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Non-Current Liabilities

Operating Lease Liabilities

Home Depot Operating Lease Liabilities increased by 0.0% to $8.16B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $7.71B to $8.16B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 8.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 27, 2026

How to read this metric

An increase reflects a larger footprint of leased stores or facilities, while a decrease suggests store closures or lease expirations.

Detailed definition

This represents the present value of future lease payments for real estate and equipment that are due after more than on...

Peer comparison

High for retail companies with extensive physical store networks compared to asset-light service firms.

Metric ID: operating_lease_liabilities_non_current

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.28B$5.36B$5.29B$5.35B$5.34B$5.43B$5.81B$6.23B$6.21B$6.38B$6.3B$7.08B$7.11B$7.64B$7.54B$7.63B$7.71B$7.67B$7.99B$8.16B$8.16B
QoQ Change+1.5%-1.3%+1.2%-0.3%+1.8%+6.9%+7.2%-0.3%+2.7%-1.2%+12.4%+0.4%+7.4%-1.3%+1.3%+1.1%-0.6%+4.1%+2.2%+0.0%
YoY Change+1.1%+1.3%+9.8%+16.3%+16.4%+17.4%+8.5%+13.7%+14.5%+19.7%+19.7%+7.8%+8.5%+0.4%+5.9%+6.9%+5.8%
Range$5.28B$8.16B
CAGR+9.1%
Avg YoY Growth+10.2%
Median YoY Growth+8.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Home Depot's operating lease liabilities?
Home Depot (HD) reported operating lease liabilities of $8.16B in Q1 2026.
How has Home Depot's operating lease liabilities changed year-over-year?
Home Depot's operating lease liabilities increased by 5.8% year-over-year, from $7.71B to $8.16B.
What is the long-term trend for Home Depot's operating lease liabilities?
Over 5 years (2020 to 2025), Home Depot's operating lease liabilities has grown at a 8.8% compound annual growth rate (CAGR), from $5.36B to $8.16B.
What does operating lease liabilities mean?
The long-term portion of the company's financial obligations for leased properties and equipment.