Non-Current Liabilities

Operating Lease Liabilities

AutoZone Operating Lease Liabilities increased by 1.1% to $3.18B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $3.01B to $3.18B. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities shows an upward trend with a 4.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025

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_current

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$2.63B$2.62B$2.64B$2.66B$2.84B$2.84B$2.85B$2.86B$2.92B$2.91B$2.90B$2.96B$2.96B$2.98B$3.01B$3.02B$3.09B$3.14B$3.18B
QoQ Change-0.3%+0.6%+0.7%+6.7%+0.0%+0.6%+0.3%+1.9%-0.2%-0.3%+2.1%-0.1%+0.8%+0.8%+0.4%+2.4%+1.5%+1.1%
YoY Change+7.8%+8.1%+8.1%+7.6%+2.8%+2.5%+1.7%+3.5%+1.5%+2.5%+3.6%+1.9%+4.5%+5.2%+5.6%
Range$2.62B$3.18B
CAGR+4.2%
Avg YoY Growth+4.5%
Median YoY Growth+3.6%
Current Streak6 quarters growth

Frequently Asked Questions

What is AutoZone's operating lease liabilities?
AutoZone (AZO) reported operating lease liabilities of $3.18B in Q4 2025.
How has AutoZone's operating lease liabilities changed year-over-year?
AutoZone's operating lease liabilities increased by 5.6% year-over-year, from $3.01B to $3.18B.
What is the long-term trend for AutoZone's operating lease liabilities?
Over 4 years (2021 to 2025), AutoZone's operating lease liabilities has grown at a 4.1% compound annual growth rate (CAGR), from $2.63B to $3.09B.
What does operating lease liabilities mean?
The amount of lease payments due after one year.