MSCI Inc. MSCI
NYSE MSCI
$656.67 +10.22 (+1.58%)
As of: Nov 10, 2026 · 3:59 PM EST

Msci (MSCI) FCF Margin (2010 - 2026)

Updated

Msci (MSCI) posted FCF Margin of 47.39% for Q3 2026, down 8.75 percentage points from 56.14% a year earlier but up 5.89 percentage points from the prior quarter.

Analysis

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

For the trailing twelve months through Sep 30, 2026, FCF Margin at Msci was 45.89%, down 2.44 percentage points year-over-year; for FY2025, it came in at 49.42%, down 1.97 percentage points from FY2024.

  • Annual FCF Margin shows a five-year change of +2.87 percentage points (FY2020 to FY2025).
  • In prior years, Msci's FCF Margin was 51.39% in FY2024 (+3.42 pp), 47.98% in FY2023 (-0.13 pp), 48.11% in FY2022 (+3.28 pp) and 44.83% in FY2021 (-1.73 pp).
  • Quarterly FCF Margin has run from a low of 35.73% in Q1 2026 to a high of 59.42% in Q4 2025 over five years.
  • On a year-over-year basis, FCF Margin has declined in each of the last three quarters, with an average year-over-year change of -2.58 percentage points over the last eight quarters.
  • The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2022, with a gain of 16.19 percentage points; the weakest was Q3 2023, with a drop of 11.06 percentage points.
  • According to Business Quant data, FCF Margin for the three prior quarters was 41.50% (Q2 2026), 35.73% (Q1 2026) and 59.42% (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 S&P Global 136.14 Bn 125.99 Bn 2.64 Bn 31.46%
2 Moodys 87.37 Bn 80.29 Bn 1.50 Bn 33.02%
3 Msci 46.53 Bn 45.01 Bn 739.80 Mn 47.39%
4 Verisk Analytics 25.76 Bn 20.40 Bn 572.90 Mn 36.95%
5 Equifax 21.57 Bn 20.84 Bn 940.10 Mn 25.81%
6 TransUnion 15.42 Bn 12.11 Bn - 27.63%
7 Factset Research Systems 11.51 Bn 10.36 Bn 308.40 Mn 27.94%
8 Morningstar 9.02 Bn 6.91 Bn 431.40 Mn 23.12%
9 Mastercard 571.76 Bn 531.85 Bn - 49.61%
10 Cme 109.34 Bn 97.67 Bn - 61.60%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 47.39%
Jun 30, 2026 41.50%
Mar 31, 2026 35.73%
Dec 31, 2025 59.42%
Sep 30, 2025 56.14%
Jun 30, 2025 42.05%
Mar 31, 2025 38.90%
Dec 31, 2024 56.00%
Sep 30, 2024 57.26%
Jun 30, 2024 48.12%
Mar 31, 2024 43.51%
Dec 31, 2023 55.81%
Sep 30, 2023 45.98%
Jun 30, 2023 45.50%
Mar 31, 2023 43.55%
Dec 31, 2022 53.77%
Sep 30, 2022 57.04%
Jun 30, 2022 37.91%
Mar 31, 2022 43.38%
Dec 31, 2021 48.52%
API Access

Msci FCF Margin 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=fcf-margin&ticker=MSCI&period=max&api_key=YOUR_API_KEY