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 | 680.89 Bn | 639.03 Bn | - | 14.97% |
| 2 | Chevron | 411.68 Bn | 378.72 Bn | 31.26 Bn | 13.86% |
| 3 | Shell | 290.92 Bn | 151.18 Bn | - | 15.97% |
| 4 | TotalEnergies SE | 193.26 Bn | 64.34 Bn | 31,614.00 | 26.08% |
| 5 | Eni Spa | 168.49 Bn | 108.13 Bn | - | 7.67% |
| 6 | Conocophillips | 163.36 Bn | 136.06 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 106.31 Bn | 19.16 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 100.20 Bn | 94.10 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 99.74 Bn | 83.53 Bn | 10.69 Bn | 26.83% |
| 10 | Suncor Energy | 82.10 Bn | 62.79 Bn | - | 7.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 20.33% |
| Dec 31, 2019 | 19.25% |
| Sep 30, 2019 | 12.33% |
| Jun 30, 2019 | 10.17% |
| Mar 31, 2019 | 7.11% |
| Dec 31, 2018 | 6.50% |
| Sep 30, 2018 | 8.54% |
| Jun 30, 2018 | 6.57% |
| Mar 31, 2018 | 5.85% |
| Dec 31, 2017 | 4.94% |
| Sep 30, 2017 | 4.74% |
| Jun 30, 2017 | 2.94% |
| Mar 31, 2017 | 0.17% |
| Dec 31, 2016 | -0.58% |
| Sep 30, 2016 | -1.61% |
| Jun 30, 2016 | -0.70% |
| Mar 31, 2016 | 0.45% |
| Dec 31, 2015 | -0.69% |
| Sep 30, 2015 | 2.48% |
| Jun 30, 2015 | 5.36% |
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();