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Canadian Natural Resources Limited (CNQ)
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Canadian Natural Resources Limited (CNQ) Net Profit Margin: 23.94%

Is Canadian Natural Resources Limited’s net profit margin high or low?

Canadian Natural Resources Limited's net profit margin of 23.94% is 37% above its 5-year average of 17.45%, near the high end of its 5-year range (-2.49%–24.50%).

As of Friday, June 12, 2026. 15.04% above its 12-month average of 20.81%.

CNQ Net Profit Margin Chart

CNQ Net Profit Margin
24.50%+43.11% 1Y
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CNQ Average Net Profit Margin Chart

CNQ Current vs Average Net Profit Margin Chart

CNQ Net Profit Margin Metrics

NET PROFIT MARGIN

23.94%

NET PROFIT MARGIN AVG TTM

20.81%

NET PROFIT MARGIN AVG 3Y

20.96%

NET PROFIT MARGIN AVG 5Y

17.45%

NET PROFIT MARGIN AVG 10Y

13.35%

NET PROFIT MARGIN AVG 15Y

13.65%

NET PROFIT MARGIN AVG 20Y

15.02%

CURRENT VS TTM AVG

+15.04%

CURRENT VS 3Y AVG

+14.19%

CURRENT VS 5Y AVG

+37.19%

CURRENT VS 10Y AVG

+79.26%

CURRENT VS 15Y AVG

+75.38%

CURRENT VS 20Y AVG

+59.41%

CNQ Competitors' Net Profit Margin

NAMEMARKET CAPNET PROFIT MARGINTTM3Y5Y
Canadian Natural Resources Limited (CNQ)$94.82B23.94%20.81%20.96%17.45%
SLB N.V. (SLB)$83.72B9.20%10.84%11.65%1.73%
Marathon Petroleum Corporation (MPC)$76.14B3.41%2.76%5.06%2.38%
Valero Energy Corporation (VLO)$74.95B3.33%2.02%4.17%2.55%
EOG Resources, Inc. (EOG)$72.62B23.41%24.73%27.13%21.02%
Phillips 66 (PSX)$71.41B3.04%2.41%4.01%1.83%
ONEOK, Inc. (OKE)$57.09B10.04%12.06%11.68%10.44%
Occidental Petroleum Corporation (OXY)$55.17B20.31%11.10%18.79%-0.41%
ConocoPhillips (COP)$140.54B12.56%15.24%18.41%12.80%
Antero Midstream Corporation (AM)$10.15B31.94%33.44%33.30%25.81%

Margin Comparison

Operating Margin

26.7%

Net Profit Margin

23.9%

Canadian Natural Resources Limited Net Profit Margin Formula & Definition

Net Profit Margin = Net Income / Revenue

Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Canadian Natural Resources Limited Net Profit Margin FAQ

What is the net profit margin for Canadian Natural Resources Limited (CNQ)?
The net profit margin for CNQ stock is 23.94%.
Is Canadian Natural Resources Limited's net profit margin high or low?
Canadian Natural Resources Limited's net profit margin of 23.94% is 37% above its 5-year average of 17.45%, near the high end of its 5-year range (-2.49%–24.50%).
What is the TTM average net profit margin for Canadian Natural Resources Limited (CNQ)?
The TTM average net profit margin for CNQ stock is 20.81%.
What is the 3Y average net profit margin for Canadian Natural Resources Limited (CNQ)?
The 3Y average net profit margin for CNQ stock is 20.96%.
What is the 5Y average net profit margin for Canadian Natural Resources Limited (CNQ)?
The 5Y average net profit margin for CNQ stock is 17.45%.
What is the 10Y average net profit margin for Canadian Natural Resources Limited (CNQ)?
The 10Y average net profit margin for CNQ stock is 13.35%.
What is the 15Y average net profit margin for Canadian Natural Resources Limited (CNQ)?
The 15Y average net profit margin for CNQ stock is 13.65%.
What is the 20Y average net profit margin for Canadian Natural Resources Limited (CNQ)?
The 20Y average net profit margin for CNQ stock is 15.02%.

Canadian Natural Resources Limited Net Profit Margin History

DATENET PROFIT MARGIN
2025-12-3124.50%
2024-12-3117.12%
2023-12-3120.16%
2022-12-3122.08%
2021-12-3123.33%
2020-12-31-2.49%
2019-12-3123.68%
2018-12-3111.63%
2017-12-3113.57%
2016-12-31-1.84%
2015-12-31-4.84%
2014-12-3118.45%
2013-12-3112.65%
2012-12-3111.68%
2011-12-3117.04%
2010-12-3111.68%
2009-12-3114.26%
2008-12-3130.82%
2007-12-3120.79%
2006-12-3121.68%
2005-12-319.43%
2004-12-3118.62%
2003-12-3123.49%
2002-12-3113.18%
2001-12-3118.42%
2000-12-3123.96%
1999-12-3115.51%
1998-12-316.70%
1997-12-3112.11%
1996-12-3114.92%

About Canadian Natural Resources Limited

Canadian Natural Resources Limited (CNQ) is an integrated energy enterprise engaged across the full spectrum of upstream and downstream activities related to crude oil, natural gas, and natural gas liquids (NGLs), encompassing acquisition, exploration, development, production, marketing, and sales. Its diverse portfolio of hydrocarbon products encompasses synthetic crude oil (SCO), light and medium crude, bitumen (also known as thermal oil), along with both primary heavy crude oil and specialized Pelican Lake heavy crude. Beyond exploration and production, the company holds midstream and refining assets, notably comprising two crude oil pipeline networks and a half-interest (50% working interest) in an 84-megawatt cogeneration facility situated at Primrose. As of December 31, 2020, CNQ reported substantial reserves. Its proved crude oil, bitumen, and NGLs reserves amounted to 10,528 million barrels (MMbbl), escalating to 13,271 MMbbl when probable reserves are included. Proved synthetic crude oil (SCO) reserves stood at 6,998 MMbbl, with total proved plus probable SCO reserves reaching 7,535 MMbbl. Furthermore, the company's proved natural gas reserves were recorded at 12,168 billion cubic feet (Bcf), expanding to 20,249 Bcf on a proved plus probable basis. Geographically, its operations are concentrated in key regions, including Western Canada, the United Kingdom's North Sea sector, and offshore West Africa. The entity, incorporated in 1973, was originally known as AEX Minerals Corporation before adopting the name Canadian Natural Resources Limited in December 1975. Its corporate headquarters are located in Calgary, Canada.

Calgary, AB
10,640 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Norman Murray Edwards