Non-Current Liabilities
Operating Lease Liabilities
Ovintiv Operating Lease Liabilities increased by 5.8% to $1.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $1.11B to $1.17B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 3.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 11, 2026
How to read this metric
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
Detailed definition
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Peer comparison
Standard long-term liability for companies with significant real estate or equipment footprints.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $938.00M | $900.00M | $889.00M | $903.00M | $876.00M | $812.00M | $814.00M | $809.00M | $847.00M | $813.00M | $832.00M | $818.00M | $804.00M | $798.00M | $737.00M | $1.11B | $1.15B | $1.11B | $1.11B | $1.17B |
| QoQ Change | — | -4.1% | -1.2% | +1.6% | -3.0% | -7.3% | +0.2% | -0.6% | +4.7% | -4.0% | +2.3% | -1.7% | -1.7% | -0.7% | -7.6% | +50.2% | +3.6% | -3.7% | +0.0% | +5.8% |
| YoY Change | — | — | — | — | -6.6% | -9.8% | -8.4% | -10.4% | -3.3% | +0.1% | +2.2% | +1.1% | -5.1% | -1.8% | -11.4% | +35.3% | +42.7% | +38.5% | +49.9% | +5.6% |
Range$737.00M – $1.17B
CAGR+4.7%
Avg YoY Growth+7.4%
Median YoY Growth-0.9%
Current Streak2 quarters growth
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Ovintiv's operating lease liabilities?
- Ovintiv (OVV) reported operating lease liabilities of $1.17B in Q1 2026.
- How has Ovintiv's operating lease liabilities changed year-over-year?
- Ovintiv's operating lease liabilities increased by 5.6% year-over-year, from $1.11B to $1.17B.
- What is the long-term trend for Ovintiv's operating lease liabilities?
- Over 5 years (2020 to 2025), Ovintiv's operating lease liabilities has grown at a 3.3% compound annual growth rate (CAGR), from $938.00M to $1.11B.
- What does operating lease liabilities mean?
- The amount of lease payments due after one year.