MSCI Inc.

MSCI
Sector

Financials

Industry

Financial Data & Stock Exchanges

Market Cap

$46.86B

Employees

5.8K

Company Overview

MSCI is a leading provider of critical decision support tools and solutions for the global investment community. The company's research-driven and technology-enabled tools help investors define their investment universe, inform and analyze asset allocation and portfolio construction decisions, and measure and manage portfolio performance and risk. MSCI has a global presence, serving approximately 7,000 clients in over 95 countries.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Operating revenues increased by 14.0% to $707.9 million for the three months ended June 30, 2024, driven by a 14.4% increase in recurring subscriptions and an 18.2% increase in asset-based fees. Adjusting for the impact of foreign currency exchange rate fluctuations and recent acquisitions, total operating revenues would have increased 9.7%.

Net income increased by 8.1% to $266.8 million for the three months ended June 30, 2024, while total operating expenses increased by 18.2%. This indicates that while the company is growing revenue, it is also experiencing increased costs, which impacts margins.

Operating expenses increased across all categories, with cost of revenues up 16.4%, selling and marketing up 5.1%, research and development up 36.3%, and general and administrative up 11.4%. This indicates broad cost pressures across the business.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights