Cenovus Energy (CVE) EBIT Margin (2009 - 2026)

Cenovus Energy's (CVE) quarterly EBIT Margin came in at 22.47% in Q1 2026, up 1150.0% year-on-year from 1.8% in Q1 2025, and up 81.38% quarter-over-quarter from 12.39% in Q4 2025.

Cenovus Energy (CVE) EBIT Margin (2009 - 2026) Analysis & Trends

Cenovus Energy has disclosed EBIT Margin across 18 years of filings, most recently posting 22.47% for Q1 2026.

  • EBIT Margin for Q1 2026 came in at 22.47%, up 1150.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.07% (up 329.0% YoY), and the FY2025 annual result was 11.13%, up 32.0% from the prior year.
  • EBIT Margin came in at 22.47% for Q1 2026 at Cenovus Energy, up from 12.39% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 22.47% in Q1 2026 to a low of 7.89% in Q1 2023.
  • The 5-year median for EBIT Margin is 11.85% (2024), against an average of 12.52%.
  • Across the five-year window, EBIT Margin slumped 827 bps in 2024 and soared 1150 bps in 2026, its largest moves.
  • Cenovus Energy's EBIT Margin stood at 9.39% in 2022, then retreated by 10 bps to 8.41% in 2023, then decreased by 3 bps to 8.15% in 2024, then jumped by 52 bps to 12.39% in 2025, then jumped by 81 bps to 22.47% in 2026.
  • The last three EBIT Margin figures came in at 22.47% (Q1 2026), 12.39% (Q4 2025), and 13.22% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn 33.28%
2 Exxon Mobil 629.96 Bn 628.14 Bn - 8.53%
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 59.15%
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 26.06%
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 22.47%
7 Eni Spa 252.26 Bn 242.70 Bn - 3.57%
8 Bp 196.12 Bn 159.56 Bn - 16.24%
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 54.87%
10 Imperial Oil 42.92 Bn 42.17 Bn - 9.99%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.47%
Dec 31, 2025 12.39%
Sep 30, 2025 13.22%
Jun 30, 2025 7.94%
Mar 31, 2025 10.97%
Dec 31, 2024 8.15%
Sep 30, 2024 12.17%
Jun 30, 2024 11.53%
Mar 31, 2024 14.54%
Dec 31, 2023 8.41%
Sep 30, 2023 20.44%
Jun 30, 2023 10.20%
Mar 31, 2023 7.89%
Dec 31, 2022 9.39%
Jun 30, 2022 18.38%
Mar 31, 2022 12.24%
Dec 31, 2021 1.24%
Sep 30, 2021 11.85%
Jun 30, 2021 7.12%
Mar 31, 2021 9.37%