Moodys (MCO) revenue breakdown
By segment, MIS is the largest at 53% of fiscal 2025 revenue; MA grew fastest, 12% a year over 9 years.
By product, Relationship Revenue is the largest at 63% of fiscal 2025 revenue, growing 11% a year over 9 years.
Revenue by segment
Fiscal years, as Moodys reports them in its 10-K filings; fiscal 2025 total $7.7B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MIS | $2.5B | $2.9B | $2.8B | $3.0B | $3.3B | $3.8B | $2.7B | $2.9B | $3.8B | $4.1B | 53% |
| MA | $1.2B | $1.4B | $1.7B | $2.0B | $2.1B | $2.4B | $2.8B | $3.1B | $3.3B | $3.6B | 47% |
Revenue by product
Fiscal years, as Moodys reports them in its 10-K filings; fiscal 2025 total $7.7B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Relationship Revenue | $1.8B | $2.1B | $2.5B | $2.7B | $3.0B | $3.4B | $3.8B | $4.1B | $4.4B | $4.8B | 63% |
| Transaction Revenue | $1.8B | $2.1B | $2.0B | $2.1B | $2.4B | $2.8B | $1.7B | $1.8B | $2.7B | $2.9B | 37% |
Revenue by region
Fiscal years, as Moodys reports them in its 10-K filings; fiscal 2025 total $7.7B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. | $2.1B | $2.3B | $2.3B | $2.5B | $3.0B | $3.4B | $2.9B | $3.1B | $3.8B | $4.2B | 54% |
| EMEA | — | $1.1B | $1.4B | $1.4B | $1.5B | $1.9B | $1.7B | $1.9B | $2.2B | $2.4B | 31% |
| Asia-Pacific | — | $471M | $493M | $551M | $571M | $603M | $539M | $570M | $629M | $699M | 9% |
| Americas | — | $253M | $243M | $288M | $300M | $347M | $356M | $389M | $449M | $472M | 6% |
| International | $1.5B | — | — | — | — | — | — | — | — | — | — |
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Where does Moodys make its money?
In fiscal 2025, by segment: MIS $4.1B, MA $3.6B.
From Moodys's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.