MSCI Inc. (MSCI)
NYSE: MSCI · Real-Time Price · USD
564.41
-4.83 (-0.85%)
At close: Mar 9, 2026, 4:00 PM EDT
564.41
0.00 (0.00%)
After-hours: Mar 9, 2026, 7:00 PM EDT

MSCI Inc. Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
1,2021,1091,149870.57725.98
Depreciation & Amortization
218.57206.28159.22142.5134.13
Stock-Based Compensation
111.3495.271.6558.0954.92
Other Adjustments
80.2516.77-144.3843.63-39.1
Change in Receivables
-164.2410.23-149.53-6.62-99.2
Changes in Accounts Payable
0.564.96-6.041.34-2.2
Changes in Accrued Expenses
82.2116.0326.75-11.7833.47
Changes in Income Taxes Payable
28.6116.1814.72-49.333.9
Changes in Unearned Revenue
96.4346.06171.9772.75116.86
Changes in Other Operating Activities
-67.59-20.72-55.41-25.82-22.69
Operating Cash Flow
1,5881,5021,2361,095936.07
Operating Cash Flow Growth
5.78%21.49%12.84%17.02%15.41%
Capital Expenditures
-39.32-33.76-22.76-13.62-13.51
Purchases of Intangible Assets
-90.54-81.36-68.09-59.28-39.29
Payments for Business Acquisitions
--27.47-727.34--955.5
Other Investing Activities
-0.2-1.67-1.19-6.44-27.42
Investing Cash Flow
-130.06-144.26-819.38-79.34-1,036
Long-Term Debt Issued
2,806556.88-3551,804
Long-Term Debt Repaid
-1,102-559.06-8.75-7.19-1,052
Net Long-Term Debt Issued (Repaid)
1,704-2.19-8.75347.81751.94
Issuance of Common Stock
6.98----
Repurchase of Common Stock
-2,484-885.27-504.19-1,398-198.37
Net Common Stock Issued (Repurchased)
-2,477-885.27-504.19-1,398-198.37
Common Dividends Paid
-556.52-509.11-440.99-372.92-302.45
Other Financing Activities
-32.23-5.75--2.77-21.61
Financing Cash Flow
-1,362-1,402-953.93-1,425229.51
Effect of Exchange Rate Changes on Cash and Cash Equivalents
9.59-7.415.41-18.54-8.93
Net Cash Flow
105.98-52.34-531.87-427.89120.93
Free Cash Flow
1,5491,4681,2131,082922.56
Free Cash Flow Growth
5.54%20.98%12.16%17.26%16.89%
FCF Margin
49.42%51.39%47.98%48.11%45.15%
Free Cash Flow Per Share
20.2118.5915.2013.3211.05
Levered Free Cash Flow
3,2261,3421,4281,3341,758
Unlevered Free Cash Flow
1,6981,4851,4501,1231,187
Updated Jan 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q