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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. In the quarter to June 2026, revenue grew 15.1%, EPS grew 56.5%, free cash flow grew 47.0% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.

483.65 0.04 −0.01%
Market cap
$83.8B
P/E
30.6×
Fwd P/E
28.7×
Dividend yield
0.83%
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Moody's Corporation (MCO) Operating margin

Alert me on Operating margin

Moody's Corporation's operating margin over the twelve months to 30 June 2026 was 44.8%, up 1.4 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 28.3% 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)
Jun 2026 47.9% 3.52
Mar 2026 44.4% 3.59
Dec 2025 40.8% (4.93)
Sep 2025 45.7% 2.59
42 more quarters

Against its own ten years

Low 18.1% High 45.7%
Ten-year median 42.0%
Current reading's percentile 86

Operating margin against peers

Company Operating margin
CME CME Group Inc. compare 65.1%
MSCI MSCI Inc compare 55.7%
ICE Intercontinental Exchange Inc. compare 51.8%
MCO Moody's Corporation 44.8%
SPGI S&P Global Inc. compare 44.4%
CBOE Cboe Global Markets, Inc. compare 34.7%
NDAQ Nasdaq, Inc. compare 29.6%
TRU TransUnion compare 18.7%
COIN Coinbase Global, Inc. compare 9.86%
Financial Data & Stock Exchanges industry median 28.3%
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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