Other

ROU Asset Obtained - Operating Lease

Zoetis ROU Asset Obtained - Operating Lease increased by 233.3% to $10.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 42.9%, from $7.00M to $10.00M.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ3 2020
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase suggests business expansion or renewal of existing lease commitments.

Detailed definition

This is a non-cash metric representing the initial recognition of right-of-use assets resulting from new operating lease...

Peer comparison

Standard disclosure under modern lease accounting standards for all public companies.

Metric ID: cvx_rou_asset_obtained_operating_lease

Historical Data

14 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$23.00M$19.00M$22.00M$5.00M$13.00M$20.00M$41.00M$8.00M$18.00M$13.00M$7.00M$51.00M$3.00M$10.00M
QoQ Change-17.4%+15.8%-77.3%+160.0%+53.8%+105.0%-80.5%+125.0%-27.8%-46.2%+628.6%-94.1%+233.3%
YoY Change-78.3%-31.6%-9.1%+720.0%-38.5%-10.0%-68.3%-12.5%+183.3%-76.9%+42.9%
Range$3.00M$51.00M
CAGR-22.6%
Avg YoY Growth+56.5%
Median YoY Growth-12.5%

Frequently Asked Questions

What is Zoetis's rou asset obtained - operating lease?
Zoetis (ZTS) reported rou asset obtained - operating lease of $10.00M in Q1 2026.
How has Zoetis's rou asset obtained - operating lease changed year-over-year?
Zoetis's rou asset obtained - operating lease increased by 42.9% year-over-year, from $7.00M to $10.00M.
What does rou asset obtained - operating lease mean?
The value of new assets acquired through operating leases.