Moody's said MIS revenue increased across all LOBs, with CFG up 39%, SFG up 28%, FIG up 33% and PPIF up 18%. The company cited tight credit spreads, declining interest rates driving refinancing activity, and investor demand as yields remained high as factors.

1. 01

   Moody's said MIS revenue increased across all LOBs, with CFG up 39%, SFG up 28%, FIG up 33% and PPIF up 18%. The company cited tight credit spreads, declining interest rates driving refinancing activity, and investor demand as yields remained high as factors.

2. 02

   Moody's said global MA revenue increased 8% and ARR grew 9%. Decision Solutions revenue increased 10%, with revenue and ARR for KYC and compliance solutions rising 18% and 17%, respectively.

3. 03

   The company said annual operating cash flow increased $687 million compared with the prior year, cash used in investing activities increased $809 million and cash used in financing activities decreased $138 million.

4. 04

   Moody's said outstanding debt as of December 31, 2024 was $7.4 billion and additional capacity under its commercial paper program was approximately $1 billion. The company also said remaining authorization for share repurchases as of the same date was approximately $1.6 billion.

Key figures

Fiscal year ended December 31, 2024

Revenue

$7.1B

Operating income

$2.9B

Net income

$2.1B

EPS

$11.26

Operating cash flow

$2.8B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.