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| Date | Value |
|---|---|
| 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 |