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Moody's (MCO) Cash Flow Waterfall

Trace Moody's's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$3.08B

Capex

−$91.00M

Free Cash Flow

$2.99B

FCF Margin

+97.0%

Cash flow waterfall for Moody's (MCO) — TTM through Q1 2026

Free cash flow: $2.99B

Cash flow breakdown for Moody's (MCO) — TTM through Q1 2026

  • Operating Cash Flow$3.08B
  • Capital Expenditure−$91.00M
  • Free Cash Flow$2.99B
  • Other Investing−$222.00M
  • Share Buybacks−$1.56B
  • Dividends Paid−$691.00M
  • Other Financing & FX−$1.18B
  • Net Cash Decrease−$670.00M
Want to see what drove the FCF change?Free Cash Flow Bridge

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Data & methodology