Moody's Financial Ratios
NYSE: MCOFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Moody's ratio analysis
Moody's earned a net margin of 31.9% in FY 2025, up from 29.0% a year earlier. Gross margin was 74.4% compared with a median of 71.7% over the prior 8 years. Return on equity reached 60.7%, meaning Moody's generated 0.61 dollars of profit for every dollar of shareholders' equity, an unusually high figure that often reflects a small equity base after share buybacks.
Debt-to-equity stood at 1.73 versus 2.08 the year before, and the current ratio was 1.74. At the end of FY 2025, MCO traded at 36.5 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 21.3 to 69.3, with a median of 34.8. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Moody's financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 36.50 | 42.55 | 44.74 | 37.45 | 33.16 | 30.91 | 32.50 | 21.26 | 28.66 | 69.32 |
| Price / sales | 11.58 | 12.29 | 12.09 | 9.37 | 11.71 | 10.14 | 9.45 | 6.18 | 6.71 | 5.04 |
| Price / book | 22.04 | 24.43 | 21.56 | 20.34 | 26.70 | 34.70 | 74.58 | 59.81 | — | — |
| Gross margin | 74.4% | 72.6% | 71.5% | 70.5% | 73.7% | 72.5% | 71.3% | 72.0% | 71.1% | — |
| Operating margin | 43.4% | 40.6% | 36.1% | 34.4% | 45.7% | 44.5% | 41.4% | 42.0% | 43.3% | 18.1% |
| Net margin | 31.9% | 29.0% | 27.2% | 25.1% | 35.6% | 33.1% | 29.4% | 29.5% | 23.8% | 7.4% |
| Free cash flow margin | 33.4% | 35.6% | 31.8% | 21.8% | 30.0% | 38.0% | 33.3% | 30.8% | 15.8% | 31.7% |
| Return on equity (ROE) | 60.7% | 57.7% | 48.4% | 54.5% | 81.2% | 113.3% | 232.4% | 285.4% | — | — |
| Return on assets (ROA) | 15.5% | 13.3% | 11.0% | 9.6% | 15.1% | 14.3% | 13.9% | 13.8% | 11.6% | 5.0% |
| Debt / equity | 1.73 | 2.08 | 2.11 | 2.93 | 2.72 | 4.09 | 9.12 | 12.37 | — | — |
| Current ratio | 1.74 | 1.47 | 1.74 | 1.72 | 1.61 | 2.03 | 1.92 | 1.61 | 1.25 | 1.34 |
| Revenue growth | 8.9% | 19.8% | 8.2% | -12.1% | 15.8% | 11.2% | 8.7% | 5.7% | 16.6% | 3.4% |
| EPS growth | 21.4% | 29.0% | 17.3% | -36.8% | 25.5% | 26.5% | 10.1% | 30.9% | 278.7% | -70.6% |