What is Moodys Corp worth?
With the base-case assumptions below, a discounted cash flow model on Moodys Corp's reported free cash flow gives $272.68 per share. The share price was $468.70 on September 25, 2026, 72% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 2.5% | 10.0% | $158.69 | -66% |
| Base | 7.5% | 9.0% | $272.68 | -42% |
| Bull | 12.5% | 8.0% | $499.97 | +7% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $357.41 | $383.34 | $415.04 | $454.67 | $505.62 |
| 8.0% | $294.13 | $310.95 | $330.82 | $354.68 | $383.83 |
| 9.0% | $247.91 | $259.41 | $272.68 | $288.16 | $306.46 |
| 10.0% | $212.72 | $220.90 | $230.17 | $240.76 | $252.99 |
| 11.0% | $185.07 | $191.07 | $197.77 | $205.31 | $213.85 |
Where the presets come from
Base: years 1 to 5 grow at Moodys Corp's revenue growth rate over the last 5 fiscal years (7.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions