Moodys Corporation (MCO) — Free Cash Flow Generation Index
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). Explore MCO capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Moodys Corporation Free Cash Flow Generation Index (1998–2025)
Historical FCF Generation Index trend for Moodys Corporation across 28 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Moodys Corporation.
Annual Free Cash Flow Generation for Moodys Corporation (1998–2025)
Year-by-year Free Cash Flow Generation Index for Moodys Corporation. Check Moodys Corporation (MCO) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |