SuperworthMSCI MSCI
- Market cap
- $44.8B
- PE
- 33.7×
- 10y median 40.1×
- Forward PE
- 29.2×
- 10y median 35.4×
- Price to sales
- 13.4×
- EV/EBIT
- 26.8×
- Revenue, 12 months
- $3.3B
- +12% on a year ago
- Net margin
- 40.7%
- Free cash flow yield
- 3.6%
MSCI trades at 33.7× trailing earnings, cheaper than 89% of the last ten years. Revenue was $3.3B over the last twelve months, up 12% on a year earlier with a 41% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $625.4M+12% | $690.1M+20% | $680M+15% | $707.9M+14% | $724.7M+16% | $743.5M+8% | $745.8M+10% | $772.7M+9% | $793.4M+10% | $822.5M+11% | $850.8M+14% | $867M+12% | |
| Cost of revenue | $105.3M+7% | $122.6M+20% | $128.5M+18% | $128.1M+16% | $126.2M+20% | $131.6M+7% | $136.8M+6% | $137.7M+8% | $132.5M+5% | $143.4M+9% | $141.8M+4% | $149.9M+9% |
| Gross profit | $520.1M+13% | $567.5M+20% | $551.5M+14% | $579.8M+14% | $598.5M+15% | $611.9M+8% | $609M+10% | $635M+10% | $660.9M+10% | $679.1M+11% | $709M+16% | $717.1M+13% |
| R&D | $31.4M+21% | $39.2M+35% | $40.5M+29% | $41.1M+36% | $38.6M+23% | $38.5M−2% | $47.6M+17% | $44.1M+7% | $44.8M+16% | $41.1M+7% | $49.6M+4% | $46M+4% |
| SG&A | $103.4M+7% | $115.6M+9% | $128.9M+20% | $111.2M+7% | $112.3M+9% | $121.2M+5% | $135.8M+5% | $116.6M+5% | $121.7M+8% | $126M+4% | $154.7M+14% | $133.6M+15% |
| $353.3M+14% | $370.7M+20% | $339.4M+8% | $382.6M+11% | $401.3M+14% | $405.2M+9% | $377M+11% | $425.3M+11% | $447.7M+12% | $463.6M+14% | $456.9M+21% | $487.5M+15% | |
| Interest expense | $46.9M+6% | $47M+3% | $46.7M+1% | $46.6M+0% | $46.7M−1% | $45.5M−3% | $46.5M−0% | $46.2M−1% | $53.6M+15% | $63.6M+40% | $69.1M+49% | $71M+54% |
| Pre-tax income | $317.7M+18% | $467.9M+76% | $295.9M+7% | $340M+11% | $356.9M+12% | $363.3M−22% | $331.1M+12% | $377.8M+11% | $396.5M+11% | $388.8M+7% | $389.2M+18% | $417.3M+10% |
| $58M+10% | $64.5M+27% | $39.9M+6% | $73.2M+21% | $76M+31% | $57.8M−10% | $42.5M+6% | $74.1M+1% | $71.1M−7% | $104.2M+80% | −$16.8M | $75.3M+2% | |
| Net income | $259.7M+20% | $403.4M+88% | $256M+7% | $266.8M+8% | $280.9M+8% | $305.5M−24% | $288.6M+13% | $303.6M+14% | $325.4M+16% | $284.7M−7% | $406M+41% | $342M+13% |
| $3.27+22% | $5.07+90% | $3.22+8% | $3.37+9% | $3.57+9% | $3.90−23% | $3.71+15% | $3.92+16% | $4.25+19% | $3.81−2% | $5.53+49% | $4.69+20% | |
| 79.5M−2% | 79.5M−1% | 79.5M−1% | 79.2M−1% | 78.7M−1% | 78.4M−1% | 77.8M−2% | 77.5M−2% | 76.6M−3% | 74.7M−5% | 73.4M−6% | 72.9M−6% |
Gross profit: 68 periods, Q3 FY09 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 6 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 5 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $887.8M | $879.5M to $901.4M | $5.03 | $4.92 to $5.12 | 10 |
| Q4 FY26 | $913.6M | $903.2M to $925.1M | $5.07 | $4.92 to $5.25 | 10 |
| Q1 FY27 | $930.1M | $927.2M to $934.9M | $5.34 | $5.19 to $5.48 | 9 |
| Q2 FY27 | $945.2M | $934.5M to $954M | $5.56 | $5.48 to $5.63 | 3 |
| Q3 FY27 | $965.5M | $954.6M to $974.5M | $5.73 | $5.65 to $5.80 | 3 |
| Q4 FY27 | $987.3M | $976.1M to $996.5M | $5.79 | $5.71 to $5.86 | 6 |
| Q1 FY28 | $1B | $1B to $1B | $5.99 | $5.90 to $6.06 | 8 |
| Q2 FY28 | $1B | $1B to $1B | $6.26 | $6.16 to $6.33 | 4 |
Peers
Companies in Financial - Data & Stock Exchanges nearest MSCI's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MSCIMSCI | $44.8B | 33.7× | 40.1× | 29.2× | 13.4× | +12% | 40.7% |
| COINCoinbase Global | $43.4B | n/m | 34.6× | 217× | 6.9× | −10% | −15.7% |
| CBOECboe Global Markets | $35.6B | 26.5× | 28.5× | 23.8× | 7.0× | +12% | 26.7% |
| NDAQNasdaq | $57.3B | 29.9× | 27.9× | 23.5× | 6.6× | +8% | 22.5% |
| MCOMoody's | $83.7B | 30.7× | 34.4× | 27.2× | 10.3× | +12% | 34.3% |
| ICEIntercontinental Exchange | $91.4B | 23.0× | 25.9× | 19.6× | 6.8× | +7% | 30.1% |
| CMECME | $109.9B | 25.9× | 26.2× | 24.5× | 16.2× | +5% | 63.9% |
| TRUTransUnion | $15.6B | 21.5× | 45.7× | n/m | 3.2× | +12% | 15.1% |
| SPGIS&P Global | $132.8B | 27.4× | 32.8× | 23.9× | 8.2× | +10% | 30.5% |
| SNEXStoneX | $6.8B | 11.5× | 11.3× | n/m | 0.0× | +21% | 0.3% |
| BGCBGC | $5.6B | 28.8× | 30.6× | n/m | 1.7× | +28% | 6.0% |
| Peer median | $50.4B | 26.5× | 29.5× | 23.9× | 6.9× | +11% | 24.6% |
Investors who own it
Investors we follow who held MSCI at the end of Jun 30, 2026, from their 13F filings.
- Polen CapitalPolen Capital3.2% of portfoliotrimmed
- Ron BaronBaron Capital2.7% of portfolioadded
- Andreas HalvorsenViking Global Investors1.9% of portfolionew
- Tom GaynerMarkel Group0.6% of portfolio
- Baillie GiffordBaillie Gifford0.4% of portfoliotrimmed
- Terry SmithFundsmith0.2% of portfoliotrimmed
More on MSCI
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #2of 11Financial data and exchange stocks with the highest profit margins
- #8of 38Financial stocks with the fastest expected revenue growth
- #6of 11Financial data and exchange stocks with the fastest revenue growth
- #9of 11Financial data and exchange stocks with the lowest EV/EBIT
- #9of 10Financial data and exchange stocks with the fastest earnings growth
- #10of 11Financial data and exchange stocks with the lowest price to sales ratio
- #10of 10Financial data and exchange stocks with the lowest PE ratio
Its groups
About
- Industry
- Financial - Data & Stock Exchanges
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .