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NEW YORK STOCK EXCHANGE, INC. · Financial Services · CIK 0001059556
$481.05
+1.20% · delayed ~15 min
Last price from Oct 21, 2026
$86.59B market value
From MOODYS CORP /DE/'s FY2025 10-K, filed Feb 18, 2026 · read the filing
MOODYS /DE/ provides business and staffing services. It took in $7.72B last year, which makes it a mid-sized company. Of every dollar it sells, about 32 cents is left as profit.
The financial picture is led by profitability and debt, with growth worth watching.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Strong finances across the board.
From MOODYS CORP /DE/'s FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Operating income
$2.88B → $3.35B
Profit
$2.06B → $2.46B
Earnings per share
$11.28 → $13.66
Revenue
$7.09B → $7.72B
Measured against FY2024, from the 10-K filed Feb 18, 2026
Improved: +16.6%
$2.88B to $3.35BSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +19.5%
$2.06B to $2.46BSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote delayed ~15 min), and what was published around it
MCO rose 1.20% on the latest quote. The average Industrials company tracked here moved +0.34%, and the S&P 500 −1.04%. That is 0.9 points above its sector and 2.2 points above the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
The growth rate someone buying today is paying for, against what the company has delivered
At today's price, the market is paying for free cash flow to grow by about 13% a year for the next 10 years. Over the last 10 years it grew by about 9% a year.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 32 cents of every dollar of sales as profit, earning $2.46B last year.
Slowly. Sales grew 8.9% last year.
No. At its current cash flow it could clear its debt in about 1.6 years. For every $1 it owes, it owns $1.36 in assets.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 29 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It paid out 24% of the cash its operations generated. It has paid in each of the last 12 years.
GoodFigures from the FY2025 annual filing
Last year it earned $2.46B and generated $2.90B of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Feb 18, 2026Filing for FY2025 | FY202410-K · Feb 14, 2025Filing for FY2024 | FY202310-K · Feb 14, 2025Filing for FY2023 | FY202210-K · Feb 15, 2023Filing for FY2022 | FY202110-K · Feb 15, 2023Filing for FY2021 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $7.72B | $7.09B | $5.92B | $5.47B | $6.22B | +8.9% |
| Cost of revenue | $1.97B | $1.95B | $1.69B | $1.61B | $1.64B | +1.4% |
| Gross profit | $5.75B† | $5.14B† | $4.23B† | $3.85B† | $4.58B† | +11.7% |
| Gross marginGross profit ÷ revenueWhat is this? | 74.4% | 72.6% | 71.5% | 70.5% | 73.7% | +1.9 pts |
| Selling, general and administrative | $1.80B | $1.74B | $1.63B | $1.53B | $1.48B | +3.9% |
| Operating income | $3.35B | $2.88B | $2.14B | $1.88B | $2.84B | +16.6% |
| Operating marginOperating income ÷ revenueWhat is this? | 43.4% | 40.6% | 36.1% | 34.4% | 45.7% | +2.9 pts |
| Interest expense | $251.0M | $300.0M | $296.0M | $216.0M | $185.0M | −16.3% |
| Income before tax | $3.13B | $2.70B | $1.94B | $1.76B | $2.75B | +16.0% |
| Net income | $2.46B | $2.06B | $1.61B | $1.37B | $2.21B | +19.5% |
| Net marginNet income ÷ revenueWhat is this? | 31.9% | 29.0% | 27.2% | 25.1% | 35.6% | +2.8 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $13.66 | $11.28 | $8.77 | $7.42 | $11.83 | +21.1% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| MCOMOODYS CORP /DE/ · this page | 8.7/10 | 8/9 |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Sold on the open market — 300 shares at $455.00 ($136.5K)
Holds 51,364 shares after this filing.
Exercised stock options — 51 shares at $113.34 ($5.8K)
Holds 51,415 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Quarterly report for Q3 FY2026
Profit margin +4.1 pts · Earnings per share +17.6% · Cash -30.6% — against Q3 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingWrite down why you are following MOODYS CORP /DE/, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
Coverage from the last 30 days
MCO Q3 deep dive: AI infrastructure and analytics drive segment divergence, guidance slightly raised
Yahoo ·
Stifel Maintains Buy on Moodys, Lowers Price Target to $537
Benzinga ·
S&P Global: Three Times A Charm?
Yahoo ·
Moody's: 3 Key Takeaways for Long-Term Investors
Yahoo ·
Moody’s (MCO) Stock Holds Firm As Q3 Earnings Cooling Draws Focus
Yahoo ·
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from MCO's 10-K for fiscal year 2025 (period ending 2025-12-31, filed Feb 18, 2026), reported under the US GAAP taxonomy. View the source filing.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 9 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 8.7 | 8/9 | 10-K, filed Feb 18, 2026 |
| FY2024 | 10.0 | 8/9 | 10-K, filed Feb 14, 2025 |
| FY2023 | 8.7 | 9/9 | 10-K, filed Feb 14, 2024 |
| FY2022 | 6.0 | 5/9 | 10-K, filed Feb 15, 2023 |
| FY2021 | 10.0 | 6/9 | 10-K, filed Feb 22, 2022 |
| FY2020 | 8.7 | 8/9 | 10-K, filed Feb 22, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
8 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
6.38
In the safe zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Improved: +21.1%
$11.28 to $13.66Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +8.9%
$7.09B to $7.72BNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +11.7%
$5.14B to $5.75BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +1.9 pts
72.6% to 74.4%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +2.9 pts
40.6% to 43.4%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +2.8 pts
29.0% to 31.9%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: -1.4%
182.5M to 180.0MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
Changed: +13.1%
$620.0M to $701.0MNotable
Why it matters: Cash handed to shareholders. A rise can be a higher dividend or simply more shares, and a cut is a decision the company explains in its own filing — neither is rated here.
Q3 FY2026 against Q3 FY2025, from the 10-Q filed Oct 21, 2026 — read it.
Improved: +4.1 pts
32.2% to 36.3%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +17.6%
$3.62 to $4.26Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: -30.6%
$2.18B to $1.51BSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +13.6%
$646.0M to $734.0MNotable
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −1.4 pts
75.5% to 74.1%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: -9.2%
$6.98B to $6.34BNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Improved: -3.4%
178.4M to 172.4MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
Q3 FY2026 against Q2 FY2026, from the 10-Q filed Oct 21, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Deteriorated: -16.4%
$878.0M to $734.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −3.1 pts
47.9% to 44.8%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: −3.9 pts
40.2% to 36.3%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: -16.0%
$5.07 to $4.26Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: -7.4%
$2.19B to $2.02BNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Deteriorated: -10.1%
$1.67B to $1.50BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: -13.4%
$1.05B to $906.0MNotable
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: −2.2 pts
76.3% to 74.1%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
4 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Discounted at 8%–10% a year, with growth settling to 2.5% after 10 years. Those rates are ordinary choices, not measurements: across that range the assumed growth works out between 11% and 15%. This describes what the price implies — it is not a forecast, and not a view on whether the price is right.
Opinions from 30 analysts covering this company, as of . Their views, not this site's.
Of 30 analysts publishing on this company, 9 say strong buy, 13 say buy and 8 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 1.6% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 29.7x — investors pay $29.7 for each $1 of trailing profit.
This company has not reported enough of the required figures to calculate this score.
| 8.9% |
| 31.9% |
| 35.21x |
| 2.87x |
| SPGIS&P Global Inc. | 9.0/10 | 7/9 | 7.9% | 29.2% | 30.28x | 0.80x |
|---|
| CMECME GROUP INC. | 7.3/10 | 6/7 | 6.4% | 62.5% | 27.02x | 5.91x |
|---|
| ICEIntercontinental Exchange, Inc. | 7.3/10 | 7/8 | 7.5% | 26.2% | 28.02x | 3.73x |
|---|
| NDAQNASDAQ, INC. | 7.3/10 | 9/9 | 11.6% | 21.6% | 32.93x | 1.54x |
|---|
| COINCoinbase Global, Inc. | 7.3/10 | 4/8 | 9.4% | 17.6% | 35.93x | 1.01x |
|---|
| MSCIMSCI Inc. | 7.3/10 | 8/9 | 9.7% | 38.4% | 37.95x | -3.15x |
|---|
| CBOECboe Global Markets, Inc. | 8.7/10 | 8/9 | 15.1% | 23.3% | 31.18x | 0.81x |
|---|
| Median of peers | 7.3/10 | — | 9.4% | 26.2% | 31.18x | 1.01x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Exercised stock options — 572 shares at $167.50 ($95.8K)
Holds 51,987 shares after this filing.
Sold on the open market — 623 shares at $455.00 ($283.5K)
Holds 51,364 shares after this filing.
Had shares withheld to cover taxes — 21 shares at $450.80 ($9.6K)
Holds 2,088 shares after this filing.
Was granted or awarded shares — 1 shares
Holds 530 shares after this filing.
Was granted or awarded shares — 11 shares
Holds 5,239 shares after this filing.
Was granted or awarded shares — 6 shares
Holds 2,915 shares after this filing.
Was granted or awarded shares — 15 shares
Holds 8,779 shares after this filing.
Was granted or awarded shares — 7 shares
Holds 9,887 shares after this filing.
Was granted or awarded shares — 13 shares
Holds 9,901 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 923 shares ($420.0K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 1,467 shares ($736.3K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 1,467 shares ($710.5K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 1,467 shares ($665.5K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Filed notice to sell 157 shares ($71.5K) on or after .
Shares originally obtained via Restricted Stock Vesting.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Had a director or senior officer leave or join
Had a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingQuarterly report for Q2 FY2026
Revenue +15.1% · Operating margin +4.8 pts · Profit +51.9% — against Q2 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingQuarterly report for Q1 FY2026
Revenue +8.1% · Free cash flow +25.6% · Cash -31.3% — against Q1 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingHeld a shareholder vote
Read the filingMade a Regulation FD disclosure
Read the filingProxy statement for a shareholder meeting
Read the filingAnnual report for FY2025
Revenue +8.9% · Operating margin +2.9 pts · Operating income +16.6% — against FY2024
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join
Read the filingQuarterly report for Q3 FY2025
Revenue +10.7% · Operating margin +5.0 pts · Gross profit +16.4% — against Q3 FY2024
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingAmended its charter or changed its financial year · Reported another event
Read the filingHad a director or senior officer leave or join
Read the filingQuarterly report for Q2 FY2025
Cash -17.5% · Operating income +5.5% · Earnings per share +6.3% — against Q2 FY2024
Read the filingPrimary sources and further research