Cenovus Energy (CVE) Operating Leases (2018 - 2026)
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.
Analysis
Cenovus Energy (CVE) Operating Leases (2018 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.94 Bn |
| Mar 31, 2026 | 2.00 Bn |
| Dec 31, 2025 | 2.01 Bn |
| Sep 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.89 Bn |
| Mar 31, 2025 | 1.77 Bn |
| Dec 31, 2024 | 1.84 Bn |
| Sep 30, 2024 | 1.94 Bn |
| Jun 30, 2024 | 1.68 Bn |
| Mar 31, 2024 | 1.71 Bn |
| Dec 31, 2023 | 1.95 Bn |
| Sep 30, 2023 | 2.04 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 1.86 Bn |
| Dec 31, 2022 | 2.09 Bn |
| Sep 30, 2022 | 2.20 Bn |
| Jun 30, 2022 | 2.03 Bn |
| Mar 31, 2022 | 2.09 Bn |
| Dec 31, 2021 | 2.35 Bn |
| Sep 30, 2021 | 2.22 Bn |