Gross Margin - Cenovus Energy Inc (NYSE:CVE) - Alpha Spread
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Cenovus Energy Inc
NYSE:CVE

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Cenovus Energy Inc
NYSE:CVE
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Price: 16.62 USD -0.54% Market Closed
Market Cap: 31.2B USD
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Gross Margin
Cenovus Energy Inc

43%
Current
50%
Average
34%
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
43%
=
Gross Profit
24.1B
/
Revenue
56B

Gross Margin Across Competitors

Country CA
Market Cap 30.9B USD
Gross Margin
43%
Country SA
Market Cap 6.7T SAR
Gross Margin
57%
Country US
Market Cap 509.1B USD
Gross Margin
30%
Country US
Market Cap 263.3B USD
Gross Margin
39%
Country UK
Market Cap 214.4B USD
Gross Margin
26%
Country CN
Market Cap 1.5T CNY
Gross Margin
14%
Country NL
Market Cap 216.6B USD
Gross Margin
26%
Country FR
Market Cap 157.2B USD
Gross Margin
35%
Country CN
Market Cap 777.9B CNY
Gross Margin
7%
Country UK
Market Cap 90.4B USD
Gross Margin
28%
Country BR
Market Cap 465.9B BRL
Gross Margin
47%

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
43%
=
Gross Profit
24.1B
/
Revenue
56B
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 43%.