NYSE · CNQ
Canadian Natural Resources Limited financials
$47.17−0.80%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32.18B | $28.92B | $30.82B | $36.50B | $25.99B | $13.74B | $18.76B | $16.43B | $14.60B | $8.94B |
| Gross profit | $32.18B | $28.92B | $30.82B | $36.50B | $25.99B | $13.74B | $18.76B | $16.43B | $14.60B | $8.94B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $5.99B | $6.78B | $7.90B | $10.88B | $7.53B | -$349.6M | $4.30B | $3.57B | $1.86B | -$952.5M |
| Net income | $7.88B | $4.25B | $6.21B | $8.06B | $6.06B | -$341.7M | $4.16B | $1.91B | $1.91B | -$151.9M |
| Net margin | 24.5% | 14.7% | 20.2% | 22.1% | 23.3% | −2.5% | 22.2% | 11.6% | 13.1% | −1.7% |
| Diluted EPS | $3.76 | $1.99 | $2.82 | $3.51 | $5.11 | $-0.29 | $3.49 | $1.56 | $1.61 | $-0.14 |
| EBITDA | $12.83B | $11.43B | $12.74B | $16.30B | $12.05B | $4.40B | $8.56B | $7.38B | $5.98B | $2.67B |
| Operating cash flow | $11.01B | $9.33B | $9.32B | $14.29B | $11.45B | $3.70B | $6.79B | $7.46B | $5.77B | $2.57B |
| Free cash flow | $6.06B | $5.58B | $5.62B | $10.51B | $7.90B | $1.69B | $4.01B | $4.19B | $2.04B | -$256.9M |
| Diluted shares | 2,097.9M | 2,140.4M | 2,204.2M | 2,298.4M | 1,186.6M | 1,181.8M | 1,193.1M | 1,223.8M | 1,182.8M | 1,100.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $490.3M | $91.3M | $661.9M | $678.0M | $588.6M | $144.5M |
| Short-term investments | $0.00 | $0.00 | $396.2M | $361.8M | $244.5M | $239.6M |
| Total debt | $12.11B | $13.11B | $8.15B | $8.43B | $11.63B | $16.85B |
| Total assets | $66.90B | $59.48B | $57.32B | $56.11B | $60.66B | $59.13B |
| Total liabilities | $34.58B | $31.98B | $27.26B | $27.98B | $31.43B | $33.70B |
| Shareholders' equity | $32.32B | $27.50B | $30.06B | $28.13B | $29.23B | $25.44B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology