Canadian Natural Resources Limited (CNQ) vs The Williams Companies, Inc. (WMB)
CNQ leads on 12 of 16 compared metrics.
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 June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CNQ
Canadian Natural Resources Limited
$44.01Energy
WMB
The Williams Companies, Inc.
$71.49Energy
Total return — CNQ vs WMB
growth of $100 · last 26yCNQ +2458.7%WMB +128.5%CNQ compounded faster
Log scale — wide-divergence pair
CNQ WMB
CNQ vs WMB: by the numbers
- •CNQ is the larger company ($91.79B vs $87.43B market cap).
- •CNQ trades at the lower earnings multiple (13.03 vs 31.22 P/E).
- •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 (2.97% vs 2.87%).
Which is better, CNQ or WMB?
Metric tally: CNQ 12 · WMB 4It depends on what you're optimizing for:
ValueCNQ(lower P/E)
GrowthCNQ(faster 5Y revenue CAGR)
IncomeCNQ(higher dividend yield)
QualityCNQ(higher ROIC)
Metrics side by side
Valuation
| Metric | CNQ | WMB |
|---|---|---|
| P/E ratio | 13.03● | 31.22 |
| Forward P/E | 8.91● | 28.24 |
| P/S ratio | 3.12● | 7.33 |
| P/B ratio | 4.00● | 6.73 |
| PEG ratio | 0.11● | 1.59 |
| EV / EBITDA | 6.29● | 16.47 |
| FCF yield | 4.86%● | 0.83% |
Profitability
| Metric | CNQ | WMB |
|---|---|---|
| Gross margin | 30.69% | 62.85%● |
| Operating margin | 26.74% | 38.79%● |
| Net margin | 23.94% | 23.82% |
| ROE | 30.65%● | 21.85% |
| ROIC | 7.95%● | 6.16% |
Dividends
| Metric | CNQ | WMB |
|---|---|---|
| Dividend yield | 2.97%● | 2.87% |
| Payout ratio | 34.74% | 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) | 24.37% | 26.55%● |
Frequently asked
- Which is better, CNQ or WMB?
- It depends on your goal. value: CNQ (lower P/E); growth: CNQ (faster 5Y revenue CAGR); income: CNQ (higher dividend yield); quality: CNQ (higher ROIC). Across all compared metrics, CNQ leads 12 to 4.
- Is CNQ or WMB cheaper?
- On trailing earnings, CNQ is cheaper: CNQ trades at a 13.03 P/E and WMB at 31.22.
- 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 2.97% and WMB yields 2.87% 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%.
- Which has been the better investment, CNQ or WMB?
- Over the past 10-year, WMB delivered the higher annualized total return — CNQ at 17.26% versus WMB at 18.94%. 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 June 16, 2026.