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Moody's vs Nasdaq

Moody's and Nasdaq are similar in size: $7.72bn and $8.26bn of revenue in their latest fiscal years. Nasdaq grew faster (11.6% against 8.9%). Moody's kept more of each dollar of sales as profit: a net margin of 31.9% against 21.6%.

Latest fiscal yearMoody'sMCO, 2025NasdaqNDAQ, 2025
Revenue $7.72bn $8.26bn
Revenue growth 8.9% 11.6%
Net income $2.46bn $1.79bn
Operating margin — —
Net margin 31.9% 21.6%
Return on equity 64.5% 15.3%
Free cash flow $2.58bn $1.99bn
Cash $2.38bn $604m
Total debt $6.99bn $9.00bn
Debt to equity — —
Dividend per share $3.76 $1.05
Dividend yield 0.8% 1.1%
Share buybacks $1.61bn $616m
Employees — —
Market value $87.02bn $59.69bn
Price vs our value range Above our value range Within our value range
Moat score 90 (Strong) 70 (Moderate)
Insider trades, 12 months 0 buys, 37 sales 3 buys, 32 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.