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Cenovus Energy stock: key metrics
CVECenovus Energy had an operating margin of 8.8% and a return on invested capital (ROIC) of 9.2% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2008 | 34.0% | 20.0% | 14.3% |
| 2009 | 36.9% | 12.2% | 7.1% |
| 2010 | 20.8% | 8.8% | 8.3% |
| 2011 | 24.4% | 13.6% | 9.1% |
| 2012 | 24.6% | 12.2% | 5.8% |
| 2013 | 22.9% | 10.7% | 3.5% |
| 2014 | 21.2% | 8.4% | 3.7% |
| 2015 | 11.7% | −3.1% | no data |
| 2016 | 12.5% | −2.0% | −4.9% |
| 2017 | 19.8% | 1.4% | no data |
| 2018 | 19.1% | −5.8% | −12.5% |
| 2019 | 21.8% | 20.2% | 10.7% |
| 2020 | −2.4% | 0.0% | −17.1% |
| 2021 | 18.7% | 7.2% | 1.2% |
| 2022 | 23.9% | 14.4% | 9.0% |
| 2023 | 22.9% | 10.1% | 7.4% |
| 2024 | 22.1% | 8.8% | 5.4% |
| 2025 | 10.5% | 8.8% | 7.9% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2008 | 30.6% | 18.8% | 12.8% |
| 2009 | 8.5% | 6.2% | 3.8% |
| 2010 | 10.8% | 6.2% | 4.9% |
| 2011 | 15.8% | 10.6% | 6.7% |
| 2012 | 10.2% | 9.1% | 4.1% |
| 2013 | 6.7% | 9.5% | 2.6% |
| 2014 | 7.3% | 7.7% | 3.0% |
| 2015 | no data | −2.5% | no data |
| 2016 | −4.7% | −1.2% | −2.2% |
| 2017 | no data | 1.1% | no data |
| 2018 | −15.3% | −3.6% | −7.6% |
| 2019 | 11.4% | 15.5% | 6.1% |
| 2020 | −14.2% | 0.0% | −7.3% |
| 2021 | 2.5% | 5.7% | 1.1% |
| 2022 | 23.4% | 21.6% | 11.5% |
| 2023 | 14.3% | 12.9% | 7.6% |
| 2024 | 10.6% | 10.6% | 5.6% |
| 2025 | 12.4% | 9.2% | 6.2% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 12 Nov 2026, previously Neutral
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.