MSCI MSCI Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 329.9%+1.7pp | 329.1%+0.9pp | 328.7%+0.1pp | 328.3%-0.7pp | 328.1%-0.9pp | |
| Operating margin | 218.1%+4.2pp | 216.3%+2.1pp | 215.2%-0.3pp | 214.3%-2.6pp | 213.9%-3.9pp | |
| Net margin | 158.6%-6.2pp | 156.9%-13.4pp | 157.4%-19.5pp | 160.4%-13.2pp | 164.8%-3.9pp | |
| EBITDA margin | 220.9%+4.4pp | 218.9%+2.1pp | 217.6%-0.7pp | 216.7%-3.3pp | 216.4%-4.9pp | |
| Free cash flow margin | 194.4%-6.7pp | 196.2%-2.7pp | 198.2%+2.7pp | 201.1%+9.8pp | 201.1%+8.4pp | |
| Returns | ||||||
| Return on assets | 90.2%+2.2pp | 87.1%-2.0pp | 85.8%-4.9pp | 86.6%-0.5pp | 88%+5.0pp | |
| Return on invested capital | 167%+12.6pp | 159.5%+4.2pp | 153.9%-2.3pp | 153.6%-2.2pp | 154.4%-0.5pp | |
| Efficiency | ||||||
| Asset turnover | 2.3×+0.1× | 2.2×+0.1× | 2.2×+0.1× | 2.2×+0.2× | 2.1×+0.2× | |
| Liquidity | ||||||
| Current ratio | 3.5×-0.1× | 3.5×-0.2× | 3.4×-0.4× | 3.5×-0.8× | 3.6×-1.0× | |
| Quick ratio | 3.5×-0.1× | 3.5×-0.2× | 3.4×-0.4× | 3.5×-0.8× | 3.6×-1.0× | |
| Cash ratio | 1×-0.2× | 1×-0.3× | 1×-0.4× | 1.1×-0.7× | 1.2×-0.9× | |
| Leverage | ||||||
| Debt-to-assets | 4.2×+0.8× | 3.9×+0.5× | 3.6×+0.2× | 3.5×0.0× | 3.4×-0.2× | |
| Net debt / EBITDA | 12.5×+1.4× | 11.9×+0.6× | 11.3×-0.2× | 10.9×-0.7× | 11.1×-0.5× | |
| Interest coverage | 33.2×+0.8× | 33.9×+2.5× | 34×+3.4× | 33.4×+3.6× | 32.4×+3.3× | |
| Per Share | ||||||
| Book value per share | -$108.89-153% | -$83.41-114% | -$60.68-67.4% | -$45.20-13.3% | -$43.03+5.6% | |
| Valuation | ||||||
| Market capitalization | $170.96B-2.4% | $175.43B-0.1% | $179.35B+3.4% | $181.55B+8.1% | $175.16B+5.0% | |
| Enterprise value | $192.53B+0.2% | $195.14B+1.4% | $197.48B+3.9% | $198.57B+7.8% | $192.08B+5.1% | |
| Price / earnings | 139.4×-11.8× | 148×-2.9× | 154.5×+7.1× | 156.8×+5.3× | 151.2×-8.6× | |
| Price / sales | 55.2×-6.8× | 58.1×-5.9× | 60.8×-4.5× | 62.8×-2.7× | 62×-5.2× | |
| EV / EBITDA | 112.6×-13.2× | 118×-11.3× | 123×-8.0× | 126.9×-3.8× | 125.8×-7.4× | |
| EV / sales | 62.1×-5.9× | 64.6×-5.5× | 66.9×-4.6× | 68.7×-3.2× | 68×-5.6× | |
| Free cash flow yield | 14.2%+1.2pp | 13.5%+1.0pp | 13.1%+1.0pp | 12.8%+1.1pp | 13%+1.5pp | |
| Earnings yield | 11.6%+0.9pp | 10.8%+0.1pp | 10.4%-0.5pp | 10.2%-0.4pp | 10.7%+0.7pp | |
| Dividend yield | 5.2%+0.6pp | 4.9%+0.5pp | 4.7%+0.4pp | 4.5%+0.2pp | 4.6%+0.4pp |
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.
