Kohls (KSS) Capital Leases (2018 - 2026)

At the end of FY2026 (ended Jan 31, 2026), Kohls posted Capital Leases of $2.37 billion, down 3.7% from FY2025.

• Capital Leases has declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 11.3% (FY2021 to FY2026).
• By fiscal year, Capital Leases came in at $2.46 billion in FY2025 (-8.4%), $2.68 billion in FY2024 (-3.8%), $2.79 billion in FY2023 (+30.6%) and $2.13 billion in FY2022 (+53.8%).
• The fiscal Q2 2027 figure ranks as the lowest quarterly Capital Leases since fiscal Q4 2022.
• Year over year, Capital Leases has now declined in each of the last 13 quarters, with an average decline of 6.0% over the last eight quarters.
• The high point for year-over-year Capital Leases in five years was fiscal Q1 2023 (growth of 75.4%); the low point was fiscal Q4 2025 (a decline of 8.4%).
• Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $2.34 billion (Q1 2027), $2.37 billion (Q4 2026) and $2.39 billion (Q3 2026).