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Moody's MCO MIS — D&A

Other segment segments

MA
$102M+5.2%

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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:DepreciationAndAmortization.

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 itemThree Months Ended June 30, 2026 / MAThree Months Ended June 30, 2026 / MISThree Months Ended June 30, 2025 / EliminationsThree Months Ended June 30, 2025 / ConsolidatedThree Months Ended June 30, 2025 / MAMISEliminationsConsolidated
Total616416(55)977605380(53)932
Adjusted Operating Income$312$896$1,208$286$680$966
Less:
Depreciation andamortization102241269723120
Restructuring2753218927
Reserve for international non-income tax obligation22
Duplicate Rent112
Charges related to asset abandonment11

Item 1. Financial Statements

FAQ

What is Moody's's MIS — D&A?
Moody's (MCO) reported MIS — D&A of $24M in Q2 2026.
How has Moody's's MIS — D&A changed year-over-year?
Moody's's MIS — D&A increased by 4.3% year-over-year, from $23M to $24M.
What is the long-term trend for Moody's's MIS — D&A?
Over 4 years (2021 to 2025), Moody's's MIS — D&A has grown at a 4.8% compound annual growth rate (CAGR), from $72M to $87M.
What does MIS — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the credit ratings segment. This metric accounts for the wear and tear of physical infrastructure and the write-down of acquired intangible assets. It is a critical component for reconciling operating income to cash flow.

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