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Moelis & Company MC Travel And Entertainment Expense

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Other financials

Income statement

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Operating income$40.5M+9.7%
Net income$42.3M-21.3%
EPS (diluted)$0.48-25.0%

Balance sheet

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Cash & equivalents$77.4M+15.5%
Total debt$267.2M+21.4%
Total equity$487.1M+0.5%
Total assets$1.3B+6.9%

Cash flow

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Operating cash flow-$278.8M-68.5%
CapEx$12.8M+312%
Free cash flow-$291.6M-73.0%

Valuation

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Market cap$4.94B-6.4%
Enterprise value$5.13B-4.9%
P/E19.9×-4.1×

Returns & leverage

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Return on equity51.1%+6.8pp
Debt / equity0.5×+0.1×

Where this comes from

Reported directly by Moelis & Company in its filing.

Tagged under the XBRL concept us-gaap:TravelAndEntertainmentExpense.

The source filing: Moelis & Company’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 5:50 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-192462
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Occupancy10,4208,117
Professional fees6,6726,914
Communication, technology and information services15,64813,321
Travel and related expenses18,40217,469
Depreciation and amortization3,4932,779
Other expenses14,2349,532
Total expenses279,284269,681
Operating income (loss)40,49636,912

Item 1. Financial Statements

FAQ

What is Moelis & Company's travel and entertainment expense?
Moelis & Company (MC) reported travel and entertainment expense of $18.4M in Q1 2026.
How has Moelis & Company's travel and entertainment expense changed year-over-year?
Moelis & Company's travel and entertainment expense increased by 5.3% year-over-year, from $17.47M to $18.4M.
What is the long-term trend for Moelis & Company's travel and entertainment expense?
Over 4 years (2021 to 2025), Moelis & Company's travel and entertainment expense has grown at a 39.1% compound annual growth rate (CAGR), from $15.4M to $57.67M.
What does travel and entertainment expense mean?
This metric tracks the costs incurred by professionals for business-related travel and client-facing entertainment activities. These expenses are essential for relationship management and business development within the investment banking industry. Fluctuations in this metric often correlate with the intensity of client engagement and the firm's efforts to secure new advisory mandates.

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