Other
ROU Asset Obtained - Operating Lease
Southern Company ROU Asset Obtained - Operating Lease decreased by 52.9% to $41.00M in Q1 2026 compared to the prior quarter.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026Apr 30, 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_leaseHistorical Data
2 periods
| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $87.00M | $41.00M |
| QoQ Change | — | -52.9% |
| YoY Change | — | -52.9% |
Range$41.00M – $87.00M
Avg YoY Growth-52.9%
Median YoY Growth-52.9%
ROU Asset Obtained - Operating Lease at Other Companies
Frequently Asked Questions
- What is Southern Company's rou asset obtained - operating lease?
- Southern Company (SO) reported rou asset obtained - operating lease of $41.00M in Q1 2026.
- What does rou asset obtained - operating lease mean?
- The value of new assets acquired through operating leases.