Moody's Corporation

MCONYSEFinancial Services● Active

$443.76

$-7.59(-1.68%)

Market Cap$77.5B

P/E Ratio—

52W High$546.88

52W Low$402.28

Avg Volume1.1M

Open$451.13

Beta1.34

Free Cash Flow Financials Revenue

Moody's Corporation (MCO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MCO · free cash flow · updated Jun 9, 2026

Core FCF metrics

MCO · FCF · TTM · margin & CAGR

Free cash flow was $2.58B for FY2025 (fiscal year ending 2025-12-31), up 2.1% year-over-year The FCF margin was 33.4%. Five-year CAGR stands at +4.7%.

FY2025 Free Cash Flow$2.58B▲ +2.1% YoY

Trailing 12M (TTM)$2.99Btrailing 4 quarters sum

FCF Margin33.4%$2.58B ÷ revenue

3-Year CAGR+29.3%FY2022 → FY2025

5-Year CAGR+4.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MCO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.90B(326M)$2.58B▲ +2.1%33.4%

FY2024$2.84B(317M)$2.52B▲ +34.1%35.6%

FY2023$2.15B(271M)$1.88B▲ +57.9%31.8%

FY2022$1.47B(283M)$1.19B▼ 36.2%21.8%

FY2021$2.00B(139M)$1.87B▼ 8.7%30.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MCO · P/FCF · FCF yield · FCF per share

Moody's Corporation (MCO) trades at a FCF yield of 3.82% and a price-to-free-cash-flow ratio of 26.6x. FCF per share stands at $16.71, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.82%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$16.71

TTM FCF ÷ Shares Outstanding

Price / FCF

x26.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x28.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MCO · cash flow statement · operating / investing / financing

For FY2025, Moody's Corporation generated $2.90B in operating cash flow and spent 326M in capital expenditures, yielding $2.58B in free cash flow.

Operating Activities

+$2.90B

Cash from core business operations

2025-12-31

Investing Activities

+$2.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$3.06B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.90B) − |CapEx| (326M) = FCF ($2.58B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

MCO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Moody's CorporationYOU

MCO

$2.58B+2.1%33.4%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Moody's Corporation (MCO) reported free cash flow of $2.58B for FY2025 (fiscal year ending 2025-12-31), up 2.1% year-over-year. The FCF margin was 33.4%.

Based on available data, Moody's Corporation has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $2.58B in FY2025. The 5-year CAGR stands at +4.7%.

Moody's Corporation's FCF yield is 3.82% and price-to-FCF ratio is 26.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MCO free cash flow · 8 questions

Moody's Corporation free cash flow was $2.58B for FY2025, up 2.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.99B.

MCO free cash flowMCO FCFMCO FCF 2025MCO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Moody's Corporation · Moody's Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026