Cenovus Energy (CVE) FCF Margin (2009 - 2025)
Cenovus Energy (CVE) reported FCF Margin of 22.13% for the quarter ended Dec 31, 2025, up 6.29 percentage points from 15.84% a year earlier.
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Analysis
Cenovus Energy (CVE) FCF Margin (2009 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Cenovus Energy posted FCF Margin of 16.56%, down 0.46 percentage points from the prior year.
- FCF Margin has a five-year change of +12.31 percentage points (years ended Dec 2020 to Dec 2025).
- By year, FCF Margin came in at 17.01% in the year ended Dec 31, 2024 (+2.86 pp), 14.15% in the year ended Dec 31, 2023 (+2.62 pp), 11.54% in the year ended Dec 31, 2022 (-6.76 pp) and 18.30% in the year ended Dec 31, 2021 (+14.05 pp).
- The figure for the quarter ended Dec 31, 2025 ranks as the highest quarterly FCF Margin since the quarter ended Dec 31, 2023.
- Year over year, FCF Margin gained in four of the last six quarters, with an average year-over-year change of +2.49 percentage points.
- The high point for year-over-year FCF Margin in five years was the quarter ended Mar 31, 2024 (a gain of 17.07 percentage points); the low point was the quarter ended Dec 31, 2024 (a drop of 6.59 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 14.68% |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | -62.50% |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 25.83% |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 24.43% |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 18.84% |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 22.59% |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 12.55% |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 18.76% |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 14.68% |
| 10 | Cenovus Energy | 59.10 Bn | 50.78 Bn | - | 22.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 22.13% |
| Sep 30, 2025 | 16.15% |
| Jun 30, 2025 | 19.27% |
| Mar 31, 2025 | 9.89% |
| Dec 31, 2024 | 15.84% |
| Sep 30, 2024 | 17.90% |
| Jun 30, 2024 | 19.25% |
| Mar 31, 2024 | 14.74% |
| Dec 31, 2023 | 22.43% |
| Sep 30, 2023 | 18.78% |
| Jun 30, 2023 | 16.27% |
| Mar 31, 2023 | -2.33% |
| Sep 30, 2022 | 23.40% |
| Jun 30, 2022 | 19.84% |
| Dec 31, 2021 | 27.31% |
| Sep 30, 2021 | 21.81% |
| Jun 30, 2021 | 63,333.33% |
| Dec 31, 2020 | 17.39% |
| Sep 30, 2020 | 24.13% |
| Dec 31, 2019 | 26.08% |
API Access
Cenovus Energy FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();