Operating Expenses
Total Lease Cost
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
How to read this metric
An upward trend indicates a growing reliance on leased assets, which may impact operating margins and long-term capital structure.
Detailed definition
This represents the aggregate expense recognized for all lease arrangements, including both operating and finance leases...
Peer comparison
Used by analysts to normalize operating expenses across companies with different asset ownership models.
Metric ID:
cvx_total_lease_costTotal Lease Cost at Other Companies
Frequently Asked Questions
- What does total lease cost mean?
- The total annual expense incurred for all leased assets.