Cenovus Financial Statements From 2010 to 2026

CVE Stock  CAD 32.20  0.02  0.06%   
Reviewing Cenovus Energy's quarterly and annual reports helps investors assess management's capital allocation decisions and long-term strategic positioning. Key valuation metrics are highlighted below:
 Gross Profit
10.7 B
 Profit Margin
0.0791
 Market Capitalization
60.7 B
 Enterprise Value Revenue
1.3157
 Revenue
49.7 B
We have found one hundred twenty available fundamental signals for Cenovus Energy, which can be analyzed and compared to other ratios and to its peers in the industry. Traders should compare all of Cenovus Energy's prevailing fundamentals against the fundamentals between 2010 and 2026 to make sure the company is sustainable this year.
Total Revenue is advancing compared to historical levels. Cenovus Energy reported 49.7 Billion in Total Revenue for the previous period. As of March 12th, 2026, Gross Profit is anticipated to decline to approximately 3.1 B. In addition to that, Pretax Profit Margin is anticipated to decline to 0.06

Cenovus Energy Total Revenue

29.2 Billion
Review Cenovus Energy financial statements over time to add context on performance and capital structure. It connects Depreciation And Amortization of 2.9 B, Interest Expense of 507.9 M or Selling General Administrative of 492.4 M and ratios such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0183 or PTB Ratio of 1.76 with Cenovus Energy Valuation and Volatility context.
  
This module can also supplement Cenovus Energy Technical models. It frames trends without making advisory claims. Review Cenovus Energy Correlation against competitors for Cenovus Energy. This provides competitive positioning context.
To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.

Cenovus Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets39.2 B63.4 B37.5 B
Slightly volatile
Short and Long Term Debt Total9.8 B17 B9.3 B
Slightly volatile
Other Current Liabilities420.9 M443 M2.5 B
Pretty Stable
Total Current Liabilities4.4 B6.3 B4.2 B
Slightly volatile
Total Stockholder Equity18.8 B31.6 B18 B
Slightly volatile
Property Plant And Equipment Net29.2 B47.4 B28 B
Slightly volatile
Net Debt7.5 B14.3 BB
Slightly volatile
Accounts Payable5.8 B5.5 B1.4 B
Slightly volatile
Cash1.9 B2.7 B1.9 B
Slightly volatile
Non Current Assets Total32.6 B53.5 B31 B
Slightly volatile
Non Current Assets Other747.3 M718 M715.1 M
Slightly volatile
Cash And Short Term Investments1.9 B2.7 B1.9 B
Slightly volatile
Net Receivables2.2 B3.4 BB
Slightly volatile
Good Will1.9 B2.9 B1.8 B
Slightly volatile
Common Stock Shares Outstanding1.3 B1.8 B1.2 B
Slightly volatile
Liabilities And Stockholders Equity39.2 B63.4 B37.5 B
Slightly volatile
Non Current Liabilities Total16.1 B25.5 B15.3 B
Slightly volatile
Inventory2.1 B3.3 B2.1 B
Slightly volatile
Other Current Assets455.5 M353 M451 M
Very volatile
Other Stockholder Equity172.9 M182 M3.7 B
Slightly volatile
Total Liabilities20.5 B31.8 B19.5 B
Slightly volatile
Property Plant And Equipment Gross83 B79 B38.8 B
Slightly volatile
Total Current Assets6.6 B9.9 B6.5 B
Slightly volatile
Accumulated Other Comprehensive Income425.2 M405 M753.1 M
Slightly volatile
Short Term Debt350.6 M369 MB
Pretty Stable
Retained Earnings12.9 B12.3 B4.1 B
Slightly volatile
Common Stock Total Equity8.2 B12.7 B8.2 B
Slightly volatile
Common Stock11.8 B18.6 B10 B
Slightly volatile
Other Liabilities6.8 B10.4 B6.7 B
Slightly volatile
Net Tangible Assets16.5 B27.7 B15.9 B
Slightly volatile
Other AssetsB1.9 B552 M
Slightly volatile
Long Term Debt8.7 B11 B7.7 B
Slightly volatile
Long Term Investments579.6 M552 M220.6 M
Slightly volatile
Short and Long Term Debt312.1 M328.5 M3.3 B
Slightly volatile
Property Plant Equipment33.9 B48 B28.9 B
Slightly volatile
Deferred Long Term Liabilities3.1 B5.2 B3.7 B
Slightly volatile
Short Term Investments507.3 M777 M528.7 M
Very volatile
Long Term Debt Total10.8 B13.8 B8.9 B
Slightly volatile
Capital Surpluse283.1 M298 M3.4 B
Slightly volatile
Non Current Liabilities Other260.7 M377 M166.4 M
Slightly volatile
Net Invested Capital35.8 B42.5 B31.5 B
Slightly volatile
Net Working Capital2.7 B3.6 B1.7 B
Slightly volatile
Capital Stock16.3 B18.7 B13.1 B
Slightly volatile
Capital Lease Obligations2.9 B3.2 B2.3 B
Slightly volatile

Cenovus Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.9 B5.4 B2.8 B
Slightly volatile
Interest Expense507.9 M467 M481.3 M
Slightly volatile
Selling General Administrative492.4 M812 M472.2 M
Slightly volatile
Selling And Marketing Expenses784.2 M958.5 MB
Slightly volatile
Total Revenue29.2 B49.7 B28.4 B
Slightly volatile
Other Operating Expenses26.6 B45.3 B25.9 B
Slightly volatile
Cost Of Revenue26.1 B44.5 B25.4 B
Slightly volatile
Total Operating Expenses554.2 M812 M534.4 M
Slightly volatile
Research Development25.7 M13.8 M19.3 M
Pretty Stable
Non Recurring856.1 M815.4 M582.8 M
Slightly volatile
Interest Income156.8 M165 M857.6 M
Slightly volatile
Reconciled Depreciation4.3 B5.2 B3.1 B
Slightly volatile

Cenovus Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.7 B3.1 B1.8 B
Slightly volatile
Capital Expenditures2.9 B4.8 B2.7 B
Slightly volatile
Total Cash From Operating Activities4.7 B8.2 B4.4 B
Slightly volatile
End Period Cash Flow1.9 B2.7 B1.9 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.190.84570.9967
Slightly volatile
Dividend Yield0.01830.03420.0226
Very volatile
PTB Ratio1.761.3291.532
Slightly volatile
Days Sales Outstanding34.7625.324430.685
Slightly volatile
Book Value Per Share11.3817.480514.1886
Slightly volatile
Operating Cash Flow Per Share3.874.54613.4655
Very volatile
PB Ratio1.761.3291.532
Slightly volatile
EV To Sales1.531.13291.2909
Slightly volatile
Inventory Turnover14.5513.287513.4611
Pretty Stable
Days Of Inventory On Hand23.3627.469328.6581
Very volatile
Payables Turnover7.688.08875.2139
Slightly volatile
Research And Ddevelopement To Revenue0.00139.0E-40.0013
Slightly volatile
Capex To Revenue0.130.0970.1105
Slightly volatile
Cash Per Share1.181.51391.6037
Very volatile
POCF Ratio6.765.10778.4562
Very volatile
Capex To Operating Cash Flow0.940.58580.8755
Pretty Stable
Days Payables Outstanding47.3945.128815.4432
Slightly volatile
EV To Operating Cash Flow9.586.842412.1402
Very volatile
Intangibles To Total Assets0.03660.04630.0445
Slightly volatile
Current Ratio1.231.56641.5668
Very volatile
Tangible Book Value Per Share10.2815.858912.8496
Pretty Stable
Receivables Turnover10.3814.41313.3053
Slightly volatile
Graham Number18.0429.216422.5015
Very volatile
Shareholders Equity Per Share11.3817.471714.1864
Slightly volatile
Debt To Equity0.580.5380.5192
Slightly volatile
Capex Per Share2.682.66312.4179
Slightly volatile
Revenue Per Share16.927.457821.463
Pretty Stable
Interest-Bearing Debt Per Share8.589.6587.7818
Pretty Stable
Debt To Assets0.260.26820.2406
Very volatile
Short Term Coverage Ratios27.4222.298121.5827
Slightly volatile
Operating Cycle66.8852.793759.8584
Pretty Stable
Price Book Value Ratio1.761.3291.532
Slightly volatile
Days Of Payables Outstanding47.3945.128815.4432
Slightly volatile
Price To Operating Cash Flows Ratio6.765.10778.4562
Very volatile
Company Equity Multiplier2.382.00572.1648
Slightly volatile
Long Term Debt To Capitalization0.350.30440.3181
Slightly volatile
Total Debt To Capitalization0.370.34980.3393
Slightly volatile
Debt-to-Equity Ratio0.580.5380.5192
Slightly volatile
Quick Ratio1.21.0361.1335
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.021.3151.2641
Slightly volatile
Net Income Per E B T0.640.87780.793
Very volatile
Cash Ratio0.360.4340.4904
Very volatile
Operating Cash Flow Sales Ratio0.180.16560.1516
Pretty Stable
Days Of Inventory Outstanding23.3627.469328.6581
Very volatile
Days Of Sales Outstanding34.7625.324430.685
Slightly volatile
Cash Flow Coverage Ratios0.40.48360.4904
Very volatile
Price To Book Ratio1.761.3291.532
Slightly volatile
Fixed Asset Turnover0.761.04820.9578
Pretty Stable
Capital Expenditure Coverage Ratio1.221.70711.5134
Slightly volatile
Price Cash Flow Ratio6.765.10778.4562
Very volatile
Debt Ratio0.260.26820.2406
Very volatile
Cash Flow To Debt Ratio0.40.48360.4904
Very volatile
Price Sales Ratio1.190.84570.9967
Slightly volatile
Asset Turnover0.560.78360.7047
Pretty Stable
Price Fair Value1.761.3291.532
Slightly volatile

Cenovus Fundamental Market Drivers

Forward Price Earnings21.978
Cash And Short Term Investments2.7 B

About Cenovus Energy Inc

Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada. CENOVUS ENERGY operates under Oil Gas Integrated classification in Canada and is traded on Toronto Stock Exchange. It employs 5938 people. The profile for Cenovus Energy integrates fundamentals, price behavior, and sector exposure. Defensive traits reduce macro sensitivity. Cenovus Energy has a market cap of 60.7 B, P/E of 10.52, ROE of 12.8%.

Methodology

Unless otherwise specified, financial data for Cenovus Energy is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Cenovus (CA:CVE) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: We use public filings and market reference sources with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Analyst Sources

Cenovus Energy may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.

Pair Trading with Cenovus Energy

Pair trading with Cenovus Energy can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.

Moving together with Cenovus Stock

  0.81ENB-PFV Enbridge Pref 5PairCorr
  0.76ENB-PFC Enbridge Pref 11PairCorr
  0.82ENB-PFU Enbridge Pref LPairCorr
  0.9ENS E Split CorpPairCorr

Moving against Cenovus Stock

  0.75SAGE Sage Potash CorpPairCorr
  0.33ENS-PA E Split CorpPairCorr
Using correlated positions as Cenovus Energy substitutes during tax-loss harvesting allows investors to capture a tax benefit without disrupting portfolio allocation. The key is finding instruments that track Cenovus Energy closely enough to maintain equivalent risk and return.
The correlation of Cenovus Energy with other assets is a key diversification metric. Pairing Cenovus Energy with uncorrelated or negatively correlated instruments can reduce overall portfolio volatility without necessarily reducing expected returns.
Correlation analysis and pair trading evaluation for Cenovus Energy can be used to frame hedging context. The view can be extended across sectors or other related groups.
Pair CorrelationCorrelation Matching

More Resources for Cenovus Stock Analysis

A structured review of Cenovus Energy often starts with core financial statements and trend context. Ratios and trend metrics help frame Cenovus Energy's operating context. Key reports that frame Cenovus Energy Stock are listed below:
Review Cenovus Energy Correlation against competitors for Cenovus Energy. This provides competitive positioning context.
To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.
Analysis related to Cenovus Energy should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Note that Cenovus Energy's intrinsic value and market price are different measures derived from different inputs. For Cenovus Energy, key inputs include a P/E ratio of 10.52, a P/B ratio of 1.84, a profit margin of 7.91%, and ROE of 12.8%. Market price reflects the current exchange level formed by active bids and offers.