Msci (MSCI) Operating Margin (2010 - 2026)
Msci's (MSCI) quarterly Operating Margin came in at 56.23% in Q2 2026, up 119.0% on a YoY basis from 25.68% in Q2 2025, and up 4.7% quarter-over-quarter from 53.7% in Q1 2026.
Analysis
Msci (MSCI) Operating Margin (2010 - 2026) Analysis & Trends
Msci (MSCI) has reported Operating Margin for 17 consecutive years, with 56.23% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 119.0% year-over-year to 56.23%; the trailing twelve-month figure through Jun 2026 stood at 55.66% (up 180.0% YoY), and the FY2025 full-year result was 54.67%, up 115.0% from the prior year.
- Operating Margin climbed to 56.23% in Q2 2026 per MSCI's latest filing, from 53.7% in the prior quarter.
- Across five years, Operating Margin topped out at 56.49% in Q3 2023 and bottomed at 49.91% in Q1 2024.
- Historically, Operating Margin has averaged 54.22% across 5 years, with a median of 54.47% in 2022.
- The sharpest annual moves came in 2024 and 2026: Operating Margin tumbled 321 bps in 2024, then jumped 315 bps in 2026.
- Over 5 years, Operating Margin stood at 53.58% in 2022, then advanced by 0 bps to 53.72% in 2023, then grew by 1 bps to 54.5% in 2024, then advanced by 3 bps to 56.37% in 2025, then declined by 0 bps to 56.23% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 56.23%, 53.7%, and 56.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 123.17 Bn | 119.03 Bn | 2.98 Bn | 43.70% |
| 2 | Moodys | 81.80 Bn | 80.31 Bn | 1.67 Bn | 47.87% |
| 3 | Msci | 40.24 Bn | 39.89 Bn | 717.10 Mn | 56.23% |
| 4 | Verisk Analytics | 23.14 Bn | 22.59 Bn | 572.90 Mn | 45.11% |
| 5 | Factset Research Systems | 10.10 Bn | 9.80 Bn | 310.73 Mn | 26.70% |
| 6 | Morningstar | 7.41 Bn | 6.88 Bn | 423.90 Mn | 24.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.23% |
| Mar 31, 2026 | 53.70% |
| Dec 31, 2025 | 56.37% |
| Sep 30, 2025 | 56.42% |
| Jun 30, 2025 | 55.04% |
| Mar 31, 2025 | 50.55% |
| Dec 31, 2024 | 54.50% |
| Sep 30, 2024 | 55.38% |
| Jun 30, 2024 | 54.04% |
| Mar 31, 2024 | 49.91% |
| Dec 31, 2023 | 53.72% |
| Sep 30, 2023 | 56.49% |
| Jun 30, 2023 | 55.69% |
| Mar 31, 2023 | 53.12% |
| Dec 31, 2022 | 53.58% |
| Sep 30, 2022 | 55.21% |
| Jun 30, 2022 | 54.44% |
| Mar 31, 2022 | 51.61% |
| Dec 31, 2021 | 51.03% |
| Sep 30, 2021 | 54.19% |