ING vs. MSCI: A Head-to-Head Stock Comparison

Updated on August 24, 2025

Here’s a clear look at ING and MSCI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

ING trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, MSCI is a standard domestic listing.

Symbol	ING	MSCI
Company Name	ING Groep N.V.	MSCI Inc.
Country	Netherlands	United States
GICS Sector	Financials	Financials
GICS Industry	Banks	Capital Markets
Market Capitalization	73.55 billion USD	44.43 billion USD
Exchange	NYSE	NYSE
Listing Date	May 18, 1994	November 15, 2007
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of ING and MSCI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

ING vs. MSCI: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	ING	MSCI
5-Day Price Return	1.04%	1.51%
13-Week Price Return	11.87%	0.28%
26-Week Price Return	30.20%	0.34%
52-Week Price Return	33.59%	2.45%
Month-to-Date Return	4.20%	2.30%
Year-to-Date Return	41.11%	-4.29%
10-Day Avg. Volume	6.26M	0.55M
3-Month Avg. Volume	8.60M	0.62M
3-Month Volatility	19.63%	26.84%
Beta	1.09	1.35

Profitability

Return on Equity (TTM)

ING

18.77%

Banks Industry

Max: 26.37%
Q3: 15.92%
Median: 12.25%
Q1: 8.69%
Min: 0.15%

In the upper quartile for the Banks industry, ING’s Return on Equity of 18.77% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

MSCI

108.67%

Capital Markets Industry

Max: 38.97%
Q3: 21.61%
Median: 13.77%
Q1: 8.31%
Min: -4.25%

MSCI’s Return on Equity of 108.67% is exceptionally high, placing it well beyond the typical range for the Capital Markets industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

ING vs. MSCI: A comparison of their Return on Equity (TTM) against their respective Banks and Capital Markets industry benchmarks.

Net Profit Margin (TTM)

ING

29.92%

Banks Industry

Max: 54.20%
Q3: 35.70%
Median: 28.97%
Q1: 22.53%
Min: 6.98%

ING’s Net Profit Margin of 29.92% is aligned with the median group of its peers in the Banks industry. This indicates its ability to convert revenue into profit is typical for the sector.

MSCI

39.46%

Capital Markets Industry

Max: 66.67%
Q3: 35.11%
Median: 23.49%
Q1: 13.63%
Min: -15.18%

A Net Profit Margin of 39.46% places MSCI in the upper quartile for the Capital Markets industry, signifying strong profitability and more effective cost management than most of its peers.

ING vs. MSCI: A comparison of their Net Profit Margin (TTM) against their respective Banks and Capital Markets industry benchmarks.

Operating Profit Margin (TTM)

ING

42.36%

Banks Industry

Max: 63.35%
Q3: 44.59%
Median: 37.24%
Q1: 28.25%
Min: 13.37%

ING’s Operating Profit Margin of 42.36% is around the midpoint for the Banks industry, indicating that its efficiency in managing core business operations is typical for the sector.

MSCI

53.86%

Capital Markets Industry

Max: 86.40%
Q3: 46.46%
Median: 32.80%
Q1: 18.32%
Min: -21.87%

An Operating Profit Margin of 53.86% places MSCI in the upper quartile for the Capital Markets industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

ING vs. MSCI: A comparison of their Operating Profit Margin (TTM) against their respective Banks and Capital Markets industry benchmarks.

Profitability at a Glance

Symbol	ING	MSCI
Return on Equity (TTM)	18.77%	108.67%
Return on Assets (TTM)	0.90%	21.86%
Net Profit Margin (TTM)	29.92%	39.46%
Operating Profit Margin (TTM)	42.36%	53.86%
Gross Profit Margin (TTM)	--	82.18%

Financial Strength

Current Ratio (MRQ)

ING

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

For the Banks industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

MSCI

0.86

Capital Markets Industry

Max: 3.76
Q3: 1.89
Median: 1.01
Q1: 0.54
Min: -0.41

For the Capital Markets industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

ING vs. MSCI: A comparison of their Current Ratio (MRQ) against their respective Banks and Capital Markets industry benchmarks.

Debt-to-Equity Ratio (MRQ)

ING

3.41

Banks Industry

Max: 4.75
Q3: 2.62
Median: 1.02
Q1: 0.39
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Banks industry.

MSCI

6.80

Capital Markets Industry

Max: 6.62
Q3: 2.84
Median: 1.02
Q1: 0.32
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Capital Markets industry.

ING vs. MSCI: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Banks and Capital Markets industry benchmarks.

Interest Coverage Ratio (TTM)

ING

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Banks industry.

MSCI

9.26

Capital Markets Industry

Max: 126.03
Q3: 60.98
Median: 11.77
Q1: 4.95
Min: -36.26

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Capital Markets industry.

ING vs. MSCI: A comparison of their Interest Coverage Ratio (TTM) against their respective Banks and Capital Markets industry benchmarks.

Financial Strength at a Glance

Symbol	ING	MSCI
Current Ratio (MRQ)	--	0.86
Quick Ratio (MRQ)	--	0.77
Debt-to-Equity Ratio (MRQ)	3.41	6.80
Interest Coverage Ratio (TTM)	--	9.26

Growth

Revenue Growth

ING vs. MSCI: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

ING vs. MSCI: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

ING

6.34%

Banks Industry

Max: 10.27%
Q3: 5.83%
Median: 3.81%
Q1: 2.50%
Min: 0.00%

With a Dividend Yield of 6.34%, ING offers a more attractive income stream than most of its peers in the Banks industry, signaling a strong commitment to shareholder returns.

MSCI

1.21%

Capital Markets Industry

Max: 10.26%
Q3: 4.86%
Median: 2.78%
Q1: 1.22%
Min: 0.00%

MSCI’s Dividend Yield of 1.21% is in the lower quartile for the Capital Markets industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

ING vs. MSCI: A comparison of their Dividend Yield (TTM) against their respective Banks and Capital Markets industry benchmarks.

Dividend Payout Ratio (TTM)

ING

65.42%

Banks Industry

Max: 147.07%
Q3: 80.55%
Median: 54.40%
Q1: 35.71%
Min: 0.00%

ING’s Dividend Payout Ratio of 65.42% is within the typical range for the Banks industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

MSCI

45.34%

Capital Markets Industry

Max: 200.72%
Q3: 101.92%
Median: 57.97%
Q1: 32.36%
Min: 0.00%

MSCI’s Dividend Payout Ratio of 45.34% is within the typical range for the Capital Markets industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ING vs. MSCI: A comparison of their Dividend Payout Ratio (TTM) against their respective Banks and Capital Markets industry benchmarks.

Dividend at a Glance

Symbol	ING	MSCI
Dividend Yield (TTM)	6.34%	1.21%
Dividend Payout Ratio (TTM)	65.42%	45.34%

Valuation

Price-to-Earnings Ratio (TTM)

ING

6.70

Banks Industry

Max: 20.05
Q3: 12.65
Median: 10.21
Q1: 7.54
Min: 2.74

In the lower quartile for the Banks industry, ING’s P/E Ratio of 6.70 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

MSCI

37.60

Capital Markets Industry

Max: 58.89
Q3: 31.00
Median: 18.54
Q1: 12.09
Min: 5.24

A P/E Ratio of 37.60 places MSCI in the upper quartile for the Capital Markets industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

ING vs. MSCI: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Banks and Capital Markets industry benchmarks.

Price-to-Sales Ratio (TTM)

ING

1.96

Banks Industry

Max: 5.06
Q3: 2.98
Median: 2.24
Q1: 1.59
Min: 0.45

The P/S Ratio is often not a primary valuation tool in the Banks industry.

MSCI

14.84

Capital Markets Industry

Max: 14.49
Q3: 7.41
Median: 4.68
Q1: 2.25
Min: 0.04

With a P/S Ratio of 14.84, MSCI trades at a valuation that eclipses even the highest in the Capital Markets industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

ING vs. MSCI: A comparison of their Price-to-Sales Ratio (TTM) against their respective Banks and Capital Markets industry benchmarks.

Price-to-Book Ratio (MRQ)

ING

1.19

Banks Industry

Max: 2.18
Q3: 1.36
Median: 1.09
Q1: 0.81
Min: 0.20

ING’s P/B Ratio of 1.19 is within the conventional range for the Banks industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

MSCI

42.21

Capital Markets Industry

Max: 9.48
Q3: 4.94
Median: 2.42
Q1: 1.21
Min: 0.38

At 42.21, MSCI’s P/B Ratio is at an extreme premium to the Capital Markets industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

ING vs. MSCI: A comparison of their Price-to-Book Ratio (MRQ) against their respective Banks and Capital Markets industry benchmarks.

Valuation at a Glance

Symbol	ING	MSCI
Price-to-Earnings Ratio (TTM)	6.70	37.60
Price-to-Sales Ratio (TTM)	1.96	14.84
Price-to-Book Ratio (MRQ)	1.19	42.21
Price-to-Free Cash Flow Ratio (TTM)	6.14	32.60