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| Date | Value |
|---|---|
| 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% |