What is Moody's's MA — restructuring charges?

Moody's (MCO) reported MA — restructuring charges of $27M in Q2 2026.

How has Moody's's MA — restructuring charges changed year-over-year?

Moody's's MA — restructuring charges increased by 50.0% year-over-year, from $18M to $27M.

What is the long-term trend for Moody's's MA — restructuring charges?

Over 3 years (2022 to 2025), Moody's's MA — restructuring charges has grown at a 16.3% compound annual growth rate (CAGR), from $49M to $77M.

What does MA — restructuring charges mean?

Costs associated with organizational changes, such as workforce reductions or office consolidations, specifically within the Moody's Analytics segment. These are typically non-recurring expenses aimed at improving future operational efficiency.

Moody's (MCO) MA — Restructuring Charges

Screener

Other segment segments

MIS

$5M-44.4%

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$8M+33.3%

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

See full

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

See full

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:RestructuringCharges.

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 item	Three Months Ended June 30, 2026 / MA	Three Months Ended June 30, 2026 / MIS	Three Months Ended June 30, 2025 / Eliminations	Three Months Ended June 30, 2025 / Consolidated	Three Months Ended June 30, 2025 / MA	MIS	Eliminations	Consolidated
Adjusted Operating Income	$312	$896	—	$1,208	$286	$680	—	$966
Less:
Depreciation andamortization	102	24	—	126	97	23	—	120
Restructuring	27	5	—	32	18	9	—	27
Reserve for international non-income tax obligation	2	—	—	2	—	—	—	—
Duplicate Rent	1	1	—	2	—	—	—	—
Charges related to asset abandonment	—	—	—	—	1	—	—	1
Operating Income				$1,046				$818

Item 1. Financial Statements

FAQ

What is Moody's's MA — restructuring charges?: Moody's (MCO) reported MA — restructuring charges of $27M in Q2 2026.
How has Moody's's MA — restructuring charges changed year-over-year?: Moody's's MA — restructuring charges increased by 50.0% year-over-year, from $18M to $27M.
What is the long-term trend for Moody's's MA — restructuring charges?: Over 3 years (2022 to 2025), Moody's's MA — restructuring charges has grown at a 16.3% compound annual growth rate (CAGR), from $49M to $77M.
What does MA — restructuring charges mean?: Costs associated with organizational changes, such as workforce reductions or office consolidations, specifically within the Moody's Analytics segment. These are typically non-recurring expenses aimed at improving future operational efficiency.