Moodys (MCO) Operating Leases (2019 - 2026)

Moodys (MCO) reported Operating Leases of $350.0 million for Q1 2026, up 11.82% year-over-year from $313.0 million in Q1 2025, and up 33.59% quarter-over-quarter from $262.0 million in Q4 2025.

Moodys (MCO) Operating Leases (2019 - 2026) Analysis & Trends

Moodys (MCO) has 8 years of Operating Leases data on file, last reported at $350.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $350.0 million, up 11.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $350.0 million (up 11.82% YoY), and the FY2025 annual result was $262.0 million, up 21.3% from the prior year.
  • Operating Leases rose to $350.0 million in Q1 2026 per MCO's latest filing, from $262.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $455.0 million in Q1 2023 and troughed at $214.0 million in Q2 2025.
  • A 5-year average of $345.6 million and a median of $354.0 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases tumbled 43.43% in 2024, then increased 21.3% in 2025.
  • A 5-year view of Operating Leases shows it stood at $368.0 million in 2022, then decreased by 16.85% to $306.0 million in 2023, then slipped by 29.41% to $216.0 million in 2024, then advanced by 21.3% to $262.0 million in 2025, then surged by 33.59% to $350.0 million in 2026.
  • Business Quant data shows MCO's Operating Leases at $350.0 million in Q1 2026, $262.0 million in Q4 2025, and $380.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn -
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 350.00 Mn
Dec 31, 2025 262.00 Mn
Sep 30, 2025 380.00 Mn
Jun 30, 2025 214.00 Mn
Mar 31, 2025 313.00 Mn
Dec 31, 2024 216.00 Mn
Sep 30, 2024 354.00 Mn
Jun 30, 2024 254.00 Mn
Mar 31, 2024 389.00 Mn
Dec 31, 2023 306.00 Mn
Sep 30, 2023 316.00 Mn
Jun 30, 2023 449.00 Mn
Mar 31, 2023 455.00 Mn
Dec 31, 2022 368.00 Mn
Sep 30, 2022 389.00 Mn
Jun 30, 2022 421.00 Mn
Mar 31, 2022 440.00 Mn
Dec 31, 2021 455.00 Mn
Sep 30, 2021 573.00 Mn
Jun 30, 2021 386.00 Mn