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Moody's MCO MIS — Goodwill

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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:Goodwill.

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 itemMA / Gross goodwillMA / Accumulated impairment chargeMA / Net goodwillMIS / Gross goodwillMIS / Accumulated impairment chargeMIS / Net goodwillConsolidated / Gross goodwillConsolidated / Accumulated impairment chargeConsolidated / Net goodwill
Balance at beginningof year$5,997$(12)$5,985$383$383$6,380$(12)$6,368
Additions/adjustments (1)32323232
Foreign currency translation adjustments(75)(75)(14)(14)(89)(89)
Adjustment related to divestiture of business (2)7777
Ending balance$5,929$(12)$5,917$401$401$6,330$(12)$6,318

Item 1. Financial Statements

FAQ

What is Moody's's MIS — goodwill?
Moody's (MCO) reported MIS — goodwill of $401M in Q2 2026.
How has Moody's's MIS — goodwill changed year-over-year?
Moody's's MIS — goodwill increased by 5.0% year-over-year, from $382M to $401M.
What is the long-term trend for Moody's's MIS — goodwill?
Over 4 years (2021 to 2025), Moody's's MIS — goodwill has grown at a 8.4% compound annual growth rate (CAGR), from $1.11B to $1.53B.
What does MIS — goodwill mean?
The net carrying value of goodwill for the Moody's Investors Service segment, calculated as gross goodwill minus accumulated impairment losses. This represents the current balance sheet value of intangible assets acquired through past business combinations. It is a key figure for assessing the segment's asset base and potential future impairment risk.

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