Cenovus Energy (CVE) Net Margin (2009 - 2026)
Cenovus Energy's (CVE) quarterly Net Margin came in at 12.71% in Q1 2026, up 625.0% year-on-year from 1.75% in Q1 2025, and up 48.06% quarter-over-quarter from 8.58% in Q4 2025.
Cenovus Energy (CVE) Net Margin (2009 - 2026) Analysis & Trends
Cenovus Energy has disclosed Net Margin across 18 years of filings, most recently posting 12.71% for Q1 2026.
- Net Margin for Q1 2026 came in at 12.71%, up 625.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.53% (up 434.0% YoY), and the FY2025 annual result was 7.91%, up 212.0% from the prior year.
- Net Margin came in at 12.71% for Q1 2026 at Cenovus Energy, up from 8.58% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 12.79% in Q3 2023 to a low of 1.14% in Q4 2024.
- The 5-year median for Net Margin is 6.99% (2023), against an average of 7.77%.
- Across the five-year window, Net Margin jumped 962 bps in 2022 and slumped 685 bps in 2024, its largest moves.
- Cenovus Energy's Net Margin stood at 5.25% in 2022, then grew by 8 bps to 5.66% in 2023, then tumbled 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.
- The last three Net Margin figures came in at 12.71% (Q1 2026), 8.58% (Q4 2025), and 9.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 26.37% |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 5.25% |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 10.73% |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | -7.11% |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 12.71% |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 6.96% |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 7.35% |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 18.32% |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | 7.55% |
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% |