Msci (MSCI) FCF Margin (2010 - 2026)

Msci (MSCI) reported FCF Margin of 33.0% for Q1 2026, down 603.0% on a YoY basis from 6.56% in Q1 2025, and down 44.45% quarter-over-quarter from 59.41% in Q4 2025.

Msci (MSCI) FCF Margin (2010 - 2026) Analysis & Trends

Msci has reported FCF Margin for 17 years, with the latest figure 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.
  • The five-year high for FCF Margin was 59.52% in Q3 2024, with the low at 33.0% in Q1 2026.
  • Historically, FCF Margin has averaged 48.62% across 5 years, with a median of 48.74% in 2023.
  • Annual changes were most pronounced in 2022 — FCF Margin surged 2118 bps — and 2023, when it plunged 942 bps.
  • Msci's FCF Margin stood at 54.76% in 2022, then advanced by 7 bps to 58.71% in 2023, then fell by 1 bps to 57.99% in 2024, then advanced by 2 bps to 59.41% in 2025, then tumbled 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 122.27 Bn 125.38 Bn 2.94 Bn 24.21%
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 65.85%
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 40.60%
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 42.39%
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 29.43%
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 12.93%
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 33.00%
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 152.48%
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 1.53%
10 Factset Research Systems 8.21 Bn 7.92 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%