MSCI Inc.

10-K & 10-Q Filings

MSCI Inc. is a leading provider of critical decision support tools and solutions for the global investment community. The company's mission is to help investors understand and adapt to a complex and fast-changing marketplace by providing differentiated research-enhanced content, client-centricity, strong product innovation, and an attractive financial model. MSCI's business segments include Index, Analytics, ESG and Climate, and Private Capital Solutions. The Index segment offers indexes for equity, ESG and climate, factor, thematic, fixed income, and real assets. The Analytics segment provides risk management, performance attribution, and portfolio management content, applications, and services. The ESG and Climate segment offers products and services that help institutional investors understand how sustainability considerations can impact the long-term risk and return of their portfolio and individual security-level investments. The company's website is msci.com, and its ticker symbol is MSCI on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$900.94
950.14
1035.67
996.68
1075.01
1150.67
1274.17
1433.98
1557.80
1695.39
2043.54
2248.60
2528.92
592.22
679.97
8.98%14.82%Cost of Revenue (-)
$277.15
288.07
328.31
308.57
267.69
252.11
273.91
287.33
294.96
291.70
358.68
404.34
446.58
108.65
128.51
4.06%18.29%Gross Profit (+)
$623.79
662.07
707.36
688.11
807.32
898.56
1000.26
1146.65
1262.84
1403.69
1684.86
1844.26
2082.34
483.57
551.45
10.57%14.04%Selling, General & Administrative (-)
$212.97
233.18
255.34
279.35
248.30
253.90
265.20
292.81
329.39
331.12
391.08
411.44
430.17
107.52
128.86
6.03%19.85%Research & Development (-)
$
77.32
75.20
75.88
81.41
98.33
101.05
111.56
107.20
132.12
31.32
40.52
29.38%Depreciation & Amortization (-)
$85.23
82.00
80.50
71.59
77.80
81.35
79.99
85.53
79.41
86.75
109.49
117.97
135.44
30.13
42.69
3.94%41.68%Non-recurring Operating Expenses (-)
$3.59
-0.05
Operating Expenses (-)
$301.80
315.13
335.85
350.94
403.42
410.46
421.07
459.75
507.13
518.92
612.13
636.62
697.73
168.97
212.07
7.23%25.51%Costs & Expenses (Total) (-)
$578.94
603.20
664.16
659.51
671.12
662.57
694.98
747.09
802.10
810.63
970.82
1040.96
1144.31
277.62
340.58
5.84%22.68%Operating Income/Loss (+)
$322.00
346.94
371.51
337.17
403.90
488.10
579.19
686.90
755.70
884.76
1072.72
1207.64
1384.61
314.60
339.38
12.92%7.88%Non-operating Income/Expense (+)
$-58.59
-57.53
-25.89
-28.83
-54.34
-102.17
-112.29
-57.00
-152.38
-198.54
-214.59
-163.80
-15.55
-38.23
-43.49
-13.76%Interest Expense (-)
$55.82
56.43
26.27
31.82
62.39
101.65
116.10
133.11
148.04
156.32
159.61
171.57
186.68
46.21
46.67
10.58%1.01%Earnings before Tax (+)
$263.41
289.41
345.62
308.34
349.55
385.94
466.90
629.90
603.32
686.23
858.14
1043.84
1369.06
276.37
295.89
14.72%7.06%Tax Expense (-)
$89.96
105.17
123.06
109.40
119.52
125.08
162.93
122.01
39.67
84.40
132.15
173.27
220.47
37.64
39.94
7.76%6.10%Income/Loss (Continuing Operations) (+)
$173.45
184.24
222.56
198.94
230.04
260.86
303.97
507.88
563.65
601.82
725.98
870.57
1148.59
238.73
255.95
17.06%7.22%Income/Loss (Discontinued Operations) (+)
$
85.17
-6.39
Net Income/Loss (+)
$173.45
184.24
222.56
284.11
223.65
260.86
303.97
507.88
563.65
601.82
725.98
870.57
1148.59
238.73
255.95
17.06%7.22%Net Income/Loss (Common) (+)
$173.45
184.24
222.56
284.11
223.65
260.86
303.97
507.88
563.65
601.82
725.98
870.57
1148.59
238.73
255.95
17.06%7.22%EPS (Basic)
$1.43
1.50
1.85
2.45
2.05
2.72
3.36
5.83
6.66
7.19
8.80
10.78
14.45
2.98
3.23
21.26%8.39%EPS (Diluted)
$1.41
1.48
1.83
2.43
2.03
2.70
3.31
5.66
6.59
7.12
8.70
10.72
14.39
2.97
3.22
21.36%8.42%Weighted Avg Shares (Basic)
120.72
122.02
120.10
115.74
109.12
95.99
90.34
87.18
84.64
83.72
82.51
80.75
79.46
80.04
79.19
-3.42%-1.06%Weighted Avg Shares (Diluted)
122.28
123.20
121.07
116.71
109.93
96.54
91.91
89.70
85.54
84.52
83.48
81.22
79.84
80.48
79.51
-3.49%-1.21%Cash
$252.21
183.31
358.43
508.80
777.71
791.83
889.50
904.18
1506.57
1300.52
1421.45
993.56
461.69
1080.61
519.32
5.17%-51.94%Short-term Investments
$140.49
70.90
Receivables
$180.57
153.56
169.49
178.72
208.24
221.50
327.60
473.43
499.27
558.57
664.51
663.24
839.55
641.58
745.61
13.66%16.21%Prepaid Expenses (Current)
$38.02
32.43
27.33
29.18
77.33
42.33
50.03
57.48
75.94
66.51
57.45
91.17
116.91
88.38
99.99
9.81%13.14%Other Assets (Current)
$66.65
74.64
81.78
53.94
Assets (Current)
$677.94
514.84
637.03
770.63
1063.27
1055.67
1267.13
1435.09
2081.78
1925.60
2143.41
1747.97
1418.15
1810.57
1364.92
6.34%-24.61%Securities & Long-term Investments
$
190.90
218.76
214.39
211.92
Property, Plant & Equipment (Net)
$37.62
67.42
85.59
94.07
98.93
95.58
94.44
90.88
257.11
233.78
211.30
180.44
171.16
184.44
188.07
13.46%1.97%Goodwill & Intangibles
$2353.47
2424.48
2394.53
1998.53
1957.11
1903.49
1882.46
1826.56
1824.36
1800.77
2829.73
2788.19
3843.93
2782.05
3839.00
4.17%37.99%Other Assets
$49.67
37.99
46.28
30.94
27.68
27.83
31.64
35.42
41.19
47.61
103.50
66.55
84.98
69.72
86.60
4.58%24.21%Assets (Non-current)
$2440.76
2529.89
2526.39
2123.54
2083.72
2026.91
2008.54
1952.86
2122.66
2273.05
3363.29
3249.56
4100.07
3248.13
4113.67
4.42%26.65%Assets (Total)
$3093.00
3019.64
3134.54
2894.18
3146.99
3082.58
3275.67
3387.95
4204.44
4198.65
5506.70
4997.53
5518.22
5058.70
5478.59
4.94%8.30%Accounts Payable
$153.25
158.83
163.53
162.14
180.56
202.21
132.77
157.19
186.98
202.00
426.02
205.47
253.98
113.78
141.36
4.30%24.24%Debt (Current)
$10.34
43.09
19.77
8.71
10.90
8.71
0.44%Other Liabilities (Current)
$289.22
308.02
319.74
310.77
317.55
334.36
474.90
651.82
713.80
819.76
824.91
1036.35
1252.15
1086.10
1227.59
12.99%13.03%Liabilities (Current)
$452.81
509.94
503.04
472.91
498.12
536.57
607.67
809.01
900.79
1021.77
1250.94
1250.53
1517.03
1208.59
1368.95
10.60%13.27%Debt (Non-current)
$1066.55
811.62
788.01
800.00
1579.40
2075.20
2078.09
2575.50
3236.07
3366.78
4161.42
4503.23
4496.83
4502.18
4507.69
12.74%0.12%Other Liabilities
$268.21
272.84
267.12
188.43
167.98
153.20
188.89
169.94
144.30
253.34
257.81
251.70
244.13
249.30
252.47
-0.78%1.27%Liabilities (Non-current)
$1334.76
1084.46
1055.13
988.43
1747.38
2228.40
2266.98
2745.44
3380.37
3620.11
4419.23
4754.93
4740.96
4751.47
4760.15
11.14%0.18%Liabilities (Total)
$1787.56
1594.41
1558.17
1461.34
2245.50
2764.97
2874.66
3554.45
4281.15
4641.88
5670.17
6005.46
6257.98
5960.06
6129.11
11.01%2.84%Treasury Stock
$49.83
120.93
268.39
588.38
1395.69
2170.74
2321.99
3272.77
3565.78
4342.53
4540.14
5938.12
6447.10
5982.11
6517.13
49.97%8.94%Retained Earnings
$363.46
547.70
770.26
1022.70
1158.46
1322.22
1505.20
1856.95
2199.29
2554.30
2976.52
3473.19
4179.68
3599.93
4306.19
22.57%19.62%AOCI
$-5.09
-2.80
-0.65
-24.97
-35.74
-60.73
-48.35
-58.40
-62.58
-58.86
-58.80
-60.21
-61.35
-57.44
-63.56
-10.66%Shareholder's Equity
$1305.43
1425.23
1576.36
1432.83
901.49
317.61
401.01
-166.49
-76.71
-443.23
-163.47
-1007.92
-739.76
-901.36
-650.52
27.83%Liabilities & Equity
$3093.00
3019.64
3134.54
2894.18
3146.99
3082.58
3275.67
3387.95
4204.44
4198.65
5506.70
4997.53
5518.22
5058.70
5478.59
4.94%8.30%Net Income/Loss
$173.45
184.24
222.56
284.11
223.65
260.86
303.97
507.88
563.65
601.82
725.98
870.57
1148.59
238.73
255.95
17.06%7.22%Depreciation & Amortization
$92.06
105.37
84.92
84.51
79.93
84.42
83.38
89.25
83.48
91.19
114.42
147.63
140.49
37.17
43.97
3.59%18.27%Increase/Decrease in Working Capital
$42.14
-63.44
-6.04
-1.03
-1.46
-81.31
1.58
-39.10
-1.59
-51.92
-60.15
19.43
-2.46
34.50
30.28
-12.22%Share-based Compensation
$31.72
25.32
25.00
26.59
28.56
32.00
36.58
38.90
41.20
51.09
54.92
58.09
71.65
21.09
34.34
7.03%62.82%Adjustments to Reconcile Net Income
$81.54
162.84
97.89
21.56
82.35
173.88
100.19
104.88
145.88
209.29
210.09
224.80
87.44
25.41
44.18
0.58%73.86%Net Cash (Operating)
$255.00
347.07
320.45
305.67
305.99
434.74
404.16
612.76
709.52
811.11
936.07
1095.37
1236.03
264.14
300.14
14.06%13.63%Capital Expenditure
$23.11
164.44
66.78
-297.04
48.86
42.03
48.05
-34.87
71.94
241.79
1028.14
72.90
818.19
21.58
32.06
34.61%48.58%Net Cash (Investing)
$-90.61
-94.36
4.12
297.04
-48.86
-42.03
-48.05
34.87
-71.94
-241.79
-1035.71
-79.33
-819.38
-21.76
-32.33
-48.58%Increase/Decrease in Debt
$-187.06
-227.48
-48.00
-10.00
800.00
500.00
500.00
486.88
262.62
751.94
347.81
-8.75
-2.19
-2.19
0.00%Increase/Decrease in Equity
$-14.63
-109.86
-112.18
-424.45
-711.19
-781.75
-147.83
-955.55
-300.62
-795.21
-219.99
-1400.07
-504.19
-43.96
-73.73
-67.72%Interest Expenses
$52.71
36.74
20.43
17.23
42.11
89.14
112.50
125.99
141.48
163.39
151.34
165.12
182.31
33.80
34.05
10.89%0.73%Dividends Paid
$
20.39
87.74
96.19
119.72
170.94
222.92
246.44
302.45
372.92
440.99
112.14
131.31
17.09%Net Cash (Financing)
$-177.99
-322.98
-145.85
-442.33
19.95
-365.27
-267.54
-626.48
-36.67
-779.04
229.50
-1425.38
-953.93
-158.29
-207.22
-30.91%Cash Taxes Paid
$93.73
134.44
128.60
120.42
129.53
97.84
128.73
143.22
72.94
113.65
222.62
180.69
240.48
18.96
11.39
8.17%-39.93%Effect of Exchange Rate
$-3.60
1.36
-3.60
-10.02
-8.18
-13.30
9.10
-6.48
1.47
3.67
-8.93
-18.54
5.41
2.96
-2.96
-200.03%Increase/Decrease in Cash
$-17.21
-68.90
175.13
150.37
268.91
14.13
97.67
14.67
602.39
-206.05
120.93
-427.88
-531.87
87.04
57.62
-33.80%Cash (Beginning)
$269.42
252.21
183.31
358.43
508.80
777.71
791.83
889.50
904.18
1506.57
1300.52
1421.45
993.56
993.56
461.69
11.49%-53.53%Cash (Ending)
$252.21
183.31
358.43
508.80
777.71
791.83
889.50
904.18
1506.57
1300.52
1421.45
993.56
461.69
1080.61
519.32
5.17%-51.94%NOPAT
$207.42
185.77
233.27
205.49
254.23
364.36
419.50
530.72
664.34
738.24
794.44
998.60
1141.40
293.01
326.31
15.27%11.36%Gross Margin %
69.24%
69.68%
68.30%
69.04%
75.10%
78.09%
78.50%
79.96%
81.07%
82.79%
82.45%
82.02%
82.34%
81.65%
81.10%
Operating Margin %
35.74%
36.51%
35.87%
33.83%
37.57%
42.42%
45.46%
47.90%
48.51%
52.19%
52.49%
53.71%
54.75%
53.12%
49.91%
NOPAT Margin %
23.02%
19.55%
22.52%
20.62%
23.65%
31.66%
32.92%
37.01%
42.65%
43.54%
38.88%
44.41%
45.13%
49.48%
47.99%
Net Margin %
19.25%
19.39%
21.49%
28.51%
20.80%
22.67%
23.86%
35.42%
36.18%
35.50%
35.53%
38.72%
45.42%
40.31%
37.64%
Tax Rate %
35.58%
46.45%
37.21%
39.05%
37.06%
25.35%
27.57%
22.74%
12.09%
16.56%
25.94%
17.31%
17.57%
6.86%
3.85%
ROA
6.71%
6.15%
7.44%
7.10%
8.08%
11.82%
12.81%
15.67%
15.80%
17.58%
14.43%
19.98%
20.68%
5.79%
5.96%
ROE
15.89%
13.03%
14.80%
14.34%
28.20%
114.72%
104.61%
-318.76%
-866.00%
-166.56%
-485.99%
-99.07%
-154.29%
-32.51%
-50.16%
ROIC
8.64%
7.55%
9.49%
9.87%
12.05%
18.14%
19.87%
25.17%
29.28%
33.29%
25.39%
30.97%
26.27%
9.46%
7.80%
Asset Turnover
0.29
0.31
0.33
0.34
0.34
0.37
0.39
0.42
0.37
0.40
0.37
0.45
0.46
0.12
0.12
Equity Multiplier
2.37
2.12
1.99
2.02
3.49
9.71
8.17
-20.35
-54.81
-9.47
-33.69
-4.96
-7.46
-5.61
-8.42
Current Ratio
1.50
1.01
1.27
1.63
2.13
1.97
2.09
1.77
2.31
1.88
1.71
1.40
0.93
1.50
1.00
Quick Ratio
1.27
0.80
1.05
1.45
1.98
1.89
2.00
1.70
2.23
1.82
1.67
1.32
0.86
1.42
0.92
Debt/Equity Ratio
0.82
0.60
0.51
0.56
1.75
6.53
5.18
-15.47
-42.18
-7.60
-25.46
-4.48
-6.09
-5.00
-6.93
Interest Coverage Ratio
6.11
9.44
18.19
19.57
9.59
5.48
5.15
5.45
5.34
5.42
7.09
7.31
7.59
9.31
9.97
Working Capital/Sales
0.01
-0.03
-0.02
-0.01
0.05
0.01
0.11
0.13
0.12
0.11
0.04
0.11
0.13
0.22
0.23
R&D/Sales
0.07
0.07
0.06
0.06
0.06
0.06
0.05
0.05
0.05
0.05
0.06
Dividend Payout Ratio %
9.92%
34.51%
26.40%
28.54%
32.21%
33.56%
33.38%
38.07%
37.34%
38.64%
38.27%
40.24%
Total Payout
$254.40
374.08
180.61
472.08
41.05
467.08
380.05
752.47
178.15
942.43
-78.17
1590.28
1136.24
192.10
241.27
13.28%25.60%Payout Ratio %
122.65%
201.36%
77.43%
229.73%
16.15%
128.19%
90.59%
141.78%
26.82%
127.66%
-9.84%
159.25%
99.55%
65.56%
73.94%