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Canadian Natural Resources stock: growth
CNQCanadian Natural Resources reported $31B in revenue for fiscal 2025, up 23.9% on the prior year, up 20.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
7.3%
per year from 2006 to 2025, per share 7.4%
Earnings (Annual rate)
8%
per year from 2006 to 2025, per share 8.1%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 20.4% | 12.9% | 7.3% |
| Revenue per share | 23.2% | 13.4% | 7.4% |
| Earnings | no data | no data | 8.0% |
| Earnings per share | no data | no data | 8.1% |
| Free cash flow | 31.4% | 24.7% | no data |
| Free cash flow per share | 34.5% | 25.2% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $8.17B | $1.77B | −$2.17B |
| 2007 | $8.8B | $1.83B | −$453.06M |
| 2008 | $11.35B | $3.5B | −$467.82M |
| 2009 | $7.77B | $1.11B | $1.98B |
| 2010 | $10.05B | $1.17B | $666.03M |
| 2011 | $10.88B | $1.85B | $29.48M |
| 2012 | $11.37B | $1.33B | $73.69M |
| 2013 | $12.59B | $1.59B | $4.91M |
| 2014 | $14.95B | $2.76B | −$2.06B |
| 2015 | $9.24B | −$447.06M | $651.29M |
| 2016 | $7.79B | −$143.17M | −$246.34M |
| 2017 | $12.4B | $1.68B | $1.89B |
| 2018 | $15.64B | $1.82B | $4.17B |
| 2019 | $16.05B | $3.8B | $3.66B |
| 2020 | $12.28B | −$305.29M | $1.51B |
| 2021 | $23.06B | $5.38B | $5.54B |
| 2022 | $34.76B | $7.68B | $10.03B |
| 2023 | $28.66B | $5.78B | $5.22B |
| 2024 | $25.02B | $4.29B | $5.68B |
| 2025 | $31B | $7.59B | $5.91B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 24 Oct 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.