Cenovus Energy (CVE) Return on Equity [ROE] (2010 - 2026)
Cenovus Energy (CVE) recorded Return on Equity [ROE] of 21.50% in Q3 2026.
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Analysis
Cenovus Energy (CVE) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For FY2025, Cenovus Energy reported Return on Equity [ROE] of 12.94%, up 2.17 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +25.71 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 10.76% in FY2024 (-3.38 pp), 14.15% in FY2023 (-10.20 pp) and 24.35% in FY2022.
- The Q3 2026 figure is the highest quarterly Return on Equity [ROE] since Q4 2022.
- On a year-over-year basis, Return on Equity [ROE] rose in 1 of the last four quarters, with an average year-over-year change of -3.08 percentage points.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 22.90 percentage points in Q4 2022, against a drop of 7.08 percentage points in Q4 2023 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 15.59% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 13.85% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 8.83% |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 8.52% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 14.72% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 14.29% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 26.83% |
| 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 | 37.13% |
| 10 | Cenovus Energy | 49.67 Bn | 39.63 Bn | 3.24 Bn | 21.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.50% |
| 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% |
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();