Growth Metrics

Cenovus Energy (CVE) Asset Utilization Ratio (2016 - 2026)

Cenovus Energy's Asset Utilization Ratio history spans 17 years, with the latest figure at 0.76 for Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 22.65% to 0.76 in Q1 2026 year-over-year; TTM through Mar 2026 was 0.76, a 22.65% decrease, with the full-year FY2025 number at 0.82, down 16.27% from a year prior.
  • Asset Utilization Ratio hit 0.76 in Q1 2026 for Cenovus Energy, down from 0.84 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for CVE hit a ceiling of 2.43 in Q4 2022 and a floor of 0.76 in Q1 2026.
  • Historically, Asset Utilization Ratio has averaged 1.09 across 5 years, with a median of 0.99 in 2024.
  • Biggest five-year swings in Asset Utilization Ratio: surged 168.87% in 2022 and later crashed 60.35% in 2023.
  • Tracing CVE's Asset Utilization Ratio over 5 years: stood at 2.43 in 2022, then crashed by 60.35% to 0.96 in 2023, then grew by 2.03% to 0.98 in 2024, then dropped by 14.45% to 0.84 in 2025, then decreased by 9.67% to 0.76 in 2026.
  • Business Quant data shows Asset Utilization Ratio for CVE at 0.76 in Q1 2026, 0.84 in Q4 2025, and 0.93 in Q3 2025.