Cenovus Energy (MEX:CVE N) FCF Margin %: 7.58% (As of Mar. 2026) — 15% Above Median


MEX:CVE N Cenovus Energy Inc MEX:CVE N
66 GF Score
Price MXN415.00
GF Value MXN265.04
! 3 Warning Signs
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What is Cenovus Energy FCF Margin %?

Cenovus Energy MEX:CVE N 66 FCF Margin % is 7.58% as of Mar. 2026, which is 15% above its 10-year median of 6.59. GuruFocus rates MEX:CVE N with a GF Score™ of 66/100 and a GF Value™ of MXN265.04. The stock has 3 warning signs investors should review. Among 906 Oil & Gas companies, Cenovus Energy ranks better than 64.46% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Cenovus Energy's Free Cash Flow for the three months ended in Mar. 2026 was MXN13,288 Mil. Cenovus Energy's Revenue for the three months ended in Mar. 2026 was MXN175,319 Mil. Therefore, Cenovus Energy's FCF Margin % for the quarter that ended in Mar. 2026 was 7.58%.

As of today, Cenovus Energy's current FCF Yield % is 6.49%.

The historical rank and industry rank for Cenovus Energy's FCF Margin % or its related term are showing as below:

MEX:CVE N' s FCF Margin % Range Over the Past 10 Years
Min: -4.21   Med: 6.59   Max: 10.65
Current: 7.97


During the past 13 years, the highest FCF Margin % of Cenovus Energy was 10.65%. The lowest was -4.21%. And the median was 6.59%.

MEX:CVE N's FCF Margin % is ranked better than
64.46% of 906 companies
in the Oil & Gas industry
Industry Median: 3.285 vs MEX:CVE N: 7.97


Cenovus Energy FCF Margin % Related Terms


Cenovus Energy FCF Margin % Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cenovus Energy FCF Margin % Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.88 10.65 5.57 7.31 6.30

Cenovus Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 9.35 7.40 7.52 7.58

MEX:CVE N vs XOM, CVX: FCF Margin % Comparison

For the Oil & Gas Integrated subindustry, Cenovus Energy's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cenovus Energy FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cenovus Energy's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's FCF Margin % falls into.


MEX:CVE N
66GF Score
Cenovus Energy Inc MEX:CVE N
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus Energy FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Cenovus Energy's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=43346.813/688523.871
=6.30 %

Cenovus Energy's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=13287.944/175319.377
=7.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 7.58% mean?
Cenovus Energy (MEX:CVE N) has a FCF Margin % of 7.58% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cenovus Energy and its competitors. This is 15% above median its historical median of 6.59. According to the industry distribution chart, Cenovus Energy ranks #322 out of 906 companies in the Oil & Gas industry, placing it in the top 35.5%.
Is Cenovus Energy's FCF Margin % too high?
Cenovus Energy's current FCF Margin % of 7.58% is 15% above median its 10-year median of 6.59. The Oil & Gas industry median FCF Margin % is 3.29. Cenovus Energy's value of 7.58% is 130.7% above this industry median. Based on the distribution chart, Cenovus Energy ranks #322 out of 906 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Cenovus Energy has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's FCF Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #322 out of 906 companies for FCF Margin %. This puts Cenovus Energy in the upper half of its industry. The industry median FCF Margin % is 3.29. Cenovus Energy's value of 7.58% is 130.7% above this benchmark. While the company's 10-year median is 6.59 vs. the industry median of 3.29, Cenovus Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current FCF Margin % of 7.58% is 130.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current FCF Margin % is 7.58%, which is 15% above median its own 10-year median of 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Cenovus Energy (MEX:CVE N) has a current FCF Margin % of 7.58%. The stock's GF Value™ is MXN265.04, compared to a current price of MXN415.00 — trading 56.6% above its estimated fair value. The current FCF Margin % is 7.58%, which is 15% above median its 10-year median of 6.59 and 130.7% above the Oil & Gas industry median of 3.29. Cenovus Energy's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Cenovus Energy (MEX:CVE N), the current FCF Margin % is 7.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cenovus Energy (MEX:CVE N) Overvalued in 2026?

Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued. The current stock price of MXN415.00 is trading 56.6% above its estimated GF Value™ of MXN265.04.

Key valuation signals for MEX:CVE N:

  • FCF Margin %: 7.58% (15% above median its 10-year median of 6.59)
  • GF Value™: MXN265.04 vs. price of MXN415.00 (56.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 130.7% above the Oil & Gas median (#322 of 906)

No single metric tells the full story. See the MEX:CVE N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cenovus Energy Business Description

Industry EnergyOil & Gas
Address 225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
66GF Score

Get the complete analysis for MEX:CVE N

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN415.00
Price
MXN265.04
GF Value