Canadian Natural Resources (CNQ) EBIT (2009 - 2026)
Canadian Natural Resources (CNQ) recorded EBIT of $8.76 billion in Q3 2026, up 47.1% from $5.96 billion a year earlier but down 16.7% from the prior quarter.
Canadian Natural Resources (CNQ) EBIT (2009 - 2026) Analysis & Trends
On a TTM basis, Canadian Natural Resources' EBIT came in at $31.31 billion as of Sep 30, 2026, up 31.3% year-over-year; for FY2025, it came in at $10.67 billion, up 58.1% from FY2024.
- Annual EBIT has a five-year compound annual growth rate of 86.2% (FY2020 to FY2025).
- Across earlier years, EBIT came in at $6.75 billion in FY2024 (-20.4%), $8.48 billion in FY2023 (-60.8%), $21.61 billion in FY2022 (+32.2%) and $16.35 billion in FY2021.
- Quarterly EBIT has ranged from $4.83 billion in Q1 2024 to $10.52 billion in Q2 2026 over the past five years.
- On a year-over-year basis, EBIT rose in four of the last eight quarters, with growth averaging 19.5%.
- Peak year-over-year performance for EBIT in the last five years was growth of 136.9% in Q4 2021, against a decline of 43.4% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.52 billion (Q2 2026), $6.27 billion (Q1 2026) and $5.77 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 21.42 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 17.99 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 13.93 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 26.50 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 2.14 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 10.19 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 11.96 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 8.76 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 7.35 Bn |
| 10 | Suncor Energy | 83.45 Bn | 69.02 Bn | - | 3.11 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.76 Bn |
| Jun 30, 2026 | 10.52 Bn |
| Mar 31, 2026 | 6.27 Bn |
| Dec 31, 2025 | 5.77 Bn |
| Sep 30, 2025 | 5.96 Bn |
| Jun 30, 2025 | 5.32 Bn |
| Mar 31, 2025 | 6.94 Bn |
| Dec 31, 2024 | 5.64 Bn |
| Sep 30, 2024 | 6.13 Bn |
| Jun 30, 2024 | 6.02 Bn |
| Mar 31, 2024 | 4.83 Bn |
| Dec 31, 2023 | 6.31 Bn |
| Sep 30, 2023 | 6.66 Bn |
| Jun 30, 2023 | 4.87 Bn |
| Mar 31, 2023 | 5.23 Bn |
| Dec 31, 2022 | 6.25 Bn |
| Sep 30, 2022 | 7.36 Bn |
| Jun 30, 2022 | 8.61 Bn |
| Mar 31, 2022 | 7.50 Bn |
| Dec 31, 2021 | 6.32 Bn |
Canadian Natural Resources EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=CNQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();