Non-Current Liabilities
Operating Lease Liabilities
CVS Health Operating Lease Liabilities decreased by 2.3% to $13.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.7%, from $14.59B to $13.33B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows a downward trend with a -6.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 6, 2026
How to read this metric
High levels indicate significant long-term fixed costs, which can impact financial flexibility during economic downturns.
Detailed definition
This represents the long-term portion of obligations arising from operating leases for assets like real estate or equipm...
Peer comparison
High for retail-heavy companies; comparable to peers with large physical store networks.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
20 periods
| 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 | $18.51B | $18.46B | $18.18B | $17.79B | $17.5B | $17.17B | $16.8B | $16.57B | $16.61B | $16.44B | $16.03B | $15.74B | $15.54B | $15.26B | $14.9B | $14.59B | $14.33B | $14.01B | $13.64B | $13.33B |
| QoQ Change | — | -0.3% | -1.5% | -2.2% | -1.6% | -1.9% | -2.2% | -1.4% | +0.2% | -1.0% | -2.5% | -1.8% | -1.3% | -1.8% | -2.4% | -2.0% | -1.8% | -2.2% | -2.6% | -2.3% |
| YoY Change | — | — | — | — | -5.4% | -6.9% | -7.6% | -6.8% | -5.1% | -4.3% | -4.6% | -5.0% | -6.5% | -7.2% | -7.1% | -7.3% | -7.8% | -8.2% | -8.4% | -8.7% |
Range$13.33B – $18.51B
CAGR-6.7%
Avg YoY Growth-6.7%
Median YoY Growth-7.0%
Current Streak11 quarters decline
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is CVS Health's operating lease liabilities?
- CVS Health (CVS) reported operating lease liabilities of $13.33B in Q1 2026.
- How has CVS Health's operating lease liabilities changed year-over-year?
- CVS Health's operating lease liabilities decreased by 8.7% year-over-year, from $14.59B to $13.33B.
- What is the long-term trend for CVS Health's operating lease liabilities?
- Over 5 years (2020 to 2025), CVS Health's operating lease liabilities has grown at a -6.2% compound annual growth rate (CAGR), from $18.76B to $13.64B.
- What does operating lease liabilities mean?
- The long-term portion of lease payments for assets like buildings or equipment.