Canadian Natural Resources
CNQ
#242
Rank
$71.12 B
Marketcap
$65.32
Share price
-1.43%
Change (1 day)
14.42%
Change (1 year)

Operating Margin for Canadian Natural Resources (CNQ)

Operating Margin as of February 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
202227.67%-8.28%
202130.17%-704.41%
2020-4.99%-124.57%
201920.32%28.53%
201815.81%-2.79%
201716.26%-269.76%
2016-9.58%89.08%
2015-5.07%-120.9%
201424.24%43.27%
201316.92%5.02%
201216.11%-36.11%
201125.21%25.48%
201020.09%3.19%
200919.47%-56.68%
200844.95%109.05%
200721.50%-31.49%
200631.39%68.5%
200518.63%-34.9%
200428.62%-11.55%
200332.36%26.21%
200225.64%-19.46%
200131.83%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
38.53% 76.99%๐Ÿ‡บ๐Ÿ‡ธ USA
16.57%-23.89%๐Ÿ‡จ๐Ÿ‡ฆ Canada
21.11%-3.03%๐Ÿ‡จ๐Ÿ‡ฆ Canada
8.29%-61.92%๐Ÿ‡จ๐Ÿ‡ฆ 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.