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MSCI MSCI Net margin

Net margin at other companies

S&P Global logo
S&P GlobalSPGI
30.4%+3.1pp
CoStar Group logo
CoStar GroupCSGP
0.7%-3.4pp
Moody's logo
Moody'sMCO
31.7%+2.5pp
Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
23%+6.7pp
Blackrock logo
BlackrockBLK
24.4%-5.7pp
Ameriprise Financial logo
Ameriprise FinancialAMP
20.6%+3.4pp

Other financials

Income statement

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Revenue$850.8M+14.1%
Gross profit$709.0M+16.4%
Operating income$456.9M+21.2%
Net income$406.0M+40.7%
EPS (diluted)$5.53+49.1%

Balance sheet

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Cash & equivalents$385.3M+6.8%
Total debt$6.6B+40.1%
Total equity-$2.8B-189%
Total assets$5.5B+3.8%

Cash flow

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Operating cash flow$306.8M+1.7%
CapEx$2.8M-75.9%
Free cash flow$304.0M+4.8%

Valuation

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Market cap$42.31B-10.2%
Enterprise value$48.5B-5.4%
P/E32.1×-9.2×
P/S13.1×-3.1×

Profitability

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Gross margin82.9%+0.7pp
Operating margin55.4%+1.8pp
FCF margin48.3%-1.8pp

Returns & leverage

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Return on equity113.8%
Debt / equity6.8×
Current ratio0.9×0.0×

Where this comes from

Calculated from MSCI’s reported figures.

Based on trailing twelve months.

The official record: MSCI’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MSCI's net margin?
MSCI (MSCI) reported net margin of 40.7% in Q1 2026.
How has MSCI's net margin changed year-over-year?
MSCI's net margin increased by 4.3% year-over-year, from 39.1% to 40.7%.
What is the long-term trend for MSCI's net margin?
Over 5 years (2020 to 2025), MSCI's net margin has grown at a 1.6% compound annual growth rate (CAGR), from 35.5% to 38.4%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.