MSCI Inc.'s Stock Analysis

MSCI Annual Meeting Voting Results and Shareholder Proposals

MSCI Inc. held its annual meeting of stockholders on April 21, 2026, with 73,120,206 shares of common stock eligible to vote. Each share was entitled to one vote, and the results indicated that all directors were elected with a majority of votes cast in their favor.

Additionally, Proposal 2 and Proposal 3 were approved and ratified, respectively, during the meeting. These outcomes may have implications for the company's governance and operational direction.

Apr 23, 2026 06:37:39

MSCI Reports Strong First Quarter 2026 Financial Results

MSCI Inc. reported operating revenues of $850.8 million for the first quarter of 2026, marking a 14.1% increase compared to the same period in 2025. The growth was driven by an 8.6% rise in recurring subscription revenues and a significant 26.6% increase in asset-based fees. The company achieved a diluted earnings per share of $5.53, up 49.1%, and an adjusted EBITDA margin of 59.3%. Additionally, the organic recurring subscription run rate grew by 8.2%, with a retention rate of 95.4%.

The company's total cash and cash equivalents stood at $385.3 million as of March 31, 2026, with total outstanding debt of $6.5 billion. MSCI repurchased approximately $464 million worth of shares and paid out $150 million in dividends during the quarter. The board also declared a cash dividend of $2.05 per share for the second quarter of 2026, payable in May. The company continues to maintain a solid financial position with a total debt to adjusted EBITDA ratio of 3.2, within its target range.

Apr 21, 2026 06:49:03

MSCI Global Controller to Resign, Successor Search Underway

C. Jack Read has announced his resignation as Global Controller and Chief Accounting Officer of MSCI Inc., effective August 9, 2026. He will remain in his current role until that date and has stated that his departure is not due to any disagreements regarding the company's financial practices or operations.

The company is actively seeking a successor to fill the position of Global Controller and Chief Accounting Officer. This leadership change may impact the company's financial reporting and governance structure as it transitions to new leadership in this key role.

Mar 31, 2026 16:14:09

MSCI Extends ETF Licensing Agreement with BlackRock to 2035

MSCI Inc. and its subsidiary MSCI Limited have amended their Master Index License Agreement with BlackRock Fund Advisors, extending the agreement's term until March 31, 2035. This amendment allows BlackRock to continue using certain MSCI equity indexes for exchange-traded funds, with provisions for auto-renewal every three years unless terminated by either party.

Starting January 1, 2026, the amendment introduces a revised fee structure for licensing based on the assets under management and expense ratios of the funds. Additionally, as of December 31, 2024, BlackRock disclosed it holds 7.3% of MSCI's common stock, indicating a significant investment stake in the company.

Jan 28, 2026 16:32:25

MSCI Reports Fourth Quarter and Full Year 2025 Results

MSCI Inc. reported operating revenues of $822.5 million for the fourth quarter of 2025, reflecting a 10.6% increase compared to the same period in the previous year. The growth was driven by a 7.5% rise in recurring subscription revenues and a 20.7% increase in asset-based fees. The company's operating margin improved to 56.4%, while diluted earnings per share (EPS) decreased by 2.3% to $3.81, with adjusted EPS rising by 11.5% to $4.66. The retention rate for recurring subscriptions was 93.4%, and total share repurchases amounted to approximately $2.47 billion through January 27, 2026.

For the full year 2025, MSCI's total cash and cash equivalents stood at $515.3 million, with outstanding debt of $6.2 billion. The company paid $134.7 million in dividends during the fourth quarter and declared a cash dividend of $2.05 per share for the first quarter of 2026, marking a 13.9% increase. The total debt to adjusted EBITDA ratio was 3.3x, within the company's target range. MSCI's financial results indicate a solid performance across its segments, particularly in Index and Analytics, contributing to a total Run Rate of $3.3 billion as of December 31, 2025.

Jan 28, 2026 06:46:31

MSCI Announces Executive Retirement and Leadership Changes

C.D. Baer Pettit, President and Chief Operating Officer of MSCI, will retire on March 1, 2026, after over 25 years with the company. He will continue to serve as an advisor during a transition period following his retirement. Henry A. Fernandez, the current Chief Executive Officer, will take over the role of President without any changes to his compensation. Additionally, the Board of Directors will reduce its size from twelve to eleven members effective March 1, 2026.

The company has made several senior leadership appointments to support growth and innovation. Alvise Munari will take on additional responsibilities as Head of Client Segments, while Jorge Mina will serve as Chief Operating Officer alongside his current role as Head of Analytics. These changes are expected to enhance MSCI’s operational efficiency and product offerings to better serve new client segments.

Nov 17, 2025 07:02:05

MSCI Updates Interest Expense Guidance Following Notes Offering

MSCI Inc. has revised its outlook for interest expense for the full year 2025, now estimating it to be between $210 million and $213 million, an increase from the previous guidance of $205 million to $209 million. This adjustment is attributed to the recent issuance of senior unsecured notes and changes in expected average debt balances and effective interest rates. The company noted that fluctuations in variable-rate debt and market conditions could further impact interest expenses.

On November 6, 2025, MSCI completed a public offering of $500 million in senior unsecured notes with a 5.150% interest rate, due in 2036. The offering was conducted under an underwriting agreement and the notes were registered with the SEC. The legal opinion regarding the notes' legality has also been filed. The company has not updated any other guidance elements at this time.

Nov 06, 2025 16:11:02

MSCI Reports Q3 2025 Financial Results and Share Repurchase Plan

MSCI Inc. reported operating revenues of $793.4 million for the third quarter of 2025, marking a 9.5% increase from the previous year. Key drivers included a 7.9% rise in recurring subscription revenues and a 17.1% increase in asset-based fees. The company achieved a diluted EPS of $4.25, up 19.0%, and an operating margin of 56.4%. MSCI's retention rate improved to 94.7%, and total cash and cash equivalents stood at $400.1 million as of September 30, 2025.

Additionally, MSCI's Board of Directors authorized a new share repurchase program, allowing for the repurchase of up to $3.0 billion of common stock. During the third quarter, the company repurchased approximately 2.2 million shares for $1.2 billion. The company also declared a cash dividend of $1.80 per share for the fourth quarter of 2025, with a total of $137.4 million paid in dividends during the third quarter. MSCI's total debt as of September 30, 2025, was $5.6 billion, with a debt to adjusted EBITDA ratio of 3.0x.

Oct 28, 2025 06:46:17

MSCI Updates Interest Expense Guidance for 2025

MSCI Inc. announced that its Chief Financial Officer, Andrew Wiechmann, will speak at the Barclays Global Financial Services Conference on September 8, 2025. The company has updated its outlook for full-year 2025 interest expense to approximately $205 to $209 million, an increase from the previous guidance of $182 to $186 million. This adjustment is primarily due to the issuance of $1.25 billion in senior notes in August 2025 and the repayment of borrowings from its revolving credit facility, resulting in a higher expected debt balance.

For the quarter ending September 30, 2025, MSCI anticipates interest expense to be around $54 to $55 million. The company has not made any changes to other components of its previously issued guidance for 2025. The interest expense is influenced by variable-rate debt under its credit facility and fixed-rate senior unsecured notes, with potential variations due to changes in interest rates and debt levels.

Sep 08, 2025 08:00:14

MSCI Increases Credit Facility to $1.60 Billion

MSCI Inc. has entered into a Third Amended and Restated Credit Agreement, which increases its revolving credit commitments from $1.25 billion to $1.60 billion and extends the availability period to August 20, 2030. The company has fully repaid all outstanding borrowings under the previous credit agreement prior to this new facility becoming effective. The new agreement maintains similar pricing and leverage ratios as the previous one, with some modifications regarding the consolidated interest coverage covenant and the elimination of a specific interest rate adjustment.

The obligations under the Credit Agreement are unsecured senior obligations of MSCI and are not guaranteed by any subsidiaries. The proceeds from the revolving loans will be used for general corporate purposes, including working capital and permitted acquisitions. The agreement includes customary covenants and events of default, limiting the ability of the company and its subsidiaries to incur additional debt or create liens on assets.

Aug 20, 2025 16:19:34