Moody's (MCO) Revenue & Revenue Breakdown


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Moody's Revenue Highlights


Latest Revenue (Y)

$5.92B

Latest Revenue (Q)

$1.82B

Main Segment (Y)

Recurring Revenue

Main Geography (Y)

Non-US

Moody's Revenue by Period


Moody's Revenue by Year

DateRevenueChange
2023-12-31$5.92B8.19%
2022-12-31$5.47B-12.06%
2021-12-31$6.22B15.77%
2020-12-31$5.37B11.22%
2019-12-31$4.83B8.70%
2018-12-31$4.44B5.68%
2017-12-31$4.20B16.64%
2016-12-31$3.60B3.44%
2015-12-31$3.48B4.50%
2014-12-31$3.33B12.17%
2013-12-31$2.97B8.87%
2012-12-31$2.73B19.71%
2011-12-31$2.28B12.24%
2010-12-31$2.03B13.06%
2009-12-31$1.80B2.38%
2008-12-31$1.76B-22.29%
2007-12-31$2.26B10.89%
2006-12-31$2.04B17.64%
2005-12-31$1.73B20.39%
2004-12-31$1.44B15.38%
2003-12-31$1.25B21.82%
2002-12-31$1.02B28.44%
2001-12-31$796.70M32.28%
2000-12-31$602.30M-69.45%
1999-12-31$1.97B1.93%
1998-12-31$1.93B-

Moody's generated $5.92B in revenue during NA 2023, up 8.19% compared to the previous quarter, and up 133.16% compared to the same period a year ago.

Moody's Revenue by Quarter

DateRevenueChange
2024-06-30$1.82B1.74%
2024-03-31$1.79B20.68%
2023-12-31$1.48B0.54%
2023-09-30$1.47B-1.47%
2023-06-30$1.49B1.63%
2023-03-31$1.47B13.95%
2022-12-31$1.29B1.18%
2022-09-30$1.27B-7.68%
2022-06-30$1.38B-9.26%
2022-03-31$1.52B-1.10%
2021-12-31$1.54B0.85%
2021-09-30$1.53B-1.74%
2021-06-30$1.55B-2.94%
2021-03-31$1.60B24.03%
2020-12-31$1.29B-4.87%
2020-09-30$1.36B-5.51%
2020-06-30$1.44B11.24%
2020-03-31$1.29B4.62%
2019-12-31$1.23B-0.60%
2019-09-30$1.24B2.22%
2019-06-30$1.21B6.26%
2019-03-31$1.14B7.74%
2018-12-31$1.06B-1.92%
2018-09-30$1.08B-8.02%
2018-06-30$1.18B4.30%
2018-03-31$1.13B-3.33%
2017-12-31$1.17B9.65%
2017-09-30$1.06B6.24%
2017-06-30$1.00B2.59%
2017-03-31$975.20M3.51%
2016-12-31$942.10M2.73%
2016-09-30$917.10M-1.27%
2016-06-30$928.90M13.82%
2016-03-31$816.10M-5.75%
2015-12-31$865.90M3.71%
2015-09-30$834.90M-9.06%
2015-06-30$918.10M6.07%
2015-03-31$865.60M-1.36%
2014-12-31$877.50M7.52%
2014-09-30$816.10M-6.57%
2014-06-30$873.50M13.86%
2014-03-31$767.20M-1.54%
2013-12-31$779.20M10.45%
2013-09-30$705.50M-6.68%
2013-06-30$756.00M3.31%
2013-03-31$731.80M-2.97%
2012-12-31$754.20M9.54%
2012-09-30$688.50M7.44%
2012-06-30$640.80M-0.93%
2012-03-31$646.80M14.05%
2011-12-31$567.10M6.74%
2011-09-30$531.30M-12.21%
2011-06-30$605.20M4.87%
2011-03-31$577.10M2.27%
2010-12-31$564.30M9.94%
2010-09-30$513.30M7.43%
2010-06-30$477.80M0.25%
2010-03-31$476.60M-1.89%
2009-12-31$485.80M7.53%
2009-09-30$451.80M0.24%
2009-06-30$450.70M10.22%
2009-03-31$408.90M1.29%
2008-12-31$403.70M-6.85%
2008-09-30$433.40M-11.12%
2008-06-30$487.60M13.21%
2008-03-31$430.70M-

Moody's generated $1.82B in revenue during Q2 2024, up 1.74% compared to the previous quarter, and up 123.61% compared to the same period a year ago.

Moody's Revenue Breakdown


Moody's Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Transaction Revenue$1.83B----
Recurring Revenue$4.09B----
Moodys Investors Service-$99.00M$112.00M$130.00M$140.00M
Moodys Analytics-$3.50B$3.00B$2.20B$1.70B

Moody's's latest annual revenue breakdown by segment (product or service), as of Dec 23: Recurring Revenue (69.13%), and Transaction Revenue (30.87%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Moodys Analytics$1.09B$3.90B-$3.20B$3.30B$260.00M$3.10B$3.00B$3.10B$245.00M$2.70B$2.20B$2.30B$223.00M$1.80B$1.80B$2.00B$73.80M$78.50M-
Moodys Investors Service$731.00M$1.03B$637.00M$96.00M$98.00M$151.00M$103.00M$105.00M$110.00M$223.00M$120.00M$118.00M$120.00M$185.00M$136.00M$136.00M$136.00M$184.30M$174.90M-
Recurring Revenue--$3.05B$1.04B----------------
Transaction Revenue--$1.39B$436.00M----------------

Moody's's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Moodys Analytics (59.77%), and Moodys Investors Service (40.23%).

Moody's Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
EMEA$1.85B
Non-US$2.82B
Asia Pacific$577.00M
Americas$393.00M

Moody's's latest annual revenue breakdown by geography, as of Dec 23: Non-US (50.00%), EMEA (32.79%), Asia Pacific (10.24%), and Americas (6.97%).

Quarterly Revenue by Country

CountryJun 24Mar 24Dec 23Sep 23Jun 18Mar 18
International Regions$843.00M$817.00M$702.00M---
EMEA$566.00M$542.00M$472.00M$455.00M--
Asia Pacific$164.00M$155.00M$135.00M$145.00M--
U S$113.00M$120.00M$95.00M$625.40M$597.70M-
Non-US--$2.11B$704.00M--
Americas--$289.00M$104.00M--

Moody's's latest quarterly revenue breakdown by geography, as of Jun 24: International Regions (50.00%), EMEA (33.57%), Asia Pacific (9.73%), and U S (6.70%).

Moody's Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SPGIS&P Global$12.50B$3.55B
ICEIntercontinental Exchange$9.90B$2.90B
NDAQNasdaq$6.06B$1.79B
MCOMoody's$5.92B$1.82B
CMECME Group$5.58B$1.53B
MSCIMSCI$2.53B$707.95M
FDSFactSet Research Systems$2.09B$552.71M

MCO Revenue FAQ


Moody's's yearly revenue for 2023 was $5.92B, representing an increase of 8.19% compared to 2022. The company's yearly revenue for 2022 was $5.47B, representing a decrease of -12.06% compared to 2021. MCO's yearly revenue for 2021 was $6.22B, representing an increase of 15.77% compared to 2020.

Moody's's quarterly revenue for Q2 2024 was $1.82B, a 1.74% increase from the previous quarter (Q1 2024), and a 21.62% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.79B, a 20.68% increase from the previous quarter (Q4 2023), and a 21.50% increase year-over-year (Q1 2023). MCO's quarterly revenue for Q4 2023 was $1.48B, a 0.54% increase from the previous quarter (Q3 2023), and a 14.73% increase year-over-year (Q4 2022).

Moody's's revenue growth rate for the last 3 years (2021-2023) was -4.86%, and for the last 5 years (2019-2023) was 22.51%.

Moody's's revenue streams in c 23 are Transaction Revenue, and Recurring Revenue. Transaction Revenue generated $1.83B in revenue, accounting 30.87% of the company's total revenue Recurring Revenue generated $4.09B in revenue, accounting 69.13% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of Moody's was Recurring Revenue. This segment made a revenue of $4.09B, representing 69.13% of the company's total revenue.