Investor Presentaiton
MA 2021 Guidance: Revenue Growth and Reinvestment to
Drive Future Expansion
MA Revenue¹
MA Adjusted Operating Margin¹
Mid-teens-digit
% increase
$2.1B
2020
Key drivers of MA FY 2021 outlook¹
2021F
29.4%
Approximately 29%
2020
2021F
>>> Expect recurring revenue proportion and retention rates to persist
through the year
>>>
Introducing medium-term MA adjusted operating margin target of
mid-30's % range²
>>>
Continued emphasis on subscription-based products, shifting away
from one-time projects and services
»
Expense discipline enabling reinvestment and -200 bps in
underlying margin expansion
1.
See press release titled "Moody's to Acquire RMS, Leader In Climate & Natural Disaster Risk" from August 5, 2021 for Moody's complete full year 2021 guidance. Includes assumptions related to RMS's conformity to Moody's accounting
policies, as well as the estimated impact of acquisition accounting.
2. Assumes no material change in effective tax rate, foreign exchange rates, leverage profile and/or capital allocation policy.
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2Q 2021 Investor Presentation 37View entire presentation