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MCO vs SPGI stock comparison

Moody’s Corporation vs S&P Global Inc., two Credit Services stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

Moody's at 32.27 times earnings trades dearer than S&P Global at 25.82, the two halves of the ratings-and-financial-data duopoly priced within seven turns despite near-matched economics. Both net around 30-32% of revenue, Moody's 31.7% and S&P's 30.4%; both earn double-digit returns on assets, 16.9% and 7.9%, where Moody's leads sharply. Moody's 79.4% return on equity against S&P's 15.3% is mostly leverage and buybacks, 2.4 turns against 0.51. Both pay small dividends near 0.9%. Moody's premium is its higher asset returns and heavier buyback, S&P's discount its cleaner balance sheet and broader index franchise, and the two are as close to interchangeable as premium businesses get.

Comparison updated 2026-07-11.

MCO vs SPGI: the numbers

MetricMCOSPGI
Price$449.85$408.17
Market cap$79.8B$121.5B
SectorFinancial ServicesFinancial Services
StageMatureMature
Implied growth (priced in)+24.5%+14.6%
P/E32.325.8
P/B25.383.88
P/S10.137.72
EV/EBITDA21.916.8
Revenue growth+9.1%+8.5%
Operating margin44.4%48.0%
Net margin31.7%30.4%
Return on equity79.4%15.3%
Return on assets16.9%7.9%
Dividend yield0.8%0.9%
Debt / equity2.400.51
Current ratio1.160.68
Altman Z (solvency)6.663.84
Piotroski F (quality)7 / 96 / 9
Full MCO report → Full SPGI report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.