Msci (MSCI) EV to FCF (2010 - 2026)
Msci's EV to FCF came in at 25.26 for Q2 2026, down 17.5% from 30.61 a year earlier but up 1.5% from the prior quarter.
Msci (MSCI) EV to FCF (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Msci reported EV to FCF of 24.44, down 17.8% year-over-year; for FY2025, it came in at 26.93, down 14.5% from FY2024.
- Going back by year, EV to FCF was 31.50 in FY2024 (-13.7%), 36.49 in FY2023 (+9.0%), 33.47 in FY2022 (-37.1%) and 53.21 in FY2021 (+18.1%).
- The five-year range for quarterly EV to FCF is 24.89 (Q1 2026) to 55.82 (Q3 2021).
- Year-over-year, EV to FCF has declined for four consecutive quarters, with an average decline of 11.1% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2021 (growth of 56.6%), and the weakest in Q3 2022 (a decline of 43.6%).
- Business Quant data shows MSCI's EV to FCF at 24.89 (Q1 2026), 26.93 (Q4 2025) and 28.61 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 134.43 Bn | 125.01 Bn | 2.98 Bn |
| 2 | Moodys | 84.73 Bn | 77.02 Bn | 1.67 Bn |
| 3 | Msci | 44.90 Bn | 43.38 Bn | 739.80 Mn |
| 4 | Verisk Analytics | 26.31 Bn | 20.94 Bn | 572.90 Mn |
| 5 | Equifax | 21.98 Bn | 21.25 Bn | 940.10 Mn |
| 6 | TransUnion | 16.04 Bn | 12.87 Bn | - |
| 7 | Factset Research Systems | 12.35 Bn | 11.21 Bn | 308.40 Mn |
| 8 | Morningstar | 8.49 Bn | 6.39 Bn | 423.90 Mn |
| 9 | Mastercard | 557.78 Bn | 517.71 Bn | - |
| 10 | Cme | 110.43 Bn | 98.52 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.35 |
| Jun 30, 2026 | 25.26 |
| Mar 31, 2026 | 24.89 |
| Dec 31, 2025 | 26.93 |
| Sep 30, 2025 | 28.61 |
| Jun 30, 2025 | 30.61 |
| Mar 31, 2025 | 29.77 |
| Dec 31, 2024 | 31.50 |
| Sep 30, 2024 | 31.45 |
| Jun 30, 2024 | 28.63 |
| Mar 31, 2024 | 35.07 |
| Dec 31, 2023 | 36.49 |
| Sep 30, 2023 | 34.84 |
| Jun 30, 2023 | 31.06 |
| Mar 31, 2023 | 39.87 |
| Dec 31, 2022 | 33.47 |
| Sep 30, 2022 | 31.70 |
| Jun 30, 2022 | 34.76 |
| Mar 31, 2022 | 42.51 |
| Dec 31, 2021 | 53.59 |
Msci EV to FCF 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-fcf&ticker=MSCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=MSCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();