Msci (MSCI) Tax Rate (2010 - 2026)
Msci's (MSCI) quarterly Tax Rate came in at 18.04% in Q2 2026, down 157.0% on a YoY basis from 31.66% in Q2 2025, and up 518.03% quarter-over-quarter from 4.32% in Q1 2026.
Analysis
Msci (MSCI) Tax Rate (2010 - 2026) Analysis & Trends
Msci (MSCI) has reported Tax Rate for 17 consecutive years, with 18.04% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 157.0% year-over-year to 18.04%; the trailing twelve-month figure through Jun 2026 stood at 14.69% (down 284.0% YoY), and the FY2025 full-year result was 19.54%, up 132.0% from the prior year.
- Tax Rate grew to 18.04% in Q2 2026 per MSCI's latest filing, from 4.32% 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.
- Historically, Tax Rate has averaged 16.35% across 5 years, with a median of 18.15% in 2023.
- The sharpest annual moves came in 2025 and 2026: Tax Rate jumped 1087 bps in 2025, then sank 1715 bps in 2026.
- Over 5 years, Tax Rate stood at 19.07% in 2022, then fell by 28 bps to 13.78% in 2023, then gained by 16 bps to 15.92% in 2024, then jumped by 68 bps to 26.79% in 2025, then sank by 33 bps to 18.04% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.04%, 4.32%, and 26.79% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 121.34 Bn | 117.20 Bn | 2.98 Bn | 23.48% |
| 2 | Moodys | 81.34 Bn | 79.84 Bn | 1.67 Bn | 24.94% |
| 3 | Msci | 39.85 Bn | 39.49 Bn | 717.10 Mn | 18.04% |
| 4 | Verisk Analytics | 22.97 Bn | 22.42 Bn | 572.90 Mn | 24.65% |
| 5 | Factset Research Systems | 9.48 Bn | 9.17 Bn | 310.73 Mn | 17.78% |
| 6 | Morningstar | 7.30 Bn | 6.77 Bn | 423.90 Mn | 26.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.04% |
| Mar 31, 2026 | -4.32% |
| 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% |