Arcosa, Inc. Leases Disclosure
| Operating Leases | Finance Leases | ||||||||||
| (in millions) | |||||||||||
| 2026 | $ | 12.2 | $ | 1.5 | |||||||
| 2027 | 9.0 | 0.4 | |||||||||
| 2028 | 7.1 | 0.1 | |||||||||
| 2029 | 6.7 | — | |||||||||
| 2030 | 5.5 | — | |||||||||
| Thereafter | 52.9 | — | |||||||||
| Total undiscounted future minimum obligations | 93.4 | 2.0 | |||||||||
| Less imputed interest | (33.6) | (0.1) | |||||||||
| Present value of net minimum lease obligations | $ | 59.8 | $ | 1.9 | |||||||
| December 31, 2025 | December 31, 2024 | ||||||||||
| (in millions) | |||||||||||
| Assets | |||||||||||
Operating - | $ | 59.2 | $ | 63.1 | |||||||
Finance - | 7.0 | 12.3 | |||||||||
| Total lease assets | 66.2 | 75.4 | |||||||||
| Liabilities | |||||||||||
| Current | |||||||||||
Operating - | 8.0 | 8.6 | |||||||||
Finance - | 1.5 | 5.2 | |||||||||
| Non-current | |||||||||||
Operating - | 51.8 | 54.7 | |||||||||
Finance - | 0.4 | 1.9 | |||||||||
| Total lease liabilities | $ | 61.7 | $ | 70.4 | |||||||
| December 31, 2025 | December 31, 2024 | December 31, 2023 | |||||||||||||||
| Cash paid for amounts included in the measurement of lease liabilities | |||||||||||||||||
| Cash paid for operating leases | $ | 13.4 | $ | 10.8 | $ | 9.3 | |||||||||||
| Cash paid for finance leases | $ | 5.2 | $ | 7.0 | $ | 7.0 | |||||||||||
| Right-of-use assets obtained in exchange for lease obligations | |||||||||||||||||
| Operating leases | $ | 2.9 | $ | 36.7 | $ | 7.7 | |||||||||||
| Finance leases | $ | — | $ | 1.0 | $ | 1.0 | |||||||||||
| December 31, 2025 | December 31, 2024 | ||||||||||
| Weighted average remaining lease term - operating leases | 11.9 years | 12.0 years | |||||||||
| Weighted average remaining lease term - finance leases | 1.2 years | 1.5 years | |||||||||
| Weighted average discount rate - operating leases | 6.9 | % | 6.8 | % | |||||||
| Weighted average discount rate - finance leases | 5.5 | % | 4.4 | % | |||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
| 2023 | Feb 23, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 24, 2022 | |
| 2020 | Feb 25, 2021 | |
| 2019 | Feb 27, 2020 | |
About Leases Disclosures
Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.
Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.