Canadian Natural Resources (CNQ) EV to EBIT (2010 - 2026)
Canadian Natural Resources' (CNQ) EV to EBIT stood at 7.03 in the quarter ended Jun 30, 2026, down 15.3% from 8.30 a year earlier and down 35.9% from the prior quarter.
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Analysis
Canadian Natural Resources (CNQ) EV to EBIT (2010 - 2026) Analysis & Trends
On a TTM basis, Canadian Natural Resources' EV to EBIT came in at 6.93 as of Jun 30, 2026, down 15.7% year-over-year; for the year ended Dec 31, 2016, it came in at 193.78, down 30.5% from the prior year.
- Across earlier years, EV to EBIT came in at 278.88 in the year ended Dec 31, 2015 (-92.5%), 3727.36 in the year ended Dec 31, 2014, 14.62 in the year ended Dec 31, 2013 (-22.7%) and 18.91 in the year ended Dec 31, 2012 (+18.6%).
- Quarterly EV to EBIT has ranged from 4.19 in the quarter ended Sep 30, 2022 to 11.07 in the quarter ended Mar 31, 2024 over the past five years.
- On a year-over-year basis, EV to EBIT rose in three of the last eight quarters, with an average decline of 4.5%.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 150.4% in the quarter ended Sep 30, 2023, against a decline of 99.5% in the quarter ended Sep 30, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.96 (quarter ended Mar 31, 2026), 6.97 (quarter ended Dec 31, 2025) and 10.83 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - |
| 10 | Eog Resources | 73.27 Bn | 57.59 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.03 |
| Mar 31, 2026 | 10.96 |
| Dec 31, 2025 | 6.97 |
| Sep 30, 2025 | 10.83 |
| Jun 30, 2025 | 8.30 |
| Mar 31, 2025 | 8.61 |
| Dec 31, 2024 | 10.26 |
| Sep 30, 2024 | 9.63 |
| Jun 30, 2024 | 9.88 |
| Mar 31, 2024 | 11.07 |
| Dec 31, 2023 | 8.70 |
| Sep 30, 2023 | 10.50 |
| Jun 30, 2023 | 8.49 |
| Mar 31, 2023 | 6.40 |
| Dec 31, 2022 | 5.47 |
| Sep 30, 2022 | 4.19 |
| Jun 30, 2022 | 5.00 |
| Mar 31, 2022 | 6.86 |
| Dec 31, 2021 | 5.64 |
| Sep 30, 2021 | 6.56 |
API Access
Canadian Natural Resources EV to 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=ev-to-ebit&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-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=ev-to-ebit&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();