Investor Presentaiton
Healthy Growth in MA's Recurring Revenue Supports
Long-Term Margin Expansion Amidst Investment
MA's strategic shift towards subscriptions and SaaS-based products
100%
78%
90%
MA ADJUSTED OPERATING MARGIN2 EXPANSION
29.4%
MA Renewable Revenue Share
50%
0%
2017
Robust 2020 recurring
revenue growth of 14%
» Solid retention in mid-90's percentage1
>>>
Strength in KYC and compliance solutions
ERS shifted to -80% recurring revenue
2020
1.
Full year 2020.
2.
Includes intercompany revenue and expenses. Changes in expenses include the impact of adjusting items.
Moody's | Better decisions
24.6%
2017
+480 bps
27.8%
26.4%
2018
2019
2020
High growth in recurring products
drives margin expansion
»-160 bps of margin expansion in 2020
» M&A strategy accelerates shift to recurring
revenue
>>> 189 product awards from 2017 onwards
2Q 2021 Investor Presentation 39View entire presentation