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Companies / Financials / MSCI Inc.
MSCI

MSCI Inc.

FinancialsBusiness ServicesS&P 500
Ticker MSCINEW YORK, NYFiscal year ends DecemberBook value per share $-41.43Diluted shares 72.8M

MSCI Inc. (NYSE: MSCI) provides indexes, investment analytics, sustainability and climate data, and private-asset data and analytics to investors and other participants in global capital markets. Its clients include asset managers and owners, banks, brokerages, hedge funds, wealth managers, insurers, and corporates.… From the company’s description.

In fiscal 2025, MSCI Inc. reported revenue of $3.13B, up 9.7% from fiscal 2024, and net income of $1.20B. Its operating margin was 54.7%, and operations generated $1.59B in cash. Over the twelve months to Sep 30, 2026, revenue was $3.43B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$3.13BFY2025
+9.7% year over year
Last 12 mo $3.43B
54.67%FY2025
+1.2 percentage points
Last 12 mo 55.65%
$1.20BFY2025
+8.4% year over year
Last 12 mo $1.38B
-45.29%FY2025
+72.7 percentage points
Last 12 mo -45.87%
Cash & financing
$1.59BFY2025
+5.8% year over year
Last 12 mo $1.61B
$1.46BFY2025
+5.2% year over year
Last 12 mo $1.45B
-2.34FY2025
Was -4.80× a year earlier
Last 12 mo -2.23
76.6MFY2025
−2.9% year over year
Last 12 mo 72.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What MSCI Inc. does

In the company’s own words

MSCI Inc. (NYSE: MSCI) provides indexes, investment analytics, sustainability and climate data, and private-asset data and analytics to investors and other participants in global capital markets. Its clients include asset managers and owners, banks, brokerages, hedge funds, wealth managers, insurers, and corporates. The company reports three segments: Index, which accounted for 57.0% of 2025 revenue and supports benchmarking, portfolio construction, and indexed financial products; Analytics, 22.8%, which provides risk, performance, and portfolio-management tools; and Sustainability and Climate, 11.3%, which offers ratings, research, climate data, and reporting solutions. Private-asset offerings, covering areas such as private equity, credit, real estate, and infrastructure, are reported as All Other and represented 8.9% of 2025 revenue. Major products and brands include MSCI indexes, Barra analytics, RiskMetrics tools, MSCI ESG Ratings, and Real Capital Analytics. As of December 31, 2025, MSCI served approximately 6,800 clients in more than 100 countries and employed 6,268 people. Its website is https://www.msci.com.

Company details
Sector
Financials
Industry (SIC)
Business Services
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1408198
SIC
7389

Financial performance, year by year

Fiscal 2013–2025 · USD
$-343.23M$686.47M$1.72B$2.75B$3.78B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns MSCI Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

804
funds hold it
3 of 35
superinvestors hold it
$15.16B
held by funds, at market
37.0%
of shares held by funds
7
bond issues held by funds

Superinvestors in MSCI Inc. · what they did last quarter

Polen CapitalDECREASED -27.7%
Polen Capital Management
3.2%of 13F portfolio
Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.6%of 13F portfolio
Terry SmithDECREASED -17.3%
Fundsmith
0.2%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · MSCI Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.38%of fund net assets
Baron Partners Fund
BPTRX · BARON SELECT FUNDS
4.18%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

MSCI Inc.’s bonds, as funds hold them

Funds report holding 7 issues of MSCI Inc.’s debt, $1.41B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.52%, maturing 2029 to 2036.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do MSCI Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of MSCI Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in MSCI Inc.'s last four quarterly filings that the numbers alone won't show?”
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