What are Moody's's profit margins?

Moody's (MCO) runs a 74.4% gross margin and a 43.5% operating margin, with a 31.7% net margin.

Where do Moody's's ratios come from?

Every ratio is computed from Moody's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Moody's MCO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	293.7%+2.9pp	290.8%+8.5pp	282.3%-3.4pp	285.6%-8.6pp
Operating margin	166.3%+6.9pp	159.4%+23.4pp	135.9%-17.6pp	153.6%-32.5pp
Net margin	120.1%+6.7pp	113.4%+8.6pp	104.8%-8.6pp	113.4%-29.1pp
EBITDA margin	191.1%+7.3pp	183.8%+22.5pp	161.3%-13.4pp	174.7%-27.6pp
Free cash flow margin	132.3%-1.5pp	133.9%+17.0pp	116.8%+27.7pp	89.1%-61.4pp
Returns
Return on equity	234.7%+12.7pp	222%+6.8pp	215.2%-69.9pp	285.1%-210pp
Return on assets	58.1%+7.2pp	50.9%+9.8pp	41%-6.8pp	47.8%-19.2pp
Return on invested capital	107.2%+12.6pp	94.6%+20.6pp	74%-15.0pp	89%-43.9pp
Efficiency
Asset turnover	1.9×+0.1×	1.8×+0.2×	1.6×-0.1×	1.7×-0.2×
Liquidity
Current ratio	6.9×+0.8×	6.1×-0.6×	6.6×+0.4×	6.3×-1.3×
Quick ratio	6.9×+0.8×	6.1×-0.6×	6.6×+0.4×	6.3×-1.3×
Cash ratio	3.2×+0.2×	3×-0.3×	3.3×+0.6×	2.7×-1.5×
Leverage
Debt-to-equity	7.4×-0.7×	8.2×-1.5×	9.7×-4.0×	13.7×+1.0×
Debt-to-assets	1.9×-0.1×	2×-0.1×	2.1×-0.2×	2.3×+0.1×
Net debt / EBITDA	5.7×-0.8×	6.6×-3.0×	9.6×-0.5×	10.1×+3.4×
Per Share
Book value per share	$86.96+7.3%	$81.05+18.9%	$68.16+33.2%	$51.17+2.6%
Valuation
Market capitalization	$348.36B+8.5%	$320.94B+28.8%	$249.2B+19.6%	$208.38B-20.3%
Enterprise value	$368.61B+8.1%	$341.08B+25.9%	$270.94B+15.8%	$233.94B-16.9%
Price / earnings	156.2×-12.7×	168.9×+0.7×	168.2×+41.6×	126.6×+2.8×
Price / sales	46.8×-1.1×	47.9×+3.8×	44.1×+8.3×	35.7×-8.4×
Price / book	89×+2.4×	86.6×+7.3×	79.4×-8.7×	88×-23.9×
EV / EBITDA	103.8×-6.9×	110.8×-8.1×	118.9×+26.9×	92×-2.0×
EV / sales	49.6×-1.3×	50.9×+3.0×	47.9×+7.8×	40.1×-7.4×
Free cash flow yield	11.3%+0.1pp	11.2%+0.6pp	10.6%+0.6pp	10%-3.8pp
Earnings yield	10.3%+0.8pp	9.5%-0.1pp	9.6%-3.2pp	12.8%-0.2pp
Dividend yield	3.1%+0.1pp	3%-0.5pp	3.5%-0.4pp	3.9%+1.1pp
PEG ratio	9.4×+3.3×	6.1×—	——	——

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Questions, answered.

What are Moody's's profit margins?: Moody's (MCO) runs a 74.4% gross margin and a 43.5% operating margin, with a 31.7% net margin.
Where do Moody's's ratios come from?: Every ratio is computed from Moody's's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.