Canadian Natural Resources (CNQ) EBITDA Margin (2009 - 2026)

Canadian Natural Resources has disclosed EBITDA Margin across 18 years of filings, most recently posting 72.1% for Q1 2026.

• EBITDA Margin for Q1 2026 came in at 72.1%, down 821.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 115.15% (up 1082.0% YoY), and the FY2025 annual result was 59.9%, up 1920.0% from the prior year.
• EBITDA Margin came in at 72.1% for Q1 2026 at Canadian Natural Resources, down from 216.81% in the prior quarter.
• In the past five years, EBITDA Margin ranged from a high of 242.7% in Q4 2022 to a low of 72.1% in Q1 2026.
• The 5-year median for EBITDA Margin is 80.85% (2022), against an average of 109.44%.
• Across the five-year window, EBITDA Margin surged 5971 bps in 2022 and slumped 5613 bps in 2023, its largest moves.
• Canadian Natural Resources' EBITDA Margin stood at 242.7% in 2022, then fell by 23 bps to 186.57% in 2023, then fell by 4 bps to 178.46% in 2024, then rose by 21 bps to 216.81% in 2025, then slumped by 67 bps to 72.1% in 2026.
• The last three EBITDA Margin figures came in at 72.1% (Q1 2026), 216.81% (Q4 2025), and 76.84% (Q3 2025), per Business Quant data.