Karooooo (KARO) Operating Leases (2021 - 2026)

Karooooo (KARO) reported Operating Leases of $6.9 million for Q1 2025, down 0.87% on a YoY basis from $7.0 million in Q1 2024, and down 0.87% quarter-over-quarter from $7.0 million in Q1 2024.

Karooooo (KARO) Operating Leases (2021 - 2026) Analysis & Trends

Karooooo has reported Operating Leases for 5 years, with the latest figure at $6.9 million in Q1 2025.

  • For the quarter ending Q1 2025, Operating Leases fell 0.87% year-over-year to $6.9 million; the trailing twelve-month figure through Feb 2025 stood at $6.9 million (down 0.87% YoY), and the FY2025 full-year result was $6.9 million, down 0.87% from the prior year.
  • Operating Leases for Q1 2025 stood at $6.9 million, down from $7.0 million in the prior quarter.
  • The five-year high for Operating Leases was $7.0 million in Q1 2024, with the low at $3.9 million in Q1 2023.
  • Historically, Operating Leases has averaged $5.2 million across 5 years, with a median of $4.2 million in 2022.
  • Annual changes were most pronounced in 2023 — Operating Leases slipped 6.06% — and 2024, when it soared 78.64%.
  • Karooooo's Operating Leases stood at $4.0 million in 2021, then climbed by 3.1% to $4.2 million in 2022, then slipped by 6.06% to $3.9 million in 2023, then soared by 78.64% to $7.0 million in 2024, then dropped by 0.87% to $6.9 million in 2025.
  • The last three Operating Leases figures came in at $6.9 million (Q1 2025), $7.0 million (Q1 2024), and $3.9 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn
2 Full Truck Alliance 171.61 Bn 169.06 Bn -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn
10 Karooooo 20.04 Mn -50.39 Mn 52.58 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 9.68 Mn
Feb 28, 2025 6.94 Mn
Feb 29, 2024 7.00 Mn
Feb 28, 2023 3.92 Mn
Feb 28, 2022 4.17 Mn
Feb 28, 2021 4.04 Mn