Canadian Natural Resources CNQ
NYSE CNQ
$51.40 +0.37 (+0.73%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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%