Canadian Natural Resources (CNQ) Interest Coverage Ratio (2009 - 2026)

Canadian Natural Resources (CNQ) reported Interest Coverage Ratio of 38.78 for Q1 2026, up 13.44% on a YoY basis from 34.18 in Q1 2025, and up 173.76% sequentially from 52.57 in Q4 2025.

Canadian Natural Resources (CNQ) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Canadian Natural Resources (CNQ) has 18 years of Interest Coverage Ratio data on file, last reported at 38.78 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio rose 13.44% year-over-year to 38.78; the trailing twelve-month figure through Mar 2026 stood at 35.67 (down 6.58% YoY), and the FY2025 full-year result was 12.74, up 6.42% from the prior year.
  • Interest Coverage Ratio climbed to 38.78 in Q1 2026, from 52.57 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 65.58 in Q2 2022 to a low of 52.57 in Q4 2025.
  • A 5-year average of 24.73 and a median of 36.05 in 2023 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio soared 161.14% in 2024 and slumped 278.2% in 2025, its largest moves.
  • Tracing CNQ's Interest Coverage Ratio over 5 years: stood at 13.82 in 2022, then plunged by 249.15% to 48.25 in 2023, then soared by 161.14% to 29.5 in 2024, then tumbled by 278.2% to 52.57 in 2025, then jumped by 173.76% to 38.78 in 2026.
  • Business Quant data shows CNQ's Interest Coverage Ratio at 38.78 in Q1 2026, 52.57 in Q4 2025, and 13.74 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 24.33
2 Eog Resources 74.61 Bn 70.76 Bn - 31.68
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 1.22
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.04
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 5.22
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 77.85
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 1.09
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 15.31
10 Canadian Natural Resources 13.17 Bn 12.58 Bn 6.72 Bn 38.78

Historic Data

Download Data
DateValue
Mar 31, 2026 38.78
Dec 31, 2025 -52.57
Sep 30, 2025 -13.74
Jun 30, 2025 31.94
Mar 31, 2025 34.18
Dec 31, 2024 29.50
Sep 30, 2024 41.90
Jun 30, 2024 56.10
Mar 31, 2024 34.83
Dec 31, 2023 -48.25
Sep 30, 2023 36.05
Jun 30, 2023 50.68
Mar 31, 2023 44.04
Dec 31, 2022 -13.82
Sep 30, 2022 38.38
Jun 30, 2022 65.58
Mar 31, 2022 46.91
Dec 31, 2021 40.84
Sep 30, 2021 32.06
Jun 30, 2021 40.17