Cenovus Energy (CVE) EV to EBITDA (2010 - 2025)
Cenovus Energy's (CVE) quarterly EV to EBITDA came in at 15.16 in Q4 2025, down 2.68% year-over-year from 15.58 in Q4 2024, and up 55.39% quarter-over-quarter from 9.75 in Q3 2025.
Analysis
Cenovus Energy (CVE) EV to EBITDA (2010 - 2025) Analysis & Trends
Cenovus Energy has disclosed EV to EBITDA across 16 years of filings, most recently posting 15.16 for Q4 2025.
- In Q4 2025, EV to EBITDA fell 2.68% year-over-year to 15.16; the TTM figure through Dec 2025 stood at 3.01 (up 32.13% YoY), while the FY2025 annual figure was 3.69, up 24.19% from the prior year.
- EV to EBITDA came in at 15.16 for Q4 2025 at Cenovus Energy, up from 9.75 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 1568.5 in Q2 2021 to a low of 4.47 in Q3 2022.
- Average EV to EBITDA over 5 years is 100.37, with a median of 12.44 recorded in 2023.
- Year-over-year, EV to EBITDA soared 7593.0% in 2021 and plunged 92.98% in 2022.
- Over 5 years, EV to EBITDA stood at 123.92 in 2021, then sank by 80.6% to 24.04 in 2022, then slumped by 48.96% to 12.27 in 2023, then rose by 26.91% to 15.58 in 2024, then declined by 2.68% to 15.16 in 2025.
- Per Business Quant data, the three most recent EV to EBITDA figures were 15.16 in Q4 2025, 9.75 in Q3 2025, and 11.47 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chevron | 412.01 Bn | 409.15 Bn | 33.45 Bn |
| 2 | Shell | 263.44 Bn | 223.58 Bn | 30.13 Bn |
| 3 | TotalEnergies SE | 195.33 Bn | 166.15 Bn | 23.46 Bn |
| 4 | Eni Spa | 168.45 Bn | 158.60 Bn | - |
| 5 | Equinor Asa | 105.21 Bn | 95.95 Bn | - |
| 6 | Phillips 66 | 101.74 Bn | 98.84 Bn | 8.38 Bn |
| 7 | Suncor Energy | 80.36 Bn | 74.99 Bn | 17.50 Bn |
| 8 | Imperial Oil | 62.21 Bn | 60.16 Bn | - |
| 9 | Cenovus Energy | 60.98 Bn | 59.03 Bn | 7.32 Bn |
| 10 | Occidental Petroleum | 37.95 Bn | 34.43 Bn | 7.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 15.16 |
| Sep 30, 2025 | 9.75 |
| Jun 30, 2025 | 11.47 |
| Mar 31, 2025 | 8.15 |
| Dec 31, 2024 | 15.58 |
| Sep 30, 2024 | 8.22 |
| Jun 30, 2024 | 12.61 |
| Mar 31, 2024 | 11.29 |
| Dec 31, 2023 | 12.27 |
| Sep 30, 2023 | 10.02 |
| Jun 30, 2023 | 13.96 |
| Mar 31, 2023 | 15.07 |
| Dec 31, 2022 | 24.04 |
| Sep 30, 2022 | 4.47 |
| Jun 30, 2022 | 110.03 |
| Mar 31, 2022 | 14.10 |
| Dec 31, 2021 | 123.92 |
| Sep 30, 2021 | 8.52 |
| Jun 30, 2021 | 1,568.50 |
| Mar 31, 2021 | 10.21 |