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

Cenovus Energy's (CVE) quarterly Debt Ratio came in at 0.16 in Q1 2026, up 22.87% year-on-year from 0.13 in Q1 2025, and down 5.73% quarter-over-quarter from 0.17 in Q4 2025.

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

Cenovus Energy has disclosed Debt Ratio across 18 years of filings, most recently posting 0.16 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.16, up 22.87% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.16 (up 22.87% YoY), and the FY2025 annual result was 0.17, up 30.86% from the prior year.
  • Debt Ratio came in at 0.16 for Q1 2026 at Cenovus Energy, down from 0.17 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.21 in Q1 2022 to a low of 0.13 in Q3 2024.
  • The 5-year median for Debt Ratio is 0.13 (2023), against an average of 0.15.
  • Across the five-year window, Debt Ratio sank 31.58% in 2022 and surged 30.86% in 2025, its largest moves.
  • Cenovus Energy's Debt Ratio stood at 0.16 in 2022, then declined by 14.25% to 0.14 in 2023, then decreased by 1.66% to 0.13 in 2024, then soared by 30.86% to 0.17 in 2025, then declined by 5.73% to 0.16 in 2026.
  • The last three Debt Ratio figures came in at 0.16 (Q1 2026), 0.17 (Q4 2025), and 0.13 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 0.10
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 0.20
4 Shell 546.31 Bn 505.07 Bn - 0.20
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 0.02
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 0.16
7 Eni Spa 252.26 Bn 242.70 Bn - 0.17
8 Bp 196.12 Bn 159.56 Bn - 0.17
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 0.11
10 Imperial Oil 42.92 Bn 42.17 Bn - 0.09

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