MSCI vs SPGI
MSCI (MSCI) and S&P Global (SPGI) compared side by side. S&P Global (SPGI) is larger, with a market cap of $132.8B versus $44.8B for MSCI, about 3.0 times the size. On trailing earnings, SPGI is cheaper at 27.4x versus 31.7x for MSCI.
Head to head
| Metric | MSCI | SPGI |
|---|---|---|
| Market cap | $44.8B | $132.8B |
| P/E (TTM) | 31.7x | 27.4x |
| Forward P/E | 27.5x | 22.3x |
| Revenue (TTM) | $3.4B | $16.1B |
| Revenue growth | 12.4% | 10.4% |
| Gross margin | 82.9% | 70.9% |
| Operating margin | 56.4% | 44.8% |
| Free cash flow | $1.5B | $5.6B |
| Dividend yield | 1.33% | 0.86% |
| 1-year return | +15.9% | -0.5% |
| 5-year return (annual) | +0.1% | +2.0% |
| Max drawdown | -69% | -75% |
| FI Handbook grade | B | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
MSCI vs SPGI FAQ
Which is bigger, MSCI or SPGI?
S&P Global (SPGI) is larger, with a market cap of $132.8B versus $44.8B for MSCI, about 3.0 times the size.
Is MSCI or SPGI cheaper?
On trailing earnings, SPGI is cheaper at 27.4x versus 31.7x for MSCI. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, MSCI or SPGI?
MSCI returned +15.9% over the past year including dividends, versus -0.5% for SPGI, through October 23, 2026.
Which pays a higher dividend, MSCI or SPGI?
MSCI yields 1.33% versus 0.86% for SPGI.
Full pages: MSCI · S&P Global