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

Canadian Natural Resources has disclosed FCF Margin across 18 years of filings, most recently posting 19.35% for Q1 2026.

• FCF Margin for Q1 2026 came in at 19.35%, up 750.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.95% (down 2245.0% YoY), and the FY2025 annual result was 56.19%, up 1120.0% from the prior year.
• FCF Margin came in at 19.35% for Q1 2026 at Canadian Natural Resources, up from 11.55% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 19.8% in Q2 2023 to a low of 22.32% in Q3 2025.
• The 5-year median for FCF Margin is 11.86% (2025), against an average of 4.65%.
• Across the five-year window, FCF Margin soared 2742 bps in 2024 and tumbled 3997 bps in 2025, its largest moves.
• Canadian Natural Resources' FCF Margin stood at 17.27% in 2022, then gained by 20 bps to 13.89% in 2023, then jumped by 197 bps to 13.53% in 2024, then plunged by 185 bps to 11.55% in 2025, then jumped by 268 bps to 19.35% in 2026.
• The last three FCF Margin figures came in at 19.35% (Q1 2026), 11.55% (Q4 2025), and 22.32% (Q3 2025), per Business Quant data.