Moodys Corp (MCO) stock
MCONYSEServices-Consumer Credit Reporting, Collection AgenciesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 21, 2026Score 21/302% below fair value
$508.20+1.64 (+0.32%)
Close on Nov 13, 2026Market cap $87.61BP/E 31.0Yield 0.74%
Moodys operating margin
Operating margin is operating income as a percentage of revenue.
Moodys's operating margin for the twelve months ending Sep 30, 2026 was 44.6%. For fiscal 2025 it was 43.4%, against 40.6% the year before. The highest annual figure on record is 50.1% in fiscal 2007.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 43.4% | +2.9 |
| FY2024 | Dec 31, 2024 | 40.6% | +4.4 |
| FY2023 | Dec 31, 2023 | 36.1% | +1.7 |
| FY2022 | Dec 31, 2022 | 34.4% | −11.3 |
| FY2021 | Dec 31, 2021 | 45.7% | +1.3 |
| FY2020 | Dec 31, 2020 | 44.5% | +3.1 |
| FY2019 | Dec 31, 2019 | 41.4% | −0.7 |
| FY2018 | Dec 31, 2018 | 42.0% | −1.3 |
| FY2017 | Dec 31, 2017 | 43.3% | +25.3 |
| FY2016 | Dec 31, 2016 | 18.1% | −24.2 |
| FY2015 | Dec 31, 2015 | 42.3% | −0.9 |
| FY2014 | Dec 31, 2014 | 43.2% | +1.6 |
| FY2013 | Dec 31, 2013 | 41.5% | +2.1 |
| FY2012 | Dec 31, 2012 | 39.5% | +0.5 |
| FY2011 | Dec 31, 2011 | 39.0% | +0.9 |
| FY2010 | Dec 31, 2010 | 38.0% | −0.2 |
| FY2009 | Dec 31, 2009 | 38.3% | −4.4 |
| FY2008 | Dec 31, 2008 | 42.6% | −7.4 |
| FY2007 | Dec 31, 2007 | 50.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 44.8% | −0.9 |
| Q2 FY2026 | Jun 30, 2026 | 47.9% | +4.8 |
| Q1 FY2026 | Mar 31, 2026 | 44.3% | +0.4 |
| Q4 FY2025 | Dec 31, 2025 | 40.8% | +7.2 |
| Q3 FY2025 | Sep 30, 2025 | 45.7% | +5.0 |
| Q2 FY2025 | Jun 30, 2025 | 43.1% | +0.4 |
| Q1 FY2025 | Mar 31, 2025 | 44.0% | −0.9 |
| Q4 FY2024 | Dec 31, 2024 | 33.6% | −0.1 |
| Q3 FY2024 | Sep 30, 2024 | 40.7% | +4.4 |
| Q2 FY2024 | Jun 30, 2024 | 42.7% | +5.8 |
| Q1 FY2024 | Mar 31, 2024 | 44.8% | +7.2 |
| Q4 FY2023 | Dec 31, 2023 | 33.6% | +9.9 |
| Q3 FY2023 | Sep 30, 2023 | 36.3% | +4.0 |
| Q2 FY2023 | Jun 30, 2023 | 36.8% | +0.0 |
| Q1 FY2023 | Mar 31, 2023 | 37.7% | −5.4 |
| Q4 FY2022 | Dec 31, 2022 | 23.7% | −9.7 |
| Q3 FY2022 | Sep 30, 2022 | 32.4% | −11.9 |
| Q2 FY2022 | Jun 30, 2022 | 36.8% | −14.8 |
| Q1 FY2022 | Mar 31, 2022 | 43.1% | −10.2 |
| Q4 FY2021 | Dec 31, 2021 | 33.4% | −1.0 |
| Q3 FY2021 | Sep 30, 2021 | 44.3% | −3.0 |
| Q2 FY2021 | Jun 30, 2021 | 51.6% | +2.1 |
| Q1 FY2021 | Mar 31, 2021 | 53.3% | +7.4 |
| Q4 FY2020 | Dec 31, 2020 | 34.4% | −6.5 |
| Q3 FY2020 | Sep 30, 2020 | 47.3% | +3.1 |
| Q2 FY2020 | Jun 30, 2020 | 49.5% | +9.7 |
| Q1 FY2020 | Mar 31, 2020 | 45.9% | +5.4 |
| Q4 FY2019 | Dec 31, 2019 | 40.9% | +5.4 |
| Q3 FY2019 | Sep 30, 2019 | 44.3% | +1.1 |
| Q2 FY2019 | Jun 30, 2019 | 39.8% | −5.7 |
| Q1 FY2019 | Mar 31, 2019 | 40.5% | −3.1 |
| Q4 FY2018 | Dec 31, 2018 | 35.5% | −4.5 |
| Q3 FY2018 | Sep 30, 2018 | 43.2% | +1.0 |
| Q2 FY2018 | Jun 30, 2018 | 45.4% | −0.5 |
| Q1 FY2018 | Mar 31, 2018 | 43.6% | −2.2 |
| Q4 FY2017 | Dec 31, 2017 | 39.9% | +90.2 |
| Q3 FY2017 | Sep 30, 2017 | 42.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 46.0% | – |
| Q1 FY2017 | Mar 31, 2017 | 45.8% | – |
| Q4 FY2016 | Dec 31, 2016 | -50.2% | – |
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