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MSCI (MSCI) Operating Margin %

: 53.72% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. MSCI's Operating Income for the three months ended in Dec. 2023 was $371 Mil. MSCI's Revenue for the three months ended in Dec. 2023 was $690 Mil. Therefore, MSCI's Operating Margin % for the quarter that ended in Dec. 2023 was 53.72%.

Good Sign:

MSCI Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for MSCI's Operating Margin % or its related term are showing as below:

MSCI' s Operating Margin % Range Over the Past 10 Years
Min: 33.83   Med: 48.21   Max: 54.75
Current: 54.75


MSCI's Operating Margin % is ranked better than
82.67% of 658 companies
in the Capital Markets industry
Industry Median: 13.805 vs MSCI: 54.75

MSCI's 5-Year Average Operating Margin % Growth Rate was 2.90% per year.

MSCI's Operating Income for the three months ended in Dec. 2023 was $371 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,385 Mil.


MSCI Operating Margin % Historical Data

The historical data trend for MSCI's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MSCI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.51 52.19 53.28 53.71 54.75

MSCI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.58 53.12 55.69 56.49 53.72

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, MSCI's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MSCI Operating Margin % Distribution

For the Capital Markets industry and Financial Services sector, MSCI's Operating Margin % distribution charts can be found below:

* The bar in red indicates where MSCI's Operating Margin % falls into.



MSCI Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

MSCI's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1384.609 / 2528.92
=54.75 %

MSCI's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=370.745 / 690.106
=53.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MSCI  (NYSE:MSCI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


MSCI Operating Margin % Related Terms

Thank you for viewing the detailed overview of MSCI's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


MSCI (MSCI) Business Description

Address
250 Greenwich Street, 49th Floor, 7 World Trade Center, New York, NY, USA, 10007
MSCI describes its mission as enabling investors to build better portfolios for a better world. MSCI's largest and most profitable segment is its index segment, where it provides benchmarking to asset managers and asset owners. In addition, it boasts over $1.3 trillion in ETF assets linked to MSCI indexes. The MSCI analytics segment provides portfolio management and risk management analytics software to asset managers and asset owners. MSCI's all other segment was broken out into ESG and climate and private assets segments in 2021. In ESG and climate, MSCI provides ESG data to the investment industry. In private assets, MSCI provides real restate reporting, market data, benchmarking, and analytics to investors and real estate managers.
Executives
Robert J. Gutowski officer: General Counsel C/O MSCI INC., 7 WORLD TRADE CENTER, 49TH FLOOR, NEW YORK NY 10007
Scott A Crum officer: Chief Human Resources Officer C/O MSCI INC., 7 WORLD TRADE CENTER, 250 GREENWICH STREET, 49TH FL., NEW YORK NY 10007
Catherine R Kinney director C/O QTS REALTY TRUST INC., 12851 FOSTER STREET, OVERLAND PARK KS 66213
Andrew C. Wiechmann officer: Interim CFO and Treasurer 7 WORLD TRADE CENTER, 250 GREENWICH STREET, 49TH FLOOR, NEW YORK NY 10007
Robin Matlock director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Cd Baer Pettit officer: Head of Client Coverage MSCI INC., 88 PINE STREET, NEW YORK NY 10005
Jennifer H Mak officer: Principal Accounting Officer 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Rajat Taneja director C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, LEGAL DEPT., REDWOOD CITY CA 94065
Paula Volent director MSCI INC., 7 WORLD TRADE CENTER, 49TH FLOOR, NEW YORK NY 10007
Sandy C. Rattray director MSCI INC., 7 WORLD TRADE CENTER, 49TH FLOOR, NEW YORK NY 10007
Henry A Fernandez director, officer: Chairman, CEO and President MSCI INC., 88 PINE STREET, NEW YORK NY 10005
Laurent Seyer officer: Global Head of Client Cvrg 7 WORLD TRADE CENTER, 250 GREENWICH STREET, 49TH FLOOR, NEW YORK NY 10007
Benjamin F Dupont director C/O MSCI INC., 88 PINE STREET, NEW YORK NY 10005
Linda Huber officer: CFO and Treasurer FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Jigar Thakkar officer: Chief Technology Officer C/O MSCI INC., 7 WORLD TRADE CENTER, 49TH FLOOR, NEW YORK NY 10007

MSCI (MSCI) Headlines

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