Moodys (MCO) Net Margin (2009 - 2026)
Moodys' (MCO) quarterly Net Margin came in at 40.23% in Q2 2026, up 972.0% year-over-year from 3.75% in Q2 2025, and up 26.53% quarter-over-quarter from 31.79% in Q1 2026.
Analysis
Moodys (MCO) Net Margin (2009 - 2026) Analysis & Trends
Moodys (MCO) has reported Net Margin for 18 consecutive years, with 40.23% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 972.0% year-over-year to 40.23% in Q2 2026; TTM through Jun 2026 was 34.29%, a 510.0% increase from a year earlier, with the FY2025 full-year figure at 31.9%, up 285.0% from the prior year.
- Net Margin was 40.23% for Q2 2026 at Moodys, up from 31.79% in the prior quarter.
- Over five years, Net Margin peaked at 40.23% in Q2 2026 and troughed at 19.07% in Q4 2022.
- A 5-year average of 29.08% and a median of 30.47% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 1348 bps in 2022 and soared 972 bps in 2026, its largest moves.
- Over 5 years, Net Margin stood at 19.07% in 2022, then increased by 20 bps to 22.97% in 2023, then rose by 3 bps to 23.62% in 2024, then jumped by 37 bps to 32.35% in 2025, then gained by 24 bps to 40.23% in 2026.
- The last three Net Margin figures came in at 40.23% (Q2 2026), 31.79% (Q1 2026), and 32.35% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 124.03 Bn | 119.89 Bn | 2.98 Bn | 31.91% |
| 2 | Moodys | 82.83 Bn | 81.34 Bn | 1.67 Bn | 40.23% |
| 3 | Msci | 40.50 Bn | 40.15 Bn | 717.10 Mn | 39.45% |
| 4 | Verisk Analytics | 23.26 Bn | 22.71 Bn | 572.90 Mn | 28.35% |
| 5 | Factset Research Systems | 10.11 Bn | 9.81 Bn | 310.73 Mn | 20.34% |
| 6 | Morningstar | 7.50 Bn | 6.97 Bn | 423.90 Mn | 16.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.23% |
| 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% |