Cenovus Energy (CVE) Tax Rate (2009 - 2026)

Cenovus Energy (CVE) has 18 years of Tax Rate data on file, last reported at 24.66% in Q1 2026.

• Quarterly Tax Rate rose 68.0% year-over-year to 24.66% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.57% (down 795.0% YoY) and the FY2025 annual result came in at 12.22%, down 1060.0% from the prior year.
• Tax Rate improved to 24.66% in Q1 2026 per CVE's latest filing, from 9.67% in the prior quarter.
• The five-year high for Tax Rate was 25.7% in Q2 2022, with the low at 7.25% in Q1 2023.
• Average Tax Rate over 5 years is 18.5%, with a median of 23.37% recorded in 2023.
• Year-over-year, Tax Rate jumped 19822 bps in 2022 and plunged 3230 bps in 2023.
• Cenovus Energy's Tax Rate stood at 24.4% in 2022, then declined by 3 bps to 23.72% in 2023, then slipped by 13 bps to 20.65% in 2024, then tumbled by 53 bps to 9.67% in 2025, then surged by 155 bps to 24.66% in 2026.
• Business Quant data shows CVE's Tax Rate at 24.66% in Q1 2026, 9.67% in Q4 2025, and 0.85% in Q3 2025.