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Cenovus Energy (CVE) Tax Rate (2016 - 2026)

Cenovus Energy's Tax Rate history spans 18 years, with the latest figure at 24.66% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 68.0% to 24.66% in Q1 2026 year-over-year; TTM through Mar 2026 was 14.57%, a 795.0% decrease, with the full-year FY2025 number at 12.22%, down 1060.0% from a year prior.
  • Tax Rate hit 24.66% in Q1 2026 for Cenovus Energy, up from 9.67% in the prior quarter.
  • Over the last five years, Tax Rate for CVE hit a ceiling of 25.7% in Q2 2022 and a floor of 7.25% in Q1 2023.
  • Historically, Tax Rate has averaged 18.5% across 5 years, with a median of 23.37% in 2023.
  • Biggest five-year swings in Tax Rate: surged 19822bps in 2022 and later plummeted -3230bps in 2023.
  • Tracing CVE's Tax Rate over 5 years: stood at 24.4% in 2022, then fell by -3bps to 23.72% in 2023, then dropped by -13bps to 20.65% in 2024, then crashed by -53bps to 9.67% in 2025, then soared by 155bps to 24.66% in 2026.
  • Business Quant data shows Tax Rate for CVE at 24.66% in Q1 2026, 9.67% in Q4 2025, and 0.85% in Q3 2025.