Non-Current Liabilities

Operating Lease Liabilities

Raytheon Technologies Operating Lease Liabilities decreased by 5.0% to $1.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.5%, from $1.65B to $1.52B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows relatively stable performance with a 1.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase reflects expanded operational footprint or reliance on leasing versus ownership, impacting long-term fixed cost structures.

Detailed definition

This metric represents the non-current portion of the present value of future lease payments for operating assets. Under...

Peer comparison

Standardized across companies with significant physical infrastructure; comparable to debt in terms of fixed obligation impact.

Metric ID: operating_lease_liabilities_non_current

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$1.56B$1.54B$1.66B$1.63B$1.59B$1.54B$1.59B$1.62B$1.57B$1.52B$1.41B$1.41B$1.42B$1.59B$1.63B$1.65B$1.62B$1.65B$1.60B$1.52B
QoQ Change-1.4%+7.5%-1.8%-2.1%-3.4%+3.1%+2.4%-3.3%-3.0%-7.3%-0.1%+0.4%+12.5%+2.5%+0.9%-1.8%+2.0%-2.9%-5.0%
YoY Change+1.9%-0.1%-4.3%-0.2%-1.4%-1.0%-11.0%-13.2%-9.9%+4.5%+15.6%+16.7%+14.3%+3.6%-1.8%-7.5%
Range$1.41B$1.66B
CAGR-0.6%
Avg YoY Growth+0.4%
Median YoY Growth-0.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Raytheon Technologies's operating lease liabilities?
Raytheon Technologies (RTX) reported operating lease liabilities of $1.52B in Q1 2026.
How has Raytheon Technologies's operating lease liabilities changed year-over-year?
Raytheon Technologies's operating lease liabilities decreased by 7.5% year-over-year, from $1.65B to $1.52B.
What is the long-term trend for Raytheon Technologies's operating lease liabilities?
Over 5 years (2020 to 2025), Raytheon Technologies's operating lease liabilities has grown at a 1.1% compound annual growth rate (CAGR), from $1.52B to $1.60B.
What does operating lease liabilities mean?
The long-term financial obligation resulting from leasing assets like buildings or equipment.