Cullen (CFR) Rent Expense (2009 - 2026)
Cullen (CFR) reported Rent Expense of $35.22 million for Q2 2026, up 1.7% from $34.64 million a year earlier and up 1.4% from the prior quarter.
Cullen (CFR) Rent Expense (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cullen's Rent Expense came in at $139 million, up 4.9% year-over-year; for FY2025, it was $136.94 million, up 6.4% from FY2024.
- Rent Expense has increased for 16 consecutive years, with a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- By year, Rent Expense came in at $128.75 million in FY2024 (+3.5%), $124.4 million in FY2023 (+10.6%), $112.5 million in FY2022 (+4.8%) and $107.34 million in FY2021 (+4.3%).
- The Q2 2026 figure ranks as the highest quarterly Rent Expense in data going back to Q2 2009.
- Year over year, Rent Expense has now increased in each of the last 29 quarters, with growth averaging 4.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Rent Expense ranged from 1.7% (Q2 2026) to 12.3% (Q3 2023).
- Per Business Quant data, the three quarters before Q2 2026 came in at $34.75 million (Q1 2026), $34.34 million (Q4 2025) and $34.68 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 803.00 Mn |
| 10 | Cullen | 9.49 Bn | -21.09 Bn | - | 35.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.22 Mn |
| Mar 31, 2026 | 34.75 Mn |
| Dec 31, 2025 | 34.34 Mn |
| Sep 30, 2025 | 34.68 Mn |
| Jun 30, 2025 | 34.64 Mn |
| Mar 31, 2025 | 33.28 Mn |
| Dec 31, 2024 | 32.10 Mn |
| Sep 30, 2024 | 32.50 Mn |
| Jun 30, 2024 | 32.37 Mn |
| Mar 31, 2024 | 31.78 Mn |
| Dec 31, 2023 | 30.75 Mn |
| Sep 30, 2023 | 31.58 Mn |
| Jun 30, 2023 | 31.71 Mn |
| Mar 31, 2023 | 30.35 Mn |
| Dec 31, 2022 | 28.57 Mn |
| Sep 30, 2022 | 28.13 Mn |
| Jun 30, 2022 | 28.38 Mn |
| Mar 31, 2022 | 27.41 Mn |
| Dec 31, 2021 | 27.44 Mn |
| Sep 30, 2021 | 27.21 Mn |
Cullen Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=CFR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "CFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=CFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();