Canadian Natural Resources Ltd (CNQ) — Cash Flow Quality Index
Canadian Natural Resources Ltd (CNQ) has a Cash Flow Quality Index of 6.57x as of September 2025. Operating cash flow of CA$3.94 Billion exceeds net income of CA$600.00 Million, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Canadian Natural Resources Ltd generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Canadian Natural Resources Ltd Cash Flow Quality Index (1993–2024)
Historical Cash Flow Quality Index for Canadian Natural Resources Ltd across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check total reinvestment intensity of Canadian Natural Resources Ltd to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Canadian Natural Resources Ltd (1993–2024)
Year-by-year earnings quality comparison for Canadian Natural Resources Ltd. For live market cap and the full company financial profile, see CNQ market cap overview.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.19x | CA$13.39 Billion | CA$6.11 Billion | ▲ +46.1% |
| 2023 | 1.50x | CA$12.35 Billion | CA$8.23 Billion | ▼ -15.4% |
| 2022 | 1.77x | CA$19.39 Billion | CA$10.94 Billion | ▼ -6.1% |
| 2021 | 1.89x | CA$14.48 Billion | CA$7.66 Billion | ▲ +15.9% |
| 2019 | 1.63x | CA$8.83 Billion | CA$5.42 Billion | ▼ -58.3% |
| 2018 | 3.91x | CA$10.12 Billion | CA$2.59 Billion | ▲ +28.9% |
| 2017 | 3.03x | CA$7.26 Billion | CA$2.40 Billion | ▲ +40.7% |
| 2014 | 2.15x | CA$8.46 Billion | CA$3.93 Billion | ▼ -32.3% |
| 2013 | 3.18x | CA$7.22 Billion | CA$2.27 Billion | ▼ -3.1% |
| 2012 | 3.28x | CA$6.21 Billion | CA$1.89 Billion | ▲ +38.9% |
| 2011 | 2.36x | CA$6.24 Billion | CA$2.64 Billion | ▼ -36.2% |
| 2010 | 3.70x | CA$6.28 Billion | CA$1.70 Billion | ▲ +0.7% |
| 2009 | 3.68x | CA$5.81 Billion | CA$1.58 Billion | ▲ +171.0% |
| 2008 | 1.36x | CA$6.77 Billion | CA$4.99 Billion | ▼ -39.2% |
| 2007 | 2.23x | CA$5.82 Billion | CA$2.61 Billion | ▲ +34.9% |
| 2006 | 1.65x | CA$4.18 Billion | CA$2.52 Billion | ▼ -63.8% |
| 2005 | 4.57x | CA$4.80 Billion | CA$1.05 Billion | ▲ +74.0% |
| 2004 | 2.63x | CA$3.69 Billion | CA$1.41 Billion | ▲ +16.9% |
| 2003 | 2.25x | CA$3.13 Billion | CA$1.39 Billion | ▼ -36.2% |
| 2002 | 3.52x | CA$2.02 Billion | CA$574.44 Million | ▲ +31.2% |
| 2001 | 2.68x | CA$1.89 Billion | CA$703.60 Million | ▲ +14.8% |
| 2000 | 2.34x | CA$1.83 Billion | CA$784.34 Million | ▼ -30.2% |
| 1999 | 3.35x | CA$668.40 Million | CA$199.65 Million | ▼ -46.5% |
| 1998 | 6.26x | CA$368.42 Million | CA$58.82 Million | ▲ +34.2% |
| 1997 | 4.67x | CA$520.37 Million | CA$111.51 Million | ▲ +19.6% |
| 1996 | 3.90x | CA$370.60 Million | CA$95.00 Million | ▲ +11.8% |
| 1995 | 3.49x | CA$147.90 Million | CA$42.40 Million | ▲ +25.3% |
| 1994 | 2.78x | CA$150.90 Million | CA$54.20 Million | ▲ +6.1% |
| 1993 | 2.62x | CA$90.00 Million | CA$34.30 Million | — |