TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 9.3B
Gross Profit 1.9B 20.05%
Operating Income 494.3M 5.33%
Net Income 609.6M 6.58%
EPS (Diluted) $0.45

Balance Sheet Metrics

Total Assets 40.0B
Total Liabilities 18.9B
Shareholders Equity 21.1B
Debt to Equity 0.90

Cash Flow Metrics

Operating Cash Flow 1.4B
Free Cash Flow 866.8M

Revenue & Profitability Trend

Cenovus Energy Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i41.4B55.5B71.8B48.8B13.9B
Cost of Goods Sold i32.2B42.8B54.6B39.7B14.2B
Gross Profit i9.1B12.7B17.1B9.1B-330.0M
Gross Margin % i22.1%22.9%23.9%18.7%-2.4%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i568.8M688.0M865.0M849.0M292.0M
Other Operating Expenses i5.0B6.4B5.9B4.7B2.0B
Total Operating Expenses i5.5B7.1B6.8B5.6B2.3B
Operating Income i3.6B5.6B10.4B3.5B-2.7B
Operating Margin % i8.8%10.1%14.4%7.2%-19.2%
Non-Operating Items
Interest Income i121.8M217.0M110.0M23.0M34.0M
Interest Expense i464.9M723.0M812.0M1.0B536.0M
Other Non-Operating Income-341.0M-44.0M-882.0M-1.2B-35.0M
Pre-tax Income i2.9B5.0B8.7B1.3B-3.2B
Income Tax i665.5M931.0M2.3B728.0M-851.0M
Effective Tax Rate % i22.8%18.5%26.1%55.4%0.0%
Net Income i2.3B4.1B6.4B587.0M-2.4B
Net Margin % i5.4%7.4%9.0%1.2%-17.1%
Key Metrics
EBITDA i7.3B10.5B15.7B8.2B765.0M
EPS (Basic) i$1.68$2.15$3.29$0.27$-1.94
EPS (Diluted) i$1.67$2.12$3.20$0.27$-1.94
Basic Shares Outstanding i13254101592698794390283523890029295386001785591700
Diluted Shares Outstanding i13254101592698794390283523890029295386001785591700

Income Statement Trend

Cenovus Energy Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i2.2B2.2B4.5B2.9B378.0M
Short-term Investments i-----
Accounts Receivable i1.7B2.7B3.0B2.5B1.1B
Inventory i3.2B4.0B4.3B3.9B1.1B
Other Current Assets-----
Total Current Assets i7.5B9.7B12.4B12.0B3.0B
Non-Current Assets
Property, Plant & Equipment i3.2B3.9B3.7B14.3B38.5B
Goodwill i4.2B5.8B5.9B7.0B4.6B
Intangible Assets i7.9M-19.0M78.0M89.0M
Long-term Investments-----
Other Non-Current Assets1.1B1.1B986.0M1.1B59.0M
Total Non-Current Assets i33.0B44.2B43.4B42.1B29.8B
Total Assets i40.5B53.9B55.9B54.1B32.8B
Liabilities
Current Liabilities
Accounts Payable i719.9M1.1B2.3B2.6B608.0M
Short-term Debt i518.6M478.0M423.0M351.0M305.0M
Current Portion of Long-term Debt-----
Other Current Liabilities-183.0M302.0M538.0M36.0M
Total Current Liabilities i5.3B6.2B8.0B7.3B2.4B
Non-Current Liabilities
Long-term Debt i7.1B9.5B11.2B15.1B9.0B
Deferred Tax Liabilities i2.9B4.2B4.3B3.3B3.2B
Other Non-Current Liabilities308.8M554.0M377.0M112.0M45.0M
Total Non-Current Liabilities i13.9B19.0B20.3B23.2B13.7B
Total Liabilities i19.2B25.2B28.3B30.5B16.1B
Equity
Common Stock i11.2B16.0B16.3B17.0B11.0B
Retained Earnings i7.5B8.9B6.4B878.0M501.0M
Treasury Stock i30.8M----
Other Equity-----
Total Shareholders Equity i21.3B28.7B27.6B23.6B16.7B
Key Metrics
Total Debt i7.6B9.9B11.6B15.4B9.3B
Working Capital i2.2B3.5B4.4B4.7B617.0M

Balance Sheet Composition

Cenovus Energy Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i2.3B4.1B6.4B587.0M-2.4B
Depreciation & Amortization i3.5B4.6B4.7B4.3B3.5B
Stock-Based Compensation i-103.9M----
Working Capital Changes i000-1.2B126.0M
Operating Cash Flow i5.3B8.5B10.7B4.7B407.0M
Investing Activities
Capital Expenditures i-0-50.0M00
Acquisitions i17.2M-503.0M1.1B1.2B38.0M
Investment Purchases i-----4.0M
Investment Sales i-----
Investing Cash Flow i-22.2M-872.0M1.6B1.6B-4.0M
Financing Activities
Share Repurchases i-1.2B-1.1B-2.5B-265.0M0
Dividends Paid i-1.1B-1.0B-927.0M-210.0M-77.0M
Debt Issuance i--01.6B1.3B
Debt Repayment i-214.2M-1.6B-4.5B-3.5B-529.0M
Financing Cash Flow i-2.5B-3.7B-7.9B-2.5B837.0M
Free Cash Flow i3.0B3.1B7.6B3.4B-586.0M
Net Change in Cash i2.7B4.0B4.4B3.8B1.2B

Cash Flow Trend

Cenovus Energy Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 16.49
Forward P/E 10.95
Price to Book 1.05
Price to Sales 0.58
PEG Ratio -1.46

Profitability Ratios

Profit Margin 5.12%
Operating Margin 5.88%
Return on Equity 9.00%
Return on Assets 4.14%

Financial Health

Current Ratio 1.32
Debt to Equity 35.65
Beta 1.24

Per Share Data

EPS (TTM) $1.03
Book Value per Share $16.23
Revenue per Share $28.61

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
cve31.5B16.491.059.00%5.12%35.65
Exxon Mobil 482.9B16.091.8411.83%9.40%14.44
Chevron 312.4B19.741.818.96%7.25%20.01
TotalEnergies SE 127.6B9.701.0911.71%7.25%49.73
Suncor Energy 48.5B11.061.0813.68%12.04%32.99
Imperial Oil 47.5B13.831.8319.21%9.48%17.01

Financial data is updated regularly. All figures are in the company's reporting currency.