Growth Metrics

Cenovus Energy (CVE) Return on Capital Employed (2016 - 2026)

Cenovus Energy's Return on Capital Employed history spans 17 years, with the latest figure at 12.1% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed rose 4.0% to 12.1% in Q1 2026 year-over-year; TTM through Mar 2026 was 12.1%, a 4.0% increase, with the full-year FY2025 number at 10.19%, down 202.0% from a year prior.
  • Return on Capital Employed hit 12.1% in Q1 2026 for Cenovus Energy, up from 10.5% in the prior quarter.
  • Over the last five years, Return on Capital Employed for CVE hit a ceiling of 67.13% in Q4 2022 and a floor of 10.5% in Q4 2025.
  • Historically, Return on Capital Employed has averaged 19.44% across 5 years, with a median of 13.61% in 2023.
  • Biggest five-year swings in Return on Capital Employed: skyrocketed 3866bps in 2022 and later tumbled -5396bps in 2023.
  • Tracing CVE's Return on Capital Employed over 5 years: stood at 67.13% in 2022, then plummeted by -80bps to 13.17% in 2023, then rose by 0bps to 13.2% in 2024, then fell by -20bps to 10.5% in 2025, then grew by 15bps to 12.1% in 2026.
  • Business Quant data shows Return on Capital Employed for CVE at 12.1% in Q1 2026, 10.5% in Q4 2025, and 10.53% in Q3 2025.