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) Operating margin

Alert me on Operating margin

Moody's Corporation's operating margin over the twelve months to 30 September 2026 was 44.6%, up 1.2 percentage points from fiscal 2025 (43.4%). Over the past ten years it has ranged from 18.1% (fiscal 2016) to 45.7% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Financial Data & Stock Exchanges industry median of 29.1% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 43.4% 2.86
FY2024 40.6% 4.44
FY2023 36.1% 1.68
FY2022 34.4% (11.30)
FY2021 45.7% 1.28
FY2020 44.5% 3.08
FY2019 41.4% (0.66)
FY2018 42.0% (1.28)
FY2017 43.3% 25.26
FY2016 18.1% (24.22)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 44.8% (3.09)
Jun 2026 47.9% 3.52
Mar 2026 44.4% 3.59
Dec 2025 40.8% (4.93)
43 more quarters

Against its own ten years

Low 18.1% High 45.7%
Ten-year median 42.0%
Current reading's percentile 84

Operating margin against peers

Company Operating margin
CME CME Group Inc. compare 65.7%
MSCI MSCI Inc compare 55.7%
ICE Intercontinental Exchange Inc. compare 52.3%
SPGI S&P Global Inc. compare 46.2%
MCO Moody's Corporation 44.6%
CBOE Cboe Global Markets, Inc. compare 36.4%
NDAQ Nasdaq, Inc. compare 29.9%
TRU TransUnion compare 19.3%
COIN Coinbase Global, Inc. compare 3.56%
Financial Data & Stock Exchanges industry median 29.1%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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