Non-Current Assets
Operating Lease ROU Assets
Lowe's Companies Operating Lease ROU Assets decreased by 2.8% to $4.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.1%, from $3.80B to $4.18B. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 2.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026May 28, 2026
How to read this metric
An increase reflects an expansion of the leased store footprint, while a decrease indicates lease expirations or a shift toward owned properties.
Detailed definition
This represents the right to use leased property, such as store locations or warehouses, over the lease term as recogniz...
Peer comparison
Highly dependent on the company's strategy regarding owning versus leasing real estate.
Metric ID:
operating_lease_rou_assetsHistorical 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 | $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 | $4.18B |
| 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% | -2.8% |
| 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% | +10.1% |
Range$3.50B – $4.35B
CAGR+1.5%
Avg YoY Growth+1.6%
Median YoY Growth+3.8%
Current Streak2 quarters decline
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is Lowe's Companies's operating lease rou assets?
- Lowe's Companies (LOW) reported operating lease rou assets of $4.18B 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 10.1% year-over-year, from $3.80B to $4.18B.
- What is the long-term trend for Lowe's Companies's operating lease rou assets?
- Over 5 years (2020 to 2025), Lowe's Companies's operating lease rou assets has grown at a 2.3% compound annual growth rate (CAGR), from $3.83B to $4.30B.
- What does operating lease rou assets mean?
- The value of the company's right to use leased assets like stores or warehouses.