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Canadian Natural Resources Limited CNQ.TO

CA · Toronto Stock Exchange · XTSE · stock · Energy · website

Canadian Natural Resources Limited statistics & valuation

Market cap$117.1B
P / E10.8×
P / S2.7×
P / B2.6×
P / FCF14.1×
Net margin24.5%
FCF margin18.8%

Multiples are price-derived and refreshed daily; everything else is from filings.

P / E vs its own history

Canadian Natural Resources Limited trades at about 10.9× earnings — near its 10-year norm (10-year range 8.6×–15.5×, median 11.5×).

8.6× 15.5×

Shaded band = 10-year range (8.6×–15.5×); dot = today's 10.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin21.3%26.3%28.8%32.8%
Operating margin18.6%23.4%25.6%29.8%
Net margin24.5%14.7%20.2%22.1%
FCF margin18.8%19.3%18.2%28.8%
Return on assets11.8%7.2%10.8%14.4%
Return on equity24.4%15.5%20.7%28.6%
Debt / equity0.36×0.42×0.25×0.29×
Current ratio0.950.770.960.82

Source: company filings via Yahoo Finance · CA · as of 2025-12-31. Figures in CAD; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.