MSCI Inc. (FRA:3HM)

MSCI Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,922	2,856	2,529	2,249	2,044	1,695
Revenue Growth (YoY)	11.67%	12.94%	12.47%	10.03%	20.54%	8.83%
Cost of Revenue	522.66	514.38	446.58	404.34	358.68	291.7
Gross Profit	2,399	2,342	2,082	1,844	1,685	1,404
Selling, General & Admin	476.35	467.9	428.04	407.66	376.74	332.16
Research & Development	165.72	158.65	132.12	107.21	111.56	101.05
Operating Expenses	829.02	807.57	695.94	633.57	583.2	520.34
Operating Income	1,570	1,534	1,386	1,211	1,102	883.35
Interest Expense	-185.32	-185.5	-186.68	-171.57	-159.61	-156.32
Interest & Investment Income	19.11	21.28	34.48	11.77	1.5	5.03
Currency Exchange Gain (Loss)	-4.8	-4.8	-4.5	-	-	-
Other Non Operating Income (Expenses)	-1	-0.53	-0.76	-2.28	4.96	-0.9
EBT Excluding Unusual Items	1,398	1,365	1,229	1,049	948.51	731.16
Merger & Restructuring Charges	-5.45	-6.95	-2.43	-4.06	-6.87	-
Gain (Loss) on Sale of Investments	-	-	143.03	-	-	-
Asset Writedown	-	-	-0.48	-0.71	-24.4	-
Other Unusual Items	-1.51	-1.51	-	-	-59.1	-44.93
Pretax Income	1,391	1,356	1,369	1,044	858.14	686.23
Income Tax Expense	249.57	247.04	220.47	173.27	132.15	84.4
Earnings From Continuing Operations	1,142	1,109	1,149	870.57	725.98	601.82
Net Income	1,142	1,109	1,149	870.57	725.98	601.82
Net Income to Common	1,142	1,109	1,149	870.57	725.98	601.82
Net Income Growth	-2.06%	-3.44%	31.94%	19.92%	20.63%	6.77%
Shares Outstanding (Basic)	78	79	79	81	83	84
Shares Outstanding (Diluted)	79	79	80	81	83	85
Shares Change (YoY)	-1.34%	-1.11%	-1.69%	-2.71%	-1.23%	-1.19%
EPS (Basic)	14.58	14.09	14.45	10.78	8.80	7.19
EPS (Diluted)	14.54	14.05	14.39	10.72	8.70	7.12
EPS Growth	-0.72%	-2.36%	34.23%	23.22%	22.19%	8.04%
Free Cash Flow	1,462	1,468	1,213	1,082	916.05	789.28
Free Cash Flow Per Share	18.62	18.59	15.20	13.32	10.97	9.34
Dividend Per Share	6.600	6.400	5.520	4.580	3.640	2.920
Dividend Growth	14.98%	15.94%	20.52%	25.82%	24.66%	15.87%
Gross Margin	82.11%	81.99%	82.34%	82.02%	82.45%	82.79%
Operating Margin	53.74%	53.72%	54.82%	53.84%	53.91%	52.10%
Profit Margin	39.07%	38.83%	45.42%	38.72%	35.53%	35.50%
Free Cash Flow Margin	50.04%	51.39%	47.98%	48.11%	44.83%	46.55%
EBITDA	1,692	1,654	1,480	1,301	1,173	947.2
EBITDA Margin	57.89%	57.92%	58.51%	57.86%	57.39%	55.87%
D&A For EBITDA	121.23	120.02	93.31	90.26	71.14	63.85
EBIT	1,570	1,534	1,386	1,211	1,102	883.35
EBIT Margin	53.74%	53.72%	54.82%	53.84%	53.91%	52.10%
Effective Tax Rate	17.94%	18.22%	16.10%	16.60%	15.40%	12.30%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.