CVE vs PDS
Cenovus Energy Inc. and Precision Drilling Corp., side by side — 10 fiscal years reported in CAD, drawn from SEC filings.
Most recent reported year
| Metric | CVE | PDS |
|---|---|---|
| Revenue | CAD 49.7B | CAD 1.8B |
| Net income | CAD 3.9B | CAD 1.8M |
| Gross margin | · | 32.8% |
| Net margin | 7.9% | 0.2% |
| Return on equity | 12.8% | 0.1% |
| Diluted EPS | CAD 2.15 | CAD 0.14 |
| Dividend / share | CAD 0.78 | · |
| Payout ratio | 36.6% | · |
| Free cash flow | · | CAD 149.4M |
| Equity | · | CAD 1.6B |
| Net debt / equity | 0.26× | 0.38× |
| Current ratio | 1.57× | 1.62× |
| Revenue CAGR 5y | 29.7% | 14.5% |
| Profit CAGR 5y | · | · |
CVE bills 27.0× the revenue of PDS, and keeps more of each dollar of revenue as profit (7.9% against 0.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CVE | PDS |
|---|---|---|
| FY2025 | CAD 49.7B | CAD 1.8B |
| FY2024 | CAD 54.3B | CAD 1.9B |
| FY2023 | CAD 52.2B | CAD 1.9B |
| FY2022 | CAD 66.9B | CAD 1.6B |
| FY2021 | CAD 46.4B | CAD 986.8M |
| FY2020 | CAD 13.5B | CAD 935.8M |
| FY2019 | CAD 20.5B | CAD 1.5B |
| FY2018 | CAD 20.8B | CAD 1.5B |
| FY2017 | CAD 17.0B | CAD 1.3B |
| FY2016 | CAD 11.0B | CAD 1.0B |
Bottom line
| Fiscal year | CVE | PDS |
|---|---|---|
| FY2025 | CAD 3.9B | CAD 1.8M |
| FY2024 | CAD 3.1B | CAD 111.2M |
| FY2023 | CAD 4.1B | CAD 289.2M |
| FY2022 | CAD 6.5B | CAD -34.3M |
| FY2021 | CAD 587.0M | CAD -177.4M |
| FY2020 | CAD -2.4B | CAD -120.1M |
| FY2019 | CAD 2.2B | CAD 6.6M |
| FY2018 | CAD -2.7B | CAD -294.3M |
| FY2017 | CAD 3.4B | CAD -132.0M |
| FY2016 | CAD -545.0M | CAD -155.6M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CAD 47,852,296,000 | CVE |
| FY2024 | +CAD 52,374,672,000 | CVE |
| FY2023 | +CAD 50,266,146,000 | CVE |
| FY2022 | +CAD 65,279,806,000 | CVE |
| FY2021 | +CAD 45,370,153,000 | CVE |
| FY2020 | +CAD 12,607,247,000 | CVE |
| FY2019 | +CAD 19,000,680,000 | CVE |
| FY2018 | +CAD 19,301,811,000 | CVE |
| FY2017 | +CAD 15,721,776,000 | CVE |
| FY2016 | +CAD 10,002,767,000 | CVE |
CVE has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +7.7 pp | CVE |
| FY2024 | −0.1 pp | PDS |
| FY2023 | −7.1 pp | PDS |
| FY2022 | +11.8 pp | CVE |
| FY2021 | +19.2 pp | CVE |
| FY2020 | −4.7 pp | PDS |
| FY2019 | +10.3 pp | CVE |
| FY2018 | +6.3 pp | CVE |
| FY2017 | +29.7 pp | CVE |
| FY2016 | +10.6 pp | CVE |
The higher net margin has changed hands between CVE and PDS over this period.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CVE's net margin has been more volatile than PDS's over the 10 comparable fiscal years — 10.9 percentage points of standard deviation against 10.7.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CVE and PDS over these 10 fiscal years — CVE led in 7 and PDS in 3.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PDS's return on equity has been more volatile than CVE's over the 3 comparable fiscal years — 8.5 percentage points of standard deviation against 1.6.
3 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CVE and PDS over these 3 fiscal years — CVE led in 2 and PDS in 1.
3 of 11 comparable fiscal years — a year missing data on either side is not counted.