Saturday 17 October 2026 Export MCO’s income statement to Excel — free account

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%

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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

Insider Decisions trades per month

Total sells 13.47

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	2	1	2	5	2	2	2	2	1	1	1

Insider Ownership 0.64%

Capital & Financial Ratios $m

Market Cap 83,780.00

Revenue 8,160.00

Net Income 2,798.00

Free Cash Flow 2,967.00

Net Debt 5,450.00

Current Ratio 1.19

Debt/Equity 2.19

P/E ratio 30.57

Fwd P/E 28.70

P/S ratio 10.32

P/B ratio 26.60

Past 5Y EPS Growth 7.80%

This Y EPS Growth 13.08%

Next Y EPS Growth 11.99%

Next Y revenue growth 7.33%

Next 5Y EPS Growth 12.42%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 33.62%

10-year low 10-year high

P/S against its own 10 years 61.96%

10-year low 10-year high

P/B against its own 10 years 55.47%

10-year low 10-year high

Dividends

Payout Ratio 0.26

Annual Dividend Rate 4.03

Annual Dividend Yield 0.83%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	4.17	1.03 1.03 1.03
2025	3.76	0.94 0.94 0.94 0.94
2024	3.40	0.85 0.85 0.85 0.85
2023	3.08	0.77 0.77 0.77 0.77
2022	2.80	0.70 0.70 0.70 0.70
2021	2.48	0.62 0.62 0.62 0.62
2020	2.24	0.56 0.56 0.56 0.56
2019	2.00	0.50 0.50 0.50 0.50
2018	1.76	0.44 0.44 0.44 0.44
2017	1.90	0.38 0.38 0.38 0.38 0.38
2016	1.48	0.37 0.37 0.37 0.37

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	2,193	2,974	2,448	1,496
Receivables	1,659	1,801	2,024	1,919
Inventory	—	—	—	—
Other	489	515	714	567
	4,341	5,290	5,186	3,982

	2023	2024	2025	Q'26
Payables	1,076	1,344	1,304	1,086
ST’ Debt	—	697	—	571
Other	—	—	—	—
	2,500	3,597	2,981	3,345

Compound Annual Growth %

	10y	5y	3y
Sales	8.28%	7.52%	12.17%
Cash Flow	9.25%	6.21%	25.32%
Earnings	10.08%	6.70%	21.41%
Book Value	0.00%	18.99%	16.07%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,079	2,185	—	—	—
’25	1,924	1,898	2,007	1,889	7,718
’24	1,786	1,817	1,813	1,672	7,088
’23	1,470	1,494	1,472	1,480	5,916
’22	1,522	1,381	1,275	1,290	5,468
’21	1,600	1,553	1,526	1,539	6,218
’20	1,290	1,435	1,356	1,290	5,371

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	939	779	—	—	—
’25	757	543	743	858	2,901
’24	775	686	703	674	2,838
’23	608	604	462	477	2,151
’22	470	291	336	377	1,474
’21	676	594	436	299	2,005
’20	345	632	511	658	2,146

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	844	688	—	—	—
’25	672	468	658	777	2,575
’24	697	593	631	600	2,521
’23	535	550	391	404	1,880
’22	411	217	265	298	1,191
’21	662	564	403	237	1,866
’20	324	591	490	638	2,043

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	3.73	5.03	—	—	—
’25	3.46	3.21	3.60	3.41	13.67
’24	3.15	3.02	2.93	2.17	11.26
’23	2.72	2.05	2.11	1.85	8.73
’22	2.68	1.77	1.65	1.34	7.44
’21	3.90	3.07	2.53	2.28	11.78
’20	2.57	2.69	2.47	1.66	9.39

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	77.76	93.51	129.26	135.92	164.19	261.38	230.16	274.81	360.05	378.71	Analyst estimates 2026–2028 Powerpack
	High	110.83	153.86	187.98	240.31	305.96	407.94	392.53	396.91	503.95	531.93
People
People	Employees	10,600	12,000	13,000	11,000	11,490	13,460	14,426	15,151	15,838	16,076
	Revenue/emp, $m	0.34	0.35	0.34	0.44	0.47	0.46	0.38	0.39	0.45	0.48
Income, $m
Income, $m	Revenue	3,604	4,204	4,443	4,829	5,371	6,218	5,468	5,916	7,088	7,718
	Gross margin, %	71.71	71.08	71.96	71.28	72.54	73.67	70.50	71.48	72.56	74.44
	EBT	558	1,787	1,672	1,810	2,229	2,755	1,760	1,935	2,699	3,130
	EBT margin, %	15.48	42.51	37.63	37.48	41.50	44.31	32.19	32.71	38.08	40.55
	Net income	276	1,008	1,320	1,429	1,777	2,214	1,374	1,608	2,059	2,462
	Depreciation	127	158	192	200	220	257	331	373	431	480
Per share, $
Per share, $	Revenue	18.70	22.00	23.19	25.51	28.63	33.36	29.73	32.29	38.99	43.09
	Earnings	1.38	5.24	6.84	7.51	9.48	11.88	7.47	8.77	11.32	13.73
	Cash flow	6.53	3.95	7.63	8.85	11.44	10.76	8.02	11.74	15.61	16.20
	Capex	(0.60)	(0.48)	(0.47)	(0.36)	(0.55)	(0.75)	(1.54)	(1.48)	(1.74)	(1.82)
	Free cash flow	5.94	3.47	7.15	8.48	10.89	10.01	6.48	10.26	13.87	14.38
	Book value	(5.33)	(0.60)	3.42	4.39	9.40	15.64	14.62	18.97	20.50	23.48
	Shares, m	193	191	192	189	188	186	184	183	182	179
Valuation, ×
Valuation, ×	P/E	70.72	27.94	20.47	31.57	30.65	32.90	37.06	43.59	41.85	37.21
	P/S	5.10	6.64	6.04	9.31	10.14	11.71	9.30	11.82	12.14	11.85
	P/B	0.00	0.00	40.90	54.08	30.88	24.97	18.91	20.12	23.09	21.76
	EV/Sales	5.42	7.65	6.91	10.08	10.85	12.61	10.33	12.65	12.77	12.53
	EV/FCF	17.08	48.42	22.40	30.31	28.52	42.03	47.42	39.82	35.90	37.57
Cash, $m
Cash, $m	Operating cash flow	1,259	755	1,461	1,675	2,146	2,005	1,474	2,151	2,838	2,901
	Capex	(115)	(91)	(91)	(69)	(103)	(139)	(283)	(271)	(317)	(326)
	Free cash flow	1,144	664	1,370	1,606	2,043	1,866	1,191	1,880	2,521	2,575
Balance, $m
Balance, $m	Working capital	825	517	1,288	1,767	2,287	1,515	1,719	1,841	1,693	2,205
	Total debt	3,363	5,411	5,676	5,670	6,516	7,518	7,495	7,001	7,428	6,994
	Net debt	1,138	4,227	3,858	3,740	3,820	5,616	5,636	4,808	4,454	4,546
	Shareholders’ equity	(1,027)	(115)	656	831	1,763	2,916	2,689	3,476	3,727	4,205
Returns, %
Returns, %	ROA	5.11	14.38	14.46	14.37	15.68	16.35	9.47	11.09	13.66	15.69
	ROIC	367.16	27.68	25.86	27.32	26.73	20.83	14.14	16.12	21.96	23.93
	ROE	(39.20)	(175.28)	484.20	191.26	137.09	94.64	49.03	52.13	57.14	62.00

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SPGI S&P Global Inc.	$125.2B	26.2×	25.0×	+10.41% (above 0%: growing)	+16.57% (above 0%: growing)	+1.23% (above 0%: growing)	71.90%	43.70%	Compare
CME CME Group Inc.	$104.1B	24.7×	21.7×	+0.84% (above 0%: growing)	+2.85% (above 0%: growing)	−11.21% (below 0%: shrinking)	100.00%	64.89%	Compare
ICE Intercontinental Exchange Inc.	$88.9B	22.7×	19.9×	+4.84% (above 0%: growing)	+14.09% (above 0%: growing)	+29.65% (above 0%: growing)	98.61%	52.18%	Compare
MCO Moody's Corporation	$83.8B	30.6×	28.7×	+15.12% (above 0%: growing)	+56.52% (above 0%: growing)	+47.01% (above 0%: growing)	76.29%	47.87%
NDAQ Nasdaq, Inc.	$52.3B	27.0×	26.1×	+20.51% (above 0%: growing)	+13.92% (above 0%: growing)	−7.71% (below 0%: shrinking)	59.24%	28.12%	Compare
COIN Coinbase Global, Inc.	$48.5B	— (loss-making)	359×	−18.51% (below 0%: shrinking)	n/m	+128.50% (above 0%: growing)	84.44%	(9.30%)	Compare
MSCI MSCI Inc	$41.8B	31.1×	30.8×	+12.20% (above 0%: growing)	+19.90% (above 0%: growing)	+8.19% (above 0%: growing)	82.71%	56.23%	Compare
CBOE Cboe Global Markets, Inc.	$32.2B	24.5×	—	+22.95% (above 0%: growing)	+50.67% (above 0%: growing)	−270.85% (below 0%: shrinking)	50.71%	32.99%	Compare
TRU TransUnion	$14.2B	19.3×	17.1×	+14.91% (above 0%: growing)	+33.93% (above 0%: growing)	+42.65% (above 0%: growing)	58.41%	19.70%	Compare
Median of peers	$50.4B	24.7×	25.0×	+11.31%	+16.57%	+4.71%	77.31%	38.35%

All 15 Financial Data & Stock Exchanges stocks →

Moody's Corporation (MCO) key facts

Strength: Moody's Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.7 billion, up 8.89% from fiscal 2024.
Strength: Net income was $2.5 billion, or $13.73 per share (basic), a net margin of 31.9%.
Moody's Corporation (MCO) is a Financial Data & Stock Exchanges company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, MCO traded at $483.65, a market capitalization of $83.8 billion.
At that price the stock trades at 30.6× trailing-twelve-month earnings and 10.3× sales; its P/E is higher than 34% of its own readings over the past ten years.
Moody's Corporation pays an annual dividend of $4.03 per share, a yield of 0.83%, with a payout ratio of 25.6%.
Return on equity was 62.0% and debt-to-equity 2.19.
Its Piotroski F-score is 9 out of 9 for fiscal 2025.