Canadian Natural Resources (CNQ) Return on Assets [ROA] (2009 - 2020)
Canadian Natural Resources (CNQ) recorded Return on Assets [ROA] of 12.09% in the year ended Dec 31, 2025, up 4.58 percentage points from 7.52% a year earlier.
Canadian Natural Resources (CNQ) Return on Assets [ROA] (2009 - 2020) Analysis & Trends
Starting with the year ended Dec 31, 2009, Canadian Natural Resources' Return on Assets [ROA] history includes 17 years.
- Annual Return on Assets [ROA] has a five-year change of +12.66 percentage points (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 is the highest annual Return on Assets [ROA] since the year ended Dec 31, 2022.
- Per Business Quant data, CNQ's Return on Assets [ROA] was 7.52% in the year ended Dec 31, 2024 (-3.11 pp), 10.63% in the year ended Dec 31, 2023 (-3.43 pp), 14.05% in the year ended Dec 31, 2022 (+3.63 pp) and 10.42% in the year ended Dec 31, 2021 (+10.99 pp).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 673.87 Bn | 637.09 Bn | - | 7.26% |
| 2 | Shell | 543.95 Bn | 454.50 Bn | 30.13 Bn | 6.87% |
| 3 | Chevron | 409.32 Bn | 387.11 Bn | 33.45 Bn | 6.36% |
| 4 | TotalEnergies SE | 186.50 Bn | 69.63 Bn | - | 5.76% |
| 5 | Eni Spa | 171.15 Bn | 120.67 Bn | - | 29.79% |
| 6 | Conocophillips | 152.65 Bn | 125.36 Bn | 12.81 Bn | 7.52% |
| 7 | Equinor Asa | 105.44 Bn | 51.50 Bn | - | 658.73% |
| 8 | Phillips 66 | 105.42 Bn | 94.41 Bn | 8.38 Bn | 8.67% |
| 9 | Canadian Natural Resources | 99.52 Bn | 96.47 Bn | - | - |
| 10 | Suncor Energy | 82.47 Bn | 68.27 Bn | - | 11.88% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 4.12% |
| Dec 31, 2019 | 6.86% |
| Sep 30, 2019 | 5.11% |
| Jun 30, 2019 | 6.53% |
| Mar 31, 2019 | 4.57% |
| Dec 31, 2018 | 4.28% |
| Sep 30, 2018 | 5.76% |
| Jun 30, 2018 | 4.02% |
| Mar 31, 2018 | 3.83% |
| Dec 31, 2017 | 3.16% |
| Sep 30, 2017 | 3.48% |
| Jun 30, 2017 | 2.37% |
| Mar 31, 2017 | 0.22% |
| Dec 31, 2016 | -0.37% |
| Sep 30, 2016 | -1.32% |
| Jun 30, 2016 | -0.97% |
| Mar 31, 2016 | -1.13% |
| Dec 31, 2015 | -1.36% |
| Sep 30, 2015 | 1.21% |
| Jun 30, 2015 | 3.30% |
Canadian Natural Resources Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=CNQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();