Cenovus Energy Inc (CVE.TO)
29.09
-0.01
(-0.03%)
CAD |
TSX |
Apr 25, 16:00
Cenovus Energy Gross Profit Margin (Quarterly): 18.84% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 18.84% |
September 30, 2023 | 29.25% |
June 30, 2023 | 21.83% |
March 31, 2023 | 19.54% |
December 31, 2022 | 19.77% |
September 30, 2022 | 20.29% |
June 30, 2022 | 26.94% |
March 31, 2022 | 27.10% |
December 31, 2021 | 10.30% |
September 30, 2021 | 21.52% |
June 30, 2021 | 22.31% |
Date | Value |
---|---|
March 31, 2021 | 23.03% |
December 31, 2020 | 7.43% |
September 30, 2020 | 3.31% |
June 30, 2020 | 9.43% |
March 31, 2020 | -23.71% |
December 31, 2019 | 13.70% |
September 30, 2019 | 20.94% |
June 30, 2019 | 22.41% |
March 31, 2019 | 22.60% |
December 31, 2018 | 8.46% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-23.71%
Minimum
Mar 2020
29.25%
Maximum
Sep 2023
16.54%
Average
20.29%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
Suncor Energy Inc | 26.68% |
Imperial Oil Ltd | 15.41% |
Canadian Natural Resources Ltd | 28.91% |
MEG Energy Corp | 27.55% |
Crescent Point Energy Corp | 68.80% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 14.63% |
Return on Assets | 7.55% |
Return on Invested Capital | 11.36% |
Profit Margin (Quarterly) | 5.29% |
Operating Margin (Quarterly) | 6.97% |
Return on Net Operating Assets | 7.99% |