Moodys MCO
NYSE MCO
$471.83 -2.74 (-0.58%)
As of: Sep 10, 2026 · 12:53 PM EDT

Moodys (MCO) Operating Margin (2009 - 2026)

Moodys' (MCO) quarterly Operating Margin came in at 47.87% in Q2 2026, up 477.0% year-over-year from 8.3% in Q2 2025, and up 7.95% quarter-over-quarter from 44.35% in Q1 2026.

Analysis

Moodys (MCO) Operating Margin (2009 - 2026) Analysis & Trends

Moodys (MCO) has reported Operating Margin for 18 consecutive years, with 47.87% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Margin rose 477.0% year-over-year to 47.87% in Q2 2026; TTM through Jun 2026 was 44.79%, a 424.0% increase from a year earlier, with the FY2025 full-year figure at 43.42%, up 286.0% from the prior year.
  • Operating Margin was 47.87% for Q2 2026 at Moodys, up from 44.35% in the prior quarter.
  • Over five years, Operating Margin peaked at 47.87% in Q2 2026 and troughed at 23.72% in Q4 2022.
  • A 5-year average of 39.33% and a median of 40.73% in 2025 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin slumped 1479 bps in 2022 and surged 993 bps in 2023, its largest moves.
  • Over 5 years, Operating Margin stood at 23.72% in 2022, then surged by 42 bps to 33.65% in 2023, then slipped by 0 bps to 33.55% in 2024, then rose by 21 bps to 40.76% in 2025, then gained by 17 bps to 47.87% in 2026.
  • The last three Operating Margin figures came in at 47.87% (Q2 2026), 44.35% (Q1 2026), and 40.76% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 S&P Global 123.21 Bn 119.07 Bn 2.98 Bn 43.70%
2 Moodys 82.09 Bn 80.60 Bn 1.67 Bn 47.87%
3 Msci 40.11 Bn 39.75 Bn 717.10 Mn 56.23%
4 Verisk Analytics 23.13 Bn 22.58 Bn 572.90 Mn 45.11%
5 Factset Research Systems 10.17 Bn 9.86 Bn 310.73 Mn 26.70%
6 Morningstar 7.41 Bn 6.89 Bn 423.90 Mn 24.22%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 47.87%
Mar 31, 2026 44.35%
Dec 31, 2025 40.76%
Sep 30, 2025 45.69%
Jun 30, 2025 43.10%
Mar 31, 2025 43.97%
Dec 31, 2024 33.55%
Sep 30, 2024 40.71%
Jun 30, 2024 42.65%
Mar 31, 2024 44.85%
Dec 31, 2023 33.65%
Sep 30, 2023 36.35%
Jun 30, 2023 36.81%
Mar 31, 2023 37.69%
Dec 31, 2022 23.72%
Sep 30, 2022 32.39%
Jun 30, 2022 36.78%
Mar 31, 2022 43.10%
Dec 31, 2021 33.40%
Sep 30, 2021 44.30%