Gross Margin - Canadian Natural Resources Ltd (TSX:CNQ) - Alpha Spread
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Canadian Natural Resources Ltd
TSX:CNQ

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Canadian Natural Resources Ltd
TSX:CNQ
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Price: 45.07 CAD -1.25% Market Closed
Market Cap: 96.3B CAD
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Gross Margin
Canadian Natural Resources Ltd

51.5%
Current
53%
Average
34.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
51.5%
=
Gross Profit
18.9B
/
Revenue
36.7B

Gross Margin Across Competitors

Country CA
Market Cap 70.7B USD
Gross Margin
52%
Country US
Market Cap 123.1B USD
Gross Margin
48%
Country CN
Market Cap 726.6B CNY
Gross Margin
45%
Country US
Market Cap 68.5B USD
Gross Margin
63%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 38.9B USD
Gross Margin
75%
Country US
Market Cap 32.1B USD
Gross Margin
75%
Country AU
Market Cap 30.2B USD
Gross Margin
46%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
Country US
Market Cap 26B USD
Gross Margin
51%
Country AU
Market Cap 30.6B AUD
Gross Margin
45%

Profitability Report

View the profitability report to see the full profitability analysis for Canadian Natural Resources Ltd.

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
51.5%
=
Gross Profit
18.9B
/
Revenue
36.7B
What is the Gross Margin of Canadian Natural Resources Ltd?

Based on Canadian Natural Resources Ltd's most recent financial statements, the company has Gross Margin of 51.5%.