Which has the lower trailing P/E, CNQ or SU?

CNQ has the lower trailing P/E: CNQ trades at 12.60 and SU at 12.86. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CNQ or SU?

Over the past five years, CNQ grew revenue faster — CNQ at a 13.77% CAGR versus SU at 11.70%.

Does CNQ or SU pay a bigger dividend?

CNQ yields 3.40% and SU yields 2.49% based on trailing dividends and the latest price.

Is CNQ or SU more profitable?

CNQ runs the higher net margin — CNQ at 24.42% versus SU at 15.09%.

How have CNQ and SU total returns compared?

Over the past 10 years, CNQ delivered 18.45% and SU delivered 14.23% annualized total return. Past performance doesn't predict future results.

Canadian Natural Resources Limited (CNQ) vs Suncor Energy Inc. (SU)

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 September 10, 2026. Differences are shown without an overall score or investment verdict.

CNQ

Canadian Natural Resources Limited

$105.95B

$50.80EnergyDelayed quote: Sep 10, 2026, 4:00 PM EDT

Suncor Energy Inc.

$81.39B

$68.93EnergyDelayed quote: Sep 10, 2026, 4:00 PM EDT

Total return — CNQ vs SU

growth of $100 · dividends reinvested · last 10y

CNQ +443.4% (+18.4%/yr)SU +269.6% (+14.0%/yr)CNQ compounded faster over this window

CNQ SU

CNQ vs SU: by the numbers

•CNQ is the larger company ($105.95B vs $81.39B market cap).
•CNQ trades at the lower trailing earnings multiple (12.60 vs 12.86 P/E), one valuation lens rather than an overall verdict.
•CNQ converts more revenue to profit (24.42% vs 15.09% net margin).
•CNQ grew revenue faster over the past five years (13.77% vs 11.70% CAGR).
•CNQ pays the higher dividend yield (3.40% vs 2.49%).

Metrics side by side

Valuation

Metric	CNQ	SU
P/E ratio	12.60	12.86
P/S ratio	3.07	1.93
P/B ratio	3.22	2.40
EV / EBITDA	6.51	5.22
FCF yield	6.34%	9.07%

Profitability

Metric	CNQ	SU
Gross margin	21.29%	54.01%
Operating margin	18.62%	27.54%
Net margin	24.42%	15.09%
ROE	25.60%	18.80%
ROIC	13.86%	14.57%

Dividends

Metric	CNQ	SU
Dividend yield	3.40%	2.49%
Payout ratio	43.36%	32.10%

Growth (annualized)

Metric	CNQ	SU
Revenue CAGR (5Y)	13.77%	11.70%
EPS CAGR (5Y)	13.65%	16.24%
FCF CAGR (5Y)	9.62%	30.76%
Total return CAGR (5Y)	31.42%	35.65%

Frequently asked

Which has the lower trailing P/E, CNQ or SU?: CNQ has the lower trailing P/E: CNQ trades at 12.60 and SU at 12.86. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CNQ or SU?: Over the past five years, CNQ grew revenue faster — CNQ at a 13.77% CAGR versus SU at 11.70%.
Does CNQ or SU pay a bigger dividend?: CNQ yields 3.40% and SU yields 2.49% based on trailing dividends and the latest price.
Is CNQ or SU more profitable?: CNQ runs the higher net margin — CNQ at 24.42% versus SU at 15.09%.
How have CNQ and SU total returns compared?: Over the past 10 years, CNQ delivered 18.45% and SU delivered 14.23% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CNQ analysis Full SU analysis Interactive comparison tool

Dig into the metrics

Canadian Natural Resources P/E ratio Suncor Energy P/E ratio Canadian Natural Resources dividend yield Suncor Energy dividend yield Canadian Natural Resources ROE Suncor Energy ROE Canadian Natural Resources operating margin Suncor Energy operating margin Canadian Natural Resources revenue growth Suncor Energy revenue growth Canadian Natural Resources free cash flow Suncor Energy free cash flow

Canadian Natural Resources & Suncor Energy appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 September 10, 2026.