Canadian Natural Resources Limited (CNQ) vs The Williams Companies, Inc. (WMB)
A side-by-side comparison of Canadian Natural Resources Limited and The Williams Companies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.
CNQ
Canadian Natural Resources Limited
$47.68EnergyDelayed quote: Jul 31, 2026, 4:00 PM EDT
WMB
The Williams Companies, Inc.
$71.54EnergyDelayed quote: Jul 31, 2026, 4:00 PM EDT
Total return — CNQ vs WMB
growth of $100 · dividends reinvested · last 26yCNQ +5345.9%WMB +1594.9%CNQ compounded faster
CNQ WMB
CNQ vs WMB: by the numbers
- •CNQ is the larger company ($99.45B vs $87.49B market cap).
- •CNQ trades at the lower trailing earnings multiple (14.12 vs 30.97 P/E), one valuation lens rather than an overall verdict.
- •CNQ converts more revenue to profit (23.94% vs 23.82% net margin).
- •CNQ grew revenue faster over the past five years (14.46% vs 7.21% CAGR).
- •CNQ pays the higher dividend yield (3.67% vs 2.89%).
Metrics side by side
Valuation
| Metric | CNQ | WMB |
|---|---|---|
| P/E ratio | 14.12 | 30.97 |
| Forward P/E | 11.60 | 29.99 |
| P/S ratio | 3.38 | 7.27 |
| P/B ratio | 4.33 | 6.68 |
| PEG ratio | 0.11 | 1.60 |
| EV / EBITDA | 7.40 | 17.17 |
| FCF yield | 4.49% | 0.83% |
Profitability
| Metric | CNQ | WMB |
|---|---|---|
| Gross margin | 21.29% | 42.86% |
| Operating margin | 18.62% | 38.79% |
| Net margin | 23.94% | 23.82% |
| ROE | 30.65% | 21.85% |
| ROIC | 7.95% | 6.16% |
Dividends
| Metric | CNQ | WMB |
|---|---|---|
| Dividend yield | 3.67% | 2.89% |
| Payout ratio | 46.44% | 95.79% |
Growth (annualized)
| Metric | CNQ | WMB |
|---|---|---|
| Revenue CAGR (5Y) | 14.46% | 7.21% |
| EPS CAGR (5Y) | 13.65% | 65.97% |
| FCF CAGR (5Y) | 13.93% | -21.34% |
| Total return CAGR (5Y) | 29.94% | 29.20% |
Frequently asked
- Which has the lower trailing P/E, CNQ or WMB?
- CNQ has the lower trailing P/E: CNQ trades at 14.12 and WMB at 30.97. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CNQ or WMB?
- Over the past five years, CNQ grew revenue faster — CNQ at a 14.46% CAGR versus WMB at 7.21%.
- Does CNQ or WMB pay a bigger dividend?
- CNQ yields 3.67% and WMB yields 2.89% based on trailing dividends and the latest price.
- Is CNQ or WMB more profitable?
- CNQ runs the higher net margin — CNQ at 23.94% versus WMB at 23.82%.
- How have CNQ and WMB total returns compared?
- Over the past 10 years, CNQ delivered 17.71% and WMB delivered 17.48% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Canadian Natural Resources P/E ratioWilliams Companies P/E ratioCanadian Natural Resources dividend yieldWilliams Companies dividend yieldCanadian Natural Resources ROEWilliams Companies ROECanadian Natural Resources operating marginWilliams Companies operating marginCanadian Natural Resources revenue growthWilliams Companies revenue growthCanadian Natural Resources free cash flowWilliams Companies free cash flow
Canadian Natural Resources & Williams Companies 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 31, 2026.