Moodys (MCO) Tax Rate (2009 - 2026)
Moodys' (MCO) quarterly Tax Rate came in at 24.94% in Q2 2026, down 6.0% year-over-year from 26.53% in Q2 2025, and up 3.8% quarter-over-quarter from 24.02% in Q1 2026.
Analysis
Moodys (MCO) Tax Rate (2009 - 2026) Analysis & Trends
Moodys (MCO) has reported Tax Rate for 18 consecutive years, with 24.94% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 6.0% year-over-year to 24.94% in Q2 2026; TTM through Jun 2026 was 22.17%, a 176.0% decrease from a year earlier, with the FY2025 full-year figure at 21.34%, down 237.0% from the prior year.
- Tax Rate was 24.94% for Q2 2026 at Moodys, up from 24.02% 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 21.46% and a median of 23.7% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 1724 bps in 2023 and jumped 2228 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 24.77% in 2022, then fell by 1 bps to 24.44% in 2023, then rose by 1 bps to 24.76% in 2024, then plunged by 55 bps to 11.06% in 2025, then soared by 125 bps to 24.94% in 2026.
- The last three Tax Rate figures came in at 24.94% (Q2 2026), 24.02% (Q1 2026), and 11.06% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 124.03 Bn | 119.89 Bn | 2.98 Bn | 23.48% |
| 2 | Moodys | 82.83 Bn | 81.34 Bn | 1.67 Bn | 24.94% |
| 3 | Msci | 40.50 Bn | 40.15 Bn | 717.10 Mn | 18.04% |
| 4 | Verisk Analytics | 23.26 Bn | 22.71 Bn | 572.90 Mn | 24.65% |
| 5 | Factset Research Systems | 10.11 Bn | 9.81 Bn | 310.73 Mn | 17.78% |
| 6 | Morningstar | 7.50 Bn | 6.97 Bn | 423.90 Mn | 26.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.94% |
| Mar 31, 2026 | 24.02% |
| Dec 31, 2025 | 11.06% |
| Sep 30, 2025 | 25.37% |
| Jun 30, 2025 | 25.00% |
| Mar 31, 2025 | 22.26% |
| Dec 31, 2024 | 24.76% |
| Sep 30, 2024 | 24.04% |
| Jun 30, 2024 | 23.09% |
| Mar 31, 2024 | 23.27% |
| Dec 31, 2023 | 24.44% |
| Sep 30, 2023 | 19.92% |
| Jun 30, 2023 | 23.37% |
| Mar 31, 2023 | 0.99% |
| Dec 31, 2022 | 24.77% |
| Sep 30, 2022 | 20.47% |
| Jun 30, 2022 | 26.19% |
| Mar 31, 2022 | 18.23% |
| Dec 31, 2021 | 17.25% |
| Sep 30, 2021 | 23.42% |