Cenovus Energy annual return on equity
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Cenovus Energy Return on Equity (ROE) Growth & History (CVE)
Cenovus Energy's return on equity was 12.81% for fiscal 2025.
View full Cenovus Energy company overviewCenovus Energy annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.81% | +2.06 pp |
| 2024 | 2024-12-31 | 10.75% | −3.85 pp |
| 2023 | 2023-12-31 | 14.60% | −10.61 pp |
| 2022 | 2022-12-31 | 25.21% | +22.30 pp |
| 2021 | 2021-12-31 | 2.91% | +16.16 pp |
| 2020 | 2020-12-31 | −13.25% | −25.22 pp |
| 2019 | 2019-12-31 | 11.97% | +26.22 pp |
| 2018 | 2018-12-31 | −14.25% | −35.58 pp |
| 2017 | 2017-12-31 | 21.32% | +25.87 pp |
| 2016 | 2016-12-31 | −4.55% | — |
Cenovus Energy quarterly return on equity
Q2.18
Q2.19
Q3.20
Q3.21
Q2.22
Q3.23
Q3.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.60% | +5.73 pp |
| Q1 2026 | 2026-03-31 | 4.90% | — |
| Q4 2025 | 2025-12-31 | 3.11% | — |
| Q3 2025 | 2025-09-30 | 4.45% | +1.64 pp |
| Q2 2025 | 2025-06-30 | 2.88% | — |
| Q3 2024 | 2024-09-30 | 2.81% | −3.80 pp |
| Q3 2023 | 2023-09-30 | 6.61% | — |
| Q2 2022 | 2022-06-30 | 9.75% | — |
| Q3 2021 | 2021-09-30 | 2.68% | +3.75 pp |
| Q3 2020 | 2020-09-30 | −1.07% | — |
| Q2 2019 | 2019-06-30 | 9.77% | +11.91 pp |
| Q2 2018 | 2018-06-30 | −2.14% | — |
Cenovus Energy return on equity trends
Over the last five fiscal years, Cenovus Energy's return on equity increased from −13.25% to 12.81%, a change of +26.06 percentage points. The latest reported quarter, Q2 2026, shows 8.60%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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