Operating
Operating lease liabilities
Moody's Operating lease liabilities increased by 40.0% to -$3.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 62.5%, from -$8.00M to -$3.00M. Over 3 years (FY 2021 to FY 2025), Operating lease liabilities shows a downward trend with a 44.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026Apr 23, 2026
How to read this metric
A decrease indicates the reduction of lease obligations through payments, while an increase reflects new lease commitments.
Detailed definition
Captures the change in the present value of future lease payments for operating assets. This reflects the company's ongo...
Peer comparison
Standard metric for retail companies with large store footprints; reflects the scale of leased versus owned property.
Metric ID:
operating_increase_decrease_in_operating_lease_liabilityHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$2.75M | -$2.75M | -$2.75M | -$5.00M | -$5.00M | -$4.00M | -$7.00M | -$10.00M | -$7.00M | -$8.00M | -$9.00M | -$9.00M | -$8.00M | -$11.00M | -$9.00M | -$5.00M | -$3.00M |
| QoQ Change | — | +0.0% | +0.0% | -81.8% | +0.0% | +20.0% | -75.0% | -42.9% | +30.0% | -14.3% | -12.5% | +0.0% | +11.1% | -37.5% | +18.2% | +44.4% | +40.0% |
| YoY Change | — | — | — | -81.8% | — | — | — | -100.0% | -40.0% | -100.0% | -28.6% | +10.0% | -14.3% | -37.5% | +0.0% | +44.4% | +62.5% |
Range-$11.00M – -$2.75M
CAGR+2.2%
Avg YoY Growth-25.9%
Median YoY Growth-28.6%
Current Streak3 quarters growth
Operating lease liabilities at Other Companies
Frequently Asked Questions
- What is Moody's's operating lease liabilities?
- Moody's (MCO) reported operating lease liabilities of -$3.00M in Q1 2026.
- How has Moody's's operating lease liabilities changed year-over-year?
- Moody's's operating lease liabilities increased by 62.5% year-over-year, from -$8.00M to -$3.00M.
- What is the long-term trend for Moody's's operating lease liabilities?
- Over 3 years (2021 to 2025), Moody's's operating lease liabilities has grown at a 44.2% compound annual growth rate (CAGR), from -$11.00M to -$33.00M.
- What does operating lease liabilities mean?
- The change in the company's total obligation for operating leases.