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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 670.95 Bn | 635.82 Bn | 47.44 Bn | 8.98% |
| 2 | Shell | 553.51 Bn | 414.86 Bn | - | 4.18% |
| 3 | Chevron | 415.12 Bn | 387.81 Bn | 31.26 Bn | 8.25% |
| 4 | TotalEnergies SE | 193.87 Bn | 69.22 Bn | 31.61 Bn | 6.03% |
| 5 | Eni Spa | 173.39 Bn | 116.57 Bn | - | 5.60% |
| 6 | Conocophillips | 160.35 Bn | 129.38 Bn | 12.63 Bn | 9.23% |
| 7 | Equinor Asa | 101.69 Bn | 14.62 Bn | 4.49 Bn | 834.81% |
| 8 | Canadian Natural Resources | 100.42 Bn | 94.32 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 97.80 Bn | 82.75 Bn | 10.69 Bn | 15.10% |
| 10 | Suncor Energy | 80.87 Bn | 66.44 Bn | - | 17.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 4.21% |
| Dec 31, 2019 | 6.83% |
| Sep 30, 2019 | 5.06% |
| Jun 30, 2019 | 6.29% |
| Mar 31, 2019 | 4.23% |
| Dec 31, 2018 | 3.70% |
| Sep 30, 2018 | 5.21% |
| Jun 30, 2018 | 3.70% |
| Mar 31, 2018 | 3.66% |
| Dec 31, 2017 | 3.13% |
| Sep 30, 2017 | 3.41% |
| Jun 30, 2017 | 2.33% |
| Mar 31, 2017 | 0.22% |
| Dec 31, 2016 | -0.38% |
| Sep 30, 2016 | -1.10% |
| Jun 30, 2016 | -0.73% |
| Mar 31, 2016 | -0.90% |
| Dec 31, 2015 | -1.18% |
| Sep 30, 2015 | -1.31% |
| Jun 30, 2015 | 0.88% |
API Access
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_KEYimport 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();