Moody's Corporation

MCO Financial Financial Data & Stock Exchanges

Moody's Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.7 billion, up 8.89% from fiscal 2024.

Revenue
+0.80%
EPS
+17.7%
Free cash flow
+1.52%
Total debt
−1.03%

Quarter to September 2026, against a year earlier

505.86 9.48 −1.84%
Market cap
$88.8B
P/E
30.7×
Fwd P/E
30.3×
Dividend yield
0.80%
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Moody's Corporation (MCO) Gross margin

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Moody's Corporation's gross margin over the twelve months to 30 September 2026 was 74.6%, up 0.2 percentage points from fiscal 2025 (74.4%). Over the past ten years it has ranged from 70.5% (fiscal 2022) to 74.4% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Financial Data & Stock Exchanges industry median of 72.8% and above the Financial sector median of 70.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 74.4% 1.88
FY2024 72.6% 1.08
FY2023 71.5% 0.98
FY2022 70.5% (3.17)
FY2021 73.7% 1.13
FY2020 72.5% 1.26
FY2019 71.3% (0.68)
FY2018 72.0% 0.88
FY2017 71.1% (0.63)
FY2016 71.7% (0.27)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 74.1% (2.19)
Jun 2026 76.3% 1.83
Mar 2026 74.5% 0.98
Dec 2025 73.5% (2.01)
43 more quarters

Against its own ten years

Low 70.5% High 74.4%
Ten-year median 72.0%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
CME CME Group Inc. compare 100.0%
ICE Intercontinental Exchange Inc. compare 98.7%
COIN Coinbase Global, Inc. compare 85.8%
MSCI MSCI Inc compare 82.9%
MCO Moody's Corporation 74.6%
SPGI S&P Global Inc. compare 71.0%
NDAQ Nasdaq, Inc. compare 63.2%
TRU TransUnion compare 58.8%
CBOE Cboe Global Markets, Inc. compare 53.9%
Financial Data & Stock Exchanges industry median 72.8%
Financial sector median 70.5%
Market median 46.0%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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