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 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Thales S.A. PA:HO	0.113x
Samsung Life KO:032830	0.020x
Deutsche Bank Aktiengesellschaft F:DBK	-0.250x
L3Harris Technologies Inc NYSE:LHX	0.028x
ASE Industrial Holding Co Ltd ADR NYSE:ASX	-0.457x
AutoZone Inc NYSE:AZO	-0.128x
Arthur J Gallagher & Co NYSE:AJG	0.040x
Corteva Inc NYSE:CTVA	0.179x

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 how much is Cenovus Energy Inc worth.

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

$51.21 Billion

CA$70.79 Billion CAD

Market Cap Rank

#528 Global

#23 in Canada

Share Price

CA$37.96

Change (1 day)

-3.83%

52-Week Range

CA$18.53 - CA$43.70

All Time High

CA$43.70