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CANADIAN NATURAL RESOURCES Ltd

CNQNYSECrude Petroleum & Natural GasFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 26, 2026Score 2/30
$53.64−2.47 (-4.40%)

Close on Nov 2, 2026Market cap $111.66BP/E 14.5Yield –

Canadian Natural Resources After-Tax Return on Average Common Equity / Capital by Quarter

After-Tax Return on Average Common Equity / Capital Employed (%) (%)

QuarterlyAnnual

Canadian Natural Resources After-Tax Return on Average Common Equity / Capital: 20.6% in Q2 2026, up 4.3 pts from a year earlier.

Latest, Q2 2026
20.6%
Period ended Jun 30, 2026
Change on a year earlier
+4.3 pts
16.3% in Q2 2025
History
39 quarters
Since Q4 2016
Sources
35
Documents cited below

Where the Q2 2026 figure comes from

“|| After-tax return on average capital employed (3) | 20.6% | 17.5% | 19.5% | 16.3%”

Source: Canadian Natural Form 6-K, filed 2026-08-06 ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedAfter-Tax Return on Average Common Equity / Capital Employed (%) (%)Year on yearSource
Q2 2026Jun 30, 202620.6%+4.3 ptsCanadian Natural Form 6-K, filed 2026-08-06 ↗
Q1 2026Mar 31, 202617.5%+2.2 ptsCanadian Natural Form 6-K, filed 2026-08-06 ↗
Q4 2025Dec 31, 202519.5%+6.8 ptsCanadian Natural Form 6-K, filed 2026-08-06 ↗
Q3 2025Sep 30, 202512.8%-3.1 ptsCanadian Natural Form 6-K, filed 2026-03-06 ↗
Q2 2025Jun 30, 202516.3%+0.2 ptsCanadian Natural Form 6-K, filed 2026-08-06 ↗
Q1 2025Mar 31, 202515.3%-0.3 ptsCanadian Natural Form 6-K, filed 2026-05-07 ↗
Q4 2024Dec 31, 202412.7%-4.5 ptsCanadian Natural Form 6-K, filed 2026-03-06 ↗
Q3 2024Sep 30, 202415.9%+0.9 ptsCanadian Natural Form 6-K, filed 2025-11-06 ↗
Q2 2024Jun 30, 202416.1%+0.3 ptsCanadian Natural Form 6-K, filed 2025-08-07 ↗
Q1 2024Mar 31, 202415.6%+15.6 ptsCanadian Natural Form 6-K, filed 2025-05-08 ↗
Q4 2023Dec 31, 202317.2%-4.9 ptsCanadian Natural Form 6-K, filed 2025-03-06 ↗
Q3 2023Sep 30, 202315.0%-9.0 ptsCanadian Natural Form 6-K, filed 2024-10-31 ↗
Q2 2023Jun 30, 202315.8%-6.9 ptsCanadian Natural Form 6-K, filed 2024-08-01 ↗
Q1 2023Mar 31, 20230.0%-18.9 ptsCanadian Natural Form 6-K, filed 2024-05-02 ↗
Q4 2022Dec 31, 202222.1%+6.5 ptsCanadian Natural Form 6-K, filed 2024-02-29 ↗
Q3 2022Sep 30, 202224.0%+11.9 ptsCanadian Natural Form 6-K, filed 2023-11-02 ↗

Cite this data

StockData. (2026). Canadian Natural Resources After-Tax Return on Average Common Equity / Capital (%), quarterly Q4 2016–Q2 2026 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/fin-roce-after-tax-pct

See every metric in the Canadian Natural Resources KPI table. Data updated Oct 31, 2026.