MSCI, Inc. engages in the provision of investment decision support tools, including indices, portfolio risk and performance analytics and corporate governance products and services. The company operates through the following business segments: Index; Analytics; Environmental, Social, and Governance (ESG); and Real Estate. The Index segment involves in the index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation. The Analytics segment offers risk management, performance attribution and portfolio management content, applications and services. The ESG segment offers products and services that help institutional investors understand how ESG factors can impact the long-term risk of investments. The Real Estate segment includes research, reporting, market data and benchmarking offerings that provide real estate performance analysis for funds, investors and managers.. The company was founded by Andrew Thomas Rudd in 1998 and is headquartered in New York, NY.
Highlights
MSCI's gross profit has increased by 14% YoY and by 4.2% from the previous quarter
MSCI's revenue has increased by 10% YoY and by 2.9% from the previous quarter
MSCI's quick ratio has increased by 31% YoY but it has decreased by 13% QoQ
The stock's P/E is 68% more than its 5-year quarterly average of 34.4 and 54% more than its last 4 quarters average of 37.6
The company's debt rose by 21% YoY and by 3% QoQ
Key stats
What are the main financial stats of MSCI
Market
Shares outstanding
83.6M
Market cap
$30.48B
Enterprise value
$32.74B
Valuations
Price to earnings (P/E)
57.87
Price to book (P/B)
N/A
Price to sales (P/S)
19.3
EV/EBIT
41.43
EV/EBITDA
36.61
EV/Sales
20.42
Earnings
Revenue
$1.6B
EBIT
$790.23M
EBITDA
$894.24M
Free cash flow
$677.98M
Per share
EPS
$6.3
Free cash flow per share
$7.99
Book value per share
-$4.18
Revenue per share
$18.89
TBVPS
$24.73
Balance sheet
Total assets
$3.91B
Total liabilities
$4.27B
Debt
$3.33B
Equity
-$354.33M
Working capital
$821.49M
Liquidity
Debt to equity
-9.4
Current ratio
2.03
Quick ratio
1.94
Net debt/EBITDA
2.53
Margins
EBITDA margin
55.8%
Gross margin
82.1%
Net margin
33.3%
Operating margin
50%
Efficiency
Return on assets
14.2%
Return on equity
N/A
Return on invested capital
25.5%
Return on capital employed
25.4%
Return on sales
49.3%
Dividend
Dividend yield
0.75%
DPS
$2.72
Payout ratio
43.2%
MSCI stock price
How has the MSCI stock price performed over time
Financial performance
How have MSCI's revenue and profit performed over time
Revenue
$1.6B
Gross profit
$1.32B
Operating income
$800.91M
Net income
$533.58M
Gross margin
82.1%
Net margin
33.3%
MSCI's operating income is up by 17% year-on-year and by 6% since the previous quarter
The company's net margin fell by 15% YoY and by 8% QoQ
MSCI's gross profit has increased by 14% YoY and by 4.2% from the previous quarter
MSCI's revenue has increased by 10% YoY and by 2.9% from the previous quarter
Valuation
What is MSCI stock price valuation
P/E
57.87
P/B
N/A
P/S
19.3
EV/EBIT
41.43
EV/EBITDA
36.61
EV/Sales
20.42
The stock's P/E is 68% more than its 5-year quarterly average of 34.4 and 54% more than its last 4 quarters average of 37.6
MSCI's EPS has decreased by 5% from the previous quarter and by 5% YoY
The company's equity fell by 12% YoY
The P/S is 103% more than the 5-year quarterly average of 9.5 and 40% more than the last 4 quarters average of 13.8
MSCI's revenue has increased by 10% YoY and by 2.9% from the previous quarter
Efficiency
How efficient is MSCI business performance
The ROIC is down by 14% year-on-year
The ROA has contracted by 11% YoY and by 10% from the previous quarter
MSCI's ROS has decreased by 5% YoY but it has increased by 2.3% from the previous quarter
Dividends
What is MSCI's dividend history
DPS
$2.72
Dividend yield
0.75%
Payout ratio
43.2%
Recent dividends
Financial health
How did MSCI financials performed over time
MSCI's total assets is 8% lower than its total liabilities
MSCI's quick ratio has increased by 31% YoY but it has decreased by 13% QoQ
The current ratio has increased by 25% YoY but it has decreased by 12% from the previous quarter
The company's debt to equity has surged by 78% QoQ but it fell by 8% YoY
The company's debt rose by 21% YoY and by 3% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.