Cenovus Energy (CVE) FCF Payout Ratio (2009 - 2025)
Cenovus Energy's (CVE) quarterly FCF Payout Ratio came in at 0.16 in Q4 2025, up 7.99% year-over-year from 0.15 in Q4 2024, and up 70.07% quarter-over-quarter from 0.53 in Q3 2025.
Analysis
Cenovus Energy (CVE) FCF Payout Ratio (2009 - 2025) Analysis & Trends
Cenovus Energy has disclosed FCF Payout Ratio across 17 years of filings, most recently posting 0.16 for Q4 2025.
- In Q4 2025, FCF Payout Ratio rose 7.99% year-over-year to 0.16; the TTM figure through Dec 2025 stood at 0.25 (down 12.48% YoY), while the FY2025 annual figure was 0.21, up 156.84% from the prior year.
- FCF Payout Ratio came in at 0.16 for Q4 2025 at Cenovus Energy, up from 0.53 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.7 in Q1 2023 to a low of 0.53 in Q3 2025.
- Average FCF Payout Ratio over 5 years is 0.08, with a median of 0.08 recorded in 2022.
- Year-over-year, FCF Payout Ratio surged 2239.45% in 2023 and slumped 1243.8% in 2024.
- Over 5 years, FCF Payout Ratio stood at 0.02 in 2021, then sank by 212.91% to 0.07 in 2022, then tumbled by 35.42% to 0.09 in 2023, then plunged by 87.14% to 0.17 in 2024, then advanced by 7.99% to 0.16 in 2025.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.16 in Q4 2025, 0.53 in Q3 2025, and 0.16 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 0.19 |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 0.08 |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | 0.14 |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | - |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 0.15 |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 0.08 |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 0.16 |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 0.19 |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 0.12 |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 0.16 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -0.16 |
| Sep 30, 2025 | -0.53 |
| Jun 30, 2025 | -0.16 |
| Mar 31, 2025 | -0.25 |
| Dec 31, 2024 | -0.17 |
| Sep 30, 2024 | -0.33 |
| Jun 30, 2024 | -0.21 |
| Mar 31, 2024 | -0.14 |
| Dec 31, 2023 | -0.09 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | -0.13 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | -0.07 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | -0.05 |
| Mar 31, 2022 | -0.03 |
| Dec 31, 2021 | -0.02 |
| Sep 30, 2021 | -0.01 |
| Jun 30, 2021 | -0.02 |
| Mar 31, 2021 | -0.05 |