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.
Powered by 
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 | 702.52 Bn | 660.66 Bn | - | 15.59% |
| 2 | Chevron | 427.59 Bn | 399.71 Bn | 33.45 Bn | 10.89% |
| 3 | Shell | 299.61 Bn | 159.87 Bn | - | 8.83% |
| 4 | TotalEnergies SE | 197.84 Bn | 68.92 Bn | 31,614.00 | 8.52% |
| 5 | Conocophillips | 165.71 Bn | 138.42 Bn | 12.81 Bn | 14.29% |
| 6 | Equinor Asa | 111.12 Bn | 23.97 Bn | 4.49 Bn | 26.83% |
| 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 | 37.13% |
| 9 | Suncor Energy | 88.02 Bn | 73.77 Bn | - | 26.48% |
| 10 | Cenovus Energy | 51.43 Bn | 43.14 Bn | - | 16.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 16.61% |
| Sep 30, 2025 | 13.62% |
| Jun 30, 2025 | 10.29% |
| Mar 31, 2025 | 12.64% |
| Dec 31, 2024 | 16.53% |
| Sep 30, 2024 | 14.96% |
| Jun 30, 2024 | 15.64% |
| Mar 31, 2024 | 17.65% |
| Dec 31, 2023 | 18.57% |
| Sep 30, 2023 | 17.66% |
| Jun 30, 2023 | 14.99% |
| Mar 31, 2023 | 21.45% |
| Dec 31, 2022 | 25.65% |
| Sep 30, 2022 | 18.45% |
| Jun 30, 2022 | 16.20% |
| Mar 31, 2022 | 8.91% |
| Dec 31, 2021 | 2.74% |
| Sep 30, 2021 | 3.38% |
| Jun 30, 2021 | 0.59% |
| Mar 31, 2021 | -1.51% |
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();