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Cenovus Energy Inc
TSX:CVE

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Cenovus Energy Inc Logo
Cenovus Energy Inc
TSX:CVE
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Price: 27.515 CAD -0.02%
Updated: May 21, 2024

Gross Margin
Cenovus Energy Inc

48.3%
Current
51%
Average
35.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
48.3%
=
Gross Profit
25.7B
/
Revenue
53.3B

Gross Margin Across Competitors

Country CA
Market Cap 51.5B CAD
Gross Margin
48%
Country SA
Market Cap 7.2T SAR
Gross Margin
57%
Country US
Market Cap 534.7B USD
Gross Margin
30%
Country US
Market Cap 297.6B USD
Gross Margin
40%
Country CN
Market Cap 1.9T CNY
Gross Margin
14%
Country UK
Market Cap 180.6B GBP
Gross Margin
25%
Country NL
Market Cap 184.9B USD
Gross Margin
21%
Country FR
Market Cap 154.3B EUR
Gross Margin
35%
Country UK
Market Cap 82.9B GBP
Gross Margin
29%
Country CN
Market Cap 759.1B CNY
Gross Margin
7%
Country BR
Market Cap 477.9B BRL
Gross Margin
48%

Profitability Report

View the profitability report to see the full profitability analysis for Cenovus Energy Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
48.3%
=
Gross Profit
25.7B
/
Revenue
53.3B
What is the Gross Margin of Cenovus Energy Inc?

Based on Cenovus Energy Inc's most recent financial statements, the company has Gross Margin of 48.3%.