Other

ROU Asset Obtained - Operating Lease

SBA Communications ROU Asset Obtained - Operating Lease decreased by 90.5% to $11.43M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 59.3%, from $28.10M to $11.43M. Over 4 years (FY 2021 to FY 2025), ROU Asset Obtained - Operating Lease shows an upward trend with a 59.9% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests business expansion or renewal of existing lease commitments.

Detailed definition

This is a non-cash metric representing the initial recognition of right-of-use assets resulting from new operating lease...

Peer comparison

Standard disclosure under modern lease accounting standards for all public companies.

Metric ID: cvx_rou_asset_obtained_operating_lease

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$10.51M$5.29M$5.62M$41.04M$74.05M$22.04M$34.08M$7.73M$10.84M$28.34M$8.50M$4.86M$11.27M$28.12M$14.93M$28.10M$48.02M$21.72M$120.04M$11.43M
QoQ Change-49.6%+6.2%+629.7%+80.4%-70.2%+54.6%-77.3%+40.1%+161.5%-70.0%-42.8%+131.9%+149.5%-46.9%+88.2%+70.9%-54.8%+452.6%-90.5%
YoY Change+604.8%+316.3%+505.9%-81.2%-85.4%+28.6%-75.1%-37.1%+4.0%-0.8%+75.7%+478.0%+326.0%-22.8%+703.8%-59.3%
Range$4.86M$120.04M
CAGR+1.8%
Avg YoY Growth+167.6%
Median YoY Growth+16.3%

Frequently Asked Questions

What is SBA Communications's rou asset obtained - operating lease?
SBA Communications (SBAC) reported rou asset obtained - operating lease of $11.43M in Q1 2026.
How has SBA Communications's rou asset obtained - operating lease changed year-over-year?
SBA Communications's rou asset obtained - operating lease decreased by 59.3% year-over-year, from $28.10M to $11.43M.
What is the long-term trend for SBA Communications's rou asset obtained - operating lease?
Over 4 years (2021 to 2025), SBA Communications's rou asset obtained - operating lease has grown at a 59.9% compound annual growth rate (CAGR), from $33.32M to $217.88M.
What does rou asset obtained - operating lease mean?
The value of new assets acquired through operating leases.