KPIs & Operating Metrics(New)
Growth Metrics

Moodys (MCO) Operating Margin (2016 - 2025)

Moodys (MCO) has disclosed Operating Margin for 17 consecutive years, with 40.76% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 721.0% to 40.76% in Q4 2025 year-over-year; TTM through Dec 2025 was 43.42%, a 286.0% increase, with the full-year FY2025 number at 43.42%, up 286.0% from a year prior.
  • Operating Margin was 40.76% for Q4 2025 at Moodys, down from 45.69% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 53.31% in Q1 2021 to a low of 23.72% in Q4 2022.
  • A 5-year average of 39.92% and a median of 40.73% in 2025 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: plummeted -1479bps in 2022, then soared 993bps in 2023.
  • Moodys' Operating Margin stood at 33.4% in 2021, then fell by -29bps to 23.72% in 2022, then skyrocketed by 42bps to 33.65% in 2023, then decreased by 0bps to 33.55% in 2024, then increased by 21bps to 40.76% in 2025.
  • Per Business Quant, the three most recent readings for MCO's Operating Margin are 40.76% (Q4 2025), 45.69% (Q3 2025), and 43.1% (Q2 2025).