Moody’s Corporation MCO Income Statement

Moody’s corporation (MCO)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue
1,290,000	1,232,900	1,240,500	1,213,600	1,142,000	1,060,400	1,080,800	1,175,100	1,126,700	1,165,400	1,062,900	1,000,500	975,200	942,100	917,100	928,900	816,100	865,900	834,900	918,100	865,600	877,500	816,100	873,500	767,200	779,200	705,500	756,000	731,800	754,200	688,500	640,800	646,800	567,100	531,300	605,200	577,100	564,300	513,300	477,800	476,600	485,800	451,800	450,700	408,900	433,400	487,600
Expenses
Operating
340,000	354,900	350,200	339,900	342,000	304,600	306,300	320,200	314,900	340,300	315,600	284,800	275,300	265,300	253,200	258,900	249,200	251,900	236,100	243,900	244,400	255,500	236,700	222,100	216,000	221,000	203,500	197,100	200,800	221,600	207,300	180,600	185,500	181,200	171,000	170,500	160,800	180,900	153,700	134,300	135,900	146,900	135,100	128,000	122,400	122,700	123,300
Selling, general and administrative
301,000	319,400	291,900	274,700	281,000	278,100	260,300	270,500	271,100	303,500	245,700	216,100	220,700	249,600	225,300	228,600	232,900	252,200	220,800	227,000	221,300	250,300	206,500	217,400	195,100	223,000	187,100	185,000	227,000	236,400	187,400	159,600	168,800	193,200	145,000	142,900	148,500	169,500	152,200	137,500	128,800	144,500	124,300	116,700	110,200	108,100	114,000
Restructuring
-1,000	1,200	-1,000	53,800	6,000	-	0	-	-	-	-	-	-	-	8,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	100	-	100	400	300	-700	-1,100	3,700	3,100	11,800	-1,800	-200
Depreciation and amortization
49,000	50,400	48,600	51,000	50,000	48,400	46,100	48,400	49,100	49,600	43,000	32,900	32,500	32,900	32,700	31,200	29,900	28,700	28,300	27,900	28,600	27,000	23,200	22,300	23,100	23,300	23,400	23,100	23,600	23,800	24,100	22,100	23,500	20,700	19,000	21,800	17,700	17,200	18,100	15,200	15,800	16,600	16,200	15,700	15,600	14,600	16,800
Acquisition-Related Expenses
0	0	0	2,000	1,000	3,900	1,300	2,000	800	-	10,100	6,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss pursuant to the divestiture of MAKS
-9,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
698,000	729,200	691,700	730,100	680,000	684,000	614,000	641,100	635,900	699,700	614,400	540,400	528,500	1,415,200	519,600	518,700	512,000	532,800	485,200	498,800	494,300	532,800	466,400	461,800	434,200	467,300	414,000	405,200	451,400	494,000	418,800	362,300	377,800	395,000	335,200	335,100	327,000	367,700	324,400	287,300	279,800	306,900	279,300	263,500	260,000	243,600	253,900
Impairment of Long-Lived Assets to be Disposed of
-	-	2,000	8,700	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
592,000	503,700	548,800	483,500	462,000	376,400	466,800	534,000	490,800	465,700	448,500	460,100	446,700	-473,100	397,500	410,200	304,100	333,100	349,700	419,300	371,300	344,700	349,700	411,700	333,000	311,900	291,500	350,800	280,400	260,200	269,700	278,500	269,000	172,100	196,100	270,100	250,100	196,600	188,900	190,500	196,800	178,900	172,500	187,200	148,900	189,800	233,700
Non-operating (expense) income, net
Interest expense, net
-40,000	-59,500	-45,900	-50,600	-52,000	-54,500	-56,400	-53,400	-50,700	-58,800	-53,100	-49,700	-47,400	-34,000	-35,400	-34,300	-34,100	-28,100	-25,800	-31,900	-29,300	-29,300	-37,700	-26,000	-23,800	-23,700	-24,400	-21,700	-22,000	-21,600	-15,300	-16,600	-10,300	-16,900	-12,900	-14,100	-18,200	-17,400	-12,800	-9,000	-13,300	-12,500	-11,500	-6,100	-3,300	-12,600	-12,400
Other non-operating income, net
12,000	7,700	9,900	400	2,000	700	2,400	14,900	1,000	800	500	10,400	-7,700	41,600	6,900	3,000	5,600	7,300	19,700	-8,200	2,500	20,400	16,400	-3,300	2,400	13,600	-3,600	7,700	8,800	-2,200	10,000	2,700	-100	400	1,600	8,200	3,300	-6,600	5,300	-3,600	-1,000	900	1,700	-6,500	-4,000	7,500	2,500
Purchase Price Hedge Gain
-	-	-	-	-	-	-	-	-	-	69,900	41,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CCXI Gain
-	-	-	-	-	-	-	-	-	300	0	0	59,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ICRA Gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	102,800	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-operating expense, net
-28,000	-51,800	-36,000	-50,200	-50,000	-53,800	-54,000	-38,500	-49,700	-57,800	17,300	1,900	4,600	7,600	-28,500	-31,300	-28,500	-20,800	-6,100	-40,100	-26,800	-8,900	-21,300	73,500	-21,400	-10,100	-28,000	-14,000	-13,200	-23,800	-5,300	-13,900	-10,400	-16,500	-11,300	-5,900	-14,900	-24,000	-7,500	-12,600	-14,300	-11,600	-9,800	-12,600	-7,300	-5,100	-9,900
Income before provisions for income taxes
564,000	451,900	512,800	433,300	412,000	322,600	412,800	495,500	441,100	407,900	465,800	462,000	451,300	-465,500	369,000	378,900	275,600	312,300	343,600	379,200	344,500	335,800	328,400	485,200	311,600	301,800	263,500	336,800	267,200	236,400	264,400	264,600	258,600	155,600	184,800	264,200	235,200	172,600	181,400	177,900	182,500	167,300	162,700	174,600	141,600	184,700	223,800
Provision for income taxes
77,000	91,300	130,400	121,300	38,000	69,300	100,800	117,600	64,300	379,100	146,100	148,400	105,400	-40,000	112,400	120,800	89,000	91,900	109,800	115,100	113,200	94,400	109,900	160,800	89,900	92,200	76,700	108,400	76,100	74,400	77,900	88,900	83,100	57,500	52,700	73,500	78,100	33,700	44,200	55,300	67,800	64,000	61,000	63,600	50,500	70,900	86,200
Net income
487,000	360,600	382,400	312,000	374,000	253,300	312,000	377,900	376,800	28,800	319,700	313,600	345,900	-425,500	256,600	258,100	186,600	220,400	233,800	264,100	231,300	241,400	218,500	324,400	221,700	209,600	186,800	228,400	191,100	162,000	186,500	175,700	175,500	98,100	132,100	190,700	157,100	138,900	137,200	122,600	114,700	103,300	101,700	111,000	91,100	113,800	137,600
Less: Net (loss) income attributable to noncontrolling interests
-1,000	1,300	3,000	1,700	1,000	2,600	1,800	1,700	3,900	2,900	2,400	1,400	300	3,100	1,300	2,600	2,200	2,500	2,200	2,400	1,200	5,100	3,300	5,200	3,700	2,900	2,900	2,900	2,700	1,900	2,600	3,200	2,000	1,900	1,400	1,700	1,600	1,500	1,200	1,600	1,300	1,400	1,100	1,700	900	800	2,400
Net income attributable to Moody's
488,000	359,300	379,400	310,300	373,000	250,700	310,200	376,200	372,900	25,900	317,300	312,200	345,600	-428,600	255,300	255,500	184,400	217,900	231,600	261,700	230,100	236,300	215,200	319,200	218,000	206,700	183,900	225,500	188,400	160,100	183,900	172,500	173,500	96,200	130,700	189,000	155,500	137,400	136,000	121,000	113,400	101,900	100,600	109,300	90,200	113,000	135,200
Earnings per share attributable to Moody's common shareholders
Basic (in usd per share)
2.60	1.90	2.01	1.64	1.96	1.31	1.62	1.96	1.95	0.14	1.66	1.63	1.81	-2.22	1.33	1.32	0.95	1.10	1.16	1.30	1.14	1.14	1.02	1.51	1.02	0.98	0.84	1.01	0.84	0.71	0.83	0.77	0.78	0.43	0.58	0.83	0.68	0.59	0.58	0.51	0.48	0.43	0.43	0.46	0.38	0.47	0.55
Diluted (in usd per share)
2.57	1.88	1.99	1.62	1.93	1.29	1.59	1.94	1.92	0.13	1.63	1.61	1.78	-2.18	1.31	1.30	0.93	1.10	1.14	1.28	1.11	1.13	1.00	1.48	1.00	0.94	0.83	1.00	0.83	0.72	0.81	0.76	0.76	0.43	0.57	0.82	0.67	0.59	0.58	0.51	0.47	0.43	0.42	0.46	0.38	0.46	0.54
Weighted average number of shares outstanding
Basic (in shares)
187,500	188,400	189,000	189,400	190,400	191,300	191,800	191,900	191,400	191,200	191,100	191,000	191,100	190,700	191,700	193,400	195,000	197,000	199,400	201,300	202,700	206,400	210,400	212,000	214,000	214,200	217,800	222,300	223,300	223,000	222,500	223,900	223,400	222,100	226,000	228,200	228,900	233,500	234,300	235,300	236,900	236,500	236,400	236,100	235,400	241,300	244,600
Diluted (in shares)
189,600	191,200	191,100	191,300	192,800	194,200	194,500	194,400	194,500	194,600	194,100	193,800	194,300	193,600	194,300	195,800	197,900	200,200	202,500	204,400	206,500	210,400	214,200	215,700	218,500	218,600	222,000	226,200	227,200	225,700	226,100	227,200	227,400	225,700	229,000	231,500	231,400	235,100	235,700	236,500	239,100	238,400	238,200	238,100	236,500	244,600	248,100
Dividends declared per share attributable to Moody's common shareholders
-	-	-	-	-	-	-	-	-	-	0.38	0.38	0.00	-	0.37	0.37	-	-	0.34	0.34	-	-	0.28	0.28	0.00	-	0.25	0.20	-	-	0.16	0.16	0.14	-	0.14	0.14	-	-	0.10	0.10	-	-	0.10	0.10	-	0.10	0.10