Moodys (MCO) Tax Rate (2009 - 2026)
Moodys (MCO) posted Tax Rate of 23.97% for Q3 2026, down 1.41 percentage points from 25.37% a year earlier and down 0.97 percentage points from the prior quarter.
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Analysis
Moodys (MCO) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Moodys was 21.89%, down 2.44 percentage points year-over-year; for FY2025, it was 21.34%, down 2.37 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +1.06 percentage points (FY2020 to FY2025).
- In prior years, Moodys' Tax Rate was 23.71% in FY2024 (+6.81 pp), 16.90% in FY2023 (-5.03 pp), 21.93% in FY2022 (+2.29 pp) and 19.64% in FY2021 (-0.64 pp).
- Quarterly Tax Rate has run from a low of 0.99% in Q1 2023 to a high of 26.19% in Q2 2022 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -1.36 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2024, with a gain of 22.28 percentage points; the weakest was Q1 2023, with a drop of 17.24 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 24.94% (Q2 2026), 24.02% (Q1 2026) and 11.06% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 132.75 Bn | 123.34 Bn | 2.98 Bn | 23.48% |
| 2 | Moodys | 83.38 Bn | 76.31 Bn | 1.50 Bn | 23.97% |
| 3 | Msci | 44.28 Bn | 42.76 Bn | 739.80 Mn | 17.97% |
| 4 | Verisk Analytics | 25.60 Bn | 20.23 Bn | 572.90 Mn | 24.65% |
| 5 | Equifax | 21.43 Bn | 20.70 Bn | 940.10 Mn | 28.10% |
| 6 | TransUnion | 15.67 Bn | 12.49 Bn | - | 27.20% |
| 7 | Factset Research Systems | 12.09 Bn | 10.94 Bn | 308.40 Mn | 16.10% |
| 8 | Morningstar | 8.49 Bn | 6.40 Bn | 423.90 Mn | 26.05% |
| 9 | Mastercard | 548.20 Bn | 508.12 Bn | - | 20.01% |
| 10 | Cme | 110.29 Bn | 98.39 Bn | - | 21.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.97% |
| 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% |
API Access
Moodys Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();