Moody's Corporation

Financials Financial Exchanges & Data New York City, New York Last filing Feb 18, 2026 · FY2025

                    Revenue
                    FY2025
                
$7.7B
                    3y CAGR +12.2%
                    
                    P52
                    
                    +8.9%
                    
                    Net income
                    FY2025
                
$2.5B
                    Net margin +31.9%
                    
                    P79
                    
                    +19.5%
                    
                    Total assets
                    FY2025
                
$15.8B
                    ROA +15.5%
                    
                    P95
                    
                    +2.1%
                    
                    Operating cash flow
                    FY2025
                
$2.9B
                    FCF margin +33.4%
                    
                    P56
                    
                    +2.2%

19 yrs · FY2007–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

31 accounts · 10 years

Total assets $15.8B

Total liabilities $11.6B

Shareholders equity $4.1B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash and Cash Equivalents	30.9%	34.0%	36.0%	32.4%	29.1%	48.4%	37.9%	37.9%	25.5%	56.9%
Short Term Investments	0.8%	8.0%	1.1%	1.6%	1.5%	1.8%	2.0%	3.0%	2.7%	4.8%
Accounts Receivable	26.2%	25.4%	28.0%	30.2%	27.7%	26.6%	29.4%	29.0%	27.3%	24.6%
Other Current Assets	9.3%	7.3%	8.3%	10.7%	6.3%	7.1%	6.8%	6.3%	5.9%	3.9%
Total Current Assets	67.2%	74.6%	73.4%	74.9%	64.5%	84.0%	76.2%	76.2%	61.4%	90.3%
Property,Plant and Equipment	9.4%	9.3%	10.2%	9.2%	5.6%	5.2%	6.0%	7.2%	7.7%	9.0%
Operating Lease Assets	3.7%	3.0%	4.7%	6.3%	7.0%	7.3%	9.4%	—	—	—
Goodwill	82.5%	84.6%	100.7%	106.8%	96.5%	84.8%	77.1%	85.1%	89.3%	28.4%
Intangible Assets	24.2%	26.7%	34.6%	40.4%	39.7%	34.0%	31.0%	35.2%	38.8%	8.2%
Deferred Tax Assets	4.0%	4.1%	4.4%	4.9%	6.2%	6.2%	4.7%	4.4%	3.4%	8.8%
Other Noncurrent Assets	14.3%	16.5%	19.2%	20.0%	16.6%	9.6%	8.1%	6.2%	3.8%	3.1%
Total Assets	205.1%	218.8%	247.2%	262.4%	236.1%	231.0%	212.6%	214.4%	204.4%	147.8%
Liabilities
Accounts Payable	16.9%	19.0%	18.2%	18.5%	18.4%	19.3%	16.0%	15.7%	17.8%	40.1%
Deferred Revenue	20.5%	20.5%	22.2%	23.0%	20.1%	20.3%	21.7%	21.4%	21.0%	19.0%
Current Portion of Long Term Debt	0.0%	9.8%	0.0%	—	—	—	—	10.1%	10.2%	8.3%
Operating Lease Liabilities	1.2%	1.4%	1.8%	1.9%	1.7%	1.8%	1.8%	—	—	—
Total Current Liabilities	38.6%	50.7%	42.3%	43.4%	40.1%	41.4%	39.6%	47.2%	49.1%	67.4%
Long Term Debt	90.6%	95.0%	118.3%	135.1%	119.2%	119.6%	115.6%	117.6%	121.6%	85.0%
Deferred Revenue Noncurrent	0.7%	0.8%	1.1%	1.4%	1.4%	1.8%	2.3%	2.7%	3.3%	3.7%
Operating Lease Liabilities Noncurrent	3.4%	3.0%	5.2%	6.7%	7.3%	8.0%	10.0%	—	—	—
Deferred Tax Liabilities	4.1%	6.3%	6.8%	8.4%	7.8%	7.5%	7.4%	7.9%	8.1%	2.9%
Other Noncurrent Liabilities	13.2%	10.3%	14.7%	18.2%	13.3%	20.0%	20.3%	24.1%	25.0%	17.3%
Total Liabilities	150.6%	166.2%	188.4%	213.2%	189.2%	198.2%	195.2%	199.6%	207.2%	176.3%
Equity
Preferred Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—
Additional Paid In Capital	21.7%	20.5%	20.8%	19.3%	14.2%	13.7%	13.3%	13.5%	12.6%	13.2%
Retained Earnings	231.3%	226.7%	247.8%	249.0%	205.2%	205.0%	200.0%	193.4%	177.6%	185.6%
Treasury Stock	194.1%	188.0%	202.9%	210.6%	169.1%	181.5%	191.6%	187.1%	193.9%	222.8%
Accumulated Other Comprehensive Income	-6.5%	-9.0%	-9.6%	-11.8%	-6.6%	-8.0%	-9.1%	-9.6%	-4.1%	-10.1%
Total Stockholders Equity	52.5%	50.3%	56.1%	46.1%	43.9%	29.2%	12.7%	10.3%	-7.8%	-34.0%
Noncontrolling Interest	2.0%	2.3%	2.7%	3.1%	3.0%	3.6%	4.5%	4.4%	5.1%	5.5%
Total Liabilitiesand Equity	205.1%	218.8%	247.2%	262.4%	236.1%	231.0%	212.6%	214.4%	204.4%	147.8%

Income Statement

Revenue, expense, and profitability

17 accounts · 10 years

Revenue $7.7B

Operating income $3.4B

Net income $2.5B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Expenses Cost of Revenue	25.6%	27.4%	28.5%	29.5%	26.3%	27.5%	28.7%	28.0%	28.9%	—
Expenses Selling,General and Administrative	23.4%	24.5%	27.6%	27.9%	23.8%	22.9%	24.2%	24.3%	23.5%	26.0%
Expenses Depreciation and Amortization	6.2%	6.1%	6.3%	6.1%	4.1%	4.1%	4.1%	4.3%	3.8%	3.5%
Expenses Restructuring and Asset Impairment	1.4%	0.8%	1.5%	2.1%	0.0%	0.9%	1.2%	1.1%	0.0%	0.3%
Expenses Other Operating Expenses	0.0%	0.6%	0.0%	0.0%	—	—	0.4%	0.2%	0.5%	52.4%
Other Income Expense Operating Income	43.4%	40.6%	36.1%	34.4%	45.7%	44.5%	41.4%	42.0%	43.3%	17.7%
Other Income Expense Interest Expense	2.8%	3.3%	4.2%	4.2%	2.8%	3.8%	4.3%	4.8%	5.0%	3.8%
Other Income Expense Other Income/expense	-0.1%	0.9%	0.8%	2.0%	1.3%	0.7%	0.4%	0.4%	4.2%	1.6%
Other Income Expense Income Before Tax	40.6%	38.1%	32.7%	32.2%	44.3%	41.5%	37.5%	37.6%	42.5%	15.5%
Income Tax Income Tax Expense	8.7%	9.0%	5.5%	7.1%	8.7%	8.4%	7.9%	7.9%	18.5%	7.8%
net Income Other Items Below Tax	-0.0%	-0.0%	-0.0%	0.0%	0.0%	0.0%	-0.1%	-0.2%	-0.2%	-0.3%
net Income net Income	31.9%	29.0%	27.2%	25.1%	35.6%	33.1%	29.4%	29.5%	23.8%	7.4%
net Income Comprehensive Income	33.7%	28.0%	28.5%	20.9%	36.0%	33.2%	29.6%	23.8%	28.4%	6.7%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Diluted	2.3%	2.6%	3.1%	3.4%	3.0%	3.5%	4.0%	4.4%	4.6%	5.4%

Cash Flow Statement

Operating, investing, and financing flows

23 accounts · 10 years

Operating cash flow $2.9B

Investing cash flow $2.0M

Financing cash flow $-3.1B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CashFlow
Operating Activities net Income	31.9%	29.0%	27.2%	25.1%	35.6%	33.1%	29.6%	29.7%	24.0%	7.7%
Operating Activities Depreciation and Amortization	6.2%	6.1%	6.3%	6.1%	4.1%	4.1%	4.1%	4.3%	3.8%	—
Operating Activities Stock Based Compensation	3.0%	3.1%	3.3%	3.1%	2.8%	2.9%	2.8%	2.9%	2.9%	2.7%
Operating Activities Deferred Income Taxes	-0.2%	-0.9%	-0.6%	0.9%	-3.5%	-0.8%	-0.8%	-2.2%	2.1%	-4.2%
Operating Activities Changes In Operating Assets and Liabilities	-2.6%	1.9%	1.5%	-7.7%	-3.7%	0.9%	-2.6%	-3.2%	-12.2%	26.3%
Operating Activities Other Non Cash Items	-0.8%	0.8%	-1.3%	-0.5%	-3.1%	-0.2%	1.5%	1.3%	-2.6%	-1.0%
Operating Activities net Cash From Operating Activities	37.6%	40.0%	36.4%	27.0%	32.2%	40.0%	34.7%	32.9%	18.0%	34.9%
Investing Activities Capital Expenditures	-4.2%	-4.5%	-4.6%	-5.2%	-2.2%	-1.9%	-1.4%	-2.0%	-2.2%	-3.2%
Investing Activities Business Acquisitions	-2.4%	-3.1%	-0.1%	-1.8%	-35.0%	-16.7%	1.3%	-6.4%	-83.5%	-2.2%
Investing Activities Purchases of Investments	-2.7%	-9.2%	-2.5%	-5.9%	-7.0%	-3.4%	-2.9%	-4.3%	-4.0%	-10.5%
Investing Activities Proceeds From Sale of Investments	8.9%	1.9%	3.0%	4.0%	2.3%	1.9%	3.6%	3.6%	5.7%	19.4%
Investing Activities Other Investing Activities	0.4%	0.0%	0.0%	4.0%	-0.1%	0.0%	0.1%	0.0%	2.7%	-0.6%
Investing Activities net Cash From Investing Activities	0.0%	-14.9%	-4.2%	-4.8%	-42.1%	-20.1%	0.7%	-9.1%	-81.4%	2.8%
Financing Activities Proceeds From Debt	0.0%	7.0%	0.0%	18.1%	26.9%	42.5%	44.3%	46.8%	98.2%	—
Financing Activities Repayment of Debt	-9.1%	0.0%	-8.5%	-11.4%	-8.0%	-29.6%	-47.0%	-43.2%	-47.7%	—
Financing Activities Repurchase of Common Stock	-20.8%	-18.2%	-8.3%	-18.0%	-12.1%	-9.4%	-20.5%	-4.6%	-4.8%	-20.5%
Financing Activities Dividends Paid	-9.1%	-8.8%	-9.7%	-9.4%	-7.5%	-7.8%	-7.9%	-7.7%	-7.0%	-8.1%
Financing Activities Proceeds From Stock Issuance	0.6%	1.0%	0.8%	0.5%	0.6%	0.9%	0.9%	1.1%	1.3%	2.2%
Financing Activities Tax Withholding On Stock Based Compensation	-1.3%	-1.3%	-1.2%	-1.6%	-1.3%	-1.9%	-1.6%	-1.4%	-1.2%	-1.2%
Financing Activities Other Financing Activities	0.0%	-0.1%	0.0%	-0.2%	-0.5%	-1.2%	-0.6%	-0.2%	-0.9%	-1.3%
Financing Activities net Cash From Financing Activities	-39.7%	-20.4%	-26.8%	-22.1%	-2.0%	-6.5%	-32.4%	-9.3%	38.1%	-28.9%
Cash Reconciliation Effect of Exchange Rate On Cash	1.8%	-0.8%	0.7%	-0.8%	-0.8%	0.9%	-0.0%	-0.7%	2.0%	-0.7%
Cash Reconciliation net Change In Cash	-0.3%	3.9%	6.1%	-0.8%	-12.6%	14.2%	3.0%	13.8%	-23.3%	8.2%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 10 years

Ratio	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Profitability
Gross margin	+74.4%	+72.6%	+71.5%	+70.5%	+73.7%	+72.5%	+71.3%	+72.0%	+71.1%	—
Operating margin	+43.4%	+40.6%	+36.1%	+34.4%	+45.7%	+44.5%	+41.4%	+42.0%	+43.3%	+17.7%
Net margin	+31.9%	+29.0%	+27.2%	+25.1%	+35.6%	+33.1%	+29.4%	+29.5%	+23.8%	+7.4%
FCF margin	+33.4%	+35.6%	+31.8%	+21.8%	+30.0%	+38.0%	+33.3%	+30.8%	+15.8%	+31.7%
Growth
Revenue CAGR (3y)	+12.2%	+4.5%	+3.3%	+4.2%	+11.9%	+8.5%	+10.2%	+8.4%	+8.0%	+6.6%
Returns
ROE	+60.7%	+57.7%	+48.4%	+54.5%	+81.2%	+113.3%	+232.4%	+285.4%	-305.5%	-21.8%
ROA	+15.5%	+13.3%	+11.0%	+9.6%	+15.1%	+14.3%	+13.9%	+13.8%	+11.6%	+5.0%
ROIC	+30.4%	+25.5%	+21.7%	+18.1%	+27.4%	+35.3%	+36.2%	+33.1%	+24.8%	+365.0%
Liquidity
Current ratio	1.74x	1.47x	1.74x	1.72x	1.61x	2.03x	1.92x	1.61x	1.25x	1.34x
Quick ratio	1.48x	1.17x	1.52x	1.44x	1.41x	1.81x	1.70x	1.42x	1.08x	1.21x
Leverage
D/E	2.87x	3.30x	3.36x	4.63x	4.31x	6.79x	15.41x	19.32x	-26.58x	-5.19x
Interest coverage	15.73x	12.13x	8.51x	8.15x	16.63x	11.65x	9.61x	8.69x	8.71x	4.63x
Efficiency
Asset turnover	0.49x	0.46x	0.40x	0.38x	0.42x	0.43x	0.47x	0.47x	0.49x	0.68x
Cash conversion cycle	—	—	—	—	—	—	—	—	—	—

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Moody's Corporation

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history