Msc Income Fund (MSIF) Operating Margin (2022 - 2026)
Msc Income Fund's (MSIF) quarterly Operating Margin came in at 47.63% in Q1 2026, down 290.0% YoY from 25.07% in Q1 2025, and up 26.73% on a QoQ basis from 37.58% in Q4 2025.
Msc Income Fund (MSIF) Operating Margin (2022 - 2026) Analysis & Trends
Msc Income Fund (MSIF) has 5 years of Operating Margin data on file, last reported at 47.63% in Q1 2026.
- Quarterly Operating Margin fell 290.0% year-over-year to 47.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 44.45% (down 108.0% YoY) and the FY2025 annual result came in at 44.38%, up 186.0% from the prior year.
- Operating Margin grew to 47.63% in Q1 2026, from 37.58% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 54.24% in Q1 2022 to a low of 36.99% in Q4 2023.
- A 5-year average of 45.62% and a median of 45.75% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin jumped 1382 bps — and 2025, when it plunged 1323 bps.
- Tracing MSIF's Operating Margin over 5 years: stood at 47.04% in 2022, then dropped by 21 bps to 36.99% in 2023, then soared by 37 bps to 50.81% in 2024, then slipped by 26 bps to 37.58% in 2025, then increased by 27 bps to 47.63% in 2026.
- The last three Operating Margin figures came in at 47.63% (Q1 2026), 37.58% (Q4 2025), and 46.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 34.74% |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 35.61% |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 47.97% |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 24.36% |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Msc Income Fund | 575.88 Mn | 547.83 Mn | - | 37.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.46% |
| Mar 31, 2026 | 47.63% |
| Dec 31, 2025 | 37.58% |
| Sep 30, 2025 | 46.87% |
| Jun 30, 2025 | 45.75% |
| Mar 31, 2025 | 50.53% |
| Dec 31, 2024 | 50.81% |
| Sep 30, 2024 | 38.58% |
| Jun 30, 2024 | 42.32% |
| Mar 31, 2024 | 41.20% |
| Dec 31, 2023 | 36.99% |
| Sep 30, 2023 | 43.65% |
| Jun 30, 2023 | 43.33% |
| Mar 31, 2023 | 45.44% |
| Dec 31, 2022 | 47.04% |
| Sep 30, 2022 | 50.60% |
| Jun 30, 2022 | 52.98% |
| Mar 31, 2022 | 54.24% |