Devon Energy Right Of Use Assets Noncurrent increased by 4.3% to $312.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 145.7%, from $127.00M to $312.00M. Over 5 years (FY 2020 to FY 2025), Right Of Use Assets Noncurrent shows an upward trend with a 6.0% CAGR.
An increase indicates a shift toward leasing rather than owning assets, which may impact financial leverage and operational flexibility.
The capitalized value of the right to use leased assets, such as drilling rigs, office space, or pipeline capacity, for...
Standardized across all companies with significant lease portfolios; used to assess off-balance-sheet financing risks.
non_current_assets_right_of_use_assets_noncurrent| 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 | $252.00M | $244.00M | $235.00M | $229.00M | $236.00M | $232.00M | $224.00M | $219.00M | $266.00M | $261.00M | $267.00M | $276.00M | $297.00M | $317.00M | $303.00M | $127.00M | $185.00M | $247.00M | $299.00M | $312.00M |
| QoQ Change | — | -3.2% | -3.7% | -2.6% | +3.1% | -1.7% | -3.4% | -2.2% | +21.5% | -1.9% | +2.3% | +3.4% | +7.6% | +6.7% | -4.4% | -58.1% | +45.7% | +33.5% | +21.1% | +4.3% |
| YoY Change | — | — | — | — | -6.3% | -4.9% | -4.7% | -4.4% | +12.7% | +12.5% | +19.2% | +26.0% | +11.7% | +21.5% | +13.5% | -54.0% | -37.7% | -22.1% | -1.3% | +145.7% |