Canadian Natural Resources Gross Margin 2010-2024 | CNQ
- Canadian Natural Resources average gross margin for 2023 was 50.9%, a 10.29% decline from 2022.
- Canadian Natural Resources average gross margin for 2022 was 56.74%, a 16.82% decline from 2021.
- Canadian Natural Resources average gross margin for 2021 was 48.57%, a 17.23% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.