Moodys (MCO) Tax Rate (2009 - 2026)

Moodys (MCO) reported Tax Rate of 24.02% for Q1 2026, up 176.0% year-over-year from 8.7% in Q1 2025, and up 117.16% quarter-over-quarter from 11.06% in Q4 2025.

Moodys (MCO) Tax Rate (2009 - 2026) Analysis & Trends

Moodys (MCO) has 18 years of Tax Rate data on file, last reported at 24.02% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.02%, up 176.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.84% (down 157.0% YoY), and the FY2025 annual result was 21.34%, down 237.0% from the prior year.
  • Tax Rate advanced to 24.02% in Q1 2026 per MCO's latest filing, from 11.06% in the prior quarter.
  • Over five years, Tax Rate peaked at 26.19% in Q2 2022 and troughed at 0.99% in Q1 2023.
  • A 5-year average of 21.25% and a median of 23.37% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate sank 1724 bps in 2023, then surged 2228 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 24.77% in 2022, then retreated by 1 bps to 24.44% in 2023, then gained by 1 bps to 24.76% in 2024, then tumbled by 55 bps to 11.06% in 2025, then jumped by 117 bps to 24.02% in 2026.
  • Business Quant data shows MCO's Tax Rate at 24.02% in Q1 2026, 11.06% in Q4 2025, and 25.37% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 21.17
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 23.60
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 24.02
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 24.51
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 23.34
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 15.19
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn -4.32
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 25.18
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 6.45
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 17.41

Historic Data

Download Data
DateValue
Mar 31, 2026 24.02%
Mar 31, 2026 24.02%
Dec 31, 2025 11.06%
Dec 31, 2025 11.06%
Sep 30, 2025 25.37%
Sep 30, 2025 25.37%
Jun 30, 2025 25.00%
Jun 30, 2025 25.00%
Mar 31, 2025 22.26%
Mar 31, 2025 22.26%
Dec 31, 2024 24.76%
Dec 31, 2024 24.76%
Sep 30, 2024 24.04%
Sep 30, 2024 24.04%
Jun 30, 2024 23.09%
Jun 30, 2024 23.09%
Mar 31, 2024 23.27%
Mar 31, 2024 23.27%
Dec 31, 2023 24.44%
Dec 31, 2023 24.44%