC)
Metrics side by side
Valuation
| Metric | CNQ | SU |
|---|---|---|
| P/E ratio | 13.01● | 16.32 |
| Forward P/E | 10.78 | 6.60● |
| P/S ratio | 3.12 | 1.96● |
| P/B ratio | 3.99 | 2.25● |
| PEG ratio | 0.11● | 4.56 |
| EV / EBITDA | 6.88 | 5.25● |
| FCF yield | 4.87% | 7.08%● |
Profitability
| Metric | CNQ | SU |
|---|---|---|
| Gross margin | 21.29% | 55.48%● |
| Operating margin | 18.62% | 27.38%● |
| Net margin | 23.94%● | 12.16% |
| ROE | 30.65%● | 13.92% |
| ROIC | 7.95% | 14.20%● |
Dividends
| Metric | CNQ | SU |
|---|---|---|
| Dividend yield | 3.98%● | 2.77% |
| Payout ratio | 46.44% | 48.74% |
Growth (annualized)
| Metric | CNQ | SU |
|---|---|---|
| Revenue CAGR (5Y) | 14.46%● | 13.46% |
| EPS CAGR (5Y) | 13.65% | 16.24%● |
| FCF CAGR (5Y) | 13.93% | 82.96%● |
| Total return CAGR (5Y) | 29.10% | 30.43%● |
Frequently asked
- Which is better, CNQ or SU?
- It depends on your goal. value: CNQ (lower P/E); growth: CNQ (faster 5Y revenue CAGR); income: CNQ (higher dividend yield); quality: SU (higher ROIC). Across all compared metrics, SU leads 11 to 6.
- Is CNQ or SU cheaper?
- On trailing earnings, CNQ is cheaper: CNQ trades at a 13.01 P/E and SU at 16.32.
- Which has grown faster, CNQ or SU?
- Over the past five years, CNQ grew revenue faster — CNQ at a 14.46% CAGR versus SU at 13.46%.
- Does CNQ or SU pay a bigger dividend?
- CNQ yields 3.98% and SU yields 2.77% based on trailing dividends and the latest price.
- Is CNQ or SU more profitable?
- CNQ runs the higher net margin — CNQ at 23.94% versus SU at 12.16%.
- Which has been the better investment, CNQ or SU?
- Over the past 10-year, CNQ delivered the higher annualized total return — CNQ at 16.13% versus SU at 12.79%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Canadian Natural Resources P/E ratioSuncor Energy P/E ratioCanadian Natural Resources dividend yieldSuncor Energy dividend yieldCanadian Natural Resources ROESuncor Energy ROECanadian Natural Resources operating marginSuncor Energy operating marginCanadian Natural Resources revenue growthSuncor Energy revenue growthCanadian Natural Resources free cash flowSuncor Energy free cash flow
Canadian Natural Resources & Suncor Energy 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 July 20, 2026.