Stocktoria

MOODYS CORP /DE/ MCO

NYSE · stock · Services-Consumer Credit Reporting, Collection Agencies · website · IPO 1998-06-19

MOODYS CORP /DE/ statistics & valuation

Market cap$78.6B
P / E32.0×
P / S10.2×
P / B18.7×
P / FCF30.5×
Dividend yield0.89%
Net margin31.9%
Return on equity58.5%
FCF margin33.4%
Net debt$4.6B
Net debt / EBITDA1.2×
Enterprise value USD$83.2B
EV / EBITDA21.7×
Earnings yield EBIT/EV4%
Return on capital26.1%
Graham number -82.3%$84.79

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($84.79); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.40% 23.80% 29.50% 29.40% 33.10% 35.60% 25.10% 27.20% 29.00% 31.90% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
18.10% 43.30% 42.00% 41.40% 44.50% 45.70% 34.40% 36.10% 40.60% 43.40% 2016201720182019202020212022202320242025
Return on equity (%)
199.70% 171.10% 100.90% 75.90% 51.10% 46.20% 55.20% 58.50% 2016201720182019202020212022202320242025
Shares outstanding
195.4M 194.2M 194.4M 191.6M 189.3M 187.9M 184.7M 184.0M 182.7M 179.9M 2016201720182019202020212022202320242025
Net debt ($)
$1.31B $4.34B $3.99B $3.75B $3.83B $5.60B $5.62B $4.87B $5.02B $4.61B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
5.00% 11.60% 13.80% 13.90% 14.30% 15.10% 9.60% 11.00% 13.30% 15.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
31.70% 15.80% 30.80% 33.30% 38.00% 30.00% 21.80% 31.80% 35.60% 33.40% 2016201720182019202020212022202320242025
Debt / equity (×)
8.65× 6.72× 3.64× 2.54× 2.75× 2.01× 1.99× 1.66× 2016201720182019202020212022202320242025
EPS ($)
$1.36 $5.15 $6.74 $7.42 $9.39 $11.78 $7.44 $8.73 $11.26 $13.67 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MOODYS CORP /DE/ trades at about 35× earnings — near its 10-year norm (10-year range 23.5×–76.2×, median 37.7×).

23.5× 76.2×

Shaded band = 10-year range (23.5×–76.2×); dot = today's 35×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin43.4%40.6%36.1%34.4%45.7%44.5%41.4%42.0%43.3%18.1%
Net margin31.9%29.0%27.2%25.1%35.6%33.1%29.4%29.5%23.8%7.4%
FCF margin33.4%35.6%31.8%21.8%30.0%38.0%33.3%30.8%15.8%31.7%
Return on assets15.5%13.3%11.0%9.6%15.1%14.3%13.9%13.8%11.6%5.0%
Return on equity58.5%55.2%46.2%51.1%75.9%100.9%171.1%199.7%-305.5%-21.8%
Debt / equity1.66×1.99×2.01×2.75×2.54×3.64×6.72×8.65×-16.51×-2.75×
Current ratio1.741.471.741.721.612.031.921.611.251.34

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.