earnings
confidence high
sentiment positive
materiality 0.62
Moody's Q3 revenue $2.02B +1%, diluted EPS $4.24 +18%; reaffirms FY26 EPS $16.00-$16.50
MOODYS CORP /DE/
- Revenue $2,023M vs $2,007M (+1%; +3% organic constant currency); operating margin 44.8%, adjusted operating margin 52.6%.
- Diluted EPS $4.24 vs $3.60 (+18%); adjusted diluted EPS $4.14 vs $3.92 (+6%).
- MA revenue $936M +3% (8% organic cc), ARR $3,688M +8%; MIS revenue $1,087M -1% as Corporate Finance fell 8%, High Yield -40% and Leveraged Loans -27%, offset by Investment Grade +18% and PPIF +11%.
- YTD operating cash flow $2,471M +21%, free cash flow $2,200M +22%; returned ~$3.1B to shareholders YTD, including $2.6B of buybacks and $543M of dividends.
- Board declared $1.03/share quarterly dividend, payable Dec 11, 2026 to holders of record Nov 20; FY26 guidance reaffirmed (EPS $16.00-$16.50, adjusted $16.50-$17.00, FCF $2.7-$2.9B).