Canadian Natural Resources (CNQ) Interest Coverage Ratio (2010 - 2026)
Canadian Natural Resources' (CNQ) quarterly Interest Coverage Ratio came in at 50.73 in Q2 2026, up 89.01% year-over-year from 26.84 in Q2 2025, and up 130.46% quarter-over-quarter from 22.01 in Q1 2026.
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Analysis
Canadian Natural Resources (CNQ) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Canadian Natural Resources has disclosed Interest Coverage Ratio across 17 years of filings, most recently posting 50.73 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 89.01% year-over-year to 50.73; the TTM figure through Jun 2026 stood at 9.98 (down 71.53% YoY), while the FY2025 annual figure was 4.9, up 8630.51% from the prior year.
- Interest Coverage Ratio came in at 50.73 for Q2 2026 at Canadian Natural Resources, up from 22.01 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 163.32 in Q4 2022 to a low of 69.48 in Q4 2025.
- Average Interest Coverage Ratio over 5 years is 53.88, with a median of 50.32 recorded in 2022.
- Year-over-year, Interest Coverage Ratio surged 299.49% in 2022 and slumped 256.97% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 163.32 in 2022, then slumped by 34.84% to 106.42 in 2023, then tumbled by 58.41% to 44.26 in 2024, then tumbled by 256.97% to 69.48 in 2025, then jumped by 173.02% to 50.73 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 50.73 in Q2 2026, 22.01 in Q1 2026, and 69.48 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 57.03 |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | 50.73 |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 52.66 |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 16.56 |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 15.37 |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 15.56 |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 9.94 |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 19.91 |
| 10 | Antero Resources | 10.48 Bn | 9.91 Bn | 1.56 Bn | - |
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 | 71.46 |
| Jun 30, 2025 | 26.84 |
| Mar 31, 2025 | 31.73 |
| Dec 31, 2024 | 44.26 |
| Sep 30, 2024 | 44.48 |
| Jun 30, 2024 | 42.15 |
| Mar 31, 2024 | 70.85 |
| Dec 31, 2023 | 106.42 |
| Sep 30, 2023 | 69.19 |
| Jun 30, 2023 | 31.39 |
| Mar 31, 2023 | 67.73 |
| Dec 31, 2022 | 163.32 |
| Sep 30, 2022 | 49.91 |
| Jun 30, 2022 | 68.61 |
| 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();