MSCI Inc. (MSCI) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

MSCI Inc. (MSCI) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

MSCI

Market Closed

MSCI Inc.

NYSEFinancial Services Financial - Data & Stock Exchanges

6.18K employees

CEO: Henry A. Fernandez

Founded: 2007

$581.19

+$0.00(+NaN%)

Market Cap

42.31B

Beta

1.23

52W Range

N/A

Dividend Yield

1.32%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

82.4%

10.3%

CAGR: 11.3%

Profit after direct costs

Operating Margin

54.7%

12.1%

CAGR: 12.4%

Core business profitability

Net Margin

38.4%

8.4%

CAGR: 13.4%

Bottom line profitability

Revenue Growth

9.7%

YoY

CAGR: 11.3%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how MSCI allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

82.4%

$2.58B

Operating Margin

54.7%

$1.71B

Net Margin

38.4%

$1.20B

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	2.04B	2.25B	2.53B	2.86B	3.13B	9.7%
Cost of Revenue	(358.68M)	(404.34M)	(446.58M)	(514.38M)	(550.37M)	7.0%
Gross Profit	1.68B	1.84B	2.08B	2.34B	2.58B	10.3%
Operating Expenses
Research & Development	(111.56M)	(107.20M)	(132.12M)	(158.65M)	(177.60M)	11.9%
Selling, General & Administrative	(391.08M)	(411.44M)	(430.17M)	(473.56M)	(500.05M)	5.6%
General & Administrative	(147.89M)	(146.86M)	(153.97M)	(182.34M)	(180.22M)	-1.2%
Selling & Marketing	(243.19M)	(264.58M)	(276.20M)	(291.22M)	(319.83M)	9.8%
Depreciation & Amortization	(134.13M)	(142.50M)	(159.22M)	(206.28M)	(218.57M)	6.0%
Operating Income (EBIT)	1.07B	1.21B	1.38B	1.53B	1.71B	12.1%
Non-Operating Items
Interest Income	1.50M	11.77M	34.48M	21.28M	16.01M	-24.7%
Interest Expense	(159.61M)	(171.57M)	(186.68M)	(185.50M)	(209.89M)	13.1%
Other Income/Expenses (Net)	-214.59M	-163.80M	-15.55M	-172.35M	-219.31M	27.2%
Income Before Tax	858.14M	1.04B	1.37B	1.36B	1.49B	10.2%
Income Tax Expense	(132.15M)	(173.27M)	(220.47M)	(247.04M)	(291.95M)	18.2%
Net Income	725.98M	870.57M	1.15B	1.11B	1.20B	8.4%
Per Share Metrics
Earnings Per Share (Basic)	$9	$11	$14	$14	$16	10.6%
Weighted Avg Shares Outstanding	82.51M	80.75M	79.46M	78.71M	77.16M	-2.0%
Weighted Avg Shares Outstanding (Diluted)	83.48M	81.22M	79.84M	78.96M	77.29M	-2.1%
EBITDA	1.15B	1.36B	1.71B	1.75B	1.93B	10.5%

Explore MSCI

Overview

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Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

MSCI in the Financial Services

Large Cap

Financial Services

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Financial - Data & Stock Exchanges

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