MSCI (MSCI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

MSCI

NYSE•Financial Services•Financial Data & Stock Exchanges

$623.38+4.83(0.01%)Market closed

Market Cap

$45.94B

P/E

33.2x

P/S

13.4x

MSCI Inc., together with its subsidiaries, provides research-based data, analytics, and indexes, supported by advanced technology worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial products, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct. The Analytics segment offers risk management, performance attribution and portfolio management content, application, an integrated view of risk and return service, and an analysis of market, credit, liquidity, counterparty, and climate risk across asset classes; managed services, including consolidation of client portfolio data, review and reconciliation of input data and results, and customized reporting; and HedgePlatform to measure, evaluate, and monitor the risk of hedge fund investments. The Sustainability and Climate segment provides products and services that help institutional investors understand how ESG impacts the long-term risk and return of their portfolio and individual security-level investments; and data, ratings, research, and tools to assist investors navigate increasing regulation. The All Other Private Assets segment comprises private credit, real estate and infrastructure data, benchmarks, return-analytics, climate assessments and market insights; business intelligence to real estate owners, managers, developers, and brokers; and offers investment decision support tools for private capital. The Private Capital Solutions segment offers tools to help private asset investors across mission-critical workflows, such as sourcing terms and conditions, evaluating operating performance, managing risk and other activities supporting private capital investment. MSCI Inc. was incorporated in 1998 and is based in New York, New York.

How this company scores

WeakMetricSide Score: 69/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability17/25

Growth21/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality23/25

Strengths

Strong marginsCash-backed earningsConsistent free cash flowProfit converts from growth

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 33.2x5y range 29.5x – 69.6x

Currently near its 20-quarter median.

P/S · 13.4x5y range 12.0x – 24.7x

Currently near its 20-quarter median.

Price & Volume

Market Cap $45.94B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.43B
Q. Revenue: $892.00M
TTM EBITDA: $1.95B
TTM Op. Income: $1.91B
Q. Op. Income: $502.10M
TTM Net Income: $1.38B
Q. Net Income: $351.00M
EPS: $4.87
Shares Out.: $72.10M

$3.43B in TTM revenue grew 12.3% YoY, reaching $892.00M last quarter. TTM EBITDA of $1.95B and TTM operating income of $1.91B show growth is flowing through to the bottom line. TTM net income of $1.38B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 57.0%
Op. Margin: 56.3%
Net Margin: 39.3%

Op. margin of 56.3% is down 0.1% YoY — costs are rising relative to revenue. Net margin at 39.3% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 33.2x
P/S Ratio: 13.4x
P/B Ratio: N/A

At 33.2x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 13.4x and P/B of 0.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $5.60B
Cash: $261.00M
Long-Term Debt: $6.72B
Book Value: $-3.02B
D/E Ratio: N/A
Debt/EBITDA: 13.2

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $436.10M
TTM Free Cash Flow: $1.58B
FCF Margin: 45.9%
FCF / Net Income: 1.1

TTM FCF of $1.58B on $436.10M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 7% — a weakening trend.