KPIs & Operating Metrics(New)
Growth Metrics

Msci (MSCI) FCF Margin (2010 - 2026)

Msci posted quarterly FCF Margin of 33.0% for Q1 2026, down 603.0% year-on-year from 6.56% in Q1 2025, and down 44.45% on a QoQ basis from 59.41% in Q4 2025.

Msci (MSCI) has 17 years of FCF Margin data on file, last reported at 33.0% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 603.0% year-over-year to 33.0%; the trailing twelve-month figure through Mar 2026 stood at 47.5% (down 417.0% YoY), and the FY2025 full-year result was 49.42%, down 306.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 33.0%, down from 59.41% in the prior quarter.
  • Across five years, FCF Margin topped out at 59.52% in Q3 2024 and bottomed at 33.0% in Q1 2026.
  • The 5-year median for FCF Margin is 48.74% (2023), against an average of 48.62%.
  • The widest annual swing landed in 2022, when FCF Margin surged 2118 bps; it then slumped 942 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 54.76% in 2022, then climbed by 7 bps to 58.71% in 2023, then retreated by 1 bps to 57.99% in 2024, then climbed by 2 bps to 59.41% in 2025, then slumped by 44 bps to 33.0% in 2026.
  • The last three FCF Margin figures came in at 33.0% (Q1 2026), 59.41% (Q4 2025), and 53.88% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 24.21%
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 65.85%
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 42.39%
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 40.60%
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 29.43%
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 12.93%
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 33.00%
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 152.48%
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 1.53%
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 30.39%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 33.00%
Dec 31, 2025 59.41%
Sep 30, 2025 53.88%
Jun 30, 2025 44.24%
Mar 31, 2025 39.03%
Dec 31, 2024 57.99%
Sep 30, 2024 59.52%
Jun 30, 2024 50.33%
Mar 31, 2024 41.20%
Dec 31, 2023 58.71%
Sep 30, 2023 48.74%
Jun 30, 2023 44.19%
Mar 31, 2023 42.01%
Dec 31, 2022 54.76%
Sep 30, 2022 58.16%
Jun 30, 2022 40.20%
Mar 31, 2022 41.09%
Dec 31, 2021 54.97%
Sep 30, 2021 36.98%
Jun 30, 2021 44.43%
Mar 31, 2021 44.90%
Dec 31, 2020 53.23%
Sep 30, 2020 47.99%
Jun 30, 2020 63.48%
Mar 31, 2020 25.86%
Dec 31, 2019 60.04%
Sep 30, 2019 49.57%
Jun 30, 2019 47.00%
Mar 31, 2019 22.89%
Dec 31, 2018 40.56%
Sep 30, 2018 39.96%
Jun 30, 2018 57.10%
Mar 31, 2018 24.34%
Dec 31, 2017 43.30%
Sep 30, 2017 27.93%
Jun 30, 2017 39.21%
Mar 31, 2017 9.86%
Dec 31, 2016 52.13%
Sep 30, 2016 44.89%
Jun 30, 2016 39.69%
Mar 31, 2016 12.40%
Dec 31, 2015 34.50%
Sep 30, 2015 53.37%
Jun 30, 2015 3.64%
Mar 31, 2015 24.85%
Dec 31, 2014 41.17%
Sep 30, 2014 47.68%
Jun 30, 2014 20.91%
Mar 31, 2014 9.35%
Dec 31, 2013 39.51%
Sep 30, 2013 32.90%
Jun 30, 2013 36.12%
Mar 31, 2013 30.29%
Dec 31, 2012 21.30%
Sep 30, 2012 33.74%
Jun 30, 2012 43.97%
Mar 31, 2012 28.47%
Dec 31, 2011 32.63%
Sep 30, 2011 37.58%
Jun 30, 2011 45.58%
Mar 31, 2011 -13.31%
Nov 30, 2010 28.37%
Aug 31, 2010 31.44%
May 31, 2010 54.69%
Feb 28, 2010 -14.83%