Cenovus Energy revenue and financials
Secondary listing. The primary listing is Cenovus Energy · TSX (CAD)
$31.24Change from previous close: −0.73%Absolute change: −$0.23
In the fiscal year ended December 2025, Cenovus Energy reported revenue of $49.7B (−8.44% year over year). Net income was $3.93B, a net margin of 7.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −8.44%
- 2025 vs 2024
- Net income growth
- +25.08%
- 2025 vs 2024
- Net margin
- 7.9%
- 2024: 5.8%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 8,228 | 9,235 | 7,388 | 11,403 | 5,919 | 273 | 3,285 | 2,154 | 3,059 | 861 |
| Depreciation and amortization | 5,435 | 5,096 | 4,864 | 4,489 | 4,143 | — | — | — | — | — |
| Capital expenditure | -4,907 | -5,015 | -4,298 | -3,708 | -2,563 | -811 | -1,110 | -1,322 | -1,523 | -967 |
| Investing cash flow | -7,677 | -5,126 | -5,295 | -2,314 | -942 | — | — | — | — | — |
| Financing cash flow | -749 | -3,505 | -4,313 | -7,676 | -2,507 | — | — | — | — | — |
| Dividends paid | -1,437 | -1,551 | -1,026 | -927 | -210 | -77.0 | -260 | -245 | -225 | -166 |
| Share repurchases | -1,995 | -1,445 | -1,061 | -2,530 | -265 | 0.0 | 0.0 | — | — | — |
| Debt issued | 5,830 | 5.0 | 58.0 | 34.0 | 1,557 | — | — | — | — | — |
| Debt repaid | -2,674 | -299 | -1,634 | -4,451 | -3,597 | — | — | — | — | — |
| Effect of exchange rates | -155 | 262 | -77.0 | 238 | 25.0 | — | — | — | — | — |
| Net change in cash | -353 | 866 | -2,297 | 1,651 | 2,495 | — | — | — | — | — |
| Free cash flow | 3,321 | 4,220 | 3,090 | 7,695 | 3,356 | — | — | — | — | — |
| Levered free cash flow | 2,719 | 3,974 | 2,246 | 8,176 | 2,337 | — | — | — | — | — |