What is the current annual gross margin of CNQ?

As of today, CNQ annual gross margin is 23.27%

What is 1-year change in CNQ annual gross margin?

CNQ annual gross margin is down -21.04% year-over-year

What is 3-year change in CNQ annual gross margin?

CNQ annual gross margin is down -38.41% over the past 3 years

How far is CNQ annual gross margin from its all-time high?

CNQ annual gross margin is currently -58.92% below its historical high of 56.65% set on December 31, 2000

How does CNQ annual gross margin rank versus sector peers?

CNQ annual gross margin is higher than 49.18% of companies in Energy sector

When is CNQ next annual earnings release?

As of today, the next annual earnings release for CNQ has not been scheduled

What is the current quarterly gross margin of CNQ?

As of today, CNQ quarterly gross margin is 42.83%

What is CNQ quarterly gross margin most recent change?

CNQ quarterly gross margin was up +33.47% on June 1, 2026

What is 1-year change in CNQ quarterly gross margin?

CNQ quarterly gross margin is up +67.89% year-over-year

How far is CNQ quarterly gross margin from its all-time high?

CNQ quarterly gross margin is currently -64.99% below its historical high of 122.35% set on December 31, 1997

How does CNQ quarterly gross margin rank versus sector peers?

CNQ quarterly gross margin is higher than 68.94% of companies in Energy sector

When is CNQ next earnings release?

As of today, the next earnings release for CNQ has not been scheduled

CNQ Gross Margin History & Chart Since 1987

Annual Gross Margin

23.27%6.20%-21.04%

December 1, 2025

Summary

Current Value: As of today, CNQ annual gross margin is 23.27%, down -21.04% on December 1, 2025
Historical Performance: CNQ annual gross margin is down -38.41% over the past 3 years, up +2972.84% over the past 5 years
All-Time High Comparison: CNQ annual gross margin is currently -58.92% below its historical high of 56.65% set on December 31, 2000
3-Year Low Comparison: CNQ annual gross margin is at its 3-year low
Sector Comparison: CNQ annual gross margin is higher than 49.18% of companies in Energy sector

Gross Margin Chart

beforeafter

Performance

CNQ Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 1, 25	23.27%	-21.0%	-38.4%	+2972.8%	-15.4%
Quarterly Gross Margin	Jun 1, 26	42.83%	+67.9%	+81.6%	+52.2%	+52.9%
Price	Aug 20, 26	$51.03	+69.2%	+66.2%	+238.1%	+211.7%
PE Ratio	Aug 20, 26	12.59	+17.8%	+4.2%	+13.5%	-55.8%
Annual Revenue	Dec 1, 25	$27.74B	+6.6%	-14.6%	+120.3%	+121.5%
Annual Gross Profit	Dec 1, 25	$6.46B	-15.8%	-47.4%	+6467.3%	+87.4%
Annual Operating Margin	Dec 1, 25	21.22%	-22.2%	-39.2%	+906.8%	-12.7%
Annual Net Margin	Dec 1, 25	27.91%	+63.0%	+7.9%	+1181.8%	+115.2%

Gross Margin Highs

CNQ Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	37.78%	N/A	-38.4%
5Y	37.78%	Dec 31, 22	-38.4%
All	56.65%	Dec 31, 00	-58.9%

Gross Margin Lows

CNQ Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	23.27%	Dec 1, 25	at low
5Y	-0.81%	N/A	+2972.8%
All	-5.50%	Dec 31, 16	+523.1%

Gross Margin History

Year	Value	Change
2025	23.27%	-21.0%
2024	29.47%	-7.1%
2023	31.71%	-16.1%
2022	37.78%	+9.3%
2021	34.57%	+4,367.9%
2020	-0.81%	-103.0%
2019	26.93%	+12.6%
2018	23.91%	+48.7%
2017	16.08%	+392.4%
2016	-5.50%	-70.8%
2015	-3.22%	-111.5%
2014	28.06%	+24.7%
2013	22.50%	+5.6%
2012	21.31%	-27.6%
2011	29.44%	+7.0%
2010	27.51%	-7.9%
2009	29.86%	-39.7%
2008	49.56%	+23.8%
2007	40.04%	-8.4%
2006	43.73%	-9.6%

Year	Value	Change
2005	48.40%	+3.2%
2004	46.91%	+15.9%
2003	40.47%	+14.2%
2002	35.45%	-21.5%
2001	45.18%	-20.2%
2000	56.65%	+34.6%
1999	42.09%	+44.5%
1998	29.12%	-18.4%
1997	35.68%	-13.7%
1996	41.33%	+2.4%
1995	40.38%	-20.8%
1994	50.98%	-0.7%
1993	51.34%	+35.4%
1992	37.93%	-11.5%
1991	42.87%	-14.7%
1990	50.25%	-6.8%
1989	53.94%	+0.3%
1988	53.80%	-4.7%
1987	56.47%	-

FAQ

What is the current annual gross margin of CNQ?: As of today, CNQ annual gross margin is 23.27%
What is 1-year change in CNQ annual gross margin?: CNQ annual gross margin is down -21.04% year-over-year
What is 3-year change in CNQ annual gross margin?: CNQ annual gross margin is down -38.41% over the past 3 years
How far is CNQ annual gross margin from its all-time high?: CNQ annual gross margin is currently -58.92% below its historical high of 56.65% set on December 31, 2000
How does CNQ annual gross margin rank versus sector peers?: CNQ annual gross margin is higher than 49.18% of companies in Energy sector
When is CNQ next annual earnings release?: As of today, the next annual earnings release for CNQ has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

42.83%10.74%+33.47%

June 1, 2026

Summary

Current Value: As of today, CNQ quarterly gross margin is 42.83%, up +33.47% on June 1, 2026
Historical Performance: CNQ quarterly gross margin is up +67.89% year-over-year, up +81.56% over the past 3 years
All-Time High Comparison: CNQ quarterly gross margin is currently -64.99% below its historical high of 122.35% set on December 31, 1997
3-Year Low Comparison: CNQ quarterly gross margin is +213.77% above its 3-year low of 13.65% reached on September 1, 2025
Sector Comparison: CNQ quarterly gross margin is higher than 68.94% of companies in Energy sector

Performance

CNQ Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 1, 26	42.83%	+33.5%	+67.9%	+81.6%	+52.2%
Annual Gross Margin	Dec 1, 25	23.27%	–	-21.0%	-38.4%	+2972.8%
Price	Aug 20, 26	$51.03	+4.8%	+69.2%	+66.2%	+238.1%
PE Ratio	Aug 20, 26	12.59	-13.5%	+17.8%	+4.2%	+13.5%
Quarterly Revenue	Jun 1, 26	$10.65B	+35.1%	+69.5%	+81.3%	+100.4%
Quarterly Gross Profit	Jun 1, 26	$4.56B	+80.3%	+184.6%	+229.2%	+205.0%
Quarterly Operating Margin	Jun 1, 26	43.08%	+74.3%	+81.9%	+103.3%	+74.3%
Quarterly Net Margin	Jun 1, 26	30.55%	+145.0%	+8.1%	+64.8%	+28.5%

Quarterly Gross Margin Highs

CNQ Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	42.83%	Jun 1, 26	at high
3Y	42.83%	Jun 1, 26	at high
5Y	44.31%	Jun 30, 22	-3.3%
All	122.35%	Dec 31, 97	-65.0%

Quarterly Gross Margin Lows

CNQ Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	13.65%	Sep 1, 25	+213.8%
3Y	13.65%	Sep 1, 25	+213.8%
5Y	13.65%	Sep 1, 25	+213.8%
All	-27.96%	Mar 31, 16	+253.2%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	42.83%	+33.5%
Mar 2026	32.09%	+51.4%
Dec 2025	21.20%	+55.3%
Sep 2025	13.65%	-46.5%
Jun 2025	25.51%	-19.5%
Mar 2025	31.68%	+8.6%
Dec 2024	29.16%	-10.7%
Sep 2024	32.65%	+10.6%
Jun 2024	29.51%	+11.9%
Mar 2024	26.36%	-15.9%
Dec 2023	31.36%	-21.0%
Sep 2023	39.70%	+68.3%
Jun 2023	23.59%	-22.4%
Mar 2023	30.38%	+87.8%
Dec 2022	16.18%	-63.3%
Sep 2022	44.09%	-0.5%
Jun 2022	44.31%	+0.3%
Mar 2022	44.17%	+8.2%
Dec 2021	40.81%	+6.9%
Sep 2021	38.18%	+35.7%
Jun 2021	28.14%	+0.4%
Mar 2021	28.03%	+249.1%
Dec 2020	8.03%	-18.6%
Sep 2020	9.86%	+137.7%
Jun 2020	-26.16%	-407.0%
Mar 2020	-5.16%	-124.6%
Dec 2019	20.96%	-31.0%
Sep 2019	30.36%	+0.5%
Jun 2019	30.21%	+15.6%
Mar 2019	26.14%	+694.1%
Dec 2018	-4.40%	-113.4%
Sep 2018	32.72%	+4.1%
Jun 2018	31.43%	+23.9%
Mar 2018	25.37%	+42.4%
Dec 2017	17.82%	+15.2%
Sep 2017	15.47%	-0.3%
Jun 2017	15.52%	+3.7%
Mar 2017	14.97%	-1.2%
Dec 2016	15.15%	+199.7%
Sep 2016	-15.20%	-178.9%
Jun 2016	-5.45%	+80.5%
Mar 2016	-27.96%	-87.8%
Dec 2015	-14.89%	-3,717.9%
Sep 2015	-0.39%	-104.7%
Jun 2015	8.24%	+199.2%
Mar 2015	-8.31%	-147.2%
Dec 2014	17.59%	-41.8%
Sep 2014	30.20%	-9.9%
Jun 2014	33.53%	+13.5%
Mar 2014	29.53%	+48.3%
Dec 2013	19.91%	-39.4%
Sep 2013	32.84%	+68.8%
Jun 2013	19.45%	+25.7%
Mar 2013	15.47%	-10.4%
Dec 2012	17.27%	-20.2%
Sep 2012	21.63%	-12.4%
Jun 2012	24.70%	+14.6%
Mar 2012	21.55%	-42.1%
Dec 2011	37.25%	+28.7%
Sep 2011	28.94%	+3.3%
Jun 2011	28.02%	+37.2%
Mar 2011	20.43%	+44.7%
Dec 2010	14.12%	-53.2%

Month	Value	Change
Sep 2010	30.15%	-4.6%
Jun 2010	31.61%	-9.1%
Mar 2010	34.77%	+5.0%
Dec 2009	33.12%	+2.8%
Sep 2009	32.21%	+3.2%
Jun 2009	31.21%	+46.6%
Mar 2009	21.29%	-28.9%
Dec 2008	29.96%	-45.9%
Sep 2008	55.43%	-0.1%
Jun 2008	55.49%	+11.0%
Mar 2008	49.97%	+21.0%
Dec 2007	41.30%	+1.3%
Sep 2007	40.78%	+1.6%
Jun 2007	40.13%	-0.8%
Mar 2007	40.44%	+46.4%
Dec 2006	27.62%	-41.3%
Sep 2006	47.07%	-0.6%
Jun 2006	47.35%	-16.3%
Mar 2006	56.59%	-5.0%
Dec 2005	59.59%	+1.6%
Sep 2005	58.65%	+21.4%
Jun 2005	48.33%	+6.6%
Mar 2005	45.33%	+3.7%
Dec 2004	43.70%	-12.0%
Sep 2004	49.64%	+2.3%
Jun 2004	48.53%	+6.7%
Mar 2004	45.49%	+45.4%
Dec 2003	31.29%	-21.7%
Sep 2003	39.97%	-3.7%
Jun 2003	41.51%	-16.1%
Mar 2003	49.48%	+22.1%
Dec 2002	40.52%	+22.1%
Sep 2002	33.19%	-1.3%
Jun 2002	33.64%	+4.5%
Mar 2002	32.19%	+23.0%
Dec 2001	26.18%	-36.0%
Sep 2001	40.92%	-18.8%
Jun 2001	50.40%	-10.1%
Mar 2001	56.09%	>+9,900.0%
Sep 1999	0.00%	-100.0%
Jun 1999	79.75%	+27.2%
Mar 1999	62.69%	-20.0%
Dec 1998	78.32%	+2.1%
Sep 1998	76.71%	+2.0%
Jun 1998	75.18%	+31.1%
Mar 1998	57.34%	-53.1%
Dec 1997	122.35%	+60.1%
Sep 1997	76.40%	+0.7%
Jun 1997	75.84%	+20.5%
Mar 1997	62.92%	-22.0%
Dec 1996	80.71%	+2.8%
Sep 1996	78.53%	-1.2%
Jun 1996	79.45%	+0.1%
Mar 1996	79.35%	+2.9%
Dec 1995	77.08%	+1.4%
Sep 1995	76.04%	-2.0%
Jun 1995	77.58%	-1.3%
Mar 1995	78.63%	+0.2%
Dec 1994	78.48%	-0.8%
Sep 1994	79.12%	-1.7%
Jun 1994	80.49%	-3.1%
Mar 1994	83.04%	-

FAQ

What is the current quarterly gross margin of CNQ?: As of today, CNQ quarterly gross margin is 42.83%
What is CNQ quarterly gross margin most recent change?: CNQ quarterly gross margin was up +33.47% on June 1, 2026
What is 1-year change in CNQ quarterly gross margin?: CNQ quarterly gross margin is up +67.89% year-over-year
How far is CNQ quarterly gross margin from its all-time high?: CNQ quarterly gross margin is currently -64.99% below its historical high of 122.35% set on December 31, 1997
How does CNQ quarterly gross margin rank versus sector peers?: CNQ quarterly gross margin is higher than 68.94% of companies in Energy sector
When is CNQ next earnings release?: As of today, the next earnings release for CNQ has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

CNQ Official Website www.cnrl.com
CNQ Profile on Yahoo Finance finance.yahoo.com/quote/CNQ
CNQ Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cnq