Current Liabilities
Operating Lease Liabilities (Current)
Lowe's Companies Operating Lease Liabilities (Current) decreased by 7.2% to $662M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.8%, from $562M to $662M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 5.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026May 28, 2026
How to read this metric
Rising liabilities suggest an expanding physical footprint or higher rental costs, impacting fixed operating expenses.
Detailed definition
This reflects the current portion of obligations arising from operating leases for stores, distribution centers, and equ...
Peer comparison
Highly comparable among large-scale retailers with significant physical store networks.
Metric ID:
operating_lease_liabilities_currentHistorical Data
21 periods
| Q1 '21 | 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 | $551M | $557M | $573M | $636M | $639M | $652M | $651M | $522M | $525M | $534M | $533M | $487M | $552M | $552M | $497M | $563M | $562M | $536M | $691M | $713M | $662M |
| QoQ Change | — | +1.1% | +2.9% | +11.0% | +0.5% | +2.0% | -0.2% | -19.8% | +0.6% | +1.7% | -0.2% | -8.6% | +13.3% | +0.0% | -10.0% | +13.3% | -0.2% | -4.6% | +28.9% | +3.2% | -7.2% |
| YoY Change | — | — | — | — | +16.0% | +17.1% | +13.6% | -17.9% | -17.8% | -18.1% | -18.1% | -6.7% | +5.1% | +3.4% | -6.8% | +15.6% | +1.8% | -2.9% | +39.0% | +26.6% | +17.8% |
Range$487M – $713M
CAGR+3.7%
Avg YoY Growth+4.0%
Median YoY Growth+3.4%
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Lowe's Companies's operating lease liabilities (current)?
- Lowe's Companies (LOW) reported operating lease liabilities (current) of $662M in Q1 2026.
- How has Lowe's Companies's operating lease liabilities (current) changed year-over-year?
- Lowe's Companies's operating lease liabilities (current) increased by 17.8% year-over-year, from $562M to $662M.
- What is the long-term trend for Lowe's Companies's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), Lowe's Companies's operating lease liabilities (current) has grown at a 5.7% compound annual growth rate (CAGR), from $541M to $713M.
- What does operating lease liabilities (current) mean?
- The amount of lease payments for stores and equipment due within the next year.