Msci (MSCI) Tax Rate (2010 - 2026)
Msci (MSCI) posted Tax Rate of 18.04% for Q2 2026, down 1.57 percentage points from 19.61% a year earlier but up 22.36 percentage points from the prior quarter.
Msci (MSCI) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Msci was 14.69%, down 2.84 percentage points year-over-year; for FY2025, it was 19.54%, up 1.32 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +7.24 percentage points (FY2020 to FY2025).
- In prior years, Msci's Tax Rate was 18.22% in FY2024 (+2.11 pp), 16.10% in FY2023 (-0.50 pp), 16.60% in FY2022 (+1.20 pp) and 15.40% in FY2021 (+3.10 pp).
- Quarterly Tax Rate has run from a low of -4.32% in Q1 2026 to a high of 26.79% in Q4 2025 over five years.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -1.08 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2021, with a gain of 11.80 percentage points; the weakest was Q1 2026, with a drop of 17.15 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -4.32% (Q1 2026), 26.79% (Q4 2025) and 17.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 116.38 Bn | 111.98 Bn | 2.98 Bn | 23.48% |
| 2 | Moodys | 78.67 Bn | 71.10 Bn | 1.67 Bn | 24.94% |
| 3 | Msci | 39.16 Bn | 37.50 Bn | 717.10 Mn | 18.04% |
| 4 | Verisk Analytics | 21.84 Bn | 16.48 Bn | 572.90 Mn | 24.65% |
| 5 | Equifax | 16.14 Bn | 15.54 Bn | 926.40 Mn | 27.95% |
| 6 | TransUnion | 11.72 Bn | 8.70 Bn | - | 27.20% |
| 7 | Factset Research Systems | 9.66 Bn | 8.43 Bn | 310.73 Mn | 17.78% |
| 8 | Morningstar | 7.13 Bn | 5.03 Bn | 423.90 Mn | 26.05% |
| 9 | Mastercard | 480.27 Bn | 440.19 Bn | - | 20.01% |
| 10 | Cme | 94.12 Bn | 94.12 Bn | - | 21.53% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.04% |
| Dec 31, 2025 | 26.79% |
| Sep 30, 2025 | 17.94% |
| Jun 30, 2025 | 19.61% |
| Mar 31, 2025 | 12.84% |
| Dec 31, 2024 | 15.92% |
| Sep 30, 2024 | 21.30% |
| Jun 30, 2024 | 21.54% |
| Mar 31, 2024 | 13.50% |
| Dec 31, 2023 | 13.78% |
| Sep 30, 2023 | 18.26% |
| Jun 30, 2023 | 19.64% |
| Mar 31, 2023 | 13.62% |
| Dec 31, 2022 | 19.07% |
| Sep 30, 2022 | 19.54% |
| Jun 30, 2022 | 19.01% |
| Mar 31, 2022 | 8.24% |
| Dec 31, 2021 | 21.12% |
| Sep 30, 2021 | 15.34% |
| Jun 30, 2021 | 15.47% |
Msci Tax Rate 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=tax-rate&ticker=MSCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MSCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();