Cenovus Energy (CVE) EV to FCF (2010 - 2025)
Cenovus Energy's (CVE) quarterly EV to FCF came in at 17.32 in Q4 2025, down 1.11% year-over-year from 17.52 in Q4 2024, and down 14.83% quarter-over-quarter from 20.34 in Q3 2025.
Analysis
Cenovus Energy (CVE) EV to FCF (2010 - 2025) Analysis & Trends
Cenovus Energy has disclosed EV to FCF across 16 years of filings, most recently posting 17.32 for Q4 2025.
- In Q4 2025, EV to FCF fell 1.11% year-over-year to 17.32; the TTM figure through Dec 2025 stood at 4.35 (up 51.56% YoY), while the FY2025 annual figure was 6.11, down 172.14% from the prior year.
- EV to FCF came in at 17.32 for Q4 2025 at Cenovus Energy, down from 20.34 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 55.54 in Q3 2023 to a low of 109.44 in Q1 2023.
- Average EV to FCF over 5 years is 8.71, with a median of 12.53 recorded in 2021.
- The largest YoY upside for EV to FCF was 566.82% in 2023 against a maximum downside of 870.23% in 2023.
- Over 5 years, EV to FCF stood at 8.69 in 2021, then soared by 77.48% to 15.42 in 2022, then tumbled by 34.96% to 10.03 in 2023, then surged by 74.7% to 17.52 in 2024, then dropped by 1.11% to 17.32 in 2025.
- Per Business Quant data, the three most recent EV to FCF figures were 17.32 in Q4 2025, 20.34 in Q3 2025, and 10.46 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 | 17.32 |
| Sep 30, 2025 | 20.34 |
| Jun 30, 2025 | 10.46 |
| Mar 31, 2025 | 17.21 |
| Dec 31, 2024 | 17.52 |
| Sep 30, 2024 | 10.86 |
| Jun 30, 2024 | 13.12 |
| Mar 31, 2024 | 18.20 |
| Dec 31, 2023 | 10.03 |
| Sep 30, 2023 | 55.54 |
| Jun 30, 2023 | 16.30 |
| Mar 31, 2023 | -109.44 |
| Dec 31, 2022 | 15.42 |
| Sep 30, 2022 | 8.33 |
| Jun 30, 2022 | 7.58 |
| Mar 31, 2022 | 14.21 |
| Dec 31, 2021 | 8.69 |
| Sep 30, 2021 | 4.90 |
| Jun 30, 2021 | 5.65 |
| Mar 31, 2021 | 11.94 |