Burlington Stores Operating Lease Assets Noncurrent increased by 0.4% to $3.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $3.42B to $3.64B. Over 5 years (FY 2020 to FY 2025), Operating Lease Assets Noncurrent shows an upward trend with a 8.0% CAGR.
An increase reflects an expansion of the store footprint or lease renewals, while a decrease suggests store closures or lease expirations.
This represents the right-of-use asset recognized on the balance sheet for long-term operating leases, such as store loc...
Standard for all retailers following ASC 842 lease accounting standards.
non_current_assets_operating_lease_assets_noncurrent| Q1 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.50B | $2.51B | $2.65B | $2.64B | $2.82B | $2.83B | $2.95B | $2.95B | $2.97B | $2.93B | $3.13B | $3.13B | $3.15B | $3.14B | $3.26B | $3.39B | $3.42B | $3.54B | $3.64B | $3.62B | $3.64B |
| QoQ Change | — | +0.2% | +5.9% | -0.6% | +6.8% | +0.5% | +4.2% | -0.2% | +0.8% | -1.4% | +7.0% | +0.1% | +0.5% | -0.2% | +3.8% | +3.7% | +0.8% | +3.7% | +2.7% | -0.4% | +0.4% |
| YoY Change | — | — | — | — | +12.6% | +13.0% | +11.2% | +11.7% | +5.4% | +3.3% | +6.1% | +6.3% | +6.1% | +7.5% | +4.3% | +8.1% | +8.4% | +12.7% | +11.5% | +7.0% | +6.5% |