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Moody's MCO Debt-to-equity

Debt-to-equity at other companies

S&P Global logo
S&P GlobalSPGI
0.5×+0.1×
CoStar Group logo
CoStar GroupCSGP
0.1×0.0×
Morningstar logo
MorningstarMORN
1.9×+1.2×
Verisk Analytics, Inc. logo
Verisk Analytics, Inc.VRSK
15.9×-16.9×
MicroStrategy logo
MicroStrategyMSTR
0.2×0.0×
IQVIA logo
IQVIAIQV
2.6×-0.1×

Other financials

Income statement

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Revenue$2.2B+15.1%
Gross profit$1.7B+18.3%
Operating income$1.0B+27.9%
Net income$878.0M+51.9%
EPS (diluted)$5.03+56.7%

Balance sheet

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Cash & equivalents$1.5B-32.5%
Total debt$7.5B+3.3%
Total equity$3.0B-23.4%
Total assets$14.7B-5.2%

Cash flow

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Operating cash flow$779.0M+43.5%
CapEx$91.0M+21.3%
Free cash flow$688.0M+47.0%

Valuation

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Market cap$82.85B-11.1%
Enterprise value$88.9B-9.6%
P/E29.6×-14.1×
P/S10.2×-2.6×

Profitability

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Gross margin75%+2.2pp
Operating margin44.8%+4.2pp
Net margin34.3%+5.1pp
FCF margin36.4%+3.9pp

Returns & leverage

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Return on equity80.2%+25.0pp
Current ratio1.2×-0.6×

Where this comes from

Calculated from Moody's’s reported figures.

Based on the most recent quarter.

The source filing: Moody's’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049398

FAQ

What is Moody's's debt-to-equity?
Moody's (MCO) reported debt-to-equity of 2.5× in Q2 2026.
How has Moody's's debt-to-equity changed year-over-year?
Moody's's debt-to-equity increased by 34.8% year-over-year, from 1.8× to 2.5×.
What is the long-term trend for Moody's's debt-to-equity?
Over 5 years (2020 to 2025), Moody's's debt-to-equity has grown at a -16.3% compound annual growth rate (CAGR), from 4.4× to 1.8×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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