Studio City International Holdings (MSC) Operating Leases (2019 - 2026)
Studio City International Holdings (MSC) posted quarterly Operating Leases of $12.2 million for Q1 2026, down 1.6% year-over-year from $12.4 million in Q1 2025, and up 1.24% quarter-over-quarter from $12.1 million in Q4 2025.
Studio City International Holdings (MSC) Operating Leases (2019 - 2026) Analysis & Trends
Studio City International Holdings (MSC) has reported Operating Leases for 8 consecutive years, with $12.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 1.6% year-over-year to $12.2 million; the TTM figure through Mar 2026 stood at $12.2 million (down 1.6% YoY), while the FY2025 annual figure was $12.1 million, down 1.08% from the prior year.
- Operating Leases advanced to $12.2 million in Q1 2026 per MSC's latest filing, from $12.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $15.0 million in Q1 2022 and bottomed at $11.5 million in Q2 2025.
- Historically, Operating Leases has averaged $12.5 million across 5 years, with a median of $12.2 million in 2026.
- Annual changes were most pronounced in 2022 — Operating Leases retreated 13.49% — and 2024, when it retreated 0.08%.
- Studio City International Holdings' Operating Leases stood at $13.5 million in 2022, then retreated by 9.25% to $12.2 million in 2023, then decreased by 0.19% to $12.2 million in 2024, then decreased by 1.08% to $12.1 million in 2025, then advanced by 1.24% to $12.2 million in 2026.
- Business Quant data shows MSC's Operating Leases at $12.2 million in Q1 2026, $12.1 million in Q4 2025, and $11.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.39 Bn | 27.02 Bn | 1.81 Bn |
| 2 | MGM Resorts International | 10.98 Bn | 8.44 Bn | 3.10 Bn |
| 3 | Wynn Resorts | 10.32 Bn | 8.74 Bn | 1.14 Bn |
| 4 | Boyd Gaming | 6.07 Bn | 5.75 Bn | 766.76 Mn |
| 5 | Caesars Entertainment | 6.06 Bn | 4.99 Bn | 2.04 Bn |
| 6 | Vail Resorts | 5.42 Bn | 5.05 Bn | - |
| 7 | Marriott Vacations Worldwide | 3.93 Bn | 3.63 Bn | 1.29 Bn |
| 8 | Hilton Grand Vacations | 3.62 Bn | 3.35 Bn | 499.00 Mn |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn |
| 10 | Studio City International Holdings | 337.03 Mn | 262.00 Mn | 155.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.25 Mn |
| Dec 31, 2025 | 12.10 Mn |
| Sep 30, 2025 | 11.86 Mn |
| Jun 30, 2025 | 11.53 Mn |
| Mar 31, 2025 | 12.44 Mn |
| Dec 31, 2024 | 12.23 Mn |
| Sep 30, 2024 | 11.98 Mn |
| Jun 30, 2024 | 11.69 Mn |
| Mar 31, 2024 | 12.47 Mn |
| Dec 31, 2023 | 12.25 Mn |
| Sep 30, 2023 | 11.99 Mn |
| Jun 30, 2023 | 11.74 Mn |
| Mar 31, 2023 | 13.67 Mn |
| Dec 31, 2022 | 13.50 Mn |
| Sep 30, 2022 | 13.20 Mn |
| Jun 30, 2022 | 12.97 Mn |
| Mar 31, 2022 | 14.98 Mn |
| Dec 31, 2021 | 14.80 Mn |
| Sep 30, 2021 | 14.59 Mn |
| Jun 30, 2021 | 14.41 Mn |