Canadian Natural Resources (CNQ) Financials

$30.74 -0.41 (-1.32%)

Closing price 03:59 PM Eastern

Extended Trading

$31.00 +0.26 (+0.83%)

As of 06:13 PM Eastern

Annual Income Statements for Canadian Natural Resources

This table shows Canadian Natural Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	4,240	6,236	8,082	5,998	-341	4,174	1,899	1,905	-152	-461
Consolidated Net Income / (Loss)	4,240	6,236	8,082	5,998	-341	4,174	1,899	1,905	-152	-461
Net Income / (Loss) Continuing Operations	4,240	6,236	8,082	5,998	-341	4,174	1,899	1,905	-152	-461
Total Pre-Tax Income	5,597	7,700	10,127	7,757	-684	3,819	2,581	2,283	-791	-482
Total Operating Income	6,632	7,928	10,933	7,730	-343	4,250	3,651	1,828	-976	-197
Total Gross Profit	11,542	13,062	16,575	12,382	4,557	8,671	7,569	6,079	2,744	3,892
Total Revenue	17,356	19,858	23,607	18,382	9,416	13,680	12,199	10,696	6,122	7,276
Operating Revenue	17,356	19,858	23,607	18,382	9,416	13,680	12,199	10,696	6,122	7,276
Total Cost of Revenue	5,814	6,795	7,032	6,000	4,859	5,009	4,630	4,616	3,378	3,384
Operating Cost of Revenue	5,814	6,795	7,032	6,000	4,859	5,009	4,630	4,616	3,378	3,384
Total Operating Expenses	4,910	5,135	5,641	4,653	4,900	4,421	3,918	4,252	3,721	4,090
Depreciation Expense	4,640	4,858	5,434	4,480	4,740	4,274	3,782	4,121	3,615	3,964
Other Operating Expenses / (Income)	270	277	208	173	161	146	136	130	106	125
Total Other Income / (Expense), net	-1,035	-228	-806	27	-341	-431	-1,070	455	185	-285
Interest Expense	411	482	406	556	593	644	542	501	285	233
Interest & Investment Income	39	42	145	484	36	-226	-254	30	243	-36
Other Income / (Expense), net	-663	211	-545	99	216	439	-275	927	227	-16
Income Tax Expense	1,356	1,463	2,045	1,759	-343	-355	682	378	-639	-22
Basic Earnings per Share	$1.99	$2.86	$3.56	$6.49	($0.37)	$4.55	$2.13	$1.62	($0.19)	($0.58)
Weighted Average Basic Shares Outstanding	2.10B	2.14B	1.10B	1.17B	1.18B	1.19B	1.20B	1.22B	-	-
Diluted Earnings per Share	$1.98	$2.83	$3.52	$6.46	($0.37)	$4.54	$2.12	$1.61	($0.19)	($0.58)
Weighted Average Diluted Shares Outstanding	2.10B	2.14B	1.10B	1.17B	1.18B	1.19B	1.20B	1.22B	-	-
Weighted Average Basic & Diluted Shares Outstanding	2.10B	2.14B	1.10B	1.17B	1.18B	1.19B	1.20B	1.22B	-	-

No quarterly income statements for Canadian Natural Resources are available.

This table details how cash moves in and out of Canadian Natural Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	9,217	7,008	8,145	2,262	2,675	5,704	531	7,848	390	975
Net Cash From Operating Activities	8,760	10,726	12,795	10,058	5,182	7,694	4,954	8,393	2,218	3,427
Net Cash From Continuing Operating Activities	8,760	10,726	12,795	10,058	5,182	7,694	4,954	8,393	2,218	3,427
Net Income / (Loss) Continuing Operations	4,240	6,236	8,082	5,998	-341	4,174	1,899	1,905	-152	-461
Consolidated Net Income / (Loss)	4,240	6,236	8,082	5,998	-341	4,174	1,899	1,905	-152	-461
Depreciation Expense	4,640	4,858	5,434	4,480	4,740	4,274	3,782	4,121	3,615	3,964
Non-Cash Adjustments To Reconcile Net Income	-413	-408	-619	-733	925	-65	-1,135	1,858	-1,066	-244
Changes in Operating Assets and Liabilities, net	293	40	-103	312	-142	-689	408	509	-179	167
Net Cash From Investing Activities	-3,339	-3,718	-3,795	-3,416	-2,007	-2,781	-3,254	-3,733	-2,826	-3,231
Net Cash From Continuing Investing Activities	-3,339	-3,718	-3,795	-3,416	-2,007	-2,781	-3,254	-3,733	-2,826	-3,231
Purchase of Property, Plant & Equipment	-3,738	-3,718	-3,795	-3,516	-2,007	-2,781	-3,254	-3,733	-2,826	-3,231
Sale and/or Maturity of Investments	399	0.00	0.00	100	0.00	0.00	-	-	-	-
Net Cash From Financing Activities	3,796	0.00	-854	-4,380	-500	790	-1,169	3,189	997	779
Net Cash From Continuing Financing Activities	3,796	0.00	-854	-4,380	-500	790	-1,169	3,189	997	779
Issuance of Debt	3,796	0.00	-854	-4,814	265	1,561	-1,169	1,766	255	701
Cash Interest Paid	407	456	453	526	584	667	668	576	459	391
Cash Income Taxes Paid	794	2,512	2,259	-49	-23	343	-165	-629	-330	30

No quarterly cash flow statements for Canadian Natural Resources are available.

This table presents Canadian Natural Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	59,277	57,533	56,268	60,002	59,009	60,206	52,437	58,701	43,644
Total Current Assets	5,142	5,429	5,215	4,651	3,419	3,458	2,213	3,892	3,227
Cash & Equivalents	91	664	680	582	144	107	74	109	13
Short-Term Investments	0.00	398	363	242	239	378	384	710	679
Accounts Receivable	2,865	2,416	2,627	2,435	1,717	1,900	841	1,905	1,067
Inventories, net	1,940	1,541	1,341	1,212	831	888	700	710	513
Prepaid Expenses	194	357	159	153	181	134	129	139	111
Other Current Assets	53	54	45	27	64	42	85	63	211
Plant, Property, & Equipment, net	50,982	48,918	47,930	51,968	51,544	52,439	47,307	51,789	37,885
Total Noncurrent Assets	3,153	3,187	3,123	3,383	4,047	4,309	2,916	3,020	2,532
Other Noncurrent Operating Assets	3,153	3,187	3,123	3,383	4,047	4,309	2,916	3,020	2,532
Total Liabilities & Shareholders' Equity	59,277	57,533	56,268	60,002	59,009	60,206	52,437	58,701	43,644
Total Liabilities	31,869	27,362	28,057	31,087	33,627	33,239	29,007	33,547	24,097
Total Current Liabilities	6,688	5,632	6,393	5,809	3,981	5,115	3,489	4,976	3,789
Short-Term Debt	1,667	742	299	783	1,053	1,843	836	1,492	1,348
Accounts Payable	749	1,074	991	628	523	629	571	616	443
Accrued Expenses	3,142	2,677	3,110	2,398	1,839	2,012	1,726	2,064	1,654
Current Deferred & Payable Income Tax Liabilities	64	0.00	978	1,258	0.00	-	111	0.00	-
Other Current Liabilities	1,066	1,138	1,015	742	566	631	245	804	345
Total Noncurrent Liabilities	25,181	21,730	21,664	25,278	29,646	28,124	25,518	28,571	20,307
Long-Term Debt	11,402	7,438	8,159	10,718	15,764	14,328	14,276	16,355	11,157
Noncurrent Deferred & Payable Income Tax Liabilities	7,319	7,713	7,474	7,999	7,952	8,122	8,391	8,722	6,752
Other Noncurrent Operating Liabilities	6,460	6,579	6,031	6,562	5,929	5,674	2,851	3,494	2,398
Total Equity & Noncontrolling Interests	27,408	30,171	28,211	28,915	25,383	26,967	23,430	25,154	19,547
Total Preferred & Common Equity	27,408	30,171	28,211	28,915	25,383	26,967	23,430	25,154	19,547
Total Common Equity	27,408	30,171	28,211	28,915	25,383	26,967	23,430	25,154	19,547
Common Stock	7,683	8,114	7,607	7,958	7,530	7,347	6,832	7,239	3,476
Retained Earnings	19,516	21,927	20,449	20,958	17,846	19,594	16,509	17,969	16,019
Accumulated Other Comprehensive Income / (Loss)	209	130	154	-0.78	6.27	26	89	-54	52

No quarterly balance sheets for Canadian Natural Resources are available.

This table displays calculated financial ratios and metrics derived from Canadian Natural Resources' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-12.60%	-15.88%	28.42%	95.23%	-31.17%	12.15%	14.05%	74.70%	-15.86%	0.00%
EBITDA Growth	-18.38%	-17.86%	28.54%	166.90%	-48.55%	25.23%	4.10%	139.92%	-23.60%	0.00%
EBIT Growth	-26.66%	-21.65%	32.69%	6,227.01%	-102.72%	38.91%	22.57%	467.56%	-251.33%	0.00%
NOPAT Growth	-21.74%	-26.42%	45.99%	2,586.87%	-105.17%	72.95%	76.12%	323.13%	-394.62%	0.00%
Net Income Growth	-32.01%	-22.84%	34.74%	1,859.03%	-108.17%	119.84%	-0.33%	1,354.77%	67.04%	0.00%
EPS Growth	-30.14%	-22.84%	34.74%	1,845.95%	-108.15%	114.15%	31.42%	949.05%	67.24%	0.00%
Operating Cash Flow Growth	-18.34%	-16.17%	27.21%	94.11%	-32.66%	55.33%	-40.98%	278.33%	-35.27%	0.00%
Free Cash Flow Firm Growth	-59.48%	-62.51%	54.73%	1,278.40%	677.88%	-98.87%	172.97%	70.99%	0.00%	0.00%
Invested Capital Growth	8.31%	4.67%	-10.02%	-5.32%	-1.96%	12.00%	-9.72%	34.51%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	66.50%	65.78%	70.21%	67.36%	48.40%	63.38%	62.05%	56.84%	44.83%	53.49%
EBITDA Margin	61.12%	65.45%	67.02%	66.96%	48.98%	65.52%	58.68%	64.28%	46.81%	51.56%
Operating Margin	38.21%	39.92%	46.31%	42.05%	-3.65%	31.07%	29.93%	17.09%	-15.95%	-2.71%
EBIT Margin	34.39%	40.99%	44.00%	42.59%	-1.36%	34.28%	27.67%	25.75%	-12.24%	-2.93%
Profit (Net Income) Margin	24.43%	31.40%	34.24%	32.63%	-3.62%	30.51%	15.56%	17.81%	-2.48%	-6.33%
Tax Burden Percent	75.77%	80.99%	79.81%	77.33%	49.83%	109.28%	73.57%	83.43%	19.19%	95.50%
Interest Burden Percent	93.76%	94.60%	97.49%	99.08%	535.58%	81.45%	76.45%	82.89%	105.56%	226.10%
Effective Tax Rate	24.23%	19.01%	20.19%	22.67%	0.00%	-9.28%	26.43%	16.57%	0.00%	0.00%
Return on Invested Capital (ROIC)	12.94%	17.61%	23.20%	14.68%	-0.57%	11.51%	6.69%	4.15%	-4.36%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	5.13%	15.07%	16.09%	14.84%	-1.20%	8.40%	1.72%	6.78%	4.64%	0.00%
Return on Net Nonoperating Assets (RNNOA)	1.79%	3.75%	5.09%	7.41%	-0.73%	5.06%	1.12%	4.38%	2.81%	0.00%
Return on Equity (ROE)	14.73%	21.36%	28.30%	22.09%	-1.30%	16.56%	7.82%	8.52%	-1.55%	0.00%
Cash Return on Invested Capital (CROIC)	4.96%	13.05%	33.75%	20.15%	1.41%	0.19%	16.90%	-25.28%	-204.36%	0.00%
Operating Return on Assets (OROA)	10.22%	14.30%	17.87%	13.16%	-0.21%	8.33%	6.08%	5.38%	-1.72%	0.00%
Return on Assets (ROA)	7.26%	10.96%	13.90%	10.08%	-0.57%	7.41%	3.42%	3.72%	-0.35%	0.00%
Return on Common Equity (ROCE)	14.73%	21.36%	28.30%	22.09%	-1.30%	16.56%	7.82%	8.52%	-1.55%	0.00%
Return on Equity Simple (ROE_SIMPLE)	15.47%	20.67%	28.65%	20.74%	-1.34%	15.48%	8.10%	7.57%	-0.78%	0.00%
Net Operating Profit after Tax (NOPAT)	5,025	6,421	8,726	5,977	-240	4,645	2,686	1,525	-683	-138
NOPAT Margin	28.95%	32.33%	36.96%	32.52%	-2.55%	33.95%	22.02%	14.26%	-11.16%	-1.90%
Net Nonoperating Expense Percent (NNEP)	7.81%	2.54%	7.11%	-0.16%	0.63%	3.10%	4.97%	-2.63%	-9.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	12.41%	16.74%	23.80%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	33.50%	34.22%	29.79%	32.64%	51.60%	36.62%	37.95%	43.16%	55.17%	46.51%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	28.29%	25.86%	23.90%	25.31%	52.04%	32.31%	32.12%	39.75%	60.78%	56.21%
Earnings before Interest and Taxes (EBIT)	5,969	8,139	10,388	7,829	-128	4,690	3,376	2,754	-749	-213
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	10,608	12,997	15,822	12,309	4,612	8,964	7,158	6,876	2,866	3,751
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.38	2.26	2.07	1.52	0.94	1.11	0.93	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	2.38	2.26	2.07	1.52	0.94	1.11	0.93	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.76	3.43	2.47	2.39	2.54	2.19	1.79	0.00	0.00	0.00
Price to Earnings (P/E)	15.41	10.91	7.21	7.31	0.00	7.18	11.49	0.00	0.00	0.00
Dividend Yield	5.54%	7.37%	9.22%	5.39%	8.42%	6.02%	7.51%	4.31%	4.24%	6.20%
Earnings Yield	6.49%	9.16%	13.87%	13.68%	0.00%	13.93%	8.70%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.94	2.02	1.84	1.38	0.97	1.07	0.96	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	4.51	3.79	2.78	2.97	4.29	3.34	2.99	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	7.38	5.78	4.15	4.43	8.76	5.09	5.10	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	13.12	9.24	6.33	6.97	0.00	9.74	10.81	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	15.59	11.71	7.53	9.12	0.00	9.83	13.58	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.94	7.01	5.14	5.42	7.79	5.93	7.36	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	40.62	15.80	5.18	6.65	67.87	596.82	5.38	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.48	0.27	0.30	0.40	0.66	0.60	0.65	0.71	0.64	0.00
Long-Term Debt to Equity	0.42	0.25	0.29	0.37	0.62	0.53	0.61	0.65	0.57	0.00
Financial Leverage	0.35	0.25	0.32	0.50	0.61	0.60	0.65	0.65	0.60	0.00
Leverage Ratio	2.03	1.95	2.04	2.19	2.28	2.24	2.29	2.29	2.23	0.00
Compound Leverage Factor	1.90	1.84	1.98	2.17	12.20	1.82	1.75	1.90	2.36	0.00
Debt to Total Capital	32.29%	21.33%	23.07%	28.46%	39.85%	37.49%	39.21%	41.50%	39.02%	0.00%
Short-Term Debt to Total Capital	4.12%	1.94%	0.81%	1.94%	2.49%	4.27%	2.17%	3.47%	4.21%	0.00%
Long-Term Debt to Total Capital	28.17%	19.39%	22.25%	26.52%	37.36%	33.21%	37.04%	38.03%	34.81%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	67.71%	78.67%	76.93%	71.54%	60.15%	62.51%	60.79%	58.50%	60.98%	0.00%
Debt to EBITDA	1.23	0.63	0.53	0.93	3.65	1.80	2.11	2.60	4.36	0.00
Net Debt to EBITDA	1.22	0.55	0.47	0.87	3.56	1.75	2.05	2.48	4.12	0.00
Long-Term Debt to EBITDA	1.07	0.57	0.52	0.87	3.42	1.60	1.99	2.38	3.89	0.00
Debt to NOPAT	2.60	1.27	0.97	1.92	-69.97	3.48	5.63	11.70	-18.30	0.00
Net Debt to NOPAT	2.58	1.11	0.85	1.79	-68.38	3.38	5.46	11.17	-17.29	0.00
Long-Term Debt to NOPAT	2.27	1.16	0.94	1.79	-65.59	3.08	5.32	10.73	-16.33	0.00
Altman Z-Score	2.28	2.83	2.76	2.05	0.99	1.45	1.31	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.77	0.96	0.82	0.80	0.86	0.68	0.63	0.78	0.85	0.00
Quick Ratio	0.44	0.62	0.57	0.56	0.53	0.47	0.37	0.55	0.46	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,928	4,758	12,691	8,202	595	76	6,784	-9,297	-32,044	0.00
Operating Cash Flow to CapEx	234.33%	288.47%	337.11%	286.02%	258.20%	276.72%	152.22%	224.80%	78.51%	106.09%
Free Cash Flow to Firm to Interest Expense	4.69	9.88	31.28	14.74	1.00	0.12	12.53	-18.54	-112.43	0.00
Operating Cash Flow to Interest Expense	21.31	22.27	31.54	18.07	8.74	11.94	9.15	16.74	7.78	14.72
Operating Cash Flow Less CapEx to Interest Expense	12.21	14.55	22.18	11.76	5.36	7.63	3.14	9.29	-2.13	0.84
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.30	0.35	0.41	0.31	0.16	0.24	0.22	0.21	0.14	0.00
Accounts Receivable Turnover	6.57	7.88	9.33	8.86	5.21	9.98	8.88	7.20	5.74	0.00
Inventory Turnover	3.34	4.72	5.51	5.88	5.65	6.31	6.57	7.55	6.59	0.00
Fixed Asset Turnover	0.35	0.41	0.47	0.36	0.18	0.27	0.25	0.24	0.16	0.00
Accounts Payable Turnover	6.38	6.58	8.68	10.42	8.44	8.35	7.80	8.72	7.63	0.00
Days Sales Outstanding (DSO)	55.53	46.34	39.13	41.22	70.10	36.57	41.08	50.71	63.62	0.00
Days Inventory Outstanding (DIO)	109.25	77.40	66.25	62.13	64.56	57.84	55.59	48.36	55.41	0.00
Days Payable Outstanding (DPO)	57.24	55.46	42.03	35.02	43.26	43.71	46.78	41.85	47.85	0.00
Cash Conversion Cycle (CCC)	107.54	68.28	63.36	68.32	91.40	50.70	49.90	57.22	71.18	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	40,386	37,289	35,626	39,591	41,817	42,652	38,084	42,183	31,361	0.00
Invested Capital Turnover	0.45	0.54	0.63	0.45	0.22	0.34	0.30	0.29	0.39	0.00
Increase / (Decrease) in Invested Capital	3,097	1,663	-3,966	-2,225	-835	4,568	-4,099	10,822	31,361	0.00
Enterprise Value (EV)	78,313	75,179	65,704	54,529	40,389	45,656	36,477	0.00	0.00	0.00
Market Capitalization	65,335	68,062	58,289	43,852	23,955	29,970	21,823	0.00	0.00	0.00
Book Value per Share	$25.56	$27.36	$24.15	$24.42	$21.39	$22.44	$19.16	$20.57	$0.00	$0.00
Tangible Book Value per Share	$25.56	$27.36	$24.15	$24.42	$21.39	$22.44	$19.16	$20.57	$0.00	$0.00
Total Capital	40,477	38,351	36,669	40,416	42,200	43,137	38,542	43,001	32,053	0.00
Total Debt	13,069	8,180	8,458	11,500	16,817	16,170	15,112	17,847	12,506	0.00
Total Long-Term Debt	11,402	7,438	8,159	10,718	15,764	14,328	14,276	16,355	11,157	0.00
Net Debt	12,978	7,118	7,415	10,676	16,434	15,686	14,654	17,028	11,814	0.00
Capital Expenditures (CapEx)	3,738	3,718	3,795	3,516	2,007	2,781	3,254	3,733	2,826	3,231
Debt-free, Cash-free Net Working Capital (DFCFNWC)	30	-523	-1,922	-1,200	107	-299	-898	-411	94	0.00
Debt-free Net Working Capital (DFNWC)	121	539	-879	-376	491	186	-440	408	786	0.00
Net Working Capital (NWC)	-1,546	-203	-1,178	-1,158	-562	-1,657	-1,276	-1,084	-563	0.00
Net Nonoperating Expense (NNE)	784	185	643	-21	101	471	787	-380	-532	322
Net Nonoperating Obligations (NNO)	12,978	7,118	7,415	10,676	16,434	15,686	14,654	17,028	11,814	0.00
Total Depreciation and Amortization (D&A)	4,640	4,858	5,434	4,480	4,740	4,274	3,782	4,121	3,615	3,964
Debt-free, Cash-free Net Working Capital to Revenue	0.17%	-2.63%	-8.14%	-6.53%	1.14%	-2.19%	-7.36%	-3.84%	1.53%	0.00%
Debt-free Net Working Capital to Revenue	0.70%	2.72%	-3.73%	-2.04%	5.21%	1.36%	-3.61%	3.81%	12.84%	0.00%
Net Working Capital to Revenue	-8.91%	-1.02%	-4.99%	-6.30%	-5.97%	-12.11%	-10.46%	-10.13%	-9.19%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.99	$3.77	$4.82	$3.25	($0.19)	$1.75	$1.07	$1.02	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	2.10B	4.29B	2.21B	2.34B	2.37B	2.37B	2.40B	2.45B	0.00	0.00
Adjusted Diluted Earnings per Share	$1.98	$3.74	$4.76	$3.23	($0.19)	$1.75	$1.06	$1.02	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	2.10B	4.29B	2.21B	2.34B	2.37B	2.37B	2.40B	2.45B	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.10B	4.29B	2.21B	2.34B	2.37B	2.37B	2.40B	2.45B	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	5,025	6,421	8,726	5,977	-240	2,975	2,686	1,525	-683	-138
Normalized NOPAT Margin	28.95%	32.33%	36.96%	32.52%	-2.55%	21.75%	22.02%	14.26%	-11.16%	-1.90%
Pre Tax Income Margin	32.25%	38.77%	42.90%	42.20%	-7.27%	27.92%	21.16%	21.35%	-12.92%	-6.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	14.52	16.89	25.60	14.07	-0.22	7.28	6.23	5.49	-2.63	-0.92
NOPAT to Interest Expense	12.22	13.33	21.51	10.74	-0.41	7.21	4.96	3.04	-2.40	-0.59
EBIT Less CapEx to Interest Expense	5.43	9.18	16.25	7.75	-3.60	2.96	0.22	-1.95	-12.54	-14.79
NOPAT Less CapEx to Interest Expense	3.13	5.61	12.15	4.42	-3.79	2.89	-1.05	-4.40	-12.31	-14.47
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Canadian Natural Resources are available.

Frequently Asked Questions About Canadian Natural Resources' Financials

When does Canadian Natural Resources's fiscal year end?

According to the most recent income statement we have on file, Canadian Natural Resources' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Canadian Natural Resources' net income changed over the last 9 years?

Canadian Natural Resources' net income appears to be on an upward trend, with a most recent value of $4.24 billion in 2024, falling from -$460.58 million in 2015. The previous period was $6.24 billion in 2023. See where experts think Canadian Natural Resources is headed by visiting Canadian Natural Resources' forecast page.

What is Canadian Natural Resources's operating income?

Canadian Natural Resources's total operating income in 2024 was $6.63 billion, based on the following breakdown:

Total Gross Profit: $11.54 billion
Total Operating Expenses: $4.91 billion

How has Canadian Natural Resources revenue changed over the last 9 years?

Over the last 9 years, Canadian Natural Resources' total revenue changed from $7.28 billion in 2015 to $17.36 billion in 2024, a change of 138.5%.

How much debt does Canadian Natural Resources have?

Canadian Natural Resources' total liabilities were at $31.87 billion at the end of 2024, a 16.5% increase from 2023, and a 32.3% increase since 2016.

How much cash does Canadian Natural Resources have?

In the past 8 years, Canadian Natural Resources' cash and equivalents has ranged from $12.65 million in 2016 to $679.87 million in 2022, and is currently $90.97 million as of their latest financial filing in 2024.

How has Canadian Natural Resources' book value per share changed over the last 9 years?

Over the last 9 years, Canadian Natural Resources' book value per share changed from 0.00 in 2015 to 25.56 in 2024, a change of 2,555.8%.

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This page (NYSE:CNQ) was last updated on 5/28/2025 by MarketBeat.com Staff

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Canadian Natural Resources (CNQ) Financials

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Canadian Natural Resources (CNQ) Financials

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