CVENEUTRAL

CVE Return on Equity (ROE) Analysis

20.9%

Updated 203h ago·SEC filings & market data

Key Takeaway

Return on equity (ROE) measures how much profit a company generates for every dollar of shareholder equity, so a 20.9% ROE means CVE earns about $0.21 for each $1 of owner-invested capital.

Sector Performance

69th percentile

CVE

20.9%

Sector Median

13.3%

Sector Avg

17.0%

Prior Period

14.8%(Jul 2026)

↑ Improving

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Deep Analysis

Return on equity (ROE) measures how much profit a company generates for every dollar of shareholder equity, so a 20.9% ROE means CVE earns about $0.21 for each $1 of owner-invested capital.

That level sits above the sector median of 13.5%, placing CVE in the 69th percentile among its sector peers, meaning it outperforms roughly two-thirds of comparable companies. The trend data is not available: both the year-over-year change and quarter-over-quarter change are listed as N/A, and there is no historical series beyond the current figure. With a strong current level but no trend to confirm momentum, the risk is that this single snapshot may not persist. The combination of an above-median ROE with an unknown trajectory creates a moderate opportunity but also uncertainty about sustainability. This metric supports the overall NEUTRAL verdict because the high efficiency is countered by the lack of historical trend evidence, leaving no clear basis to upgrade or downgrade the stock.

Frequently Asked Questions

What does the Return on Equity (ROE) tell investors about CVE?

ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.

How is the Return on Equity (ROE) calculated?

Return on Equity (ROE) is calculated as: Net Income / Shareholders' Equity.

Who are CVE's closest peers by Return on Equity (ROE)?

The closest peers by Return on Equity (ROE) include: EVGO (-34.6%), MAR (-69.0%), BMBL (-76.9%), WBA (-82.7%), NIO (-84.0%).

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Learn More About Return on Equity (ROE)

What Is Return on Equity (ROE) and Is Higher Always Better?

Return on equity ROE measures how efficiently a company generates profit from shareholder capital. Learn how to decompose ROE using DuPont analysis and why high leverage can make it dangerous—with Apple and JPMorgan examples.

The Formula

Net Income / Shareholders' Equity

Why It Matters

ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.