Financials in CAD. Standardized financial statements.
A compact view of how Canadian Natural Resources Limited turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $38.76B | $41.51B | $40.84B | $49.53B | $32.85B | $16.89B | $24.39B | $22.28B | $18.36B | $12.00B |
| Revenue Growth? | -6.6% | +1.7% | -17.6% | +50.8% | +94.5% | -30.7% | +9.5% | +21.4% | +53.0% | 0.0% |
| Cost of Revenue? | $29.74B | $30.61B | $29.06B | $33.27B | $22.28B | $17.03B | $18.05B | $17.07B | $15.41B | $12.44B |
| Gross Profit? | $9.02B | $10.90B | $11.77B | $16.26B | $10.58B | -$136.00M | $6.35B | $5.21B | $2.95B | -$437.00M |
| Gross Margin? | +23.3% | +26.3% | +28.8% | +32.8% | +32.2% | -0.8% | +26.0% | +23.4% | +16.1% | -3.6% |
| Operating Expenses? | $795.00M | $1.17B | $1.31B | $1.50B | $1.06B | $309.00M | $757.00M | $365.00M | $617.00M | $842.00M |
| Operating Income? | $8.23B | $9.73B | $10.46B | $14.76B | $9.51B | -$445.00M | $5.59B | $4.85B | $2.33B | -$1.28B |
| EBITDA? | $17.99B | $15.41B | $17.27B | $21.73B | $16.38B | $6.13B | $11.41B | $9.48B | $8.79B | $4.23B |
| Income Before Tax | $13.24B | $8.06B | $10.16B | $13.70B | $9.91B | -$873.00M | $4.96B | $3.52B | $2.87B | -$1.06B |
| Income Tax Expense | $2.42B | $1.95B | $1.93B | $2.77B | $2.25B | -$438.00M | -$460.00M | $931.00M | $476.00M | -$859.00M |
| Net Income? | $10.82B | $6.11B | $8.23B | $10.94B | $7.66B | -$435.00M | $5.42B | $2.59B | $2.40B | -$204.00M |
| EPS? | $5.17 | $2.87 | $3.77 | $4.82 | $3.24 | $-0.18 | $2.27 | $1.06 | $1.02 | $-0.10 |
| Diluted EPS? | $5.16 | $2.85 | $3.74 | $4.82 | $3.24 | $-0.18 | $2.27 | $1.06 | $1.02 | $-0.10 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality