Cenovus Energy (CVE) Return on Assets [ROA] (2010 - 2026)
Cenovus Energy (CVE) recorded Return on Assets [ROA] of 10.93% in Q3 2026.
Analysis
Cenovus Energy (CVE) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, Cenovus Energy reported Return on Assets [ROA] of 6.63%, up 0.89 percentage points from FY2024.
- Annual Return on Assets [ROA] has a five-year change of +13.33 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 5.75% in FY2024 (-1.76 pp), 7.51% in FY2023 (-4.22 pp), 11.73% in FY2022 (+9.78 pp) and 1.95% in FY2021 (+8.65 pp).
- The Q3 2026 figure is the highest quarterly Return on Assets [ROA] since Q4 2022.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 11.60 percentage points in Q4 2022, against a drop of 2.97 percentage points in Q2 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 8.98% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 8.25% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 4.18% |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 3.48% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 5.60% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 7.52% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 834.81% |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 15.10% |
| 10 | Cenovus Energy | 49.67 Bn | 39.63 Bn | 3.24 Bn | 10.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.93% |
| 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% |
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_KEY
import 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();