Non-Current Assets
Operating Lease ROU Assets
Southern Company Operating Lease ROU Assets decreased by 0.5% to $1.35B in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 312632.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase reflects expansion of leased operational footprints, while a decrease suggests lease expirations or a shift in operational strategy.
Detailed definition
This represents the right-of-use asset recognized on the balance sheet for operating leases under accounting standards l...
Peer comparison
This metric is standard for all companies reporting under ASC 842 and is used to assess the scale of off-balance-sheet-style commitments brought onto the balance sheet.
Metric ID:
operating_lease_rou_assetsHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.78B | $1.72B | $1.7B | $1.69B | $1.62B | $1.56B | $1.53B | $1.47B | $1.36B | $1.35B |
| QoQ Change | — | -2.9% | -1.3% | -0.5% | -4.1% | -3.9% | -1.9% | -4.2% | -7.4% | -0.5% |
| YoY Change | — | — | — | — | -8.6% | -9.5% | -10.0% | -6.0% | — | — |
Range$1.35B – $1.78B
CAGR-11.4%
Avg YoY Growth-8.5%
Median YoY Growth-9.0%
Current Streak9+ quarters decline
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is Southern Company's operating lease rou assets?
- Southern Company (SO) reported operating lease rou assets of $1.35B in Q1 2026.
- What is the long-term trend for Southern Company's operating lease rou assets?
- Over 3 years (2020 to 2025), Southern Company's operating lease rou assets has grown at a 312632.0% compound annual growth rate (CAGR), from $0.04 to $1.36B.
- What does operating lease rou assets mean?
- The balance sheet value of the right to use assets that the company leases.