Moodys Corporation (MCO) — Tangible Net Worth Ratio

Latest as of March 2026: 42.6%

Moodys Corporation (MCO) has a Tangible Net Worth Ratio of 42.6% as of March 2026. This metric is calculated by deducting intangible assets ($1.80 Billion) from net assets ($3.14 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of Moodys Corporation to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

42.6%
Tangible equity / total equity

Net Assets (Equity)

$3.14 Billion
USD

Intangible Assets

$1.80 Billion
Goodwill, patents, brand value

Total Assets

$14.73 Billion
USD

Moodys Corporation Tangible Net Worth Ratio (2004–2025)

This chart shows how Moodys Corporation's Tangible Net Worth Ratio has changed across 10 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 42.6%, reflecting net assets of $3.14 Billion with intangible assets of $1.80 Billion USD. See MCO days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Moodys Corporation (2004–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Moodys Corporation from 2004 to 2025, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Moodys Corporation (MCO) market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 55.6% $4.21 Billion $1.87 Billion $15.83 Billion ▲ +6.3 pp
2024 49.3% $3.73 Billion $1.89 Billion $15.51 Billion ▲ +8.2 pp
2023 41.1% $3.48 Billion $2.05 Billion $14.62 Billion ▲ +25.7 pp
2021 15.4% $2.92 Billion $2.47 Billion $14.68 Billion ▲ +18.9 pp
2020 -3.5% $1.76 Billion $1.82 Billion $12.41 Billion ▲ +76.8 pp
2019 -80.3% $831.00 Million $1.50 Billion $10.27 Billion ▲ +58.3 pp
2018 -138.6% $656.50 Million $1.57 Billion $9.53 Billion ▼ -199.3 pp
2006 60.8% $167.40 Million $65.70 Million $1.50 Billion ▲ +32.8 pp
2005 28.0% $309.40 Million $222.90 Million $1.46 Billion ▼ -44.6 pp
2004 72.6% $317.50 Million $87.10 Million $1.38 Billion
pp = percentage points