Canadian Natural ResourcesFRA:CRC -1.66%78 FCF Margin % is 21.61% as of Dec. 2025, which is 13% above its 10-year median of 19.06. 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 905 Oil & Gas companies, Canadian Natural Resources ranks better than 76.57% on this metric.
* 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.
For the Oil & Gas E&P subindustry, Canadian Natural Resources's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Canadian Natural Resources's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Canadian Natural Resources's FCF Margin % falls into.
* 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 (FRA:CRC) has a FCF Margin % of 21.61% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Canadian Natural Resources and its competitors. This is 13% above median its historical median of 19.06. According to the industry distribution chart, Canadian Natural Resources ranks #212 out of 905 companies in the Oil & Gas industry, placing it in the top 23.4%.
Is Canadian Natural Resources' FCF Margin % too high?
Canadian Natural Resources' current FCF Margin % of 21.61% is 13% above median its 10-year median of 19.06. The Oil & Gas industry median FCF Margin % is 3.31. Canadian Natural Resources' value of 21.61% is 552.9% above this industry median. Based on the distribution chart, Canadian Natural Resources ranks #212 out of 905 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' FCF Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canadian Natural Resources ranks #212 out of 905 companies for FCF Margin %. This places Canadian Natural Resources in the top 23% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.31. Canadian Natural Resources' value of 21.61% is 552.9% above this benchmark. While the company's 10-year median is 19.06 vs. the industry median of 3.31, 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 FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.31, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Natural Resources's current FCF Margin % of 21.61% is 552.9% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Canadian Natural Resources and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Natural Resources's current FCF Margin % is 21.61%, which is 13% above median its own 10-year median of 19.06. 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 FCF Margin % is 21.61%, which is 13% above median its 10-year median of 19.06 and 552.9% above the Oil & Gas industry median of 3.31. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Canadian Natural Resources (FRA:CRC), the current FCF Margin % is 21.61% 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:
FCF Margin %: 21.61% (13% above median its 10-year median of 19.06)
GF Value™: €29.55 vs. price of €35.86 (21.3% above fair value)
Industry Position: 552.9% above the Oil & Gas median (#212 of 905)
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 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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