As Warren Buffett Nears His Exit, Berkshire’s Amassed Record Cash Moody’s (NYSE:MCO) reported what President and CEO Rob Fauber called a “standout second quarter,” with broad-based growth across its ratings and analytics businesses and higher select full-year guidance metrics.
On the company’s second-quarter 2026 earnings call, Fauber said enterprise revenue rose 15%, adjusted operating income increased 25%, adjusted operating margin expanded 440 basis points to 55.3%, and adjusted diluted earnings per share grew 31% to $4.68. – These ETFs Provide Easy Exposure to Growing International Markets “I think what’s most encouraging is not just the strength of the quarter, but how broad-based it was,” Fauber said
Moody’s raised its expectations for rated issuance growth to the mid-single-digit percent range for the full year and narrowed its adjusted diluted EPS guidance to $16.50 to $17.00, increasing the midpoint to $16.75. The company also raised full-year share repurchase guidance to up to $3 billion. Ratings Business Benefits From Strong Issuance – Your Comprehensive Guide to Investing in Bank Stocks Moody’s Investors Service delivered 25% revenue growth in the quarter, supported by what executives described as broad-based strength across asset classes.
Transaction revenue rose 34%, and Moody’s rated more than $2 trillion of debt for the second consecutive quarter. Adjusted operating margin in MIS expanded 410 basis points from a year earlier to 68.3%. Fauber said issuance growth was supported by several “funding deep currents,” including refinancing, AI-related investment, private credit, digital finance, energy transition and emerging markets.