Discontinued — last reported Q2 '20

Non-Current Assets

Operating Lease ROU Assets

Lowe's Companies Operating Lease ROU Assets decreased by 1.0% to $4.30B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.1%, from $3.74B to $4.30B. Over 5 years (FY 2021 to FY 2026), Operating Lease ROU Assets shows an upward trend with a 2.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ2 2020

How to read this metric

An increase suggests expansion of leased facilities or equipment, while a decrease may indicate lease expirations or a shift toward ownership.

Detailed definition

This represents the capitalized value of the right to use leased assets, such as office space or equipment, over the lea...

Peer comparison

Standard across all public companies under ASC 842 or IFRS 16 reporting.

Metric ID: operating_lease_rou_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.89B$3.82B$4.16B$4.11B$4.13B$4.16B$3.51B$3.52B$3.50B$3.65B$3.65B$3.73B$3.83B$3.82B$3.77B$3.74B$3.80B$3.89B$4.35B$4.30B
QoQ Change-1.7%+8.9%-1.3%+0.6%+0.7%-15.5%+0.2%-0.4%+4.2%-0.1%+2.4%+2.6%-0.3%-1.3%-0.9%+1.6%+2.3%+11.8%-1.0%
YoY Change+6.3%+8.8%-15.6%-14.4%-15.2%-12.2%+3.8%+6.1%+9.3%+4.6%+3.4%+0.1%-0.8%+1.8%+15.2%+15.1%
Range$3.50B$4.35B
CAGR+2.2%
Avg YoY Growth+1.0%
Median YoY Growth+3.6%

Frequently Asked Questions

What is Lowe's Companies's operating lease rou assets?
Lowe's Companies (LOW) reported operating lease rou assets of $4.30B in Q1 2026.
How has Lowe's Companies's operating lease rou assets changed year-over-year?
Lowe's Companies's operating lease rou assets increased by 15.1% year-over-year, from $3.74B to $4.30B.
What is the long-term trend for Lowe's Companies's operating lease rou assets?
Over 5 years (2021 to 2026), Lowe's Companies's operating lease rou assets has grown at a 2.6% compound annual growth rate (CAGR), from $3.82B to $4.35B.
What does operating lease rou assets mean?
The balance sheet value of the company's right to use leased property and equipment.

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