Canadian Natural Resources (CNQ) Interest Coverage Ratio (2009 - 2026)
Canadian Natural Resources (CNQ) posted Interest Coverage Ratio of 46.71 for Q1 2026, up 176.04% sequentially from 61.42 in Q4 2025, and up 13.69% YoY from 41.08 in Q1 2025.
Canadian Natural Resources (CNQ) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Canadian Natural Resources has reported Interest Coverage Ratio for 18 years, with the latest figure at 46.71 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 13.69% year-over-year to 46.71 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.7 (down 77.62% YoY) and the FY2025 annual result came in at 12.74, up 6.42% from the prior year.
- Interest Coverage Ratio improved to 46.71 in Q1 2026 per CNQ's latest filing, from 61.42 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 91.83 in Q2 2022 and troughed at 61.42 in Q4 2025.
- A 5-year average of 47.32 and a median of 49.5 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio soared 106.89% in 2022, then tumbled 196.3% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 72.24 in 2022, then increased by 17.69% to 85.02 in 2023, then slipped by 24.98% to 63.78 in 2024, then sank by 196.3% to 61.42 in 2025, then surged by 176.04% to 46.71 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 46.71, 61.42, and 29.72 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 61.27 |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 52.66 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 16.56 |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 29.51 |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 5.22 |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 197.14 |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 15.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.71 |
| Dec 31, 2025 | -61.42 |
| Sep 30, 2025 | 29.72 |
| Jun 30, 2025 | 31.94 |
| Mar 31, 2025 | 41.08 |
| Dec 31, 2024 | 63.78 |
| Sep 30, 2024 | 41.90 |
| Jun 30, 2024 | 56.10 |
| Mar 31, 2024 | 41.34 |
| Dec 31, 2023 | 85.02 |
| Sep 30, 2023 | 48.74 |
| Jun 30, 2023 | 57.76 |
| Mar 31, 2023 | 49.50 |
| Dec 31, 2022 | 72.24 |
| Sep 30, 2022 | 53.42 |
| Jun 30, 2022 | 91.83 |
| Mar 31, 2022 | 54.82 |
| Dec 31, 2021 | 72.62 |
| Sep 30, 2021 | 32.06 |
| Jun 30, 2021 | 44.39 |