Non-Current Assets
Operating Lease ROU Assets
Citigroup Operating Lease ROU Assets increased by 4.7% to $2.93B in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $2.8B to $2.93B.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2022Nov 4, 2022
How to read this metric
An increase reflects expansion of physical footprint or lease renewals, while a decrease indicates downsizing or lease expirations.
Detailed definition
This represents the right-of-use asset recognized on the balance sheet for operating leases under accounting standards l...
Peer comparison
Common across all large financial institutions with significant real estate footprints; comparable to peers' capitalized lease assets.
Metric ID:
operating_lease_rou_assetsHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $2.8B | $2.8B | $2.91B | $2.9B | $2.8B | $2.93B |
| QoQ Change | — | +0.0% | +4.1% | -0.5% | -3.4% | +4.7% |
| YoY Change | — | — | — | — | +0.0% | +4.7% |
Range$2.8B – $2.93B
CAGR+3.8%
Avg YoY Growth+2.4%
Median YoY Growth+2.4%
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is Citigroup's operating lease rou assets?
- Citigroup (C) reported operating lease rou assets of $2.93B in Q3 2022.
- How has Citigroup's operating lease rou assets changed year-over-year?
- Citigroup's operating lease rou assets increased by 4.7% year-over-year, from $2.8B to $2.93B.
- What does operating lease rou assets mean?
- The value of the right to use leased assets like office space over the remaining lease term.