Moodys (MCO) Gross Margin (2009 - 2026)
Moodys' (MCO) quarterly Gross Margin came in at 76.29% in 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.
Analysis
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.
- On a quarterly basis, Gross Margin rose 206.0% year-over-year to 76.29% in Q2 2026; TTM through Jun 2026 was 74.98%, a 220.0% increase from a year earlier, with the FY2025 full-year figure at 74.44%, up 188.0% from the prior year.
- Gross Margin was 76.29% for Q2 2026 at Moodys, up from 74.46% in the prior quarter.
- Over five years, Gross Margin peaked at 76.29% in Q2 2026 and troughed at 68.22% in Q4 2022.
- A 5-year average of 72.55% and a median of 72.31% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 500 bps in 2022 and surged 373 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 68.22% in 2022, then climbed by 5 bps to 71.55% in 2023, then fell by 2 bps to 70.28% in 2024, then gained by 5 bps to 73.48% in 2025, then advanced by 4 bps to 76.29% in 2026.
- The last three Gross Margin figures came in at 76.29% (Q2 2026), 74.46% (Q1 2026), and 73.48% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 121.34 Bn | 117.20 Bn | 2.98 Bn | 71.90% |
| 2 | Moodys | 81.34 Bn | 79.84 Bn | 1.67 Bn | 76.29% |
| 3 | Msci | 39.85 Bn | 39.49 Bn | 717.10 Mn | 82.71% |
| 4 | Verisk Analytics | 22.97 Bn | 22.42 Bn | 572.90 Mn | 71.05% |
| 5 | Factset Research Systems | 9.48 Bn | 9.17 Bn | 310.73 Mn | 49.88% |
| 6 | Morningstar | 7.30 Bn | 6.77 Bn | 423.90 Mn | 63.92% |
Historic Data
Download Data
Historic 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% |