Moody's MCO Ratios & Valuation
| 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 | |
| Returns | |||||
| Return on equity | 234.7%+12.7pp | 222%+6.8pp | 215.2%-69.9pp | 285.1%-210pp | |
| 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× | |
| Leverage | |||||
| Debt-to-equity | 7.4×-0.7× | 8.2×-1.5× | 9.7×-4.0× | 13.7×+1.0× | |
| 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% | |
| 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× | |
| Dividend yield | 3.1%+0.1pp | 3%-0.5pp | 3.5%-0.4pp | 3.9%+1.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
