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MSCI MSCI Operating margin

Operating margin at other companies

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S&P GlobalSPGI
44.4%+4.5pp
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12.1%-5.0pp
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FactSet Research SystemsFDS
29.6%-1.0pp
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CoStar GroupCSGP
-2.7%-3.9pp
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Moody'sMCO
44.8%+4.2pp
Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
29.5%+3.9pp

Other financials

Income statement

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Revenue$867.0M+12.2%
Gross profit$717.1M+12.9%
Operating income$487.5M+14.6%
Net income$342.0M+12.6%
EPS (diluted)$4.69+19.6%

Balance sheet

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Cash & equivalents$356.4M+2.6%
Total debt$6.5B+40.6%
Total equity-$2.7B-203%
Total assets$5.6B+4.3%

Cash flow

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Operating cash flow$370.8M+10.3%
CapEx$11.0M-2.7%
Free cash flow$359.8M+10.7%

Valuation

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Market cap$41.55B-2.0%
Enterprise value$47.73B+2.2%
P/E30.6×-5.4×
P/S12.5×-1.7×

Profitability

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Gross margin83%+0.8pp
Net margin40.7%+1.3pp
FCF margin47.9%-0.5pp

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 source filing: MSCI’s 10-Q, filed July 21, 2026. Open the filing →

Filed
Jul 21, 2026, 1:49 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001408198-26-000046

FAQ

What is MSCI's operating margin?
MSCI (MSCI) reported operating margin of 55.7% in Q2 2026.
How has MSCI's operating margin changed year-over-year?
MSCI's operating margin increased by 3.3% year-over-year, from 53.9% to 55.7%.
What is the long-term trend for MSCI's operating margin?
Over 5 years (2020 to 2025), MSCI's operating margin has grown at a 0.9% compound annual growth rate (CAGR), from 52.2% to 54.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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