Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. 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 25.60% is 17% above its 5-year average of 21.84%, around the middle of its 5-year range (11.75%–33.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.93% above its 12-month average of 23.29%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 25.60%.
RETURN ON EQUITY (ROE)
25.60%
RETURN ON EQUITY (ROE) AVG TTM
23.29%
RETURN ON EQUITY (ROE) AVG 3Y
19.32%
RETURN ON EQUITY (ROE) AVG 5Y
21.84%
RETURN ON EQUITY (ROE) AVG 10Y
14.18%
RETURN ON EQUITY (ROE) AVG 15Y
12.17%
RETURN ON EQUITY (ROE) AVG 20Y
13.76%
CURRENT VS TTM AVG
+9.93%
CURRENT VS 3Y AVG
+32.52%
CURRENT VS 5Y AVG
+17.20%
CURRENT VS 10Y AVG
+80.54%
CURRENT VS 15Y AVG
+110.39%
CURRENT VS 20Y AVG
+86.03%
SECTOR MEDIAN · ENERGY
15.95%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+60.51%
vs the sector median at left
Canadian Natural Resources Limited
Market Cap
$104.43B
Return on Equity (ROE)
25.60%
TTM Avg
23.29%
3Y Avg
19.32%
5Y Avg
21.84%
Market Cap
$104.03B
Return on Equity (ROE)
22.51%
TTM Avg
11.43%
3Y Avg
20.78%
5Y Avg
11.50%
Market Cap
$112.41B
Return on Equity (ROE)
28.85%
TTM Avg
10.60%
3Y Avg
25.92%
5Y Avg
16.86%
Market Cap
$115.59B
Return on Equity (ROE)
44.84%
TTM Avg
21.39%
3Y Avg
33.71%
5Y Avg
21.29%
Market Cap
$89.11B
Return on Equity (ROE)
23.30%
TTM Avg
19.16%
3Y Avg
20.45%
5Y Avg
16.14%
Market Cap
$84.16B
Return on Equity (ROE)
20.81%
TTM Avg
20.05%
3Y Avg
20.18%
5Y Avg
19.09%
Market Cap
$81.27B
Return on Equity (ROE)
18.80%
TTM Avg
13.32%
3Y Avg
17.22%
5Y Avg
11.34%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Natural Resources Limited (CNQ) | $104.43B | 25.60% | 23.29% | 19.32% | 21.84% |
| Phillips 66 (PSX)vs › | $104.03B | 22.51% | 11.43% | 20.78% | 11.50% |
| Valero Energy Corporation (VLO)vs › | $112.41B | 28.85% | 10.60% | 25.92% | 16.86% |
| Marathon Petroleum Corporation (MPC)vs › | $115.59B | 44.84% | 21.39% | 33.71% | 21.29% |
| The Williams Companies, Inc. (WMB)vs › | $89.11B | 23.30% | 19.16% | 20.45% | 16.14% |
| Enterprise Products Partners L.P. (EPD)vs › | $84.16B | 20.81% | 20.05% | 20.18% | 19.09% |
| Slb N.V. (SLB)vs › | $83.20B | 11.80% | 16.97% | 18.55% | -0.02% |
| Suncor Energy Inc. (SU)vs › | $81.27B | 18.80% | 13.32% | 17.22% | 11.34% |
| Eni S.p.A. (E)vs › | $81.20B | 10.34% | 5.78% | 12.35% | 6.85% |
| EOG Resources, Inc. (EOG)vs › | $78.49B | 21.58% | 19.26% | 24.21% | 19.15% |
ROE
25.6%
ROA
12.4%
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) |
|---|---|
| 2026-06-30 | 25.60% |
| 2026-03-31 | 30.65% |
| 2025-12-31 | 24.18% |
| 2025-09-30 | 16.30% |
| 2025-06-30 | 19.71% |
| 2025-03-31 | 19.31% |
| 2024-12-31 | 16.22% |
| 2024-09-30 | 19.13% |
| 2024-06-30 | 19.72% |
| 2024-03-31 | 18.96% |
| 2023-12-31 | 20.43% |
| 2023-09-30 | 18.10% |
| 2023-06-30 | 19.17% |
| 2023-03-31 | 25.25% |
| 2022-12-31 | 29.66% |
| 2022-09-30 | 33.51% |
| 2022-06-30 | 29.26% |
| 2022-03-31 | 24.28% |
| 2021-12-31 | 20.83% |
| 2021-09-30 | 16.68% |
| 2021-06-30 | 11.75% |
| 2021-03-31 | 6.66% |
| 2020-12-31 | -1.23% |
| 2020-09-30 | -1.55% |
| 2020-06-30 | 0.40% |
| 2020-03-31 | 10.52% |
| 2019-12-31 | 19.83% |
| 2019-09-30 | 11.76% |
| 2019-06-30 | 14.20% |
| 2019-03-31 | 9.52% |
| 2018-12-31 | 8.68% |
| 2018-09-30 | 11.22% |
| 2018-06-30 | 8.36% |
| 2018-03-31 | 8.62% |
| 2017-12-31 | 7.45% |
| 2017-09-30 | 7.88% |
| 2017-06-30 | 4.95% |
| 2017-03-31 | 0.48% |
| 2016-12-31 | -0.87% |
| 2016-09-30 | -2.54% |
| 2016-06-30 | -1.65% |
| 2016-03-31 | -1.89% |
| 2015-12-31 | -2.59% |
| 2015-09-30 | 2.06% |
| 2015-06-30 | 6.46% |
| 2015-03-31 | 12.33% |
| 2014-12-31 | 14.18% |
| 2014-09-30 | 11.55% |
| 2014-06-30 | 12.10% |
| 2014-03-31 | 10.64% |
| 2013-12-31 | 9.00% |
| 2013-09-30 | 8.68% |
| 2013-06-30 | 5.92% |
| 2013-03-31 | 6.97% |
| 2012-12-31 | 7.72% |
| 2012-09-30 | 9.58% |
| 2012-06-30 | 11.81% |
| 2012-03-31 | 12.82% |
| 2011-12-31 | 11.69% |
| 2011-09-30 | 6.60% |
| 2011-06-30 | 5.27% |
| 2011-03-31 | 3.87% |
| 2010-12-31 | 7.13% |
| 2010-09-30 | 11.28% |
| 2010-06-30 | 12.03% |
| 2010-03-31 | 9.57% |
| 2009-12-31 | 7.74% |
| 2009-09-30 | 13.71% |
| 2009-06-30 | 28.13% |
| 2009-03-31 | 27.10% |
| 2008-12-31 | 29.84% |
| 2008-09-30 | 24.70% |
| 2008-06-30 | 13.96% |
| 2008-03-31 | 21.83% |
| 2007-12-31 | 18.87% |
| 2007-09-30 | 15.90% |
| 2007-06-30 | 20.52% |
| 2007-03-31 | 25.56% |
| 2006-12-31 | 24.49% |
| 2006-09-30 | 31.48% |
| 2006-06-30 | 24.71% |
| 2006-03-31 | 18.38% |
| 2005-12-31 | 12.79% |
| 2005-09-30 | 7.05% |
| 2005-06-30 | 9.56% |
| 2005-03-31 | 9.99% |
| 2004-12-31 | 18.34% |
| 2004-09-30 | 15.24% |
| 2004-06-30 | 14.84% |
| 2004-03-31 | 19.06% |
| 2003-12-31 | 21.55% |
| 2003-09-30 | 21.91% |
| 2003-06-30 | 20.65% |
