Discontinued — last reported Q4 '25
Operating Lease Liabilities (Current)
American Electric Power Operating Lease Liabilities (Current) increased by 3.6% to $117.70M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 28.4%, from $91.70M to $117.70M. Over 2 years (FY 2020 to FY 2022), Operating Lease Liabilities (Current) shows a downward trend with a -31.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.
Detailed definition
The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...
Peer comparison
Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.
operating_lease_liabilities_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $242.70M | $241.80M | $97.60M | $95.00M | $94.10M | $91.70M | $113.60M | $117.70M |
| QoQ Change | — | -0.4% | -59.6% | -2.7% | -0.9% | -2.6% | +23.9% | +3.6% |
| YoY Change | — | — | — | — | -61.2% | -62.1% | +16.4% | +28.4% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is American Electric Power's operating lease liabilities (current)?
- American Electric Power (AEP) reported operating lease liabilities (current) of $117.70M in Q3 2023.
- How has American Electric Power's operating lease liabilities (current) changed year-over-year?
- American Electric Power's operating lease liabilities (current) increased by 28.4% year-over-year, from $91.70M to $117.70M.
- What is the long-term trend for American Electric Power's operating lease liabilities (current)?
- Over 2 years (2020 to 2022), American Electric Power's operating lease liabilities (current) has grown at a -31.4% compound annual growth rate (CAGR), from $241.30M to $113.60M.
- What does operating lease liabilities (current) mean?
- The amount of rent and lease payments the company must pay in the next year.