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

27.75 0.14 +0.51%
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) Gross margin

Alert me on Gross margin

Cenovus Energy Inc's gross margin over the twelve months to 30 June 2026 was 40.7%, up 6.5 percentage points from fiscal 2025 (34.2%). Over the past ten years it has ranged from 32.5% (fiscal 2024) to 61.3% (fiscal 2020); the current reading is higher than 18% of that period. That is in line with the Oil & Gas Integrated industry median of 39.9% and in line with the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 34.2% 1.73
FY2024 32.5% (20.17)
FY2023 52.7% 3.19
FY2022 49.5% 0.12
FY2021 49.4% (11.95)
FY2020 61.3% 3.06
FY2019 58.2% 0.19
FY2018 58.1% 5.19
FY2017 52.9% 10.47
FY2016 42.4% (1.03)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 42.4% (4.01)
Mar 2026 46.4% 8.24
Dec 2025 38.1% 2.88
Sep 2025 35.2% 4.57
42 more quarters

Against its own ten years

Low 32.5% High 61.3%
Ten-year median 49.5%
Current reading's percentile 21

Gross margin against peers

Company Gross margin
EQNR Equinor ASA compare 53.6%
PBR Petroleo Brasileiro S.A.- Petrobras compare 50.8%
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 50.8%
CVE Cenovus Energy Inc 40.7%
TTE TotalEnergies SE Sponsored ADR compare 39.2%
YPF YPF Sociedad Anonima compare 38.6%
EC Ecopetrol S.A. compare 36.6%
BP BP p.l.c. compare 30.5%
E Eni SpA compare 19.5%
Oil & Gas Integrated industry median 39.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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