Moody's Corporation (MCO) Financial Statements
Moody's financial statements at a glance
Moody's reported revenue of $7.72 billion for fiscal year 2025 (ended December 31, 2025), up 8.9% from fiscal year 2024. Net income was $2.46 billion, a net margin of 31.9%.
At the end of fiscal year 2025 it had total assets of $15.83 billion, total liabilities of $11.78 billion and shareholders' equity of $4.05 billion, with total debt of $6.99 billion.
Its operations brought in $2.90 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Moody's Corporation
Income Statement
Annual • USD
Moody's key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $7.7B | $7.1B | $5.9B | $5.5B | $6.2B |
| Gross profit | $5.7B | $5.1B | $4.2B | $3.9B | $4.6B |
| Operating income | $3.3B | $2.9B | $2.1B | $2.0B | $2.8B |
| Net income | $2.5B | $2.1B | $1.6B | $1.4B | $2.2B |
| Diluted EPS | – | – | – | – | $11.78 |
| Total assets | $15.8B | $15.5B | $14.6B | $14.3B | $14.7B |
| Total liabilities | $11.8B | $11.9B | $11.3B | $11.8B | $11.8B |
| Shareholders' equity | $4.1B | $3.6B | $3.3B | $2.5B | $2.7B |
| Cash | – | – | – | – | $1.8B |
| Total debt | $7.0B | $7.4B | $7.0B | $7.4B | $8.0B |
| Operating cash flow | $2.9B | $2.8B | $2.2B | $1.5B | $2.0B |
| Capital spending | – | – | – | – | $139.0M |
| Free cash flow | – | – | – | – | $1.9B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Moody's's revenue in fiscal year 2025?
$7.72 billion, up 8.9% from $7.09 billion in fiscal year 2024.
How much profit does Moody's make?
Moody's reported net income of $2.46 billion for fiscal year 2025 (31.9% of revenue); operating income was $3.30 billion.
How much cash and debt does Moody's have?
At the end of fiscal year 2025: total debt of $6.99 billion.
