Msci (MSCI) Tax Rate (2010 - 2026)
Msci (MSCI) posted Tax Rate of 17.97% for Q3 2026, up 0.01 percentage points from 17.96% a year earlier but down 0.07 percentage points from the prior quarter.
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Analysis
Msci (MSCI) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Msci was 14.76%, down 1.97 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 8.24% in Q1 2022 to a high of 26.78% in Q4 2025 over five years.
- On a year-over-year basis, Tax Rate increased in three of the last seven quarters, with an average year-over-year change of +0.79 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2025, with a gain of 10.87 percentage points; the weakest was Q4 2023, with a drop of 5.29 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn | 24.93% |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn | 23.97% |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn | 17.97% |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn | 24.65% |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn | 28.10% |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - | 23.21% |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn | 16.10% |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn | 25.20% |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - | 19.39% |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - | 23.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.97% |
| Jun 30, 2026 | 18.04% |
| Dec 31, 2025 | 26.78% |
| Sep 30, 2025 | 17.96% |
| 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% |
API Access
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_KEYimport 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();