Cenovus Energy (CVE) Return on Invested Capital [ROIC] (2010 - 2025)
Cenovus Energy's Return on Invested Capital [ROIC] came in at 0.00% for the quarter ended Dec 31, 2025, unchanged from 0.00% a year earlier.
Cenovus Energy (CVE) Return on Invested Capital [ROIC] (2010 - 2025) Analysis & Trends
Going back to the quarter ended Dec 31, 2010, Cenovus Energy's Return on Invested Capital [ROIC] data covers 54 quarters.
- Return on Invested Capital [ROIC] carries a five-year change of +3.15 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Return on Invested Capital [ROIC] was 0.00% in the year ended Dec 31, 2024 (unchanged), 0.00% in the year ended Dec 31, 2023 (-2.51 pp), 2.51% in the year ended Dec 31, 2022 (+2.51 pp) and 0.00% in the year ended Dec 31, 2021 (+3.15 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 0.00% (the quarter ended Sep 30, 2021) to 10.36% (the quarter ended Jun 30, 2023).
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in the quarter ended Mar 31, 2023 (a gain of 5.16 percentage points), and the weakest in the quarter ended Jun 30, 2024 (a drop of 7.40 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 11.12% |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 28.91% |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | -30.32% |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 44.06% |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 6.74% |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 22.50% |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | -181.46% |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 51.62% |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 220.98% |
| 10 | Cenovus Energy | 59.10 Bn | 50.78 Bn | - | 18.67% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 18.67% |
| Sep 30, 2025 | 15.06% |
| Jun 30, 2025 | 10.81% |
| Mar 31, 2025 | 14.21% |
| Dec 31, 2024 | 18.54% |
| Sep 30, 2024 | 14.47% |
| Jun 30, 2024 | 14.18% |
| Mar 31, 2024 | 17.26% |
| Dec 31, 2023 | 18.94% |
| Sep 30, 2023 | 15.26% |
| Jun 30, 2023 | 11.79% |
| Mar 31, 2023 | 17.70% |
| Jun 30, 2022 | 13.95% |
| Mar 31, 2022 | 6.98% |
| Dec 31, 2021 | 3.83% |
| Sep 30, 2021 | 4.84% |
| Jun 30, 2021 | 0.90% |
| Mar 31, 2021 | 0.19% |
| Dec 31, 2020 | -3.56% |
| Sep 30, 2020 | -3.22% |
Cenovus Energy Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=CVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();