On April 25, Moody's
- Revenue increased 32.4% to $583 million, led by strong gains in both global structured finance and corporate finance ratings.
- Operating expenses increased 38% on higher personnel costs and moving to a new headquarters.
- During the quarter, the company repurchased 6.8 million shares at a total cost of $442.6 million. Diluted shares fell 5% year over year.
-
Stock Advisor recommendation Moody's carries a three-star rating in Motley Fool CAPS. Standard & Poor's parent company McGraw-Hill
(NYSE:MHP) , meanwhile, has a five-star rating.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$583.0 |
$440.2 |
32.4% |
|
Net Profit |
$175.4 |
$146.2 |
20% |
|
EPS |
$0.62 |
$0.49 |
26.5% |
|
Diluted Shares |
284.9 |
299.5 |
(4.9%) |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Operating Margin |
52.3% |
54.1% |
(1.9) |
|
Net Margin |
30.1% |
33.2% |
(3.1) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$299.8 |
$605.0 |
(50.4%) |
|
Accounts Rec. |
No Data |
No Data |
No Data |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
No Data |
No Data |
No Data |
|
Long-Term Debt* |
$300 |
$300 |
0% |
The balance sheet reflects the company's health.
Revenue by Segment
|
2007 |
2006 |
Change |
|
|---|---|---|---|
|
Ratings |
$472.4 |
$347.7 |
35.9% |
|
Research |
$75.0 |
$60.2 |
24.6% |
|
Moody's KMV |
$35.6 |
$32.3 |
10.2% |
Related Foolishness:
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
