Melco Resorts & Entertainment (MLCO) Operating Leases (2019 - 2026)
Melco Resorts & Entertainment (MLCO) reported Operating Leases of $17.61 million for the quarter ended Jun 30, 2026, down 5.1% from $18.55 million a year earlier and down 6.5% from the prior quarter.
Melco Resorts & Entertainment (MLCO) Operating Leases (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Melco Resorts & Entertainment posted Operating Leases of $18.08 million, down 18.3% from the prior year.
- Operating Leases has a five-year compound annual growth rate of -6.7% (years ended Dec 2020 to Dec 2025).
- By year, Operating Leases came in at $22.13 million in the year ended Dec 31, 2024 (+0.7%), $21.97 million in the year ended Dec 31, 2023 (-12.4%), $25.09 million in the year ended Dec 31, 2022 (+23.4%) and $20.33 million in the year ended Dec 31, 2021 (-20.6%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Operating Leases since the quarter ended Mar 31, 2019.
- Year over year, Operating Leases has now declined in each of the last six quarters, with an average decline of 7.2% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was the quarter ended Jun 30, 2022 (growth of 25.9%); the low point was the quarter ended Sep 30, 2021 (a decline of 26.6%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $18.83 million (quarter ended Mar 31, 2026), $18.08 million (quarter ended Dec 31, 2025) and $18.04 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.53 Bn | 10.63 Bn | 1.48 Bn |
| 2 | Flutter Entertainment | 13.74 Bn | 7.11 Bn | 1.71 Bn |
| 3 | DraftKings | 10.22 Bn | 5.88 Bn | 551.45 Mn |
| 4 | Madison Square Garden Sports | 10.01 Bn | 9.61 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 9.08 Bn | 8.32 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.87 Bn | 2.16 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.34 Bn | -1.70 Bn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 5.92 Bn | 2.36 Bn | 1.50 Bn |
| 10 | Melco Resorts & Entertainment | 1.62 Bn | -1.31 Bn | 1.05 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.61 Mn |
| Mar 31, 2026 | 18.83 Mn |
| Dec 31, 2025 | 76.11 Mn |
| Sep 30, 2025 | 18.04 Mn |
| Jun 30, 2025 | 18.55 Mn |
| Mar 31, 2025 | 20.90 Mn |
| Dec 31, 2024 | 80.67 Mn |
| Sep 30, 2024 | 18.09 Mn |
| Jun 30, 2024 | 19.00 Mn |
| Mar 31, 2024 | 20.99 Mn |
| Dec 31, 2023 | 53.86 Mn |
| Sep 30, 2023 | 23.23 Mn |
| Jun 30, 2023 | 24.10 Mn |
| Mar 31, 2023 | 24.64 Mn |
| Dec 31, 2022 | 55.83 Mn |
| Sep 30, 2022 | 25.30 Mn |
| Jun 30, 2022 | 25.50 Mn |
| Mar 31, 2022 | 27.23 Mn |
| Dec 31, 2021 | 62.89 Mn |
| Sep 30, 2021 | 20.38 Mn |
Melco Resorts & Entertainment Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=MLCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "MLCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=MLCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();