Msci (MSCI) Net Margin (2010 - 2026)
Msci (MSCI) reported Net Margin of 47.72% for Q1 2026, up 902.0% on a YoY basis from 4.76% in Q1 2025, and up 37.88% quarter-over-quarter from 34.61% in Q4 2025.
Msci (MSCI) Net Margin (2010 - 2026) Analysis & Trends
Msci has reported Net Margin for 17 years, with the latest figure at 47.72% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 902.0% year-over-year to 47.72%; the trailing twelve-month figure through Mar 2026 stood at 40.74% (up 166.0% YoY), and the FY2025 full-year result was 38.36%, down 48.0% from the prior year.
- Net Margin for Q1 2026 stood at 47.72%, up from 34.61% in the prior quarter.
- The five-year high for Net Margin was 58.45% in Q4 2023, with the low at 34.61% in Q4 2025.
- Historically, Net Margin has averaged 40.67% across 5 years, with a median of 39.3% in 2025.
- Annual changes were most pronounced in 2023 — Net Margin surged 2114 bps — and 2024, when it plunged 1736 bps.
- Msci's Net Margin stood at 37.31% in 2022, then jumped by 57 bps to 58.45% in 2023, then declined by 30 bps to 41.09% in 2024, then retreated by 16 bps to 34.61% in 2025, then jumped by 38 bps to 47.72% in 2026.
- The last three Net Margin figures came in at 47.72% (Q1 2026), 34.61% (Q4 2025), and 41.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 36.06% |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 62.12% |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 31.79% |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 48.10% |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 24.29% |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -27.89% |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 47.72% |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 30.18% |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 32.15% |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 21.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.72% |
| Dec 31, 2025 | 34.61% |
| Sep 30, 2025 | 41.01% |
| Jun 30, 2025 | 39.30% |
| Mar 31, 2025 | 38.70% |
| Dec 31, 2024 | 41.09% |
| Sep 30, 2024 | 38.76% |
| Jun 30, 2024 | 37.68% |
| Mar 31, 2024 | 37.64% |
| Dec 31, 2023 | 58.45% |
| Sep 30, 2023 | 41.52% |
| Jun 30, 2023 | 39.74% |
| Mar 31, 2023 | 40.31% |
| Dec 31, 2022 | 37.31% |
| Sep 30, 2022 | 38.63% |
| Jun 30, 2022 | 38.16% |
| Mar 31, 2022 | 40.79% |
| Dec 31, 2021 | 35.26% |
| Sep 30, 2021 | 32.85% |
| Jun 30, 2021 | 33.21% |