Msci (MSCI) Net Margin (2010 - 2026)
Msci's (MSCI) quarterly Net Margin came in at 39.45% in Q2 2026, up 14.0% on a YoY basis from 34.6% in Q2 2025, and down 17.34% quarter-over-quarter from 47.72% in Q1 2026.
Analysis
Msci (MSCI) Net Margin (2010 - 2026) Analysis & Trends
Msci (MSCI) has reported Net Margin for 17 consecutive years, with 39.45% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 14.0% year-over-year to 39.45%; the trailing twelve-month figure through Jun 2026 stood at 40.74% (up 127.0% YoY), and the FY2025 full-year result was 38.36%, down 48.0% from the prior year.
- Net Margin retreated to 39.45% in Q2 2026 per MSCI's latest filing, from 47.72% in the prior quarter.
- Across five years, Net Margin topped out at 58.46% in Q4 2023 and bottomed at 34.61% in Q4 2025.
- Historically, Net Margin has averaged 40.6% across 5 years, with a median of 39.38% in 2026.
- The sharpest annual moves came in 2023 and 2024: Net Margin soared 2114 bps in 2023, then sank 1736 bps in 2024.
- Over 5 years, Net Margin stood at 37.31% in 2022, then surged by 57 bps to 58.46% in 2023, then retreated by 30 bps to 41.09% in 2024, then slipped by 16 bps to 34.61% in 2025, then increased by 14 bps to 39.45% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 39.45%, 47.72%, and 34.61% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 124.03 Bn | 119.89 Bn | 2.98 Bn | 31.91% |
| 2 | Moodys | 82.83 Bn | 81.34 Bn | 1.67 Bn | 40.23% |
| 3 | Msci | 40.50 Bn | 40.15 Bn | 717.10 Mn | 39.45% |
| 4 | Verisk Analytics | 23.26 Bn | 22.71 Bn | 572.90 Mn | 28.35% |
| 5 | Factset Research Systems | 10.11 Bn | 9.81 Bn | 310.73 Mn | 20.34% |
| 6 | Morningstar | 7.50 Bn | 6.97 Bn | 423.90 Mn | 16.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.45% |
| 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 | 58.46% |
| 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% |