Canadian Natural Resources Limited

Canadian Natural Resources Limited

75.52
CAD
-0.70
(-0.92%)
5.62EPS
9.94P/E
116.02BMarket Cap
Nov 05Next Earn

Total Valuation

CAD

As of June 30, 2026, Canadian Natural Resources Limited carries a market capitalization of 116.02B, placing it among publicly traded companies globally. Its enterprise value stands at 130.55B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap116.02B
Enterprise Value130.55B

Important Dates

Canadian Natural Resources Limited's next confirmed earnings release is scheduled for November 5, 2026.

Earnings Date11/5/2026

Share Statistics

As of June 30, 2026, Canadian Natural Resources Limited has 2.07B shares outstanding.

Shares Outstanding2.07B

Valuation Ratios

As of June 30, 2026, Canadian Natural Resources Limited trades at a trailing price-to-earnings ratio of 9.94. The price-to-sales ratio is 2.27, and the price-to-book ratio stands at 2.48.

PE Ratio9.94
PS Ratio2.27
PB Ratio2.48
P/TBV Ratio2.48
P/FCF Ratio6.59
P/OCF Ratio6.56

Enterprise Valuation

As of June 30, 2026, Canadian Natural Resources Limited trades at an EV/EBITDA multiple of 4.94 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.54 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 7.73 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Canadian Natural Resources Limited trades at an EV/FCF ratio of 7.05, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 130.55B versus a market cap of 116.02B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.54
EV / EBITDA4.94
EV / EBIT7.73
EV / FCF7.05

Financial Position

As of June 30, 2026, Canadian Natural Resources Limited maintains a current ratio of 1.00, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 36.64, indicating elevated leverage, while an interest coverage ratio of 29.55 demonstrates strong ability to service its debt obligations.

Current Ratio1.00
Quick Ratio0.70
Debt / Equity36.64
Debt / EBITDA0.65
Interest Coverage29.55

Financial Efficiency

CAD

Over the twelve months ended June 30, 2026, Canadian Natural Resources Limited posted a return on equity (ROE) of 26.69, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 21.46 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 12.93, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 20.37, useful for judging operating efficiency across full business cycles. The company generates approximately 4.79M in revenue per employee across its workforce of 10,722.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 13.88 indicates how many times Canadian Natural Resources Limited sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)26.69
Return on Assets (ROA)12.93
Return on Invested Capital (ROIC)21.46
Return on Capital Employed (ROCE)20.37
Revenue Per Employee4.79M
Employee Count10,722.50
Inventory Turnover13.88

Taxes

CAD

Over the twelve months ended June 30, 2026, Canadian Natural Resources Limited recorded 3.20B in income tax expense. That works out to an effective tax rate of 21.39, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 14.95B, leaving 11.75B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax3.20B
Effective Tax Rate21.39

Stock Price Statistics

CAD

As of the close on October 22, 2026, Canadian Natural Resources Limited's stock has gained approximately 77.95% over the past 52 weeks. The 50-day moving average sits at 70.01, while the 200-day moving average is 62.72.

52-Week Price Change77.95%
50-Day Moving Average70.01
200-Day Moving Average62.72

Income Statement

CAD

Over the twelve months ended June 30, 2026, Canadian Natural Resources Limited generated 51.40B in revenue and converted that into 11.75B in net income, yielding earnings per share of 5.62. EBITDA reached 26.42B, while operating income came in at 11.90B.

Revenue51.40B
Gross Profit13.51B
Operating Income11.90B
Pretax Income14.95B
Net Income11.75B
EBITDA26.42B
EBIT16.89B
Earnings Per Share (EPS)5.62

Balance Sheet

CAD

As of June 30, 2026, Canadian Natural Resources Limited holds 2.62B in cash and equivalents against 17.14B in total debt, resulting in a net debt position of 14.53B. Total book value stands at 46.80B, with working capital of 8.00M providing operational flexibility.

Cash & Cash Equivalents2.62B
Total Debt17.14B
Net Debt14.53B
Equity (Book Value)46.80B
Book Value Per Share22.62
Working Capital8.00M

Cash Flow

CAD

Canadian Natural Resources Limited produced 17.81B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow17.81B
Free Cash Flow17.81B
FCF Per Share8.55

Margins

Over the twelve months ended June 30, 2026, Canadian Natural Resources Limited posted a gross margin of 26.29, reflecting its pricing power and cost economics. The operating margin of 23.15 and net profit margin of 22.87 provide insight into operational efficiency.

Gross Margin26.29
Operating Margin23.15
Pretax Margin29.09
Profit Margin22.87
EBITDA Margin51.40

Dividends & Yields

CAD

Over the twelve months ended June 30, 2026, Canadian Natural Resources Limited paid dividends of 2.39 per share. The dividend payout ratio of 42.39 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 15.18, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 6.46, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Canadian Natural Resources Limited shareholders.

Dividend Per Share2.39
Payout Ratio42.39
Shareholder Yield6.46
FCF Yield15.18

Stock Splits

Canadian Natural Resources Limited's most recent stock split took place on June 11, 2024 with a 1:2 split ratio.

Last Split Date6/11/2024
Split Ratio1:2

Scores

As of June 30, 2026, Canadian Natural Resources Limited has an Altman Z-Score of 2.84, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.84