Canadian Natural Resources CNQ
NYSE CNQ
$50.79 -0.56 (-1.09%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Canadian Natural Resources' (CNQ) quarterly Net Margin came in at 32.66% in Q2 2026, up 540.0% year-over-year from 5.1% in Q2 2025, and up 200.51% quarter-over-quarter from 10.87% in Q1 2026.

Analysis

Canadian Natural Resources (CNQ) Net Margin (2009 - 2026) Analysis & Trends

Canadian Natural Resources has disclosed Net Margin across 18 years of filings, most recently posting 32.66% for Q2 2026.

  • In Q2 2026, Net Margin rose 540.0% year-over-year to 32.66%; the TTM figure through Jun 2026 stood at 27.54% (up 451.0% YoY), while the FY2025 annual figure was 29.23%, up 1092.0% from the prior year.
  • Net Margin came in at 32.66% for Q2 2026 at Canadian Natural Resources, up from 10.87% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 65.62% in Q4 2025 to a low of 0.01% in Q1 2024.
  • Average Net Margin over 5 years is 14.94%, with a median of 12.64% recorded in 2024.
  • Year-over-year, Net Margin tumbled 2959 bps in 2022 and jumped 5120 bps in 2025.
  • Over 5 years, Net Margin stood at 0.01% in 2022, then soared by 83 bps to 0.02% in 2023, then jumped by 63258 bps to 14.42% in 2024, then jumped by 355 bps to 65.62% in 2025, then tumbled by 50 bps to 32.66% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 32.66% in Q2 2026, 10.87% in Q1 2026, and 65.62% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Conocophillips 166.37 Bn 158.68 Bn 12.81 Bn 20.14%
2 Canadian Natural Resources 106.24 Bn 104.35 Bn 8.84 Bn 32.66%
3 Eog Resources 77.64 Bn 72.73 Bn - 31.60%
4 Diamondback Energy 57.73 Bn 57.26 Bn 5.55 Bn 36.95%
5 Devon Energy 46.75 Bn 45.74 Bn 6.02 Bn 22.14%
6 Expand Energy 23.07 Bn 21.81 Bn 2.33 Bn 17.64%
7 Permian Resources 19.87 Bn 19.61 Bn - 42.65%
8 Ovintiv 17.94 Bn 17.05 Bn 2.83 Bn 15.13%
9 Apa 15.73 Bn 15.28 Bn 2.28 Bn 31.14%
10 Antero Resources 12.12 Bn 11.55 Bn 1.56 Bn 17.86%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32.66%
Mar 31, 2026 10.87%
Dec 31, 2025 65.62%
Sep 30, 2025 0.71%
Jun 30, 2025 27.26%
Mar 31, 2025 23.64%
Dec 31, 2024 14.42%
Sep 30, 2024 27.21%
Jun 30, 2024 19.18%
Mar 31, 2024 0.01%
Dec 31, 2023 0.02%
Sep 30, 2023 0.02%
Jun 30, 2023 18.49%
Mar 31, 2023 0.02%
Dec 31, 2022 0.01%
Sep 30, 2022 28.77%
Jun 30, 2022 0.02%
Mar 31, 2022 0.02%
Dec 31, 2021 29.60%
Sep 30, 2021 29.28%