Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 30.65% is 70% above its 5-year average of 18.04%, near the high end of its 5-year range (-1.71%–30.65%).
As of the fiscal period ended Wednesday, December 31, 2025. 53.71% above its 12-month average of 19.94%.
Annual fiscal-year return on equity; no daily interpolation.
RETURN ON EQUITY (ROE)
30.65%
RETURN ON EQUITY (ROE) AVG TTM
19.94%
RETURN ON EQUITY (ROE) AVG 3Y
22.30%
RETURN ON EQUITY (ROE) AVG 5Y
18.04%
RETURN ON EQUITY (ROE) AVG 10Y
12.81%
RETURN ON EQUITY (ROE) AVG 15Y
11.93%
RETURN ON EQUITY (ROE) AVG 20Y
13.43%
CURRENT VS TTM AVG
+53.71%
CURRENT VS 3Y AVG
+37.44%
CURRENT VS 5Y AVG
+69.92%
CURRENT VS 10Y AVG
+139.35%
CURRENT VS 15Y AVG
+157.01%
CURRENT VS 20Y AVG
+128.23%
SECTOR MEDIAN · ENERGY
13.97%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+119.40%
vs the sector median at left
Canadian Natural Resources Limited
Market Cap
$92.17B
Return on Equity (ROE)
30.65%
TTM Avg
19.94%
3Y Avg
22.30%
5Y Avg
18.04%
Market Cap
$89.35B
Return on Equity (ROE)
27.65%
TTM Avg
21.39%
3Y Avg
33.71%
5Y Avg
21.29%
Market Cap
$88.75B
Return on Equity (ROE)
17.62%
TTM Avg
10.60%
3Y Avg
25.92%
5Y Avg
16.86%
Market Cap
$85.81B
Return on Equity (ROE)
21.85%
TTM Avg
19.16%
3Y Avg
20.45%
5Y Avg
16.14%
Market Cap
$83.58B
Return on Equity (ROE)
19.95%
TTM Avg
20.05%
3Y Avg
20.18%
5Y Avg
19.09%
Market Cap
$82.53B
Return on Equity (ROE)
14.45%
TTM Avg
11.43%
3Y Avg
20.78%
5Y Avg
11.50%
Market Cap
$75.45B
Return on Equity (ROE)
13.92%
TTM Avg
13.32%
3Y Avg
17.22%
5Y Avg
11.34%
Market Cap
$74.38B
Return on Equity (ROE)
17.79%
TTM Avg
19.26%
3Y Avg
24.21%
5Y Avg
19.15%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Natural Resources Limited (CNQ) | $92.17B | 30.65% | 19.94% | 22.30% | 18.04% |
| Marathon Petroleum Corporation (MPC)vs › | $89.35B | 27.65% | 21.39% | 33.71% | 21.29% |
| Valero Energy Corporation (VLO)vs › | $88.75B | 17.62% | 10.60% | 25.92% | 16.86% |
| The Williams Companies, Inc. (WMB)vs › | $85.81B | 21.85% | 19.16% | 20.45% | 16.14% |
| Enterprise Products Partners L.P. (EPD)vs › | $83.58B | 19.95% | 20.05% | 20.18% | 19.09% |
| Phillips 66 (PSX)vs › | $82.53B | 14.45% | 11.43% | 20.78% | 11.50% |
| Suncor Energy Inc. (SU)vs › | $75.45B | 13.92% | 13.32% | 17.22% | 11.34% |
| Slb N.V. (SLB)vs › | $74.72B | 4.23% | 16.97% | 18.55% | -0.02% |
| EOG Resources, Inc. (EOG)vs › | $74.38B | 17.79% | 19.26% | 24.21% | 19.15% |
| Eni S.p.A. (E)vs › | $72.88B | 5.15% | 5.78% | 12.35% | 6.85% |
ROE
30.6%
ROA
14.6%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2025-12-31 | 24.41% |
| 2024-12-31 | 15.47% |
| 2023-12-31 | 20.67% |
| 2022-12-31 | 28.65% |
| 2021-12-31 | 20.74% |
| 2020-12-31 | -1.71% |
| 2019-12-31 | 20.07% |
| 2018-12-31 | 8.10% |
| 2017-12-31 | 7.57% |
| 2016-12-31 | -0.78% |
| 2015-12-31 | -2.33% |
| 2014-12-31 | 13.60% |
| 2013-12-31 | 8.81% |
| 2012-12-31 | 7.79% |
| 2011-12-31 | 11.54% |
| 2010-12-31 | 8.21% |
| 2009-12-31 | 8.13% |
| 2008-12-31 | 27.13% |
| 2007-12-31 | 19.58% |
| 2006-12-31 | 23.62% |
| 2005-12-31 | 12.75% |
| 2004-12-31 | 19.18% |
| 2003-12-31 | 22.96% |
| 2002-12-31 | 11.06% |
| 2001-12-31 | 16.95% |
| 2000-12-31 | 24.01% |
| 1999-12-31 | 10.55% |
| 1998-12-31 | 4.61% |
| 1997-12-31 | 9.26% |
| 1996-12-31 | 8.85% |