Cenovus Energy (CVE) Return on Assets [ROA] (2010 - 2025)
Cenovus Energy (CVE) recorded Return on Assets [ROA] of 7.85% in the quarter ended Dec 31, 2025, up 0.70 percentage points from 7.15% a year earlier.
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Analysis
Cenovus Energy (CVE) Return on Assets [ROA] (2010 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Cenovus Energy reported Return on Assets [ROA] of 6.72%, up 1.09 percentage points from the prior year.
- Annual Return on Assets [ROA] has a five-year change of +13.63 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Assets [ROA] came in at 5.63% in the year ended Dec 31, 2024 (-1.94 pp), 7.57% in the year ended Dec 31, 2023 (-3.84 pp), 11.41% in the year ended Dec 31, 2022 (+10.03 pp) and 1.39% in the year ended Dec 31, 2021 (+8.30 pp).
- The figure for the quarter ended Dec 31, 2025 is the highest quarterly Return on Assets [ROA] since the quarter ended Mar 31, 2024.
- On a year-over-year basis, Return on Assets [ROA] rose in 1 of the last six quarters, with an average year-over-year change of -3.34 percentage points.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 12.31 percentage points in the quarter ended Mar 31, 2023, against a drop of 7.30 percentage points in the quarter ended Mar 31, 2024 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 702.52 Bn | 660.66 Bn | - | 8.98% |
| 2 | Chevron | 427.59 Bn | 399.71 Bn | 33.45 Bn | 6.36% |
| 3 | Shell | 299.61 Bn | 159.87 Bn | - | 4.18% |
| 4 | TotalEnergies SE | 197.84 Bn | 68.92 Bn | 31,614.00 | 3.48% |
| 5 | Conocophillips | 165.71 Bn | 138.42 Bn | 12.81 Bn | 7.52% |
| 6 | Equinor Asa | 111.12 Bn | 23.97 Bn | 4.49 Bn | 834.81% |
| 7 | Canadian Natural Resources | 104.02 Bn | 101.03 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 102.56 Bn | 86.35 Bn | 10.69 Bn | 15.10% |
| 9 | Suncor Energy | 88.02 Bn | 73.77 Bn | - | 13.26% |
| 10 | Cenovus Energy | 51.43 Bn | 43.14 Bn | - | 8.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.52% |
| Sep 30, 2025 | 7.19% |
| Jun 30, 2025 | 5.45% |
| Mar 31, 2025 | 6.70% |
| Dec 31, 2024 | 8.82% |
| Sep 30, 2024 | 8.05% |
| Jun 30, 2024 | 8.42% |
| Mar 31, 2024 | 9.48% |
| Dec 31, 2023 | 9.86% |
| Sep 30, 2023 | 9.13% |
| Jun 30, 2023 | 7.68% |
| Mar 31, 2023 | 10.88% |
| Dec 31, 2022 | 12.81% |
| Sep 30, 2022 | 9.02% |
| Jun 30, 2022 | 7.36% |
| Mar 31, 2022 | 3.92% |
| Dec 31, 2021 | 1.21% |
| Sep 30, 2021 | 1.51% |
| Jun 30, 2021 | 0.26% |
| Mar 31, 2021 | -0.71% |
API Access
Cenovus Energy Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=CVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();