AROW vs. MCO

Last updated Apr 2, 2026

Compare and contrast key facts about Arrow Financial Corporation (AROW) and Moody's Corporation (MCO).

Performance

AROW vs. MCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow Financial Corporation (AROW) and Moody's Corporation (MCO). The values are adjusted to include any dividend payments, if applicable.

AROW vs. MCO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AROW Arrow Financial Corporation	9.21%	13.95%	7.15%	-10.78%	2.33%	24.98%	-15.58%	25.41%	-0.08%	-11.10%
MCO Moody's Corporation	-13.92%	8.74%	22.17%	41.52%	-27.80%	35.57%	23.26%	71.26%	-4.10%	58.53%

Fundamentals

Market Cap AROW : $558.04M MCO : $78.41B
EPS AROW : $2.67 MCO : $13.68
PE Ratio AROW : 12.73 MCO : 32.08
PEG Ratio AROW : 5.29 MCO : 4.19
PS Ratio AROW : 2.66 MCO : 10.22
PB Ratio AROW : 1.29 MCO : 19.34
Total Revenue (TTM) AROW : $210.15M MCO : $7.72B
Gross Profit (TTM) AROW : $115.76M MCO : $5.75B
EBITDA (TTM) AROW : $43.23M MCO : $3.39B

Returns By Period

In the year-to-date period, AROW achieves a 9.21% return, which is significantly higher than MCO's -13.92% return. Over the past 10 years, AROW has underperformed MCO with an annualized return of 8.60%, while MCO has yielded a comparatively higher 17.39% annualized return.

AROW

• 1D: 1.28%
• 1M: 1.43%
• YTD: 9.21%
• 6M: 24.29%
• 1Y: 34.17%
• 3Y*: 17.07%
• 5Y*: 5.93%
• 10Y*: 8.60%

MCO

• 1D: 0.58%
• 1M: -5.86%
• YTD: -13.92%
• 6M: -8.17%
• 1Y: -5.66%
• 3Y*: 13.69%
• 5Y*: 8.41%
• 10Y*: 17.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AROW vs. MCO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AROW

AROW Risk / Return Rank: 77
AROW Sharpe Ratio Rank: 78
AROW Sortino Ratio Rank: 74
AROW Omega Ratio Rank: 69
AROW Calmar Ratio Rank: 83
AROW Martin Ratio Rank: 82

MCO

MCO Risk / Return Rank: 30
MCO Sharpe Ratio Rank: 32
MCO Sortino Ratio Rank: 27
MCO Omega Ratio Rank: 27
MCO Calmar Ratio Rank: 34
MCO Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AROW vs. MCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow Financial Corporation (AROW) and Moody's Corporation (MCO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AROW	MCO	Difference
Sharpe ratio Return per unit of total volatility	1.20	-0.19	+1.39
Sortino ratio Return per unit of downside risk	1.81	-0.06	+1.87
Omega ratio Gain probability vs. loss probability	1.22	0.99	+0.23
Calmar ratio Return relative to maximum drawdown	2.74	-0.21	+2.95
Martin ratio Return relative to average drawdown	6.86	-0.59	+7.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AROW vs. MCO - Sharpe Ratio Comparison

The current AROW Sharpe Ratio is 1.20, which is higher than the MCO Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of AROW and MCO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AROW	MCO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	-0.19	+1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.32	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.63	-0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.48	-0.15

Correlation

The correlation between AROW and MCO is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AROW vs. MCO - Dividend Comparison

AROW's dividend yield for the trailing twelve months is around 3.41%, more than MCO's 0.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AROW Arrow Financial Corporation	3.41%	3.63%	3.80%	3.78%	3.12%	2.89%	3.40%	2.69%	3.12%	2.88%	2.42%	3.63%
MCO Moody's Corporation	0.88%	0.74%	0.72%	0.79%	1.26%	0.63%	0.77%	0.84%	1.26%	1.03%	1.57%	1.36%

Drawdowns

AROW vs. MCO - Drawdown Comparison

The maximum AROW drawdown since its inception was -67.11%, smaller than the maximum MCO drawdown of -78.72%. Use the drawdown chart below to compare losses from any high point for AROW and MCO.

Drawdown Indicators

	AROW	MCO	Difference
Max Drawdown Largest peak-to-trough decline	-67.11%	-78.72%	+11.61%
Max Drawdown (1Y) Largest decline over 1 year	-12.58%	-23.61%	+11.03%
Max Drawdown (5Y) Largest decline over 5 years	-50.54%	-41.66%	-8.88%
Max Drawdown (10Y) Largest decline over 10 years	-50.54%	-42.02%	-8.52%
Current Drawdown Current decline from peak	-4.88%	-18.51%	+13.63%
Average Drawdown Average peak-to-trough decline	-12.43%	-17.74%	+5.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.03%	8.57%	-3.54%

Volatility

AROW vs. MCO - Volatility Comparison

The current volatility for Arrow Financial Corporation (AROW) is 6.42%, while Moody's Corporation (MCO) has a volatility of 7.64%. This indicates that AROW experiences smaller price fluctuations and is considered to be less risky than MCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AROW	MCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.42%	7.64%	-1.22%
Volatility (6M) Calculated over the trailing 6-month period	19.89%	21.23%	-1.34%
Volatility (1Y) Calculated over the trailing 1-year period	28.53%	30.25%	-1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.77%	26.13%	+4.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.24%	27.79%	+4.45%

Financials

AROW vs. MCO - Profitability Comparison

The chart below illustrates the profitability comparison between Arrow Financial Corporation and Moody's Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AROW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Arrow Financial Corporation reported a gross profit of 0.00 and revenue of 30.45M. Therefore, the gross margin over that period was 0.0%.

MCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Moody's Corporation reported a gross profit of 1.75B and revenue of 1.89B. Therefore, the gross margin over that period was 92.5%.

AROW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Arrow Financial Corporation reported an operating income of 474.00K and revenue of 30.45M, resulting in an operating margin of 1.6%.

MCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Moody's Corporation reported an operating income of 709.00M and revenue of 1.89B, resulting in an operating margin of 37.5%.

AROW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Arrow Financial Corporation reported a net income of 14.01M and revenue of 30.45M, resulting in a net margin of 46.0%.

MCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Moody's Corporation reported a net income of 610.00M and revenue of 1.89B, resulting in a net margin of 32.3%.