Moody's Corporation (MCO) — Financial statements
Income statement, balance sheet, and cash flow for Moody's Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 7,718↑8.9% | 7,088↑19.8% | 5,916↑8.2% | 5,468↓12.1% | 6,218 | |
| Cost of Revenue | 2,458↑3.2% | 2,381↑15.5% | 2,062↑6.1% | 1,944↑2.6% | 1,894 | |
| Gross Profit | 5,260↑11.7% | 4,707↑22.1% | 3,854↑9.4% | 3,524↓18.5% | 4,324 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 1,735 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,803↑3.9% | 1,736↑6.3% | 1,633↑6.9% | 1,527↑3.2% | 1,480 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,805↑4.0% | 1,736↑6.3% | 1,633↑6.9% | 1,527↑3.2% | 1,480 | |
| Total Costs & Expenses | 4,263↑3.5% | 4,117↑11.4% | 3,695↑6.5% | 3,471↑2.9% | 3,374 | |
| Operating Results | ||||||
| Operating Income | 3,455↑16.3% | 2,971↑33.8% | 2,221↑11.2% | 1,997↓29.8% | 2,844 | |
| Depreciation & Amortization | 480↑11.4% | 431↑15.5% | 373↑12.7% | 331↑28.8% | 257 | |
| EBITDA | 3,935↑18.0% | 3,334↑32.6% | 2,515↑9.0% | 2,307↓29.1% | 3,255 | |
| EBIT | 3,455↑19.0% | 2,903↑35.5% | 2,142↑8.4% | 1,976↓34.1% | 2,998 | |
| Interest & Other Income | ||||||
| Net Interest Income | -124↓21.6% | -102↑29.2% | -144↑28.4% | -201↑14.1% | -234 | |
| Interest Income | 65↓36.3% | 102↑61.9% | 63↑320.0% | 15↑66.7% | 9 | |
| Interest Expense | 189↓7.4% | 204↓1.4% | 207↓4.2% | 216↓11.1% | 243 | |
| Non-Operating Income | 0.00↓100.0% | 68↓13.9% | 79↑276.2% | 21↑113.6% | -154 | |
| Other Income / Expenses | -325↓19.5% | -272↑4.9% | -286↓20.7% | -237↓166.3% | -89 | |
| Income Before Tax | 3,130↑16.0% | 2,699↑39.5% | 1,935↑9.9% | 1,760↓36.1% | 2,755 | |
| Income Tax Expense | 668↑4.4% | 640↑95.7% | 327↓15.3% | 386↓28.7% | 541 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,459↑19.4% | 2,059↑28.0% | 1,608↑17.0% | 1,374↓37.9% | 2,214 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,459↑19.5% | 2,058↑28.1% | 1,607↑17.0% | 1,374↓37.9% | 2,214 | |
| Bottom-Line Net Income | 2,459↑19.5% | 2,058↑28.1% | 1,607↑17.0% | 1,374↓37.9% | 2,214 | |
| EPS (Basic) | 13.73↑21.3% | 11.32↑29.1% | 8.77↑17.4% | 7.47↓37.1% | 11.88 | |
| EPS (Diluted) | 13.67↑21.4% | 11.26↑29.0% | 8.73↑17.3% | 7.44↓36.8% | 11.78 | |
| Weighted Average Shares | 179↓1.5% | 182↓0.8% | 183↓0.4% | 184↓1.3% | 186 | |
| Weighted Average Diluted Shares | 180↓1.5% | 183↓0.7% | 184↓0.4% | 185↓1.7% | 188 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.