Moody's Corporation (MCO)

Moody's Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	6,232	5,916	5,468	6,218	5,371	4,829
Revenue Growth (YoY)	15.07%	8.19%	-12.06%	15.77%	11.22%	8.69%
Cost of Revenue	1,726	1,687	1,613	1,637	1,475	1,387
Gross Profit	4,506	4,229	3,855	4,581	3,896	3,442
Selling, General & Admin	1,659	1,632	1,527	1,480	1,229	1,167
Other Operating Expenses	463	460	445	257	279	277
Operating Expenses	2,122	2,092	1,972	1,737	1,508	1,444
Operating Income	2,384	2,137	1,883	2,844	2,388	1,998
Interest Expense / Income	265	251	231	171	205	208
Other Expense / Income	-61	-48	-108	-82	-47	-13
Pretax Income	2,180	1,934	1,760	2,755	2,230	1,803
Income Tax	497	327	386	541	452	381
Net Income	1,683	1,607	1,374	2,214	1,778	1,422
Net Income Growth	22.22%	16.96%	-37.94%	24.52%	25.04%	8.55%
Shares Outstanding (Basic)	183	183	184	186	188	189
Shares Outstanding (Diluted)	183	184	185	188	189	192
Shares Change	-0.38%	-0.38%	-1.70%	-0.74%	-1.20%	-1.44%
EPS (Basic)	9.19	8.77	7.47	11.88	9.48	7.51
EPS (Diluted)	9.16	8.73	7.44	11.78	9.39	7.42
EPS Growth	22.46%	17.34%	-36.84%	25.45%	26.55%	10.09%
Free Cash Flow	2,042	1,880	1,191	1,866	2,043	1,606
Free Cash Flow Per Share	11.18	10.26	6.48	10.01	10.89	8.48
Dividend Per Share	3.160	3.080	3.500	2.480	2.240	2.000
Dividend Growth	-11.48%	-12.00%	41.13%	10.71%	12.00%	13.64%
Gross Margin	72.30%	71.48%	70.50%	73.67%	72.54%	71.28%
Operating Margin	38.25%	36.12%	34.44%	45.74%	44.46%	41.38%
Profit Margin	27.01%	27.16%	25.13%	35.61%	33.10%	29.45%
Free Cash Flow Margin	32.77%	31.78%	21.78%	30.01%	38.04%	33.26%
Effective Tax Rate	22.80%	16.91%	21.93%	19.64%	20.27%	21.13%
EBITDA	2,830	2,558	2,322	3,183	2,655	2,211
EBITDA Margin	45.41%	43.24%	42.47%	51.19%	49.43%	45.79%
Depreciation & Amortization	385	373	331	257	220	200
EBIT	2,445	2,185	1,991	2,926	2,435	2,011
EBIT Margin	39.23%	36.93%	36.41%	47.06%	45.34%	41.64%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).