Correlation
The correlation between CNQ and LMT is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
CNQ vs. LMT
Compare and contrast key facts about Canadian Natural Resources Limited (CNQ) and Lockheed Martin Corporation (LMT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNQ or LMT.
Performance
CNQ vs. LMT - Performance Comparison
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Key characteristics
CNQ:
-0.50
LMT:
0.22
CNQ:
-0.42
LMT:
0.66
CNQ:
0.95
LMT:
1.10
CNQ:
-0.39
LMT:
0.30
CNQ:
-0.96
LMT:
0.56
CNQ:
14.48%
LMT:
16.70%
CNQ:
31.74%
LMT:
23.46%
CNQ:
-81.12%
LMT:
-70.23%
CNQ:
-21.35%
LMT:
-20.48%
Fundamentals
CNQ:
$64.51B
LMT:
$112.19B
CNQ:
$2.57
LMT:
$23.20
CNQ:
11.99
LMT:
20.64
CNQ:
12.75
LMT:
1.75
CNQ:
1.68
LMT:
1.56
CNQ:
2.19
LMT:
16.91
CNQ:
$43.23B
LMT:
$71.81B
CNQ:
$12.09B
LMT:
$7.35B
CNQ:
$18.38B
LMT:
$9.08B
Returns By Period
In the year-to-date period, CNQ achieves a 1.19% return, which is significantly higher than LMT's -0.05% return. Both investments have delivered pretty close results over the past 10 years, with CNQ having a 12.57% annualized return and LMT not far ahead at 12.69%.
CNQ
1.19%
6.24%
-5.82%
-15.73%
2.22%
31.66%
12.57%
LMT
-0.05%
1.97%
-6.66%
5.19%
5.41%
6.38%
12.69%
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Risk-Adjusted Performance
CNQ vs. LMT — Risk-Adjusted Performance Rank
CNQ
LMT
CNQ vs. LMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Natural Resources Limited (CNQ) and Lockheed Martin Corporation (LMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
CNQ vs. LMT - Dividend Comparison
CNQ's dividend yield for the trailing twelve months is around 5.09%, more than LMT's 3.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNQ Canadian Natural Resources Limited | 5.09% | 5.02% | 4.17% | 6.31% | 3.70% | 5.15% | 3.42% | 5.92% | 2.34% | 2.20% | 3.24% | 2.60% |
LMT Lockheed Martin Corporation | 3.38% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% |
Drawdowns
CNQ vs. LMT - Drawdown Comparison
The maximum CNQ drawdown since its inception was -81.12%, which is greater than LMT's maximum drawdown of -70.23%. Use the drawdown chart below to compare losses from any high point for CNQ and LMT.
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Volatility
CNQ vs. LMT - Volatility Comparison
Canadian Natural Resources Limited (CNQ) has a higher volatility of 8.40% compared to Lockheed Martin Corporation (LMT) at 6.53%. This indicates that CNQ's price experiences larger fluctuations and is considered to be riskier than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CNQ vs. LMT - Financials Comparison
This section allows you to compare key financial metrics between Canadian Natural Resources Limited and Lockheed Martin Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CNQ vs. LMT - Profitability Comparison
CNQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Canadian Natural Resources Limited reported a gross profit of 3.56B and revenue of 12.71B. Therefore, the gross margin over that period was 28.0%.
LMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Lockheed Martin Corporation reported a gross profit of 2.32B and revenue of 17.96B. Therefore, the gross margin over that period was 12.9%.
CNQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Canadian Natural Resources Limited reported an operating income of 3.29B and revenue of 12.71B, resulting in an operating margin of 25.9%.
LMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Lockheed Martin Corporation reported an operating income of 2.37B and revenue of 17.96B, resulting in an operating margin of 13.2%.
CNQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Canadian Natural Resources Limited reported a net income of 2.46B and revenue of 12.71B, resulting in a net margin of 19.3%.
LMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Lockheed Martin Corporation reported a net income of 1.71B and revenue of 17.96B, resulting in a net margin of 9.5%.