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 | 694.97 Bn | 658.18 Bn | - | 7.26% |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 4.70% |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 6.36% |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 3.63% |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 3.83% |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 7.52% |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 8.67% |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 658.73% |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | - |
| 10 | Cenovus Energy | 59.10 Bn | 50.78 Bn | - | 7.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 7.85% |
| Sep 30, 2025 | 5.80% |
| Jun 30, 2025 | 4.31% |
| Mar 31, 2025 | 5.30% |
| Dec 31, 2024 | 7.15% |
| Sep 30, 2024 | 7.33% |
| Jun 30, 2024 | 7.77% |
| Mar 31, 2024 | 8.83% |
| Dec 31, 2023 | 9.07% |
| Sep 30, 2023 | 7.79% |
| Jun 30, 2023 | 6.53% |
| Mar 31, 2023 | 9.59% |
| Jun 30, 2022 | 7.16% |
| Mar 31, 2022 | 3.81% |
| Dec 31, 2021 | 1.10% |
| Sep 30, 2021 | 1.51% |
| Jun 30, 2021 | 0.27% |
| Mar 31, 2021 | -0.80% |
| Dec 31, 2020 | -9.36% |
| Sep 30, 2020 | -7.05% |
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();