3Q 2023 Investor Presentation
Corporate Finance: Revenue
MIS Revenue1: Distribution by Geography
■Non-U.S.
■U.S.
68%
66%
66%
66%
65%
63%
68%
66%
69%
65%
70%
32%
34%
34%
34%
35%
37%
32%
34%
31%
35%
30%
MIS Revenue¹: Distribution by Recurring vs. Transaction
■Transaction
■Recurring
25%
23%
28%
30%
38%
45%
39%
35%
35%
38%
50%
75%
72%
77%
70%
62%
61%
65%
65%
62%
55%
50%
3Q21
4Q21
FY21
1Q22 2Q22
3Q22
4Q22 FY22
1Q23 2Q23 3Q23
3Q21 4Q21
FY21
1Q22 2Q22
3Q22
4Q22
FY22
1Q23
2Q23
3Q23
■ Other²
MIS Revenue¹: Distribution by Product
■Investment Grade
■Speculative Grade
■Bank Loans
22%
17%
17%
22%
17%
19%
24%
30%
28%
29%
27%
8%
7%
9%
10%
9%
13%
11%
9%
18%
14%
17%
20%
24%
21%
23%
32%
26%
18%
27%
22%
22%
21%
58%
47%
51%
47%
42%
43%
47%
32%
36%
36%
30%
2Q22
3Q22
4Q22
FY22
1Q23
2Q23
3Q23
3Q21
4Q21
FY21
1Q22
Note: Percentages have been rounded and may not total to 100%.
1.
2.
Historical data has been adjusted to conform with current information and excludes intercompany revenue.
Other includes monitoring, commercial paper, medium term notes and ICRA.
Moody's | Decode risk. Unlock opportunity.
3Q 2023 Investor Presentation
57View entire presentation