97/100BMoody's financials
Yes. Moody's earned 2.88B USD of net income over the last twelve months, 35.3% of its revenue. It made a profit in 28 of its 28 fiscal years since 1998.
- Revenue (TTM)
- 8.18B USD
- Net income (TTM)
- 2.88B USD
- Cash and short-term investments
- 1.62B USD
- Total debt
- 7.49B USD
- Shareholders' equity
- 3.27B USD
Cash, debt and equity as of 30 Sept 2026.
Moody's earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 4.63 | — | — | +11.94% | 2.18B | — | — | +7.78% | |
| Q2 FY2027 | 5.07 | — | — | +8.37% | 2.29B | — | — | +4.90% | |
| Q1 FY2027 | 4.69 | — | — | +8.39% | 2.20B | — | — | +5.72% | |
| Q4 FY2026 | 3.59 | — | — | -1.37% | 1.93B | — | — | +2.04% | |
| Q3 FY2026 | 4.25 | 4.14 | -2.59% | +5.61% | 2.08B | 2.02B | -2.56% | +0.80% | |
| Q2 FY2026 | 4.26 | 4.68 | +9.86% | +31.46% | 2.09B | 2.19B | +4.68% | +15.12% | |
| Q1 FY2026 | 4.22 | 4.33 | +2.61% | +13.05% | 2.07B | 2.08B | +0.49% | +8.06% | |
| Q4 FY2025 | 3.43 | 3.64 | +6.12% | +38.93% | 1.86B | 1.89B | +1.52% | +12.98% | |
| Q3 FY2025 | 3.70 | 3.92 | +5.95% | +22.12% | 1.96B | 2.01B | +2.56% | +10.70% | |
| Q2 FY2025 | 3.39 | 3.56 | +5.01% | +8.54% | 1.85B | 1.90B | +2.65% | +4.46% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 20.72 | — | — | +11.29% | 9.42B | — | — | +7.27% |
| FY2027 | 18.62 | — | — | +11.00% | 8.78B | — | — | +6.79% |
| FY2026 | 16.77 | — | — | +12.19% | 8.22B | — | — | +6.50% |
| FY2025 | 14.72 | 14.95 | +1.56% | +19.79% | 7.69B | 7.72B | +0.34% | +8.89% |
| FY2024 | 12.43 | 12.48 | +0.41% | +25.93% | 7.12B | 7.09B | -0.40% | +19.81% |
| FY2023 | 10.06 | 9.91 | -1.45% | +15.77% | 5.92B | 5.92B | -0.10% | +8.19% |
| FY2022 | 8.38 | 8.56 | +2.18% | -30.41% | 5.43B | 5.47B | +0.62% | -12.06% |
Moody's growth and profitability
Full income statement- Revenue (TTM)
- 8.18B USD
- Net income (TTM)
- 2.88B USD
- Gross margin
- 73.10%
- Operating margin
- 44.88%
- Net margin
- 35.26%
Revenue / Net income
How Moody's makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Moody's revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Moodys Analytics | 4.84B | 62.7% | +9.8% |
| Moodys Investors Service | 2.88B | 37.3% | +7.5% |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| International Regions | 3.55B | 50.0% | +9.1% |
| EMEA | 2.38B | 33.5% | +9.3% |
| Asia Pacific | 699.00M | 9.9% | +11.1% |
| U S | 472.00M | 6.7% | +5.1% |
Operating and free cash flow
Full cash flow statementMoody's financial health
Full balance sheet- Cash and short-term investments
- 1.62B USD
- Total debt
- 7.49B USD
- Net cash
- -5.87B USD
- Current ratio
- 1.29
- Debt to equity
- 2.29
- Piotroski score
- 8 / 9
- Altman Z-score
- 7.89
Cash, debt and free cash flow
Assets, liabilities and equity
Moody's valuation
- Price to earnings ratio (TTM)
- 30.74
- Forward P/E (FY2026)
- 30.15
- Price to sales (TTM)
- 10.66
- Price to book
- 26.68
- EV / EBITDA (TTM)
- 24.16
Capital structure
Valuation over time
Moody's against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Intercontinental Exchange, CME Group, Nasdaq, S&P Global, MSCI, and Coinbase Global, the US Financial - Data & Stock Exchanges companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median30.723.949.6
- Gross marginAbove its median68.2%64.4%69.5%Against its peers: 5 of 7Peers' median 72.4%
- Operating marginAbove its median44.8%36.5%45.7%Against its peers: 3 of 7Peers' median 40.5%
- Net marginAbove its median31.9%25.1%35.6%Against its peers: 3 of 7Peers' median 27.6%
- Return on equityAbove its median60.7%48.4%81.2%Against its peers: 1 of 6Peers' median 14.1%
- Free cash flow marginAbove its median33.4%21.8%35.6%Against its peers: 6 of 7Peers' median 34.8%
- Revenue growthAt its median8.9%-12.1%19.8%Against its peers: 4 of 7Peers' median 8.7%
- EPS growthAt its median21.4%-36.8%29.0%Against its peers: 2 of 7Peers' median 17.1%
- Debt to EBITDALowest in 5 years1.87×1.87×3.41×Against its peers: 3 of 7Peers' median 3.11×
- Current ratioHighest in 5 years1.741.431.74Against its peers: 2 of 7Peers' median 1.01
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Moody's dividends
- Annual dividend
- 4.12 USD
- Dividend yield (indicated)
- 0.81%
- Payout ratio
- 30.76%
- Years of dividend growth
- 17
- Frequency
- Quarterly
- Last payment
- 1.03 USD
- Last ex-dividend date
- 20 Nov 2026
- Last payment date
- 11 Dec 2026
Dividends per share
Moody's ownership
- Institutions
- 90.91%
- Institutional holders
- 1,458 (+29)
- Free float
- 91.50%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 7 | 11.08K | 21.53K |
| Q3 2026 | 0 | 4 | 25.22K | 7.16K |
| Q2 2026 | 0 | 7 | 3.70K | 6.88K |
| Q1 2026 | 0 | 11 | 108.95K | 49.87K |
Shares outstanding
Common questions about Moody's's financials
Source: Financial Modeling Prep