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

Canadian Natural Resources has disclosed Tax Rate across 18 years of filings, most recently posting 18.22% for Q2 2026.

• In Q2 2026, Tax Rate rose 263.0% year-over-year to 18.22%; the TTM figure through Jun 2026 stood at 17.38% (up 227.0% YoY), while the FY2025 annual figure was 14.43%, down 456.0% from the prior year.
• Tax Rate came in at 18.22% for Q2 2026 at Canadian Natural Resources, down from 32.08% 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.
• Average Tax Rate over 5 years is 23.36%, with a median of 19.48% recorded in 2022.
• Year-over-year, Tax Rate tumbled 1293 bps in 2023 and jumped 7219 bps in 2025.
• Over 5 years, Tax Rate stood at 30.0% in 2022, then slumped by 43 bps to 17.07% in 2023, then fell by 18 bps to 13.93% in 2024, then slumped by 43 bps to 7.93% in 2025, then jumped by 130 bps to 18.22% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 18.22% in Q2 2026, 32.08% in Q1 2026, and 7.93% in Q4 2025.