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Moody's (Moody's) Gross Profit : $4,229 Mil (TTM As of Dec. 2023)


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What is Moody's Gross Profit?

Moody's's gross profit for the three months ended in Dec. 2023 was $1,059 Mil. Moody's's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $4,229 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Moody's's gross profit for the three months ended in Dec. 2023 was $1,059 Mil. Moody's's Revenue for the three months ended in Dec. 2023 was $1,480 Mil. Therefore, Moody's's Gross Margin % for the quarter that ended in Dec. 2023 was 71.55%.

Moody's had a gross margin of 71.55% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Moody's was 73.67%. The lowest was 70.50%. And the median was 71.84%.


Moody's Gross Profit Historical Data

The historical data trend for Moody's's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Moody's Gross Profit Chart

Moody's Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,442.00 3,896.00 4,581.00 3,855.00 4,229.00

Moody's Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 880.00 1,042.00 1,068.00 1,060.00 1,059.00

Competitive Comparison of Moody's's Gross Profit

For the Financial Data & Stock Exchanges subindustry, Moody's's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Moody's's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moody's's Gross Profit distribution charts can be found below:

* The bar in red indicates where Moody's's Gross Profit falls into.



Moody's Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Moody's's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=5916 - 1687
=4,229

Moody's's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1480 - 421
=1,059

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,229 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Moody's's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,059 / 1480
=71.55 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Moody's  (NYSE:MCO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Moody's had a gross margin of 71.55% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Moody's Gross Profit Related Terms

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Moody's (Moody's) Business Description

Traded in Other Exchanges
Address
7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's revenue and profits. The other segment, Moody's Analytics, consists of research, data, and analytics as well as enterprise risk solutions. RD&A's products include credit research, quantitative credit scores, economic research, business intelligence, know-your-customer tools, commercial real estate data and analytical tools, and training services. ERS includes risk-management software solutions for financial institutions.
Executives
Robert Fauber director, officer: President and CEO 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Michael L West officer: President, Moody's Investors 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Richard G Steele officer: SVP - General Counsel C/O MOODY'S CORPORATION, 7 WORLD TRADE CENTER AT 250 GREENWICH ST, NEW YORK NY 10007
Kathryn Hill director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Lloyd Jr Howell director 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Vincent A Forlenza director C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Jorge A. Bermudez director CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Jose Minaya director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Saun Bruce Van director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD, STAMFORD CT 06901
Leslie Seidman director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Therese Esperdy director 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Caroline Sullivan officer: SVP - Corporate Controller 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Mark Kaye officer: EVP & Chief Financial Officer 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Raymond W Mcdaniel director, officer: Executive Vice President 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Stephen T Tulenko officer: President, Moody's Analytics 7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007

Moody's (Moody's) Headlines