Operating Expenses
Variable Lease Cost
Burlington Stores Variable Lease Cost decreased by 0.5% to $70.37M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $67.66M to $70.37M.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026May 28, 2026
How to read this metric
Higher variable costs indicate greater exposure to operational volume or market-linked pricing in lease agreements.
Detailed definition
These are lease payments that depend on an index, rate, or usage-based factor rather than a fixed amount. Because these...
Peer comparison
Standard metric for retail and manufacturing firms with significant leased facility footprints.
Metric ID:
wmt_variable_lease_costHistorical Data
18 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $46.75M | $46.17M | $49.45M | $45.68M | $48.97M | $51.58M | $52.14M | $53.19M | $54.07M | $55.88M | $58.92M | $60.96M | $61.60M | $63.65M | $67.66M | $68.71M | $70.70M | $70.37M |
| QoQ Change | — | -1.2% | +7.1% | -7.6% | +7.2% | +5.3% | +1.1% | +2.0% | +1.7% | +3.3% | +5.4% | +3.5% | +1.0% | +3.3% | +6.3% | +1.5% | +2.9% | -0.5% |
| YoY Change | — | — | — | — | +4.8% | +11.7% | +5.5% | +16.4% | +10.4% | +8.3% | +13.0% | +12.7% | +10.2% | +8.0% | +11.0% | +11.5% | +11.1% | +4.0% |
Range$45.68M – $70.70M
CAGR+10.1%
Avg YoY Growth+9.9%
Median YoY Growth+10.7%
Variable Lease Cost at Other Companies
Frequently Asked Questions
- What is Burlington Stores's variable lease cost?
- Burlington Stores (BURL) reported variable lease cost of $70.37M in Q1 2026.
- How has Burlington Stores's variable lease cost changed year-over-year?
- Burlington Stores's variable lease cost increased by 4.0% year-over-year, from $67.66M to $70.37M.
- What does variable lease cost mean?
- Lease payments that fluctuate based on usage or external market indices.