Canadian Natural Resources (CNQ) Return on Capital Employed (2009 - 2020)
Canadian Natural Resources (CNQ) posted Return on Capital Employed of 26.47% for Q1 2020, up 15.45% sequentially from 22.93% in Q4 2019, and up 2257.0% YoY from 1.12% in Q2 2019.
Canadian Natural Resources (CNQ) Return on Capital Employed (2009 - 2020) Analysis & Trends
Canadian Natural Resources has reported Return on Capital Employed for 12 years, with the latest figure at 26.47% in Q1 2020.
- Quarterly Return on Capital Employed rose 2257.0% year-over-year to 26.47% in Q1 2020, while the trailing twelve-month figure through Mar 2020 was 26.47% (up 2257.0% YoY) and the FY2025 annual result came in at 16.27%, up 501.0% from the prior year.
- Return on Capital Employed climbed to 26.47% in Q1 2020 per CNQ's latest filing, from 22.93% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 26.47% in Q1 2020 and troughed at 0.8% in Q1 2016.
- A 5-year average of 7.21% and a median of 4.86% in 2017 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2016 and 2020: Return on Capital Employed tumbled 832 bps in 2016, then jumped 2257 bps in 2020.
- Over 5 years, Return on Capital Employed stood at 3.04% in 2016, then soared by 31 bps to 3.97% in 2017, then retreated by 14 bps to 3.43% in 2018, then jumped by 569 bps to 22.93% in 2019, then rose by 15 bps to 26.47% in 2020.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 26.47%, 22.93%, and 14.6% for Q1 2020, Q4 2019, and Q3 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 28.17% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 18.27% |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 1.68% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 9.42% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 5.58% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 10.19% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 39.30% |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 14.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | 26.47% |
| Dec 31, 2019 | 22.93% |
| Sep 30, 2019 | 14.60% |
| Jun 30, 2019 | 9.85% |
| Mar 31, 2019 | 3.90% |
| Dec 31, 2018 | 3.43% |
| Sep 30, 2018 | 5.24% |
| Jun 30, 2018 | 5.33% |
| Mar 31, 2018 | 5.15% |
| Dec 31, 2017 | 3.97% |
| Sep 30, 2017 | 5.87% |
| Jun 30, 2017 | 4.86% |
| Mar 31, 2017 | 4.35% |
| Dec 31, 2016 | 3.04% |
| Sep 30, 2016 | 1.61% |
| Jun 30, 2016 | 1.16% |
| Mar 31, 2016 | 0.80% |
| Dec 31, 2015 | 0.13% |
| Sep 30, 2015 | 2.47% |
| Jun 30, 2015 | 4.96% |