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Five Below FIVE Operating Lease Liabilities

Operating Lease Liabilities at other companies

Target logo
TargetTGT
$3.42B-4.2%
Dollar General logo
Dollar GeneralDG
$9.67B-1.3%
Walmart
 logo
Walmart WMT
$14.39B+12.4%
Dollar Tree logo
Dollar TreeDLTR
$3.66B+4.2%
Amazon logo
AmazonAMZN
$90.81B+13.7%
Best Buy logo
Best BuyBBY
$2.34B+2.9%

Other financials

Income statement

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Revenue$1.3B+32.5%
Gross profit$478.6M+47.8%
Operating income$154.2M+203%
Net income$123.1M+199%
EPS (diluted)$2.21+195%

Balance sheet

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Cash & equivalents$638.9M+49.5%
Total debt$2.0B+1.2%
Total equity$2.3B+24.5%
Total assets$5.1B+13.5%

Cash flow

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Operating cash flow$227.2M+71.3%
CapEx$37.2M+2.7%
Free cash flow$190.0M+97.0%

Valuation

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Market cap$10.73B+211%
Enterprise value$12.09B+151%
P/E24.4×+11.2×
P/S2.1×+1.3×

Profitability

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Gross margin36.8%+1.8pp
Operating margin11%+2.7pp
Net margin8.7%+2.1pp
FCF margin8.2%+7.7pp

Returns & leverage

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Return on equity21.1%+5.8pp
Debt / equity0.9×-0.2×
Current ratio2.1×+0.4×

Where this comes from

Reported directly by Five Below in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The official record: Five Below’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Five Below's operating lease liabilities?
Five Below (FIVE) reported operating lease liabilities of $1.7B in Q1 2026.
How has Five Below's operating lease liabilities changed year-over-year?
Five Below's operating lease liabilities increased by 1.7% year-over-year, from $1.67B to $1.7B.
What is the long-term trend for Five Below's operating lease liabilities?
Over 5 years (2020 to 2025), Five Below's operating lease liabilities has grown at a 12.3% compound annual growth rate (CAGR), from $967.26M to $1.73B.
What does operating lease liabilities mean?
The total amount of rent and lease payments due after one year.
How do you interpret operating lease liabilities?
A growing balance indicates long-term expansion of the physical store base, representing a long-term fixed cost commitment.
How does operating lease liabilities compare across companies?
Essential for evaluating the long-term fixed cost structure of retail chains.