Cenovus Energy (CVE) Non-Current Deferred Tax Liability (2009 - 2026)

Cenovus Energy (CVE) posted Non-Current Deferred Tax Liability of $4.2 billion for Q1 2026, little changed sequentially from $4.2 billion in Q4 2025, and up 49.03% YoY from $2.8 billion in Q1 2025.

Cenovus Energy (CVE) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends

Cenovus Energy (CVE) has 18 years of Non-Current Deferred Tax Liability data on file, last reported at $4.2 billion in Q1 2026.

  • Quarterly Non-Current Deferred Tax Liability rose 49.03% year-over-year to $4.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.2 billion (up 49.03% YoY) and the FY2025 annual result came in at $4.2 billion, up 42.27% from the prior year.
  • Non-Current Deferred Tax Liability steadied at $4.2 billion in Q1 2026 per CVE's latest filing, from $4.2 billion in the prior quarter.
  • The five-year high for Non-Current Deferred Tax Liability was $4.2 billion in Q4 2025, with the low at -$377.4 million in Q3 2022.
  • Average Non-Current Deferred Tax Liability over 5 years is $2.9 billion, with a median of $3.0 billion recorded in 2023.
  • Year-over-year, Non-Current Deferred Tax Liability slipped 22.89% in 2023 and surged 49.03% in 2026.
  • Cenovus Energy's Non-Current Deferred Tax Liability stood at $3.3 billion in 2022, then retreated by 22.89% to $2.6 billion in 2023, then advanced by 12.89% to $2.9 billion in 2024, then soared by 45.44% to $4.2 billion in 2025, then dropped by 0.2% to $4.2 billion in 2026.
  • Business Quant data shows CVE's Non-Current Deferred Tax Liability at $4.2 billion in Q1 2026, $4.2 billion in Q4 2025, and $2.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn
6 Equinor Asa 77.88 Bn 70.78 Bn -
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00
10 Cenovus Energy - - 6.46 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.20 Bn
Mar 31, 2026 4.20 Bn
Dec 31, 2025 4.21 Bn
Dec 31, 2025 4.21 Bn
Sep 30, 2025 2.87 Bn
Sep 30, 2025 2.87 Bn
Jun 30, 2025 2.89 Bn
Jun 30, 2025 2.89 Bn
Mar 31, 2025 2.82 Bn
Mar 31, 2025 2.82 Bn
Dec 31, 2024 2.90 Bn
Dec 31, 2024 2.90 Bn
Sep 30, 2024 3.02 Bn
Sep 30, 2024 3.02 Bn
Jun 30, 2024 2.96 Bn
Jun 30, 2024 2.96 Bn
Mar 31, 2024 3.03 Bn
Mar 31, 2024 3.03 Bn
Dec 31, 2023 2.56 Bn
Dec 31, 2023 2.56 Bn