MSCI Inc

MSCI Financial Financial Data & Stock Exchanges

MSCI Inc’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 9.75% from fiscal 2024.

Revenue
+12.4%
EPS
+14.3%
Free cash flow
−8.93%
Total debt
+22.0%

Quarter to September 2026, against a year earlier

638.94 16.97 −2.59%
Market cap
$46.9B
P/E
34.8×
Fwd P/E
31.4×
Dividend yield
1.21%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

MSCI Inc (MSCI) Gross margin

Alert me on Gross margin

MSCI Inc's gross margin over the twelve months to 30 September 2026 was 82.9%, up 0.4 percentage points from fiscal 2025 (82.4%). Over the past ten years it has ranged from 75.1% (fiscal 2015) to 82.8% (fiscal 2020); the current reading is higher than 82% of that period. That is above the Financial Data & Stock Exchanges industry median of 72.8% and above the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 82.4% 0.45
FY2024 82.0% (0.35)
FY2023 82.3% 0.32
FY2022 82.0% (0.43)
FY2021 82.5% (0.34)
FY2020 82.8% 1.72
FY2019 81.1% 1.11
FY2018 80.0% 1.44
FY2017 78.5% 0.43
FY2016 78.1% 2.99

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 82.9% 0.23
Jun 2026 82.7% (0.62)
Mar 2026 83.3% 0.76
Dec 2025 82.6% (0.73)
43 more quarters

Against its own ten years

Low 75.1% High 82.8%
Ten-year median 82.0%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
CME CME Group Inc. compare 100.0%
ICE Intercontinental Exchange Inc. compare 98.7%
COIN Coinbase Global, Inc. compare 85.8%
MSCI MSCI Inc 82.9%
MCO Moody's Corporation compare 74.6%
SPGI S&P Global Inc. compare 71.0%
NDAQ Nasdaq, Inc. compare 63.2%
TRU TransUnion compare 58.8%
CBOE Cboe Global Markets, Inc. compare 53.9%
Financial Data & Stock Exchanges industry median 72.8%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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