MSCI Ratios (2009-2025) | MSCI

Frequency:

Period:

1Y 3Y 5Y 7Y 10Y All

Values in:

Download Data

Ratios	Feb2009	May2009	Aug2009	Nov2009	Feb2010	May2010	Aug2010	Nov2010	Mar2011	Jun2011	Sep2011	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025
Profitability
Gross Margin	72.68%	73.24%	74.05%	72.88%	75.93%	75.66%	65.60%	67.59%	68.55%	69.60%	69.35%	69.43%	68.44%	69.30%	70.97%	69.97%	70.25%	69.49%	70.19%	69.49%	72.13%	72.38%	72.28%	72.19%	73.40%	75.09%	75.60%	76.25%	77.34%	78.62%	78.16%	78.20%	77.60%	78.32%	78.75%	79.32%	79.70%	80.34%	80.19%	79.61%	77.83%	81.33%	82.12%	82.75%	82.10%	82.80%	83.38%	82.88%	82.07%	82.47%	82.66%	82.56%	81.65%	81.74%	82.45%	82.23%	81.65%	82.28%	83.16%	82.24%	81.10%	81.90%	82.59%	82.30%	81.66%	82.18%	83.30%
EBT Margin	24.91%	29.23%	30.97%	33.38%	36.03%	30.32%	10.17%	23.95%	23.89%	30.75%	31.24%	31.01%	29.79%	24.00%	32.11%	35.74%	33.80%	36.73%	34.01%	32.51%	30.68%	33.07%	31.79%	28.17%	29.55%	32.31%	36.85%	31.31%	32.56%	34.60%	33.81%	33.16%	33.74%	37.18%	37.51%	37.92%	39.69%	43.06%	41.03%	51.78%	34.54%	41.43%	42.80%	36.04%	39.07%	33.97%	44.45%	43.99%	45.15%	39.28%	38.80%	44.70%	44.46%	47.12%	48.02%	46.11%	46.67%	49.45%	50.79%	67.80%	43.52%	48.03%	49.25%	48.87%	44.39%	48.90%	49.97%
EBIT Margin	30.95%	33.51%	34.72%	36.83%	38.84%	37.31%	20.45%	33.15%	33.78%	36.51%	36.55%	36.10%	35.35%	36.52%	35.48%	38.57%	37.77%	39.35%	36.70%	35.31%	33.17%	34.82%	33.39%	33.89%	33.77%	36.41%	40.59%	39.41%	40.58%	43.25%	42.73%	43.04%	43.40%	46.22%	46.20%	46.04%	47.58%	47.79%	49.28%	46.95%	43.80%	49.90%	51.04%	49.05%	49.88%	52.53%	53.52%	52.76%	53.17%	51.69%	54.19%	51.03%	51.61%	54.44%	55.21%	53.58%	53.12%	55.69%	56.49%	53.72%	49.91%	54.04%	55.38%	54.50%	50.55%	55.03%	56.42%
EBITDA Margin	33.83%	36.23%	37.35%	36.83%	41.63%	40.15%	20.45%	33.15%	33.78%	36.51%	36.55%	36.10%	35.35%	36.52%	35.48%	38.57%	37.77%	39.35%	36.70%	35.31%	35.60%	37.15%	35.91%	36.92%	36.51%	39.39%	43.59%	42.18%	43.51%	46.14%	45.62%	46.26%	46.34%	49.12%	49.09%	48.47%	49.92%	49.83%	51.37%	49.25%	45.92%	51.82%	52.87%	50.90%	51.69%	54.35%	55.28%	54.40%	54.66%	53.10%	55.51%	52.47%	52.78%	55.67%	56.48%	54.71%	54.05%	56.53%	57.34%	54.46%	50.51%	54.64%	55.98%	55.08%	51.19%	55.73%	57.16%
Operating Margin	30.95%	33.51%	34.72%	36.83%	38.84%	37.31%	20.45%	33.15%	33.78%	36.51%	36.55%	36.10%	35.35%	36.52%	35.48%	38.57%	37.77%	39.35%	36.70%	35.31%	33.17%	34.82%	33.39%	33.89%	33.77%	36.41%	40.59%	39.41%	40.58%	43.25%	42.73%	43.04%	43.40%	46.22%	46.20%	46.04%	47.58%	47.79%	49.28%	46.95%	43.80%	49.90%	51.04%	49.05%	49.88%	52.53%	53.52%	52.76%	53.17%	51.69%	54.19%	51.03%	51.61%	54.44%	55.21%	53.58%	53.12%	55.69%	56.49%	53.72%	49.91%	54.04%	55.38%	54.50%	50.55%	55.03%	56.42%
Net Margin	15.79%	17.94%	19.22%	8.58%	22.62%	19.23%	5.09%	14.19%	15.01%	20.16%	22.12%	19.67%	19.19%	15.74%	20.50%	22.04%	2.72%	2.15%	2.35%	2.69%	13.87%	20.00%	0.00%	0.43%	-2.21%	20.70%	23.96%	-0.22%	21.65%	23.04%	22.63%	23.31%	24.22%	25.71%	26.44%	19.30%	32.76%	32.18%	34.60%	42.06%	47.98%	32.60%	34.75%	30.20%	35.54%	28.11%	42.87%	35.21%	41.14%	33.21%	32.85%	35.26%	40.79%	38.16%	38.63%	37.31%	40.31%	39.74%	41.52%	58.46%	37.64%	37.68%	38.76%	41.09%	38.70%	39.30%	41.01%
FCF Margin	26.91%	45.87%	28.46%	6.63%	-14.83%	54.69%	31.44%	26.26%	-13.31%	45.58%	37.58%	32.63%	28.47%	43.97%	33.74%	21.30%	30.29%	36.12%	24.56%	32.00%	6.99%	23.14%	35.71%	38.86%	20.44%	7.93%	46.50%	29.48%	11.41%	37.82%	47.73%	44.64%	9.86%	37.49%	29.61%	38.06%	23.98%	55.90%	38.92%	43.14%	22.32%	47.56%	46.05%	57.21%	25.33%	62.27%	45.29%	51.55%	43.01%	43.32%	39.79%	49.01%	41.09%	35.71%	55.00%	52.16%	42.01%	44.19%	43.76%	53.75%	41.20%	46.69%	55.28%	55.00%	37.59%	40.51%	53.85%
Efficiency
Assets Average								2.99B	2.97B	2.96B	3.04B	3.08B	3.10B	3.05B	3.02B	3.04B	3.03B	3.07B	3.09B	3.11B	3.11B	3.11B	3.01B	2.88B	2.89B	2.89B	3.12B	3.26B	2.99B	2.81B	3.05B	3.19B	3.04B	3.05B	3.12B	3.22B	3.31B	3.57B	3.80B	3.60B	3.34B	3.36B	3.45B	3.84B	4.06B	4.05B	4.15B	4.16B	4.38B	4.68B	4.97B	5.32B	5.10B	4.76B	4.81B	4.89B	5.03B	4.91B	4.81B	5.19B	5.50B	5.47B	5.43B	5.43B	5.39B	5.36B	5.38B
Equity Average								1.06B	1.12B	1.18B	1.24B	1.28B	1.33B	1.39B	1.44B	1.44B	1.45B	1.52B	1.54B	1.54B	1.56B	1.62B	1.53B	1.41B	1.44B	1.44B	1.28B	1.01B	0.76B	0.58B	0.54B	0.43B	0.30B	0.29B	0.33B	0.38B	0.41B	0.38B	0.36B	0.11B	-0.24B	-0.27B	-0.19B	-0.11B	-0.22B	-0.33B	-0.35B	-0.41B	-0.46B	-0.42B	-0.32B	-0.22B	-0.52B	-0.95B	-1.05B	-1.04B	-0.95B	-1.05B	-1.12B	-0.89B	-0.70B	-0.69B	-0.74B	-0.85B	-0.95B	-0.92B	-1.40B
Invested Capital	0.03B	0.03B		0.55B	0.04B	0.01B	1.05B	1.14B	1.16B	1.22B	1.27B	1.30B	1.37B	1.45B	1.51B	1.46B	1.53B	1.60B	1.58B	1.58B	1.58B	1.69B	1.42B	1.43B	1.46B	1.43B	1.12B	0.90B	0.62B	0.54B	0.55B	0.32B	0.28B	0.31B	0.36B	0.40B	0.42B	0.35B	0.38B	-0.17B	-0.32B	-0.23B	-0.15B	-0.08B	-0.35B	-0.31B	-0.39B	2.92B	3.38B	3.60B	3.88B	4.00B	3.28B	3.49B	3.44B	3.50B	3.61B	3.32B	3.46B	3.77B	3.86B	3.77B	3.73B	3.57B	3.59B	3.63B	3.59B
Asset Utilization Ratio								0.22	0.26	0.29	0.29	0.29	0.29	0.30	0.31	0.31	0.31	0.30	0.30	0.29	0.30	0.31	0.33	0.35	0.35	0.36	0.34	0.33	0.36	0.40	0.37	0.36	0.39	0.39	0.39	0.40	0.40	0.38	0.37	0.40	0.44	0.44	0.44	0.41	0.40	0.40	0.40	0.41	0.40	0.39	0.39	0.38	0.42	0.46	0.46	0.46	0.45	0.48	0.50	0.49	0.48	0.49	0.52	0.53	0.54	0.56	0.57
Leverage & Solvency
Interest Coverage Ratio	5.81	7.47	8.17	9.70	10.65	5.19	2.03	4.04	4.55	6.43	6.27	6.15	6.55	2.95	11.42	13.28	11.81	13.83	14.40	12.10	15.72	16.50	15.00	5.39	7.99	8.86	6.32	4.70	4.94	5.48	4.60	4.34	4.50	5.03	5.13	5.31	5.66	5.46	4.91	4.73	4.53	5.36	5.60	4.95	5.17	5.22	6.06	6.27	6.77	6.51	6.65	6.96	7.10	7.31	7.01	6.77	6.81	7.42	7.53	7.90	7.27	8.20	8.60	8.90	8.11	9.21	8.35
Debt to Equity				0.75			1.22	1.17	0.97	0.92	0.88	0.83	0.79	0.62	0.59	0.60	0.56	0.53	0.53	0.52	0.51	0.48	0.57	0.55	0.55	0.56	1.41	1.75	2.57	2.95	3.76	6.53	7.44	6.76	5.77	5.18	4.93	7.43	6.80	-15.47	-8.14	-11.12	-17.44	-40.04	-8.95	-10.82	-8.71	-7.60	-8.03	-10.78	-14.86	-25.46	-4.73	-4.40	-4.19	-4.48	-5.00	-3.78	-4.30	-6.09	-6.93	-6.14	-5.97	-4.80	-4.74	-5.09	-2.87
Debt Ratio				0.32			0.43	0.42	0.38	0.37	0.36	0.35	0.35	0.29	0.28	0.28	0.27	0.26	0.26	0.26	0.26	0.25	0.28	0.27	0.28	0.28	0.47	0.50	0.56	0.57	0.63	0.67	0.69	0.67	0.66	0.63	0.62	0.68	0.68	0.76	0.78	0.75	0.74	0.73	0.81	0.80	0.82	0.80	0.85	0.83	0.81	0.76	0.89	0.93	0.94	0.90	0.89	0.95	0.93	0.82	0.82	0.83	0.83	0.83	0.85	0.84	1.02
Equity Ratio				0.42			0.35	0.36	0.40	0.40	0.41	0.42	0.44	0.47	0.48	0.47	0.49	0.50	0.49	0.50	0.51	0.53	0.48	0.50	0.50	0.50	0.33	0.29	0.22	0.19	0.17	0.10	0.09	0.10	0.11	0.12	0.13	0.09	0.10	-0.05	-0.10	-0.07	-0.04	-0.02	-0.09	-0.07	-0.09	-0.11	-0.11	-0.08	-0.05	-0.03	-0.19	-0.21	-0.23	-0.20	-0.18	-0.25	-0.22	-0.13	-0.12	-0.13	-0.14	-0.17	-0.18	-0.16	-0.36
Times Interest Earned	5.81	7.47	8.17	9.70	10.65	5.19	2.03	4.04	4.55	6.43	6.27	6.15	6.55	2.95	11.42	13.28	11.81	13.83	14.40	12.10	15.72	16.50	15.00	5.39	7.99	8.86	6.32	4.70	4.94	5.48	4.60	4.34	4.50	5.03	5.13	5.31	5.66	5.46	4.91	4.73	4.53	5.36	5.60	4.95	5.17	5.22	6.06	6.27	6.77	6.51	6.65	6.96	7.10	7.31	7.01	6.77	6.81	7.42	7.53	7.90	7.27	8.20	8.60	8.90	8.11	9.21	8.35
Dividends & Payouts
FCF Payout Ratio																								0.21	0.38	0.95	0.19	0.28	0.69	0.20	0.20	0.20	0.86	0.21	0.36	0.27	0.41	0.17	0.37	0.32	0.70	0.27	0.32	0.25	0.56	0.22	0.34	0.28	0.32	0.30	0.42	0.32	0.38	0.43	0.33	0.33	0.45	0.40	0.40	0.29	0.47	0.39	0.31	0.31	0.51	0.45	0.32
Valuation
Enterprise Value	1.30B	1.81B	2.83B	2.58B	2.71B	2.90B	3.28B	3.75B	4.32B	3.68B	3.74B	3.90B	4.01B	3.69B	3.92B	3.53B	3.82B	3.68B	4.59B	4.82B	4.45B	4.67B	5.03B	4.81B	6.37B	6.46B	5.53B	6.63B	6.87B	7.04B	6.97B	6.62B	8.10B	8.57B	9.73B	10.51B	12.59B	13.36B	14.36B	12.07B	16.12B	19.45B	17.56B	20.36B	23.44B	26.52B	28.54B	35.71B	32.87B	41.97B	48.87B	49.09B	40.19B	32.59B	33.09B	36.20B	43.67B	36.78B	39.65B	44.28B	43.81B	37.71B	45.35B	46.61B	43.55B	44.28B	43.50B
Market Capitalization	1.58B	2.13B	2.95B	3.05B	3.15B	3.11B	3.52B	4.05B	4.50B	3.97B	4.11B	4.30B	4.47B	4.05B	4.36B	3.78B	4.08B	4.02B	4.87B	5.18B	4.81B	5.35B	5.48B	5.31B	6.91B	6.92B	6.52B	7.41B	7.32B	7.44B	7.94B	7.42B	8.80B	9.32B	10.53B	11.40B	13.44B	14.73B	15.76B	12.98B	16.77B	20.22B	18.44B	21.87B	24.51B	27.91B	29.84B	37.02B	34.62B	43.94B	50.15B	50.51B	40.87B	33.43B	33.96B	37.19B	44.75B	37.57B	40.58B	44.74B	44.33B	38.17B	45.85B	47.02B	43.91B	44.62B	43.90B
Return Ratios
Return on Sales	0.16%	0.16%	0.16%	0.15%	0.17%	0.17%	0.13%	0.14%	0.13%	0.14%	0.18%	0.19%	0.20%	0.19%	0.19%	0.19%	0.16%	0.12%	0.08%	0.02%	0.05%	0.10%	0.09%	0.09%	0.05%	0.05%	0.11%	0.11%	0.17%	0.17%	0.17%	0.23%	0.23%	0.24%	0.25%	0.24%	0.26%	0.28%	0.30%	0.35%	0.39%	0.39%	0.39%	0.36%	0.33%	0.32%	0.34%	0.35%	0.37%	0.38%	0.36%	0.36%	0.36%	0.37%	0.38%	0.39%	0.39%	0.39%	0.40%	0.45%	0.45%	0.44%	0.43%	0.39%	0.39%	0.39%	0.40%
Return on Capital Employed								0.08%	0.09%	0.11%	0.12%	0.12%	0.12%	0.13%	0.13%	0.14%	0.14%	0.14%	0.14%	0.13%	0.13%	0.13%	0.13%	0.14%	0.14%	0.15%	0.15%	0.15%	0.17%	0.20%	0.19%	0.18%	0.20%	0.21%	0.22%	0.22%	0.23%	0.22%	0.22%	0.25%	0.26%	0.27%	0.27%	0.26%	0.25%	0.26%	0.26%	0.28%	0.31%	0.26%	0.26%	0.26%	0.28%	0.32%	0.32%	0.33%	0.32%	0.35%	0.37%	0.38%	0.34%	0.35%	0.37%	0.40%	0.40%	0.41%	0.42%
Return on Invested Capital	0.50%	2.90%			0.29%	3.72%	0.17%	0.11%	0.12%	0.14%	0.16%	0.16%	0.16%	0.16%	0.14%	0.15%	0.15%	0.15%	0.15%	0.14%	0.13%	0.13%	0.14%	0.15%	0.15%	0.16%	0.19%	0.26%	0.37%	0.53%	0.58%	0.76%	1.17%	1.25%	1.16%	0.99%	1.03%	1.18%	1.37%	5.23%	-2.61%	-2.38%	-3.52%	-6.29%	-3.11%	-2.10%	-2.17%	0.61%	0.26%	0.25%	0.23%	0.23%	0.26%	0.29%	0.28%	0.29%	0.29%	0.30%	0.32%	0.32%	0.31%	0.32%	0.33%	0.34%	0.36%	0.37%	0.38%
Return on Assets								0.03%	0.03%	0.04%	0.05%	0.06%	0.06%	0.06%	0.06%	0.06%	0.05%	0.04%	0.02%	0.01%	0.02%	0.03%	0.03%	0.03%	0.02%	0.02%	0.04%	0.04%	0.06%	0.07%	0.06%	0.08%	0.09%	0.09%	0.10%	0.09%	0.10%	0.11%	0.11%	0.14%	0.17%	0.17%	0.17%	0.15%	0.13%	0.13%	0.14%	0.14%	0.15%	0.15%	0.14%	0.14%	0.15%	0.17%	0.18%	0.18%	0.18%	0.19%	0.20%	0.22%	0.21%	0.22%	0.22%	0.20%	0.21%	0.22%	0.23%
Return on Equity								0.09%	0.09%	0.10%	0.13%	0.14%	0.14%	0.13%	0.12%	0.13%	0.10%	0.07%	0.05%	0.01%	0.03%	0.06%	0.06%	0.06%	0.03%	0.04%	0.09%	0.11%	0.24%	0.33%	0.35%	0.60%	0.92%	0.98%	0.92%	0.80%	0.84%	0.99%	1.16%	4.79%	-2.36%	-2.12%	-3.12%	-5.02%	-2.48%	-1.57%	-1.63%	-1.45%	-1.41%	-1.65%	-2.13%	-3.27%	-1.45%	-0.84%	-0.81%	-0.83%	-0.92%	-0.88%	-0.86%	-1.28%	-1.68%	-1.71%	-1.63%	-1.31%	-1.20%	-1.28%	-0.87%

Research Tools

MSCI Ratios (2009-2025) | MSCI

Create an account

Sign In

Reset Password

Get Pro for 60% off