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
DateValue
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