Cenovus Energy Inc (CVE) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.067x

Based on the latest financial reports, Cenovus Energy Inc (CVE) has a cash flow conversion efficiency ratio of 0.067x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$2.18 Billion ≈ $1.58 Billion USD) by net assets (CA$32.53 Billion ≈ $23.53 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Cenovus Energy Inc balance sheet independence to measure how much of total assets are equity-financed.

Cenovus Energy Inc - Cash Flow Conversion Efficiency Trend (2008–2025)

This chart illustrates how Cenovus Energy Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Cenovus Energy Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Cenovus Energy Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Cenovus Energy Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Carrier Global Corp NYSE:CARR	0.006x
Fastenal Company NASDAQ:FAST	0.095x
Hindustan Unilever Limited NSE:HINDUNILVR	0.128x
Honeywell Aerospace Inc NASDAQ:HONA	0.065x
Nu Holdings Ltd NYSE:NU	0.073x
Ametek Inc NYSE:AME	0.041x
Loblaw Companies Limited TO:L	0.109x
Occidental Petroleum Corporation NYSE:OXY	0.032x

Annual Cash Flow Conversion Efficiency for Cenovus Energy Inc (2008–2025)

The table below shows the annual cash flow conversion efficiency of Cenovus Energy Inc from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see Cenovus Energy Inc stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$31.64 Billion ≈ $22.89 Billion	CA$8.23 Billion ≈ $5.95 Billion	0.260x	-16.17%
2024-12-31	CA$29.77 Billion ≈ $21.53 Billion	CA$9.23 Billion ≈ $6.68 Billion	0.310x	+20.56%
2023-12-31	CA$28.71 Billion ≈ $20.77 Billion	CA$7.39 Billion ≈ $5.34 Billion	0.257x	-37.74%
2022-12-31	CA$27.59 Billion ≈ $19.96 Billion	CA$11.40 Billion ≈ $8.25 Billion	0.413x	+64.85%
2021-12-31	CA$23.61 Billion ≈ $17.08 Billion	CA$5.92 Billion ≈ $4.28 Billion	0.251x	+1434.35%
2020-12-31	CA$16.71 Billion ≈ $12.09 Billion	CA$273.00 Million ≈ $197.48 Million	0.016x	-90.45%
2019-12-31	CA$19.20 Billion ≈ $13.89 Billion	CA$3.29 Billion ≈ $2.38 Billion	0.171x	+38.74%
2018-12-31	CA$17.47 Billion ≈ $12.64 Billion	CA$2.15 Billion ≈ $1.56 Billion	0.123x	-19.45%
2017-12-31	CA$19.98 Billion ≈ $14.45 Billion	CA$3.06 Billion ≈ $2.21 Billion	0.153x	+106.08%
2016-12-31	CA$11.59 Billion ≈ $8.38 Billion	CA$861.00 Million ≈ $622.83 Million	0.074x	-37.55%
2015-12-31	CA$12.39 Billion ≈ $8.96 Billion	CA$1.47 Billion ≈ $1.07 Billion	0.119x	-65.64%
2014-12-31	CA$10.19 Billion ≈ $7.37 Billion	CA$3.53 Billion ≈ $2.55 Billion	0.346x	-2.71%
2013-12-31	CA$9.95 Billion ≈ $7.19 Billion	CA$3.54 Billion ≈ $2.56 Billion	0.356x	+2.02%
2012-12-31	CA$9.81 Billion ≈ $7.09 Billion	CA$3.42 Billion ≈ $2.47 Billion	0.349x	+0.23%
2011-12-31	CA$9.41 Billion ≈ $6.80 Billion	CA$3.27 Billion ≈ $2.37 Billion	0.348x	+34.44%
2010-12-31	CA$10.02 Billion ≈ $7.25 Billion	CA$2.59 Billion ≈ $1.88 Billion	0.259x	-32.03%
2009-12-31	CA$9.61 Billion ≈ $6.95 Billion	CA$3.66 Billion ≈ $2.65 Billion	0.381x	+9.81%
2008-12-31	CA$9.43 Billion ≈ $6.82 Billion	CA$3.27 Billion ≈ $2.37 Billion	0.347x	--

About Cenovus Energy Inc

TO:CVE Canada Oil & Gas Integrated

Market Cap

$53.12 Billion

CA$73.44 Billion CAD

Market Cap Rank

#502 Global

#22 in Canada

Share Price

CA$39.38

Change (1 day)

-0.58%

52-Week Range

CA$20.00 - CA$43.70

All Time High

CA$43.70