Sublease Rental Revenues
Ovintiv Sublease Rental Revenues remained flat by 0.0% to $18.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $18.00M to $18.00M. Over 4 years (FY 2021 to FY 2025), Sublease Rental Revenues shows relatively stable performance with a 0.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests better asset utilization, while a decrease may indicate reduced demand for subleasing or lower rental rates.
Detailed definition
Income generated from leasing out excess office space, equipment, or other assets that are not currently required for co...
Peer comparison
Standard non-core revenue line item found across capital-intensive industries.
revenue_sublease_rental_revenuesHistorical Data
| 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 | $18.00M | $19.00M | $18.00M | $18.00M | $17.00M | $17.00M | $16.00M | $17.00M | $18.00M | $18.00M | $18.00M | $19.00M | $18.00M | $18.00M | $19.00M | $18.00M | $17.00M | $20.00M | $18.00M | $18.00M |
| QoQ Change | — | +5.6% | -5.3% | +0.0% | -5.6% | +0.0% | -5.9% | +6.3% | +5.9% | +0.0% | +0.0% | +5.6% | -5.3% | +0.0% | +5.6% | -5.3% | -5.6% | +17.6% | -10.0% | +0.0% |
| YoY Change | — | — | — | — | -5.6% | -10.5% | -11.1% | -5.6% | +5.9% | +5.9% | +12.5% | +11.8% | +0.0% | +0.0% | +5.6% | -5.3% | -5.6% | +11.1% | -5.3% | +0.0% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Canadian Operations | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Market Optimization | $0.00 | $0.00 | $0.00 | — | — | — | — | — |
| Usa Operations | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $19.00M | $18.00M | $18.00M | $19.00M | $18.00M | $17.00M | $20.00M | $18.00M |
Market Optimization was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Sublease Rental Revenues at Other Companies
Frequently Asked Questions
- What is Ovintiv's sublease rental revenues?
- Ovintiv (OVV) reported sublease rental revenues of $18.00M in Q1 2026.
- How has Ovintiv's sublease rental revenues changed year-over-year?
- Ovintiv's sublease rental revenues decreased by 0.0% year-over-year, from $18.00M to $18.00M.
- What is the long-term trend for Ovintiv's sublease rental revenues?
- Over 4 years (2021 to 2025), Ovintiv's sublease rental revenues has grown at a 0.0% compound annual growth rate (CAGR), from $73.00M to $73.00M.
- What does sublease rental revenues mean?
- Revenue earned from renting out unused company assets to third parties.