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Sep 30, 2023
MSCI Q3 2023 Earnings Report
MSCI delivered strong Q3 2023 results with revenue growth and adjusted EPS growth, driven by recurring subscriptions and asset-based fees.
Key Takeaways
MSCI reported an 11.6% increase in operating revenues, reaching $625.4 million, and a 21.1% increase in Adjusted EPS, reaching $3.45. The company's growth was fueled by strong performance in recurring subscriptions and asset-based fees. MSCI's Index segment and Climate segment showed double-digit subscription Run Rate growth.
Operating revenues increased by 11.6% to $625.4 million, with organic operating revenue growth of 10.9%.
Adjusted EPS grew by 21.1% to $3.45, while diluted EPS increased by 22.0% to $3.27.
Recurring subscription revenues were up 10.7%, and asset-based fees increased by 12.3%.
Retention Rate was strong at 95.4%.
Revenue by Segment
Forward Guidance
MSCI's full-year 2023 guidance is based on assumptions about macroeconomic factors and capital markets, which are subject to uncertainty.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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