•
Sep 30, 2024

MSCI Q3 2024 Earnings Report

MSCI's financial performance showed growth, driven by recurring subscription and asset-based fees.

Key Takeaways

MSCI reported a 15.9% increase in operating revenues, reaching $724.7 million, with organic operating revenue growth of 11.1%. Recurring subscription revenues increased by 15.4%, and asset-based fees rose by 19.5%. Diluted EPS was $3.57, up 9.2%, and adjusted EPS was $3.86, up 11.9%.

Operating revenues increased by 15.9% to $724.7 million, with organic operating revenue growth of 11.1%.

Recurring subscription revenues grew by 15.4%, while asset-based fees increased by 19.5%.

Diluted EPS rose by 9.2% to $3.57, and adjusted EPS increased by 11.9% to $3.86.

Total Run Rate at September 30, 2024 was $2,894.2 million, up 17.3%.

Total Revenue
$725M
Previous year: $625M
+15.9%
EPS
$3.86
Previous year: $3.45
+11.9%
Retention Rate
94.2%
Previous year: 95.4%
-1.3%
Gross Profit
$599M
Previous year: $520M
+15.1%
Cash and Equivalents
$501M
Previous year: $929M
-46.0%
Free Cash Flow
$415M
Previous year: $270M
+53.6%
Total Assets
$5.41B
Previous year: $4.87B
+11.2%

MSCI

MSCI

MSCI Revenue by Segment

Forward Guidance

MSCI's guidance for the year ending December 31, 2024 is based on assumptions about macroeconomic factors and the capital markets.

Revenue & Expenses

Visualization of income flow from segment revenue to net income