• MSCI Inc average operating margin for 2023 was 54.54%, a 3.04% decline from 2022.
• MSCI Inc average operating margin for 2022 was 52.93%, a 0.21% increase from 2021.
• MSCI Inc average operating margin for 2021 was 52.82%, a 3.65% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.