Investor Presentaiton
Moody's Corporation Financial Profile
Full Year 2021 Revenue: $6.2 billion
■Recurring ■Transaction
■U.S. ■Non-U.S.
45%
55%
45%
55%
MIS Other¹
<1%
PPIF
8%
FIG
10%
RD&A
28%
MIS
MA
SFG
9%
ERS
11%
CFG
34%
Revenue
Operating Expenses
Operating Margin
>> Increase in the high-single digit % range
>> Increase in the low-double digit % range
Full Year 2022 Guidance as of February 10, 20222
Effective Tax Rate
» 20.5% -22.5%
» $11.50 $12.00
Diluted EPS
>> 44% - 45%
Adjusted Operating Margin³
>> 49% - 50%
Adjusted Diluted EPS³
Share Repurchases
» $12.40 $12.90
» At least $1.5 billion
1.
MIS Other consists of non-ratings revenue from ICRA, KIS Pricing, KIS Research and revenue from ESG research, data and assessments.
2.
3.
See press release titled "Moody's Corporation Reports Results for Fourth Quarter and Full Year 2021; Sets Full Year 2022 and Medium-Term Outlooks" from February 10, 2022 for Moody's complete full year 2022 guidance.
Refer to the Appendix for reconciliations between all adjusted measures mentioned throughout this presentation and U.S. GAAP.
4.
Full year 2022 share repurchase guidance is subject to available cash, market conditions, M&A opportunities and other ongoing capital allocation decisions.
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4Q & FY 2021 Investor Presentation
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