MSCI Inc. (MSCI) stock
MSCINYSEServices-Business Services, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 20, 2026Score 18/3011% above fair value
$658.17+6.66 (+1.02%)
Close on Nov 13, 2026Market cap $47.06BP/E 34.8Yield 1.09%
MSCI operating margin
Operating margin is operating income as a percentage of revenue.
MSCI's operating margin for the twelve months ending Sep 30, 2026 was 55.7%. For fiscal 2025 it was 54.7%, against 53.5% the year before. The highest annual figure on record is 54.8% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 54.7% | +1.2 |
| FY2024 | Dec 31, 2024 | 53.5% | −1.2 |
| FY2023 | Dec 31, 2023 | 54.8% | +1.0 |
| FY2022 | Dec 31, 2022 | 53.7% | +1.2 |
| FY2021 | Dec 31, 2021 | 52.5% | +0.3 |
| FY2020 | Dec 31, 2020 | 52.2% | +3.7 |
| FY2019 | Dec 31, 2019 | 48.5% | +0.6 |
| FY2018 | Dec 31, 2018 | 47.9% | +2.4 |
| FY2017 | Dec 31, 2017 | 45.5% | +3.1 |
| FY2016 | Dec 31, 2016 | 42.4% | +4.8 |
| FY2015 | Dec 31, 2015 | 37.6% | +3.7 |
| FY2014 | Dec 31, 2014 | 33.8% | −3.4 |
| FY2013 | Dec 31, 2013 | 37.3% | −1.2 |
| FY2012 | Dec 31, 2012 | 38.5% | +7.4 |
| FY2010 | Nov 30, 2010 | 31.1% | −3.0 |
| FY2009 | Nov 30, 2009 | 34.1% | +2.6 |
| FY2008 | Nov 30, 2008 | 31.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 56.3% | −0.1 |
| Q2 FY2026 | Jun 30, 2026 | 56.2% | +1.2 |
| Q1 FY2026 | Mar 31, 2026 | 53.7% | +3.2 |
| Q4 FY2025 | Dec 31, 2025 | 56.4% | +1.9 |
| Q3 FY2025 | Sep 30, 2025 | 56.4% | +1.0 |
| Q2 FY2025 | Jun 30, 2025 | 55.0% | +1.0 |
| Q1 FY2025 | Mar 31, 2025 | 50.5% | +0.6 |
| Q4 FY2024 | Dec 31, 2024 | 54.5% | +0.8 |
| Q3 FY2024 | Sep 30, 2024 | 55.4% | −1.1 |
| Q2 FY2024 | Jun 30, 2024 | 54.0% | −1.7 |
| Q1 FY2024 | Mar 31, 2024 | 49.9% | −3.2 |
| Q4 FY2023 | Dec 31, 2023 | 53.7% | +0.1 |
| Q3 FY2023 | Sep 30, 2023 | 56.5% | +1.3 |
| Q2 FY2023 | Jun 30, 2023 | 55.7% | +1.3 |
| Q1 FY2023 | Mar 31, 2023 | 53.1% | +1.5 |
| Q4 FY2022 | Dec 31, 2022 | 53.6% | +2.6 |
| Q3 FY2022 | Sep 30, 2022 | 55.2% | +1.0 |
| Q2 FY2022 | Jun 30, 2022 | 54.4% | +2.7 |
| Q1 FY2022 | Mar 31, 2022 | 51.6% | −1.6 |
| Q4 FY2021 | Dec 31, 2021 | 51.0% | −1.7 |
| Q3 FY2021 | Sep 30, 2021 | 54.2% | +0.7 |
| Q2 FY2021 | Jun 30, 2021 | 51.7% | −0.8 |
| Q1 FY2021 | Mar 31, 2021 | 53.2% | +3.3 |
| Q4 FY2020 | Dec 31, 2020 | 52.8% | +3.7 |
| Q3 FY2020 | Sep 30, 2020 | 53.5% | +2.5 |
| Q2 FY2020 | Jun 30, 2020 | 52.5% | +2.6 |
| Q1 FY2020 | Mar 31, 2020 | 49.9% | +6.1 |
| Q4 FY2019 | Dec 31, 2019 | 49.0% | +2.1 |
| Q3 FY2019 | Sep 30, 2019 | 51.0% | +1.8 |
| Q2 FY2019 | Jun 30, 2019 | 49.9% | +2.1 |
| Q1 FY2019 | Mar 31, 2019 | 43.8% | −3.8 |
| Q4 FY2018 | Dec 31, 2018 | 47.0% | +0.9 |
| Q3 FY2018 | Sep 30, 2018 | 49.3% | +3.1 |
| Q2 FY2018 | Jun 30, 2018 | 47.8% | +1.6 |
| Q1 FY2018 | Mar 31, 2018 | 47.6% | +4.2 |
| Q4 FY2017 | Dec 31, 2017 | 46.0% | +3.0 |
| Q3 FY2017 | Sep 30, 2017 | 46.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 46.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 43.4% | – |
| Q4 FY2016 | Dec 31, 2016 | 43.0% | – |
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