Revenue segments as reported by the company.

Moody's Investors Service

Moody's Analytics

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating

Selling, general and administrative

Depreciation and amortization

Restructuring

Charges related to asset abandonment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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OpEx Y/Y

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Moody's

Moody's Corp. engages in the provision of credit ratings, research, tools and analysis to the global capital markets. It operates through the following segments: Moody's Investors Service (MIS) and Moody's Analytics (MA). The MIS segment is a credit rating agency, which publishes credit ratings on debt obligations and the entities, including various corporate and governmental obligations, structured finance securities and commercial paper programs. The MA segment develops products and services, which support financial analysis and risk management activities of institutional participants in global financial markets. The company was founded by John Moody in 1900 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Moody's reports strong 2022 performance and growth opportunities ahead

Moody's delivered strong financial performance in 2022, with revenue growth, margin expansion, and strategic investments driving long-term growth prospects.
While facing challenges in the MIS segment, Moody's remains resilient and focused on cost-saving initiatives to navigate market conditions and drive profitability.
Opportunities lie in sustained revenue growth, margin expansion, and innovation in product offerings, positioning Moody's for continued success in the financial services industry.
Overall, Moody's outlook for 2023 is positive, with expectations of revenue growth, margin improvement, and a commitment to enhancing shareholder value through capital allocation strategies.

Moody's reports solid Q1 performance amidst banking sector challenges

Moody's Q1 2023 performance highlighted strong ARR growth, operational efficiency improvements, and increased demand for insights. While facing challenges in the banking sector and currency fluctuations, the company is well-positioned to capitalize on opportunities in leveraged finance, ESG integration, and pricing strategies.

Moody's posts strong Q2 results, focuses on AI and growth

Moody's reported strong Q2 performance with revenue growth in key segments, highlighting investments in AI and sustainable finance. The company faces challenges in structured finance and margin outlook for MIS but sees opportunities in AI-driven growth and expanding margins. Moody's competitive edge lies in its comprehensive risk operating system and cloud-based solutions.

Moody's reports robust Q3 results, eyes private credit market growth

Moody's Q3 performance reflects strong revenue growth and strategic initiatives driving market leadership. While facing challenges from external factors, the company is leveraging opportunities in private credit and ESG services to fuel future growth.

Moody's reports robust 2023 performance, eyes growth in GenAI

Moody's had a strong 2023 performance with growth in revenue and adjusted diluted EPS. They are investing in GenAI and technology for future growth opportunities.
Despite challenges in commercial real estate and sales cycles, Moody's is well-positioned with diversified revenue streams. They see opportunities in banking risk assessment and structured finance growth.
Overall, Moody's is focused on accelerating investments in innovation while maintaining margin targets. They anticipate growth in investment-grade issuance and structured finance, with a strong outlook for 2024.

Moody's reports robust Q1 earnings, eyes AI solutions for growth

Moody's Q1 2024 earnings reflect strong revenue growth and a positive outlook despite external uncertainties. The company's focus on innovation, AI solutions, and transitioning to recurring revenue models positions it well for future growth.

Moody's reports robust Q2 results, eyes innovation for future growth

Moody's Q2 2024 earnings call showcased strong financial performance, particularly in revenue growth and operating margins. While facing challenges in the buying environment and potential headwinds, Moody's emphasized opportunities in innovation and strategic partnerships for future growth.

Moody's reports impressive Q3 results and eyes growth opportunities

Moody's Q3 performance reflects a strong financial position with positive outlook metrics and a focus on strategic growth drivers. The company's success in both the rating business and Moody's Analytics, along with a clear vision for future opportunities, bodes well for continued success.

Revenue

Cost of revenue

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SG&A

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Change in stock

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Net change in cash

Free cash flow

Moody's Corp. engages in the provision of credit ratings, research, tools and analysis to the global capital markets. It operates through the Moody's Investors Service (MIS) and Moody's Analytics (MA) segments. The MIS segment is a credit rating agency, which publishes credit ratings on debt obligations and the entities, including various corporate and governmental obligations, structured finance securities, and commercial paper programs. The MA segment develops products and services, which support financial analysis and risk management activities of institutional participants in global financial markets. The company was founded by John Moody in 1909 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) announced today that Vincent Forlenza will be appointed Chairman of its Board of Directors on April 18, 2023. Mr. Forlenza, former Chairman and CEO of Becton, Dickinson and Company, joined Moody's Board of Directors in 2018 and currently serves as Lead Independent Director. He will succeed Raymond W. McDaniel, Jr.

Moody's Corporation Appoints Vincent Forlenza as Chairman of the Board

While the credit ratings business was down in Q4, Moody's Analytics posted its 60th straight quarter of revenue growth. The company sees earnings and revenue gains in its 2023 outlook.

Why Moody's Stock Plunged 10.1% in February

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Warren Buffett Is Collecting a 57% Annual Yield on This High-Profile Stock -- but There's a Catch

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Warren Buffett's Berkshire Hathaway is the largest investor in these 8 stocks

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IFS vs. MCO: Which Stock Is the Better Value Option?

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NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) today announced that its corporate social investing arm, Moody's Foundation, is accepting applications for global nonprofit partners aligned with its two strategic focus areas: empowering small businesses and supporting ecosystem restoration in emerging markets. “At Moody's, we believe that promoting inclusion and resilience fuels a more prosperous future,” said Jennifer Stula Rivera, Global Head of Community Impact at Moody's.

Moody's Seeking Nonprofit Partners Aligned with Community Impact Strategy

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85% of Warren Buffett's $354 Billion Portfolio Is Invested in Just 10 Stocks

One of Buffett's largest financial investments is Moody's, the New-York based rating agency. The company has a huge moat, secular growth tailwinds, and increasing recurring revenue, providing investors with high dividend growth.

Moody's Has Growing Dividends And Buffett Owns It, But Should You?

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE:MCO) today announced that it has been included in the Bloomberg Gender-Equality Index (GEI) for the fourth year in a row. Moody's was recognized for championing gender equality in its workplace and in the global business community.

Moody's Named to Bloomberg Gender-Equality Index for Fourth Consecutive Year

Moody's Corporation (NYSE:MCO ) Q4 2022 Earnings Conference Call January 31, 2023 12:30 PM ET Company Participants Shivani Kak - Head, IR Rob Fauber - President and CEO Mark Kaye - CFO Conference Call Participants Manav Patnaik - Barclays Owen Lau - Oppenheimer Kevin McVeigh - Credit Suisse Alex Kramm - UBS Toni Kaplan - Morgan Stanley Ashish Sabadra - RBC Capital Markets Jeff Silber - BMO Capital Markets George Tong - Goldman Sachs Jeff Meuler - Robert W. Baird Andrew Steinerman - JPMorgan Faiza Alwy - Deutsche Bank Shlomo Rosenbaum - Stifel Russell Quelch - Redburn Craig Huber - Huber Research Partners Operator Good day, everyone, and welcome to the Moody's Corporation Fourth Quarter and Full Year 2022 Earnings Conference Call.

Moody's Corporation (MCO) Q4 2022 Earnings Call Transcript

Robust Moody's Analytics performance and decline in expenses support Moody's (MCO) Q4 earnings, while the challenging operating backdrop is a headwind.

Moody's (MCO) Q4 Earnings Beat, Revenues Down Y/Y, Stock Up

Moody's (MCO) delivered earnings and revenue surprises of 12.68% and 2.97%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Moody's (MCO) Surpasses Q4 Earnings and Revenue Estimates

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE: MCO) today announced results for the fourth quarter and full year 2022, and provided its outlook for full year 2023.

Moody's Corporation Reports Results for Fourth Quarter and Full Year 2022; Sets Outlook for 2023

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IFS vs. MCO: Which Stock Should Value Investors Buy Now?

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE:MCO) has been named among America's 100 Most JUST Companies for its commitment to serving its workforce, customers, communities, the environment, and stockholders. The JUST 100 list, released by JUST Capital and CNBC, evaluates how well U.S. companies are doing on issues that are important to the public, such as fair wages, customer privacy, and reduction of carbon emissions.

Moody's Named One of America's Most JUST Companies

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE: MCO) today appointed Francisco Martinez-Garcia as Chief Diversity, Equity & Inclusion Officer. Mr. Martinez-Garcia will focus on positioning Moody's as an inclusive workplace that attracts, grows, and retains diverse talent.

Moody's Names Francisco Martinez-Garcia Chief Diversity, Equity & Inclusion Officer

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE: MCO) (“Moody's”) today announced the pricing terms of its previously announced offer to purchase for cash (the “Offer”) up to an aggregate purchase price of its outstanding series of notes listed in the table below (collectively, the “Notes”), from holders thereof (the “Holders”), based on the acceptance priority levels noted in the table below, with 1 being the highest Acceptance Priority Level and 4 being the lowest Acceptance Priority Level (the “Acceptance Priority Levels”). The Offer is being made pursuant to the terms and subject to the conditions set forth in the Offer to Purchase, dated as of November 30, 2022 (as amended, the “Offer to Purchase”).

Moody's Corporation Announces Pricing Terms and Acceptance of Notes of Its Cash Tender Offer

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE: MCO) (“Moody's”) today announced the early tender results of its previously announced offer to purchase for cash (the “Offer”) up to a maximum purchase amount of its outstanding series of notes listed in the table below (collectively, the “Notes”), from holders thereof (the “Holders”), and the increase of the maximum purchase amount to a sufficient amount (as amended, the “Maximum Purchase Amount”) in order for Moody's to accept all the Notes with Acceptance Priority Level 1 set forth in the table below that have been validly tendered and not validly withdrawn at or prior to the Early Tender Date (as defined below) once the Total Consideration (as defined below) is calculated at the Price Determination Date (as defined below). The Offer is being made pursuant to the terms and subject to the conditions set forth in the Offer to Purchase, dated as of November 30, 2022 (the “Offer to Purchase”).

Moody's Corporation Announces Early Tender Results and Upsize of Its Cash Tender Offer

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE: MCO) announced today that a replay of the fireside chat with Nick Reed, Chief Product Officer of Moody's Analytics, at the BMO Growth & ESG Conference is now available through Moody's Investor Relations website, ir.moodys.com.

Replay of the BMO Growth & ESG Conference Fireside Chat Is Now Available

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE:MCO) today announced that it has agreed to acquire SCRiesgo, a leading group of local credit rating agencies serving domestic financial markets in Central America and the Dominican Republic. The acquisition significantly expands Moody's presence in Latin America and reaffirms its commitment to and support for the ongoing development of regional capital markets.

Moody's to Acquire SCRiesgo, Expanding Reach in Latin American Domestic Credit Markets

NEW YORK--( BUSINESS WIRE )--Moody's Corporation (NYSE: MCO) announced today that Nick Reed, Chief Product Officer of Moody's Analytics, will speak at the BMO Growth & ESG Conference on Wednesday, December 7, 2022. Mr. Reed's presentation will begin at approximately 9:00 a.m. Eastern Time. A replay of the presentation will be made available through Moody's Investor Relations website, ir.moodys.com.

News for Moody's Stock (MCO)