Canadian Natural Resources (CNQ) Return on Capital Employed [ROCE] (2009 - 2020)
Canadian Natural Resources (CNQ) posted Return on Capital Employed [ROCE] of -37.99% for the year ended Dec 31, 2025, up 8.74 percentage points from -46.73% a year earlier.
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Analysis
Canadian Natural Resources (CNQ) Return on Capital Employed [ROCE] (2009 - 2020) Analysis & Trends
Since the year ended Dec 31, 2009, Canadian Natural Resources has reported Return on Capital Employed [ROCE] for 17 years.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -15.14 percentage points (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 stands as the highest annual Return on Capital Employed [ROCE] since the year ended Dec 31, 2021.
- Business Quant data shows CNQ's Return on Capital Employed [ROCE] at -46.73% in the year ended Dec 31, 2024 (-2.95 pp), -43.78% in the year ended Dec 31, 2023 (+8.00 pp), -51.78% in the year ended Dec 31, 2022 (-22.52 pp) and -29.26% in the year ended Dec 31, 2021 (-6.41 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 12.28% |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 19.08% |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -29.93% |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 5.20% |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -190.97% |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Suncor Energy | 83.03 Bn | 68.83 Bn | - | 19.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 4.47% |
| Dec 31, 2019 | 8.03% |
| Sep 30, 2019 | 5.68% |
| Jun 30, 2019 | 7.00% |
| Mar 31, 2019 | 6.96% |
| Dec 31, 2018 | 6.42% |
| Sep 30, 2018 | 8.43% |
| Jun 30, 2018 | 6.42% |
| Mar 31, 2018 | 5.83% |
| Dec 31, 2017 | 4.58% |
| Sep 30, 2017 | 9.40% |
| Jun 30, 2017 | 8.22% |
| Mar 31, 2017 | 6.13% |
| Dec 31, 2016 | 5.71% |
| Sep 30, 2016 | -1.68% |
| Jun 30, 2016 | -0.81% |
| Mar 31, 2016 | 0.37% |
| Dec 31, 2015 | -0.70% |
| Sep 30, 2015 | -0.66% |
| Jun 30, 2015 | 2.25% |
API Access
Canadian Natural Resources Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();