Moodys (MCO) EV to FCF (2009 - 2026)
Moodys' (MCO) EV to FCF came in at 25.81 for Q3 2026, down 25.3% from 34.57 a year earlier and down 0.7% from the prior quarter.
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Analysis
Moodys (MCO) EV to FCF (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to FCF at Moodys was 23.98, down 23.8% year-over-year; for FY2025, it was 34.28, up 4.9% from FY2024.
- In prior years, Moodys' EV to FCF was 32.68 in FY2024 (-11.3%), 36.83 in FY2023 (-11.1%), 41.44 in FY2022 (+9.5%) and 37.85 in FY2021 (+49.3%).
- The Q3 2026 figure stands as the lowest quarterly EV to FCF since Q1 2021.
- On a year-over-year basis, EV to FCF has declined in each of the last three quarters, with an average decline of 10.1% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q1 2022, with growth of 67.8%; the weakest was Q2 2026, with a decline of 29.9%.
- According to Business Quant data, EV to FCF for the three prior quarters was 25.98 (Q2 2026), 27.25 (Q1 2026) and 34.28 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Msci | 236.00 Bn | 234.48 Bn | 739.80 Mn |
| 2 | S&P Global | 137.30 Bn | 132.50 Bn | 2.64 Bn |
| 3 | Moodys | 87.63 Bn | 80.69 Bn | 1.50 Bn |
| 4 | Verisk Analytics | 26.66 Bn | 22.85 Bn | 567.00 Mn |
| 5 | Equifax | 22.03 Bn | 21.43 Bn | 940.10 Mn |
| 6 | TransUnion | 15.46 Bn | 12.30 Bn | - |
| 7 | Factset Research Systems | 11.73 Bn | 10.58 Bn | 308.40 Mn |
| 8 | Morningstar | 9.14 Bn | 7.03 Bn | 431.40 Mn |
| 9 | Mastercard | 572.29 Bn | 532.37 Bn | - |
| 10 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.81 |
| Jun 30, 2026 | 25.98 |
| Mar 31, 2026 | 27.25 |
| Dec 31, 2025 | 34.28 |
| Sep 30, 2025 | 34.57 |
| Jun 30, 2025 | 37.05 |
| Mar 31, 2025 | 32.75 |
| Dec 31, 2024 | 32.68 |
| Sep 30, 2024 | 35.67 |
| Jun 30, 2024 | 35.55 |
| Mar 31, 2024 | 33.98 |
| Dec 31, 2023 | 36.83 |
| Sep 30, 2023 | 31.53 |
| Jun 30, 2023 | 37.40 |
| Mar 31, 2023 | 41.16 |
| Dec 31, 2022 | 41.44 |
| Sep 30, 2022 | 38.02 |
| Jun 30, 2022 | 38.16 |
| Mar 31, 2022 | 37.52 |
| Dec 31, 2021 | 37.85 |
API Access
Moodys EV to FCF 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-fcf&ticker=MCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=MCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();