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Cenovus Energy's gross profit for the
three
months ended in Jun. 2026 was C$5,892 Mil. Cenovus Energy's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was C$16,252 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Cenovus Energy's gross profit for the
three
months ended in Jun. 2026 was C$5,892 Mil. Cenovus Energy's Revenue for the
three
months ended in Jun. 2026 was C$19,088 Mil. Therefore, Cenovus Energy's Gross Margin % for the quarter that ended in Jun. 2026 was 30.87%.
Cenovus Energy had a gross margin of 30.87% for the quarter that ended in Jun. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Cenovus Energy was 27.29%. The lowest was -2.37%. And the median was 19.84%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Cenovus Energy had a gross margin of 30.87% for the quarter that ended in Jun. 2026 => Competition eroding margins
Cenovus Energy Gross Profit Related Terms
Cenovus Energy Gross Profit Historical Data
* Premium members only.
The historical data trend for Cenovus Energy's Gross Profit 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.
For the Oil & Gas Integrated subindustry, Cenovus Energy's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cenovus Energy's Gross Profit distribution charts can be found below:
* The bar in red indicates where Cenovus Energy's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$16,252 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Cenovus Energy (TSX:CVE) has a Gross Profit of C$16,252 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Cenovus Energy and its competitors.
Is Cenovus Energy's Gross Profit too high?
Cenovus Energy's current Gross Profit is C$16,252 Mil. Overall, Cenovus Energy has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Gross Profit compare to XOM and CVX?
Cenovus Energy's Gross Profit of C$16,252 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Cenovus Energy and its competitors. Cenovus Energy's current Gross Profit is C$16,252 Mil. 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?
Based on GuruFocus' analysis, Cenovus Energy (TSX:CVE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$25.23, compared to a current price of C$42.27 — trading 67.5% above its estimated fair value. The current Gross Profit is C$16,252 Mil. Cenovus Energy's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Gross Profit is C$16,252 Mil as of Jun. 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 (TSX:CVE) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of C$42.27 is trading 67.5% above its estimated GF Value™ of C$25.23.
GuruFocus considers Cenovus Energy to be Significantly Overvalued.
Key valuation signals for TSX:CVE:
Gross Profit: C$16,252 Mil
GF Value™: C$25.23 vs. price of C$42.27 (67.5% above fair value)
No single metric tells the full story. See the TSX:CVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
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