4Q and FY 2022 Investor Presentation
Moody's Corporation Financial Profile
Full Year 2022 Revenue: $5.5 billion
Recurring ■Transaction
31%
69%
■U.S.
■Non-U.S.
47%
53%
DS
PPIF
24%
8%
MIS1
FIG
R&I
9%
13%
MA²
SFG
8%
D&I
13%
CFG
23%
Revenue
Operating Expenses
Operating Margin
Adjusted Operating Margin
Interest Expense, Net
Effective Tax Rate
Full Year 2023 Guidance as of January 31, 20233
Increase in the mid-to-high-single-digit percent range
Increase in the low-single-digit percent range
Approximately 37%
Diluted EPS
Adjusted Diluted EPS
Operating Cash Flow
Free Cash Flow
Share Repurchases
$8.05 - $8.55
$9.00 - $9.50
$1.7 $1.9 billion
$1.4 $1.6 billion
Approximately $250 million
44% - 45%
$290 $310 million
20% to 22%
1. Percentages may not sum to 100% due to rounding. Includes MIS Other, <1%; MIS Other consists of financial instruments pricing services in the Asia-Pacific region, ICRA non-ratings revenue and revenue from providing ESG research, data and assessments.
Percentages may not sum to 100% due to rounding.
2.
3. Guidance as of January 31, 2023. Refer to Table 11 - "2023 Outlook" in the press release titled "Moody's Corporation Reports Results For Fourth Quarter And Full Year 2022; Sets Outlook For 2023" from January 31, 2023, for a complete list of guidance, reconciliations
between adjusted measures and U.S. GAAP and assumptions used by the Company with respect to its guidance. Refer to the Appendix for reconciliations between all adjusted measures mentioned throughout this presentation and U.S. GAAP. Full year 2023 share
repurchase guidance is subject to available cash, market conditions, M&A opportunities and other ongoing capital allocation decisions.
MOODY'S | DECODE RISK. UNLOCK OPPORTUNITY.
4Q and FY 2022 Investor Presentation
10View entire presentation