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Moody's MCO MA — Restructuring and related cost, expected cost

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MIS
$110M+15.8%

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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:RestructuringAndRelatedCostExpectedCost1.

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

The costs expected to be incurred related to the Strategic and Operational Efficiency Restructuring Program are $215 million to $240 million for the MA segment and $85 million to $110 million for the MIS segment, which include allocations of charges associated with corporate functions. This restructuring program is more fully discussed in Note 9.

Item 1. Financial Statements

FAQ

What is Moody's's MA — restructuring and related cost, expected cost?
Moody's (MCO) reported MA — restructuring and related cost, expected cost of $240M in Q2 2026.
How has Moody's's MA — restructuring and related cost, expected cost changed year-over-year?
Moody's's MA — restructuring and related cost, expected cost increased by 54.8% year-over-year, from $155M to $240M.
What does MA — restructuring and related cost, expected cost mean?
This metric represents the projected future financial obligations associated with organizational restructuring, workforce reductions, or operational realignments within the Moody's Analytics segment. It captures the anticipated costs of streamlining operations to improve margins or pivot the business model toward higher-growth areas. Understanding these expected costs allows investors to gauge the scale of management's commitment to operational efficiency and the potential impact on future earnings.

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