AutoZone Operating Lease Liabilities increased by 1.1% to $3.18B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $3.01B to $3.18B. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities shows an upward trend with a 4.1% CAGR.
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Standard long-term liability for companies with significant real estate or equipment footprints.
operating_lease_liabilities_non_current| 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 | $2.63B | $2.62B | $2.64B | $2.66B | $2.84B | $2.84B | $2.85B | $2.86B | $2.92B | $2.91B | $2.90B | $2.96B | $2.96B | $2.98B | $3.01B | $3.02B | $3.09B | $3.14B | $3.18B |
| QoQ Change | — | -0.3% | +0.6% | +0.7% | +6.7% | +0.0% | +0.6% | +0.3% | +1.9% | -0.2% | -0.3% | +2.1% | -0.1% | +0.8% | +0.8% | +0.4% | +2.4% | +1.5% | +1.1% |
| YoY Change | — | — | — | — | +7.8% | +8.1% | +8.1% | +7.6% | +2.8% | +2.5% | +1.7% | +3.5% | +1.5% | +2.5% | +3.6% | +1.9% | +4.5% | +5.2% | +5.6% |