Moodys (MCO) Net Margin (2009 - 2026)
Moodys (MCO) posted quarterly Net Margin of 40.23% for 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.
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.
- In Q2 2026, Net Margin rose 972.0% year-over-year to 40.23%; the TTM figure through Jun 2026 stood at 34.29% (up 510.0% YoY), while the FY2025 annual figure was 31.9%, up 285.0% from the prior year.
- Net Margin climbed to 40.23% in Q2 2026 per MCO's latest filing, from 31.79% in the prior quarter.
- Across five years, Net Margin topped out at 40.23% in Q2 2026 and bottomed at 19.07% in Q4 2022.
- Historically, Net Margin has averaged 29.08% across 5 years, with a median of 30.47% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin plunged 1348 bps — and 2026, when it jumped 972 bps.
- Moodys' Net Margin stood at 19.07% in 2022, then gained by 20 bps to 22.97% in 2023, then advanced by 3 bps to 23.62% in 2024, then soared by 37 bps to 32.35% in 2025, then climbed by 24 bps to 40.23% in 2026.
- Business Quant data shows MCO's Net Margin at 40.23% in Q2 2026, 31.79% in Q1 2026, and 32.35% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.61 Bn | 123.47 Bn | 2.98 Bn | 31.91% |
| 2 | Cme | 97.52 Bn | 97.52 Bn | 1.65 Bn | 61.06% |
| 3 | Intercontinental Exchange | 89.57 Bn | 87.62 Bn | - | 27.00% |
| 4 | Moodys | 86.76 Bn | 85.26 Bn | 1.67 Bn | 40.23% |
| 5 | Nasdaq | 54.95 Bn | 54.24 Bn | 1.50 Bn | 20.02% |
| 6 | Coinbase Global | 45.29 Bn | 36.50 Bn | 1.16 Bn | -29.46% |
| 7 | Msci | 41.31 Bn | 40.96 Bn | 717.10 Mn | 39.45% |
| 8 | Cboe Global Markets | 30.95 Bn | 28.56 Bn | 731.60 Mn | 24.38% |
| 9 | TransUnion | 16.34 Bn | 15.50 Bn | 765.00 Mn | 11.20% |
| 10 | Factset Research Systems | 10.81 Bn | 10.51 Bn | 310.73 Mn | 20.34% |
Historic Data
Download 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% |