Cenovus Energy return on equity (ROE)
Cenovus Energy's return on equity is 24.45%: net income of 8.65B CAD over the last twelve months on shareholders' equity of 35.38B CAD.
- Today
- 24.45%
- Average, 5 years
- 14.35%
- Low, 5 years
- 3.15%
- High, 5 years
- 24.45%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 8.65B ÷ 35.38B = 24.45%
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is Cenovus Energy's return on equity so high?
- FY20257.9% × 0.78 × 2.01 = 12.4%
- FY20245.4% × 1.02 × 1.90 = 10.6%
- FY20237.4% × 1.03 × 1.88 = 14.3%
- FY20229.0% × 1.28 × 2.03 = 23.4%
- FY20211.2% × 0.90 × 2.29 = 2.5%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 24.45% | 8.65B | 35.38B | |
| FY2025 | 31 Dec 2025 | 12.43% | 3.93B | 31.60B |
| FY2024 | 31 Dec 2024 | 10.56% | 3.14B | 29.75B |
| FY2023 | 31 Dec 2023 | 14.32% | 4.11B | 28.70B |
| FY2022 | 31 Dec 2022 | 23.39% | 6.45B | 27.58B |
| FY2021 | 31 Dec 2021 | 2.49% | 587.00M | 23.60B |
| FY2020 | 31 Dec 2020 | -14.24% | -2.38B | 16.71B |
| FY2019 | 31 Dec 2019 | 11.43% | 2.19B | 19.20B |
| FY2018 | 31 Dec 2018 | -15.28% | -2.67B | 17.47B |
| FY2017 | 31 Dec 2017 | 16.85% | 3.37B | 19.98B |
| FY2016 | 31 Dec 2016 | -4.70% | -545.00M | 11.59B |
| FY2015 | 31 Dec 2015 | 4.99% | 618.00M | 12.39B |
| FY2014 | 31 Dec 2014 | 7.30% | 744.00M | 10.19B |
| FY2013 | 31 Dec 2013 | 6.66% | 662.00M | 9.95B |
| FY2012 | 31 Dec 2012 | 10.15% | 993.00M | 9.78B |
| FY2011 | 31 Dec 2011 | 15.75% | 1.48B | 9.38B |
| FY2010 | 31 Dec 2010 | 10.79% | 1.08B | 10.02B |
| FY2009 | 31 Dec 2009 | 7.06% | 678.52M | 9.61B |
| FY2008 | 31 Dec 2008 | 30.56% | 2.88B | 9.43B |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 24.45% | 8.65B | 35.38B |
| Q2 FY2026 | 30 Jun 2026 | 19.48% | 6.66B | 34.21B |
| Q1 FY2026 | 31 Mar 2026 | 14.25% | 4.64B | 32.60B |
| Q4 FY2025 | 31 Dec 2025 | 12.44% | 3.93B | 31.60B |
| Q3 FY2025 | 30 Sept 2025 | 11.07% | 3.14B | 28.37B |
| Q2 FY2025 | 30 Jun 2025 | 9.10% | 2.68B | 29.40B |
| Q1 FY2025 | 31 Mar 2025 | 9.41% | 2.83B | 30.03B |
| Q4 FY2024 | 31 Dec 2024 | 10.56% | 3.14B | 29.75B |
| Q3 FY2024 | 30 Sept 2024 | 12.64% | 3.74B | 29.59B |
| Q2 FY2024 | 30 Jun 2024 | 15.94% | 4.78B | 30.01B |
| Q1 FY2024 | 31 Mar 2024 | 15.64% | 4.65B | 29.73B |
| Q4 FY2023 | 31 Dec 2023 | 14.32% | 4.11B | 28.70B |
| Q3 FY2023 | 30 Sept 2023 | 14.40% | 4.15B | 28.81B |
| Q2 FY2023 | 30 Jun 2023 | 14.28% | 3.90B | 27.28B |
| Q1 FY2023 | 31 Mar 2023 | 19.54% | 5.46B | 27.95B |
| Q4 FY2022 | 31 Dec 2022 | 23.39% | 6.45B | 27.58B |
| Q3 FY2022 | 30 Sept 2022 | 18.94% | 5.26B | 27.76B |
| Q2 FY2022 | 30 Jun 2022 | 15.98% | 4.20B | 26.28B |
| Q1 FY2022 | 31 Mar 2022 | 8.09% | 1.99B | 24.61B |
| Q4 FY2021 | 31 Dec 2021 | 3.15% | 587.00M | 18.65B |
| Q3 FY2021 | 30 Sept 2021 | 4.38% | 842.00M | 19.21B |
| Q2 FY2021 | 30 Jun 2021 | 0.41% | 97.00M | 23.63B |
| Q1 FY2021 | 31 Mar 2021 | -1.53% | -362.00M | 23.62B |
| Q4 FY2020 | 31 Dec 2020 | -14.24% | -2.38B | 16.71B |
| Q3 FY2020 | 30 Sept 2020 | -12.41% | -2.11B | 17.03B |
| Q2 FY2020 | 30 Jun 2020 | -13.63% | -1.73B | 12.71B |
| Q1 FY2020 | 31 Mar 2020 | 1.62% | 287.00M | 17.73B |
| Q4 FY2019 | 31 Dec 2019 | 11.43% | 2.19B | 19.20B |
| Q3 FY2019 | 30 Sept 2019 | 3.77% | 725.00M | 19.23B |
| Q2 FY2019 | 30 Jun 2019 | 1.55% | 295.00M | 19.05B |
| Q1 FY2019 | 31 Mar 2019 | -10.95% | -1.91B | 17.42B |
| Q4 FY2018 | 31 Dec 2018 | -15.29% | -2.67B | 17.47B |
| Q3 FY2018 | 30 Sept 2018 | -13.87% | -2.58B | 18.62B |
| Q2 FY2018 | 30 Jun 2018 | -9.50% | -1.81B | 19.00B |
| Q1 FY2018 | 31 Mar 2018 | 6.46% | 1.25B | 19.38B |
| Q4 FY2017 | 31 Dec 2017 | 10.60% | 2.12B | 19.98B |
| Q3 FY2017 | 30 Sept 2017 | 17.89% | 3.48B | 19.43B |
| Q2 FY2017 | 30 Jun 2017 | 13.66% | 2.69B | 19.70B |
| Q1 FY2017 | 31 Mar 2017 | -1.84% | -216.00M | 11.72B |
| Q4 FY2016 | 31 Dec 2016 | -4.70% | -545.00M | 11.59B |
| Q3 FY2016 | 30 Sept 2016 | -11.17% | -1.28B | 11.43B |
| Q2 FY2016 | 30 Jun 2016 | 6.64% | 775.00M | 11.68B |
| Q1 FY2016 | 31 Mar 2016 | 9.75% | 1.17B | 11.97B |
| Q4 FY2015 | 31 Dec 2015 | 4.99% | 618.00M | 12.39B |
| Q3 FY2015 | 30 Sept 2015 | 6.05% | 787.00M | 13.01B |
| Q2 FY2015 | 30 Jun 2015 | -5.95% | -660.00M | 11.10B |
| Q1 FY2015 | 31 Mar 2015 | -1.54% | -171.00M | 11.13B |
| Q4 FY2014 | 31 Dec 2014 | 7.30% | 744.00M | 10.19B |
| Q3 FY2014 | 30 Sept 2014 | 10.78% | 1.16B | 10.74B |
| Q2 FY2014 | 30 Jun 2014 | 11.26% | 1.17B | 10.43B |
| Q1 FY2014 | 31 Mar 2014 | 7.31% | 738.00M | 10.10B |
| Q4 FY2013 | 31 Dec 2013 | 6.66% | 662.00M | 9.95B |
| Q3 FY2013 | 30 Sept 2013 | 5.96% | 602.00M | 10.11B |
| Q2 FY2013 | 30 Jun 2013 | 5.26% | 521.00M | 9.91B |
| Q1 FY2013 | 31 Mar 2013 | 7.52% | 739.00M | 9.83B |
| Q4 FY2012 | 31 Dec 2012 | 10.16% | 994.00M | 9.78B |
| Q3 FY2012 | 30 Sept 2012 | 13.69% | 1.38B | 10.06B |
| Q2 FY2012 | 30 Jun 2012 | 16.04% | 1.60B | 9.97B |
| Q1 FY2012 | 31 Mar 2012 | 19.14% | 1.86B | 9.70B |
| Q4 FY2011 | 31 Dec 2011 | 15.75% | 1.48B | 9.38B |
| Q3 FY2011 | 30 Sept 2011 | 13.81% | 1.29B | 9.30B |
| Q2 FY2011 | 30 Jun 2011 | 11.30% | 998.00M | 8.83B |
| Q1 FY2011 | 31 Mar 2011 | 6.19% | 515.00M | 8.32B |
| Q4 FY2010 | 31 Dec 2010 | 9.91% | 993.00M | 10.02B |
| Q3 FY2010 | 30 Sept 2010 | 8.10% | 822.52M | 10.16B |
| Q2 FY2010 | 30 Jun 2010 | — | — | 10.06B |
| Q1 FY2010 | 31 Mar 2010 | — | — | 9.90B |
| Q4 FY2009 | 31 Dec 2009 | — | — | 9.61B |
| Q3 FY2009 | 30 Sept 2009 | — | — | — |
| Q2 FY2009 | 30 Jun 2009 | — | — | — |
| Q1 FY2009 | 31 Mar 2009 | — | — | — |
Figures in CAD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about Cenovus Energy's ROE
Source: Financial Modeling Prep
