Moody's Corporation (FRA:DUT)

Moody's Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,501	7,088	5,916	5,468	6,218	5,371
Revenue Growth (YoY)	8.77%	19.81%	8.19%	-12.06%	15.77%	11.22%
Cost of Revenue	1,969	1,945	1,687	1,613	1,637	1,475
Gross Profit	5,532	5,143	4,229	3,855	4,581	3,896
Selling, General & Admin	1,773	1,731	1,623	1,520	1,487	1,235
Operating Expenses	2,242	2,162	1,996	1,851	1,744	1,455
Operating Income	3,290	2,981	2,233	2,004	2,837	2,441
Interest Expense	-284	-313	-318	-229	-185	-163
Interest & Investment Income	80	102	63	15	9	11
Earnings From Equity Investments	23	15	19	17	60	6
Currency Exchange Gain (Loss)	-3	-	-30	10	-1	2
Other Non Operating Income (Expenses)	-3	-4	41	21	35	-9
EBT Excluding Unusual Items	3,103	2,781	2,008	1,838	2,755	2,288
Merger & Restructuring Charges	-131	-59	-87	-114	-13	-50
Gain (Loss) on Sale of Investments	9	20	14	-14	13	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-9
Other Unusual Items	-13	-43	-	50	-	-
Pretax Income	2,968	2,699	1,935	1,760	2,755	2,229
Income Tax Expense	722	640	327	386	541	452
Earnings From Continuing Operations	2,246	2,059	1,608	1,374	2,214	1,777
Minority Interest in Earnings	-2	-1	-1	-	-	1
Net Income	2,244	2,058	1,607	1,374	2,214	1,778
Net Income to Common	2,244	2,058	1,607	1,374	2,214	1,778
Net Income Growth	12.03%	28.07%	16.96%	-37.94%	24.52%	25.04%
Shares Outstanding (Basic)	180	182	183	184	186	188
Shares Outstanding (Diluted)	181	183	184	185	188	189
Shares Change (YoY)	-1.41%	-0.71%	-0.38%	-1.70%	-0.74%	-1.20%
EPS (Basic)	12.48	11.32	8.77	7.47	11.88	9.48
EPS (Diluted)	12.42	11.26	8.73	7.44	11.78	9.39
EPS Growth	13.55%	28.98%	17.34%	-36.84%	25.45%	26.55%
Free Cash Flow	2,398	2,521	1,880	1,191	1,866	2,043
Free Cash Flow Per Share	13.28	13.80	10.22	6.45	9.93	10.79
Dividend Per Share	3.670	3.400	3.080	2.800	2.480	2.240
Dividend Growth	10.54%	10.39%	10.00%	12.90%	10.71%	12.00%
Gross Margin	73.75%	72.56%	71.48%	70.50%	73.67%	72.54%
Operating Margin	43.86%	42.06%	37.74%	36.65%	45.63%	45.45%
Profit Margin	29.92%	29.04%	27.16%	25.13%	35.61%	33.10%
Free Cash Flow Margin	31.97%	35.57%	31.78%	21.78%	30.01%	38.04%
EBITDA	3,579	3,232	2,485	2,256	3,094	2,661
EBITDA Margin	47.71%	45.60%	42.00%	41.26%	49.76%	49.54%
D&A For EBITDA	289	251	252	252	257	220
EBIT	3,290	2,981	2,233	2,004	2,837	2,441
EBIT Margin	43.86%	42.06%	37.74%	36.65%	45.63%	45.45%
Effective Tax Rate	24.33%	23.71%	16.90%	21.93%	19.64%	20.28%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.