Cenovus Energy (CVE) Return on Equity [ROE] (2010 - 2025)
Cenovus Energy (CVE) recorded Return on Equity [ROE] of 15.31% in the quarter ended Dec 31, 2025, up 1.90 percentage points from 13.41% a year earlier.
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Analysis
Cenovus Energy (CVE) Return on Equity [ROE] (2010 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Cenovus Energy reported Return on Equity [ROE] of 13.11%, up 2.55 percentage points from the prior year.
- Annual Return on Equity [ROE] has a five-year change of +26.29 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Equity [ROE] came in at 10.55% in the year ended Dec 31, 2024 (-3.72 pp), 14.27% in the year ended Dec 31, 2023 (-9.42 pp), 23.69% in the year ended Dec 31, 2022 (+20.70 pp) and 2.99% in the year ended Dec 31, 2021 (+16.18 pp).
- The figure for the quarter ended Dec 31, 2025 is the highest quarterly Return on Equity [ROE] since the quarter ended Mar 31, 2024.
- On a year-over-year basis, Return on Equity [ROE] rose in 1 of the last six quarters, with an average year-over-year change of -6.57 percentage points.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 23.12 percentage points in the quarter ended Mar 31, 2023, against a drop of 15.35 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) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 12.80% |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 10.09% |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 10.89% |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 8.91% |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 10.16% |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 14.29% |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 23.06% |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 20.89% |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 98.28% |
| 10 | Cenovus Energy | 59.10 Bn | 50.78 Bn | - | 15.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 15.31% |
| Sep 30, 2025 | 10.99% |
| Jun 30, 2025 | 8.13% |
| Mar 31, 2025 | 9.99% |
| Dec 31, 2024 | 13.41% |
| Sep 30, 2024 | 13.62% |
| Jun 30, 2024 | 14.43% |
| Mar 31, 2024 | 16.44% |
| Dec 31, 2023 | 17.08% |
| Sep 30, 2023 | 15.08% |
| Jun 30, 2023 | 12.75% |
| Mar 31, 2023 | 18.90% |
| Jun 30, 2022 | 15.75% |
| Mar 31, 2022 | 8.67% |
| Dec 31, 2021 | 2.49% |
| Sep 30, 2021 | 3.39% |
| Jun 30, 2021 | 0.62% |
| Mar 31, 2021 | -1.72% |
| Dec 31, 2020 | -13.72% |
| Sep 30, 2020 | -10.74% |
API Access
Cenovus Energy Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=CVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();