Moodys (MCO) FCF Margin (2009 - 2026)
Moodys (MCO) reported FCF Margin of 40.6% for Q1 2026, up 567.0% year-over-year from 6.09% in Q1 2025, and down 1.3% on a QoQ basis from 41.13% in Q4 2025.
Moodys (MCO) has 18 years of FCF Margin data on file, last reported at 40.6% in Q1 2026.
- Quarterly FCF Margin rose 567.0% year-over-year to 40.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 34.89% (up 35.0% YoY) and the FY2025 annual result came in at 33.36%, down 220.0% from the prior year.
- FCF Margin fell to 40.6% in Q1 2026 per MCO's latest filing, from 41.13% in the prior quarter.
- Across five years, FCF Margin topped out at 41.13% in Q4 2025 and bottomed at 15.71% in Q2 2022.
- The 5-year median for FCF Margin is 32.79% (2025), against an average of 31.18%.
- The widest annual swing landed in 2022, when FCF Margin tumbled 2060 bps; it then surged 2110 bps in 2023.
- Tracing MCO's FCF Margin over 5 years: stood at 23.1% in 2022, then rose by 18 bps to 27.3% in 2023, then jumped by 31 bps to 35.89% in 2024, then climbed by 15 bps to 41.13% in 2025, then slipped by 1 bps to 40.6% in 2026.
- Per Business Quant, the three latest MCO FCF Margin figures stand at 40.6% (Q1 2026), 41.13% (Q4 2025), and 32.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 24.21% |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 65.85% |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 42.39% |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 40.60% |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 29.43% |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 12.93% |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 33.00% |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 152.48% |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 1.53% |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 30.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.60% |
| Dec 31, 2025 | 41.13% |
| Sep 30, 2025 | 32.79% |
| Jun 30, 2025 | 24.66% |
| Mar 31, 2025 | 34.93% |
| Dec 31, 2024 | 35.89% |
| Sep 30, 2024 | 34.80% |
| Jun 30, 2024 | 32.64% |
| Mar 31, 2024 | 39.03% |
| Dec 31, 2023 | 27.30% |
| Sep 30, 2023 | 26.56% |
| Jun 30, 2023 | 36.81% |
| Mar 31, 2023 | 36.39% |
| Dec 31, 2022 | 23.10% |
| Sep 30, 2022 | 20.78% |
| Jun 30, 2022 | 15.71% |
| Mar 31, 2022 | 27.00% |
| Dec 31, 2021 | 15.40% |
| Sep 30, 2021 | 26.41% |
| Jun 30, 2021 | 36.32% |
| Mar 31, 2021 | 41.38% |
| Dec 31, 2020 | 49.46% |
| Sep 30, 2020 | 36.14% |
| Jun 30, 2020 | 41.18% |
| Mar 31, 2020 | 25.12% |
| Dec 31, 2019 | 38.20% |
| Sep 30, 2019 | 33.79% |
| Jun 30, 2019 | 30.40% |
| Mar 31, 2019 | 30.39% |
| Dec 31, 2018 | 32.86% |
| Sep 30, 2018 | 26.11% |
| Jun 30, 2018 | 30.89% |
| Mar 31, 2018 | 33.41% |
| Dec 31, 2017 | 32.91% |
| Sep 30, 2017 | 34.23% |
| Jun 30, 2017 | 44.75% |
| Mar 31, 2017 | -54.46% |
| Dec 31, 2016 | 36.07% |
| Sep 30, 2016 | 34.03% |
| Jun 30, 2016 | 28.51% |
| Mar 31, 2016 | 27.85% |
| Dec 31, 2015 | 32.51% |
| Sep 30, 2015 | 32.81% |
| Jun 30, 2015 | 33.86% |
| Mar 31, 2015 | 28.05% |
| Dec 31, 2014 | 33.16% |
| Sep 30, 2014 | 28.65% |
| Jun 30, 2014 | 29.89% |
| Mar 31, 2014 | 20.61% |
| Dec 31, 2013 | 33.62% |
| Sep 30, 2013 | 38.48% |
| Jun 30, 2013 | 20.77% |
| Mar 31, 2013 | 26.51% |
| Dec 31, 2012 | 42.07% |
| Sep 30, 2012 | 35.90% |
| Jun 30, 2012 | 26.05% |
| Mar 31, 2012 | 7.22% |
| Dec 31, 2011 | 21.67% |
| Sep 30, 2011 | 38.10% |
| Jun 30, 2011 | 37.84% |
| Mar 31, 2011 | 31.42% |
| Dec 31, 2010 | 27.33% |
| Sep 30, 2010 | 29.50% |
| Jun 30, 2010 | 25.28% |
| Mar 31, 2010 | 31.03% |
| Dec 31, 2009 | 33.10% |
| Sep 30, 2009 | 22.71% |
| Jun 30, 2009 | 23.76% |
| Mar 31, 2009 | 44.66% |