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Popular BPOP Non-Cash Lease Expense

Discontinued — last reported Q2 '25

Non-Cash Lease Expense at other companies

Marsh logo
MarshMRSH
$76M+4.1%
MGM Resorts International logo
MGM Resorts InternationalMGM
$126.55M-1.4%
Cloudflare, Inc. logo
Cloudflare, Inc.NET
$20.27M+38.3%
Global Payments logo
Global PaymentsGPN
$14.97M+5.7%
Popular logo
PopularBPOP
SQ
SQSQ

Other financials

Income statement

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Revenue$835.8M+10.3%
Net income$245.7M+38.4%
EPS (diluted)$3.78+47.7%

Balance sheet

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Cash & equivalents$394.7M+1.1%
Total debt$1.6B+13.3%
Total equity$6.3B+8.8%
Total assets$76.1B+2.8%

Cash flow

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Operating cash flow$191.6M+11.4%
CapEx$36.7M-28.8%
Free cash flow$154.9M+28.5%

Valuation

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Market cap$10.28B+36.1%
Enterprise value$11.49B+33.6%
P/E11.4×+0.4×
P/S3.1×+0.6×

Profitability

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Net margin27.5%+4.4pp
FCF margin21.8%+5.9pp

Returns & leverage

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Return on equity14.9%+2.3pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Popular in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseCost.

The official record: Popular’s 10-Q, filed August 11, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Popular's non-cash lease expense?
Popular (BPOP) reported non-cash lease expense of $7.6M in Q2 2025.
How has Popular's non-cash lease expense changed year-over-year?
Popular's non-cash lease expense decreased by 0.7% year-over-year, from $7.65M to $7.6M.
What is the long-term trend for Popular's non-cash lease expense?
Over 3 years (2021 to 2024), Popular's non-cash lease expense has grown at a 0.8% compound annual growth rate (CAGR), from $29.97M to $30.66M.
What does non-cash lease expense mean?
The non-cash expense recognized for the use of assets under operating lease agreements.
How do you interpret non-cash lease expense?
Higher values indicate a larger footprint of leased assets, while lower values suggest a reduction in leased property or shorter lease terms.
How does non-cash lease expense compare across companies?
Standard operating expense metric for companies with significant real estate or equipment lease portfolios.