Cenovus Energy (CVE) Operating Leases (2018 - 2025)
Cenovus Energy (CVE) posted Operating Leases of $2.3 billion for Q4 2025, up 9.1% sequentially from $2.1 billion in Q3 2025, and up 8.66% YoY from $2.1 billion in Q4 2024.
Cenovus Energy (CVE) Operating Leases (2018 - 2025) Analysis & Trends
Cenovus Energy has reported Operating Leases for 8 years, with the latest figure at $2.3 billion in Q4 2025.
- Quarterly Operating Leases rose 8.66% year-over-year to $2.3 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.3 billion (up 8.66% YoY) and the FY2025 annual result came in at $2.3 billion, up 6.29% from the prior year.
- Operating Leases improved to $2.3 billion in Q4 2025 per CVE's latest filing, from $2.1 billion in the prior quarter.
- Over five years, Operating Leases peaked at $2.5 billion in Q2 2021 and troughed at $1.9 billion in Q3 2024.
- A 5-year average of $2.2 billion and a median of $2.1 billion in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2021 and 2022: Operating Leases jumped 77.59% in 2021, then decreased 10.94% in 2022.
- Over 5 years, Operating Leases stood at $2.3 billion in 2021, then fell by 10.94% to $2.1 billion in 2022, then dropped by 6.55% to $2.0 billion in 2023, then gained by 7.32% to $2.1 billion in 2024, then climbed by 8.66% to $2.3 billion in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $2.3 billion, $2.1 billion, and $2.1 billion for Q4 2025, Q3 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn |
| 10 | Cenovus Energy | 12.32 Bn | 10.04 Bn | 8.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.28 Bn |
| Sep 30, 2025 | 2.09 Bn |
| Dec 31, 2024 | 2.10 Bn |
| Sep 30, 2024 | 1.94 Bn |
| Dec 31, 2023 | 1.95 Bn |
| Sep 30, 2023 | 2.04 Bn |
| Dec 31, 2022 | 2.09 Bn |
| Sep 30, 2022 | 2.20 Bn |
| Jun 30, 2022 | 2.25 Bn |
| Dec 31, 2021 | 2.35 Bn |
| Sep 30, 2021 | 2.44 Bn |
| Jun 30, 2021 | 2.51 Bn |
| Dec 31, 2020 | 1.35 Bn |
| Sep 30, 2020 | 1.38 Bn |
| Dec 31, 2019 | 1.45 Bn |
| Jun 30, 2019 | 1.04 Bn |
| Dec 31, 2018 | 1.13 Bn |