Cenovus Energy (CVE) FCF Margin (2009 - 2025)

Cenovus Energy has disclosed FCF Margin across 17 years of filings, most recently posting 22.13% for Q4 2025.

• In Q4 2025, FCF Margin rose 629.0% year-over-year to 22.13%; the TTM figure through Dec 2025 stood at 11.15% (down 203.0% YoY), while the FY2025 annual figure was 13.77%, down 2150.0% from the prior year.
• FCF Margin came in at 22.13% for Q4 2025 at Cenovus Energy, up from 5.17% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 22.43% in Q4 2023 to a low of 2.33% in Q1 2023.
• Average FCF Margin over 5 years is 13.76%, with a median of 15.29% recorded in 2024.
• Year-over-year, FCF Margin jumped 4867 bps in 2021 and plunged 1448 bps in 2023.
• Over 5 years, FCF Margin stood at 17.66% in 2021, then retreated by 17 bps to 14.65% in 2022, then surged by 53 bps to 22.43% in 2023, then decreased by 29 bps to 15.84% in 2024, then surged by 40 bps to 22.13% in 2025.
• Per Business Quant data, the three most recent FCF Margin figures were 22.13% in Q4 2025, 5.17% in Q3 2025, and 19.27% in Q2 2025.