Basis: Trailing twelve months (TTM net income over the latest quarterly balance sheet). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on assets (ROA) high or low?
The return on assets (ROA) of 12.40% is 39% above its 5-year average of 8.90%, near the high end of its 5-year range (-0.74%–14.36%).
30.94% above its 12-month average of 9.47%.
Annual fiscal-year return on assets; no daily interpolation. Historical series through 2025-12-31.
RETURN ON ASSETS (ROA)
12.40%
RETURN ON ASSETS (ROA) AVG TTM
9.47%
RETURN ON ASSETS (ROA) AVG 3Y
11.04%
RETURN ON ASSETS (ROA) AVG 5Y
8.90%
RETURN ON ASSETS (ROA) AVG 10Y
6.14%
RETURN ON ASSETS (ROA) AVG 15Y
5.74%
RETURN ON ASSETS (ROA) AVG 20Y
6.05%
CURRENT VS TTM AVG
+30.94%
CURRENT VS 3Y AVG
+12.37%
CURRENT VS 5Y AVG
+39.33%
CURRENT VS 10Y AVG
+101.95%
CURRENT VS 15Y AVG
+116.05%
CURRENT VS 20Y AVG
+105.02%
SECTOR MEDIAN · ENERGY
6.86%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+80.76%
vs the sector median at left
Canadian Natural Resources Limited
Market Cap
$104.43B
Return on Assets (ROA)
12.40%
TTM Avg
9.47%
3Y Avg
11.04%
5Y Avg
8.90%
Market Cap
$112.41B
Return on Assets (ROA)
11.15%
TTM Avg
4.33%
3Y Avg
10.39%
5Y Avg
6.74%
Market Cap
$115.59B
Return on Assets (ROA)
9.07%
TTM Avg
4.55%
3Y Avg
9.13%
5Y Avg
6.06%
Market Cap
$89.11B
Return on Assets (ROA)
5.07%
TTM Avg
4.28%
3Y Avg
4.71%
5Y Avg
3.75%
Market Cap
$84.16B
Return on Assets (ROA)
7.70%
TTM Avg
7.55%
3Y Avg
7.74%
5Y Avg
7.29%
Market Cap
$81.27B
Return on Assets (ROA)
9.56%
TTM Avg
6.64%
3Y Avg
8.35%
5Y Avg
5.54%
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Natural Resources Limited (CNQ) | $104.43B | 12.40% | 9.47% | 11.04% | 8.90% |
| Phillips 66 (PSX)vs › | $104.03B | 8.67% | 4.45% | 8.15% | 4.62% |
| Valero Energy Corporation (VLO)vs › | $112.41B | 11.15% | 4.33% | 10.39% | 6.74% |
| Marathon Petroleum Corporation (MPC)vs › | $115.59B | 9.07% | 4.55% | 9.13% | 6.06% |
| The Williams Companies, Inc. (WMB)vs › | $89.11B | 5.07% | 4.28% | 4.71% | 3.75% |
| Enterprise Products Partners L.P. (EPD)vs › | $84.16B | 7.70% | 7.55% | 7.74% | 7.29% |
| Slb N.V. (SLB)vs › | $83.20B | 5.54% | 7.62% | 7.99% | 1.96% |
| Suncor Energy Inc. (SU)vs › | $81.27B | 9.56% | 6.64% | 8.35% | 5.54% |
| Eni S.p.A. (E)vs › | $81.20B | 3.66% | 1.81% | 3.94% | 2.03% |
| EOG Resources, Inc. (EOG)vs › | $78.49B | 12.55% | 11.59% | 14.81% | 11.63% |
ROA
12.4%
ROE
25.6%
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2025-12-31 | 11.79% |
| 2024-12-31 | 7.15% |
| 2023-12-31 | 10.84% |
| 2022-12-31 | 14.36% |
| 2021-12-31 | 10.00% |
| 2020-12-31 | -0.74% |
| 2019-12-31 | 8.69% |
| 2018-12-31 | 3.62% |
| 2017-12-31 | 3.25% |
| 2016-12-31 | -0.35% |
| 2015-12-31 | -1.07% |
| 2014-12-31 | 6.53% |
| 2013-12-31 | 4.39% |
| 2012-12-31 | 3.86% |
| 2011-12-31 | 5.59% |
| 2010-12-31 | 3.92% |
| 2009-12-31 | 3.85% |
| 2008-12-31 | 11.69% |
| 2007-12-31 | 7.22% |
| 2006-12-31 | 7.61% |
| 2005-12-31 | 4.81% |
| 2004-12-31 | 7.63% |
| 2003-12-31 | 9.58% |
| 2002-12-31 | 4.03% |
| 2001-12-31 | 7.25% |
| 2000-12-31 | 9.93% |
| 1999-12-31 | 4.12% |
| 1998-12-31 | 1.81% |
| 1997-12-31 | 3.80% |
| 1996-12-31 | 4.61% |
