Operating lease cost
Single operating lease cost recognized during the period.
Worked example · a round-number company
Operating lease cost$1.0B÷Revenue$5.0B=Share of revenue20.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↕Neither higher nor lower is better. Shows recurring operating lease expense.
Keep in mind
- Excludes short-term, variable and finance lease costs.