Msci (MSCI) Tax Rate (2010 - 2026)

Msci (MSCI) reported Tax Rate of 4.32% for Q1 2026, down 1715.0% on a YoY basis from 0.27% in Q1 2025, and down 116.11% quarter-over-quarter from 26.79% in Q4 2025.

Msci (MSCI) Tax Rate (2010 - 2026) Analysis & Trends

Msci has reported Tax Rate for 17 years, with the latest figure 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.
  • The five-year high for Tax Rate was 26.79% in Q4 2025, with the low at 4.32% in Q1 2026.
  • Historically, Tax Rate has averaged 16.25% across 5 years, with a median of 18.26% in 2023.
  • Annual changes were most pronounced in 2025 — Tax Rate soared 1087 bps — and 2026, when it plunged 1715 bps.
  • Msci's Tax Rate stood at 19.07% in 2022, then dropped by 28 bps to 13.78% in 2023, then advanced by 15 bps to 15.92% in 2024, then surged by 68 bps to 26.79% in 2025, then sank 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 122.27 Bn 125.38 Bn 2.94 Bn 21.17
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 23.60
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 24.02
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 24.51
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 23.34
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 15.19
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn -4.32
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 25.18
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 6.45
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 17.41

Historic Data

Download Data
DateValue
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%