MSCI Q4 2021 Earnings Report
Key Takeaways
MSCI Inc. reported strong financial results for the fourth quarter of 2021, with operating revenues up 23.9% to $549.8 million and a diluted EPS of $2.32, a 24.1% increase. The company's success was attributed to key strategic investments, client focus, and high demand for its solutions, particularly in the Index business, which saw its 32nd consecutive quarter of double-digit subscription growth. MSCI is focused on investing in growth opportunities such as ESG and Climate.
Operating revenues increased by 23.9% to $549.8 million, with organic operating revenue growth of 19.8%.
Diluted EPS rose by 24.1% to $2.32, and adjusted EPS increased by 28.1% to $2.51.
Recurring subscription revenues were up by 19.3%, and asset-based fees increased by 34.4%.
The retention rate was strong at 94.4%.
MSCI
MSCI
MSCI Revenue by Segment
Forward Guidance
MSCI provided guidance for the full year 2022, based on macroeconomic and capital market assumptions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income