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) Return on invested capital

Alert me on Return on invested capital

Cenovus Energy Inc's return on invested capital over the twelve months to 30 June 2026 was 14.5%, up 6.4 percentage points from fiscal 2025 (8.18%). Over the past ten years it has ranged from −7.20% (fiscal 2020) to 18.0% (fiscal 2022); the current reading is higher than 73% of that period. That is above the Oil & Gas Integrated industry median of 12.9% and above the Energy sector median of 5.43%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 8.18% (0.39)
FY2024 8.57% (1.99)
FY2023 10.6% (7.43)
FY2022 18.0% 11.89
FY2021 6.10% 13.30
FY2020 −7.20% (12.16)
FY2019 4.96% 11.34
FY2018 −6.38% (6.73)
FY2017 0.35% 2.49
FY2016 −2.14% (6.32)

Against its own ten years

Low −7.20% High 18.0%
Ten-year median 4.96%
Current reading's percentile 73

Return on invested capital against peers

Company Return on invested capital
EQNR Equinor ASA compare 54.5%
BP BP p.l.c. compare 20.4%
PBR Petroleo Brasileiro S.A.- Petrobras compare 15.5%
PBR.A Petroleo Brasileiro S.A.- Petrobras compare 15.5%
YPF YPF Sociedad Anonima compare 15.4%
CVE Cenovus Energy Inc 14.5%
TTE TotalEnergies SE Sponsored ADR compare 13.5%
EC Ecopetrol S.A. compare 9.16%
E Eni SpA compare 3.67%
Oil & Gas Integrated industry median 12.9%
Energy sector median 5.43%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on CVE