Moodys Corporation (MCO) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.13x

Moodys Corporation (MCO) has a Cash Flow Reinvestment Rate of 0.13x as of March 2026, reinvesting $123.00 Million (capex $95.00 Million plus investments $28.00 Million) from operating cash flow of $939.00 Million. See Moodys Corporation free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.13x
(Capex + Investments) / Operating CF

Total Reinvested

$123.00 Million
Capex + Investments

Operating Cash Flow

$939.00 Million
USD

Capital Expenditures

$95.00 Million
USD

Moodys Corporation Cash Flow Reinvestment Rate (1998–2025)

Historical reinvestment intensity for Moodys Corporation across 28 annual periods. For the full cash flow conversion analysis, see Moodys Corporation operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for Moodys Corporation (1998–2025)

Year-by-year capital reinvestment analysis for Moodys Corporation. See financial flexibility index of Moodys Corporation to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.30x $860.00 Million $2.90 Billion $326.00 Million ▼ -38.7%
2024 0.48x $1.37 Billion $2.84 Billion $317.00 Million ▲ +100.9%
2023 0.24x $518.00 Million $2.15 Billion $271.00 Million ▼ -34.9%
2022 0.37x $545.00 Million $1.47 Billion $283.00 Million ▲ +72.8%
2021 0.21x $429.00 Million $2.00 Billion $139.00 Million ▲ +155.1%
2020 0.08x $180.00 Million $2.15 Billion $103.00 Million ▲ +27.7%
2019 0.07x $110.00 Million $1.68 Billion $69.00 Million ▼ -21.9%
2018 0.08x $122.80 Million $1.46 Billion $90.40 Million ▼ -76.7%
2017 0.36x $272.20 Million $754.60 Million $90.60 Million ▲ +7.4%
2016 0.34x $411.70 Million $1.23 Billion $115.20 Million ▲ +313.8%
2015 0.08x $93.60 Million $1.15 Billion $89.00 Million ▼ -74.6%
2014 0.32x $325.20 Million $1.02 Billion $74.60 Million ▲ +40.1%
2013 0.23x $211.20 Million $926.80 Million $42.30 Million ▲ +301.6%
2012 0.06x $46.70 Million $823.10 Million $45.00 Million ▼ -35.0%
2011 0.09x $70.10 Million $803.30 Million $67.70 Million ▼ -28.9%
2010 0.12x $80.20 Million $653.30 Million $79.00 Million ▼ -14.9%
2009 0.14x $92.90 Million $643.80 Million $90.70 Million ▼ -8.6%
2008 0.16x $84.40 Million $534.70 Million $84.40 Million ▼ -14.6%
2007 0.18x $181.80 Million $984.00 Million $181.80 Million ▲ +347.0%
2006 0.04x $31.10 Million $752.50 Million $31.10 Million ▼ -6.5%
2005 0.04x $31.30 Million $707.90 Million $31.30 Million ▲ +7.9%
2004 0.04x $21.30 Million $519.70 Million $21.30 Million ▲ +7.2%
2003 0.04x $17.90 Million $468.40 Million $17.90 Million ▼ -29.3%
2002 0.05x $18.10 Million $334.80 Million $18.10 Million ▲ +11.9%
2001 0.05x $14.80 Million $306.30 Million $14.80 Million ▼ -73.4%
2000 0.18x $12.30 Million $67.60 Million $12.30 Million ▲ +42.2%
1999 0.13x $44.10 Million $344.70 Million $44.10 Million ▼ -21.0%
1998 0.16x $55.40 Million $342.20 Million $55.40 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow