MCO
Moody's Corporation
Stock
$441.36−6.00 (−1.34%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.2B | $7.7B | $7.1B | $5.9B | $5.5B | $6.2B | $5.4B | $4.8B | $4.4B | $4.2B | $3.6B | $3.5B | $3.3B | $3.0B | $2.7B | $2.3B | $2.0B | $1.8B | $1.8B | $2.3B |
| Cost of revenue | $2.0B | $2.0B | $1.9B | $1.7B | $1.6B | $1.6B | $1.5B | $1.4B | $1.2B | $1.2B | — | — | — | — | — | — | — | — | — | — |
| Gross profit | $6.1B | $5.7B | $5.1B | $4.2B | $3.9B | $4.6B | $3.9B | $3.4B | $3.2B | $3.0B | — | — | — | — | — | — | — | — | — | — |
| R&D | — | — | — | — | — | — | — | — | $51M | $42M | $40M | $29M | $38M | $23M | $16M | $30M | $20M | $14M | $13M | — |
| SG&A | $1.9B | $1.8B | $1.7B | $1.6B | $1.5B | $1.5B | $1.2B | $1.2B | $1.1B | $986M | $931M | $921M | $869M | $822M | $752M | $630M | $588M | $496M | $441M | $451M |
| Other operating expenses | $602M | $591M | $533M | $460M | $445M | $257M | $279M | $277M | $198M | $139M | — | — | — | — | — | — | — | — | — | — |
| Operating income | $3.7B | $3.4B | $2.9B | $2.1B | $1.9B | $2.8B | $2.4B | $2.0B | $1.9B | $1.8B | $651M | $1.5B | $1.4B | $1.2B | $1.1B | $888M | $773M | $688M | $748M | $1.1B |
| Non-operating income | −$60M | −$221M | −$176M | −$202M | −$123M | −$89M | −$159M | −$188M | −$196M | −$34M | −$93M | −$94M | $22M | −$65M | −$53M | −$49M | −$58M | −$41M | −$18M | −$9.0M |
| Pretax income | $3.6B | $3.1B | $2.7B | $1.9B | $1.8B | $2.8B | $2.2B | $1.8B | $1.7B | $1.8B | $558M | $1.4B | $1.5B | $1.2B | $1.0B | $840M | $714M | $646M | $730M | $1.1B |
| Taxes | $800M | $671M | $641M | $328M | $386M | $541M | $451M | $388M | $362M | $786M | $291M | $438M | $472M | $365M | $334M | $268M | $207M | $244M | $272M | $421M |
| Net income | $2.8B | $2.5B | $2.1B | $1.6B | $1.4B | $2.2B | $1.8B | $1.4B | $1.3B | $1.0B | $267M | $941M | $989M | $805M | $690M | $571M | $508M | $402M | $458M | $702M |
| Diluted EPS | $15.77 | $13.67 | $11.26 | $8.73 | $7.44 | $11.78 | $9.39 | $7.42 | $6.74 | $5.15 | $1.36 | $4.63 | $4.61 | $3.60 | $3.05 | $2.49 | $2.15 | $1.69 | $1.87 | $2.58 |
| Diluted shares | — | 179.9M | 182.7M | 184.0M | 184.7M | 187.9M | 189.3M | 191.6M | 194.4M | 194.2M | 195.4M | 203.4M | 214.7M | 223.5M | 226.6M | 229.4M | 236.6M | 237.8M | 245.3M | 272.2M |
| Revenue growth | — | +8.9% | +19.8% | +8.2% | −12.1% | +15.8% | +11.2% | +8.7% | +5.7% | +16.6% | +3.4% | +4.5% | +12.2% | +8.9% | +19.7% | +12.2% | +13.1% | +2.4% | −22.3% | — |
| Gross margin | 75.0% | 74.4% | 72.6% | 71.5% | 70.5% | 73.7% | 72.5% | 71.3% | 72.0% | 71.1% | — | — | — | — | — | — | — | — | — | — |
| Operating margin | 44.8% | 43.4% | 40.6% | 36.1% | 34.4% | 45.7% | 44.5% | 41.4% | 42.0% | 43.3% | 18.1% | 42.3% | 43.2% | 41.5% | 39.5% | 39.0% | 38.0% | 38.3% | 42.6% | 50.1% |
| Net margin | 34.3% | 31.9% | 29.0% | 27.2% | 25.1% | 35.6% | 33.1% | 29.4% | 29.5% | 23.8% | 7.4% | 27.0% | 29.7% | 27.1% | 25.3% | 25.1% | 25.0% | 22.4% | 26.1% | 31.1% |