MSCIMSCI Inc.
Services-Business Services, NEC
- Revenue
- $3.1B
- 9.7% YoY
- Operating margin
- 54.7%
- 2.2% YoY
- EBITDA
- $1.7B
- 12% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.7×
- $6.5B net debt
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear132% of net incomeCash flow under 80% of net income
- Dilutive SBCClear4% of revenueOver 10% of revenue
- Payouts exceed cash flowFired191% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired54% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.0B | $2.2B | $2.5B | $2.9B | $3.1B | 9.7% |
| Operating income | $1.1B | $1.2B | $1.4B | $1.5B | $1.7B | 12% |
| Net income | $726M | $871M | $1.1B | $1.1B | $1.2B | 8.4% |
| Operating cash flow | $936M | $1.1B | $1.2B | $1.5B | $1.6B | 5.8% |
| Capex | $14M | $14M | $23M | $34M | $39M | 16% |
| Stock-based comp | $55M | $58M | $72M | $95M | $111M | 17% |
| Buybacks | $198M | $1.4B | $504M | $885M | $2.5B | 181% |
| Dividends | $302M | $373M | $441M | $509M | $557M | 9.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $1M · 1
- Open-market sells, 12 mo
- $2M · 2
- Net
- −$741K
Pay vs performance
No pay-versus-performance disclosure yet.