Moodys (MCO) Free Cash Flow (2009 - 2026)
Moodys (MCO) posted quarterly Free Cash Flow of $688.0 million for Q2 2026, up 47.01% year-over-year from $468.0 million in Q2 2025, and down 18.48% quarter-over-quarter from $844.0 million in Q1 2026.
Moodys (MCO) Free Cash Flow (2009 - 2026) Analysis & Trends
Moodys (MCO) has reported Free Cash Flow for 18 consecutive years, with $688.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow rose 47.01% year-over-year to $688.0 million; the TTM figure through Jun 2026 stood at $3.0 billion (up 25.14% YoY), while the FY2025 annual figure was $2.6 billion, up 2.14% from the prior year.
- Free Cash Flow slipped to $688.0 million in Q2 2026 per MCO's latest filing, from $844.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $844.0 million in Q1 2026 and bottomed at $217.0 million in Q2 2022.
- Historically, Free Cash Flow has averaged $538.8 million across 5 years, with a median of $571.5 million in 2023.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 61.52% — and 2023, when it surged 153.46%.
- Moodys' Free Cash Flow stood at $298.0 million in 2022, then surged by 35.57% to $404.0 million in 2023, then soared by 48.51% to $600.0 million in 2024, then gained by 29.5% to $777.0 million in 2025, then retreated by 11.45% to $688.0 million in 2026.
- Business Quant data shows MCO's Free Cash Flow at $688.0 million in Q2 2026, $844.0 million in Q1 2026, and $777.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 1.40 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 923.50 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 1.88 Bn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 688.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 634.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | 197.31 Mn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 337.40 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | -536.30 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 305.70 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | 254.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 688.00 Mn |
| Jun 30, 2026 | 688.00 Mn |
| Mar 31, 2026 | 844.00 Mn |
| Mar 31, 2026 | 844.00 Mn |
| Dec 31, 2025 | 777.00 Mn |
| Dec 31, 2025 | 777.00 Mn |
| Sep 30, 2025 | 658.00 Mn |
| Sep 30, 2025 | 658.00 Mn |
| Jun 30, 2025 | 468.00 Mn |
| Jun 30, 2025 | 468.00 Mn |
| Mar 31, 2025 | 672.00 Mn |
| Mar 31, 2025 | 672.00 Mn |
| Dec 31, 2024 | 600.00 Mn |
| Dec 31, 2024 | 600.00 Mn |
| Sep 30, 2024 | 631.00 Mn |
| Sep 30, 2024 | 631.00 Mn |
| Jun 30, 2024 | 593.00 Mn |
| Jun 30, 2024 | 593.00 Mn |
| Mar 31, 2024 | 697.00 Mn |
| Mar 31, 2024 | 697.00 Mn |