Moodys Corporation (MCO) — Free Cash Flow Generation Index
Latest as of March 2026:
0.90x
Moodys Corporation (MCO) has a Free Cash Flow Generation Index of 0.90x as of March 2026. Free cash flow of $844.00 Million represents 1% of operating cash flow ($939.00 Million). See MCO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.90x
Free Cash Flow / Operating CF
Free Cash Flow
$844.00 Million
USD
Operating Cash Flow
$939.00 Million
USD
Capital Expenditures
$95.00 Million
USD
Moodys Corporation Free Cash Flow Generation Index (1998–2025)
Historical FCF Generation Index trend for Moodys Corporation across 28 annual periods. Explore MCO cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Moodys Corporation (1998–2025)
Year-by-year Free Cash Flow Generation Index for Moodys Corporation. For the full company profile including market capitalisation, see MCO market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.89x | $2.58 Billion | $2.90 Billion | $326.00 Million | ▼ -0.1% |
| 2024 | 0.89x | $2.52 Billion | $2.84 Billion | $317.00 Million | ▲ +1.6% |
| 2023 | 0.87x | $1.88 Billion | $2.15 Billion | $271.00 Million | ▲ +8.2% |
| 2022 | 0.81x | $1.19 Billion | $1.47 Billion | $283.00 Million | ▼ -13.2% |
| 2021 | 0.93x | $1.87 Billion | $2.00 Billion | $139.00 Million | ▼ -2.2% |
| 2020 | 0.95x | $2.04 Billion | $2.15 Billion | $103.00 Million | ▼ -0.7% |
| 2019 | 0.96x | $1.61 Billion | $1.68 Billion | $69.00 Million | ▲ +2.2% |
| 2018 | 0.94x | $1.37 Billion | $1.46 Billion | $90.40 Million | ▲ +6.6% |
| 2017 | 0.88x | $664.00 Million | $754.60 Million | $90.60 Million | ▼ -2.9% |
| 2016 | 0.91x | $1.11 Billion | $1.23 Billion | $115.20 Million | ▼ -1.8% |
| 2015 | 0.92x | $1.06 Billion | $1.15 Billion | $89.00 Million | ▼ -0.4% |
| 2014 | 0.93x | $944.00 Million | $1.02 Billion | $74.60 Million | ▼ -2.9% |
| 2013 | 0.95x | $884.50 Million | $926.80 Million | $42.30 Million | ▲ +1.0% |
| 2012 | 0.95x | $778.10 Million | $823.10 Million | $45.00 Million | ▲ +3.2% |
| 2011 | 0.92x | $735.60 Million | $803.30 Million | $67.70 Million | ▲ +4.2% |
| 2010 | 0.88x | $574.30 Million | $653.30 Million | $79.00 Million | ▲ +2.3% |
| 2009 | 0.86x | $553.10 Million | $643.80 Million | $90.70 Million | ▲ +2.0% |
| 2008 | 0.84x | $450.30 Million | $534.70 Million | $84.40 Million | ▲ +3.3% |
| 2007 | 0.82x | $802.20 Million | $984.00 Million | $181.80 Million | ▼ -15.0% |
| 2006 | 0.96x | $721.40 Million | $752.50 Million | $31.10 Million | ▲ +0.3% |
| 2005 | 0.96x | $676.60 Million | $707.90 Million | $31.30 Million | ▼ -0.3% |
| 2004 | 0.96x | $498.40 Million | $519.70 Million | $21.30 Million | ▼ -0.3% |
| 2003 | 0.96x | $450.50 Million | $468.40 Million | $17.90 Million | ▲ +1.7% |
| 2002 | 0.95x | $316.70 Million | $334.80 Million | $18.10 Million | ▼ -0.6% |
| 2001 | 0.95x | $291.50 Million | $306.30 Million | $14.80 Million | ▲ +16.3% |
| 2000 | 0.82x | $55.30 Million | $67.60 Million | $12.30 Million | ▼ -6.2% |
| 1999 | 0.87x | $300.60 Million | $344.70 Million | $44.10 Million | ▲ +4.1% |
| 1998 | 0.84x | $286.80 Million | $342.20 Million | $55.40 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).