Financial Performance - Moody's Corporation (MCO) reported revenue of $6.2 billion, a 16% increase, with Moody's Investors Service (MIS) contributing $3.8 billion and Moody's Analytics (MA) $2.4 billion[6] - Adjusted diluted EPS increased by 21% to $12.29[6] - The company projects approximately $2.0 billion in share repurchases and dividends for 2022[6] - The company anticipates MCO revenue to increase by a high-single-digit percentage in 2022, with an adjusted operating margin between 49% and 50%, and an adjusted diluted EPS range of $12.40 to $12.90[6] Moody's Investors Service (MIS) - MIS rated over $6 trillion in issuance during the year[8] - Total MIS rated issuance increased by 9% year-over-year[18] - Structured Finance issuance increased by 123% year-over-year[18] - Leveraged Loans issuance increased by 104% year-over-year[18] - Investment Grade issuance decreased by 36% year-over-year[18] Moody's Analytics (MA) - MA delivered over 55 consecutive quarters of revenue growth[8] - MA organic revenue growth was 9%[23] - MA recurring revenue comprised 95% of total MA revenue[23] - MA added over 2,000 customer accounts in 2021[23]
Moody’s(MCO) - 2021 Q4 - Earnings Call Presentation