Msci (MSCI) Change in Taxes (2009 - 2026)
Msci (MSCI) reported Change in Taxes of $13.2 million for Q3 2026, compared with -$67.1 million a year earlier.
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Analysis
Msci (MSCI) Change in Taxes (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Msci's Change in Taxes came in at $54.11 million; for FY2025, it came in at $28.61 million, up 76.8% from FY2024.
- Change in Taxes has a five-year compound annual growth rate of 19.8% (FY2020 to FY2025).
- By year, Change in Taxes came in at $16.18 million in FY2024, -$21.93 million in FY2023, -$49.3 million in FY2022 and $33.9 million in FY2021 (+192.1%).
- Five-year quarterly Change in Taxes spans a low of -$67.1 million in Q3 2025 and a high of $75.71 million in Q4 2025.
- The high point for year-over-year Change in Taxes in five years was Q1 2022 (growth of 284.3%); the low point was Q4 2021 (a decline of 49.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at -$60.3 million (Q2 2026), $25.5 million (Q1 2026) and $75.71 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 133.88 Bn | 124.46 Bn | 2.98 Bn | -306.00 Mn |
| 2 | Moodys | 84.51 Bn | 77.44 Bn | 1.50 Bn | -3.00 Mn |
| 3 | Msci | 44.68 Bn | 43.16 Bn | 739.80 Mn | 13.20 Mn |
| 4 | Verisk Analytics | 26.54 Bn | 21.17 Bn | 572.90 Mn | -68.10 Mn |
| 5 | Equifax | 21.92 Bn | 21.19 Bn | 940.10 Mn | - |
| 6 | TransUnion | 16.07 Bn | 12.89 Bn | - | - |
| 7 | Factset Research Systems | 12.30 Bn | 11.15 Bn | 308.40 Mn | 31.24 Mn |
| 8 | Morningstar | 8.46 Bn | 6.36 Bn | 423.90 Mn | -25.10 Mn |
| 9 | Mastercard | 557.08 Bn | 517.01 Bn | - | - |
| 10 | Cme | 110.43 Bn | 98.52 Bn | - | -368.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.20 Mn |
| Jun 30, 2026 | -60.30 Mn |
| Mar 31, 2026 | 25.50 Mn |
| Dec 31, 2025 | 75.73 Mn |
| Sep 30, 2025 | -67.12 Mn |
| Jun 30, 2025 | -12.80 Mn |
| Mar 31, 2025 | 32.80 Mn |
| Dec 31, 2024 | 34.07 Mn |
| Sep 30, 2024 | 21.71 Mn |
| Jun 30, 2024 | -61.75 Mn |
| Mar 31, 2024 | 22.15 Mn |
| Dec 31, 2023 | -4.28 Mn |
| Sep 30, 2023 | 15.08 Mn |
| Jun 30, 2023 | -51.91 Mn |
| Mar 31, 2023 | 19.18 Mn |
| Dec 31, 2022 | 28.61 Mn |
| Sep 30, 2022 | -59.50 Mn |
| Jun 30, 2022 | -42.66 Mn |
| Mar 31, 2022 | 24.26 Mn |
| Dec 31, 2021 | 21.92 Mn |
API Access
Msci Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=MSCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "MSCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=MSCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();