Moody's Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.44B | $4.21B | $3.60B | $3.48B | $3.33B | $2.97B | $2.73B | $2.28B |
| Moody's Investors Service | $2.85B | $2.78B | $2.26B | $2.19B | $2.21B | $2.01B | $1.88B | $1.52B |
| Moody's Analytics | $1.59B | $1.43B | $1.34B | $1.29B | $1.12B | $960.0M | $850.0M | $760.0M |
| Cost of Revenue | $1.25B | $1.22B | — | — | — | — | — | — |
| Gross Profit | $3.19B | $2.99B | — | — | — | — | — | — |
| Gross Margin | 71.9% | 71.1% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $51.1M | $42.0M | $40.1M | $29.1M | $37.9M | $22.8M | $16.1M | $29.8M |
| SG&A Expense | $1.08B | $986.0M | $931.2M | $921.3M | $869.3M | $822.1M | $752.2M | $629.6M |
| Operating Income | $1.87B | $1.82B | $650.9M | $1.47B | $1.44B | $1.23B | $1.08B | $888.4M |
| Operating Margin | 42.1% | 43.3% | 18.1% | 42.3% | 43.2% | 41.6% | 39.5% | 39.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.67B | $1.79B | $558.0M | $1.38B | $1.46B | $1.17B | $1.02B | $839.8M |
| Income Tax Expense | $352.0M | $779.0M | $282.2M | $430.0M | $455.0M | $353.4M | $324.3M | $261.8M |
| Net Income | $1.31B | $1.00B | $266.6M | $941.3M | $988.7M | $804.5M | $690.0M | $571.4M |
| Net Margin | 29.5% | 23.8% | 7.4% | 27.0% | 29.7% | 27.1% | 25.3% | 25.1% |
| EPS (Basic) | $6.84 | $5.24 | $1.38 | $4.70 | $4.69 | $3.67 | $3.09 | $2.52 |
| EPS (Diluted) | $6.74 | $5.15 | $1.36 | $4.63 | $4.61 | $3.60 | $3.05 | $2.49 |
| Shares Outstanding (Basic) | 191.6M | 191.1M | 192.7M | 200.1M | 210.7M | 219.4M | 223.2M | 226.3M |
| Shares Outstanding (Diluted) | 194.4M | 194.2M | 195.4M | 203.4M | 214.7M | 223.5M | 226.6M | 229.4M |
| Dividends Per Share | $1.76 | $1.14 | $1.49 | $1.39 | $1.18 | $0.98 | $0.68 | $0.58 |