Moody's (MCO) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reported quarter increased compared with the same period a year earlier, and also edged up from the preceding quarter. The annual trend shows revenue was consistently higher than prior-year levels throughout the past four quarters.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reported quarter increased compared with the same period a year earlier, and also edged up from the preceding quarter. The annual trend shows revenue was consistently higher than prior-year levels throughout the past four quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+0.5%
Change from the immediately preceding quarter.
Year-over-year
+14.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $1.5B | -3.4% |
| Jun 30, 2023 | $1.5B | +8.2% |
| Sep 30, 2023 | $1.5B | +15.5% |
| Dec 31, 2023 | $1.5B | +14.7% |
Revenue performance
Reported revenue rose compared with the same quarter one year prior, marking a continuation of positive year-over-year momentum. Sequentially, revenue also improved slightly from the immediately preceding quarter.
Quarterly comparison
Compared with the same quarter a year ago, revenue was higher. The sequential comparison with the preceding quarter also reflected a modest increase.
What to watch
Monitor whether revenue growth can sustain the pace of year-over-year increases observed in the recent trend.