Moody’s Named to the Fortune 500

Rhea-AI Summary

Moody’s Corporation (NYSE:MCO) has been included in the Fortune 500 for the first time, highlighting its robust strategy and resilient workforce. In 2020, Moody’s achieved record revenue growth of $5.4 billion due to heightened demand for its data and analytics amid the COVID-19 pandemic. CEO Rob Fauber credited the success to employee dedication and strategic focus during challenging times. The company's commitment to transparency and informed decision-making, paired with over a century of financial market experience, positions it well for future growth.

Positive

• First-time inclusion in the Fortune 500, indicating strong strategic position.
• Record revenue of $5.4 billion in 2020, driven by high demand for data and analytics.

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• None.

Moody’s Corporation (NYSE:MCO) today announced that it has been named to the Fortune 500 for the first time, reflecting the strength and momentum of its strategy as a global integrated risk assessment firm and the resilience of its global employee base.

“Moody’s achieved record revenue growth in 2020, in part because we never wavered in our support for each other and because we stayed focused on providing expertise to our customers when they needed it most,” said Rob Fauber, President & CEO of Moody’s. “Our inclusion in the Fortune 500 recognizes the contribution of our employees in achieving these results – even during challenging times – and I am deeply grateful for their dedication.”

Moody’s generated $5.4 billion in revenue in 2020, due in large part to strong market demand for Moody’s data, analytics, and trusted insights during the COVID-19 pandemic. Recognition in the Fortune 500 reflects the clarity of Moody’s strategic direction and its growth during a period of unprecedented market turbulence.

Building on the heritage of the rating agency, Moody’s Investors Service, in 2007 Moody’s launched Moody’s Analytics to further build the firm’s data and analytical capabilities, serving a broader range of customers to help them make better decisions about a wider range of risks.

ABOUT MOODY’S CORPORATION

Moody’s (NYSE:MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Our data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With over 11,500 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets. Learn more at moodys.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210602005568/en/