MSCI has described its mission as enabling investors to build better portfolios for a better world. MSCI's largest and most profitable segment is its index segment, where it provides benchmarking to asset managers and asset owners.
It is a $41.3B technology company. Revenue grew 11.6% over the last year, it keeps 41¢ of every dollar of sales as profit, and its net debt equals ~3.6 years of free cash flow. It trades at 30.3× earnings — near the lowest of its own history.
- Website
- msci.com
- Location
- New York, NY
- Employees
- 6 327
- Sector
- Technology
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth, profitability, quality and moat; Health lags behind.
Valuation54
- P/E vs own history3th pct · 25/25
- FCF yield3.9% · 12/25
- P/S12.3x · 5/25
- EV/EBITDA23.0x · 12/25
Growth80
- Revenue CAGR11.3% · 20/25
- Net income CAGR13.4% · 20/25
- EPS CAGR ~5Y17.1% · 20/25
- Fwd implied growth19.6% · 20/25
Profitability100
- ROIC39.6% · 25/25
- ROE108.7% · 25/25
- Net margin40.7% · 25/25
- Operating margin55.7% · 25/25
Health49
- Altman Z5.30 · 25/25
- Current ratio0.89 · 6/25
- Interest coverage8.7x · 18/25
- Net cash / debtD/A 100% · 0/25
Quality75
- Piotroski F8/9 · 25/25
- Beneish M-2.74 · 25/25
- FCF conversion118% · 25/25
- Margin stabilityσ 43.7% · 0/25
Moat100
- ROIC >12% years10/10 yrs · 25/25
- Median gross margin66.4% · 25/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 22.7% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- Q2 2026Insiders6 open-market insider purchases~4K shares bought by insiders
- FY2025FinancialBest year on record$1.20B net income
- 2023AcquisitionMSCI completed the acquisition of New Jersey–based private assets data provider, Burgiss Group for…
- 2021AcquisitionMSCI acquired Real Capital Analytics
- 2019AcquisitionMSCI acquired Carbon Delta, a Zurich-based climate change analytics company
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$1.15B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2014AcquisitionMSCI acquired GMI Ratings
- 2013AcquisitionMSCI acquired Investor Force from ICG Group (formerly Internet Capital Group)
- 2012AcquisitionMSCI acquired Investment Property Databank
- 2010AcquisitionMSCI acquired RiskMetrics Group, Inc. and Measurisk
- 2007IPOThis was followed by an initial public offering of a minority of stock in November 2007
- 2004AcquisitionMSCI acquired Barra, Inc., to form MSCI Barra
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (83.0%)
- Strongly profitable — 40.7% net margin
- Revenue growing 11.6% year over year
- Strong cash conversion — FCF is 47.9% of revenue
- Interest covered 8.7× by operating earnings
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+11.6% YoY
- Profitable — makes more than it spends$1.36B TTM
- Profit growing — earnings are higher than last year+13.5% YoY
- Generates cash — cash left after running and investing$1.60B TTM
- Debt under control — could handle its obligations~3.6y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$41.3B market cap
- Not printing shares — share count not ballooning — you keep your slice-9.3% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 5.3 — safe
- Pays a dividend — returns cash to shareholdersyield 1.39%
- Valuation not extreme — price not wildly above earningsP/E 30.3
Peer comparisonMSCI, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| MSCI this company | $41.3B | 30.3 | +11.6% | 40.7% | Mixed |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: MSCI vs NVDA · MSCI vs AAPL · MSCI vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/MSCI
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of MSCI on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $568.00 · market cap $41.3B.