Cenovus Energy Inc (CVE) — Capital Reinvestment Ratio
Latest as of March 2026:
0.53x
Cenovus Energy Inc (CVE) has a Capital Reinvestment Ratio of 0.53x as of March 2026, meaning it reinvests 1% of its operating cash flow (CA$2.18 Billion) in capital expenditures (CA$1.15 Billion). See how much free cash does Cenovus Energy Inc generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.53x
Capex / Operating Cash Flow
Operating Cash Flow
CA$2.18 Billion
CAD
Capital Expenditures
CA$1.15 Billion
CAD
Data as of
Mar 2026
Most recent filing
Cenovus Energy Inc Capital Reinvestment Ratio (2008–2025)
This chart tracks Cenovus Energy Inc's Capital Reinvestment Ratio across 18 annual periods.
Annual Capital Reinvestment Ratio for Cenovus Energy Inc (2008–2025)
Year-by-year Capital Reinvestment Ratio for Cenovus Energy Inc from 2008 to 2025. For live market cap and broader valuation context, see CVE company net worth.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.59x | CA$8.23 Billion | CA$4.82 Billion | ▲ +7.9% |
| 2024 | 0.54x | CA$9.23 Billion | CA$5.01 Billion | ▼ -6.7% |
| 2023 | 0.58x | CA$7.39 Billion | CA$4.30 Billion | ▲ +76.5% |
| 2022 | 0.33x | CA$11.40 Billion | CA$3.76 Billion | ▼ -23.9% |
| 2021 | 0.43x | CA$5.92 Billion | CA$2.56 Billion | ▼ -86.2% |
| 2020 | 3.15x | CA$273.00 Million | CA$859.00 Million | ▲ +773.7% |
| 2019 | 0.36x | CA$3.29 Billion | CA$1.18 Billion | ▼ -43.7% |
| 2018 | 0.64x | CA$2.15 Billion | CA$1.38 Billion | ▲ +17.1% |
| 2017 | 0.55x | CA$3.06 Billion | CA$1.67 Billion | ▼ -54.5% |
| 2016 | 1.20x | CA$861.00 Million | CA$1.03 Billion | ▲ +3.3% |
| 2015 | 1.16x | CA$1.47 Billion | CA$1.71 Billion | ▲ +34.1% |
| 2014 | 0.87x | CA$3.53 Billion | CA$3.06 Billion | ▼ -6.1% |
| 2013 | 0.92x | CA$3.54 Billion | CA$3.27 Billion | ▼ -8.4% |
| 2012 | 1.01x | CA$3.42 Billion | CA$3.45 Billion | ▲ +18.2% |
| 2011 | 0.85x | CA$3.27 Billion | CA$2.79 Billion | ▲ +0.2% |
| 2010 | 0.85x | CA$2.59 Billion | CA$2.21 Billion | ▲ +57.0% |
| 2009 | 0.54x | CA$3.66 Billion | CA$1.98 Billion | ▼ -28.8% |
| 2008 | 0.76x | CA$3.27 Billion | CA$2.49 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow