M
MSCI Inc.
MSCI · NYSE · USD
Financials
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | FY2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||||||||||||||||
| Market cap | $43,110 | $47,024 | $44,738 | $37,194 | $50,514 | $36,815 | $21,286 | $12,155 | $10,433 | $6,495 | $5,947 | $5,491 | $5,251 | $3,781 | $3,975 | $3,817 | $3,065 | $1,470 | $2,339 | – | – | – | – |
| Enterprise value | $48,933 | $51,271 | $48,904 | $40,844 | $53,428 | $39,034 | $23,016 | $13,826 | $11,621 | $7,779 | $6,749 | $5,782 | $5,700 | $4,382 | $4,659 | $4,780 | $2,974 | $1,603 | $2,731 | – | – | – | – |
| P/E (TTM) at period end | 35.86× | 42.40× | 38.95× | 42.72× | 69.58× | 61.17× | 37.76× | 23.93× | 34.32× | 24.90× | 26.59× | 19.35× | 23.66× | 20.70× | 23.00× | 41.75× | 38.05× | 21.53× | 28.84× | – | – | – | – |
| P/S (TTM) at period end | 13.75× | 16.46× | 17.69× | 16.54× | 24.72× | 21.71× | 13.66× | 8.48× | 8.19× | 5.64× | 5.53× | 5.51× | 5.75× | 4.57× | 4.41× | 5.76× | 6.92× | 3.41× | 6.32× | – | – | – | – |
| P/B at period end | – | – | – | – | – | – | – | – | 26.02× | 20.45× | 6.60× | 3.83× | 3.36× | 2.67× | 3.07× | 3.53× | 6.05× | 5.13× | 11.70× | – | – | – | – |
| EV / EBITDA (TTM) | 28.17× | 33.17× | 34.79× | 33.08× | 48.50× | 42.68× | 29.29× | 19.25× | 18.89× | 14.89× | 15.52× | 15.92× | 15.72× | 13.01× | 13.65× | 21.38× | 18.25× | 11.39× | 17.37× | – | – | – | – |
| EV / Sales (TTM) | 15.61× | 17.95× | 19.34× | 18.16× | 26.14× | 23.02× | 14.77× | 9.64× | 9.12× | 6.76× | 6.28× | 5.80× | 6.24× | 5.30× | 5.17× | 7.21× | 6.71× | 3.72× | 7.38× | – | – | – | – |
| Returns | |||||||||||||||||||||||
| Return on equity | – | – | – | – | – | – | – | – | 75.8% | 82.1% | 24.8% | 19.8% | 14.2% | 12.9% | 13.4% | 8.5% | 15.9% | 23.8% | 40.6% | 8.7% | 7.2% | – | 31.1% |
| Return on invested capital | 43.5% | 37.8% | 33.9% | 38.1% | 33.0% | 43.7% | 42.7% | 36.8% | 23.7% | 20.6% | 15.6% | 12.6% | 10.8% | 9.6% | 10.0% | 5.8% | 13.2% | 20.1% | 13.3% | 6.6% | 6.3% | – | 53.5% |
| Dividend yield | 1.3% | 1.1% | 1.0% | 1.0% | 0.6% | 0.7% | 1.0% | 1.4% | 1.1% | 1.5% | 1.5% | 0.4% | – | – | – | – | – | – | 41.6% | – | – | – | – |
| Financial health | |||||||||||||||||||||||
| Current ratio | 0.90× | 0.85× | 0.93× | 1.40× | 1.71× | 1.88× | 2.31× | 1.77× | 2.09× | 1.97× | 2.13× | 1.63× | 1.24× | 1.01× | 1.50× | 1.15× | 2.06× | 1.35× | 1.15× | 2.09× | 1.72× | – | – |
| Debt / equity | (2.35×) | (4.80×) | (6.09×) | (4.48×) | (25.46×) | (7.65×) | (40.04×) | (15.47×) | 5.18× | 6.53× | 1.75× | 0.55× | 0.52× | 0.60× | 0.83× | 1.17× | 0.75× | 1.40× | 2.12× | – | – | – | – |
| Effective tax rate | 19.5% | 18.2% | 16.1% | 16.6% | 15.4% | 12.3% | 6.6% | 19.4% | 34.9% | 32.4% | 34.2% | 35.5% | 36.1% | 36.8% | 34.2% | 40.0% | 37.9% | 37.7% | 39.1% | 36.3% | 37.6% | – | (108.1%) |
| Share count | |||||||||||||||||||||||
| Diluted shares outstanding | 77 | 79 | 80 | 81 | 83 | 85 | 86 | 90 | 92 | 97 | 110 | 117 | 121 | 123 | 122 | 113 | 101 | 100 | 85 | 84 | 84 | 84 | 84 |
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | FY2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue and gross profit | ||||||||||||||||||||||||
| Revenue | $3,432 | $3,134 | $2,856 | $2,529 | $2,249 | $2,044 | $1,695 | $1,558 | $1,434 | $1,274 | $1,151 | $1,075 | $997 | $913 | $827 | $901 | $663 | $443 | $431 | $370 | $311 | $278 | $178 | $91 |
| Cost of revenue | ($587) | ($550) | ($514) | ($447) | ($404) | ($359) | ($292) | ($295) | ($287) | ($274) | ($252) | ($268) | ($309) | ($275) | ($230) | ($277) | ($199) | ($119) | ($123) | ($122) | ($115) | ($107) | – | – |
| Gross profit | $2,845 | $2,584 | $2,342 | $2,082 | $1,844 | $1,685 | $1,404 | $1,263 | $1,147 | $1,000 | $899 | $807 | $688 | $638 | $597 | $624 | $464 | $324 | $308 | $248 | $195 | $172 | – | – |
| Operating expenses | ||||||||||||||||||||||||
| Research and development | ($184) | ($178) | ($159) | ($132) | ($107) | ($112) | ($101) | ($98) | ($81) | ($76) | ($75) | ($77) | ($71) | ($61) | – | – | – | – | – | – | – | – | – | – |
| Selling, general and administrative | ($206) | ($180) | ($182) | ($154) | ($147) | ($148) | ($115) | ($110) | ($100) | ($88) | ($87) | ($86) | ($279) | ($232) | ($212) | ($213) | ($190) | ($136) | ($138) | ($92) | ($86) | ($70) | – | – |
| Total operating expenses | ($935) | ($871) | ($813) | ($698) | ($637) | ($612) | ($519) | ($507) | ($460) | ($421) | ($410) | ($403) | ($351) | ($298) | ($278) | ($302) | ($258) | ($173) | ($172) | ($119) | ($112) | ($98) | – | – |
| Total costs and expenses | ($1,522) | ($1,421) | ($1,328) | ($1,144) | ($1,041) | ($971) | ($811) | ($802) | ($747) | ($694) | ($663) | ($671) | ($660) | ($573) | ($509) | ($579) | ($457) | ($292) | ($295) | ($241) | ($227) | ($205) | – | ($75) |
| Operating income | $1,910 | $1,714 | $1,529 | $1,385 | $1,208 | $1,073 | $885 | $756 | $687 | $580 | $488 | $404 | $337 | $340 | $318 | $322 | $206 | $151 | $136 | $129 | $83 | $74 | $178 | $17 |
| Earnings | ||||||||||||||||||||||||
| EBITDA | $1,936 | $1,737 | $1,545 | $1,406 | $1,235 | $1,102 | $915 | $786 | $718 | $615 | $522 | $435 | $363 | $363 | $337 | $341 | $224 | $163 | $141 | $157 | $113 | $106 | $201 | – |
| Interest income | $12 | $16 | $21 | $34 | $12 | $1 | $5 | $16 | $20 | $6 | $3 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $8 | – | – | – | – | – |
| Interest expense | ($278) | ($210) | ($186) | ($187) | ($172) | ($160) | ($156) | ($148) | ($133) | ($116) | ($102) | ($62) | ($32) | ($26) | ($56) | ($56) | ($51) | ($20) | ($27) | ($10) | – | – | – | – |
| Pre-tax income | $1,623 | $1,494 | $1,356 | $1,369 | $1,044 | $858 | $686 | $603 | $630 | $467 | $386 | $350 | $308 | $313 | $261 | $263 | $153 | $132 | $110 | $133 | $99 | $81 | – | $5 |
| Income tax expense | ($240) | ($292) | ($247) | ($220) | ($173) | ($132) | ($84) | ($40) | ($122) | ($163) | ($125) | ($120) | ($109) | ($113) | ($96) | ($90) | ($61) | ($50) | ($41) | ($52) | ($36) | ($30) | $21 | $6 |
| Net income | $1,384 | $1,202 | $1,109 | $1,149 | $871 | $726 | $602 | $564 | $508 | $304 | $261 | $224 | $284 | $223 | $184 | $173 | $92 | $82 | $68 | $81 | $71 | $55 | $21 | $11 |
| Per share | ||||||||||||||||||||||||
| Diluted EPS (GAAP) | $18.76 | $15.69 | $14.05 | $14.39 | $10.72 | $8.70 | $7.12 | $6.59 | $5.66 | $3.31 | $2.70 | $2.03 | $2.43 | $1.83 | $1.48 | $1.41 | $0.81 | $0.80 | $0.66 | $0.96 | $0.85 | $0.65 | $0.37 | $0.14 |
| Basic EPS (GAAP) | $18.80 | $15.72 | $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 | $0.80 | $0.66 | $0.96 | $0.85 | $0.65 | $0.25 | $0.14 |
| Basic shares outstanding | 74 | 77 | 79 | 79 | 81 | 83 | 84 | 85 | 87 | 90 | 96 | 109 | 116 | 120 | 122 | 121 | 112 | 101 | 100 | 85 | 84 | 84 | 84 | 84 |
| Margins | ||||||||||||||||||||||||
| Gross margin | 82.9% | 82.4% | 82.0% | 82.3% | 82.0% | 82.4% | 82.8% | 81.1% | 80.0% | 78.5% | 78.1% | 75.1% | 69.0% | 69.8% | 72.2% | 69.2% | 70.0% | 73.2% | 71.4% | 67.1% | 62.8% | 61.7% | – | – |
| Operating margin | 55.7% | 54.7% | 53.5% | 54.8% | 53.7% | 52.5% | 52.2% | 48.5% | 47.9% | 45.5% | 42.4% | 37.6% | 33.8% | 37.3% | 38.5% | 35.7% | 31.1% | 34.1% | 31.5% | 35.0% | 26.8% | 26.4% | 100.0% | 18.1% |
| Net margin | 40.3% | 38.4% | 38.8% | 45.4% | 38.7% | 35.5% | 35.5% | 36.2% | 35.4% | 23.9% | 22.7% | 20.8% | 28.5% | 24.4% | 22.3% | 19.3% | 13.9% | 18.5% | 15.8% | 21.9% | 23.0% | 19.6% | 11.7% | 12.5% |