Canadian Natural Resources
CNQ
#261
Rank
A$111.81 B
Marketcap
$52.84
Share price
2.13%
Change (1 day)
3.79%
Change (1 year)

Operating Margin for Canadian Natural Resources (CNQ)

Operating Margin as of November 2024 (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 2022 the company had an Operating Margin of 27.67%.

Operating Margin history for Canadian Natural Resources from 2001 to 2024

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%1.01%
201715.65%-276.68%
2016-8.86%74.84%
2015-5.07%-120.9%
201424.24%43.27%
201316.92%5.02%
201216.11%-36.11%
201125.21%26.22%
201019.98%12.05%
200917.83%-60.34%
200844.96%109.06%
200721.50%-31.49%
200631.39%85.56%
200516.92%-35.24%
200426.12%-17.13%
200331.52%42.64%
200222.10%-26.86%
200130.21%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.34%-63.68%๐Ÿ‡จ๐Ÿ‡ฆ Canada
19.57%-14.76%๐Ÿ‡จ๐Ÿ‡ฆ Canada
22.75%-0.91%๐Ÿ‡บ๐Ÿ‡ธ USA
13.18%-42.60%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.