Cenovus Energy Inc. (CVE) Earnings History
Annual and quarterly earnings data from 2008 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 10.5% | 8.8% | 7.9% |
| 2024 | 22.1% | 8.8% | 5.4% |
| 2023 | 22.9% | 10.1% | 7.4% |
| 2022 | 23.9% | 14.4% | 9.0% |
| 2021 | 18.7% | 7.2% | 1.2% |
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Cenovus Energy Inc. (CVE) Earnings Overview
As of March 2, 2026, Cenovus Energy Inc. (CVE) reported trailing twelve-month net income of $3.14B, reflecting +0.3% year-over-year growth. The company earned $1.75 per diluted share over the past four quarters, with a net profit margin of 0.1%.
Looking at the long-term picture, CVE's historical earnings data spans multiple years. The company achieved its highest annual net income of $6.45B in fiscal 2022.
Cenovus Energy Inc. maintains positive profitability with a gross margin of 0.1%, operating margin of 0.1%, and net margin of 0.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including SU ($5.92B net income, 0.1% margin), IMO ($4.00B net income, 0.1% margin), CVE has room to improve margins relative to the peer group. Compare CVE vs SU →
Peer Comparison
Earnings metrics vs industry competitors
| Company | TTM Net Income | TTM EPS | Net Margin | ROE | YoY Growth | Compare |
|---|---|---|---|---|---|---|
CVECurrent | $3.1B | $1.75 | 0.1% | 0.1% | +0.3% | — |
SU | $5.9B | $4.93 | 0.1% | 0.1% | +0.0% | |
IMO | $4.0B | $7.92 | 0.1% | 0.2% | +0.1% |
Historical Data
18 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.93B | +25.0% | $4.38B | $2.15 | 7.9% | 8.8% |
| 2024 | $3.14B | -23.5% | $5.06B | $1.67 | 5.4% | 8.8% |
| 2023 | $4.11B | -36.3% | $5.62B | $2.12 | 7.4% | 10.1% |
| 2022 | $6.45B | +998.8% | $10.35B | $3.20 | 9.0% | 14.4% |
| 2021 | $587M | +124.7% | $3.52B | $0.29 | 1.2% | 7.2% |
| 2020 | -$2.38B | -208.4% | $0 | $-1.94 | -17.1% | - |
| 2019 | $2.19B | +182.2% | $4.15B | $1.78 | 10.7% | 20.2% |
| 2018 | -$2.67B | -179.3% | -$1.24B | $-2.17 | -12.5% | -5.8% |
| 2017 | $3.37B | +717.6% | $242M | $3.05 | 19.4% | 1.4% |
| 2016 | -$545M | -188.2% | -$221M | $-0.65 | -4.9% | -2.0% |
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Start ComparisonFrequently Asked Questions
Is CVE growing earnings?
CVE EPS of $1.75 reflects slowing growth at +0.3%, below the 5-year CAGR of N/A. TTM net income is $3.1B. Expansion rate has moderated.
What are CVE's profit margins?
Cenovus Energy Inc. net margin is +0.1%, with operating margin at +0.1%. Below-average margins reflect competitive or cost pressures.
How consistent are CVE's earnings?
CVE earnings data spans 2008-2025. The current earnings trend is +0.3% YoY. Historical data enables comparison across business cycles.