Cenovus Energy Inc

CVE Energy Oil & Gas Integrated

Cenovus Energy Inc’s revenue for fiscal 2025 (year ended December 2025) was $35.6 billion, down 10.2% from fiscal 2024.

Revenue
+41.3%
EPS
+226.5%
Free cash flow
+18,996.5%
Total debt
+14.0%

Quarter to June 2026, against a year earlier

27.81 0.58 −2.04%
Market cap
$50.2B
P/E
10.7×
Fwd P/E
7.9×
Dividend yield
2.18%
F-score
7/9
Altman Z
2.20
Beneish M
−2.51
Dividend safety
66/100

Cenovus Energy Inc (CVE) Free cash flow margin

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Cenovus Energy Inc's free cash flow margin over the twelve months to 30 June 2026 was 22.7%, up 16.1 percentage points from fiscal 2025 (6.68%). Over the past ten years it has ranged from −4.43% (fiscal 2020) to 14.2% (fiscal 2023); the current reading is higher than 45% of that period. That is above the Oil & Gas Integrated industry median of 11.2% and above the Energy sector median of 6.87%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 6.68% (1.09)
FY2024 7.77% (6.38)
FY2023 14.2% 2.65
FY2022 11.5% 4.26
FY2021 7.24% 11.67
FY2020 −4.43% (14.85)
FY2019 10.4% 6.69
FY2018 3.73% (4.42)
FY2017 8.15% 9.58
FY2016 −1.43% 0.41

Against its own ten years

Low −4.43% High 14.2%
Ten-year median 7.24%
Current reading's percentile 45

Free cash flow margin against peers

Company Free cash flow margin
CVE Cenovus Energy Inc 22.7%
PBR Petroleo Brasileiro S.A.- Petrobras compare 19.9%
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 19.9%
EC Ecopetrol S.A. compare 15.3%
EQNR Equinor ASA compare 11.3%
TTE TotalEnergies SE Sponsored ADR compare 11.2%
BP BP p.l.c. compare 10.2%
E Eni SpA compare 5.67%
YPF YPF Sociedad Anonima compare 0.00%
Oil & Gas Integrated industry median 11.2%
Energy sector median 6.87%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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