Cenovus Energy (CVE) EBIT Margin (2009 - 2025)
Cenovus Energy's (CVE) quarterly EBIT Margin came in at 12.39% in Q4 2025, up 424.0% year-over-year from 2.36% in Q4 2024, and up 14.98% quarter-over-quarter from 10.77% in Q3 2025.
Analysis
Cenovus Energy (CVE) EBIT Margin (2009 - 2025) Analysis & Trends
Cenovus Energy has disclosed EBIT Margin across 17 years of filings, most recently posting 12.39% for Q4 2025.
- In Q4 2025, EBIT Margin rose 424.0% year-over-year to 12.39%; the TTM figure through Dec 2025 stood at 10.45% (down 124.0% YoY), while the FY2025 annual figure was 12.23%, down 68.0% from the prior year.
- EBIT Margin came in at 12.39% for Q4 2025 at Cenovus Energy, up from 10.77% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 14.54% in Q1 2024 to a low of 0.06% in Q2 2021.
- Average EBIT Margin over 5 years is 9.39%, with a median of 10.48% recorded in 2023.
- Year-over-year, EBIT Margin soared 2631 bps in 2021 and plunged 434 bps in 2023.
- Over 5 years, EBIT Margin stood at 1.24% in 2021, then soared by 659 bps to 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.
- Per Business Quant data, the three most recent EBIT Margin figures were 12.39% in Q4 2025, 10.77% in Q3 2025, and 7.94% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn | -28.44% |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn | 28.64% |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn | -37.20% |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - | 98.44% |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - | 36.94% |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn | -74.35% |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn | 91.95% |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - | 17.89% |
| 9 | Cenovus Energy | 61.44 Bn | 59.48 Bn | 7.32 Bn | 12.39% |
| 10 | Occidental Petroleum | 58.81 Bn | 55.30 Bn | 7.73 Bn | 39.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 12.39% |
| Sep 30, 2025 | 10.77% |
| Jun 30, 2025 | 7.94% |
| Mar 31, 2025 | 10.97% |
| Dec 31, 2024 | 8.15% |
| Sep 30, 2024 | 11.62% |
| Jun 30, 2024 | 11.53% |
| Mar 31, 2024 | 14.54% |
| Dec 31, 2023 | 8.41% |
| Sep 30, 2023 | 12.54% |
| Jun 30, 2023 | 10.20% |
| Mar 31, 2023 | 7.89% |
| Dec 31, 2022 | 9.39% |
| Sep 30, 2022 | 14.42% |
| Jun 30, 2022 | 1.54% |
| Mar 31, 2022 | 12.24% |
| Dec 31, 2021 | 1.24% |
| Sep 30, 2021 | 12.54% |
| Jun 30, 2021 | 0.06% |
| Mar 31, 2021 | 9.37% |