Canadian Natural Resources (FRA:CRC) Tax Rate %: 22.56% (As of Dec. 2025)

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FRA:CRC Canadian Natural Resources Ltd FRA:CRC
81 GF Score
Price €39.90
GF Value €29.73
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Canadian Natural Resources Tax Rate %?

Canadian Natural Resources FRA:CRC +4.55% 81 Tax Rate % is 22.56% as of Dec. 2025. GuruFocus rates FRA:CRC with a GF Score™ of 81/100 and a GF Value™ of €29.73 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canadian Natural Resources's Tax Expense for the three months ended in Dec. 2025 was €956 Mil. Canadian Natural Resources's Pre-Tax Income for the three months ended in Dec. 2025 was €4,239 Mil. Therefore, Canadian Natural Resources's Tax Rate % for the quarter that ended in Dec. 2025 was 22.56%.

Canadian Natural Resources Tax Rate % Related Terms

Canadian Natural Resources Tax Rate % Historical Data

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The historical data trend for Canadian Natural Resources's Tax Rate % 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 Tax Rate % Chart

Canadian Natural Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.67 20.19 19.01 24.23 18.28

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
Tax Rate % 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 20.63 12.46 -23.20 22.56 0.00
FRA:CRC
81GF Score
Canadian Natural Resources Ltd FRA:CRC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Natural Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

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

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=1498.756/8197.038
=18.28 %

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

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=956.455/4239.356
=22.56 %

* 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 Tax Rate % →
What does a Tax Rate % of 22.56% mean?
Canadian Natural Resources (FRA:CRC) has a Tax Rate % of 22.56% as of Dec. 2025.
Is Canadian Natural Resources' Tax Rate % too high?
Canadian Natural Resources' current Tax Rate % is 22.56%. Overall, Canadian Natural Resources has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Natural Resources' Tax Rate % compare to COP and EOG?
Canadian Natural Resources' Tax Rate % of 22.56% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Canadian Natural Resources's current Tax Rate % is 22.56%. 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 Significantly Overvalued. The stock's GF Value™ is €29.73, compared to a current price of €39.90 — trading 34.2% above its estimated fair value. The current Tax Rate % is 22.56%. Canadian Natural Resources' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Canadian Natural Resources (FRA:CRC), the current Tax Rate % is 22.56% 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 €39.90 is trading 34.2% above its estimated GF Value™ of €29.73. GuruFocus considers Canadian Natural Resources to be Significantly Overvalued.

Key valuation signals for FRA:CRC:

  • Tax Rate %: 22.56%
  • GF Value™: €29.73 vs. price of €39.90 (34.2% above fair value)
  • GF Score™: 81/100 with 4 warning signs

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.
81GF Score

Get the complete analysis for FRA:CRC

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

€39.90
Price
€29.73
GF Value