Moodys (MCO) EBITDA Margin (2009 - 2026)

Moodys (MCO) reported EBITDA Margin of 44.35% for Q1 2026, up 38.0% year-over-year from 32.14% in Q1 2025, and up 8.8% quarter-over-quarter from 40.76% in Q4 2025.

Moodys (MCO) EBITDA Margin (2009 - 2026) Analysis & Trends

Moodys (MCO) has 18 years of EBITDA Margin data on file, last reported at 44.35% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 44.35%, up 38.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 43.53% (up 312.0% YoY), and the FY2025 annual result was 43.42%, up 286.0% from the prior year.
  • EBITDA Margin grew to 44.35% in Q1 2026 per MCO's latest filing, from 40.76% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 45.69% in Q3 2025 and troughed at 23.72% in Q4 2022.
  • A 5-year average of 38.83% and a median of 40.71% in 2024 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin sank 1479 bps in 2022, then soared 993 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 23.72% in 2022, then soared by 42 bps to 33.65% in 2023, then dropped by 0 bps to 33.55% in 2024, then gained by 21 bps to 40.76% in 2025, then grew by 9 bps to 44.35% in 2026.
  • Business Quant data shows MCO's EBITDA Margin at 44.35% in Q1 2026, 40.76% in Q4 2025, and 45.69% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 48.74%
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 71.11%
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 44.35%
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 55.93%
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 30.74%
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn -1.52%
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 54.40%
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 40.55%
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 19.65%
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 30.27%

Historic Data

Download Data
DateValue
Mar 31, 2026 44.35%
Dec 31, 2025 40.76%
Sep 30, 2025 45.69%
Jun 30, 2025 43.10%
Mar 31, 2025 43.97%
Dec 31, 2024 33.55%
Sep 30, 2024 40.71%
Jun 30, 2024 42.65%
Mar 31, 2024 44.85%
Dec 31, 2023 33.65%
Sep 30, 2023 36.35%
Jun 30, 2023 36.81%
Mar 31, 2023 37.69%
Dec 31, 2022 23.72%
Sep 30, 2022 32.39%
Jun 30, 2022 36.78%
Mar 31, 2022 43.10%
Dec 31, 2021 33.40%
Sep 30, 2021 44.30%
Jun 30, 2021 51.58%