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Non-Cash Lease Expense at other companies

Marsh logo
MarshMRSH
$76M+4.1%
MGM Resorts International logo
MGM Resorts InternationalMGM
$126.55M-1.4%
Cloudflare, Inc. logo
Cloudflare, Inc.NET
$20.27M+38.3%
ACM Research logo
ACM ResearchACMR
$1.21M+24.7%
Global Payments logo
Global PaymentsGPN
$14.97M+5.7%
SQ
SQSQ

Other financials

Income statement

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Revenue$1.0B+31.0%
Net income$182.1M-8.5%
EPS (diluted)$1.65-7.8%

Balance sheet

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Cash & equivalents$8.6B+161%
Total debt$4.7B+73.9%
Total equity$7.6B+10.0%
Total assets$98.9B+19.0%

Cash flow

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Operating cash flow-$507.2M+69.3%
CapEx$24.2M+45.8%
Free cash flow-$531.4M+68.2%

Valuation

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Market cap$8.73B-8.3%
Enterprise value$4.85B-50.5%
P/E9.2×-2.6×
P/S2.3×-0.7×

Profitability

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Net margin25.2%0.0pp
FCF margin-43.7%-17.4pp

Returns & leverage

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Return on equity13.1%+0.7pp
Debt / equity0.6×+0.2×

Where this comes from

Reported directly by Western Alliance Bancorporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAssetAmortizationExpense.

The official record: Western Alliance Bancorporation’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western Alliance Bancorporation's non-cash lease expense?
Western Alliance Bancorporation (WAL) reported non-cash lease expense of $5.88M in Q4 2025.
How has Western Alliance Bancorporation's non-cash lease expense changed year-over-year?
Western Alliance Bancorporation's non-cash lease expense decreased by 2.5% year-over-year, from $6.03M to $5.88M.
What is the long-term trend for Western Alliance Bancorporation's non-cash lease expense?
Over 4 years (2021 to 2025), Western Alliance Bancorporation's non-cash lease expense has grown at a 9.6% compound annual growth rate (CAGR), from $16.3M to $23.5M.
What does non-cash lease expense mean?
The non-cash cost of using leased assets like office space.
How do you interpret non-cash lease expense?
Stable levels indicate consistent leasing activity, while significant changes may reflect shifts in the bank's physical footprint.
How does non-cash lease expense compare across companies?
Standard across all companies with significant lease obligations; consistent with peer bank reporting.