Msci (MSCI) EV to EBITDA (2010 - 2026)
Msci's EV to EBITDA was 18.13 in Q3 2026, down 20.5% from 22.82 a year earlier and down 7.6% from the prior quarter.
Powered by 
Analysis
Msci (MSCI) EV to EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Msci's EV to EBITDA was 17.54 through Sep 30, 2026, down 21.0% year-over-year; for FY2025, it was 21.81, down 19.1% from FY2024.
- In earlier years, EV to EBITDA was 26.97 in FY2024 (-7.1%), 29.03 in FY2023 (+6.7%), 27.20 in FY2022 (-34.2%) and 41.35 in FY2021 (+13.5%).
- The Q3 2026 figure marks the lowest quarterly EV to EBITDA since Q4 2018.
- Compared with a year earlier, EV to EBITDA has declined for five straight quarters, with an average decline of 13.7% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q4 2021 (growth of 13.5%); the worst was Q3 2022 (a decline of 42.1%).
- Per Business Quant data, MSCI's EV to EBITDA in the three quarters before Q3 2026 was 19.63 (Q2 2026), 19.53 (Q1 2026) and 21.81 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.13 |
| Jun 30, 2026 | 19.63 |
| Mar 31, 2026 | 19.53 |
| Dec 31, 2025 | 21.81 |
| Sep 30, 2025 | 22.82 |
| Jun 30, 2025 | 24.53 |
| Mar 31, 2025 | 24.75 |
| Dec 31, 2024 | 26.97 |
| Sep 30, 2024 | 26.97 |
| Jun 30, 2024 | 23.24 |
| Mar 31, 2024 | 28.09 |
| Dec 31, 2023 | 29.03 |
| Sep 30, 2023 | 27.32 |
| Jun 30, 2023 | 25.84 |
| Mar 31, 2023 | 32.20 |
| Dec 31, 2022 | 27.20 |
| Sep 30, 2022 | 25.30 |
| Jun 30, 2022 | 25.81 |
| Mar 31, 2022 | 32.82 |
| Dec 31, 2021 | 41.35 |
API Access
Msci EV to EBITDA 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=ev-to-ebitda&ticker=MSCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=MSCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();