Cenovus Energy (CVE) Tax Rate (2009 - 2025)
Cenovus Energy (CVE) recorded Tax Rate of 12.22% in FY2025, down 10.60 percentage points from 22.82% in FY2024.
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Analysis
Cenovus Energy (CVE) Tax Rate (2009 - 2025) Analysis & Trends
Starting with FY2009, Cenovus Energy's Tax Rate history includes 11 years.
- Annual Tax Rate has a four-year change of -43.14 percentage points (FY2021 to FY2025).
- The FY2025 figure is the lowest annual Tax Rate since FY2010.
- Per Business Quant data, CVE's Tax Rate was 22.82% in FY2024 (+4.35 pp), 18.47% in FY2023 (-7.65 pp), 26.13% in FY2022 (-29.24 pp) and 55.36% in FY2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 24.55% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 26.42% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | - |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | - |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 35.37% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 26.09% |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 20.67% |
| 10 | Cenovus Energy | 49.67 Bn | 39.63 Bn | 3.24 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.85% |
| Jun 30, 2025 | 16.24% |
| Mar 31, 2025 | 23.98% |
| Sep 30, 2024 | 19.92% |
| Jun 30, 2024 | 23.61% |
| Mar 31, 2024 | 24.32% |
| Sep 30, 2023 | 23.13% |
| Jun 30, 2023 | 17.37% |
| Sep 30, 2022 | 28.58% |
| Jun 30, 2022 | 25.70% |
| Mar 31, 2022 | 25.05% |
| Sep 30, 2021 | 33.93% |
| Jun 30, 2021 | 33.33% |
| Mar 31, 2021 | 25.17% |
| Sep 30, 2019 | 21.76% |
| Mar 31, 2019 | 29.94% |
| Jun 30, 2017 | 20.71% |
| Mar 31, 2017 | 18.85% |
| Sep 30, 2015 | 10.84% |
| Jun 30, 2015 | 30.00% |
API Access
Cenovus Energy Tax Rate 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=tax-rate&ticker=CVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();