Msci (MSCI) Tax Rate (2010 - 2026)
Msci posted quarterly Tax Rate of 4.32% for Q1 2026, down 1715.0% year-on-year from 0.27% in Q1 2025, and down 116.11% on a QoQ basis from 26.79% in Q4 2025.
Msci (MSCI) has 17 years of Tax Rate data on file, last reported at 4.32% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 1715.0% year-over-year to 4.32%; the trailing twelve-month figure through Mar 2026 stood at 14.99% (down 295.0% YoY), and the FY2025 full-year result was 19.54%, up 132.0% from the prior year.
- Tax Rate for Q1 2026 stood at 4.32%, down from 26.79% in the prior quarter.
- Across five years, Tax Rate topped out at 26.79% in Q4 2025 and bottomed at 4.32% in Q1 2026.
- The 5-year median for Tax Rate is 18.26% (2023), against an average of 16.25%.
- The widest annual swing landed in 2025, when Tax Rate soared 1087 bps; it then slumped 1715 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 19.07% in 2022, then declined by 28 bps to 13.78% in 2023, then climbed by 15 bps to 15.92% in 2024, then soared by 68 bps to 26.79% in 2025, then plunged by 116 bps to 4.32% in 2026.
- The last three Tax Rate figures came in at 4.32% (Q1 2026), 26.79% (Q4 2025), and 17.94% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 21.17 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 23.60 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 24.51 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 24.02 |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 23.34 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 15.19 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -4.32 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 25.18 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 6.45 |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 17.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.32 |
| Mar 31, 2026 | -4.32 |
| Dec 31, 2025 | 26.79 |
| Dec 31, 2025 | 26.79 |
| Sep 30, 2025 | 17.94 |
| Sep 30, 2025 | 17.94 |
| Jun 30, 2025 | 19.64 |
| Jun 30, 2025 | 19.64 |
| Mar 31, 2025 | 12.84 |
| Mar 31, 2025 | 12.84 |
| Dec 31, 2024 | 15.92 |
| Dec 31, 2024 | 15.92 |
| Sep 30, 2024 | 21.30 |
| Sep 30, 2024 | 21.30 |
| Jun 30, 2024 | 21.54 |
| Jun 30, 2024 | 21.54 |
| Mar 31, 2024 | 13.50 |
| Mar 31, 2024 | 13.50 |
| Dec 31, 2023 | 13.78 |
| Dec 31, 2023 | 13.78 |
| Sep 30, 2023 | 18.26 |
| Sep 30, 2023 | 18.26 |
| Jun 30, 2023 | 19.64 |
| Jun 30, 2023 | 19.64 |
| Mar 31, 2023 | 13.62 |
| Mar 31, 2023 | 13.62 |
| Dec 31, 2022 | 19.07 |
| Dec 31, 2022 | 19.07 |
| Sep 30, 2022 | 19.54 |
| Sep 30, 2022 | 19.54 |
| Jun 30, 2022 | 19.01 |
| Jun 30, 2022 | 19.01 |
| Mar 31, 2022 | 8.24 |
| Mar 31, 2022 | 8.24 |
| Dec 31, 2021 | 21.12 |
| Dec 31, 2021 | 21.12 |
| Sep 30, 2021 | 15.34 |
| Sep 30, 2021 | 15.34 |
| Jun 30, 2021 | 15.47 |
| Jun 30, 2021 | 15.47 |
| Mar 31, 2021 | 8.89 |
| Mar 31, 2021 | 8.89 |
| Dec 31, 2020 | 19.96 |
| Dec 31, 2020 | 19.96 |
| Sep 30, 2020 | 3.54 |
| Sep 30, 2020 | 3.54 |
| Jun 30, 2020 | 17.28 |
| Jun 30, 2020 | 17.28 |
| Mar 31, 2020 | 9.04 |
| Mar 31, 2020 | 9.04 |
| Dec 31, 2019 | 16.21 |
| Dec 31, 2019 | 16.21 |
| Sep 30, 2019 | 18.82 |
| Sep 30, 2019 | 18.82 |
| Jun 30, 2019 | 21.32 |
| Jun 30, 2019 | 21.32 |
| Mar 31, 2019 | -38.90 |
| Mar 31, 2019 | -38.90 |
| Dec 31, 2018 | 18.77 |
| Dec 31, 2018 | 18.77 |
| Sep 30, 2018 | 15.67 |
| Sep 30, 2018 | 15.67 |
| Jun 30, 2018 | 25.26 |
| Jun 30, 2018 | 25.26 |
| Mar 31, 2018 | 17.46 |
| Mar 31, 2018 | 17.46 |
| Dec 31, 2017 | 49.12 |
| Dec 31, 2017 | 49.12 |
| Sep 30, 2017 | 29.51 |
| Sep 30, 2017 | 29.51 |
| Jun 30, 2017 | 30.84 |
| Jun 30, 2017 | 30.84 |
| Mar 31, 2017 | 28.22 |
| Mar 31, 2017 | 28.22 |
| Dec 31, 2016 | 29.71 |
| Dec 31, 2016 | 29.71 |
| Sep 30, 2016 | 33.06 |
| Sep 30, 2016 | 33.06 |
| Jun 30, 2016 | 33.41 |
| Jun 30, 2016 | 33.41 |
| Mar 31, 2016 | 33.50 |
| Mar 31, 2016 | 33.50 |
| Dec 31, 2015 | 29.77 |
| Dec 31, 2015 | 29.77 |
| Sep 30, 2015 | 34.98 |
| Sep 30, 2015 | 34.98 |
| Jun 30, 2015 | 35.92 |
| Jun 30, 2015 | 35.92 |
| Mar 31, 2015 | 36.10 |
| Mar 31, 2015 | 36.10 |
| Dec 31, 2014 | 38.82 |
| Dec 31, 2014 | 38.82 |
| Sep 30, 2014 | 35.34 |
| Sep 30, 2014 | 35.34 |
| Jun 30, 2014 | 32.44 |
| Jun 30, 2014 | 32.44 |
| Mar 31, 2014 | 35.88 |
| Mar 31, 2014 | 35.88 |
| Dec 31, 2013 | 46.91 |
| Dec 31, 2013 | 46.91 |
| Sep 30, 2013 | 35.77 |
| Sep 30, 2013 | 35.77 |
| Jun 30, 2013 | 33.09 |
| Jun 30, 2013 | 33.09 |
| Mar 31, 2013 | 28.62 |
| Mar 31, 2013 | 28.62 |
| Dec 31, 2012 | 38.34 |
| Dec 31, 2012 | 38.34 |
| Sep 30, 2012 | 36.14 |
| Sep 30, 2012 | 36.14 |
| Jun 30, 2012 | 34.43 |
| Jun 30, 2012 | 34.43 |
| Mar 31, 2012 | 35.57 |
| Mar 31, 2012 | 35.57 |
| Dec 31, 2011 | 36.56 |
| Dec 31, 2011 | 36.56 |
| Sep 30, 2011 | 29.18 |
| Sep 30, 2011 | 29.18 |
| Jun 30, 2011 | 34.44 |
| Jun 30, 2011 | 34.44 |
| Mar 31, 2011 | 37.16 |
| Mar 31, 2011 | 37.16 |
| Nov 30, 2010 | 40.75 |
| Nov 30, 2010 | 40.75 |
| Aug 31, 2010 | 49.97 |
| Aug 31, 2010 | 49.97 |
| May 31, 2010 | 36.58 |
| May 31, 2010 | 36.58 |
| Feb 28, 2010 | 37.23 |
| Feb 28, 2010 | 37.23 |