Moody's Corporation Financial Ratios — MCO Stock

Profitability	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Return on Common Equity (%)	14.36	14.43	15.51	16.05	17.42	14.75	3.98	14.14	16.31	15.58	17.2	18.62	10.41	11.36	13.39
Return on Assets (%)	22.35	21.1	20.18	19.26	21.82	19.27	5.11	14.38	14.46	14.37	15.68	16.35	9.47	11.09	13.66
Return on Capital (%)	11.38	11.66	12.16	12.33	12.94	10.64	3.31	9.55	10.7	10.44	11.36	12.16	7.36	8.54	10.02
Return on Invested Capital (%)	71.53	59.32	45.54	37.08	38.68	36.1	28.11	26.69	25.7	24.44	24.62	23.12	14.46	17.14	20.14
Gross Margin (%)	70.24	70.03	70.88	72.33	72.1	71.98	71.71	71.08	71.96	71.28	72.54	73.67	70.5	71.48	72.56
EBITDA Margin (%)	41.3	42.71	43.8	45.32	46.22	45.73	45.92	47.62	47.65	47.11	49.66	49.87	42.57	43.9	48.08
Operating Margin (%)	38.04	39.23	40.38	42.18	43.35	42.47	42.4	43.86	43.33	42.97	45.56	45.74	36.52	37.59	42
Incremental Operating Margin (%)	28.92	49.01	46.17	62.51	52.99	22.84	40.52	52.63	33.89	38.86	68.63	46.87	112.93	50.67	64.25
Pretax Margin (%)	35.16	36.82	37.51	39.34	43.82	39.59	15.48	42.51	37.63	37.48	41.5	44.31	32.19	32.71	38.08
Profit Margin (%)	24.99	25.05	25.27	27.06	29.65	27.01	7.4	23.81	29.48	29.45	33.1	35.61	25.13	27.16	29.03
Net Income to Common Margin (%)	24.99	25.05	25.27	27.06	29.65	27.01	7.4	23.81	29.48	29.45	33.1	35.61	25.13	27.16	29.03
Effective Tax Rate (%)	28.14	31.17	31.67	30.22	31.14	31.17	50.57	43.59	21.05	21.05	20.28	19.64	21.93	16.9	23.71
Dvd Payout Ratio (%)	19	20.7	20.16	23.85	23.06	28.41	100.04	28.57	25.34	26.32	23.65	20.91	37.48	35.05	30.1
Sustainable Growth Rate (%)	11.63	11.44	12.39	12.23	13.4	10.56	- -	10.1	12.18	11.48	13.13	14.73	6.51	7.38	9.36

Credit	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Debt	1,240	1,244	1,671	2,102	2,547	3,381	3,363	5,540	5,676	6,155	6,943	7,973	7,863	7,415	7,746
LT Debt	1,228	1,172	1,607	2,102	2,547	3,381	3,063	5,111	5,226	6,066	6,849	7,868	7,757	7,307	6,947
ST Debt	11	71	64	- -	- -	- -	300	429	450	89	94	105	106	108	799
Total Debt/EBITDA	1.48	1.28	1.4	1.56	1.65	2.12	2.03	2.77	2.68	2.71	2.6	2.57	3.38	2.86	2.27
Net Debt/EBITDA	0.69	0.5	-0.07	0.14	0.86	1.02	0.79	2.23	1.89	1.65	1.43	1.81	2.41	1.88	1.47
Total Debt/EBIT	1.6	1.39	1.52	1.68	1.76	2.28	2.2	3	2.95	2.97	2.84	2.8	3.94	3.33	2.6
Net Debt/EBIT	0.75	0.54	-0.08	0.15	0.92	1.1	0.86	2.42	2.07	1.81	1.56	1.97	2.81	2.19	1.69
EBITDA to Interest Expense	15.09	14.45	17.33	13.85	12.48	12.77	9.84	8.9	9.2	10.11	13.01	15.43	9.46	8.07	10.05
EBITDA-CapEx/Interest Expense	15.09	14.45	17.33	13.85	12.48	12.77	9.84	8.9	9.2	10.11	13.01	15.43	9.46	8.07	10.05
EBIT to Interest Expense	13.9	13.28	15.98	12.89	11.7	11.86	9.09	8.2	8.37	9.22	11.94	14.15	8.12	6.91	8.78
Interest Expense	56	67	69	97	124	125	168	225	230	225	205	201	246	322	339
Common Equity/Total Assets	147.21	145.32	119.08	120.71	129.53	131.54	125.62	86.91	90.25	94.1	88.76	86.96	94.93	100.27	103.67
Long-Term Debt/Equity (%)	- -	- -	342.8	491.19	5,937.76	- -	- -	- -	796.65	724.73	388.49	269.82	288.47	210.21	186.4
Long-Term Debt/Capital (%)	24.61	21.34	24.84	28.03	28.86	32.74	29.87	38.66	36.12	37.82	37.73	37.6	35.82	32.86	28.97
Long-Term Debt/Total Assets (%)	48.35	40.77	40.58	47.82	54.56	66.25	57.5	59.47	54.86	59.09	55.19	53.6	54.06	49.97	44.8
Total Debt/Equity (%)	-415.42	-1,270.48	356.41	491.19	5,937.76	-1,015.2	-327.36	-4,822.02	865.24	735.36	393.82	273.42	292.41	213.32	207.83
Total Debt/Capital (%)	24.84	22.64	25.82	28.03	28.86	32.74	32.8	41.9	39.23	38.38	38.25	38.1	36.31	33.35	32.3
Total Debt/Total Assets (%)	48.8	43.25	42.19	47.82	54.56	66.25	63.13	64.47	59.58	59.96	55.95	54.31	54.8	50.71	49.96
Net Debt to Equity	-194.37	-494.18	-17.96	42.6	3,095.1	-487.45	-127.66	-3,889.47	608.38	447.91	216.96	192.11	209	140.13	134.69
Net Debt/Capital (%)	13.39	10.22	-1.79	3.27	17.46	18.95	15.99	36.78	31.22	26.39	24.59	29.31	28.26	24.23	23.27
EBITDA	839	974	1,196	1,347	1,541	1,593	1,655	2,002	2,117	2,275	2,667	3,101	2,328	2,597	3,408
EBITDA-CapEx	839	974	1,196	1,347	1,541	1,593	1,655	2,002	2,117	2,275	2,667	3,101	2,328	2,597	3,408
Operating Income (Loss)	773	895	1,102	1,254	1,446	1,480	1,528	1,844	1,925	2,075	2,447	2,844	1,997	2,224	2,977

Liquidity	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Cash Ratio	0.72	0.68	1.52	1.85	1.4	1.83	0.92	0.57	0.87	1.01	1.21	0.76	0.78	0.88	0.83
Current Ratio	1.44	1.26	2.17	2.6	2.24	2.66	1.34	1.25	1.61	1.92	2.03	1.61	1.72	1.74	1.47
Quick Ratio	1.25	1.12	2.06	2.45	2.06	2.49	1.28	1.13	1.48	1.75	1.86	1.45	1.48	1.54	1.33
CFO/Avg Current Liab	0.6	0.78	0.72	0.8	0.87	0.99	0.69	0.34	0.7	0.84	1.04	0.85	0.61	0.88	0.93
Common Equity/Total Assets	147.21	145.32	119.08	120.71	129.53	131.54	125.62	86.91	90.25	94.1	88.76	86.96	94.93	100.27	103.67
Long-Term Debt/Equity (%)	- -	- -	342.8	491.19	5,937.76	- -	- -	- -	796.65	724.73	388.49	269.82	288.47	210.21	186.4
Long-Term Debt/Capital (%)	24.61	21.34	24.84	28.03	28.86	32.74	29.87	38.66	36.12	37.82	37.73	37.6	35.82	32.86	28.97
Long-Term Debt/Total Assets (%)	48.35	40.77	40.58	47.82	54.56	66.25	57.5	59.47	54.86	59.09	55.19	53.6	54.06	49.97	44.8
Total Debt/Equity (%)	-415.42	-1,270.48	356.41	491.19	5,937.76	-1,015.2	-327.36	-4,822.02	865.24	735.36	393.82	273.42	292.41	213.32	207.83
Total Debt/Capital (%)	24.84	22.64	25.82	28.03	28.86	32.74	32.8	41.9	39.23	38.38	38.25	38.1	36.31	33.35	32.3
Total Debt/Total Assets (%)	48.8	43.25	42.19	47.82	54.56	66.25	63.13	64.47	59.58	59.96	55.95	54.31	54.8	50.71	49.96
CFO/Total Liabilities	23.01	27.01	23.57	23.36	22.02	22.04	19.82	8.67	16.47	17.77	20.16	17.04	12.64	19.3	24.1
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	6.53	7.1	6.41	7.08	7.92	7.3	6.33	8.48	7.55	8.16	8.21	9.29	7.86	9.26	9.82

Working Capital	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Accounts Receivable Turnover	4.31	4.62	4.91	4.52	4.49	4.37	4.27	4.13	3.65	3.57	3.77	3.95	3.24	3.57	4.1
Days Sales Outstanding	84.64	79	74.3	80.8	81.37	83.51	85.54	88.32	99.99	102.27	96.81	92.45	112.54	102.14	89.09
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	56.52	44.53	51.79	53.58	51.97	46.94	40.3	48.45	48.11	40.79	38.31	38.07	32.59	44.99	51.18
Accounts Payable Turnover Days	6.46	8.2	7.05	6.81	7.02	7.78	9.06	7.53	7.59	8.95	9.53	9.59	11.2	8.11	7.13
Cash Conversion Cycle	78.18	70.81	67.25	73.98	74.34	75.73	76.49	80.79	92.4	93.32	87.28	82.87	101.34	94.03	81.96
Inventory to Cash Days	84.64	79	74.3	80.8	81.37	83.51	85.54	88.32	99.99	102.27	96.81	92.45	112.54	102.14	89.09
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Market Capitalization	5,295	6,574	9,845	15,312	18,186	18,325	16,842	26,477	25,458	43,075	52,618	70,880	50,350	70,985	86,059
- Cash & Cash Equivalents	660	760	1,755	1,920	1,220	1,757	2,052	1,072	1,685	1,832	2,597	1,811	1,769	2,130	2,408
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	11	71	84	91	231	232	198	213	197	225	194	189	170	158	162
+ Total Debt	1,240	1,244	1,671	2,102	2,547	3,381	3,363	5,540	5,676	6,155	6,943	7,973	7,863	7,415	7,746
Enterprise Value	5,873	7,114	9,827	15,398	19,286	19,706	18,178	31,047	29,513	47,525	57,059	77,140	56,524	76,365	90,993
Total Capital	4,990	5,494	6,472	7,498	8,826	10,325	10,253	13,222	14,470	16,039	18,151	20,927	21,654	22,235	23,982
Total Debt/Capital (%)	24.84	22.64	25.82	28.03	28.86	32.74	32.8	41.9	39.23	38.38	38.25	38.1	36.31	33.35	32.3
Total Debt / EV	0.21	0.17	0.17	0.14	0.13	0.17	0.19	0.18	0.19	0.13	0.12	0.1	0.14	0.1	0.09
EV/Sales	2.89	3.12	3.6	5.18	5.78	5.66	5.04	7.39	6.64	9.84	10.62	12.41	10.34	12.91	12.84
EV/EBITDA	7	7.3	8.22	11.43	12.51	12.37	10.98	15.51	13.94	20.89	21.39	24.88	24.28	29.4	26.7
EV/EBIT	7.6	7.95	8.91	12.28	13.34	13.32	11.89	16.84	15.33	22.9	23.32	27.12	28.3	34.34	30.57
EV/Cash Flow to Firm	8.47	8.37	11.29	15.48	17.47	15.35	13.54	35.2	17.97	25.65	24.71	35.61	33.93	31.57	29.38
EV/Free Cash Flow to Firm	8.47	8.37	11.29	15.48	17.47	15.35	13.54	35.2	17.97	25.65	24.71	35.61	33.93	31.57	29.38
Diluted Market Cap	5,331	6,664	9,995	15,598	18,531	18,627	17,078	26,906	25,830	43,599	53,095	71,451	50,569	71,294	86,485
Diluted Enterprise Value	5,922	7,219	9,995	15,871	20,089	20,483	18,587	31,588	30,018	48,147	57,635	77,802	56,833	76,737	91,985
EV per Share	24.99	31.44	44.03	70.18	91.53	98.48	94.33	162.46	154.03	251.06	304.15	413.84	307.36	416.84	500.51
TTM Sales	2,032	2,281	2,730	2,972	3,334	3,484	3,604	4,204	4,443	4,829	5,371	6,218	5,468	5,916	7,088
TTM EBITDA	839	974	1,196	1,347	1,541	1,593	1,655	2,002	2,117	2,275	2,667	3,101	2,328	2,597	3,408
TTM Operating Income	773	895	1,102	1,254	1,446	1,480	1,528	1,844	1,925	2,075	2,447	2,844	1,997	2,224	2,977
TTM Cash Flow to Firm	693	850	870	995	1,104	1,284	1,342	882	1,643	1,853	2,309	2,167	1,666	2,419	3,097
TTM Free Cash Flow to Firm	693	850	870	995	1,104	1,284	1,342	882	1,643	1,853	2,309	2,167	1,666	2,419	3,097

Multiples	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Price/Earnings	10.43	11.51	14.27	19.03	18.39	19.47	63.17	26.45	19.43	30.29	29.59	32.01	36.64	44.17	41.82
Price/Earnings Average	9.82	11.41	11.54	15.13	16.69	19.81	65.35	22.39	22.7	25.01	26.99	28.19	39.22	36.8	38
Price/Earnings High	14.36	16.61	16.7	21.59	21.79	24.21	80.11	29.37	27.49	31.99	32.28	34.35	52.54	45.25	44.52
Price/Earnings Low	8.56	10.49	10.95	11.09	15.47	18.18	56.21	17.85	18.91	18.09	17.32	22.01	30.81	31.33	31.81
Price/Book Value	1.42	1.57	2.09	2.89	3.01	2.73	2.52	3.55	2.96	4.46	4.78	5.55	3.7	4.84	5.35
Price/Book Value Average	1.33	1.56	1.69	2.29	2.73	2.78	2.6	3	3.46	3.68	4.36	4.89	3.96	4.03	4.87
Price/Book Value High	1.95	2.27	2.44	3.27	3.56	3.39	3.19	3.94	4.19	4.71	5.21	5.96	5.3	4.96	5.7
Price/Book Value Low	1.16	1.43	1.6	1.68	2.53	2.55	2.24	2.39	2.88	2.66	2.8	3.82	3.11	3.43	4.07
Price/Tangible Book Value	-5.68	-6.61	-24.94	-33.37	-13.74	-11.39	-7.18	-4.81	-5.43	-9.83	-11.4	-12.77	-9.39	-15.67	-20.7
Price/Tangible Book Value Average	-5.35	-6.55	-20.18	-26.52	-12.47	-11.59	-7.42	-4.08	-6.34	-8.11	-10.39	-11.25	-10.05	-13.06	-18.81
Price/Tangible Book Value High	-7.82	-9.54	-29.2	-37.84	-16.27	-14.17	-9.1	-5.35	-7.68	-10.38	-12.43	-13.7	-13.47	-16.06	-22.04
Price/Tangible Book Value Low	-4.66	-6.03	-19.15	-19.44	-11.55	-10.64	-6.38	-3.25	-5.28	-5.87	-6.67	-8.78	-7.9	-11.12	-15.75
Price/Sales	2.61	2.88	3.61	5.15	5.45	5.26	4.67	6.3	5.73	8.92	9.8	11.4	9.21	12	12.14
Price/Sales Average	2.45	2.86	2.92	4.09	4.95	5.35	4.83	5.33	6.69	7.36	8.94	10.04	9.86	10	11.03
Price/Sales High	3.59	4.16	4.22	5.84	6.46	6.54	5.93	6.99	8.11	9.42	10.69	12.23	13.2	12.29	12.93
Price/Sales Low	2.14	2.63	2.77	3	4.59	4.91	4.16	4.25	5.57	5.33	5.73	7.84	7.74	8.51	9.23
Price/Cash Flow	8.1	8.18	11.96	16.52	17.85	15.3	13.38	35.07	17.42	25.72	24.52	35.35	34.16	33	30.32
Price/Cash Flow Average	7.63	8.11	9.67	13.13	16.2	15.57	13.84	29.69	20.35	21.23	22.36	31.13	36.56	27.49	27.56
Price/Cash Flow High	11.17	11.81	14	18.74	21.15	19.02	16.96	38.94	24.65	27.16	26.75	37.93	48.97	33.8	32.28
Price/Cash Flow Low	6.65	7.46	9.18	9.63	15.01	14.28	11.9	23.67	16.95	15.36	14.35	24.3	28.72	23.41	23.06
Price/Free Cash Flow	8.16	8.3	12.14	16.83	18.19	15.55	13.56	35.64	17.68	26.03	24.74	35.64	34.31	33.14	30.47
Price/Free Cash Flow Average	7.68	8.22	9.82	13.38	16.51	15.82	14.03	30.17	20.65	21.49	22.57	31.38	36.72	27.61	27.69
Price/Free Cash Flow High	11.24	11.97	14.21	19.09	21.55	19.33	17.2	39.58	25.01	27.49	26.99	38.23	49.19	33.95	32.44
Price/Free Cash Flow Low	6.7	7.56	9.32	9.81	15.3	14.52	12.07	24.05	17.2	15.55	14.48	24.5	28.84	23.51	23.18
EV/Sales	2.89	3.12	3.6	5.18	5.78	5.66	5.04	7.39	6.64	9.84	10.62	12.41	10.34	12.91	12.84
EV/Sales Average	2.74	3.1	2.92	4.19	5.42	5.88	5.25	6.45	7.64	8.31	9.78	11.06	11	10.92	11.81
EV/Sales High	3.88	4.4	4.22	5.93	6.93	7.07	6.34	8.11	9.05	10.36	11.53	13.25	14.35	13.21	13.7
EV/Sales Low	2.43	2.87	2.77	3.09	5.05	5.44	4.58	5.36	6.52	6.27	6.58	8.86	8.89	9.43	10.01
EV/EBITDA	7	7.3	8.22	11.43	12.51	12.37	10.98	15.51	13.94	20.89	21.39	24.88	24.28	29.4	26.7
EV/EBITDA Average	6.65	7.26	6.66	9.24	11.72	12.87	11.44	13.53	16.02	17.63	19.7	22.17	25.84	24.87	24.56
EV/EBITDA High	9.4	10.31	9.64	13.09	14.99	15.47	13.82	17.03	18.99	22	23.22	26.57	33.7	30.1	28.5
EV/EBITDA Low	5.89	6.72	6.32	6.83	10.93	11.9	9.97	11.26	13.68	13.31	13.25	17.76	20.87	21.48	20.82
EV/EBIT	7.6	7.95	8.91	12.28	13.34	13.32	11.89	16.84	15.33	22.9	23.32	27.12	28.3	34.34	30.57
EV/EBIT Average	7.22	7.9	7.22	9.92	12.5	13.86	12.39	14.69	17.62	19.33	21.47	24.18	30.12	29.04	28.12
EV/EBIT High	10.2	11.22	10.45	14.07	15.98	16.65	14.96	18.48	20.89	24.12	25.31	28.97	39.28	35.14	32.62
EV/EBIT Low	6.39	7.32	6.86	7.33	11.66	12.82	10.79	12.23	15.04	14.59	14.44	19.36	24.33	25.08	23.84
Last Price	22.53	29.05	44.11	69.79	86.31	91.58	87.4	138.55	132.87	227.55	280.48	380.26	273.79	387.47	473.37
High Price	31.04	41.93	51.63	79.15	102.24	113.87	110.83	153.86	187.98	240.31	305.96	407.94	392.53	396.91	503.95
Low Price	18.5	26.49	33.86	40.67	72.57	85.5	77.76	93.51	129.26	135.92	164.19	261.38	230.16	274.81	360.05
Enterprise Value	5,873	7,114	9,827	15,398	19,286	19,706	18,178	31,047	29,513	47,525	57,059	77,140	56,524	76,365	90,993
Enterprise Value Average	5,577	7,072	7,963	12,442	18,063	20,505	18,931	27,096	33,925	40,112	52,530	68,764	60,153	64,582	83,703
Enterprise Value High	7,886	10,044	11,523	17,639	23,100	24,641	22,866	34,084	40,205	50,039	61,938	82,391	78,450	78,157	97,118
Enterprise Value Low	4,939	6,550	7,557	9,196	16,849	18,964	16,494	22,552	28,954	30,278	35,342	55,072	48,590	55,788	70,957

Per Share Data Items	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Shares Outstanding	231	222	223	214	204	196	191	191	191	188	187	186	183	182	180
Diluted Weighted Avg Shares	237	229	227	224	215	203	195	194	194	192	189	188	185	184	183
Basic Weighted Avg Shares	235	226	223	219	211	200	193	191	192	189	188	186	184	183	182
Revenue per Share	8.65	10.08	12.23	13.55	15.82	17.41	18.7	22	23.19	25.51	28.63	33.36	29.73	32.29	38.99
EBITDA per Share	3.57	4.3	5.36	6.14	7.31	7.96	8.59	10.48	11.05	12.02	14.22	16.64	12.66	14.18	18.75
Operating Income per Share	3.29	3.95	4.94	5.71	6.86	7.4	7.93	9.65	10.05	10.96	13.04	15.26	10.86	12.14	16.38
Basic EPS, GAAP	2.16	2.52	3.09	3.67	4.69	4.7	1.38	5.24	6.84	7.51	9.48	11.88	7.47	8.77	11.32
Basic EPS from Cont Ops	2.18	2.55	3.13	3.72	4.77	4.75	1.43	5.27	6.89	7.55	9.47	11.88	7.47	8.78	11.33
Diluted EPS, GAAP	2.15	2.49	3.05	3.6	4.61	4.63	1.36	5.15	6.74	7.42	9.39	11.78	7.44	8.73	11.26
Diluted EPS from Cont Ops	2.17	2.52	3.09	3.65	4.69	4.67	1.41	5.19	6.79	7.46	9.39	11.78	7.44	8.74	11.27
Dividend per Share	0.42	0.53	0.64	0.9	1.12	1.36	1.48	1.52	1.76	2	2.24	2.48	2.8	3.08	3.41
Cash Flow per Share	2.78	3.55	3.69	4.22	4.83	5.99	6.53	3.95	7.63	8.85	11.44	10.76	8.02	11.74	15.61
Free Cash Flow per Basic Share	2.78	3.55	3.69	4.22	4.83	5.99	6.53	3.95	7.63	8.85	11.44	10.76	8.02	11.74	15.61
Cash & Equivalents per Share	2.86	3.42	7.94	9.6	7.96	11.16	11.55	6.19	9.49	10.2	14.37	10.2	10.11	11.97	16.36
Book Value per Share	15.91	18.47	21.13	24.18	28.7	33.55	34.73	39.08	44.87	51.02	58.71	68.48	74.07	80.03	88.42
Tangible Book Value per Share	-3.97	-4.39	-1.77	-2.09	-6.28	-8.04	-12.18	-28.78	-24.48	-23.15	-24.61	-29.77	-29.15	-24.72	-22.87

Moody's Corporation

Profitability

Credit

Liquidity

Working Capital

Enterprise Value

Multiples

Per Share Data Items