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Dec 31, 2022

MSCI Q4 2022 Earnings Report

MSCI delivered mixed results with revenue up but asset-based fees down.

Key Takeaways

MSCI Inc. reported Q4 2022 financial results, with operating revenues up 4.8% to $576.2 million. Diluted EPS increased by 15.1% to $2.67, and Adjusted EPS rose by 13.1% to $2.84. Recurring subscription revenues increased, but asset-based fees decreased.

Operating revenues increased by 4.8% to $576.2 million.

Recurring subscription revenues were up 13.1% while asset-based fees decreased by 16.2%.

Diluted EPS increased 15.1% to $2.67, and Adjusted EPS increased 13.1% to $2.84.

Retention Rate was 93.0%.

Total Revenue
$576M
Previous year: $550M
+4.8%
EPS
$2.84
Previous year: $2.51
+13.1%
Retention Rate
93%
Previous year: 94.4%
-1.5%
Gross Profit
$474M
Previous year: $454M
+4.4%
Cash and Equivalents
$994M
Previous year: $1.42B
-30.1%
Free Cash Flow
$310M
Previous year: $263M
+17.8%
Total Assets
$5.17B
Previous year: $665M
+677.9%

MSCI

MSCI

MSCI Revenue by Segment

Forward Guidance

MSCI's full-year 2023 guidance is subject to macroeconomic and capital market factors, including interest rates, inflation, and geopolitical events.

Revenue & Expenses

Visualization of income flow from segment revenue to net income