Moody's (MCO) Revenue & Revenue Breakdown


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Moody's Revenue Highlights


Latest Revenue (Y)

$5.92B

Latest Revenue (Q)

$1.81B

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
2024-09-30$1.81B-0.22%
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 $1.81B in revenue during Q3 2024, up -0.22% compared to the previous quarter, and up 121.35% 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
Recurring Revenue$4.09B----
Transaction Revenue$1.83B----
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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Moodys Investors Service$701.00M$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-
Moodys Analytics$1.11B$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-
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 Sep 24: Moodys Analytics (61.33%), and Moodys Investors Service (38.67%).

Moody's Revenue Breakdown by Country

Annual Revenue by Country

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

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

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 18Mar 18
EMEA$546.00M$566.00M$542.00M$472.00M$455.00M--
International Regions$814.00M$843.00M$817.00M$702.00M---
Asia Pacific$157.00M$164.00M$155.00M$135.00M$145.00M--
U S$111.00M$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 Sep 24: International Regions (50.00%), EMEA (33.54%), Asia Pacific (9.64%), and U S (6.82%).

Moody's Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SPGIS&P Global$12.50B$3.58B
ICEIntercontinental Exchange$9.90B$3.03B
NDAQNasdaq$6.06B$1.90B
MCOMoody's$5.92B$1.81B
CMECME Group$5.58B$1.58B
MSCIMSCI$2.53B$724.71M
FDSFactSet Research Systems$2.20B$552.71M

MCO Revenue FAQ


What is Moody's’s yearly revenue?

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.

What is Moody's’s quarterly revenue?

Moody's's quarterly revenue for Q3 2024 was $1.81B, a -0.22% decrease from the previous quarter (Q2 2024), and a 23.17% increase year-over-year (Q3 2023). The company'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). MCO'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).

What is Moody's’s revenue growth rate?

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%.

What are Moody's’s revenue streams?

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

What is Moody's’s main source of 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.