1Q 2021 Investor Presentation
Long-Term Growth Opportunities
Three levers to achieve EPS growth
REVENUE
Issuance Volume & Mix
High-Single-Digit % Growth Range¹
Coverage
Moody's Analytics
Pricing Initiatives
ADJ. OPERATING MARGIN
High-40s % Range¹
Cost Discipline
Process Re-Engineering +
Technology Enablement
CAPITAL ALLOCATION
Reinvestment
Acquisitions
EPS
Investing for future growth
Dividend Growth & Share Count Reduction²
Dividends
Low-Teens % Growth Range 1,2
1. Assumes no material change in effective tax rate, foreign exchange rates, leverage profile and/or capital allocation policy.
Subject to market conditions and other ongoing capital allocation decisions.
2.
Note: Long-term growth opportunities presented on this slide are on average over time.
Moody's | Better decisions
Share Repurchases
1Q 2021 Investor Presentation 13View entire presentation