TTM
$3.48B
YoY change
+16.3%
5Y CAGR
+7.1%
Peak year (2025)
$3.46B
Cumulative operating income
$39.40B
Operating Income history chart for Moody's (MCO) from 1998 to 2025
Latest: $3.46B
Operating Income growth chart for Moody's (MCO) from 1998 to 2025
Latest: +16.3%
Operating Income history table for Moody's (MCO) from 1998 to 2025
| 2025 | $3.46B | +16.3% | +$484.00M | ||
| 2024 | $2.97B | +33.8% | +$750.00M | ||
| 2023 | $2.22B | +11.2% | +$224.00M | ||
| 2022 | $2.00B | -29.8% | −$847.00M | ||
| 2021 | $2.84B | +16.2% | +$397.00M | ||
| 2020 | $2.45B | +17.9% | +$372.00M | ||
| 2019 | $2.08B | +7.8% | +$149.80M | ||
| 2018 | $1.93B | +4.4% | +$81.90M | ||
| 2017 | $1.84B | +21.7% | +$328.80M | ||
| 2016 | $1.51B | +2.8% | +$41.10M | ||
| 2015 | $1.47B | +2.0% | +$29.00M | ||
| 2014 | $1.44B | +16.2% | +$201.90M | ||
| 2013 | $1.24B | +14.0% | +$152.80M | ||
| 2012 | $1.09B | +22.6% | +$200.80M | ||
| 2011 | $888.90M | +14.9% | +$115.00M | ||
| 2010 | $773.90M | +10.1% | +$70.80M | ||
| 2009 | $703.10M | -5.7% | −$42.60M | ||
| 2008 | $745.70M | -36.9% | −$435.30M | ||
| 2007 | $1.18B | +7.5% | +$82.10M | ||
| 2006 | $1.10B | +17.0% | +$159.30M | ||
| 2005 | $939.60M | +19.5% | +$153.20M | ||
| 2004 | $786.40M | +18.6% | +$123.30M | ||
| 2003 | $663.10M | +23.2% | +$125.00M | ||
| 2002 | $538.10M | +35.0% | +$139.60M | ||
| 2001 | $398.50M | +38.1% | +$110.00M | ||
| 2000 | $288.50M | -39.9% | −$191.60M | ||
| 1999 | $480.10M | +7.0% | +$31.40M | ||
| 1998 | $448.70M | — | — |
- 2025$3.46B+16.3%
- 2024$2.97B+33.8%
- 2023$2.22B+11.2%
- 2022$2.00B-29.8%
- 2021$2.84B+16.2%
- 2020$2.45B+17.9%
- 2019$2.08B+7.8%
- 2018$1.93B+4.4%
- 2017$1.84B+21.7%
- 2016$1.51B+2.8%
- 2015$1.47B+2.0%
- 2014$1.44B+16.2%
- 2013$1.24B+14.0%
- 2012$1.09B+22.6%
- 2011$888.90M+14.9%
- 2010$773.90M+10.1%
- 2009$703.10M-5.7%
- 2008$745.70M-36.9%
- 2007$1.18B+7.5%
- 2006$1.10B+17.0%
- 2005$939.60M+19.5%
- 2004$786.40M+18.6%
- 2003$663.10M+23.2%
- 2002$538.10M+35.0%
- 2001$398.50M+38.1%
- 2000$288.50M-39.9%
- 1999$480.10M+7.0%
- 1998$448.70M—
Operating Income values are taken from Moody's's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Moody's (MCO)
According to Moody's's latest reported financial statements, the company's current operating income (TTM) is $3.48B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Moody's (MCO) reported operating income of $3.46B – grew 16.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Moody's operating income compounded at +7.1% per year, sustaining 3 straight years of year-over-year growth.
$3.46B stands as the all-time-high annual operating income, posted in 2025, against a low of $288.50M during 2000.
Moody's Operating Income by Year
Moody's Operating Income 2025: $3.46B
Moody's operating income in 2025 was $3.46B, grew 16.3% from 2024. This figure represents the highest annual value in the available history.
Moody's Operating Income 2024: $2.97B
2024's operating income for Moody's came in at $2.97B, surged 33.8% from 2023.
Moody's Operating Income 2023: $2.22B
Moody's posted operating income of $2.22B in 2023, grew 11.2% from 2022.
Moody's Operating Income 2022: $2.00B
In 2022, Moody's reported operating income of $2.00B, declined 29.8% below 2021.
Moody's Operating Income 2021: $2.84B
Moody's operating income in 2021 was $2.84B.
See more financial history for Moody's (MCO).
Sector peers by Operating Income
Financial Services peers of Moody's (MCO), ranked by their latest operating income
| $72.59B | |
| $58.88B | |
| $37.70B | |
| $25.20B | |
| $23.99B | |
| $21.95B | |
| $21.85B | |
| $19.40B |
- $72.59B
- $58.88B
- $37.70B
- $25.20B
- $23.99B
- $21.95B
- $21.85B
- $19.40B
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