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Moody's MCO Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin293.7%+2.9pp290.8%+8.5pp282.3%-3.4pp285.6%-8.6pp
Operating margin166.3%+6.9pp159.4%+23.4pp135.9%-17.6pp153.6%-32.5pp
Net margin120.1%+6.7pp113.4%+8.6pp104.8%-8.6pp113.4%-29.1pp
Returns
Return on equity234.7%+12.7pp222%+6.8pp215.2%-69.9pp285.1%-210pp
Return on invested capital107.2%+12.6pp94.6%+20.6pp74%-15.0pp89%-43.9pp
Efficiency
Asset turnover1.9×+0.1×1.8×+0.2×1.6×-0.1×1.7×-0.2×
Liquidity
Current ratio6.9×+0.8×6.1×-0.6×6.6×+0.4×6.3×-1.3×
Leverage
Debt-to-equity7.4×-0.7×8.2×-1.5×9.7×-4.0×13.7×+1.0×
Net debt / EBITDA5.7×-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 / earnings156.2×-12.7×168.9×+0.7×168.2×+41.6×126.6×+2.8×
Price / sales46.8×-1.1×47.9×+3.8×44.1×+8.3×35.7×-8.4×
Price / book89×+2.4×86.6×+7.3×79.4×-8.7×88×-23.9×
EV / EBITDA103.8×-6.9×110.8×-8.1×118.9×+26.9×92×-2.0×
Dividend yield3.1%+0.1pp3%-0.5pp3.5%-0.4pp3.9%+1.1pp

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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.