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Moody's MCO Gross margin

Gross margin at other companies

S&P Global logo
S&P GlobalSPGI
70.9%+1.2pp
CoStar Group logo
CoStar GroupCSGP
78.7%-0.6pp
Morningstar logo
MorningstarMORN
62.2%+1.3pp
MSCI logo
MSCIMSCI
83%+0.8pp
Fair Isaac logo
Fair IsaacFICO
85.1%+3.4pp
MicroStrategy logo
MicroStrategyMSTR
72%-3.6pp

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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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
Debt / equity2.5×+0.6×
Current ratio1.2×-0.6×

Where this comes from

Calculated from Moody's’s reported figures.

Based on trailing twelve months.

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 gross margin?
Moody's (MCO) reported gross margin of 75% in Q2 2026.
How has Moody's's gross margin changed year-over-year?
Moody's's gross margin increased by 3.0% year-over-year, from 72.8% to 75%.
What is the long-term trend for Moody's's gross margin?
Over 5 years (2020 to 2025), Moody's's gross margin has grown at a 0.5% compound annual growth rate (CAGR), from 72.5% to 74.4%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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