Moodys (MCO) EV to EBITDA (2009 - 2026)
Moodys' (MCO) EV to EBITDA came in at 18.56 for Q3 2026, down 19.2% from 22.96 a year earlier and down 0.1% from the prior quarter.
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Moodys (MCO) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to EBITDA at Moodys was 17.24, down 17.5% year-over-year; for FY2025, it came in at 23.04, down 7.5% from FY2024.
- In prior years, Moodys' EV to EBITDA was 24.92 in FY2024 (-9.7%), 27.59 in FY2023 (+23.8%), 22.29 in FY2022 (-2.1%) and 22.77 in FY2021 (+14.7%).
- The Q3 2026 figure stands as the lowest quarterly EV to EBITDA since Q3 2022.
- On a year-over-year basis, EV to EBITDA has declined in each of the last five quarters, with an average decline of 11.8% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q2 2023, with growth of 55.2%; the weakest was Q2 2026, with a decline of 27.8%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 18.58 (Q2 2026), 19.11 (Q1 2026) and 23.04 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.56 |
| Jun 30, 2026 | 18.58 |
| Mar 31, 2026 | 19.11 |
| Dec 31, 2025 | 23.04 |
| Sep 30, 2025 | 22.96 |
| Jun 30, 2025 | 25.71 |
| Mar 31, 2025 | 24.30 |
| Dec 31, 2024 | 24.92 |
| Sep 30, 2024 | 25.70 |
| Jun 30, 2024 | 24.61 |
| Mar 31, 2024 | 25.06 |
| Dec 31, 2023 | 27.59 |
| Sep 30, 2023 | 24.22 |
| Jun 30, 2023 | 28.33 |
| Mar 31, 2023 | 25.51 |
| Dec 31, 2022 | 22.29 |
| Sep 30, 2022 | 17.83 |
| Jun 30, 2022 | 18.25 |
| Mar 31, 2022 | 20.73 |
| Dec 31, 2021 | 22.77 |
API Access
Moodys EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=MCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "MCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=MCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();