Msci (MSCI) FCF Margin (2010 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=MSCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();