Growth Metrics

Cenovus Energy (CNVEF) Tax Rate (2016 - 2025)

Historic Tax Rate for Cenovus Energy (CNVEF) over the last 17 years, with Q3 2025 value amounting to 0.85%.

  • Cenovus Energy's Tax Rate fell 190700.0% to 0.85% in Q3 2025 from the same period last year, while for Sep 2025 it was 13.22%, marking a year-over-year decrease of 98600.0%. This contributed to the annual value of 22.82% for FY2024, which is 43500.0% up from last year.
  • As of Q3 2025, Cenovus Energy's Tax Rate stood at 0.85%, which was down 190700.0% from 16.24% recorded in Q2 2025.
  • In the past 5 years, Cenovus Energy's Tax Rate registered a high of 33.93% during Q3 2021, and its lowest value of 173.83% during Q4 2021.
  • Over the past 5 years, Cenovus Energy's median Tax Rate value was 23.66% (recorded in 2024), while the average stood at 10.02%.
  • Per our database at Business Quant, Cenovus Energy's Tax Rate tumbled by -2296100bps in 2021 and then surged by 1982200bps in 2022.
  • Quarter analysis of 5 years shows Cenovus Energy's Tax Rate stood at 173.83% in 2021, then soared by 114bps to 24.4% in 2022, then decreased by -3bps to 23.72% in 2023, then dropped by -13bps to 20.65% in 2024, then tumbled by -96bps to 0.85% in 2025.
  • Its Tax Rate stands at 0.85% for Q3 2025, versus 16.24% for Q2 2025 and 23.98% for Q1 2025.