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MSCIMSCI

Financial Exchanges & Data · New York City, New York · In the S&P 500
High qualityPricier than peers
$623.38+0.78%After hours: $623.38 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 9.8% over 1 year
MSCI over 1 yearDaily close, $, to 30 Oct 2026
$550$600Nov2026MarMayJulSep$623.38$550$600NovMarJul$623.38
Source: Nasdaq daily closes
Market value$44.57B
Price to earnings33.0x
Forward P/E29.7x
Dividend yield1.32%
Year to date+8.7%
One year+9.8%
Next earningsNot scheduled
SectorFinancials
52-week range (closes)
$511.84$643.83

Quality and valuation

How MSCI compares with other financials stocks. A description, not a recommendation.

MSCI and 7 financial exchanges & data peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most financials companies, priced above most of them.

MSCI trades at 29.7 times the next 12 months of expected earnings, against a median of 13.0x for the 84 financials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +12.3% vs +10.2%
  • More profitable (operating margin): 55.7% vs 22.3%
  • Turns more of its sales into cash: 45.9% vs 20.3%
MSCI trades at 29.7x forward earnings, above the sector medianForward p/e, Financial Exchanges & Data peers
FDS16.8xCBOE23.4xCME24.0xNDAQ24.3xSPGI24.9xMCO28.0xMSCI29.7xCOIN143.2xSector median 13.0xFDS16.8xCBOE23.4xCME24.0xNDAQ24.3xSPGI24.9xMCO28.0xMSCI29.7xCOIN143.2xSector median 13.0x
Source: CNBC quotes; Mostly Markets
At 33.0x earnings, MSCI is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
30x35x40xAverage 36.2x2025202633.0x30x35x40xAverage 36.2x2025202633.0x
Source: Nasdaq prices; SEC filings

Financials

From MSCI's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 12.4% from a year earlierQuarterly revenue, $m, latest Q3 ’26
$0m$250m$500m$750mQ4 ’24Q2 ’25Q4 ’25$892mQ3 ’26$0m$500mQ4 ’24Q2 ’25Q4 ’25$892mQ3 ’26
Source: SEC filings
Growth sped up to +12.4% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’2512.4%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’2512.4%Q3 ’26
Source: SEC filings
Operating margin was 56.3% last quarterOperating income as a share of revenue, %
0%20%40%Q4 ’24Q2 ’25Q4 ’2556.3%Q3 ’260%20%40%Q4 ’24Q2 ’25Q4 ’2556.3%Q3 ’26
Source: SEC filings
Free cash flow was $1.6 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$423mQ3 ’26$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$423mQ3 ’26
Source: SEC filings
Last 12 monthsMSCISector median
Revenue growth+12.3%+10.2%
Operating margin55.7%22.3%
Free cash flow margin45.9%20.3%
Price to earnings33.0x14.6x

Stories on MSCI

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Similar companies

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CompanyPriceTodayYTDValue
SPGIS&P Global$466.55+1.28%−9.0%$135B
CMECME Group$303.14+2.27%+11.0%$109B
MCOMoody's$493.91+1.04%−3.3%$85.15B
NDAQNasdaq$106.23+0.60%+9.4%$58.95B
COINCoinbase$143.54−10.62%−36.5%$37.87B
CBOECboe Global Markets$335.53+6.77%+33.7%$35.04B
FDSFactSet$329.57+2.98%+13.6%$11.62B
ICEIntercontinental Exchange––+4.3%–