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NYSE · Financials

Moodys Corp. (MCO)

As-reported financials and SEC filings for Moodys Corp. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Moodys Corp.

Moody's Corporation provides data, insights, and analytical tools to help businesses and financial leaders assess and manage risk. Its main services include credit ratings, research, and risk analysis through Moody's Investors Service, and curated data and AI-enabled cloud-based workflow tools through Moody's Analytics. The company serves banks, insurers, investors, corporations, and governments worldwide.

Snapshot

Revenue
$7.72B
Revenue growth (YoY)
8.9%
Net income
$2.46B
Diluted EPS
$13.67
Gross margin
74.4%
Operating margin
43.4%
Net margin
31.9%
FCF margin
33.4%
ROE
58.5%
net income / fiscal-year-end equity
P/E
28.9×
trailing when available, otherwise FY EPS
Market cap
$83.36B
Long-term debt / equity
1.66×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Moodys

  • Revenue grew 8.9% to $7.7B in FY2025, slower than the 19.8% the year before.
  • Operating margin is 43.4% in FY2025, -2.3 pp against 45.7% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $2.0B, up 0.8% from Q3 FY2025.
  • Free cash flow was $2.6B in FY2025, 33.4% of revenue.
  • Net income rose 19.5% to $2.5B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Moodys’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin74.4%
79th percentile of 48
Operating margin43.4%
91st percentile of 141
Net margin31.9%
87th percentile of 372
FCF margin33.4%
75th percentile of 266
Revenue growth (YoY)+8.9%
46th percentile of 419
ROE58.5%
99th percentile of 374
P/E28.9×
87th percentile of 308
Long-term debt / equity1.66×
88th percentile of 192
Short interest3.48d
47th percentile of 418

Moodys’s return on equity of 58.5% ranks in the 99th percentile of the 374 Financials companies reporting it. Moodys’s operating margin of 43.4% ranks in the 91st percentile of the 141 Financials companies reporting it. Moodys’s long-term debt to equity of 1.66 ranks in the 88th percentile of the 192 Financials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 6 insider sales totaling $1.9M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 9 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
9
+7 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$12.64B
reported long value
InvestorAs ofPosition valueSharesChange
Berkshire HathawayQ2 2026$11.17B24.7MHeld
Akre Capital ManagementQ2 2026$524.0M1.2MReduced
AQR Capital ManagementquantQ2 2026$471.0M1.0MAdded
D. E. ShawquantQ2 2026$167.2M369.1KAdded
Markel GroupQ2 2026$96.9M213.9KHeld
Millennium ManagementquantQ2 2026$73.0M161.3KAdded
Renaissance TechnologiesquantQ2 2026$44.7M98.8KReduced
Citadel AdvisorsquantQ2 2026$29.3M64.8KReduced
Gotham Asset ManagementQ2 2026$23.5M51.8KAdded
Bridgewater AssociatesQ2 2026$13.7M30.1KNew
Two Sigma InvestmentsquantQ2 2026$11.5M25.5KReduced
Point72 Asset ManagementquantQ2 2026$8.6M18.9KReduced
Yacktman Asset ManagementQ2 2026$5.6M12.4KHeld
Harris Associates (Oakmark)Q2 2026$862,8131.9KHeld
Chou Associates ManagementQ2 2026$679,3801.5KHeld
Dodge & CoxQ2 2026$549,3921.2KHeld

No longer held by: Himalaya Capital Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
6
$1.9M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-01
filed 2026-10-02
Robert FauberPresident and CEOSell623$455.00$283K
2026-10-01
filed 2026-10-02
Robert FauberPresident and CEOSell300$455.00$137K
2026-09-01
filed 2026-09-02
Robert FauberPresident and CEOSell1.2K$501.89$586K
2026-09-01
filed 2026-09-02
Robert FauberPresident and CEOSell300$501.89$151K
2026-08-03
filed 2026-08-04
Robert FauberPresident and CEOSell1.2K$484.30$565K
2026-08-03
filed 2026-08-04
Robert FauberPresident and CEOSell300$484.30$145K
2026-07-01
filed 2026-07-02
Robert FauberPresident and CEOSell1.2K$455.49$532K
2026-07-01
filed 2026-07-02
Robert FauberPresident and CEOSell300$455.49$137K
2026-07-01
filed 2026-07-02
Richard G. SteeleSVP - General CounselSell157$455.49$72K
2026-06-01
filed 2026-06-02
Robert FauberPresident and CEOSell1.2K$453.67$529K
2026-06-01
filed 2026-06-02
Robert FauberPresident and CEOSell300$453.67$136K
2026-06-01
filed 2026-06-02
Richard G. SteeleSVP - General CounselSell158$453.67$72K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.8M
settled 2026-09-30
Change vs prior
-1.0%
vs previous settlement
Days to cover
3.48
at avg daily volume
Avg daily volume
806.5K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-302.8M-1.0%3.48
2026-09-152.8M+11.5%4.31
2026-08-312.5M-1.0%3.67
2026-08-142.6M-16.5%3.67
2026-07-313.1M-3.7%3.01
2026-07-153.2M+7.7%4.32
2026-06-303.0M-13.7%2.20
2026-06-153.4M-8.0%3.98

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$7.72B$7.09B$5.92B$5.47B$6.22B
Gross profit
Operating income$3.35B$2.88B$2.14B$1.88B$2.84B
Pre-tax income$3.13B$2.70B$1.94B$1.76B$2.75B
Net income$2.46B$2.06B$1.61B$1.37B$2.21B
Diluted EPS$13.67$11.26$8.73$7.44$11.78

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$2.90B$2.84B$2.15B$1.47B$2.00B
Capital expenditure$326.0M$317.0M$271.0M$283.0M$139.0M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$2.02B0.8%$734.0M$4.24
Q2 FY2026$2.19B15.1%$878.0M$5.03
Q1 FY2026$2.08B8.1%$661.0M$3.73
Q4 FY202513.0%
Q3 FY2025$2.01B10.7%$646.0M$3.60
Q2 FY2025$1.90B4.5%$578.0M$3.21
Q1 FY2025$1.92B7.7%$625.0M$3.46
Q4 FY202413.0%

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorFinancials
SIC industryServices-Consumer Credit Reporting, Collection Agencies
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ3 FY2026 (ended September 30, 2026)
Oldest indexed filing2018
SEC CIK1059556

Selected SEC filings

10-K2026-02-18
View on EDGAR →
10-K2025-02-14
View on EDGAR →
10-Q2026-10-21
View on EDGAR →
10-Q2026-07-23
View on EDGAR →
10-Q2026-04-23
View on EDGAR →
10-Q2025-10-23
View on EDGAR →
8-K2026-10-21
View on EDGAR →
8-K/A2026-10-15
View on EDGAR →

Largest Financials peers

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MCO head to head

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.