Non-Current Assets

Operating Lease Assets Noncurrent

Burlington Stores Operating Lease Assets Noncurrent increased by 0.4% to $3.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $3.42B to $3.64B. Over 5 years (FY 2020 to FY 2025), Operating Lease Assets Noncurrent shows an upward trend with a 8.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026May 28, 2026

How to read this metric

An increase reflects an expansion of the store footprint or lease renewals, while a decrease suggests store closures or lease expirations.

Detailed definition

This represents the right-of-use asset recognized on the balance sheet for long-term operating leases, such as store loc...

Peer comparison

Standard for all retailers following ASC 842 lease accounting standards.

Metric ID: non_current_assets_operating_lease_assets_noncurrent

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.50B$2.51B$2.65B$2.64B$2.82B$2.83B$2.95B$2.95B$2.97B$2.93B$3.13B$3.13B$3.15B$3.14B$3.26B$3.39B$3.42B$3.54B$3.64B$3.62B$3.64B
QoQ Change+0.2%+5.9%-0.6%+6.8%+0.5%+4.2%-0.2%+0.8%-1.4%+7.0%+0.1%+0.5%-0.2%+3.8%+3.7%+0.8%+3.7%+2.7%-0.4%+0.4%
YoY Change+12.6%+13.0%+11.2%+11.7%+5.4%+3.3%+6.1%+6.3%+6.1%+7.5%+4.3%+8.1%+8.4%+12.7%+11.5%+7.0%+6.5%
Range$2.50B$3.64B
CAGR+7.8%
Avg YoY Growth+8.3%
Median YoY Growth+7.5%

Frequently Asked Questions

What is Burlington Stores's operating lease assets noncurrent?
Burlington Stores (BURL) reported operating lease assets noncurrent of $3.64B in Q1 2026.
How has Burlington Stores's operating lease assets noncurrent changed year-over-year?
Burlington Stores's operating lease assets noncurrent increased by 6.5% year-over-year, from $3.42B to $3.64B.
What is the long-term trend for Burlington Stores's operating lease assets noncurrent?
Over 5 years (2020 to 2025), Burlington Stores's operating lease assets noncurrent has grown at a 8.0% compound annual growth rate (CAGR), from $2.47B to $3.62B.
What does operating lease assets noncurrent mean?
The value of the company's right to use leased properties like stores and warehouses over a long period.