MSCI
MSCI Inc.551.23
-2.28-0.41%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
42.65BP/E (TTM)
34.95Basic EPS (TTM)
15.77Dividend Yield
0.01%Recent Filings
8-K
8-K
10-Q
Q3 FY2025 results
MSCI's Q3 revenue climbed 9.5% year-over-year to $793.4M, fueled by 17.1% growth in Index asset-based fees and steady recurring subscriptions across segments, while operating income rose 11.5% to $447.7M on a 56.4% margin. Diluted EPS hit $4.25, up 19.0% from $3.57, backed by 76,579K weighted shares and no anti-dilution flags. Operating cash flow for the nine months reached $1.1B, yielding $990.4M free cash flow (derived) after $97.6M capex, with $400.1M cash on hand offsetting $5.5B debt including new 5.25% notes due 2035. Acquisitions like Fabric and Foxberry in 2024 added $29.7M goodwill with $16.0M contingent consideration. Yet regulatory shifts in sustainability reporting pose adaptation risks.
8-K
MSCI Q3 revenues up 9.5%
MSCI Inc. reported Q3 2025 operating revenues of $793.4 million, up 9.5% year-over-year, fueled by 17.1% growth in asset-based fees from record AUM levels while recurring subscriptions rose 7.9%. The board authorized a fresh $3.0 billion share repurchase program on October 25, replacing the prior one, signaling robust capital return amid strong margins of 56.4%. Repurchases hit $1.2 billion in the quarter. Full-year guidance holds steady, but market volatility poses risks.
8-K
MSCI raises 2025 interest expense guidance
MSCI updated its full-year 2025 interest expense outlook to $205-$209 million, up from $182-$186 million, following its August 2025 issuance of $1.25 billion in 5.25% senior notes due 2035 and repayment of revolving credit facility borrowings. This reflects a higher debt balance for the year. Q3 2025 interest expense is now projected at $54-$55 million. Guidance remains subject to macroeconomic and capital market uncertainties.
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