MSCI Inc

MSCI Financial Financial Data & Stock Exchanges

MSCI Inc’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 9.75% from fiscal 2024.

Revenue
+12.4%
EPS
+14.3%
Free cash flow
−8.93%
Total debt
+22.0%

Quarter to September 2026, against a year earlier

638.46 17.45 −2.66%
Market cap
$46.9B
P/E
34.8×
Fwd P/E
31.4×
Dividend yield
1.21%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

MSCI Inc (MSCI) Free cash flow margin

Alert me on Free cash flow margin

MSCI Inc's free cash flow margin over the twelve months to 30 September 2026 was 42.4%, down 4.2 percentage points from fiscal 2025 (46.5%). Over the past ten years it has ranged from 25.3% (fiscal 2015) to 48.6% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Financial Data & Stock Exchanges industry median of 32.1% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 46.5% (2.02)
FY2024 48.6% 3.27
FY2023 45.3% (0.19)
FY2022 45.5% 2.57
FY2021 42.9% (1.94)
FY2020 44.8% 2.75
FY2019 42.1% 2.77
FY2018 39.3% 11.43
FY2017 27.9% (6.85)
FY2016 34.7% 9.42

Against its own ten years

Low 25.3% High 48.6%
Ten-year median 42.9%
Current reading's percentile 91

Free cash flow margin against peers

Company Free cash flow margin
CME CME Group Inc. compare 62.2%
CBOE Cboe Global Markets, Inc. compare 47.9%
ICE Intercontinental Exchange Inc. compare 44.3%
MSCI MSCI Inc 42.4%
MCO Moody's Corporation compare 36.4%
SPGI S&P Global Inc. compare 35.7%
NDAQ Nasdaq, Inc. compare 24.7%
COIN Coinbase Global, Inc. compare 20.3%
TRU TransUnion compare 18.1%
Financial Data & Stock Exchanges industry median 32.1%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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