MSCI MSCI margins

Relative Growth: Rel. Growth: 85

Relative Strength: Rel. Strength: 40

Relative Valuation: Rel. Valuation: 32

Relative Profitability: Rel. Profitability: 70

Gross margin

83%

Operating margin

55.7%

EBITDA margin

62.1%

Net margin

40.7%

Recent MSCI shows a gross margin of 83%, an operating margin of 55.7%, an EBITDA margin of 62.1%, and a net margin of 40.7%. The company's available margins all advanced, with operating margin reporting the strongest expansion of 1.8 percentage points.

MSCI margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, MSCI's margins averaged 82.33% gross, 54.23% operating, 63.39% EBITDA, and 41.29% net. The current figures show gross and operating margins are above their three-year averages, while EBITDA and net margins are below their three-year averages.

MSCI margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 0.8 percentage points, operating margin by 1.8 percentage points, EBITDA margin by 0.8 percentage points, and net margin by 1.2 percentage points, led by operating margin with an increase of 1.8 percentage points.

Gross margin expansion

0.8pp

Operating margin expansion

1.8pp

EBITDA margin expansion

0.8pp

Net margin expansion

1.2pp

MSCI Gross margin

Over the last 3 years, MSCI's gross margin averaged 82.33%. The current gross margin of 83% is 0.7 percentage points above its three-year average. During this period, gross margin reached a high of 83% in Jun 2026 and a low of 82% in Sep 2024.

MSCI Operating margin

Across the last 3 years, MSCI's operating margin averaged 54.23%. MSCI currently reports an operating margin of 55.7%, 1.5 percentage points above its three-year average. Operating margin was highest at 55.7% in Jun 2026 and lowest at 53.3% in Sep 2024.

MSCI EBITDA margin

The average EBITDA margin for MSCI was 63.39% during the last 3 years. At present, the current EBITDA margin for MSCI is 62.1%, 1.3 percentage points below its three-year average. The EBITDA margin for MSCI moved between 61.2% in Dec 2024 and 67.8% in Dec 2023.

MSCI Net margin

MSCI recorded an average net margin of 41.29% across the last 3 years. Compared with its three-year average, MSCI's current net margin is 40.7% and is 0.6 percentage points below its three-year average. Over the last 3 years, MSCI's net margin peaked at 45.4% in Dec 2023 and reached a low of 38.4% in Dec 2025.

MSCI margin group comparison

Margins compared with peer-group, industry and sector averages

MSCI's gross margin of 83% is higher than the industry and its peers average but lower than the Financial Services sector average. But in comparison with the Financial Services sector average of 83.9%, MSCI's gross margin is only 1.1% lower.

MSCI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is MSCI's gross margin?

The current gross margin for MSCI is 83% as of Jun 30, 2026.

What is MSCI's operating margin?

The current operating margin for MSCI is 55.7% as of Jun 30, 2026.

What is MSCI's EBITDA margin?

As of Jun 30, 2026, MSCI has an EBITDA margin of 62.1%.

What is MSCI's net margin?

The current net margin for MSCI is 40.7% as of Jun 30, 2026.

What are the average margins of MSCI?

Over the past 3 years, MSCI reported average margins of 82.3% gross, 54.2% operating, 63.4% EBITDA, and 41.3% net.

What are the highest historical margins of MSCI?

In the last 5 years, the highest margins reported by MSCI were 83% gross in Jun 2026, 55.7% operating in Jun 2026, 67.8% EBITDA in Dec 2023, and 45.4% net in Dec 2023.

What are the lowest historical margins of MSCI?

Looking back across 5 years, MSCI reached its lowest margins at 82% gross in Dec 2022, 52.1% operating in Mar 2022, 56.2% EBITDA in Mar 2022, and 35.5% net in Dec 2021.