Canadian Natural Resources Limited (CNQ) Return on Assets (ROA): 14.55%
Is Canadian Natural Resources Limited’s return on assets (ROA) high or low?
Canadian Natural Resources Limited's return on assets (ROA) of 14.55% is 63% above its 5-year average of 8.90%, near the high end of its 5-year range (-0.74%–14.55%).
As of Friday, June 12, 2026. 53.64% above its 12-month average of 9.47%.
CNQ Return on Assets (ROA) Chart
CNQ Average Return on Assets (ROA) Chart
CNQ Current vs Average Return on Assets (ROA) Chart
CNQ Return on Assets (ROA) Metrics
RETURN ON ASSETS (ROA)
14.55%
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
+53.64%
CURRENT VS 3Y AVG
+31.85%
CURRENT VS 5Y AVG
+63.48%
CURRENT VS 10Y AVG
+136.97%
CURRENT VS 15Y AVG
+153.51%
CURRENT VS 20Y AVG
+140.57%
CNQ Competitors' Return on Assets (ROA)
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Natural Resources Limited (CNQ) | $94.82B | 14.55% | 9.47% | 11.04% | 8.90% |
| SLB N.V. (SLB) | $83.72B | 6.06% | 7.62% | 7.99% | 1.96% |
| Marathon Petroleum Corporation (MPC) | $76.14B | 5.25% | 4.55% | 9.13% | 6.06% |
| Valero Energy Corporation (VLO) | $74.95B | 6.77% | 4.33% | 10.39% | 6.74% |
| EOG Resources, Inc. (EOG) | $72.62B | 10.30% | 11.59% | 14.81% | 11.63% |
| Phillips 66 (PSX) | $71.41B | 4.90% | 4.45% | 8.15% | 4.62% |
| ONEOK, Inc. (OKE) | $57.09B | 5.18% | 4.92% | 5.73% | 5.32% |
| Occidental Petroleum Corporation (OXY) | $55.17B | 5.85% | 3.15% | 7.70% | 2.56% |
| ConocoPhillips (COP) | $140.54B | 5.97% | 7.03% | 11.32% | 8.31% |
| Antero Midstream Corporation (AM) | $10.15B | 6.41% | 6.91% | 6.48% | 4.96% |
Asset Efficiency
ROA
14.6%
ROE
30.6%
Canadian Natural Resources Limited Return on Assets (ROA) Formula & Definition
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
Canadian Natural Resources Limited Return on Assets (ROA) FAQ
- What is the return on assets (ROA) for Canadian Natural Resources Limited (CNQ)?
- The return on assets (ROA) for CNQ stock is 14.55%.
- Is Canadian Natural Resources Limited's return on assets (ROA) high or low?
- Canadian Natural Resources Limited's return on assets (ROA) of 14.55% is 63% above its 5-year average of 8.90%, near the high end of its 5-year range (-0.74%–14.55%).
- What is the TTM average return on assets (ROA) for Canadian Natural Resources Limited (CNQ)?
- The TTM average return on assets (ROA) for CNQ stock is 9.47%.
- What is the 3Y average return on assets (ROA) for Canadian Natural Resources Limited (CNQ)?
- The 3Y average return on assets (ROA) for CNQ stock is 11.04%.
- What is the 5Y average return on assets (ROA) for Canadian Natural Resources Limited (CNQ)?
- The 5Y average return on assets (ROA) for CNQ stock is 8.90%.
- What is the 10Y average return on assets (ROA) for Canadian Natural Resources Limited (CNQ)?
- The 10Y average return on assets (ROA) for CNQ stock is 6.14%.
- What is the 15Y average return on assets (ROA) for Canadian Natural Resources Limited (CNQ)?
- The 15Y average return on assets (ROA) for CNQ stock is 5.74%.
- What is the 20Y average return on assets (ROA) for Canadian Natural Resources Limited (CNQ)?
- The 20Y average return on assets (ROA) for CNQ stock is 6.05%.
Canadian Natural Resources Limited Return on Assets (ROA) History
| 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% |
Related Metrics
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.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Norman Murray Edwards