Canadian Natural Resources (CNQ) Interest Coverage Ratio (2010 - 2026)
Canadian Natural Resources' (CNQ) Interest Coverage Ratio stood at 25.74 in the quarter ended Jun 30, 2026, up 101.1% from 12.80 a year earlier and up 299.7% from the prior quarter.
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Analysis
Canadian Natural Resources (CNQ) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Canadian Natural Resources' Interest Coverage Ratio came in at 17.66 as of Jun 30, 2026, up 25.8% year-over-year; for the year ended Dec 31, 2025, it was -18.54.
- Across earlier years, Interest Coverage Ratio came in at -28.25 in the year ended Dec 31, 2024, -24.11 in the year ended Dec 31, 2023, -32.63 in the year ended Dec 31, 2022 and -13.60 in the year ended Dec 31, 2021.
- Quarterly Interest Coverage Ratio has ranged from 6.24 in the quarter ended Sep 30, 2025 to 29.33 in the quarter ended Jun 30, 2022 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in four of the last eight quarters, with growth averaging 9.4%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 394.1% in the quarter ended Sep 30, 2021, against a decline of 67.6% in the quarter ended Sep 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.44 (quarter ended Mar 31, 2026), 28.95 (quarter ended Dec 31, 2025) and 6.24 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 86.57 |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | -56.60 |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | 19.24 |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | 26.80 Mn |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 57.03 |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | - |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | -123.23 |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | 50.73 |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | - |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | 0.57 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.73 |
| Mar 31, 2026 | 22.01 |
| Dec 31, 2025 | -69.48 |
| Sep 30, 2025 | 88.17 |
| Jun 30, 2025 | 30.95 |
| Mar 31, 2025 | 38.60 |
| Dec 31, 2024 | 150.83 |
| Sep 30, 2024 | 54.27 |
| Jun 30, 2024 | 42.15 |
| Mar 31, 2024 | 47.12 |
| Dec 31, 2023 | 200.30 |
| Sep 30, 2023 | 37.78 |
| Jun 30, 2023 | 31.39 |
| Mar 31, 2023 | 39.95 |
| Dec 31, 2022 | 385.89 |
| Sep 30, 2022 | 89.53 |
| Jun 30, 2022 | 92.35 |
| Mar 31, 2022 | 78.14 |
| Dec 31, 2021 | 40.88 |
| Sep 30, 2021 | 29.96 |
API Access
Canadian Natural Resources Interest Coverage Ratio 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=interest-coverage-ratio&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();