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Moody's MCO MIS — Operating and Selling, General and Administrative Expense

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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 mco:OperatingAndSellingGeneralAndAdministrativeExpense.

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
Compensation expense357306663355280635
Non-compensation expense20710731420097297
Intersegment expense523(55)503(53)
Total616416(55)977605380(53)932
Adjusted Operating Income$312$896$1,208$286$680$966
Less:
Depreciation andamortization102241269723120
Restructuring2753218927

Item 1. Financial Statements

FAQ

What is Moody's's MIS — operating and selling, general and administrative expense?
Moody's (MCO) reported MIS — operating and selling, general and administrative expense of $416M in Q2 2026.
How has Moody's's MIS — operating and selling, general and administrative expense changed year-over-year?
Moody's's MIS — operating and selling, general and administrative expense increased by 9.5% year-over-year, from $380M to $416M.
What is the long-term trend for Moody's's MIS — operating and selling, general and administrative expense?
Over 4 years (2021 to 2025), Moody's's MIS — operating and selling, general and administrative expense has grown at a 1.1% compound annual growth rate (CAGR), from $1.5B to $1.57B.
What does MIS — operating and selling, general and administrative expense mean?
The aggregate of all operating, selling, and administrative expenses incurred by the credit ratings segment. This is the primary measure of the segment's total operating cost structure before interest and taxes. It serves as a key benchmark for evaluating the segment's overall cost discipline and operational scale.

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