Cenovus Energy (CVE) Debt Ratio (2009 - 2026)

Cenovus Energy (CVE) posted Debt Ratio of 0.16 for Q1 2026, down 5.73% sequentially from 0.17 in Q4 2025, and up 22.87% YoY from 0.13 in Q1 2025.

Cenovus Energy (CVE) Debt Ratio (2009 - 2026) Analysis & Trends

Cenovus Energy (CVE) has 18 years of Debt Ratio data on file, last reported at 0.16 in Q1 2026.

  • Quarterly Debt Ratio rose 22.87% year-over-year to 0.16 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.16 (up 22.87% YoY) and the FY2025 annual result came in at 0.17, up 30.86% from the prior year.
  • Debt Ratio retreated to 0.16 in Q1 2026 per CVE's latest filing, from 0.17 in the prior quarter.
  • The five-year high for Debt Ratio was 0.21 in Q1 2022, with the low at 0.13 in Q3 2024.
  • Average Debt Ratio over 5 years is 0.15, with a median of 0.13 recorded in 2023.
  • Year-over-year, Debt Ratio tumbled 31.58% in 2022 and soared 30.86% in 2025.
  • Cenovus Energy's Debt Ratio stood at 0.16 in 2022, then decreased by 14.25% to 0.14 in 2023, then declined by 1.66% to 0.13 in 2024, then soared by 30.86% to 0.17 in 2025, then decreased by 5.73% to 0.16 in 2026.
  • Business Quant data shows CVE's Debt Ratio at 0.16 in Q1 2026, 0.17 in Q4 2025, and 0.13 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - -
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn -
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 0.20
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 0.20
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 0.02
6 Equinor Asa 77.88 Bn 70.78 Bn - 0.16
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 0.26
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 0.46
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 -
10 Cenovus Energy - - 6.46 Bn 0.16

Historic Data

Download Data
DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.17
Sep 30, 2025 0.13
Jun 30, 2025 0.13
Mar 31, 2025 0.13
Dec 31, 2024 0.13
Sep 30, 2024 0.13
Jun 30, 2024 0.13
Mar 31, 2024 0.13
Dec 31, 2023 0.14
Sep 30, 2023 0.13
Jun 30, 2023 0.16
Mar 31, 2023 0.16
Dec 31, 2022 0.16
Jun 30, 2022 0.20
Mar 31, 2022 0.21
Dec 31, 2021 0.23
Sep 30, 2021 0.24
Jun 30, 2021 0.25
Mar 31, 2021 0.26