Canadian Natural Resources
CNQ
Operating Margin for Canadian Natural Resources (CNQ)
Operating Margin as of April 2024 (TTM): 21.77%
According to Canadian Natural Resources's latest financial reports and stock price the company's current Operating Margin is 21.77%. At the end of 2022 the company had an Operating Margin of 27.67%.
Operating Margin history for Canadian Natural Resources from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 27.67% | -8.28% |
| 2021 | 30.17% | -704.41% |
| 2020 | -4.99% | -124.57% |
| 2019 | 20.32% | 28.53% |
| 2018 | 15.81% | -2.79% |
| 2017 | 16.26% | -269.76% |
| 2016 | -9.58% | 89.08% |
| 2015 | -5.07% | -120.9% |
| 2014 | 24.24% | 43.27% |
| 2013 | 16.92% | 5.02% |
| 2012 | 16.11% | -36.11% |
| 2011 | 25.21% | 25.48% |
| 2010 | 20.09% | 3.19% |
| 2009 | 19.47% | -56.68% |
| 2008 | 44.95% | 109.05% |
| 2007 | 21.50% | -31.49% |
| 2006 | 31.39% | 68.5% |
| 2005 | 18.63% | -34.9% |
| 2004 | 28.62% | -11.55% |
| 2003 | 32.36% | 26.21% |
| 2002 | 25.64% | -19.46% |
| 2001 | 31.83% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Occidental Petroleum OXY | 38.53% | 76.99% | 🇺🇸 USA |
 Imperial Oil
IMO | 16.57% | -23.89% | 🇨🇦 Canada |
 Suncor Energy
SU | 21.11% | -3.03% | 🇨🇦 Canada |
 Cenovus Energy
CVE | 8.29% | -61.92% | 🇨🇦 Canada |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.