Moelis (MC) Rent Expense (2013 - 2026)
Moelis (MC) posted Rent Expense of $10.5 million for Q2 2026, little changed on a QoQ basis from $10.4 million in Q1 2026, and up 20.0% year-over-year from $8.7 million in Q2 2025.
Analysis
Moelis (MC) Rent Expense (2013 - 2026) Analysis & Trends
Moelis has reported Rent Expense for 14 years, with the latest figure at $10.5 million in Q2 2026.
- On a quarterly basis, Rent Expense rose 20.0% year-over-year to $10.5 million in Q2 2026; TTM through Jun 2026 was $39.2 million, a 20.34% increase from a year earlier, with the FY2025 full-year figure at $35.2 million, up 17.59% from the prior year.
- Rent Expense was $10.5 million for Q2 2026 at Moelis, roughly flat from $10.4 million in the prior quarter.
- The five-year high for Rent Expense was $10.5 million in Q2 2026, with the low at $5.8 million in Q1 2022.
- Average Rent Expense over 5 years is $7.7 million, with a median of $7.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Rent Expense declined 24.5% in 2022, then soared 41.94% in 2023.
- Over 5 years, Rent Expense stood at $6.1 million in 2022, then jumped by 41.94% to $8.7 million in 2023, then declined by 4.4% to $8.3 million in 2024, then advanced by 22.99% to $10.3 million in 2025, then advanced by 2.12% to $10.5 million in 2026.
- The last three Rent Expense figures came in at $10.5 million (Q2 2026), $10.4 million (Q1 2026), and $10.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 29.73 Mn |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 34.50 Mn |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 15.85 Mn |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | 10.47 Mn |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 16.78 Mn |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | 33.81 Mn |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | - |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 5.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.47 Mn |
| Mar 31, 2026 | 10.42 Mn |
| Dec 31, 2025 | 10.25 Mn |
| Sep 30, 2025 | 8.07 Mn |
| Jun 30, 2025 | 8.73 Mn |
| Mar 31, 2025 | 8.12 Mn |
| Dec 31, 2024 | 8.34 Mn |
| Sep 30, 2024 | 7.41 Mn |
| Jun 30, 2024 | 7.07 Mn |
| Mar 31, 2024 | 7.09 Mn |
| Dec 31, 2023 | 8.72 Mn |
| Sep 30, 2023 | 7.18 Mn |
| Jun 30, 2023 | 6.87 Mn |
| Mar 31, 2023 | 5.83 Mn |
| Dec 31, 2022 | 6.14 Mn |
| Sep 30, 2022 | 6.02 Mn |
| Jun 30, 2022 | 6.27 Mn |
| Mar 31, 2022 | 5.81 Mn |
| Dec 31, 2021 | 6.31 Mn |
| Sep 30, 2021 | 5.84 Mn |