Canadian Natural Resources (FRA:CRC) EBITDA Margin %: 89.93% (As of Dec. 2025) — 108% Above Median


FRA:CRC Canadian Natural Resources Ltd FRA:CRC
78 GF Score
Price €35.86
GF Value €29.55
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Canadian Natural Resources EBITDA Margin %?

Canadian Natural Resources FRA:CRC -1.66% 78 EBITDA Margin % is 89.93% as of Dec. 2025, which is 108% above its 10-year median of 43.21. GuruFocus rates FRA:CRC with a GF Score™ of 78/100 and a GF Value™ of €29.55 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 916 Oil & Gas companies, Canadian Natural Resources ranks better than 83.41% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Canadian Natural Resources's EBITDA for the three months ended in Dec. 2025 was €5,962 Mil. Canadian Natural Resources's Revenue for the three months ended in Dec. 2025 was €6,630 Mil. Therefore, Canadian Natural Resources's EBITDA margin for the quarter that ended in Dec. 2025 was 89.93%.


Canadian Natural Resources  (FRA:CRC) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Canadian Natural Resources EBITDA Margin % Related Terms


Canadian Natural Resources EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Canadian Natural Resources's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canadian Natural Resources EBITDA Margin % Chart

Canadian Natural Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.85 43.87 42.29 37.13 49.56

Canadian Natural Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.10 49.74 34.25 89.93 0.00

FRA:CRC vs COP, EOG, OXY: EBITDA Margin % Comparison

For the Oil & Gas E&P subindustry, Canadian Natural Resources's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Natural Resources EBITDA Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canadian Natural Resources's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Canadian Natural Resources's EBITDA Margin % falls into.


FRA:CRC
78GF Score
Canadian Natural Resources Ltd FRA:CRC
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Natural Resources EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Canadian Natural Resources's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=13549.473/27342.238
=49.56 %

Canadian Natural Resources's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=5962.214/6630.185
=89.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 89.93% mean?
Canadian Natural Resources (FRA:CRC) has a EBITDA Margin % of 89.93% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Canadian Natural Resources and its competitors. This is 108% above median its historical median of 43.21. Over the past decade, Canadian Natural Resources' EBITDA Margin % has ranged from 34.31 to 53.11. According to the industry distribution chart, Canadian Natural Resources ranks #152 out of 916 companies in the Oil & Gas industry, placing it in the top 16.6%.
Is Canadian Natural Resources' EBITDA Margin % too high?
Canadian Natural Resources' current EBITDA Margin % of 89.93% is 108% above median its 10-year median of 43.21. Over the past 10 years, this metric has ranged from a low of 34.31 to a high of 53.11. The Oil & Gas industry median EBITDA Margin % is 13.80. Canadian Natural Resources' value of 89.93% is 551.7% above this industry median. Based on the distribution chart, Canadian Natural Resources ranks #152 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Natural Resources has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Natural Resources' EBITDA Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canadian Natural Resources ranks #152 out of 916 companies for EBITDA Margin %. This places Canadian Natural Resources in the top 17% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 13.80. Canadian Natural Resources' value of 89.93% is 551.7% above this benchmark. Historically, Canadian Natural Resources' own EBITDA Margin % has ranged from 34.31 to 53.11 over the past decade. While the company's 10-year median is 43.21 vs. the industry median of 13.80, Canadian Natural Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Natural Resources's current EBITDA Margin % of 89.93% is 551.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Canadian Natural Resources and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Natural Resources's current EBITDA Margin % is 89.93%, which is 108% above median its own 10-year median of 43.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Natural Resources stock overvalued right now?
Based on GuruFocus' analysis, Canadian Natural Resources (FRA:CRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €29.55, compared to a current price of €35.86 — trading 21.3% above its estimated fair value. The current EBITDA Margin % is 89.93%, which is 108% above median its 10-year median of 43.21 and 551.7% above the Oil & Gas industry median of 13.80. Canadian Natural Resources' overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Canadian Natural Resources (FRA:CRC), the current EBITDA Margin % is 89.93% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Natural Resources (FRA:CRC) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Natural Resources stock appears to be overvalued. The current stock price of €35.86 is trading 21.3% above its estimated GF Value™ of €29.55. GuruFocus considers Canadian Natural Resources to be Modestly Overvalued.

Key valuation signals for FRA:CRC:

  • EBITDA Margin %: 89.93% (108% above median its 10-year median of 43.21)
  • GF Value™: €29.55 vs. price of €35.86 (21.3% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 551.7% above the Oil & Gas median (#152 of 916)

No single metric tells the full story. See the FRA:CRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Natural Resources Business Description

Industry EnergyOil & Gas
Address 855 - 2 Street S.W, Suite 2100, Calgary, AB, CAN, T2P 4J8
Canadian Natural Resources is the largest producer of oil and the second-largest producer of natural gas in Canada. It is principally involved in extracting heavy oils, natural gas, and bitumen through its drilling and mining operations. Bitumen from mining operations is upgraded into synthetic crude oil. Commodities produced are primarily exported to the US via pipeline. The company also has smaller offshore production operations in the North Sea and Africa.
78GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€35.86
Price
€29.55
GF Value