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

Cenovus Energy (CVE) posted Debt Ratio of 0.13 for Q2 2026, down 19.85% sequentially from 0.16 in Q1 2026, and up 1.31% YoY from 0.13 in Q2 2025.

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

Cenovus Energy has reported Debt Ratio for 18 years, with the latest figure at 0.13 in Q2 2026.

  • Quarterly Debt Ratio rose 1.31% year-over-year to 0.13 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.13 (up 1.31% YoY) and the FY2025 annual result came in at 0.17, up 30.53% from the prior year.
  • Debt Ratio retreated to 0.13 in Q2 2026 per CVE's latest filing, from 0.16 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.21 in Q1 2022 and troughed at 0.13 in Q2 2025.
  • A 5-year average of 0.15 and a median of 0.13 in 2023 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio slumped 33.46% in 2022, then surged 30.53% in 2025.
  • Over 5 years, Debt Ratio stood at 0.16 in 2022, then retreated by 14.25% to 0.14 in 2023, then fell by 1.41% to 0.13 in 2024, then jumped by 30.53% to 0.17 in 2025, then dropped by 24.44% to 0.13 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.13, 0.16, and 0.17 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 115.40
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 0.10
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 0.10
4 Eni Spa 205.81 Bn 195.97 Bn - 0.17
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - 0.15
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 0.11
8 Imperial Oil 61.22 Bn 60.47 Bn - 0.09
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 0.20
10 Cenovus Energy 12.32 Bn 10.04 Bn 8.50 Bn 0.13

Historic Data

Download Data
DateValue
Jun 30, 2026 0.13
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
Sep 30, 2022 0.16
Jun 30, 2022 0.20
Mar 31, 2022 0.21
Dec 31, 2021 0.23
Sep 30, 2021 0.24