Cenovus Energy (CVE) Net Margin (2009 - 2026)
Cenovus Energy (CVE) posted Net Margin of 12.71% for Q1 2026, up 48.06% sequentially from 8.58% in Q4 2025, and up 625.0% YoY from 1.75% in Q1 2025.
Cenovus Energy (CVE) Net Margin (2009 - 2026) Analysis & Trends
Cenovus Energy (CVE) has 18 years of Net Margin data on file, last reported at 12.71% in Q1 2026.
- Quarterly Net Margin rose 625.0% year-over-year to 12.71% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.53% (up 434.0% YoY) and the FY2025 annual result came in at 7.91%, up 212.0% from the prior year.
- Net Margin improved to 12.71% in Q1 2026 per CVE's latest filing, from 8.58% in the prior quarter.
- The five-year high for Net Margin was 12.79% in Q3 2023, with the low at 1.14% in Q4 2024.
- Average Net Margin over 5 years is 7.77%, with a median of 6.99% recorded in 2023.
- Year-over-year, Net Margin surged 962 bps in 2022 and plunged 685 bps in 2024.
- Cenovus Energy's Net Margin stood at 5.25% in 2022, then gained by 8 bps to 5.66% in 2023, then plunged by 80 bps to 1.14% in 2024, then jumped by 653 bps to 8.58% in 2025, then jumped by 48 bps to 12.71% in 2026.
- Business Quant data shows CVE's Net Margin at 12.71% in Q1 2026, 8.58% in Q4 2025, and 9.75% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 26.37% |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 7.35% |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | -3.92% |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | -7.11% |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | 0.00% |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 28.85% |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | -591.90% |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | - |
| 10 | Cenovus Energy | - | - | 6.46 Bn | 12.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.71% |
| Dec 31, 2025 | 8.58% |
| Sep 30, 2025 | 9.75% |
| Jun 30, 2025 | 6.91% |
| Mar 31, 2025 | 6.46% |
| Dec 31, 2024 | 1.14% |
| Sep 30, 2024 | 5.93% |
| Jun 30, 2024 | 6.86% |
| Mar 31, 2024 | 9.00% |
| Dec 31, 2023 | 5.66% |
| Sep 30, 2023 | 12.79% |
| Jun 30, 2023 | 7.08% |
| Mar 31, 2023 | 5.19% |
| Dec 31, 2022 | 5.25% |
| Jun 30, 2022 | 11.72% |
| Mar 31, 2022 | 9.35% |
| Dec 31, 2021 | -2.81% |
| Sep 30, 2021 | 4.10% |
| Jun 30, 2021 | 2.11% |
| Mar 31, 2021 | 2.28% |