Canadian Natural Resources (CNQ) Return on Sales [ROS] (2009 - 2026)
Canadian Natural Resources' Return on Sales [ROS] was 78.41% in Q3 2026, up 4.34 percentage points from 74.07% a year earlier but down 6.09 percentage points from the prior quarter.
Canadian Natural Resources (CNQ) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Canadian Natural Resources' Return on Sales [ROS] was 77.61% through Sep 30, 2026, up 2.61 percentage points year-over-year; for FY2025, it came in at 38.46%, up 12.54 percentage points from FY2024.
- Return on Sales [ROS] shows a five-year change of +34.68 percentage points (FY2020 to FY2025).
- In earlier years, Return on Sales [ROS] was 25.92% in FY2024 (-5.88 pp), 31.80% in FY2023 (-34.61 pp), 66.41% in FY2022 (-1.74 pp) and 68.15% in FY2021 (+64.37 pp).
- Quarterly Return on Sales [ROS] has moved between 69.02% (Q1 2024) and 84.51% (Q2 2026) over five years.
- Compared with a year earlier, Return on Sales [ROS] was higher in four of the last eight quarters, with an average year-over-year change of 0.00 percentage points.
- The best year-over-year quarter for Return on Sales [ROS] over five years was Q4 2021 (a gain of 11.55 percentage points); the worst was Q4 2024 (a drop of 9.23 percentage points).
- Per Business Quant data, CNQ's Return on Sales [ROS] in the three quarters before Q3 2026 was 84.51% (Q2 2026), 69.28% (Q1 2026) and 75.10% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.93% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 977.98% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.54% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 39.66% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.15% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 50.83% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 14.27% |
| 10 | Suncor Energy | 83.45 Bn | 69.02 Bn | - | 46.69% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 78.41% |
| Jun 30, 2026 | 84.51% |
| Mar 31, 2026 | 69.28% |
| Dec 31, 2025 | 75.10% |
| Sep 30, 2025 | 74.07% |
| Jun 30, 2025 | 76.12% |
| Mar 31, 2025 | 78.34% |
| Dec 31, 2024 | 71.23% |
| Sep 30, 2024 | 80.36% |
| Jun 30, 2024 | 77.49% |
| Mar 31, 2024 | 69.02% |
| Dec 31, 2023 | 80.46% |
| Sep 30, 2023 | 75.94% |
| Jun 30, 2023 | 73.97% |
| Mar 31, 2023 | 74.05% |
| Dec 31, 2022 | 76.98% |
| Sep 30, 2022 | 76.38% |
| Jun 30, 2022 | 79.48% |
| Mar 31, 2022 | 78.32% |
| Dec 31, 2021 | 78.19% |
Canadian Natural Resources Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();