Canadian Natural Resources (CNQ) Tax Rate (2009 - 2026)

Canadian Natural Resources has disclosed Tax Rate across 18 years of filings, most recently posting 32.08% for Q1 2026.

• Tax Rate for Q1 2026 came in at 32.08%, up 1558.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.54% (down 31.0% YoY), and the FY2025 annual result was 14.43%, down 456.0% from the prior year.
• Tax Rate came in at 32.08% for Q1 2026 at Canadian Natural Resources, up from 7.93% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 86.04% in Q3 2025 to a low of 7.93% in Q4 2025.
• The 5-year median for Tax Rate is 19.84% (2022), against an average of 23.66%.
• Across the five-year window, Tax Rate plunged 1293 bps in 2023 and soared 7219 bps in 2025, its largest moves.
• Canadian Natural Resources' Tax Rate stood at 30.0% in 2022, then plunged by 43 bps to 17.07% in 2023, then fell by 18 bps to 13.93% in 2024, then plunged by 43 bps to 7.93% in 2025, then jumped by 305 bps to 32.08% in 2026.
• The last three Tax Rate figures came in at 32.08% (Q1 2026), 7.93% (Q4 2025), and 86.04% (Q3 2025), per Business Quant data.