Cenovus Energy (CVE) EBITDA Margin (2009 - 2026)
Cenovus Energy (CVE) reported EBITDA Margin of 24.99% for the quarter ended Dec 31, 2025, up 7.28 percentage points from 17.71% a year earlier.
Cenovus Energy (CVE) EBITDA Margin (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Cenovus Energy posted EBITDA Margin of 31.38%, up 1.92 percentage points from the prior year.
- EBITDA Margin has a five-year change of +23.69 percentage points (years ended Dec 2020 to Dec 2025).
- By year, EBITDA Margin came in at 29.46% in the year ended Dec 31, 2024 (+4.29 pp), 25.18% in the year ended Dec 31, 2023 (-19.05 pp), 44.23% in the year ended Dec 31, 2022 (+22.24 pp) and 21.98% in the year ended Dec 31, 2021 (+14.29 pp).
- The figure for the quarter ended Dec 31, 2025 ranks as the highest quarterly EBITDA Margin since the quarter ended Dec 31, 2021.
- Year over year, EBITDA Margin gained in three of the last six quarters, with an average year-over-year change of +1.57 percentage points.
- The high point for year-over-year EBITDA Margin in five years was the quarter ended Dec 31, 2021 (a gain of 7.57 percentage points); the low point was the quarter ended Sep 30, 2021 (a drop of 37.93 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 691.18 Bn | 656.06 Bn | - | 24.94% |
| 2 | Chevron | 428.74 Bn | 406.54 Bn | 33.45 Bn | 33.00% |
| 3 | Shell | 289.76 Bn | 151.10 Bn | - | 1,326.59% |
| 4 | TotalEnergies SE | 199.50 Bn | 74.85 Bn | 31,614.00 | -1,155,312.69% |
| 5 | Eni Spa | 177.82 Bn | 121.01 Bn | - | 13.16% |
| 6 | Conocophillips | 164.56 Bn | 137.27 Bn | 12.81 Bn | 68.45% |
| 7 | Equinor Asa | 107.01 Bn | 19.94 Bn | 4.49 Bn | 45.38% |
| 8 | Canadian Natural Resources | 103.25 Bn | 100.25 Bn | 8.84 Bn | 94.81% |
| 9 | Phillips 66 | 101.28 Bn | 86.24 Bn | 10.69 Bn | 15.42% |
| 10 | Cenovus Energy | 53.47 Bn | 43.44 Bn | 3.24 Bn | 38.68% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.68% |
| Sep 30, 2025 | 23.24% |
| Jun 30, 2025 | 17.55% |
| Mar 31, 2025 | 20.85% |
| Sep 30, 2024 | 20.99% |
| Jun 30, 2024 | 19.99% |
| Mar 31, 2024 | 23.69% |
| Sep 30, 2023 | 28.65% |
| Jun 30, 2023 | 18.96% |
| Mar 31, 2023 | 16.91% |
| Sep 30, 2022 | 18.89% |
| Jun 30, 2022 | 25.80% |
| Dec 31, 2021 | 20.66% |
| Sep 30, 2021 | 21.62% |
| Jun 30, 2021 | 9.90% |
| Dec 31, 2020 | 13.84% |
| Sep 30, 2020 | 19.38% |
| Dec 31, 2019 | 30.50% |
| Sep 30, 2019 | 22.64% |
| Jun 30, 2019 | 26.29% |
Cenovus Energy EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "CVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();