Moodys (MCO) Gross Margin (2009 - 2026)
Moodys (MCO) posted quarterly Gross Margin of 76.29% for Q2 2026, up 206.0% year-over-year from 24.93% in Q2 2025, and up 2.46% quarter-over-quarter from 74.46% in Q1 2026.
Moodys (MCO) Gross Margin (2009 - 2026) Analysis & Trends
Moodys (MCO) has reported Gross Margin for 18 consecutive years, with 76.29% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 206.0% year-over-year to 76.29%; the TTM figure through Jun 2026 stood at 74.98% (up 220.0% YoY), while the FY2025 annual figure was 74.44%, up 188.0% from the prior year.
- Gross Margin improved to 76.29% in Q2 2026 per MCO's latest filing, from 74.46% in the prior quarter.
- Across five years, Gross Margin topped out at 76.29% in Q2 2026 and bottomed at 68.22% in Q4 2022.
- Historically, Gross Margin has averaged 72.55% across 5 years, with a median of 72.31% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin sank 500 bps — and 2025, when it soared 373 bps.
- Moodys' Gross Margin stood at 68.22% in 2022, then increased by 5 bps to 71.55% in 2023, then decreased by 2 bps to 70.28% in 2024, then climbed by 5 bps to 73.48% in 2025, then grew by 4 bps to 76.29% in 2026.
- Business Quant data shows MCO's Gross Margin at 76.29% in Q2 2026, 74.46% in Q1 2026, and 73.48% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 71.90% |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 96.49% |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | - |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 76.29% |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 59.24% |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | 95.11% |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 82.71% |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 50.71% |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 58.41% |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 49.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 76.29% |
| Mar 31, 2026 | 74.46% |
| Dec 31, 2025 | 73.48% |
| Sep 30, 2025 | 75.49% |
| Jun 30, 2025 | 74.24% |
| Mar 31, 2025 | 74.48% |
| Dec 31, 2024 | 70.28% |
| Sep 30, 2024 | 71.76% |
| Jun 30, 2024 | 74.19% |
| Mar 31, 2024 | 73.85% |
| Dec 31, 2023 | 71.55% |
| Sep 30, 2023 | 72.01% |
| Jun 30, 2023 | 71.49% |
| Mar 31, 2023 | 70.88% |
| Dec 31, 2022 | 68.22% |
| Sep 30, 2022 | 69.18% |
| Jun 30, 2022 | 71.54% |
| Mar 31, 2022 | 72.60% |
| Dec 31, 2021 | 68.49% |
| Sep 30, 2021 | 74.18% |