| Stage | MCO | % of rev | SPGI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.0B | 100.00% | $3.7B | 100.00% | SPGI ×1.82 |
| Gross profit | $1.5B | 74.10% | $2.6B | 71.89% | MCO +2.2pp |
| Operating income | $906M | 44.78% | $2.0B | 53.18% | SPGI +8.4pp |
| Pre-tax income | $968M | 47.85% | $1.9B | 50.92% | SPGI +3.1pp |
| Net income | $736M | 36.38% | $1.3B | 36.65% | SPGI +0.3pp |
| Stage | MCO | SPGI | Gap · A − B |
|---|---|---|---|
| Revenue | $2.0B100.00% | $3.7B100.00% | SPGI ×1.82 |
| Gross profit | 74.10%$1.5B | 71.89%$2.6B | MCO +2.2pp |
| Operating income | 44.78%$906M | 53.18%$2.0B | SPGI +8.4pp |
| Pre-tax income | 47.85%$968M | 50.92%$1.9B | SPGI +3.1pp |
| Net income |
| 36.38%$736M |
| 36.65%$1.3B |
| SPGI +0.3pp |
MCO · DKS 10-KMar 27 '26
“As of January 31, 2026, our Senior Notes have long-term credit ratings by Moody's and Standard & Poor's rating agencies of Baa2 and BBB, respectively.”
SPGI · DKS 10-KMar 27 '26
“As of January 31, 2026, our Senior Notes have long-term credit ratings by Moody's and Standard & Poor's rating agencies of Baa2 and BBB, respectively.”
MCO · JLL 10-KFeb 19 '26
“We are currently assigned corporate credit ratings from Moody's and S&P based on their evaluation of our creditworthiness.”
SPGI · JLL 10-KFeb 19 '26
“We are currently assigned corporate credit ratings from Moody's and S&P based on their evaluation of our creditworthiness.”
MCO · ALLY 10-KFeb 25 '26
“Each of S&P's Rating Services, Moody's Investors Service, Inc., Fitch, Inc., and DBRS rates some or all of our debt, and these ratings reflect the rating agency's opinion of our financial strength, operating performance, strategic position, and ability to meet our obligations.”
SPGI · ALLY 10-KFeb 25 '26
“Each of S&P's Rating Services, Moody's Investors Service, Inc., Fitch, Inc., and DBRS rates some or all of our debt, and these ratings reflect the rating agency's opinion of our financial strength, operating performance, strategic position, and ability to meet our obligations.”
MCO · VMI 10-KFeb 24 '26
“As of the latest assessments, our credit ratings were Baa2 (stable outlook) by Moody's Ratings and BBB+ (stable outlook) by S&P Global Ratings.”
SPGI · VMI 10-KFeb 24 '26
“As of the latest assessments, our credit ratings were Baa2 (stable outlook) by Moody's Ratings and BBB+ (stable outlook) by S&P Global Ratings.”
MCO · CFR 10-KFeb 5 '26
“The following table summarizes Moody's and/or Standard & Poor's bond ratings for our portfolio of held-to-maturity securities issued by States and political subdivisions and other securities as of December 31, 2025:”
SPGI · CFR 10-KFeb 5 '26
“The following table summarizes Moody's and/or Standard & Poor's bond ratings for our portfolio of held-to-maturity securities issued by States and political subdivisions and other securities as of December 31, 2025:”
MCO · AMG 10-KFeb 17 '26
“We are currently rated A3 by Moody's Investors Service and BBB+ by S&P Global Ratings.”
SPGI · AMG 10-KFeb 17 '26
“We are currently rated A3 by Moody's Investors Service and BBB+ by S&P Global Ratings.”
MCO · VOYA 10-KFeb 20 '26
“We and our subsidiaries are currently subject to periodic review by independent credit rating agencies such as S&P, Moody's, Fitch and A.M. Best, each of which currently maintain an investment grade rating with respect to us or our subsidiaries as further detailed in Liquidity and Capital Resources—Ratings in Management's Discussion and Analysis of Financial Condition and Results of Operations in Part II, Item 7. of this Annual Report on Form 10-K.”
SPGI · VOYA 10-KFeb 20 '26
“We and our subsidiaries are currently subject to periodic review by independent credit rating agencies such as S&P, Moody's, Fitch and A.M. Best, each of which currently maintain an investment grade rating with respect to us or our subsidiaries as further detailed in Liquidity and Capital Resources—Ratings in Management's Discussion and Analysis of Financial Condition and Results of Operations in Part II, Item 7. of this Annual Report on Form 10-K.”
MCO · FR 10-KFeb 11 '26
“As of December 31, 2025, our senior unsecured notes have been assigned credit ratings from Standard & Poor's, Moody's and Fitch Ratings of BBB/Stable, Baa2/Stable and BBB+/Stable, respectively.”
SPGI · FR 10-KFeb 11 '26
“As of December 31, 2025, our senior unsecured notes have been assigned credit ratings from Standard & Poor's, Moody's and Fitch Ratings of BBB/Stable, Baa2/Stable and BBB+/Stable, respectively.”
MCO · CMC 10-KOct 16 '26
“Our senior unsecured notes are rated by Standard & Poor's Corporation, Moody's Investors Service and Fitch Group, Inc.”
SPGI · CMC 10-KOct 16 '26
“Our senior unsecured notes are rated by Standard & Poor's Corporation, Moody's Investors Service and Fitch Group, Inc.”
MCO · FAF 10-KFeb 18 '26
“The applicable spread varies depending upon the Debt Rating assigned by Moody's Investor Service, Inc., Standard & Poor's Rating Services and/or Fitch Ratings Inc.”
SPGI · FAF 10-KFeb 18 '26
“The applicable spread varies depending upon the Debt Rating assigned by Moody's Investor Service, Inc., Standard & Poor's Rating Services and/or Fitch Ratings Inc.”
MCO · SIGI 10-KFeb 9 '26
“Our S&P, Moody's, and Fitch financial strength and credit ratings influence our ability to advantageously access capital markets more than our AM Best rating.”
SPGI · SIGI 10-KFeb 9 '26
“Most policyholders are required by various third-party agreements, primarily with lenders, to maintain insurance policies from a carrier with a minimum rating from AM Best or Standard & Poor's Global Ratings.”
MCO · ESNT 10-KFeb 19 '25
“The financial strength ratings of our U.S. mortgage insurance subsidiary, Essent Guaranty, Inc., are A3 with a positive outlook by Moody's Investors Service, Inc. (Moody's), A- with a stable outlook by S&P Global Ratings (S&P), and A (Excellent) with a stable outlook by A.M. Best Company (AM Best).”
SPGI · ESNT 10-KFeb 19 '25
“The financial strength ratings of our U.S. mortgage insurance subsidiary, Essent Guaranty, Inc., are A3 with a positive outlook by Moody's Investors Service, Inc. (Moody's), A- with a stable outlook by S&P Global Ratings (S&P), and A (Excellent) with a stable outlook by A.M. Best Company (AM Best).”
MCO · RLI 10-KFeb 20 '26
“Our insurance companies are rated for overall financial strength by AM Best, Standard & Poor's and Moody's.”
SPGI · RLI 10-KFeb 20 '26
“Our insurance companies are rated for overall financial strength by AM Best, Standard & Poor's and Moody's.”
MCO · CNO 10-KFeb 24 '26
“Moody's affirmed its "A3" financial strength ratings of our primary insurance subsidiaries on June 18, 2025.”
SPGI · CNO 10-KFeb 24 '26
“S&P affirmed its "A-" financial strength ratings of our primary insurance subsidiaries on June 24, 2025.”
MCO · GAP 10-KMar 17 '26
“We currently have corporate credit ratings of BB+ with a stable outlook from Standard & Poor's ("S&P") and Ba2 with a positive outlook from Moody's.”
SPGI · GAP 10-KMar 17 '26
“We currently have corporate credit ratings of BB+ with a stable outlook from Standard & Poor's ("S&P") and Ba2 with a positive outlook from Moody's.”
MCO · SBCF 10-KFeb 27 '26
“Economic forecast data is sourced from Moody's, a firm widely recognized for its research, analysis, and economic forecasts.”
SPGI · SBCF 10-KFeb 27 '26
“Source: S&P Global Market Intelligence © 2026”
MCO · SPNT 10-KFeb 24 '26
“The maintenance of an "A-" or better financial strength rating from AM Best and/or an "A3" or better financial strength rating from Moody's is particularly important to our operating insurance and reinsurance subsidiaries in order to bind property and casualty insurance and reinsurance business in most markets.”
SPGI · SPNT 10-KFeb 24 '26
“Similarly, maintaining investment grade credit rating (e.g., "BBB-" or better from S&P or Fitch) is important to our ability to access the capital markets on acceptable terms.”
MCO · AGO 10-KFeb 27 '26
“However, the Company believes it has competitive advantages over BAM due to: AG's larger capital base; AG's ability to insure larger transactions and issuances in more diverse bond sectors; BAM's higher leverage ratios than those of AG; and AG's strong financial strength ratings from multiple rating agencies (in the case of AG, AA+ from Kroll Bond Rating Agency (KBRA), AA from S&P and A1 from Moody's, compared with BAM's AA solely from S&P).”
SPGI · AGO 10-KFeb 27 '26
“However, the Company believes it has competitive advantages over BAM due to: AG's larger capital base; AG's ability to insure larger transactions and issuances in more diverse bond sectors; BAM's higher leverage ratios than those of AG; and AG's strong financial strength ratings from multiple rating agencies (in the case of AG, AA+ from Kroll Bond Rating Agency (KBRA), AA from S&P and A1 from Moody's, compared with BAM's AA solely from S&P).”
MCO · OMF 10-KFeb 6 '26
“S&P, Moody's, and KBRA rate OMFC's debt.”
SPGI · OMF 10-KFeb 6 '26
“S&P, Moody's, and KBRA rate OMFC's debt.”
MCO · CP 10-KFeb 26 '26
“During the first quarter of 2025 , Moody's Investor Service ("Moody's") upgraded the Company's Long-term debt rating to Baa1 stable.”
SPGI · CP 10-KFeb 26 '26
“During the fourth quarter of 2025 , Standard & Poor's Rating Services ("Standard & Poor's") upgraded the Company's credit rating to BBB+ positive.”