Canadian Natural Resources
CNQ
Operating Margin for Canadian Natural Resources (CNQ)
Operating Margin as of March 2025 (TTM): 22.96%
According to Canadian Natural Resources's latest financial reports and stock price the company's current Operating Margin is 22.96%. At the end of 2023 the company had an Operating Margin of 24.89%.
Operating Margin history for Canadian Natural Resources from 2001 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 24.89% | -10.03% |
| 2022 | 27.67% | -8.28% |
| 2021 | 30.17% | -704.41% |
| 2020 | -4.99% | -124.57% |
| 2019 | 20.32% | 28.53% |
| 2018 | 15.81% | 1.01% |
| 2017 | 15.65% | -276.68% |
| 2016 | -8.86% | 74.84% |
| 2015 | -5.07% | -120.9% |
| 2014 | 24.24% | 43.27% |
| 2013 | 16.92% | 5.02% |
| 2012 | 16.11% | -36.11% |
| 2011 | 25.21% | 26.22% |
| 2010 | 19.98% | 12.05% |
| 2009 | 17.83% | -60.34% |
| 2008 | 44.96% | 109.06% |
| 2007 | 21.50% | -31.49% |
| 2006 | 31.39% | 85.56% |
| 2005 | 16.92% | -35.24% |
| 2004 | 26.12% | -17.13% |
| 2003 | 31.52% | 42.64% |
| 2002 | 22.10% | -26.86% |
| 2001 | 30.21% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 | 6.94% | -69.77% | 🇨🇦 Canada |
 | 14.91% | -35.06% | 🇨🇦 Canada |
 | 15.22% | -33.71% | 🇺🇸 USA |
 | 12.77% | -44.38% | 🇨🇦 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.