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% on a QoQ basis from 11.06% in Q4 2025.
Moodys (MCO) has 18 years of Tax Rate data on file, last reported at 24.02% in Q1 2026.
- Quarterly Tax Rate rose 176.0% year-over-year to 24.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.84% (down 157.0% YoY) and the FY2025 annual result came in at 21.34%, down 237.0% from the prior year.
- Tax Rate climbed to 24.02% in Q1 2026 per MCO's latest filing, from 11.06% in the prior quarter.
- Across five years, Tax Rate topped out at 26.19% in Q2 2022 and bottomed at 0.99% in Q1 2023.
- The 5-year median for Tax Rate is 23.37% (2023), against an average of 21.25%.
- The widest annual swing landed in 2023, when Tax Rate tumbled 1724 bps; it then soared 2228 bps in 2024.
- Tracing MCO's Tax Rate over 5 years: stood at 24.77% in 2022, then declined by 1 bps to 24.44% in 2023, then increased by 1 bps to 24.76% in 2024, then sank by 55 bps to 11.06% in 2025, then surged by 117 bps to 24.02% in 2026.
- Per Business Quant, the three latest MCO Tax Rate figures stand at 24.02% (Q1 2026), 11.06% (Q4 2025), and 25.37% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 21.17 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 23.60 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 24.51 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 24.02 |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 23.34 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 15.19 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -4.32 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 25.18 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 6.45 |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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 |
| Sep 30, 2023 | 19.92 |
| Sep 30, 2023 | 19.92 |
| Jun 30, 2023 | 23.37 |
| Jun 30, 2023 | 23.37 |
| Mar 31, 2023 | 0.99 |
| Mar 31, 2023 | 0.99 |
| Dec 31, 2022 | 24.77 |
| Dec 31, 2022 | 24.77 |
| Sep 30, 2022 | 20.47 |
| Sep 30, 2022 | 20.47 |
| Jun 30, 2022 | 26.19 |
| Jun 30, 2022 | 26.19 |
| Mar 31, 2022 | 18.23 |
| Mar 31, 2022 | 18.23 |
| Dec 31, 2021 | 17.25 |
| Dec 31, 2021 | 17.25 |
| Sep 30, 2021 | 23.42 |
| Sep 30, 2021 | 23.42 |
| Jun 30, 2021 | 23.88 |
| Jun 30, 2021 | 23.88 |
| Mar 31, 2021 | 14.62 |
| Mar 31, 2021 | 14.62 |
| Dec 31, 2020 | 21.50 |
| Dec 31, 2020 | 21.50 |
| Sep 30, 2020 | 22.04 |
| Sep 30, 2020 | 22.04 |
| Jun 30, 2020 | 23.57 |
| Jun 30, 2020 | 23.57 |
| Mar 31, 2020 | 13.65 |
| Mar 31, 2020 | 13.65 |
| Dec 31, 2019 | 20.09 |
| Dec 31, 2019 | 20.09 |
| Sep 30, 2019 | 25.34 |
| Sep 30, 2019 | 25.34 |
| Jun 30, 2019 | 28.01 |
| Jun 30, 2019 | 28.01 |
| Mar 31, 2019 | 9.22 |
| Mar 31, 2019 | 9.22 |
| Dec 31, 2018 | 21.48 |
| Dec 31, 2018 | 21.48 |
| Sep 30, 2018 | 24.42 |
| Sep 30, 2018 | 24.42 |
| Jun 30, 2018 | 23.73 |
| Jun 30, 2018 | 23.73 |
| Mar 31, 2018 | 14.58 |
| Mar 31, 2018 | 14.58 |
| Dec 31, 2017 | 92.94 |
| Dec 31, 2017 | 92.94 |
| Sep 30, 2017 | 31.37 |
| Sep 30, 2017 | 31.37 |
| Jun 30, 2017 | 32.12 |
| Jun 30, 2017 | 32.12 |
| Mar 31, 2017 | 23.35 |
| Mar 31, 2017 | 23.35 |
| Dec 31, 2016 | 7.96 |
| Dec 31, 2016 | 7.96 |
| Sep 30, 2016 | 30.46 |
| Sep 30, 2016 | 30.46 |
| Jun 30, 2016 | 31.88 |
| Jun 30, 2016 | 31.88 |
| Mar 31, 2016 | 32.29 |
| Mar 31, 2016 | 32.29 |
| Dec 31, 2015 | 23.63 |
| Dec 31, 2015 | 23.63 |
| Sep 30, 2015 | 31.96 |
| Sep 30, 2015 | 31.96 |
| Jun 30, 2015 | 30.35 |
| Jun 30, 2015 | 30.35 |
| Mar 31, 2015 | 32.86 |
| Mar 31, 2015 | 32.86 |
| Dec 31, 2014 | 19.21 |
| Dec 31, 2014 | 19.21 |
| Sep 30, 2014 | 33.47 |
| Sep 30, 2014 | 33.47 |
| Jun 30, 2014 | 33.14 |
| Jun 30, 2014 | 33.14 |
| Mar 31, 2014 | 28.85 |
| Mar 31, 2014 | 28.85 |
| Dec 31, 2013 | -293.63 |
| Dec 31, 2013 | -293.63 |
| Sep 30, 2013 | 29.11 |
| Sep 30, 2013 | 29.11 |
| Jun 30, 2013 | 32.19 |
| Jun 30, 2013 | 32.19 |
| Mar 31, 2013 | 28.48 |
| Mar 31, 2013 | 28.48 |
| Dec 31, 2012 | -16.25 |
| Dec 31, 2012 | -16.25 |
| Sep 30, 2012 | 29.46 |
| Sep 30, 2012 | 29.46 |
| Jun 30, 2012 | 33.60 |
| Jun 30, 2012 | 33.60 |
| Mar 31, 2012 | 32.13 |
| Mar 31, 2012 | 32.13 |
| Dec 31, 2011 | 36.95 |
| Dec 31, 2011 | 36.95 |
| Sep 30, 2011 | 28.52 |
| Sep 30, 2011 | 28.52 |
| Jun 30, 2011 | 27.82 |
| Jun 30, 2011 | 27.82 |
| Mar 31, 2011 | 33.21 |
| Mar 31, 2011 | 33.21 |
| Dec 31, 2010 | -15.46 |
| Dec 31, 2010 | -15.46 |
| Sep 30, 2010 | 24.37 |
| Sep 30, 2010 | 24.37 |
| Jun 30, 2010 | 31.08 |
| Jun 30, 2010 | 31.08 |
| Mar 31, 2010 | 37.15 |
| Mar 31, 2010 | 37.15 |
| Dec 31, 2009 | -69.57 |
| Dec 31, 2009 | -69.57 |
| Sep 30, 2009 | 37.49 |
| Sep 30, 2009 | 37.49 |
| Jun 30, 2009 | 36.43 |
| Jun 30, 2009 | 36.43 |
| Mar 31, 2009 | 35.66 |
| Mar 31, 2009 | 35.66 |