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MSCI Inc. MSCI

NYSE · stock · Services-Business Services, NEC · website · IPO 2007-11-15 · LEI

MSCI Inc. statistics & valuation

Market cap$40.4B
P / E33.6×
P / S12.9×
P / FCF26.1×
Dividend yield1.38%
Net margin38.4%
FCF margin49.4%
Net debt$5.7B
Net debt / EBITDA3.3×
Enterprise value USD$46.1B
EV / EBITDA26.5×
Earnings yield EBIT/EV3.7%
Return on capital44.2%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
22.70% 23.90% 35.40% 36.20% 35.50% 35.50% 38.70% 45.40% 38.80% 38.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
42.40% 45.50% 47.90% 48.50% 52.20% 52.50% 53.70% 54.80% 53.50% 54.70% 2016201720182019202020212022202320242025
Return on equity (%)
82.10% 75.80% 2016201720182019202020212022202320242025
Shares outstanding
96.5M 91.9M 89.7M 85.5M 84.5M 83.5M 81.2M 79.8M 79.0M 76.6M 2016201720182019202020212022202320242025
Net debt ($)
$1.28B $1.19B $1.67B $1.57B $2.07B $2.74B $3.52B $4.05B $4.10B $5.69B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
8.50% 9.30% 15.00% 13.40% 14.30% 13.20% 17.40% 20.80% 20.40% 21.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
35.60% 29.10% 40.60% 43.70% 46.60% 45.10% 48.10% 48.00% 51.40% 49.40% 2016201720182019202020212022202320242025
Debt / equity (×)
6.53× 5.18× 2016201720182019202020212022202320242025
EPS ($)
$2.70 $3.31 $5.66 $6.59 $7.12 $8.70 $10.72 $14.39 $14.05 $15.69 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MSCI Inc. trades at about 35.9× earnings — below its 10-year norm (10-year range 30.1×–61.6×, median 42.5×).

30.1× 61.6×

Shaded band = 10-year range (30.1×–61.6×); dot = today's 35.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin54.7%53.5%54.8%53.7%52.5%52.2%48.5%47.9%45.5%42.4%
Net margin38.4%38.8%45.4%38.7%35.5%35.5%36.2%35.4%23.9%22.7%
FCF margin49.4%51.4%48.0%48.1%45.1%46.6%43.7%40.6%29.1%35.6%
Return on assets21.1%20.4%20.8%17.4%13.2%14.3%13.4%15.0%9.3%8.5%
Return on equity-45.3%-118.0%-155.3%-86.4%-444.1%-135.8%-734.7%-305.0%75.8%82.1%
Debt / equity-2.34×-4.80×-6.09×-4.48×-25.46×-7.60×-40.04×-15.47×5.18×6.53×
Current ratio0.900.850.931.401.711.882.311.772.091.97

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.