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| 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% |