Cenovus Energy annual operating margin
2022
2023
2024
2025
Cenovus Energy Operating Margin Growth & History (CVE)
Cenovus Energy's operating margin was 9.31% for fiscal 2025.
View full Cenovus Energy company overviewCenovus Energy annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.31% | −0.01 pp |
| 2024 | 2024-12-31 | 9.32% | −1.44 pp |
| 2023 | 2023-12-31 | 10.77% | −4.71 pp |
| 2022 | 2022-12-31 | 15.47% | — |
Cenovus Energy quarterly operating margin
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 22.43% | +16.83 pp |
| Q1 2026 | 2026-03-31 | 17.68% | — |
| Q4 2025 | 2025-12-31 | 8.18% | — |
| Q3 2025 | 2025-09-30 | 11.47% | — |
| Q2 2025 | 2025-06-30 | 5.60% | — |
Cenovus Energy operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Cenovus Energy's operating margin decreased from 15.47% to 9.31%, a change of −6.16 percentage points. The latest reported quarter, Q2 2026, shows 22.43%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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