Operating
Non-Cash Lease Expense
Lowe's Companies Non-Cash Lease Expense increased by 13.9% to $131.00M in Q1 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $131.00M to $131.00M. Over 3 years (FY 2021 to FY 2024), Non-Cash Lease Expense shows relatively stable performance with a 0.2% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ3 2020
Last reportedQ1 2025May 29, 2025
How to read this metric
An increase suggests an expansion of the company's physical footprint or equipment leasing arrangements.
Detailed definition
This reflects the non-cash amortization of right-of-use assets associated with operating leases under accounting standar...
Peer comparison
Standard for all companies reporting under modern lease accounting standards.
Metric ID:
operating_lease_expenseHistorical Data
17 periods
| Q1 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $124.00M | $149.00M | $130.00M | $114.00M | $135.00M | $106.00M | $129.00M | $160.00M | $108.00M | $152.00M | $132.00M | $107.00M | $131.00M | $136.00M | $138.00M | $115.00M | $131.00M |
| QoQ Change | — | +20.2% | -12.8% | -12.3% | +18.4% | -21.5% | +21.7% | +24.0% | -32.5% | +40.7% | -13.2% | -18.9% | +22.4% | +3.8% | +1.5% | -16.7% | +13.9% |
| YoY Change | — | — | — | — | +8.9% | -28.9% | -0.8% | +40.4% | -20.0% | +43.4% | +2.3% | -33.1% | +21.3% | -10.5% | +4.5% | +7.5% | +0.0% |
Range$106.00M – $160.00M
CAGR+1.4%
Avg YoY Growth+2.7%
Median YoY Growth+2.3%
Non-Cash Lease Expense at Other Companies
Frequently Asked Questions
- What is Lowe's Companies's non-cash lease expense?
- Lowe's Companies (LOW) reported non-cash lease expense of $131.00M in Q1 2025.
- How has Lowe's Companies's non-cash lease expense changed year-over-year?
- Lowe's Companies's non-cash lease expense decreased by 0.0% year-over-year, from $131.00M to $131.00M.
- What is the long-term trend for Lowe's Companies's non-cash lease expense?
- Over 3 years (2021 to 2024), Lowe's Companies's non-cash lease expense has grown at a 0.2% compound annual growth rate (CAGR), from $517.00M to $520.00M.
- What does non-cash lease expense mean?
- The non-cash accounting charge for the use of leased assets.