MCOMoody's Corporation

Financials · Credit Bureaus · NYSE

MCO and 9 peers, year by year

The 9 Financials companies closest to MCO in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

5 years 10 years Download CSV

Choose the peers

Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
MCO Moody's Corporation	FY2025	$7.7B	+8.9%	-	43.4%	31.9%	33.4%	60.7%	1.73
KEY KeyCorp	FY2025	$7.5B	+6.5%	-	-	24.3%	28.0%	9.0%	0.49
NTRS Northern Trust	FY2025	$8.1B	+6.1%	-	-	21.5%	67.5%	13.4%	-
TROW T. Rowe Price	FY2025	$7.3B	+3.1%	-	29.9%	28.5%	20.2%	19.2%	-
RF Regions Financial Corporation	FY2025	$7.5B	+6.3%	-	0.7%	28.6%	-	11.3%	0.26
CFG Citizens Financial Group	FY2025	$8.2B	+6.7%	-	-	22.2%	-	7.0%	0.43
NDAQ Nasdaq, Inc.	FY2025	$8.3B	+11.6%	63.5%	28.2%	21.6%	24.1%	14.6%	0.74
IVZ Invesco	FY2025	$6.4B	+5.1%	-	−10.9%	−11.4%	22.6%	−5.9%	0.15
IBKR Interactive Brokers	FY2025	$6.2B	+23.4%	-	-	15.9%	-	18.3%	-
CME CME Group	FY2025	$6.5B	+6.4%	-	64.9%	62.5%	64.3%	14.2%	0.00

Revenuepeer median $7.5B

Sales growthpeer median +6.4%

Operating marginpeer median 28.2%

CME 64.9%
MCO 43.4%
TROW 29.9%
NDAQ 28.2%
RF 0.7%
IVZ −10.9%
KEY -
NTRS -
CFG -
IBKR -

Net marginpeer median 22.2%

FCF marginpeer median 26.0%

Return on equitypeer median 13.4%

Debt / equitypeer median 0.34

MCO 1.73
NDAQ 0.74
KEY 0.49
CFG 0.43
RF 0.26
IVZ 0.15
CME 0.00
NTRS -
TROW -
IBKR -

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	$3.6B	$4.2B	$4.4B	$4.8B	$5.4B	$6.2B	$5.5B	$5.9B	$7.1B	$7.7B
KEY Dec	$5.0B	$6.3B	$6.5B	$6.4B	$6.7B	$7.3B	$7.3B	$6.4B	$4.6B	$7.5B
NTRS Dec	$5.0B	$5.4B	$6.0B	$6.1B	$6.1B	$6.5B	$6.8B	$6.8B	$8.3B	$8.1B
TROW Dec	$4.3B	$4.9B	$5.4B	$5.6B	$6.2B	$7.7B	$6.5B	$6.5B	$7.1B	$7.3B
RF Dec	$5.4B	$5.5B	$5.8B	$5.9B	$6.3B	$6.4B	$7.2B	$7.6B	$7.1B	$7.5B
CFG Dec	$5.3B	$5.7B	$6.1B	$6.5B	$6.9B	$6.6B	$8.0B	$8.2B	$7.8B	$8.2B
NDAQ Dec	$3.7B	$3.9B	$4.3B	$4.3B	$5.6B	$5.9B	$6.2B	$6.1B	$7.4B	$8.3B
IVZ Dec	$4.7B	$5.2B	$5.3B	$6.1B	$6.1B	$6.9B	$6.0B	$5.7B	$6.1B	$6.4B
IBKR Dec	$2.6B	$2.2B	-	-	-	$2.7B	$3.1B	$4.3B	$5.2B	$6.2B
CME Dec	$3.6B	$3.6B	$4.3B	$4.9B	$4.9B	$4.7B	$5.0B	$5.6B	$6.1B	$6.5B
Peer median	$4.7B	$5.2B	$5.6B	$6.0B	$6.2B	$6.5B	$6.5B	$6.4B	$7.1B	$7.5B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	+3.4%	+16.6%	+5.7%	+8.7%	+11.2%	+15.8%	−12.1%	+8.2%	+19.8%	+8.9%
KEY Dec	+18.0%	+25.6%	+2.3%	−0.9%	+4.9%	+8.6%	−0.3%	−10.0%	+14.5%	+6.5%
NTRS Dec	+5.5%	+8.3%	+9.3%	+2.6%	+3.7%	+9.2%	+1.6%	−1.6%	+8.4%	+6.1%
TROW Dec	+2.0%	+13.3%	+10.7%	+4.6%	+10.5%	+23.6%	−15.4%	−0.4%	+9.8%	+3.1%
RF Dec	+0.6%	+3.4%	+18.3%	+11.3%	+6.3%	+23.8%	+12.1%	+5.0%	−6.5%	+6.3%
CFG Dec	+8.9%	+8.6%	+7.4%	+5.9%	−7.8%	+22.7%	−2.0%	−2.5%	+21.1%	+6.7%
NDAQ Dec	+8.9%	+6.6%	+8.3%	−0.4%	+32.1%	+4.6%	+5.8%	−2.6%	+22.0%	+11.6%
IVZ Dec	−7.6%	+9.0%	+3.0%	+15.1%	+0.5%	+12.2%	−12.3%	−5.5%	+6.1%	+5.1%
IBKR Dec	−8.4%	+51.9%	-	-	-	+21.8%	−4.0%	+3.4%	+27.0%	+23.4%
CME Dec	+8.1%	+1.4%	+18.2%	+13.0%	+0.3%	−4.0%	+7.0%	+11.1%	+9.9%	+6.4%
Peer median	+5.5%	+8.6%	+8.8%	+5.2%	+4.3%	+12.2%	−0.3%	−1.6%	+9.9%	+6.4%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	-	-	-	-	-	-	-	-	-	-
KEY Dec	-	-	-	-	-	-	-	-	-	-
NTRS Dec	-	-	-	-	-	-	-	-	-	-
TROW Dec	-	-	-	-	-	-	-	-	-	-
RF Dec	-	-	-	-	-	-	-	-	-	-
CFG Dec	-	-	-	-	-	-	-	-	-	-
NDAQ Dec	61.4%	61.1%	59.1%	59.5%	51.6%	58.1%	57.5%	64.2%	62.8%	63.5%
IVZ Dec	-	-	-	-	-	-	-	-	-	-
IBKR Dec	-	-	-	-	-	-	-	-	-	-
CME Dec	-	-	-	-	-	-	-	-	-	-
Peer median	-	-	-	-	-	-	-	-	-	-

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	18.1%	43.3%	42.0%	41.4%	44.5%	45.7%	34.4%	36.1%	40.6%	43.4%
KEY Dec	-	-	-	-	-	-	-	-	-	-
NTRS Dec	-	-	-	-	-	-	-	-	-	-
TROW Dec	40.5%	43.4%	44.0%	42.5%	44.2%	48.4%	36.6%	30.7%	32.9%	29.9%
RF Dec	-	-	-	-	-	0.7%	0.8%	2.8%	1.3%	0.7%
CFG Dec	-	-	-	-	-	-	-	-	-	-
NDAQ Dec	22.6%	25.1%	24.0%	23.9%	21.9%	24.5%	25.1%	26.0%	24.3%	28.2%
IVZ Dec	24.3%	24.8%	22.7%	13.2%	15.0%	25.9%	21.8%	−7.6%	13.7%	−10.9%
IBKR Dec	-	-	-	-	-	-	-	-	-	-
CME Dec	61.2%	63.4%	60.5%	53.2%	54.0%	56.4%	60.1%	61.6%	64.1%	64.9%
Peer median	32.4%	34.3%	34.0%	33.2%	33.1%	25.9%	25.1%	26.0%	24.3%	28.2%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	7.4%	23.8%	29.5%	29.4%	33.1%	35.6%	25.1%	27.2%	29.0%	31.9%
KEY Dec	15.7%	20.5%	28.9%	26.8%	20.0%	36.0%	26.4%	15.1%	−3.5%	24.3%
NTRS Dec	20.8%	22.3%	26.1%	24.6%	19.8%	23.9%	19.8%	16.3%	24.5%	21.5%
TROW Dec	28.4%	30.9%	34.2%	37.9%	38.2%	40.2%	24.0%	27.7%	29.6%	28.5%
RF Dec	21.5%	23.0%	30.6%	27.0%	17.4%	39.2%	31.1%	27.4%	26.7%	28.6%
CFG Dec	19.9%	28.9%	28.1%	27.6%	15.3%	34.9%	25.8%	19.6%	19.3%	22.2%
NDAQ Dec	2.9%	18.5%	10.7%	18.2%	16.6%	20.2%	18.1%	17.5%	15.1%	21.6%
IVZ Dec	18.0%	21.8%	16.6%	9.2%	8.5%	20.2%	11.3%	−5.8%	8.9%	−11.4%
IBKR Dec	6.2%	8.8%	-	-	-	11.3%	12.4%	13.8%	14.6%	15.9%
CME Dec	42.7%	111.5%	45.5%	43.5%	43.1%	56.2%	53.6%	57.8%	57.5%	62.5%
Peer median	19.9%	22.3%	28.5%	26.9%	18.6%	34.9%	24.0%	17.5%	19.3%	22.2%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	$1.1B	$664.0M	$1.4B	$1.6B	$2.0B	$1.9B	$1.2B	$1.9B	$2.5B	$2.6B
KEY Dec	$1.5B	$1.7B	$2.4B	$2.8B	$1.6B	$1.1B	$4.4B	$2.8B	$599.0M	$2.1B
NTRS Dec	$1.4B	$1.6B	$1.7B	$2.4B	$1.8B	$1.3B	$2.3B	$2.5B	−$587.5M	$5.5B
TROW Dec	$22.2M	$43.4M	$1.5B	$1.3B	$1.7B	$3.2B	$2.1B	$911.2M	$1.3B	$1.5B
RF Dec	-	-	-	-	-	-	-	-	-	-
CFG Dec	$1.4B	$1.6B	$1.5B	$1.6B	-	-	-	-	-	-
NDAQ Dec	$642.0M	$765.0M	$917.0M	$836.0M	$1.1B	$920.0M	$1.6B	$1.5B	$1.7B	$2.0B
IVZ Dec	$506.3M	$1.0B	$726.3M	$992.3M	$1.1B	$969.3M	$510.3M	$1.1B	$1.1B	$1.4B
IBKR Dec	-	-	-	-	-	-	-	-	-	-
CME Dec	$1.6B	$1.7B	$2.3B	$2.4B	$2.5B	$2.3B	$3.0B	$3.4B	$3.6B	$4.2B
Peer median	$1.4B	$1.6B	$1.5B	$1.6B	$1.7B	$1.2B	$2.2B	$2.0B	$1.2B	$2.0B

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	31.7%	15.8%	30.8%	33.3%	38.0%	30.0%	21.8%	31.8%	35.6%	33.4%
KEY Dec	30.7%	27.0%	37.3%	44.1%	24.0%	14.9%	60.1%	43.1%	13.0%	28.0%
NTRS Dec	28.2%	30.3%	28.0%	40.1%	28.9%	19.5%	33.5%	37.0%	−7.1%	67.5%
TROW Dec	0.5%	0.9%	27.0%	23.5%	27.5%	41.9%	32.7%	14.1%	17.8%	20.2%
RF Dec	-	-	-	-	-	-	-	-	-	-
CFG Dec	25.7%	28.6%	25.0%	24.2%	-	-	-	-	-	-
NDAQ Dec	17.3%	19.4%	21.4%	19.6%	18.9%	15.6%	25.0%	25.4%	23.4%	24.1%
IVZ Dec	10.7%	20.3%	13.7%	16.2%	18.1%	14.1%	8.4%	19.9%	18.5%	22.6%
IBKR Dec	-	-	-	-	-	-	-	-	-	-
CME Dec	45.6%	45.8%	53.9%	49.9%	51.6%	48.5%	59.1%	60.5%	58.7%	64.3%
Peer median	25.7%	27.0%	27.0%	24.2%	25.7%	17.6%	33.1%	31.2%	18.1%	26.0%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	n/m	n/m	n/m	n/m	113.3%	81.2%	54.5%	48.4%	57.7%	60.7%
KEY Dec	5.2%	8.6%	12.0%	10.1%	7.5%	15.1%	14.2%	6.6%	−0.9%	9.0%
NTRS Dec	10.6%	11.7%	14.8%	13.5%	10.3%	12.9%	11.9%	9.3%	15.9%	13.4%
TROW Dec	24.3%	25.7%	30.0%	30.0%	30.8%	34.2%	17.6%	18.8%	20.3%	19.2%
RF Dec	7.0%	7.8%	11.7%	9.7%	6.0%	13.8%	14.1%	11.9%	10.6%	11.3%
CFG Dec	5.3%	8.1%	8.3%	8.1%	4.7%	9.9%	8.8%	6.6%	6.2%	7.0%
NDAQ Dec	2.0%	12.4%	8.4%	13.7%	14.5%	18.6%	18.3%	9.8%	10.0%	14.6%
IVZ Dec	11.4%	13.0%	10.3%	4.1%	3.7%	9.0%	4.5%	−2.3%	3.7%	−5.9%
IBKR Dec	11.1%	10.0%	-	-	-	12.9%	13.3%	16.7%	17.6%	18.3%
CME Dec	7.5%	18.1%	7.6%	8.1%	8.0%	9.6%	10.0%	12.1%	13.3%	14.2%
Peer median	7.5%	11.7%	11.0%	9.9%	7.7%	12.9%	13.3%	9.8%	10.6%	13.4%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	n/m	n/m	12.37	9.12	4.09	2.72	2.93	2.11	2.08	1.73
KEY Dec	0.81	0.95	0.88	0.73	0.76	0.69	1.44	1.34	0.67	0.49
NTRS Dec	-	-	-	-	-	-	-	-	-	-
TROW Dec	-	-	-	-	-	-	-	-	-	-
RF Dec	0.47	0.53	0.93	0.61	0.20	0.13	0.14	0.13	0.36	0.26
CFG Dec	0.87	0.71	0.83	0.65	0.38	0.30	0.67	0.57	0.51	0.43
NDAQ Dec	0.66	0.72	0.70	0.60	0.86	0.91	0.88	0.97	0.85	0.74
IVZ Dec	0.28	0.24	0.28	0.15	0.15	0.13	0.10	0.10	0.06	0.15
IBKR Dec	0.01	-	-	-	-	-	-	-	-	-
CME Dec	-	0.00	0.02	0.00	0.00	0.03	0.00	0.00	0.03	0.00
Peer median	0.56	0.62	0.77	0.60	0.29	0.22	0.41	0.35	0.44	0.34

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
MCO Dec	$1.36	$5.15	$6.74	$7.42	$9.39	$11.78	$7.44	$8.73	$11.26	$13.67
KEY Dec	$0.80	$1.13	$1.71	$1.62	$1.27	$2.63	$1.93	$0.88	−$0.32	$1.52
NTRS Dec	$4.32	$4.92	$6.64	$6.63	$5.46	$7.14	$6.14	$5.08	$9.77	$8.74
TROW Dec	$4.75	$5.97	$7.27	$8.70	$9.98	$13.12	$6.70	$7.76	$9.15	$9.24
RF Dec	$0.87	$1.00	$1.54	$1.50	$1.03	$2.49	$2.28	$2.11	$1.93	$2.30
CFG Dec	$1.97	$3.25	$3.52	$3.81	$2.22	$5.16	$4.10	$3.13	$3.03	$3.86
NDAQ Dec	$0.21	$1.43	$0.91	$1.54	$1.86	$2.35	$2.26	$2.08	$1.93	$3.09
IVZ Dec	$2.06	$2.75	$2.14	$1.28	$1.13	$2.99	$1.49	−$0.73	$1.18	−$1.60
IBKR Dec	$0.53	$0.60	-	-	-	$0.81	$0.94	$1.42	$1.73	$2.22
CME Dec	$4.53	$11.94	$5.71	$5.91	$5.87	$7.29	$7.40	$8.86	$9.67	$11.16
Peer median	$1.97	$2.75	$2.83	$2.71	$2.04	$2.99	$2.28	$2.11	$1.93	$3.09

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out MCO and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

Next Industry numbers →

Work on MCO in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/MCO/export.csv") into a cell.