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) Operating margin

Alert me on Operating margin

Cenovus Energy Inc's operating margin over the twelve months to 30 June 2026 was 17.1%, up 6.6 percentage points from fiscal 2025 (10.5%). Over the past ten years it has ranged from −20.8% (fiscal 2020) to 13.7% (fiscal 2022); the current reading is higher than 82% of that period. That is in line with the Oil & Gas Integrated industry median of 17.1% and above the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 10.5% 1.83
FY2024 8.69% (2.24)
FY2023 10.9% (2.78)
FY2022 13.7% 6.72
FY2021 6.99% 27.81
FY2020 −20.8% (31.00)
FY2019 10.2% 22.84
FY2018 −12.7% (13.61)
FY2017 0.95% 4.96
FY2016 −4.01% (11.60)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 23.6% 5.03
Mar 2026 18.6% 6.64
Dec 2025 11.9% 0.67
Sep 2025 11.3% 1.81
42 more quarters

Against its own ten years

Low −20.8% High 13.7%
Ten-year median 7.59%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
PBR Petroleo Brasileiro S.A.- Petrobras compare 34.2%
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 34.2%
EQNR Equinor ASA compare 32.3%
EC Ecopetrol S.A. compare 27.6%
YPF YPF Sociedad Anonima compare 23.0%
CVE Cenovus Energy Inc 17.1%
TTE TotalEnergies SE Sponsored ADR compare 16.3%
BP BP p.l.c. compare 11.1%
E Eni SpA compare 4.46%
Oil & Gas Integrated industry median 17.1%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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