Rectitude Holdings RECT
NASDAQ RECT
$1.28 -0.04 (-2.58%)
As of: Sep 10, 2026 · 11:19 AM EDT

Rectitude Holdings (RECT) Operating Leases (2023 - 2026)

Rectitude Holdings' (RECT) quarterly Operating Leases came in at $2.2 million in Q1 2026, down 11.55% on a YoY basis from $2.5 million in Q1 2025, and down 20.13% quarter-over-quarter from $2.8 million in Q3 2025.

Analysis

Rectitude Holdings (RECT) Operating Leases (2023 - 2026) Analysis & Trends

Rectitude Holdings (RECT) has reported Operating Leases for 4 consecutive years, with $2.2 million the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 11.55% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 million (down 11.55% YoY), and the FY2026 full-year result was $2.2 million, down 11.55% from the prior year.
  • Operating Leases declined to $2.2 million in Q1 2026 per RECT's latest filing, from $2.8 million in the prior quarter.
  • Across five years, Operating Leases topped out at $3.0 million in Q3 2024 and bottomed at $1.5 million in Q1 2023.
  • Historically, Operating Leases has averaged $2.4 million across 4 years, with a median of $2.5 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Operating Leases soared 77.65% in 2024, then dropped 11.55% in 2026.
  • Over 4 years, Operating Leases stood at $1.5 million in 2023, then soared by 107.66% to $3.0 million in 2024, then retreated by 9.21% to $2.8 million in 2025, then fell by 20.13% to $2.2 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $2.2 million, $2.8 million, and $2.5 million for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 W.W. Grainger 59.97 Bn 59.38 Bn 1.98 Bn
2 Fastenal 56.26 Bn 56.05 Bn 1.06 Bn
3 Ferguson Enterprises 43.04 Bn 42.22 Bn 2.32 Bn
4 Reliance 20.06 Bn 19.82 Bn 1.30 Bn
5 Wesco International 16.79 Bn 15.99 Bn 1.46 Bn
6 Applied Industrial Technologies 11.91 Bn 11.78 Bn 411.22 Mn
7 Watsco 11.87 Bn 11.41 Bn 578.93 Mn
8 Avantor 10.07 Bn 9.76 Bn 537.00 Mn
9 Core & Main 7.67 Bn 7.52 Bn 520.00 Mn
10 Rectitude Holdings 18.63 Mn 10.84 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 2.21 Mn
Sep 30, 2025 2.76 Mn
Mar 31, 2025 2.49 Mn
Sep 30, 2024 3.04 Mn
Mar 31, 2024 2.60 Mn
Mar 31, 2023 1.47 Mn