Cenovus Energy (CVE) Goodwill (2009 - 2025)
Cenovus Energy's Goodwill came in at $2.09 billion for the quarter ended Dec 31, 2025, down 0.2% from $2.09 billion a year earlier.
Analysis
Cenovus Energy (CVE) Goodwill (2009 - 2025) Analysis & Trends
As of Dec 31, 2025, Cenovus Energy's Goodwill was $2.08 billion, down 2.4% from the prior year.
- Goodwill has declined in each of the last four years, though with a five-year compound annual growth rate of 4.2% (years ended Dec 2020 to Dec 2025).
- Going back by year, Goodwill was $2.13 billion in the year ended Dec 31, 2024 (-1.5%), $2.17 billion in the year ended Dec 31, 2023 (-3.6%), $2.25 billion in the year ended Dec 31, 2022 (-18.9%) and $2.77 billion in the year ended Dec 31, 2021 (+63.4%).
- The figure for the quarter ended Dec 31, 2025 represents the lowest quarterly Goodwill since the quarter ended Dec 31, 2020.
- The fastest year-over-year change in Goodwill over five years came in the quarter ended Dec 31, 2021 (growth of 58.1%), and the weakest in the quarter ended Dec 31, 2022 (a decline of 21.8%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn |
| 10 | Cenovus Energy | 59.10 Bn | 50.78 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.09 Bn |
| Sep 30, 2025 | 2.12 Bn |
| Jun 30, 2025 | 2.92 Bn |
| Mar 31, 2025 | 2.92 Bn |
| Dec 31, 2024 | 2.09 Bn |
| Sep 30, 2024 | 2.14 Bn |
| Jun 30, 2024 | 2.92 Bn |
| Mar 31, 2024 | 2.92 Bn |
| Dec 31, 2023 | 2.15 Bn |
| Sep 30, 2023 | 2.18 Bn |
| Jun 30, 2023 | 2.92 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Dec 31, 2022 | 2.15 Bn |
| Jun 30, 2022 | 2.72 Bn |
| Mar 31, 2022 | 3.47 Bn |
| Dec 31, 2021 | 2.76 Bn |
| Sep 30, 2021 | 2.37 Bn |
| Jun 30, 2021 | 2.98 Bn |
| Mar 31, 2021 | 2.98 Bn |
| Dec 31, 2020 | 1.74 Bn |
API Access
Cenovus Energy Goodwill 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=goodwill&ticker=CVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();