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| Date | Value |
|---|---|
| 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% |