4Q and FY 2022 Investor Presentation slide image

4Q and FY 2022 Investor Presentation

Moody's Corporation Financial Profile Full Year 2022 Revenue: $5.5 billion Recurring ■Transaction 31% 69% ■U.S. ■Non-U.S. 47% 53% DS PPIF 24% 8% MIS1 FIG R&I 9% 13% MA² SFG 8% D&I 13% CFG 23% Revenue Operating Expenses Operating Margin Adjusted Operating Margin Interest Expense, Net Effective Tax Rate Full Year 2023 Guidance as of January 31, 20233 Increase in the mid-to-high-single-digit percent range Increase in the low-single-digit percent range Approximately 37% Diluted EPS Adjusted Diluted EPS Operating Cash Flow Free Cash Flow Share Repurchases $8.05 - $8.55 $9.00 - $9.50 $1.7 $1.9 billion $1.4 $1.6 billion Approximately $250 million 44% - 45% $290 $310 million 20% to 22% 1. Percentages may not sum to 100% due to rounding. Includes MIS Other, <1%; MIS Other consists of financial instruments pricing services in the Asia-Pacific region, ICRA non-ratings revenue and revenue from providing ESG research, data and assessments. Percentages may not sum to 100% due to rounding. 2. 3. Guidance as of January 31, 2023. Refer to Table 11 - "2023 Outlook" in the press release titled "Moody's Corporation Reports Results For Fourth Quarter And Full Year 2022; Sets Outlook For 2023" from January 31, 2023, for a complete list of guidance, reconciliations between adjusted measures and U.S. GAAP and assumptions used by the Company with respect to its guidance. Refer to the Appendix for reconciliations between all adjusted measures mentioned throughout this presentation and U.S. GAAP. Full year 2023 share repurchase guidance is subject to available cash, market conditions, M&A opportunities and other ongoing capital allocation decisions. MOODY'S | DECODE RISK. UNLOCK OPPORTUNITY. 4Q and FY 2022 Investor Presentation 10
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