1Q 2021 Investor Presentation
$2,000
$1,000
$0
60
$ Millions
$7,000
7.8%
$6,000
$5,000
5.8%
$4,000
Historically, Moody's Revenue and Interest
Rates Have Not Been Strongly Correlated
MCO revenue and interest rates
+200bps
4.7%
$3,000
1994
1995
1996
6.5%
MIS Revenue (L)
MIS Revenue Guidance
MA Revenue (L)
MA Revenue Guidance
MCO Revenue (L)
10-yr U.S. Treasury Yield (R)1
Note: Gray bars reflect periods of significant increases in the 10-year Treasury Yield.
1.
2.
10-yr U.S. Treasury Yields are represented by the rate at the end-of-period.
Guidance as of April 28, 2021.
Source: www.treasury.gov.
Moody's | Better decisions
1999
+180bps
2003
2004
2005
+100bps
3.3%
3.0%
2.3%
1.8%
2010
2011
2012
2013
2014
2018
+120bps
2019
2020
1Q 2021 Investor Presentation 68
2021F
6%
5%
4%
3%
2%
1%
0%
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9%
8%
7%
0.9%View entire presentation