← MOODYS CORP /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $266.6m | $1.0b | $1.3b | $1.4b | $1.8b | $2.2b | $1.4b | $1.6b | $2.1b | $2.5b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $275.8m | $1.0b | $1.3b | $1.4b | $1.8b | $2.2b | $1.4b | $1.6b | $2.1b | $2.5b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $9.2m | $7.1m | $9.8m | $7.0m | ($1.0m) | $0 | $0 | $1.0m | $1.0m | $3.0m | |
| Depreciation and amortization | $92.5m | $96.9m | $191.9m | $200.0m | $220.0m | $257.0m | $331.0m | $373.0m | $431.0m | $480.0m | |
| Amortization of Intangible Assets | $34.2m | $61.4m | $101.7m | $103.0m | $124.0m | $158.0m | $200.0m | $198.0m | $198.0m | $215.0m | |
| Depreciation, Nonproduction | — | — | $90.2m | $97.0m | $96.0m | $99.0m | $131.0m | $175.0m | $233.0m | $265.0m | |
| Deferred Income Tax Expense (Benefit) | ($153.1m) | $88.3m | ($98.9m) | ($38.0m) | ($44.0m) | ($218.0m) | $48.0m | ($38.0m) | ($62.0m) | ($17.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $98.1m | $122.9m | $130.3m | $136.0m | $154.0m | $175.0m | $169.0m | $193.0m | $220.0m | $232.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $44.4m | $48.8m | $62.2m | $77.0m | $104.0m | $83.0m | $87.0m | $71.0m | $91.0m | $99.0m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $221.0m | $234.0m | |
| Operating Lease, Impairment Loss | — | — | — | — | $21.0m | — | — | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | — | — | — | $9.0m | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | $36.0m | $0 | $4.0m | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | ($14.0m) | ($9.0m) | $0 | $0 | — | — | $23.0m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($24.0m) | ($13.0m) | $70.0m | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | $11.4m | $13.3m | $13.8m | $13.0m | $6.0m | $60.0m | $17.0m | $19.0m | $15.0m | $20.0m | |
| Income Tax Expense (Benefit) | $282.2m | $779.1m | $351.6m | $381.0m | $452.0m | $541.0m | $386.0m | $327.0m | $640.0m | $668.0m | |
| Other Nonoperating Income (Expense) | $57.1m | ($4.7m) | $18.8m | $20.0m | $46.0m | $82.0m | $38.0m | $49.0m | $61.0m | ($31.0m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $104.8m | $148.1m | $136.1m | $134.0m | ($31.0m) | $257.0m | ($34.0m) | $12.0m | $187.0m | $203.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $50.1m | ($16.8m) | ($11.4m) | ($18.0m) | $2.0m | ($1.0m) | ($10.0m) | ($30.0m) | $0 | ($9.0m) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $14.0m | $13.0m | $11.0m | |
| Goodwill | $1.0b | $3.8b | $3.8b | $3.7b | $4.6b | $6.0b | $5.8b | $6.0b | $6.0b | $6.4b | |
| Investment Income, Interest | $10.9m | $16.0m | $14.7m | $17.0m | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($80.7m) | ($22.3m) | ($197.2m) | ($188.0m) | ($159.0m) | ($89.0m) | ($123.0m) | ($202.0m) | ($176.0m) | ($221.0m) | |
| Operating Expenses | $3.0b | $2.4b | $2.6b | $2.8b | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $71.8m | $48.8m | $38.3m | $36.0m | $39.0m | $24.0m | $8.0m | $32.0m | $53.0m | $28.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | ($8.0m) | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | ($13.0m) | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $3.7m | ($6.7m) | ($200k) | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.2b | $747.5m | $1.5b | $1.7b | $2.1b | $2.0b | $1.5b | $2.2b | $2.8b | $2.9b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $115.2m | $90.6m | $90.4m | $69.0m | $103.0m | $139.0m | $283.0m | $271.0m | $317.0m | $326.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $80.8m | $3.5b | $289.3m | $162.0m | $897.0m | $2.2b | $97.0m | $3.0m | $221.0m | $227.0m | |
| Payments to Acquire Investments | — | — | — | $138.0m | $181.0m | $437.0m | $320.0m | $143.0m | $651.0m | $188.0m | |
| Net Cash Provided by (Used in) Investing Activities | $102.0m | ($3.4b) | ($406.4m) | $36.0m | ($1.1b) | ($2.6b) | ($262.0m) | ($247.0m) | ($1.1b) | $2.0m | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $738.8m | $199.7m | $202.6m | $991.0m | $503.0m | $750.0m | $983.0m | $490.0m | $1.3b | $1.6b | |
| Payments of Ordinary Dividends, Common Stock | $285.1m | $290.4m | $337.2m | $378.0m | $420.0m | $463.0m | $515.0m | $564.0m | $620.0m | $701.0m | |
| Dividends Payable, Current | $78.5m | $6.2m | $6.5m | $7.0m | $11.0m | $6.0m | $6.0m | $7.0m | $32.0m | $8.0m | |
| Net Cash Provided by (Used in) Financing Activities | ($1.0b) | $1.6b | ($411.5m) | ($1.6b) | ($351.0m) | ($122.0m) | ($1.2b) | ($1.6b) | ($1.4b) | ($3.1b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($24.2m) | $85.3m | ($29.7m) | ($1.0m) | $47.0m | ($50.0m) | ($46.0m) | $41.0m | ($58.0m) | $136.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($24.2m) | $85.3m | ($29.7m) | $147.0m | $765.0m | ($786.0m) | ($42.0m) | $361.0m | $278.0m | ($24.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $1.8b | $2.6b | $1.8b | $1.8b | $2.1b | $2.4b | $2.4b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | $198.0m | $281.0m | $280.0m | $235.0m | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $825.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.