Target Operating Lease ROU Assets increased by 1.2% to $3.74B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.4%, from $3.51B to $3.74B. Over 4 years (FY 2021 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 14.0% CAGR.
An increase reflects expansion of office footprint or new lease agreements, while a decrease indicates lease expirations or downsizing.
This asset represents the company's right to use an underlying leased asset, such as office space, over the lease term....
Standard under IFRS 16 and ASC 842 for all companies with significant real estate leases.
non_current_assets_operating_lease_right_of_use_asset| 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 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.50B | $2.54B | $2.56B | $2.57B | $2.54B | $2.60B | $2.66B | $2.64B | $2.84B | $3.09B | $3.36B | $3.49B | $3.55B | $3.51B | $3.76B | $3.74B | $3.69B | $3.74B |
| QoQ Change | — | +1.4% | +0.7% | +0.6% | -1.1% | +2.1% | +2.3% | -0.6% | +7.6% | +8.7% | +8.9% | +3.7% | +1.7% | -0.9% | +7.1% | -0.6% | -1.2% | +1.2% |
| YoY Change | — | — | — | — | +1.6% | +2.2% | +4.0% | +2.7% | +11.7% | +18.9% | +26.5% | +32.0% | +24.8% | +13.8% | +11.9% | +7.3% | +4.2% | +6.4% |