MSCI MSCI Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 329.1%+0.9pp | 328.2%-0.6pp | 328.8%+0.3pp | 328.6%-1.8pp | |
| Operating margin | 216.3%+2.1pp | 214.2%-3.8pp | 218%+6.3pp | 211.7%+0.5pp | |
| Net margin | 156.9%-13.4pp | 170.3%+7.5pp | 162.8%+13.4pp | 149.4%+3.4pp | |
| EBITDA margin | 218.9%+2.1pp | 216.8%-5.1pp | 221.9%+5.1pp | 216.8%-0.6pp | |
| Free cash flow margin | 196.2%-2.7pp | 198.9%+5.9pp | 193%+10.1pp | 182.9%-5.0pp | |
| Returns | |||||
| Return on assets | 87.1%-2.0pp | 89.1%+10.1pp | 78.9%+12.2pp | 66.8%+6.0pp | |
| Return on invested capital | 159.5%+4.2pp | 155.3%+1.5pp | 153.8%-2.2pp | 156%-12.7pp | |
| Efficiency | |||||
| Asset turnover | 2.2×+0.1× | 2.1×+0.2× | 1.9×+0.2× | 1.8×+0.1× | |
| Liquidity | |||||
| Current ratio | 3.5×-0.2× | 3.7×-1.3× | 5×-0.3× | 5.3×-2.5× | |
| Quick ratio | 3.5×-0.2× | 3.7×-1.3× | 5×-0.3× | 5.3×-2.5× | |
| Cash ratio | 1×-0.3× | 1.3×-1.3× | 2.6×-0.3× | 2.9×-2.8× | |
| Leverage | |||||
| Debt-to-assets | 3.9×+0.5× | 3.4×-0.3× | 3.7×-0.1× | 3.8×+0.4× | |
| Net debt / EBITDA | 11.9×+0.6× | 11.3×-0.3× | 11.6×-1.0× | 12.6×+2.5× | |
| Interest coverage | 33.9×+2.5× | 31.5×+3.0× | 28.5×+0.6× | 27.9×+2.2× | |
| Per Share | |||||
| Book value per share | -$83.41-114% | -$38.89+20.0% | -$48.60+0.9% | -$49.04-217% | |
| Valuation | |||||
| Market capitalization | $175.43B-0.1% | $175.66B+5.2% | $167.02B+15.3% | $144.82B-19.0% | |
| Enterprise value | $195.14B+1.4% | $192.4B+5.5% | $182.38B+14.2% | $159.77B-15.5% | |
| Price / earnings | 148×-2.9× | 150.8×-21.5× | 172.3×-5.2× | 177.5×-80.1× | |
| Price / sales | 58.1×-5.9× | 64×-5.8× | 69.8×+3.7× | 66.1×-27.7× | |
| EV / EBITDA | 118×-11.3× | 129.3×-8.2× | 137.5×+2.8× | 134.7×-48.2× | |
| EV / sales | 64.6×-5.5× | 70.1×-6.2× | 76.2×+3.3× | 72.9×-26.4× | |
| Free cash flow yield | 13.5%+1.0pp | 12.5%+1.4pp | 11.1%0.0pp | 11.2%+3.0pp | |
| Earnings yield | 10.8%+0.1pp | 10.7%+1.3pp | 9.4%+0.2pp | 9.1%+2.8pp | |
| Dividend yield | 4.9%+0.5pp | 4.4%+0.4pp | 4.1%+0.2pp | 3.9%+1.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are MSCI's profit margins?
- MSCI (MSCI) runs a 82.9% gross margin and a 55.4% operating margin, with a 40.7% net margin.
- Where do MSCI's ratios come from?
- Every ratio is computed from MSCI's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
