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Cenovus Energy (CVE) Gross Margin

Annual Gross Margin

22.90%
-0.98%-4.10%

December 31, 2023

Summary

Performance

1-Year Change

-4.1%

3-Year Change

+1066.24%

5-Year Change

+19.9%

15-Year Change

+15.77%

CVE Gross Margin Chart

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Highlights

Sector Rank

34.21%
CVE annual gross profit margin is higher than 34.21% of companies in Energy sector

High & Low

All-time High

36.91%
CVE annual gross profit margin is currently -37.96% below its historical high of 36.91%

3-Year Low

18.66%
CVE annual gross profit margin is currently +22.72% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
CVE previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 14, 2025
CVE next annual earnings announcement is scheduled for Feb 14, 2025

OtherCVEprofitabilitymetrics:

Annual Revenue

$41.08 B
CVE annual revenue is $41.08 billion

Annual Gross Profit

$9.41 B
CVE annual gross profit is $9.41 billion

Annual Operating Margin

10.13%
CVE annual operating profit margin is 10.13%

Annual Net Margin

7.41%
CVE annual net profit margin is 7.41%

Quarterly Gross Margin

20.65%
-2.23%-9.75%

September 1, 2024

Summary

Performance

3-Month Change

-9.75%

1-Year Change

+27.63%

3-Year Change

-23.35%

5-Year Change

-1.38%

CVE Quarterly Gross Margin Chart

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Highlights

Sector Rank

30.18%
CVE quarterly gross profit margin is higher than 30.18% of companies in Energy sector

High & Low

All-time High

43.60%
CVE quarterly gross profit margin is currently -52.64% below its historical high of 43.60%

3-Year Low

10.30%
CVE quarterly gross profit margin is currently +100.49% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 1, 2024
CVE previous earnings announcement was published on Sep 1, 2024

Next Quarterly Earnings Report Date

Feb 14, 2025
CVE next earnings announcement is scheduled for Feb 14, 2025

OtherCVEprofitabilitymetrics:

Quarterly Revenue

$10.44 B
CVE quarterly revenue is $10.44 billion

Quarterly Gross Profit

$2.16 B
CVE quarterly gross profit is $2.16 billion

Quarterly Operating Margin

7.26%
CVE quarterly operating profit margin is 7.26%

Quarterly Net Margin

5.75%
CVE quarterly net profit margin is 5.75%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

22.90%
CVE annual gross profit margin is 22.90%

Annual Gross Profit

$9.41 B
CVE annual gross profit is $9.41 billion

Annual Revenue

$41.08 B
CVE annual revenue is $41.08 billion

CVE Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-4.1%+27.6%
3 y3 years+1066.2%-23.4%
5 y5 years+19.9%-1.4%

CVE Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-4.1%+22.7%-34.5%+100.5%
5 y5-year-4.1%+1066.2%-34.5%+187.1%
alltimeall time-38.0%+1066.2%-52.6%+187.1%

Cenovus Energy Gross Margin History

DateAnnualQuarterly
Sep 2024
-
20.65%(-9.7%)
Jun 2024
-
22.88%(-7.2%)
Mar 2024
-
24.65%(+52.3%)
Dec 2023
22.90%(-4.1%)
16.18%(-48.7%)
Sep 2023
-
31.52%(+41.4%)
Jun 2023
-
22.29%(+10.6%)
Mar 2023
-
20.16%(+2.0%)
Dec 2022
23.88%(+28.0%)
19.77%(-2.6%)
Sep 2022
-
20.29%(-24.7%)
Jun 2022
-
26.94%(-0.6%)
Mar 2022
-
27.10%(+163.1%)
Dec 2021
18.66%(-887.3%)
10.30%(-52.1%)
Sep 2021
-
21.52%(-3.5%)
Jun 2021
-
22.31%(-3.1%)
Mar 2021
-
23.03%(+210.0%)
Dec 2020
-2.37%(-111.9%)
7.43%(+124.5%)
Sep 2020
-
3.31%(-64.9%)
Jun 2020
-
9.43%(-139.8%)
Mar 2020
-
-23.71%(-273.1%)
Dec 2019
19.89%(+4.1%)
13.70%(-34.6%)
Sep 2019
-
20.94%(-6.6%)
Jun 2019
-
22.41%(-0.8%)
Mar 2019
-
22.60%(+167.1%)
Dec 2018
19.10%(-3.4%)
8.46%(-65.1%)
Sep 2018
-
24.22%(-7.8%)
Jun 2018
-
26.28%(+95.5%)
Mar 2018
-
13.44%(-41.4%)
Dec 2017
19.78%(+57.6%)
22.93%(-4.2%)
Sep 2017
-
23.94%(+47.6%)
Jun 2017
-
16.22%(+15.5%)
Mar 2017
-
14.04%(-10.0%)
Dec 2016
12.55%
15.60%(+30.3%)
DateAnnualQuarterly
Sep 2016
-
11.97%(-34.7%)
Jun 2016
-
18.33%(-481.1%)
Mar 2016
-
-4.81%(-76.0%)
Dec 2015
11.66%(-45.0%)
-20.05%(-269.6%)
Sep 2015
-
11.82%(-46.6%)
Jun 2015
-
22.15%(+83.5%)
Mar 2015
-
12.07%(+47.6%)
Dec 2014
21.21%(-7.4%)
8.18%(-64.7%)
Sep 2014
-
23.20%(-7.9%)
Jun 2014
-
25.20%(-2.8%)
Mar 2014
-
25.92%(+37.4%)
Dec 2013
22.91%(-6.8%)
18.87%(-18.2%)
Sep 2013
-
23.08%(-2.7%)
Jun 2013
-
23.73%(-9.8%)
Mar 2013
-
26.30%(+5.0%)
Dec 2012
24.59%(+0.9%)
25.04%(-10.1%)
Sep 2012
-
27.84%(+24.0%)
Jun 2012
-
22.46%(-2.6%)
Mar 2012
-
23.07%(-10.4%)
Dec 2011
24.36%(+17.1%)
25.76%(+18.5%)
Sep 2011
-
21.73%(-19.3%)
Jun 2011
-
26.93%(+19.1%)
Mar 2011
-
22.61%(+3.8%)
Dec 2010
20.80%(-43.6%)
21.78%(+12.7%)
Sep 2010
-
19.33%(+8.2%)
Jun 2010
-
17.87%(-28.0%)
Mar 2010
-
24.81%(-32.1%)
Dec 2009
36.91%(+8.6%)
36.54%(+15.2%)
Sep 2009
-
31.72%(+4.0%)
Jun 2009
-
30.51%(-30.0%)
Mar 2009
-
43.60%
Dec 2008
33.98%
-

FAQ

  • What is Cenovus Energy annual gross profit margin?
  • What is the all time high annual gross margin for Cenovus Energy?
  • What is Cenovus Energy annual gross margin year-on-year change?
  • What is Cenovus Energy quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Cenovus Energy?
  • What is Cenovus Energy quarterly gross margin year-on-year change?

What is Cenovus Energy annual gross profit margin?

The current annual gross margin of CVE is 22.90%

What is the all time high annual gross margin for Cenovus Energy?

Cenovus Energy all-time high annual gross profit margin is 36.91%

What is Cenovus Energy annual gross margin year-on-year change?

Over the past year, CVE annual gross profit margin has changed by -0.98% (-4.10%)

What is Cenovus Energy quarterly gross profit margin?

The current quarterly gross margin of CVE is 20.65%

What is the all time high quarterly gross margin for Cenovus Energy?

Cenovus Energy all-time high quarterly gross profit margin is 43.60%

What is Cenovus Energy quarterly gross margin year-on-year change?

Over the past year, CVE quarterly gross profit margin has changed by +4.47% (+27.63%)