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MSCI Inc. MSCI SPX

Financial Services · Financial Data & Stock Exchanges · United States
https://www.msci.com

MSCI Inc., together with its subsidiaries, provides research-based data, analytics, and indexes, supported by advanced technology worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial products, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct. The Analytics segment offers risk management, performance attribution and portfolio management content, application, an integrated view of risk and return service, and an analysis of market, credit, liquidity, counterparty, and climate risk across asset classes; managed services, including consolidation of client portfolio data, review and reconciliation of input data and results, and customized reporting; and HedgePlatform to measure, evaluate, and monitor the risk of hedge fund investments. The Sustainability and Climate segment provides products and services that help institutional investors understand how ESG impacts the long-term risk and return of their portfolio and individual security-level investments; and data, ratings, research, and tools to assist investors navigate increasing regulation. The All Other – Private Assets segment comprises private credit, real estate and infrastructure data, benchmarks, return-analytics, climate assessments and market insights; business intelligence to real estate owners, managers, developers, and brokers; and offers investment decision support tools for private capital. The Private Capital Solutions segment offers tools to help private asset investors across mission-critical workflows, such as sourcing terms and conditions, evaluating operating performance, managing risk and other activities supporting private capital investment. MSCI Inc. was incorporated in 1998 and is based in New York, New York.

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$631.38
+13.51% 1Y

Market & Price

Market Cap
$45.92B
Current Price
$631.38
High / Low (52W)
$631.38 / $508.00
Beta
1.24

Valuation

Stock P/E
36.10
Industry PE
12.01
Forward P/E
28.05
PEG Ratio
2.03
Book Value
$-38.05
Price to Book
-16.59
P/S
14.17
EV/EBITDA
27.46
Dividend Yield
1.30%

Profitability & Returns

ROCE
44.00%
ROE
-
ROA
20.55%
Profit Margin
40.74%
Op Margin
53.70%
EPS (Latest Qtr)
$5.53
EPS (TTM)
$17.49

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
0.78
Current Ratio
0.86
Debt
$6.57B
Total Assets
$5.70B
Current Assets
$1.64B
Working Capital
$-184.94M

Ownership

Promoter Holding
3.59%
Chg in Prom Hold
-
FII / Inst Holding
93.96%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$52.16B
Total Revenue (TTM)
$3.24B
EBITDA
$1.90B
Free Cash Flow
$1.21B
Operating Cash Flow
$1.59B
Shares Outstanding
72.73M
Gross Margin
82.86%
Payout Ratio
42.55%

Growth (CAGR)

Revenue 5Y
11.71%
Profit 5Y
11.36%
Revenue (YoY)
14.10%
Earnings (YoY)
49.10%

PROS

  • Healthy ROCE of 44.0%.
  • Excellent profit margin of 40.7%.
  • Compounding revenue at 11.7% over 5 years.
  • Profit CAGR of 11.4% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MSCI MSCI Inc. SPX 631.38 36.10 $45.92B 1.30% 44.00% - 11.71% 11.36%
2 JPM JPMorgan Chase & Co. SPX 299.31 14.33 $802.00B 2.00% - 16.47% 12.50% 14.83%
3 V Visa Inc. SPX 326.36 28.48 $620.65B 0.82% 38.38% 60.35% 10.92% 10.28%
4 MA Mastercard Incorporated SPX 493.98 28.57 $436.47B 0.70% 61.47% - 13.82% 14.66%
5 MS Morgan Stanley SPX 208.00 18.84 $328.08B 1.92% - 16.39% 9.52% 15.20%
6 GS The Goldman Sachs Group, Inc. SPX 1,025.56 18.73 $302.55B 1.76% - 14.55% 7.16% 15.11%
7 WFC Wells Fargo & Company SPX 77.54 11.98 $237.29B 2.32% - 12.03% 4.02% 15.98%
8 BLK BlackRock, Inc. SPX 1,046.88 26.32 $162.51B 2.19% 4.89% 11.90% 10.65% 2.36%
9 SCHW The Charles Schwab Corporation SPX 87.35 17.37 $151.91B 1.47% - 19.08% 4.83% 7.21%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ------301.21M316.09M322.10M334.78M351.32M363.05M357.93M361.69M371.38M385.56M394.25M406.61M416.78M409.62M425.33M443.66M478.42M498.18M517.10M549.84M559.95M551.81M560.64M592.22M621.16M625.44M679.97M707.95M724.71M745.80M772.68M793.43M822.53M850.80M
Cost of Revenue -----------------------------------136.80M137.67M132.53M143.38M141.80M
Gross Profit -----------------------------------609.00M635.01M660.90M679.15M709.00M
Operating Expenses -----------------------------------232.00M209.78M213.21M215.53M252.10M
Operating Income 109.10M107.54M113.14M125.69M123.26M126.01M130.73M146.10M148.80M154.14M167.17M173.51M176.40M169.82M162.68M192.38M201.22M199.43M207.88M215.18M227.62M234.09M254.38M257.53M280.23M280.59M288.98M300.38M309.53M314.60M345.95M353.31M339.38M382.61M401.33M377.00M425.23M447.69M463.62M456.90M
EBITDA -----------------------------------432.10M479.40M503.22M508.03M512.90M
Interest Expense -----------------------------------46.50M46.18M53.62M63.59M69.10M
Pretax Income -----------------------------------331.10M377.84M396.51M388.84M389.20M
Tax Provision -----------------------------------42.50M74.19M71.12M104.17M-16.80M
Net Income 64.40M59.41M60.37M66.96M65.28M68.25M72.95M81.27M85.15M64.60M115.09M116.83M123.83M152.13M178.19M125.69M136.98M122.78M148.12M115.12M182.36M156.22M196.82M165.42M169.88M193.87M228.42M210.59M216.59M238.73M246.82M259.66M255.95M266.76M280.90M288.60M303.65M325.39M284.67M406.00M
Diluted EPS 0.590.570.600.690.680.730.800.890.930.701.241.281.361.702.081.471.601.441.731.362.161.872.361.992.032.322.782.592.682.973.093.273.223.373.573.713.924.253.815.53
R&D Expense 15.55M17.78M18.93M18.57M18.75M18.96M18.97M18.20M17.97M20.71M20.71M19.80M20.59M20.31M23.17M23.75M24.31M27.10M26.56M22.53M24.90M27.06M24.86M27.53M28.35M30.82M28.32M23.92M25.94M31.32M30.14M31.44M40.52M41.07M38.58M47.60M44.07M44.81M-49.60M

Profit & Loss (Annual)

Figures in USD.

Metric Nov 2008Nov 2009Nov 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------1.15B1.27B1.43B1.56B1.70B-2.25B2.53B2.86B3.13B
Cost of Revenue --------------404.34M446.58M514.38M550.37M
Gross Profit --------------1.84B2.08B2.34B2.58B
Operating Expenses --------------636.62M697.73M813.23M870.53M
Operating Income 135.79M150.99M206.12M322.00M318.24M340.33M337.17M403.90M488.10M579.77M686.90M755.70M884.76M-1.21B1.38B1.53B1.71B
EBITDA --------------1.36B1.71B1.75B1.92B
Interest Expense --------------171.57M186.68M185.50M209.89M
Pretax Income --------------1.04B1.37B1.36B1.49B
Tax Provision --------------173.27M220.47M247.04M291.95M
Net Income 68.27M81.80M92.17M173.45M184.24M222.56M284.11M223.65M260.86M303.97M507.88M563.65M601.82M-870.57M1.15B1.11B1.20B
Diluted EPS 0.660.800.811.411.481.832.432.032.703.315.666.597.12-10.7214.3914.0515.69
R&D Expense -----61.00M71.09M77.32M75.20M75.85M81.41M98.33M101.05M111.56M107.20M132.12M158.65M177.60M

Compounded Sales Growth

5 Years:11.71%
1 Year:14.10%

Compounded Profit Growth

5 Years:11.36%
1 Year:49.10%

Stock Price Performance

1 Year:+13.51%
6 Months:+13.01%
3 Months:+10.81%
1 Month:+5.94%

Balance Sheet (Annual)

Figures in USD.

Metric Nov 2007Nov 2008Nov 2009Nov 2010Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --1.20B3.02B3.06B3.09B3.02B3.14B2.88B3.15B3.08B3.28B3.39B4.20B4.20B-5.00B5.52B5.45B5.70B
Current Assets ----------------1.75B1.42B1.34B1.64B
Cash & Equivalents 33.82M268.08M176.02M226.57M269.42M252.21M183.31M358.43M508.80M777.71M791.83M889.50M904.18M1.51B1.30B-993.20M457.81M405.85M511.67M
Inventory --------------------
Receivables ----------------663.24M839.55M820.71M986.71M
Total Liabilities --693.21M1.94B1.96B1.79B1.59B1.57B1.45B2.25B2.76B2.87B3.55B4.28B4.64B-6.01B6.26B6.39B8.36B
Current Liabilities --292.50M466.92M466.08M452.81M509.94M503.04M472.91M498.12M536.57M607.67M809.01M900.79M1.02B-1.25B1.52B1.59B1.83B
Long Term Debt --337.62M1.21B1.21B1.07B811.62M788.01M788.36M1.58B2.08B2.08B2.58B3.07B3.37B-4.50B4.50B4.51B6.20B
Total Debt ----------------4.64B4.63B4.63B6.31B
Total Equity 200.02M286.38M507.06M1.08B1.10B1.29B1.41B1.56B1.43B901.49M317.61M401.01M-166.49M-76.71M-443.23M--1.01B-739.76M-940.00M-2.65B
Shares Outstanding ----------------133.62M133.82M134.08M134.32M

Cash Flows (Annual)

Figures in USD.

Metric Nov 2008Nov 2009Nov 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 155.08M130.94M183.35M255.00M347.07M321.18M305.67M321.25M442.36M404.16M612.76M709.52M811.11M-1.10B1.24B1.50B1.59B
Investing Cash Flow 112.07M-308.22M-892.28M-90.61M-94.36M4.12M297.04M-48.86M-42.03M-48.05M34.87M-71.94M-241.79M--79.33M-819.38M-144.25M-130.06M
Financing Cash Flow -22.95M82.54M758.06M-177.99M-322.98M-146.58M-442.33M4.70M-372.90M-267.54M-626.48M-36.67M-779.04M--1.43B-953.93M-1.40B-1.36B
Capital Expenditure -25.56M-13.41M-13.19M-23.11M-44.88M-40.26M-42.66M-40.65M-32.28M-33.18M-30.26M-29.12M-21.83M--72.89M-90.85M-115.12M-129.86M
Free Cash Flow 129.53M117.53M170.16M231.89M302.19M280.93M263.01M280.60M410.08M370.98M582.50M680.41M789.28M-1.02B1.15B1.39B1.46B
Net Change in Cash ---------------409.35M-537.28M-44.94M96.39M
Share Buybacks 681.00K18.49M14.15M14.63M105.99M112.18M409.65M700.72M774.57M150.46M949.89M292.07M778.52M198.37M1.40B504.19M885.27M2.48B
Dividends Paid -------87.80M96.26M119.80M171.03M-------

Ratios (Annual)

Figures in %.

Metric Nov 2008Nov 2009Nov 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------------82.0%82.3%82.0%82.4%
Operating Margin % --------42.4%45.5%47.9%48.5%52.2%-53.7%54.8%53.5%54.7%
Net Margin % --------22.7%23.9%35.4%36.2%35.5%-38.7%45.4%38.8%38.4%
ROE % 23.8%16.1%8.5%13.4%13.0%14.2%19.8%24.8%82.1%75.8%-305.0%-734.7%-135.8%--86.4%-155.3%-118.0%-45.3%
ROCE % -16.6%8.1%12.2%12.7%12.9%14.0%15.2%19.2%21.7%26.6%22.9%27.9%-32.2%34.6%39.6%44.2%

Shareholding Pattern

Insiders
3.59%
Institutions
93.96%
Public Float
97.46%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.89% 5.74M $3.62B
2 Vanguard Capital Management LLC 6.39% 4.65M $2.94B
3 Vanguard Portfolio Management LLC 5.53% 4.02M $2.54B
4 State Street Corporation 4.28% 3.11M $1.97B
5 BAMCO Inc. 3.71% 2.70M $1.70B
6 Morgan Stanley 3.08% 2.24M $1.42B
7 Geode Capital Management, LLC 2.75% 2.00M $1.26B
8 T. Rowe Price Investment Management, Inc. 2.07% 1.51M $951.61M
9 Edgewood Management Llc 1.93% 1.40M $885.19M
10 Principal Financial Group, Inc. 1.85% 1.35M $850.49M

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