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MSCI MSCI · USD

Financials · Capital Markets · US listing · 🇺🇸 United States

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646.45

+0.85%

Close of 9 Nov 2026, in USD

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About MSCI

From its filings with the US Securities and Exchange Commission

SEC filings

MSCI is based in New York, New York and is incorporated in Delaware. Its shares trade on NYSE under the ticker MSCI. It is a member of the S&P 500. The SEC classifies its business as business services, nec. In the fiscal year to 31 December 2025, it reported revenue of $3.13bn and net income of $1.20bn. At that date it held total assets of $5.70bn and shareholders' equity of −$2.65bn. By business, Recurring subscriptions brought in 72.7% of revenue, followed by Asset-based fees at 24.6% and Non-recurring at 2.7%.

In its own words

Our client-centric focus and deep understanding of client needs, challenges and goals help us anticipate and respond to industry trends. We consider the distinct needs of different client types when developing our tools and solutions. We operate an integrated business across all functions, products and solutions, and we are dedicated to delivering service excellence, innovative research and content, and flexible, cutting-edge technology.

As of December 31, 2025, we served approximately 6,800 clients1 in more than 100 countries. For the year ended December 31, 2025, our largest client organization by revenue, BlackRock, accounted for 10.8% of our consolidated operating revenues, with 96.5% of the operating revenues from BlackRock coming from fees based on the assets in BlackRock’s ETFs and non-ETF products that are based on our indexes.

1 Reflects the aggregation of all related client entities under their respective parent client entity. At acquisition, we align an acquired company’s client count to our methodology.

We have an attractive financial model due to our recurring revenue and strong cash generation. Clients purchase our products and services primarily through recurring fixed and variable fee arrangements, which historically have contributed to stable revenue and greater cash flow predictability, although variable fees may fluctuate with market levels and client activity. Our disciplined capital allocation policy provides us with flexibility to balance investment in our business, acquisitions and shareholder returns through dividends and share repurchases.

Quoted from its 10-K, filed 6 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Capital Markets
Listed since
15 Nov 2007
Employees
6,268
Website
msci.com ↗
Head office
7 WORLD TRADE CENTER, NEW YORK, NY, 10007
Incorporated in
DE
Classification
Services-Business Services, NEC
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Henry FernandezChairman of the Board, Chief Executive Officer, since 1998$15.7m
  • Mr. Carroll PettitPresident, Chief Operating Officer, Director, since 2001$9.0m
  • Mr. Andrew WiechmannChief Financial Officer$4.0m
  • Mr. Scott CrumChief Human Resources Officer$3.4m
  • Mr. Robert GutowskiGeneral Counsel, Head of Corporate Affairs$2.7m
  • Mr. Robert AsheLead Independent Director$373,295
  • Ms. Robin MatlockIndependent Director$326,724
  • Mr. Jacques PeroldIndependent Director$337,379
  • Mr. Sandy RattrayIndependent Director$337,379
  • Ms. Linda RieflerIndependent Director$344,300
  • Ms. Michelle SeitzIndependent Director$229,011
  • Mr. Marcus SmithIndependent Director$342,276

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
79
Environment
91
Social
90
Governance
56
Direct emissions (scope 1)
136 t
Energy emissions (scope 2)
7,048 t
Value chain emissions (scope 3)
58,621 t
Women in the workforce
34%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established and globally recognized brand in the financial services industry.
  • Diverse and comprehensive product portfolio catering to a wide range of clients.
  • Strong financial performance with consistent revenue growth over the years.
  • Robust technology infrastructure enabling efficient data management and analysis.

Weaknesses

  • Dependency on key clients, making the company vulnerable to their actions and decisions.
  • Limited market presence in certain regions, potentially missing out on growth opportunities.
  • Reliance on external data sources, which could pose risks related to data quality and accuracy.
  • High competition in the financial services sector, requiring continuous innovation and differentiation.

Opportunities

  • Increasing demand for ESG (environmental, social, and governance) data and analytics.
  • Expansion into emerging markets with growing financial industries, such as Asia and Latin America.
  • Potential partnerships or acquisitions to enhance product offerings and market reach.
  • Digital transformation of the financial industry, opening up new growth avenues.

Threats

  • Regulatory changes and compliance requirements impacting the company's operations.
  • Economic downturns or market volatility affecting client spending on financial services.
  • Emergence of new competitors or disruptive technologies challenging MSCI's market position.
  • Data breaches or cyberattacks posing risks to the security and confidentiality of client information.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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