Msci (MSCI) Return on Invested Capital [ROIC] (2009 - 2026)
Msci (MSCI) reported Return on Invested Capital [ROIC] of 44.06% for Q3 2026, up 5.87 percentage points from 38.19% a year earlier and up 0.81 percentage points from the prior quarter.
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Analysis
Msci (MSCI) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Msci posted Return on Invested Capital [ROIC] of 38.74%, up 4.67 percentage points from FY2024.
- Return on Invested Capital [ROIC] has increased for four consecutive years, with a five-year change of +12.52 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 34.07% in FY2024 (+2.12 pp), 31.95% in FY2023 (+5.10 pp), 26.85% in FY2022 (+0.63 pp) and 26.22% in FY2021 (unchanged).
- The Q3 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2010.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last 18 quarters, with an average year-over-year change of +5.09 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2026 (a gain of 6.58 percentage points); the low point was Q4 2021 (a drop of 3.25 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 43.25% (Q2 2026), 42.49% (Q1 2026) and 38.62% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Msci | 235.55 Bn | 234.03 Bn | 739.80 Mn | 44.06% |
| 2 | S&P Global | 137.22 Bn | 132.42 Bn | 2.64 Bn | 14.90% |
| 3 | Moodys | 88.04 Bn | 81.11 Bn | 1.50 Bn | 27.86% |
| 4 | Verisk Analytics | 26.17 Bn | 22.36 Bn | 567.00 Mn | 31.95% |
| 5 | Equifax | 22.05 Bn | 21.44 Bn | 940.10 Mn | 9.29% |
| 6 | TransUnion | 15.64 Bn | 12.48 Bn | - | 7.66% |
| 7 | Factset Research Systems | 11.49 Bn | 10.35 Bn | 308.40 Mn | 16.92% |
| 8 | Morningstar | 9.15 Bn | 7.04 Bn | 431.40 Mn | 17.75% |
| 9 | Mastercard | 570.55 Bn | 530.63 Bn | - | 56.59% |
| 10 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 11.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 44.06% |
| Jun 30, 2026 | 43.25% |
| Mar 31, 2026 | 42.49% |
| Dec 31, 2025 | 38.62% |
| Sep 30, 2025 | 38.19% |
| Jun 30, 2025 | 36.78% |
| Mar 31, 2025 | 35.90% |
| Dec 31, 2024 | 34.23% |
| Sep 30, 2024 | 32.89% |
| Jun 30, 2024 | 31.61% |
| Mar 31, 2024 | 31.04% |
| Dec 31, 2023 | 32.14% |
| Sep 30, 2023 | 32.13% |
| Jun 30, 2023 | 30.28% |
| Mar 31, 2023 | 28.51% |
| Dec 31, 2022 | 29.03% |
| Sep 30, 2022 | 28.28% |
| Jun 30, 2022 | 28.56% |
| Mar 31, 2022 | 25.86% |
| Dec 31, 2021 | 23.04% |
API Access
Msci Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MSCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MSCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();