Cenovus Energy (CVE) Current Deferred Tax Assets (2009 - 2025)
Cenovus Energy's Current Deferred Tax Assets came in at $4.21 billion for the quarter ended Dec 31, 2025, up 45.4% from $2.9 billion a year earlier.
Cenovus Energy (CVE) Current Deferred Tax Assets (2009 - 2025) Analysis & Trends
As of Dec 31, 2025, Cenovus Energy's Current Deferred Tax Assets was $4.2 billion, up 42.3% from the prior year.
- Current Deferred Tax Assets carries a five-year compound annual growth rate of 11.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Current Deferred Tax Assets was $2.95 billion in the year ended Dec 31, 2024 (-4.8%), $3.1 billion in the year ended Dec 31, 2023 (-5.8%), $3.29 billion in the year ended Dec 31, 2022 (+25.6%) and $2.62 billion in the year ended Dec 31, 2021 (+8.6%).
- The figure for the quarter ended Dec 31, 2025 represents the highest quarterly Current Deferred Tax Assets in data going back to the quarter ended Dec 31, 2010.
- Year-over-year, Current Deferred Tax Assets increased in 1 of the last six quarters, with growth averaging 5.9%.
- The fastest year-over-year change in Current Deferred Tax Assets over five years came in the quarter ended Dec 31, 2025 (growth of 45.4%), and the weakest in the quarter ended Sep 30, 2021 (a decline of 17.8%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn |
| 10 | Cenovus Energy | 59.10 Bn | 50.78 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 4.21 Bn |
| Sep 30, 2025 | 2.87 Bn |
| Jun 30, 2025 | 4.00 Bn |
| Mar 31, 2025 | 4.05 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Jun 30, 2024 | 4.05 Bn |
| Mar 31, 2024 | 4.08 Bn |
| Dec 31, 2023 | 3.08 Bn |
| Sep 30, 2023 | 2.96 Bn |
| Jun 30, 2023 | 4.09 Bn |
| Mar 31, 2023 | 4.12 Bn |
| Dec 31, 2022 | 3.16 Bn |
| Jun 30, 2022 | 2.62 Bn |
| Mar 31, 2022 | 3.29 Bn |
| Dec 31, 2021 | 2.61 Bn |
| Sep 30, 2021 | 2.09 Bn |
| Jun 30, 2021 | 2.45 Bn |
| Mar 31, 2021 | 2.39 Bn |
| Dec 31, 2020 | 2.48 Bn |
Cenovus Energy Current Deferred Tax Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=CVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "CVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();