Canadian Natural Resources annual asset turnover
2017
2018
2018
2019
2020
2021
2022
2023
2024
Canadian Natural Resources Asset Turnover Growth & History (CNQ)
Canadian Natural Resources's asset turnover was 0.44 for fiscal 2024.
View full Canadian Natural Resources company overviewCanadian Natural Resources annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2024 · Dec 31 | 2025-12-31 | 0.44 | −0.00 | −1.03% |
| 2023 · Dec 31 | 2024-12-31 | 0.44 | −0.03 | −6.53% |
| 2022 · Dec 31 | 2023-12-31 | 0.47 | −0.08 | −14.57% |
| 2021 · Dec 31 | 2022-12-31 | 0.55 | 0.16 | +39.93% |
| 2020 · Dec 31 | 2021-12-31 | 0.40 | 0.18 | +79.63% |
| 2019 · Dec 31 | 2020-12-31 | 0.22 | −0.09 | −27.93% |
| 2018 · Dec 31 | 2019-12-31 | 0.31 | 0.02 | +5.68% |
| 2018 · Dec 31 | 2018-12-31 | 0.29 | 0.03 | +10.48% |
| 2017 | 2017-12-31 | 0.26 | — | — |
Canadian Natural Resources quarterly asset turnover
Q1.26
Q2.26
| Fiscal quarter | Period ended | Asset turnover | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.57 | — | — |
| Q1 2026 | 2026-03-31 | 0.49 | — | — |
Canadian Natural Resources asset turnover trends
Over the last five fiscal years, Canadian Natural Resources's asset turnover increased from 0.22 to 0.44, a change of 0.22. The latest reported quarter, Q2 2026, shows 0.57.
About the metric
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
Calculation and source
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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