MSCI · MSCI Inc. · Financials

$588.88 +25.39 (+4.50%) Earnings today

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$40.97B

72.70M

Volume · Oct 20 757.93K Avg daily vol (3M) 637.44K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$3.13B +9.7%

FY2025

Net Income

$1.2B +8.4%

FY2025

Gross Margin

82.79% +1.7pp

FY2020

Operating Margin

54.67% +1.2pp

FY2025

Diluted EPS

$15.69 +11.7%

FY2025

Operating Cash Flow

$1.59B +5.8%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Revenue	+11.7%	+13.1%	+11.3%	$3.33B	$3.13B	$2.86B	$2.53B	$2.25B	$2.04B	$1.7B	$1.56B	$1.43B	$1.27B	$1.15B	$1.08B	$996.68M	$913.36M	$826.99M	$900.94M	$662.9M
Cost of Revenue	+2.1%	+1.7%	—	$358.68M	—	—	—	—	—	$291.7M	$294.96M	$287.34M	$273.68M	$252.11M	$267.7M	$276.62M	$240.7M	—	—	—
Gross Profit	+11.9%	+11.7%	—	$1.68B	—	—	—	—	—	$1.4B	$1.26B	$1.15B	$1B	$898.56M	$807.32M	$720.06M	$672.67M	—	—	—
Gross Margin	—	—	—	—	—	—	—	—	—	82.79%	81.07%	79.96%	78.52%	78.09%	75.1%	72.25%	73.65%	—	—	—
Research & Development	+18.3%	+11.9%	+8.7%	$181.5M	$177.6M	$158.65M	$132.12M	$107.21M	$111.56M	$101.05M	$98.33M	$81.41M	$75.85M	$75.2M	$77.32M	$71.1M	$61M	—	—	—
Selling & Marketing	+6.5%	+8.1%	+7.0%	$336.03M	$319.83M	$291.22M	$276.2M	$264.58M	$243.19M	$216.5M	$219.3M	$192.92M	$177.12M	$166.67M	$162.29M	$163.84M	$137.69M	—	—	—
General & Administrative	+7.1%	+9.5%	+7.7%	$200.02M	$180.22M	$182.34M	$153.97M	$146.86M	$147.89M	$114.63M	$110.09M	$99.88M	$87.76M	$87.24M	$86.01M	$76.37M	$68.46M	—	—	—
Selling, General & Administrative	+9.5%	—	—	$288.2M	—	—	—	—	—	—	—	—	—	—	—	$279.35M	$232.45M	$211.91M	$212.97M	$190.24M
Amortization of Intangibles	+23.0%	+24.4%	+13.7%	$167.58M	$169.48M	$164.04M	$114.43M	$91.08M	$80.59M	$56.94M	$49.41M	$54.19M	$44.55M	$47.03M	$46.91M	$45.88M	$44.8M	$50.02M	$65.81M	$41.6M
Depreciation & Amortization	-4.5%	-4.7%	-2.7%	$25.41M	$23.41M	$16.98M	$21.01M	$26.89M	$28.9M	$29.81M	$30M	$31.35M	$35.44M	$34.32M	$30.89M	$25.93M	$22.3M	$18.7M	$19.43M	$17.41M
Restructuring Charges	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$33K	$3.59M	$8.9M
Total Costs & Expenses	+10.9%	+11.9%	+7.8%	$1.48B	$1.42B	$1.33B	$1.14B	$1.04B	$970.82M	$810.63M	$802.1M	$747.09M	$694.4M	$662.57M	$671.12M	$659.51M	$573.03M	$508.76M	$578.94M	—
Operating Income	+12.4%	+14.1%	+15.5%	$1.86B	$1.71B	$1.53B	$1.38B	$1.21B	$1.07B	$884.76M	$755.7M	$686.9M	$579.77M	$488.1M	$403.9M	$337.17M	$340.33M	$318.24M	$322M	$206.12M
Operating Margin	—	—	—	—	54.67%	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%
EBITDA	+12.1%	+13.7%	+14.9%	$1.88B	$1.74B	$1.55B	$1.41B	$1.23B	$1.1B	$914.57M	$785.7M	$718.24M	$615.21M	$522.42M	$434.79M	$363.1M	$362.63M	$336.94M	$341.42M	$223.54M
Interest Expense	+7.0%	+6.1%	+12.9%	$257.29M	$209.89M	$185.5M	$186.68M	$171.57M	$159.61M	$156.32M	$148.04M	$133.11M	$116.1M	$101.65M	$62.39M	$31.82M	$26.26M	$56.4M	$55.82M	$51.34M
Interest Income	+10.8%	+26.1%	+29.9%	$14.51M	$16.01M	$21.28M	$34.48M	$11.77M	$1.5M	$5.03M	$16.4M	$19.67M	$6.31M	$2.91M	$1.17M	$851K	$889K	$699K	$848K	$993K
Other Non-Operating Income	—	—	—	-$263.81M	-$219.31M	-$172.35M	-$15.55M	-$163.8M	-$214.59M	-$198.54M	-$152.38M	-$57M	-$112.87M	-$102.17M	-$54.34M	-$28.83M	-$27.5M	-$57.43M	-$58.59M	-$52.63M
Equity in Earnings of Unconsolidated Entities	—	—	—	—	-$11.77M	$0	$0	—	—	—	—	—	—	—	—	—	—	—	—	—
Pretax Income	+12.7%	+16.8%	+15.6%	$1.59B	$1.49B	$1.36B	$1.37B	$1.04B	$858.14M	$686.23M	$603.32M	$629.9M	$466.9M	$385.94M	$349.55M	$308.34M	$312.83M	$260.8M	$263.41M	$153.49M
Income Tax	+19.0%	+28.2%	+9.3%	$233.85M	$291.95M	$247.04M	$220.47M	$173.27M	$132.15M	$84.4M	$39.67M	$122.01M	$162.93M	$125.08M	$119.52M	$109.4M	$112.92M	$96.01M	$89.96M	$61.32M
Net Income	+11.4%	+14.8%	+18.3%	$1.36B	$1.2B	$1.11B	$1.15B	$870.57M	$725.98M	$601.82M	$563.65M	$507.89M	$303.97M	$260.86M	$223.65M	$284.11M	$222.56M	$184.24M	$173.45M	$92.17M
Net Margin	—	—	—	—	38.36%	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%
Net Income Available to Common Stockholders	+5.5%	+8.6%	—	—	—	—	—	—	—	—	—	—	—	$260.86M	$223.65M	$283.75M	$221.92M	$182.69M	$172.83M	—
Comprehensive Income	+12.0%	+15.1%	+19.1%	$1.35B	$1.22B	$1.1B	$1.15B	$869.16M	$726.05M	$605.54M	$559.47M	$497.83M	$316.36M	$235.87M	$212.87M	$259.79M	$224.7M	$186.54M	$169.2M	$97.79M
EPS (Basic) USD/shares	+13.4%	+16.9%	+22.6%	$18.32	$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
EPS (Diluted) USD/shares	+13.5%	+17.1%	+22.7%	$18.28	$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
Shares Outstanding (Basic Avg) shares	-1.8%	-1.8%	-3.5%	—	76.5M	78.71M	79.46M	80.75M	82.51M	83.72M	84.64M	87.18M	90.34M	95.99M	109.12M	115.74M	120.1M	122.02M	120.72M	112.07M
Shares Outstanding (Diluted Avg) shares	-1.9%	-1.9%	-3.5%	—	76.64M	78.96M	79.84M	81.22M	83.48M	84.52M	85.54M	89.7M	91.91M	96.54M	109.93M	116.71M	121.07M	123.2M	122.28M	113.36M

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $9.77B in buybacks, $3.15B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Long-term debt, including current maturities	2026-06-30	USD 6,380,400,000	10-Q filed 2026-07-21
Related accounting measures — not additional borrowing Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year. Noncurrent debt carrying amount USD 6,380,400,000
Operating lease liabilities	2026-06-30	USD 163,800,000	10-Q filed 2026-07-21
Related accounting measures — not additional borrowing Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year. Current operating lease liabilities USD 24,900,000 Noncurrent operating lease liabilities USD 138,900,000

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

14.10×

Peer median 6.76×

EV/EBIT

25.32×

Peer median 20.74×

P/E (TTM)

30.83×

Peer median 23.93×

Peer medians compare against the 10 similar-size Financial Data & Stock Exchanges companies (of 15 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Index Segment	$1,786,808,000	$1,596,145,000	$1,451,815,000	$1,303,209,000	$1,251,764,000	$1,016,495,000	$920,937,000	$835,475,000
Analytics Segment	$714,397,000	$675,089,000	$615,956,000	$576,107,000	$544,299,000	$513,808,000	$496,925,000	$479,939,000
Sustainability and Climate Segment	$353,915,000	$326,601,000	$287,568,000	$228,311,000	$166,192,000	$111,364,000	$90,659,000	—
All Other Segments	$279,339,000	$258,293,000	$173,581,000	$140,971,000	—	—	—	$118,570,000
All Other Private Assets Segment	—	—	—	—	$81,289,000	$53,723,000	$49,275,000	—

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$1,267,406,000	$1,168,998,000	$1,044,016,000	$934,462,000	$836,880,000	$723,962,000	$698,105,000	$662,345,000
Other Europe Middle East And Africa Countries	$698,498,000	$632,133,000	$569,032,000	$512,018,000	$454,239,000	$364,547,000	$325,221,000	$293,252,000
United Kingdom	$543,481,000	$479,674,000	$408,087,000	$351,225,000	$344,976,000	$262,188,000	$234,926,000	$214,204,000
Other Asia And Australia Countries	$356,761,000	$332,216,000	$294,997,000	$263,607,000	$230,286,000	$192,694,000	$161,918,000	$139,018,000
Other America Countries	$140,702,000	$128,950,000	$111,965,000	$96,023,000	$85,744,000	$71,408,000	$65,997,000	$58,065,000
Japan	$127,611,000	$114,157,000	$100,823,000	$91,263,000	$91,419,000	$80,591,000	$71,629,000	$67,100,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Recurring Subscriptions	$2,278,704,000	$2,114,445,000	$1,871,290,000	$1,659,523,000	$1,426,040,000	$1,248,175,000	$1,154,040,000	$1,066,536,000
Asset-Based Fees	$770,670,000	$657,501,000	$557,502,000	$528,127,000	$553,991,000	$399,771,000	$361,927,000	$336,565,000
Non-Recurring	$85,085,000	$84,182,000	$100,128,000	$60,948,000	$63,513,000	$47,444,000	$41,829,000	$30,883,000

Key facts CIK 1408198 CUSIP 55354G100 13F (30d) 149 filings 133 filers Visit website Investor relations