Canadian Natural Resources (CNQ) Tax Rate (2016 - 2026)

Canadian Natural Resources' Tax Rate history spans 18 years, with the latest figure at 32.08% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 1558.0% to 32.08% in Q1 2026 year-over-year; TTM through Mar 2026 was 16.54%, a 31.0% decrease, with the full-year FY2025 number at 14.43%, down 456.0% from a year prior.
  • Tax Rate hit 32.08% in Q1 2026 for Canadian Natural Resources, up from 7.93% in the prior quarter.
  • Over the last five years, Tax Rate for CNQ hit a ceiling of 86.04% in Q3 2025 and a floor of 7.93% in Q4 2025.
  • Historically, Tax Rate has averaged 23.66% across 5 years, with a median of 19.84% in 2022.
  • Biggest five-year swings in Tax Rate: plummeted -1293bps in 2023 and later surged 7219bps in 2025.
  • Tracing CNQ's Tax Rate over 5 years: stood at 30.0% in 2022, then tumbled by -43bps to 17.07% in 2023, then dropped by -18bps to 13.93% in 2024, then crashed by -43bps to 7.93% in 2025, then surged by 305bps to 32.08% in 2026.
  • Business Quant data shows Tax Rate for CNQ at 32.08% in Q1 2026, 7.93% in Q4 2025, and 86.04% in Q3 2025.