Discontinued — last reported Q3 '19

Non-Current Liabilities

Operating Lease Liabilities

CVS Health Operating Lease Liabilities decreased by 2.6% to $13.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $14.90B to $13.64B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows a downward trend with a -6.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2019

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$18.51B$18.46B$18.18B$17.79B$17.50B$17.17B$16.80B$16.57B$16.61B$16.44B$16.03B$15.74B$15.54B$15.26B$14.90B$14.59B$14.33B$14.01B$13.64B
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%
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%
Range$13.64B$18.51B
CAGR-6.6%
Avg YoY Growth-6.5%
Median YoY Growth-6.9%
Current Streak10 quarters decline

Frequently Asked Questions

What is CVS Health's operating lease liabilities?
CVS Health (CVS) reported operating lease liabilities of $13.64B in Q4 2025.
How has CVS Health's operating lease liabilities changed year-over-year?
CVS Health's operating lease liabilities decreased by 8.4% year-over-year, from $14.90B to $13.64B.
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 amount of lease payments due after one year.