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

639.42 16.49 −2.51%
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) Operating margin

Alert me on Operating margin

MSCI Inc's operating margin over the twelve months to 30 September 2026 was 55.7%, up 1.0 percentage points from fiscal 2025 (54.7%). Over the past ten years it has ranged from 37.6% (fiscal 2015) to 54.8% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Financial Data & Stock Exchanges industry median of 29.1% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 54.7% 1.15
FY2024 53.5% (1.23)
FY2023 54.8% 1.04
FY2022 53.7% 1.22
FY2021 52.5% 0.30
FY2020 52.2% 3.68
FY2019 48.5% 0.61
FY2018 47.9% 2.40
FY2017 45.5% 3.08
FY2016 42.4% 4.85

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 56.3% 0.06
Jun 2026 56.2% 2.53
Mar 2026 53.7% (2.67)
Dec 2025 56.4% (0.05)
43 more quarters

Against its own ten years

Low 37.6% High 54.8%
Ten-year median 52.2%
Current reading's percentile 98

Operating margin against peers

Company Operating margin
CME CME Group Inc. compare 65.7%
MSCI MSCI Inc 55.7%
ICE Intercontinental Exchange Inc. compare 52.3%
SPGI S&P Global Inc. compare 46.2%
MCO Moody's Corporation compare 44.6%
CBOE Cboe Global Markets, Inc. compare 36.4%
NDAQ Nasdaq, Inc. compare 29.9%
TRU TransUnion compare 19.3%
COIN Coinbase Global, Inc. compare 3.56%
Financial Data & Stock Exchanges industry median 29.1%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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