Cullen (CFR) Rent Expense (2009 - 2026)

Cullen's Rent Expense history runs 18 years deep, the most recent figure standing at $34.8 million for Q1 2026.

• In Q1 2026, Rent Expense rose 4.44% year-over-year to $34.8 million; the TTM figure through Mar 2026 stood at $138.4 million (up 6.27% YoY), while the FY2025 annual figure was $136.9 million, up 6.36% from the prior year.
• Rent Expense came in at $34.8 million for Q1 2026 at Cullen, up from $34.3 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $34.8 million in Q1 2026 to a low of $27.4 million in Q1 2022.
• A 5-year average of $31.6 million and a median of $31.8 million in 2024 frame the typical range for Rent Expense.
• Across the five-year window, Rent Expense climbed 12.26% in 2023 and grew 2.08% in 2024, its largest moves.
• Cullen's Rent Expense stood at $28.6 million in 2022, then increased by 7.63% to $30.8 million in 2023, then increased by 4.39% to $32.1 million in 2024, then rose by 6.97% to $34.3 million in 2025, then rose by 1.2% to $34.8 million in 2026.
• According to Business Quant data, Rent Expense over the past three periods registered $34.8 million, $34.3 million, and $34.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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