Cenovus Energy (CVE) Net Margin (2009 - 2026)
Cenovus Energy (CVE) posted Net Margin of 16.47% for Q2 2026, up 29.61% sequentially from 12.71% in Q1 2026, and up 956.0% YoY from 1.56% in Q2 2025.
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Analysis
Cenovus Energy (CVE) Net Margin (2009 - 2026) Analysis & Trends
Cenovus Energy has reported Net Margin for 18 years, with the latest figure at 16.47% in Q2 2026.
- Quarterly Net Margin rose 956.0% year-over-year to 16.47% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 10.53% (up 444.0% YoY) and the FY2025 annual result came in at 7.91%, up 212.0% from the prior year.
- Net Margin grew to 16.47% in Q2 2026 per CVE's latest filing, from 12.71% in the prior quarter.
- Over five years, Net Margin peaked at 16.47% in Q2 2026 and troughed at 1.14% in Q4 2024.
- A 5-year average of 8.09% and a median of 7.47% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2026: Net Margin tumbled 452 bps in 2024, then surged 956 bps in 2026.
- Over 5 years, Net Margin stood at 5.25% in 2022, then rose by 8 bps to 5.66% in 2023, then tumbled by 80 bps to 1.14% in 2024, then soared by 653 bps to 8.58% in 2025, then soared by 92 bps to 16.47% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 16.47%, 12.71%, and 8.58% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 11.43% |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 17.41% |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 8.80% |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 229.40% |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 9.17% |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -570.52% |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 13.63% |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 16.47% |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 190.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.47% |
| Mar 31, 2026 | 12.71% |
| Dec 31, 2025 | 8.58% |
| Sep 30, 2025 | 7.72% |
| Jun 30, 2025 | 6.91% |
| Mar 31, 2025 | 6.46% |
| Dec 31, 2024 | 1.14% |
| Sep 30, 2024 | 7.23% |
| Jun 30, 2024 | 6.86% |
| Mar 31, 2024 | 9.00% |
| Dec 31, 2023 | 5.66% |
| Sep 30, 2023 | 8.62% |
| Jun 30, 2023 | 7.08% |
| Mar 31, 2023 | 5.19% |
| Dec 31, 2022 | 5.25% |
| Sep 30, 2022 | 10.72% |
| Jun 30, 2022 | 10.64% |
| Mar 31, 2022 | 9.35% |
| Dec 31, 2021 | -2.81% |
| Sep 30, 2021 | 4.10% |