Discontinued — last reported Q4 '25
Operating Lease Liabilities
Non-Current LiabilitiesWalmart Operating Lease Liabilities increased by 4.1% to $13.71B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.0%, from $12.93B to $13.71B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows a downward trend with a -3.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2025
How to read this metric
An increase reflects an expansion of the company's physical footprint or data center capacity, while a decrease shows the aging of existing lease terms.
Detailed definition
The long-term portion of future payment obligations for leased assets, such as office spaces and data center facilities,...
Peer comparison
Significant for cloud providers who lease substantial data center space rather than owning all physical real estate.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
19 periods
| 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 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $12.93B | $13.12B | $13.10B | $13.01B | $13.23B | $13.14B | $12.66B | $12.83B | $12.93B | $12.98B | $12.82B | $12.94B | $12.84B | $12.81B | $12.93B | $12.83B | $12.80B | $13.17B | $13.71B |
| QoQ Change | — | +1.4% | -0.2% | -0.7% | +1.7% | -0.7% | -3.7% | +1.3% | +0.8% | +0.4% | -1.2% | +1.0% | -0.8% | -0.2% | +0.9% | -0.8% | -0.2% | +2.9% | +4.1% |
| YoY Change | — | — | — | — | +2.3% | +0.2% | -3.3% | -1.4% | -2.3% | -1.2% | +1.3% | +0.9% | -0.7% | -1.3% | +0.9% | -0.9% | -0.3% | +2.8% | +6.0% |
Range$12.66B – $13.71B
CAGR+1.3%
Avg YoY Growth+0.2%
Median YoY Growth-0.3%
Current Streak2 quarters growth
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Walmart 's operating lease liabilities?
- Walmart (WMT) reported operating lease liabilities of $13.71B in Q4 2025.
- How has Walmart 's operating lease liabilities changed year-over-year?
- Walmart 's operating lease liabilities increased by 6.0% year-over-year, from $12.93B to $13.71B.
- What is the long-term trend for Walmart 's operating lease liabilities?
- Over 5 years (2020 to 2025), Walmart 's operating lease liabilities has grown at a -3.0% compound annual growth rate (CAGR), from $15.98B to $13.71B.
- What does operating lease liabilities mean?
- The long-term debt-like obligation for renting facilities and equipment.