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Moody's MCO MA — Cost incurred to date

Other segment segments

MIS
$54M+100%

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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$83.82B-9.7%
Enterprise value$89.87B-8.2%
P/E30×-13.5×
P/S10.3×-2.4×

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

Where this comes from

Reported directly by Moody's in its filing.

Tagged under the XBRL concept us-gaap:RestructuringAndRelatedCostCostIncurredToDate1.

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

Filed
Jul 23, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049398
Line itemMAMISTotal
Strategic and Operational Efficiency Restructuring Program$158$54$212

Item 1. Financial Statements

FAQ

What is Moody's's MA — cost incurred to date?
Moody's (MCO) reported MA — cost incurred to date of $158M in Q2 2026.
How has Moody's's MA — cost incurred to date changed year-over-year?
Moody's's MA — cost incurred to date increased by 102.6% year-over-year, from $78M to $158M.
What is the long-term trend for Moody's's MA — cost incurred to date?
Over 2 years (2023 to 2025), Moody's's MA — cost incurred to date has grown at a 4.6% compound annual growth rate (CAGR), from $317M to $347M.
What does MA — cost incurred to date mean?
This metric tracks the cumulative financial outlays associated with specific long-term projects, software development initiatives, or strategic integrations within the Moody's Analytics segment. It provides visibility into the total capital or operating expenditure committed to ongoing internal projects before they reach completion or full commercialization. Investors use this to evaluate the scale of investment in product innovation and the progress of major segment-wide initiatives.

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