$MSCI Market Cap: $40.96 Billion
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Financial Snapshot

Revenue
$2.856B
TTM
Gross Margin
81.97%
TTM
Net Earnings
$1.109B
TTM
Current Assets
$1.344B
Q4 2024
Current Liabilities
$1.586B
Q4 2024
Current Ratio
84.76%
Q4 2024
Total Assets
$5.445B
Q4 2024
Total Liabilities
$6.385B
Q4 2024
Book Value
-$940.0M
Q4 2024
Cash
$409.4M
Q4 2024
P/E
36.93
Apr 10, 2025 EST
Free Cash Flow
$1.387B
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $2.856B $2.529B $2.249B $2.044B $1.695B $1.558B $1.434B $1.274B $1.151B $1.075B $996.7M $913.4M $827.0M $900.9M $662.9M $442.9M $431.0M $369.9M $310.7M $278.5M $178.4M $91.30M $83.80M
YoY Change 12.94% 12.47% 10.03% 20.54% 8.83% 8.63% 12.54% 10.73% 7.04% 7.86% 9.12% 10.44% -8.21% 35.91% 49.67% 2.76% 16.52% 19.05% 11.56% 56.11% 95.4% 8.95%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $2.856B $2.529B $2.249B $2.044B $1.695B $1.558B $1.434B $1.274B $1.151B $1.075B $996.7M $913.4M $827.0M $900.9M $662.9M $442.9M $431.0M $369.9M $310.7M $278.5M $178.4M $91.30M $83.80M
Cost Of Revenue $514.4M $446.6M $404.3M $358.7M $291.7M $295.0M $287.3M $273.7M $252.1M $267.7M $276.6M $240.7M $230.3M $277.1M $198.6M $118.7M $123.4M $121.0M $115.1M $106.6M $86.40M $44.70M $44.80M
Gross Profit $2.342B $2.082B $1.844B $1.685B $1.404B $1.263B $1.147B $1.001B $898.6M $807.3M $720.1M $672.7M $596.7M $623.8M $464.3M $324.3M $307.6M $248.9M $195.6M $171.9M $92.00M $46.60M $39.00M
Gross Profit Margin 81.99% 82.34% 82.02% 82.45% 82.8% 81.06% 79.96% 78.52% 78.09% 75.1% 72.25% 73.65% 72.15% 69.24% 70.04% 73.22% 71.37% 67.29% 62.95% 61.72% 51.57% 51.04% 46.54%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin $473.6M $430.2M $411.4M $391.1M $331.1M $329.4M $292.8M $264.9M $253.9M $248.3M $279.4M $232.4M $211.9M $213.0M $190.2M $135.8M $138.3M $91.10M $86.40M $70.20M $51.30M $30.40M $24.60M
YoY Change 10.09% 4.55% 5.21% 18.11% 0.52% 12.5% 10.53% 4.33% 2.26% -11.12% 20.18% 9.69% -0.5% 11.95% 40.09% -1.81% 51.81% 5.44% 23.08% 36.84% 68.75% 23.58%
% of Gross Profit 20.22% 20.66% 22.31% 23.21% 23.59% 26.08% 25.54% 26.48% 28.26% 30.76% 38.8% 34.56% 35.51% 34.14% 40.98% 41.87% 44.96% 36.6% 44.17% 40.84% 55.76% 65.24% 63.08%
Research & Development $158.7M $132.1M $107.2M $111.6M $101.1M $98.33M $81.40M $75.80M $75.20M $77.32M $71.10M $61.00M
YoY Change 20.08% 23.24% -3.91% 10.4% 2.77% 20.8% 7.39% 0.79% -2.74% 8.76% 16.54%
% of Gross Profit 6.77% 6.34% 5.81% 6.62% 7.2% 7.79% 7.1% 7.58% 8.37% 9.58% 9.87% 9.07%
Depreciation & Amortization $16.98M $135.4M $118.0M $28.90M $29.81M $30.00M $31.35M $35.44M $34.32M $30.89M $25.93M $22.30M $18.70M $19.43M $17.41M $37.60M $33.50M $27.90M $29.70M $32.00M $22.80M $0.00 $0.00
YoY Change -87.46% 14.81% 308.19% -3.03% -0.65% -4.3% -11.55% 3.26% 11.11% 19.12% 16.27% 19.26% -3.73% 11.55% -53.69% 12.24% 20.07% -6.06% -7.19% 40.35%
% of Gross Profit 0.73% 6.5% 6.4% 1.72% 2.12% 2.38% 2.73% 3.54% 3.82% 3.83% 3.6% 3.32% 3.13% 3.11% 3.75% 11.59% 10.89% 11.21% 15.18% 18.62% 24.78% 0.0% 0.0%
Operating Expenses $632.2M $697.7M $636.6M $612.1M $101.1M $427.7M $459.8M $420.7M $329.1M $325.6M $350.4M $293.5M $211.9M $213.0M $190.2M $173.3M $171.8M $118.9M $112.5M $98.20M $66.20M $30.40M $24.60M
YoY Change -9.39% 9.6% 4.0% 505.76% -76.37% -6.98% 9.29% 27.83% 1.07% -7.08% 19.42% 38.48% -0.5% 11.95% 9.78% 0.87% 44.49% 5.69% 14.56% 48.34% 117.76% 23.58%
Operating Profit $1.529B $1.385B $1.208B $1.073B $884.8M $755.7M $686.9M $579.8M $488.1M $403.9M $337.2M $340.3M $318.2M $322.0M $206.1M $151.0M $135.8M $130.0M $83.10M $73.70M $25.80M $16.20M $14.40M
YoY Change 10.39% 14.65% 12.58% 21.24% 17.08% 10.02% 18.48% 18.78% 20.85% 19.79% -0.93% 6.94% -1.17% 56.22% 36.51% 11.19% 4.46% 56.44% 12.75% 185.66% 59.26% 12.5%
Operating Profit To Gross Profit 65.27% 66.49% 65.48% 63.67% 63.03% 59.84% 59.91% 57.95% 54.32% 50.03% 46.82% 50.59% 53.33% 51.62% 44.4% 46.56% 44.15% 52.23% 42.48% 42.87% 28.04% 34.76% 36.92%
Operating Profit To Revenue 53.52% 54.75% 53.71% 52.49% 52.19% 48.51% 47.9% 45.5% 42.42% 37.57% 33.83% 37.26% 38.48% 35.74% 31.09% 34.09% 31.51% 35.14% 26.75% 26.46% 14.46% 17.74% 17.18%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Interest Expense -$164.2M -$9.171M -$159.8M -$158.1M $156.3M $148.0M $133.1M $116.1M $101.7M $62.39M $31.82M $26.26M $56.40M $55.82M $51.34M -$18.60M -$18.80M $3.600M $15.10M $6.900M $600.0K $800.0K $800.0K
YoY Change 1690.68% -94.26% 1.07% -201.15% 5.6% 11.21% 14.66% 14.21% 62.94% 96.06% 21.19% -53.45% 1.04% 8.73% -376.01% -1.06% -622.22% -76.16% 118.84% 1050.0% -25.0% 0.0%
% of Operating Profit -10.74% -0.66% -13.23% -14.74% 17.67% 19.59% 19.38% 20.02% 20.83% 15.45% 9.44% 7.71% 17.72% 17.34% 24.91% -12.32% -13.84% 2.77% 18.17% 9.36% 2.33% 4.94% 5.56%
Other Income/Expense, Net -$172.4M -$6.377M -$3.997M -$214.6M -$198.5M -$152.4M -$57.00M -$112.9M -$102.2M -$54.34M -$28.83M -$27.50M -$57.43M -$58.59M -$52.63M -$600.0K -$7.400M -$200.0K $1.300M $400.0K $0.00 $0.00 $0.00
YoY Change 2602.68% 59.54% -98.14% 8.08% 30.29% 167.33% -49.5% 10.48% 88.0% 88.51% 4.82% -52.11% -1.96% 11.31% 8672.0% -91.89% 3600.0% -115.38% 225.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Pretax Income $1.356B $1.369B $1.044B $858.1M $686.2M $603.3M $629.9M $466.9M $385.9M $349.6M $308.3M $312.8M $220.1M $220.3M $130.9M $131.7M $109.6M $133.3M $99.50M $80.90M $26.40M $17.00M $15.30M
YoY Change -0.94% 31.16% 21.64% 25.05% 13.74% -4.22% 34.91% 20.98% 10.41% 13.37% -1.44% 42.15% -0.1% 68.3% -0.61% 20.16% -17.78% 33.97% 22.99% 206.44% 55.29% 11.11%
Income Tax $247.0M $220.5M $173.3M $132.2M $84.40M $39.67M $122.0M $162.9M $125.1M $119.5M $109.4M $112.9M $96.01M $89.96M $61.32M $49.90M $41.40M $52.20M $36.10M $30.40M $8.500M $5.800M $4.800M
% Of Pretax Income 18.22% 16.1% 16.6% 15.4% 12.3% 6.58% 19.37% 34.9% 32.41% 34.19% 35.48% 36.1% 43.63% 40.83% 46.85% 37.89% 37.77% 39.16% 36.28% 37.58% 32.2% 34.12% 31.37%
Net Earnings $1.109B $1.149B $870.6M $726.0M $601.8M $563.6M $507.9M $304.0M $260.9M $223.6M $284.1M $222.6M $184.2M $173.5M $92.17M $81.80M $68.30M $81.10M $71.40M $54.60M $17.80M $11.20M $10.50M
YoY Change -3.44% 31.94% 19.92% 20.63% 6.77% 10.98% 67.08% 16.53% 16.64% -21.28% 27.66% 20.8% 6.22% 88.19% 12.68% 19.77% -15.78% 13.59% 30.77% 206.74% 58.93% 6.67%
Net Earnings / Revenue 38.83% 45.42% 38.72% 35.53% 35.5% 36.18% 35.42% 23.86% 22.67% 20.8% 28.51% 24.37% 22.28% 19.25% 13.9% 18.47% 15.85% 21.92% 22.98% 19.61% 9.98% 12.27% 12.53%
Basic Earnings Per Share $14.09 $14.45 $10.78 $8.80 $7.19 $6.66 $5.83 $3.36 $2.72 $2.05 $2.45 $1.85 $1.50 $1.43 $0.82
Diluted Earnings Per Share $14.05 $14.39 $10.72M $8.70 $7.12 $6.59 $5.66 $3.31 $2.70 $2.03 $2.43 $1.83 $1.48 $1.41 $0.81 $810.7K $681.0K $958.6K $851.0K $650.8K $212.2K $133.5K $125.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments $405.9M $457.8M $993.6M $1.421B $1.301B $1.507B $904.2M $889.5M $791.8M $777.7M $508.8M $358.4M $254.2M $392.7M $342.2M $471.3M $268.1M $171.4M $354.6M $276.3M
YoY Change -11.35% -53.92% -30.1% 9.3% -13.68% 66.62% 1.65% 12.34% 1.81% 52.85% 41.96% 40.99% -35.27% 14.76% -27.39% 75.79% 56.42% -51.66% 28.34%
Cash & Equivalents $405.9M $457.8M $993.6M $1.421B $1.301B $1.507B $904.2M $889.5M $791.8M $777.7M $508.8M $358.4M $183.3M $252.2M $269.4M $176.0M $268.1M $171.4M $354.6M $276.3M
Short-Term Investments $70.90M $140.5M $72.80M $295.3M $0.00
Other Short-Term Assets $117.5M $120.8M $91.17M $57.45M $66.50M $75.90M $57.50M $50.00M $42.30M $77.30M $81.90M $96.40M $107.1M $104.7M $94.70M $54.00M $36.70M $29.60M $7.500M $5.900M
YoY Change -2.75% 32.48% 58.7% -13.61% -12.38% 32.0% 15.0% 18.2% -45.28% -5.62% -15.04% -9.99% 2.29% 10.56% 75.37% 47.14% 23.99% 294.67% 27.12%
Inventory
Prepaid Expenses
Receivables $820.7M $839.6M $663.2M $664.5M $558.6M $499.3M $473.4M $327.6M $221.5M $208.2M $178.7M $169.5M $153.6M $180.6M $138.0M $77.20M $87.50M $80.40M $100.2M $79.10M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.344B $1.418B $1.748B $2.143B $1.926B $2.082B $1.435B $1.267B $1.056B $1.063B $769.5M $624.3M $514.8M $677.9M $575.0M $602.5M $392.3M $281.4M $462.2M $361.3M
YoY Change -5.23% -18.87% -18.45% 11.31% -7.5% 45.06% 13.26% 20.02% -0.71% 38.18% 23.26% 21.27% -24.06% 17.9% -4.56% 53.58% 39.41% -39.12% 27.93%
Property, Plant & Equipment $190.3M $171.2M $180.4M $211.3M $233.8M $257.1M $90.90M $94.40M $95.60M $98.90M $94.10M $85.60M $67.40M $37.60M $35.70M $29.40M $28.40M $4.200M $5.200M $6.300M
YoY Change 11.19% -5.14% -14.61% -9.62% -9.06% 182.84% -3.71% -1.26% -3.34% 5.1% 9.93% 27.0% 79.26% 5.32% 21.43% 3.52% 576.19% -19.23% -17.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $214.4M $218.8M $190.9M $3.000M $3.000M $3.000M
YoY Change -100.0% -2.0% 14.6% 0.0% 0.0%
Other Assets $88.32M $84.98M $66.55M $103.5M $47.60M $41.20M $35.40M $31.60M $27.80M $27.70M $20.50M $17.40M $12.90M $24.00M $29.40M $6.600M $6.800M $0.00
YoY Change 3.93% 27.69% -35.7% 117.45% 15.53% 16.38% 12.03% 13.67% 0.36% 35.12% 17.82% 34.88% -46.25% -18.37% 345.45% -2.94%
Total Long-Term Assets $4.101B $4.100B $3.250B $3.363B $2.273B $2.123B $1.953B $2.009B $2.027B $2.084B $2.113B $2.512B $2.505B $2.415B $2.483B $597.8M $622.7M $623.3M $650.6M $677.8M
YoY Change 0.03% 26.17% -3.38% 47.97% 7.09% 8.69% -2.77% -0.9% -2.73% -1.39% -15.88% 0.28% 3.71% -2.72% 315.27% -4.0% -0.1% -4.2% -4.01%
Total Assets $5.445B $5.518B $4.998B $5.507B $4.199B $4.204B $3.388B $3.276B $3.083B $3.147B $2.883B $3.136B $3.020B $3.093B $3.058B $1.200B $1.015B $904.7M $1.113B $1.039B
YoY Change
Accounts Payable $14.52M $9.812M $15.04M $13.45M $14.30M $6.500M $3.900M $1.600M $600.0K $2.500M $2.800M $1.200M $3.000M $200.0K $200.0K $1.900M $35.90M $17.20M $64.70M $68.10M
YoY Change 47.95% -34.76% 11.83% -5.96% 120.0% 66.67% 143.75% 166.67% -76.0% -10.71% 133.33% -60.0% 1400.0% 0.0% -89.47% -94.71% 108.72% -73.42% -4.99%
Accrued Expenses $409.7M $387.7M $335.8M $352.9M $305.5M $305.4M $250.9M $231.6M $201.5M $178.1M $159.1M $162.2M $155.8M $153.0M $142.1M $95.60M $88.40M $64.00M $52.90M $48.60M
YoY Change 5.67% 15.46% -4.85% 15.53% 0.03% 21.72% 8.33% 14.94% 13.14% 11.94% -1.91% 4.11% 1.83% 7.67% 48.64% 8.14% 38.13% 20.98% 8.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $10.90M $8.713M $19.80M $43.10M $10.30M $54.90M $42.10M $22.10M $22.30M $0.00
YoY Change -100.0% 25.12% -54.06% 318.45% -81.24% 30.4% 90.5% -0.9%
Total Short-Term Liabilities $1.586B $1.517B $1.251B $1.251B $1.022B $900.8M $809.0M $607.7M $536.6M $498.1M $472.9M $503.0M $509.9M $452.8M $466.1M $292.5M $291.1M $244.9M $221.0M $212.7M
YoY Change 4.52% 21.31% -0.03% 22.42% 13.43% 11.35% 33.12% 13.25% 7.73% 5.33% -5.98% -1.35% 12.61% -2.85% 59.35% 0.48% 18.86% 10.81% 3.9%
Long-Term Debt $4.511B $4.497B $4.503B $4.161B $3.367B $3.072B $2.576B $2.078B $2.075B $1.579B $788.4M $788.0M $811.6M $1.067B $1.208B $337.6M $379.7M $402.8M $0.00 $0.00
YoY Change 0.31% -0.14% 8.21% 23.6% 9.6% 19.27% 23.94% 0.14% 31.39% 100.33% 0.05% -2.91% -23.9% -11.71% 257.82% -11.09% -5.73%
Other Long-Term Liabilities $241.3M $217.1M $222.6M $254.2M $240.6M $241.8M $87.90M $110.9M $59.10M $57.00M $50.60M $46.10M $38.60M $27.80M $27.10M $23.00M $8.500M $0.00
YoY Change 11.16% -2.47% -12.42% 5.64% -0.5% 175.09% -20.74% 87.65% 3.68% 12.65% 9.76% 19.43% 38.85% 2.58% 17.83% 170.59%
Total Long-Term Liabilities $4.752B $4.714B $4.726B $4.416B $3.607B $3.314B $2.663B $2.189B $2.134B $1.636B $839.0M $834.1M $850.2M $1.094B $1.235B $360.6M $388.2M $402.8M $0.00 $0.00
YoY Change 0.81% -0.25% 7.03% 22.4% 8.86% 24.42% 21.67% 2.56% 30.43% 95.04% 0.59% -1.89% -22.31% -11.4% 242.51% -7.11% -3.62%
Total Liabilities $6.385B $6.258B $6.005B $5.670B $4.642B $4.281B $3.554B $2.875B $2.765B $2.246B $1.450B $1.572B $1.594B $1.788B $1.955B $693.2M $728.7M $704.7M $287.1M $288.2M
YoY Change 2.04% 4.2% 5.91% 22.15% 8.43% 20.45% 23.64% 3.97% 23.14% 54.89% -7.77% -1.42% -10.81% -8.58% 182.07% -4.87% 3.41% 145.45% -0.38%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding 78.71M shares 79.46M shares 80.75M shares 82.51M 83.72M 84.64M 87.18M 90.34M 95.99M 109.1M 115.7M 120.1M shares 122.0M shares 120.7M shares 112.1M shares
Diluted Shares Outstanding 78.96M shares 79.84M shares 81.22M shares 83.48M 84.52M 85.54M 89.70M 91.91M 96.54M 109.9M 116.7M 121.1M shares 123.2M shares 122.3M shares 113.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $40.956 Billion

About MSCI Inc

MSCI, Inc. engages in the provision of investment decision support tools including indices, portfolio risk and performance analytics and corporate governance products and services. The company is headquartered in New York City, New York and currently employs 6,132 full-time employees. The company went IPO on 2007-11-15. The firm operates through four segments: Index, Analytics, ESG and Climate, and All Other-Private Assets. The Index segment offers products, such as MSCI Global Equity Indexes, ESG and Climate Indexes, Factor Indexes, Thematic Indexes, Client-Designed Indexes, Fixed Income Indexes and Real Assets Indexes. The Analytics segment offers risk management, performance attribution and portfolio management content, applications and services. Its ESG and Climate segment offerings include MSCI ESG Ratings, MSCI ESG Business Involvement Screening Research, and MSCI Climate Solutions. The firm's All Other-Private Assets segment comprises the Real Assets segment and Private Capital Solutions segment. The Real Assets segment offers data, benchmarks, return-analytics, climate assessments and market insights for tangible assets such as real estate and infrastructure.

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