Moodys (MCO) Net Margin (2009 - 2026)
Moodys (MCO) reported Net Margin of 31.79% for Q1 2026, down 69.0% year-over-year from 102.56% in Q1 2025, and down 1.7% quarter-over-quarter from 32.35% in Q4 2025.
Moodys (MCO) Net Margin (2009 - 2026) Analysis & Trends
Moodys (MCO) has 18 years of Net Margin data on file, last reported at 31.79% in Q1 2026.
- Net Margin for Q1 2026 came in at 31.79%, down 69.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.73% (up 257.0% YoY), and the FY2025 annual result was 31.9%, up 285.0% from the prior year.
- Net Margin declined to 31.79% in Q1 2026 per MCO's latest filing, from 32.35% in the prior quarter.
- Over five years, Net Margin peaked at 34.08% in Q1 2023 and troughed at 19.07% in Q4 2022.
- A 5-year average of 28.42% and a median of 30.43% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin plunged 1348 bps in 2022, then jumped 872 bps in 2025.
- A 5-year view of Net Margin shows it stood at 19.07% in 2022, then rose by 20 bps to 22.97% in 2023, then gained by 3 bps to 23.62% in 2024, then surged by 37 bps to 32.35% in 2025, then decreased by 2 bps to 31.79% in 2026.
- Business Quant data shows MCO's Net Margin at 31.79% in Q1 2026, 32.35% in Q4 2025, and 32.24% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 36.06% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 62.12% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 31.79% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 48.10% |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 24.29% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -27.89% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 47.72% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 30.18% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 32.15% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 21.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.79% |
| Dec 31, 2025 | 32.35% |
| Sep 30, 2025 | 32.24% |
| Jun 30, 2025 | 30.51% |
| Mar 31, 2025 | 32.48% |
| Dec 31, 2024 | 23.62% |
| Sep 30, 2024 | 29.45% |
| Jun 30, 2024 | 30.43% |
| Mar 31, 2024 | 32.31% |
| Dec 31, 2023 | 22.97% |
| Sep 30, 2023 | 26.49% |
| Jun 30, 2023 | 25.23% |
| Mar 31, 2023 | 34.08% |
| Dec 31, 2022 | 19.07% |
| Sep 30, 2022 | 23.76% |
| Jun 30, 2022 | 23.68% |
| Mar 31, 2022 | 32.72% |
| Dec 31, 2021 | 27.75% |
| Sep 30, 2021 | 31.06% |
| Jun 30, 2021 | 37.15% |