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

Cenovus Energy (CVE) posted FCF Margin of 14.99% for Q3 2025, down 13.72% sequentially from 17.38% in Q3 2024, and down 238.0% YoY from 10.87% in Q3 2024.

Cenovus Energy (CVE) FCF Margin (2009 - 2025) Analysis & Trends

Cenovus Energy has reported FCF Margin for 17 years, with the latest figure at 14.99% in Q3 2025.

  • Quarterly FCF Margin fell 238.0% year-over-year to 14.99% in Q3 2025, while the trailing twelve-month figure through Jun 2026 was 7.34% (down 181.0% YoY) and the FY2025 annual result came in at 16.56%, down 46.0% from the prior year.
  • FCF Margin retreated to 14.99% in Q3 2025 per CVE's latest filing, from 17.38% in the prior quarter.
  • Over five years, FCF Margin peaked at 20.76% in Q4 2021 and troughed at 4.29% in Q1 2022.
  • A 5-year average of 14.44% and a median of 15.73% in 2022 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2021 and 2022: FCF Margin jumped 1147 bps in 2021, then sank 465 bps in 2022.
  • Over 5 years, FCF Margin stood at 20.76% in 2021, then dropped by 23 bps to 15.96% in 2022, then fell by 29 bps to 11.37% in 2023, then jumped by 53 bps to 17.38% in 2024, then fell by 14 bps to 14.99% in 2025.
  • According to Business Quant data, FCF Margin over the past three periods registered 14.99%, 17.38%, and 11.37% for Q3 2025, Q3 2024, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 152,761.90%
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 2.63%
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn -3.19%
4 Eni Spa 205.81 Bn 195.97 Bn - 7.11%
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 12.08%
6 Equinor Asa 98.30 Bn 89.04 Bn - 35.09%
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 23.03%
8 Imperial Oil 61.22 Bn 60.47 Bn - 2.26%
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 11.60%
10 Cenovus Energy 12.32 Bn 10.04 Bn 8.50 Bn -

Historic Data

Download Data
DateValue
Sep 30, 2025 14.99%
Sep 30, 2024 17.38%
Sep 30, 2023 11.37%
Sep 30, 2022 15.96%
Jun 30, 2022 15.51%
Mar 31, 2022 4.29%
Dec 31, 2021 20.76%
Sep 30, 2021 20.61%
Jun 30, 2021 17.89%
Mar 31, 2021 5.66%
Dec 31, 2020 13.56%
Sep 30, 2020 24.13%
Jun 30, 2020 6.42%
Mar 31, 2020 6.85%
Dec 31, 2019 19.89%
Sep 30, 2019 23.35%
Jun 30, 2019 25.58%
Mar 31, 2019 14.36%
Dec 31, 2018 17.18%
Sep 30, 2018 24.71%