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. Also see how much is Cenovus Energy Inc worth for the company's overall valuation and market capitalisation.

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.

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. Explore CVE operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
National Bank of Canada TO:NA	0.113x
Wesfarmers Ltd AU:WES	0.317x
Arthur J Gallagher & Co NYSE:AJG	0.000x
Vale S.A. SA:VALE3	0.083x
Bank of Communications Co SHG:601328	-0.049x
Aon PLC NYSE:AON	0.057x
Unimicron Technology Corp TW:3037	0.050x
WuXi AppTec Co Ltd SHG:603259	0.070x

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. View CVE live share price for real-time trading data and today's change.

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

$59.09 Billion

CA$81.68 Billion CAD

Market Cap Rank

#462 Global

#20 in Canada

Share Price

CA$43.80

Change (1 day)

-1.04%

52-Week Range

CA$21.95 - CA$47.23

All Time High

CA$47.23