MSCI (MSCI) Financials & Stock Analysis

MSCI

NYSE: MSCI · USD

Revenue

USD millions

$867M

MSCI Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Revenue
FY 2010 Q3	$202.733M; Change unavailable vs FY 2010 Q2
FY 2010 Q4	$213.318M; +5.2% vs FY 2010 Q3
FY 2011 Q1	$223.298M; +4.7% vs FY 2010 Q4
FY 2011 Q2	$226.483M; +1.4% vs FY 2011 Q1
FY 2011 Q3	$225.026M; −0.6% vs FY 2011 Q2
FY 2011 Q4	$226.134M; +0.5% vs FY 2011 Q3
FY 2012 Q1	$229.052M; +1.3% vs FY 2011 Q4
FY 2012 Q2	$238.565M; +4.2% vs FY 2012 Q1
FY 2012 Q3	$235.444M; −1.3% vs FY 2012 Q2
FY 2012 Q4	$247.08M; +4.9% vs FY 2012 Q3
FY 2013 Q1	$251.909M; +2.0% vs FY 2012 Q4
FY 2013 Q2	$257.898M; +2.4% vs FY 2013 Q1
FY 2013 Q3	$258.238M; +0.1% vs FY 2013 Q2
FY 2013 Q4	$267.622M; +3.6% vs FY 2013 Q3
FY 2014 Q1	$239.688M; −10.4% vs FY 2013 Q4
FY 2014 Q2	$254.226M; +6.1% vs FY 2014 Q1
FY 2014 Q3	$251.661M; −1.0% vs FY 2014 Q2
FY 2014 Q4	$251.105M; −0.2% vs FY 2014 Q3
FY 2015 Q1	$262.769M; +4.6% vs FY 2014 Q4
FY 2015 Q2	$270.58M; +3.0% vs FY 2015 Q1
FY 2015 Q3	$268.771M; −0.7% vs FY 2015 Q2
FY 2015 Q4	$272.893M; +1.5% vs FY 2015 Q3
FY 2016 Q1	$278.828M; +2.2% vs FY 2015 Q4
FY 2016 Q2	$290.596M; +4.2% vs FY 2016 Q1
FY 2016 Q3	$288.433M; −0.7% vs FY 2016 Q2
FY 2016 Q4	$292.812M; +1.5% vs FY 2016 Q3
FY 2017 Q1	$301.207M; +2.9% vs FY 2016 Q4
FY 2017 Q2	$316.089M; +4.9% vs FY 2017 Q1
FY 2017 Q3	$322.097M; +1.9% vs FY 2017 Q2
FY 2017 Q4	$334.779M; +3.9% vs FY 2017 Q3
FY 2018 Q1	$351.316M; +4.9% vs FY 2017 Q4
FY 2018 Q2	$363.046M; +3.3% vs FY 2018 Q1
FY 2018 Q3	$357.934M; −1.4% vs FY 2018 Q2
FY 2018 Q4	$361.688M; +1.0% vs FY 2018 Q3
FY 2019 Q1	$371.381M; +2.7% vs FY 2018 Q4
FY 2019 Q2	$385.558M; +3.8% vs FY 2019 Q1
FY 2019 Q3	$394.251M; +2.3% vs FY 2019 Q2
FY 2019 Q4	$406.606M; +3.1% vs FY 2019 Q3
FY 2020 Q1	$416.78M; +2.5% vs FY 2019 Q4
FY 2020 Q2	$409.616M; −1.7% vs FY 2020 Q1
FY 2020 Q3	$425.333M; +3.8% vs FY 2020 Q2
FY 2020 Q4	$443.661M; +4.3% vs FY 2020 Q3
FY 2021 Q1	$478.423M; +7.8% vs FY 2020 Q4
FY 2021 Q2	$498.18M; +4.1% vs FY 2021 Q1
FY 2021 Q3	$517.099M; +3.8% vs FY 2021 Q2
FY 2021 Q4	$549.842M; +6.3% vs FY 2021 Q3
FY 2022 Q1	$559.945M; +1.8% vs FY 2021 Q4
FY 2022 Q2	$551.806M; −1.5% vs FY 2022 Q1
FY 2022 Q3	$560.639M; +1.6% vs FY 2022 Q2
FY 2022 Q4	$576.208M; +2.8% vs FY 2022 Q3
FY 2023 Q1	$592.218M; +2.8% vs FY 2022 Q4
FY 2023 Q2	$621.157M; +4.9% vs FY 2023 Q1
FY 2023 Q3	$625.439M; +0.7% vs FY 2023 Q2
FY 2023 Q4	$690.106M; +10.3% vs FY 2023 Q3
FY 2024 Q1	$679.965M; −1.5% vs FY 2023 Q4
FY 2024 Q2	$707.949M; +4.1% vs FY 2024 Q1
FY 2024 Q3	$724.705M; +2.4% vs FY 2024 Q2
FY 2024 Q4	$743.509M; +2.6% vs FY 2024 Q3
FY 2025 Q1	$745.826M; +0.3% vs FY 2024 Q4
FY 2025 Q2	$772.679M; +3.6% vs FY 2025 Q1
FY 2025 Q3	$793.426M; +2.7% vs FY 2025 Q2
FY 2025 Q4	$822.528M; +3.7% vs FY 2025 Q3
FY 2026 Q1	$850.8M; +3.4% vs FY 2025 Q4
FY 2026 Q2	$867M; +1.9% vs FY 2026 Q1

Free cash flow

USD millions

$359.8M

MSCI Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Free cash flow
FY 2010 Q3	$63.735M; Change unavailable vs FY 2010 Q2
FY 2010 Q4	$56.021M; −12.1% vs FY 2010 Q3
FY 2011 Q1	$-29.713M; −153.0% vs FY 2010 Q4
FY 2011 Q2	$103.227M; +447.4% vs FY 2011 Q1
FY 2011 Q3	$84.574M; −18.1% vs FY 2011 Q2
FY 2011 Q4	$73.798M; −12.7% vs FY 2011 Q3
FY 2012 Q1	$65.215M; −11.6% vs FY 2011 Q4
FY 2012 Q2	$104.905M; +60.9% vs FY 2012 Q1
FY 2012 Q3	$79.434M; −24.3% vs FY 2012 Q2
FY 2012 Q4	$52.637M; −33.7% vs FY 2012 Q3
FY 2013 Q1	$66.247M; +25.9% vs FY 2012 Q4
FY 2013 Q2	$81.938M; +23.7% vs FY 2013 Q1
FY 2013 Q3	$56.953M; −30.5% vs FY 2013 Q2
FY 2013 Q4	$75.054M; +31.8% vs FY 2013 Q3
FY 2014 Q1	$16.748M; −77.7% vs FY 2013 Q4
FY 2014 Q2	$58.818M; +251.2% vs FY 2014 Q1
FY 2014 Q3	$89.879M; +52.8% vs FY 2014 Q2
FY 2014 Q4	$97.569M; +8.6% vs FY 2014 Q3
FY 2015 Q1	$61.749M; −36.7% vs FY 2014 Q4
FY 2015 Q2	$13.41M; −78.3% vs FY 2015 Q1
FY 2015 Q3	$124.988M; +832.1% vs FY 2015 Q2
FY 2015 Q4	$65.195M; −47.8% vs FY 2015 Q3
FY 2016 Q1	$29.895M; −54.1% vs FY 2015 Q4
FY 2016 Q2	$106.935M; +257.7% vs FY 2016 Q1
FY 2016 Q3	$136.056M; +27.2% vs FY 2016 Q2
FY 2016 Q4	$129.568M; −4.8% vs FY 2016 Q3
FY 2017 Q1	$29.693M; −77.1% vs FY 2016 Q4
FY 2017 Q2	$118.488M; +299.0% vs FY 2017 Q1
FY 2017 Q3	$95.384M; −19.5% vs FY 2017 Q2
FY 2017 Q4	$127.416M; +33.6% vs FY 2017 Q3
FY 2018 Q1	$87.085M; −31.7% vs FY 2017 Q4
FY 2018 Q2	$204.198M; +134.5% vs FY 2018 Q1
FY 2018 Q3	$135.235M; −33.8% vs FY 2018 Q2
FY 2018 Q4	$155.987M; +15.3% vs FY 2018 Q3
FY 2019 Q1	$84.719M; −45.7% vs FY 2018 Q4
FY 2019 Q2	$183.192M; +116.2% vs FY 2019 Q1
FY 2019 Q3	$180.753M; −1.3% vs FY 2019 Q2
FY 2019 Q4	$231.743M; +28.2% vs FY 2019 Q3
FY 2020 Q1	$109.157M; −52.9% vs FY 2019 Q4
FY 2020 Q2	$258.632M; +136.9% vs FY 2020 Q1
FY 2020 Q3	$195.24M; −24.5% vs FY 2020 Q2
FY 2020 Q4	$226.254M; +15.9% vs FY 2020 Q3
FY 2021 Q1	$214.793M; −5.1% vs FY 2020 Q4
FY 2021 Q2	$223.248M; +3.9% vs FY 2021 Q1
FY 2021 Q3	$211.245M; −5.4% vs FY 2021 Q2
FY 2021 Q4	$273.274M; +29.4% vs FY 2021 Q3
FY 2022 Q1	$242.93M; −11.1% vs FY 2021 Q4
FY 2022 Q2	$209.206M; −13.9% vs FY 2022 Q1
FY 2022 Q3	$319.794M; +52.9% vs FY 2022 Q2
FY 2022 Q4	$309.822M; −3.1% vs FY 2022 Q3
FY 2023 Q1	$257.916M; −16.8% vs FY 2022 Q4
FY 2023 Q2	$282.651M; +9.6% vs FY 2023 Q1
FY 2023 Q3	$287.567M; +1.7% vs FY 2023 Q2
FY 2023 Q4	$385.138M; +33.9% vs FY 2023 Q3
FY 2024 Q1	$295.866M; −23.2% vs FY 2023 Q4
FY 2024 Q2	$340.63M; +15.1% vs FY 2024 Q1
FY 2024 Q3	$414.983M; +21.8% vs FY 2024 Q2
FY 2024 Q4	$416.386M; +0.3% vs FY 2024 Q3
FY 2025 Q1	$290.237M; −30.3% vs FY 2024 Q4
FY 2025 Q2	$324.69M; +11.9% vs FY 2025 Q1
FY 2025 Q3	$445.509M; +37.2% vs FY 2025 Q2
FY 2025 Q4	$488.691M; +9.7% vs FY 2025 Q3
FY 2026 Q1	$304M; −37.8% vs FY 2025 Q4
FY 2026 Q2	$359.8M; +18.4% vs FY 2026 Q1

Net margin

39.45%

MSCI Net margin. Reported fiscal history.
Fiscal period	%
FY 2010 Q3	5.09%
FY 2010 Q4	14.19%
FY 2011 Q1	15.01%
FY 2011 Q2	20.16%
FY 2011 Q3	22.12%
FY 2011 Q4	19.67%
FY 2012 Q1	19.19%
FY 2012 Q2	15.74%
FY 2012 Q3	20.5%
FY 2012 Q4	22.04%
FY 2013 Q1	23.4%
FY 2013 Q2	23.67%
FY 2013 Q3	21.42%
FY 2013 Q4	17.66%
FY 2014 Q1	33.54%
FY 2014 Q2	42.35%
FY 2014 Q3	20.55%
FY 2014 Q4	17.66%
FY 2015 Q1	16.68%
FY 2015 Q2	20.7%
FY 2015 Q3	23.96%
FY 2015 Q4	21.77%
FY 2016 Q1	21.65%
FY 2016 Q2	23.04%
FY 2016 Q3	22.63%
FY 2016 Q4	23.31%
FY 2017 Q1	24.22%
FY 2017 Q2	25.71%
FY 2017 Q3	26.44%
FY 2017 Q4	19.3%
FY 2018 Q1	32.76%
FY 2018 Q2	32.18%
FY 2018 Q3	34.6%
FY 2018 Q4	42.06%
FY 2019 Q1	47.98%
FY 2019 Q2	32.6%
FY 2019 Q3	34.75%
FY 2019 Q4	30.2%
FY 2020 Q1	35.54%
FY 2020 Q2	28.11%
FY 2020 Q3	42.87%
FY 2020 Q4	35.21%
FY 2021 Q1	41.14%
FY 2021 Q2	33.21%
FY 2021 Q3	32.85%
FY 2021 Q4	35.26%
FY 2022 Q1	40.79%
FY 2022 Q2	38.16%
FY 2022 Q3	38.63%
FY 2022 Q4	37.31%
FY 2023 Q1	40.31%
FY 2023 Q2	39.74%
FY 2023 Q3	41.52%
FY 2023 Q4	58.45%
FY 2024 Q1	37.64%
FY 2024 Q2	37.68%
FY 2024 Q3	38.76%
FY 2024 Q4	41.09%
FY 2025 Q1	38.7%
FY 2025 Q2	39.3%
FY 2025 Q3	41.01%
FY 2025 Q4	34.61%
FY 2026 Q1	47.72%
FY 2026 Q2	39.45%

P/E

× · TTM · Daily

29.6×

MSCI P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date	× · TTM · Daily	Financials through
2013-03-28	22.84×	2012-12-31
2013-04-30	22.96×	2012-12-31
2013-05-31	21.61×	2013-03-31
2013-06-28	20.4×	2013-03-31
2013-07-31	21.5×	2013-03-31
2013-08-30	20.63×	2013-06-30
2013-09-30	22.14×	2013-06-30
2013-10-31	22.42×	2013-06-30
2013-11-29	23.37×	2013-09-30
2013-12-31	23.01×	2013-09-30
2014-01-31	22.49×	2013-09-30
2014-02-28	23.01×	2013-09-30
2014-03-31	22.65×	2013-09-30
2014-04-30	21.34×	2013-09-30
2014-05-30	22.72×	2013-09-30
2014-06-30	24.14×	2013-09-30
2014-07-31	23.82×	2013-09-30
2014-08-29	24.29×	2013-09-30
2014-09-30	24.75×	2013-09-30
2014-10-31	24.56×	2013-09-30
2014-11-28	25.46×	2013-09-30
2014-12-31	24.97×	2013-09-30
2015-01-30	28.33×	2013-09-30
2015-02-27	29.54×	2013-09-30
2015-03-31	32.27×	2013-09-30
2015-04-30	32.21×	2013-09-30
2015-05-29	32.66×	2013-09-30
2015-06-30	32.4×	2013-09-30
2015-07-31	35.88×	2013-09-30
2015-08-31	31.86×	2013-09-30
2015-09-30	31.3×	2013-09-30
2015-10-30	35.27×	2013-09-30
2015-11-30	36.91×	2013-09-30
2015-12-31	37.97×	2013-09-30
2016-01-29	36.24×	2013-09-30
2016-02-29	32.66×	2015-12-31
2016-03-31	34.31×	2015-12-31
2016-04-29	35.17×	2015-12-31
2016-05-31	36.96×	2015-12-31
2016-06-30	35.72×	2015-12-31
2016-07-29	39.85×	2015-12-31
2016-08-31	34.77×	2016-06-30
2016-09-30	32.38×	2016-06-30
2016-10-31	30.38×	2016-09-30
2016-11-30	29.85×	2016-09-30
2016-12-30	29.85×	2016-09-30
2017-01-31	31.35×	2016-09-30
2017-02-28	34.03×	2016-12-31
2017-03-31	34.97×	2016-12-31
2017-04-28	36.09×	2016-12-31
2017-05-31	34.09×	2017-03-31
2017-06-30	34.51×	2017-03-31
2017-07-31	36.51×	2017-03-31
2017-08-31	36.53×	2017-06-30
2017-09-29	37.26×	2017-06-30
2017-10-31	37.4×	2017-06-30
2017-11-30	38.44×	2017-09-30
2017-12-29	37.79×	2017-09-30
2018-01-31	41.58×	2017-09-30
2018-02-28	43.05×	2017-12-31
2018-03-29	45.47×	2017-12-31
2018-04-30	45.58×	2017-12-31
2018-05-31	43.49×	2018-03-31
2018-06-29	44.25×	2018-03-31
2018-07-31	44.46×	2018-03-31
2018-08-31	43.25×	2018-06-30
2018-09-28	42.57×	2018-06-30
2018-10-31	36.08×	2018-06-30
2018-11-30	34.15×	2018-09-30
2018-12-31	32.05×	2018-09-30
2019-01-31	37.01×	2018-09-30
2019-02-28	32.55×	2018-12-31
2019-03-29	35.04×	2018-12-31
2019-04-30	39.71×	2018-12-31
2019-05-31	33×	2019-03-31
2019-06-28	35.82×	2019-03-31
2019-07-31	34.09×	2019-03-31
2019-08-30	34.55×	2019-06-30
2019-09-30	32.07×	2019-06-30
2019-10-31	34.54×	2019-06-30
2019-11-29	37.39×	2019-09-30
2019-12-31	37.25×	2019-09-30
2020-01-31	41.23×	2019-09-30
2020-02-28	44.84×	2019-12-31
2020-03-31	43.86×	2019-12-31
2020-04-30	52.43×	2020-03-31
2020-05-29	52.72×	2020-03-31
2020-06-30	53.52×	2020-03-31
2020-07-31	60.64×	2020-06-30
2020-08-31	60.2×	2020-06-30
2020-09-30	57.54×	2020-06-30
2020-10-30	52×	2020-09-30
2020-11-30	60.85×	2020-09-30
2020-12-31	66.37×	2020-09-30
2021-01-29	58.75×	2020-09-30
2021-02-26	61.61×	2020-09-30
2021-03-31	62.32×	2020-09-30
2021-04-30	62.35×	2021-03-31
2021-05-28	60.08×	2021-03-31
2021-06-30	68.42×	2021-03-31
2021-07-30	70.83×	2021-06-30
2021-08-31	75.42×	2021-06-30
2021-09-30	72.3×	2021-06-30
2021-10-29	80.71×	2021-09-30
2021-11-30	76.41×	2021-09-30
2021-12-31	74.37×	2021-09-30
2022-01-31	65.08×	2021-09-30
2022-02-28	60.9×	2021-09-30
2022-03-31	61.04×	2021-09-30
2022-04-29	45.75×	2022-03-31
2022-05-31	48.05×	2022-03-31
2022-06-30	44.77×	2022-03-31
2022-07-29	48.75×	2022-06-30
2022-08-31	45.49×	2022-06-30
2022-09-30	42.71×	2022-06-30
2022-10-31	44.64×	2022-09-30
2022-11-30	48.35×	2022-09-30
2022-12-30	44.29×	2022-09-30
2023-01-31	50.61×	2022-09-30
2023-02-28	48.24×	2022-12-31
2023-03-31	51.71×	2022-12-31
2023-04-28	44.08×	2023-03-31
2023-05-31	42.99×	2023-03-31
2023-06-30	42.88×	2023-03-31
2023-07-31	47.75×	2023-06-30
2023-08-31	47.36×	2023-06-30
2023-09-29	44.7×	2023-06-30
2023-10-31	41.08×	2023-06-30
2023-11-30	43.12×	2023-09-30
2023-12-29	46.83×	2023-09-30
2024-01-31	49.56×	2023-09-30
2024-02-29	38.83×	2023-12-31
2024-03-28	38.79×	2023-12-31
2024-04-30	31.77×	2024-03-31
2024-05-31	33.77×	2024-03-31
2024-06-28	32.86×	2024-03-31
2024-07-31	36.14×	2024-06-30
2024-08-30	38.8×	2024-06-30
2024-09-30	38.96×	2024-06-30
2024-10-31	38.17×	2024-06-30
2024-11-29	39.76×	2024-09-30
2024-12-31	39.14×	2024-09-30
2025-01-31	38.93×	2024-09-30
2025-02-28	41.72×	2024-12-31
2025-03-31	39.96×	2024-12-31
2025-04-30	37.15×	2025-03-31
2025-05-30	38.44×	2025-03-31
2025-06-30	39.3×	2025-03-31
2025-07-31	36.91×	2025-06-30
2025-08-29	37.33×	2025-06-30
2025-09-30	37.31×	2025-06-30
2025-10-31	36.85×	2025-09-30
2025-11-28	35.29×	2025-09-30
2025-12-31	35.92×	2025-09-30
2026-01-30	38.14×	2025-09-30
2026-02-27	35.53×	2025-12-31
2026-03-31	33.49×	2025-12-31
2026-04-30	32.89×	2026-03-31
2026-05-29	35.12×	2026-03-31
2026-06-30	31.15×	2026-03-31
2026-07-31	30.72×	2026-06-30
2026-08-31	30.63×	2026-06-30
2026-09-25	29.6×	2026-06-30

ROIC

% · Annual / TTM

47.87%

MSCI ROIC. Reported fiscal history.
Fiscal period	% · Annual / TTM
FY 2010 Q3	—
FY 2010 Q4	—
FY 2011 Q1	—
FY 2011 Q2	—
FY 2011 Q3	—
FY 2011 Q4	9.99%
FY 2012 Q1	10.03%
FY 2012 Q2	10.54%
FY 2012 Q3	10.32%
FY 2012 Q4	10.45%
FY 2013 Q1	11.03%
FY 2013 Q2	11.9%
FY 2013 Q3	12.23%
FY 2013 Q4	11.61%
FY 2014 Q1	10.88%
FY 2014 Q2	11.58%
FY 2014 Q3	11.42%
FY 2014 Q4	11.6%
FY 2015 Q1	—
FY 2015 Q2	—
FY 2015 Q3	—
FY 2015 Q4	—
FY 2016 Q1	—
FY 2016 Q2	—
FY 2016 Q3	—
FY 2016 Q4	—
FY 2017 Q1	—
FY 2017 Q2	—
FY 2017 Q3	—
FY 2017 Q4	—
FY 2018 Q1	—
FY 2018 Q2	—
FY 2018 Q3	—
FY 2018 Q4	—
FY 2019 Q1	—
FY 2019 Q2	—
FY 2019 Q3	—
FY 2019 Q4	—
FY 2020 Q1	—
FY 2020 Q2	—
FY 2020 Q3	—
FY 2020 Q4	—
FY 2021 Q1	—
FY 2021 Q2	—
FY 2021 Q3	—
FY 2021 Q4	43.22%
FY 2022 Q1	44.4%
FY 2022 Q2	45.3%
FY 2022 Q3	37.9%
FY 2022 Q4	39.6%
FY 2023 Q1	39.51%
FY 2023 Q2	40.59%
FY 2023 Q3	42.68%
FY 2023 Q4	39.94%
FY 2024 Q1	40.34%
FY 2024 Q2	41.26%
FY 2024 Q3	42.84%
FY 2024 Q4	38.66%
FY 2025 Q1	39.15%
FY 2025 Q2	40.19%
FY 2025 Q3	42.91%
FY 2025 Q4	44.52%
FY 2026 Q1	47.11%
FY 2026 Q2	47.87%

Capital allocation

% of tracked cash uses

$571M

MSCI capital allocation. Quarterly values. Missing values are unavailable.
Period	Capex	Acquisitions	Buybacks	Dividends	Debt repayments	Tracked uses
FY 2010 Q3	3.07% · $2.399M	Unavailable	2.25% · $1.757M	Unavailable	94.69% · $74.048M	100% · $78.204M
FY 2010 Q4	31.21% · $6.095M	1.54% · $0.3M	50.93% · $9.944M	Unavailable	16.32% · $3.187M	100% · $19.526M
FY 2011 Q1	0.3% · $3.835M	Unavailable	0.23% · $2.896M	Unavailable	99.47% · $1,268.625M	100% · $1,275.356M
FY 2011 Q2	50.58% · $2.897M	Unavailable	0.31% · $0.018M	Unavailable	49.11% · $2.813M	100% · $5.728M
FY 2011 Q3	78.08% · $10.11M	Unavailable	0.21% · $0.027M	Unavailable	21.71% · $2.811M	100% · $12.948M
FY 2011 Q4	11.24% · $6.269M	Unavailable	20.95% · $11.685M	Unavailable	67.81% · $37.813M	100% · $55.767M
FY 2012 Q1	45.6% · $4.292M	Unavailable	24.53% · $2.309M	Unavailable	29.87% · $2.812M	100% · $9.413M
FY 2012 Q2	1.43% · $15.654M	Unavailable	0.02% · $0.174M	Unavailable	98.55% · $1,078.751M	100% · $1,094.579M
FY 2012 Q3	61.35% · $18.163M	Unavailable	1.49% · $0.441M	Unavailable	37.16% · $11M	100% · $29.604M
FY 2012 Q4	5.61% · $6.775M	Unavailable	85.29% · $103.065M	Unavailable	9.1% · $11M	100% · $120.84M
FY 2013 Q1	7.58% · $4.8M	36.56% · $23.168M	14.83% · $9.397M	Unavailable	41.03% · $26M	100% · $63.365M
FY 2013 Q2	24.55% · $3.691M	0.67% · $0.1M	1.61% · $0.242M	Unavailable	73.17% · $11M	100% · $15.033M
FY 2013 Q3	10.03% · $12.408M	0% · $0M	81.08% · $100.289M	Unavailable	8.89% · $11M	100% · $123.697M
FY 2013 Q4	89.57% · $19.356M	0% · $0M	10.43% · $2.255M	Unavailable	0% · $0M	100% · $21.611M
FY 2014 Q1	7.04% · $8.501M	Unavailable	88.76% · $107.159M	Unavailable	4.19% · $5.063M	100% · $120.723M
FY 2014 Q2	59.47% · $9.985M	Unavailable	10.39% · $1.744M	Unavailable	30.15% · $5.062M	100% · $16.791M
FY 2014 Q3	5.23% · $17.688M	4.4% · $14.88M	88.87% · $300.493M	Unavailable	1.5% · $5.062M	100% · $338.123M
FY 2014 Q4	0.79% · $6.485M	0% · $0.041M	0.03% · $0.255M	2.48% · $20.393M	96.69% · $794.813M	100% · $821.987M
FY 2015 Q1	13.82% · $4.934M	Unavailable	29% · $10.352M	57.18% · $20.411M	Unavailable	100% · $35.697M
FY 2015 Q2	8.98% · $10.616M	Unavailable	73.74% · $87.215M	17.28% · $20.442M	Unavailable	100% · $118.273M
FY 2015 Q3	2.36% · $8.975M	Unavailable	91.29% · $347.073M	6.35% · $24.152M	Unavailable	100% · $380.2M
FY 2015 Q4	5.47% · $16.127M	Unavailable	86.81% · $256.075M	7.73% · $22.792M	Unavailable	100% · $294.994M
FY 2016 Q1	0.84% · $3.135M	0.02% · $0.06M	93.25% · $346.715M	5.89% · $21.889M	Unavailable	100% · $371.799M
FY 2016 Q2	6.69% · $10.142M	0% · $0M	79.19% · $120.03M	14.11% · $21.391M	Unavailable	100% · $151.563M
FY 2016 Q3	15.6% · $10.867M	0% · $0M	46.1% · $32.118M	38.3% · $26.68M	Unavailable	100% · $69.665M
FY 2016 Q4	2.62% · $8.14M	0% · $0M	88.89% · $275.702M	8.48% · $26.304M	Unavailable	100% · $310.146M
FY 2017 Q1	5.5% · $7.322M	Unavailable	75.36% · $100.362M	19.15% · $25.5M	Unavailable	100% · $133.184M
FY 2017 Q2	5.34% · $3.729M	Unavailable	58.2% · $40.615M	36.46% · $25.444M	Unavailable	100% · $69.788M
FY 2017 Q3	12.74% · $6.389M	Unavailable	18.68% · $9.373M	68.58% · $34.403M	Unavailable	100% · $50.165M
FY 2017 Q4	31.29% · $15.737M	Unavailable	0.22% · $0.111M	68.49% · $34.448M	Unavailable	100% · $50.296M
FY 2018 Q1	1.18% · $1.512M	Unavailable	71.48% · $91.277M	27.33% · $34.9M	Unavailable	100% · $127.689M
FY 2018 Q2	1.54% · $2.967M	Unavailable	80.81% · $155.423M	17.64% · $33.935M	Unavailable	100% · $192.325M
FY 2018 Q3	8.06% · $8.59M	Unavailable	43.4% · $46.27M	48.55% · $51.764M	Unavailable	100% · $106.624M
FY 2018 Q4	2.37% · $17.188M	Unavailable	90.67% · $656.918M	6.96% · $50.434M	Unavailable	100% · $724.54M
FY 2019 Q1	0.91% · $3.156M	Unavailable	82.33% · $284.466M	16.76% · $57.895M	Unavailable	100% · $345.517M
FY 2019 Q2	11.14% · $6.278M	Unavailable	1.32% · $0.743M	87.54% · $49.336M	Unavailable	100% · $56.357M
FY 2019 Q3	11.67% · $7.782M	Unavailable	1.62% · $1.081M	86.71% · $57.846M	Unavailable	100% · $66.709M
FY 2019 Q4	15.76% · $11.9M	Unavailable	7.66% · $5.785M	76.59% · $57.845M	Unavailable	100% · $75.53M
FY 2020 Q1	0.49% · $3.613M	Unavailable	50.14% · $372.894M	7.98% · $59.378M	41.39% · $307.875M	100% · $743.76M
FY 2020 Q2	0.43% · $3.984M	Unavailable	3.42% · $31.673M	6.15% · $57.031M	90% · $834.507M	100% · $927.195M
FY 2020 Q3	1.63% · $4.555M	Unavailable	74.91% · $208.999M	23.45% · $65.434M	0% · $0M	100% · $278.988M
FY 2020 Q4	4.04% · $9.674M	Unavailable	68.95% · $164.953M	27% · $64.601M	0% · $0M	100% · $239.228M
FY 2021 Q1	0.26% · $0.664M	Unavailable	73.71% · $187.154M	26.03% · $66.087M	Unavailable	100% · $253.905M
FY 2021 Q2	2.7% · $1.809M	Unavailable	0.93% · $0.62M	96.37% · $64.47M	Unavailable	100% · $66.899M
FY 2021 Q3	0.74% · $4.646M	Unavailable	0.84% · $5.286M	13.65% · $85.939M	84.77% · $533.565M	100% · $629.436M
FY 2021 Q4	6.52% · $6.39M	0.3% · $0.294M	5.43% · $5.314M	87.75% · $85.953M	0% · $0M	100% · $97.951M
FY 2022 Q1	0.13% · $1.254M	Unavailable	90.32% · $877.657M	9.03% · $87.769M	0.51% · $5M	100% · $971.68M
FY 2022 Q2	0.95% · $3.483M	Unavailable	76.21% · $280.856M	22.84% · $84.167M	0% · $0M	100% · $368.506M
FY 2022 Q3	1.2% · $3.275M	Unavailable	61.85% · $168.785M	36.95% · $100.823M	0% · $0M	100% · $272.883M
FY 2022 Q4	3.15% · $5.605M	0% · $0M	39.41% · $70.208M	56.22% · $100.156M	1.23% · $2.188M	100% · $178.157M
FY 2023 Q1	3.78% · $6.225M	0% · $0M	26.72% · $43.96M	68.17% · $112.145M	1.33% · $2.188M	100% · $164.518M
FY 2023 Q2	1.63% · $9.153M	0% · $0M	78.42% · $441.457M	19.56% · $110.115M	0.39% · $2.187M	100% · $562.912M
FY 2023 Q3	2.66% · $3.564M	0% · $0M	14% · $18.744M	81.7% · $109.38M	1.63% · $2.188M	100% · $133.876M
FY 2023 Q4	0.45% · $3.815M	86.31% · $727.342M	0% · $0.027M	12.98% · $109.353M	0.26% · $2.187M	100% · $842.724M
FY 2024 Q1	0.77% · $4.271M	1.42% · $7.82M	12.67% · $69.991M	23.77% · $131.305M	61.37% · $339.063M	100% · $552.45M
FY 2024 Q2	2.17% · $8.618M	4.95% · $19.647M	60.9% · $241.718M	31.98% · $126.918M	0% · $0M	100% · $396.901M
FY 2024 Q3	1.86% · $6.626M	0% · $0M	55.9% · $199.509M	35.24% · $125.757M	7% · $25M	100% · $356.892M
FY 2024 Q4	2.01% · $14.247M	0% · $0M	52.8% · $374.048M	17.66% · $125.129M	27.53% · $195M	100% · $708.424M
FY 2025 Q1	2.65% · $11.5M	0% · $0M	49.17% · $213.093M	33.18% · $143.784M	15% · $65M	100% · $433.377M
FY 2025 Q2	2.6% · $11.448M	0% · $0M	31.51% · $138.491M	31.79% · $139.744M	34.1% · $149.875M	100% · $439.558M
FY 2025 Q3	0.19% · $3.932M	0% · $0M	58.95% · $1,225.899M	6.63% · $137.858M	34.24% · $712M	100% · $2,079.689M
FY 2025 Q4	1.01% · $12.439M	0% · $0M	73.76% · $906.822M	10.99% · $135.135M	14.23% · $175M	100% · $1,229.396M
FY 2026 Q1	0.36% · $2.8M	5.31% · $41.7M	52.85% · $414.8M	19.18% · $150.5M	22.3% · $175M	100% · $784.8M
FY 2026 Q2	1.93% · $11M	2.99% · $17.1M	29.49% · $168.4M	26.18% · $149.5M	39.4% · $225M	100% · $571M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for MSCI.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue: Reported revenue from company filings.
Free cash flow: Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin: Reported net income / revenue × 100.
P/E: Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC: NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation: Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.

Reported revenue and sources

MSCI financials