Non-Current Liabilities

Operating Lease Liabilities (Total)

Ovintiv Operating Lease Liabilities (Total) increased by 49.2% to $1.22B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 49.2%, from $819.00M to $1.22B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 4.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2025Feb 23, 2026

How to read this metric

An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.

Detailed definition

This represents the total present value of future lease payments for operating leases, recognized as a liability on the...

Peer comparison

Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.

Metric ID: operating_lease_liabilities_total

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$951.00M$890.00M$919.00M$819.00M$1.22B
QoQ Change-6.4%+3.3%-10.9%+49.2%
YoY Change-6.4%+3.3%-10.9%+49.2%
Range$819.00M$1.22B
CAGR+28.5%
Avg YoY Growth+8.8%
Median YoY Growth-1.6%

Frequently Asked Questions

What is Ovintiv's operating lease liabilities (total)?
Ovintiv (OVV) reported operating lease liabilities (total) of $1.22B in Q4 2025.
How has Ovintiv's operating lease liabilities (total) changed year-over-year?
Ovintiv's operating lease liabilities (total) increased by 49.2% year-over-year, from $819.00M to $1.22B.
What is the long-term trend for Ovintiv's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Ovintiv's operating lease liabilities (total) has grown at a 4.0% compound annual growth rate (CAGR), from $1.01B to $1.22B.
What does operating lease liabilities (total) mean?
The total value of future payments the company is obligated to make for leased assets.