
MSCI Inc
NYSE:MSCI

Income Statement
Earnings Waterfall
MSCI Inc
Revenue
|
2.9B
USD
|
Cost of Revenue
|
-514.4m
USD
|
Gross Profit
|
2.3B
USD
|
Operating Expenses
|
-813.2m
USD
|
Operating Income
|
1.5B
USD
|
Other Expenses
|
-419.4m
USD
|
Net Income
|
1.1B
USD
|
Income Statement
MSCI Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
997
N/A
|
1 020
+2%
|
1 036
+2%
|
1 053
+2%
|
1 075
+2%
|
1 091
+1%
|
1 111
+2%
|
1 131
+2%
|
1 151
+2%
|
1 173
+2%
|
1 199
+2%
|
1 232
+3%
|
1 274
+3%
|
1 324
+4%
|
1 371
+4%
|
1 407
+3%
|
1 434
+2%
|
1 454
+1%
|
1 477
+2%
|
1 513
+2%
|
1 558
+3%
|
1 603
+3%
|
1 627
+1%
|
1 658
+2%
|
1 695
+2%
|
1 757
+4%
|
1 846
+5%
|
1 937
+5%
|
2 044
+5%
|
2 125
+4%
|
2 179
+3%
|
2 222
+2%
|
2 249
+1%
|
2 281
+1%
|
2 350
+3%
|
2 415
+3%
|
2 529
+5%
|
2 617
+3%
|
2 703
+3%
|
2 803
+4%
|
2 856
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(309)
|
(316)
|
(294)
|
(280)
|
(268)
|
(248)
|
(256)
|
(253)
|
(252)
|
(256)
|
(263)
|
(268)
|
(274)
|
(277)
|
(280)
|
(283)
|
(287)
|
(298)
|
(299)
|
(299)
|
(295)
|
(287)
|
(286)
|
(286)
|
(292)
|
(303)
|
(320)
|
(339)
|
(359)
|
(376)
|
(389)
|
(398)
|
(404)
|
(410)
|
(420)
|
(426)
|
(447)
|
(466)
|
(484)
|
(505)
|
(514)
|
|
Gross Profit |
688
N/A
|
704
+2%
|
743
+5%
|
773
+4%
|
807
+4%
|
843
+4%
|
856
+1%
|
878
+3%
|
899
+2%
|
917
+2%
|
936
+2%
|
964
+3%
|
1 001
+4%
|
1 047
+5%
|
1 091
+4%
|
1 124
+3%
|
1 147
+2%
|
1 156
+1%
|
1 178
+2%
|
1 214
+3%
|
1 263
+4%
|
1 316
+4%
|
1 342
+2%
|
1 373
+2%
|
1 404
+2%
|
1 454
+4%
|
1 526
+5%
|
1 599
+5%
|
1 685
+5%
|
1 749
+4%
|
1 790
+2%
|
1 824
+2%
|
1 844
+1%
|
1 871
+1%
|
1 931
+3%
|
1 989
+3%
|
2 082
+5%
|
2 150
+3%
|
2 219
+3%
|
2 297
+4%
|
2 342
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(351)
|
(357)
|
(386)
|
(391)
|
(403)
|
(415)
|
(400)
|
(408)
|
(411)
|
(411)
|
(410)
|
(413)
|
(421)
|
(431)
|
(447)
|
(453)
|
(460)
|
(473)
|
(476)
|
(488)
|
(507)
|
(515)
|
(518)
|
(522)
|
(519)
|
(558)
|
(552)
|
(572)
|
(612)
|
(679)
|
(655)
|
(623)
|
(637)
|
(637)
|
(652)
|
(666)
|
(698)
|
(741)
|
(773)
|
(803)
|
(813)
|
|
Selling, General & Administrative |
(279)
|
(284)
|
(266)
|
(254)
|
(248)
|
(240)
|
(250)
|
(254)
|
(254)
|
(254)
|
(254)
|
(257)
|
(265)
|
(274)
|
(282)
|
(286)
|
(293)
|
(304)
|
(310)
|
(318)
|
(329)
|
(332)
|
(334)
|
(336)
|
(331)
|
(336)
|
(344)
|
(362)
|
(391)
|
(412)
|
(421)
|
(419)
|
(411)
|
(407)
|
(413)
|
(420)
|
(430)
|
(451)
|
(459)
|
(468)
|
(474)
|
|
Research & Development |
0
|
0
|
0
|
(16)
|
(77)
|
(52)
|
(71)
|
(74)
|
(75)
|
(75)
|
(75)
|
(74)
|
(76)
|
(78)
|
(79)
|
(82)
|
(81)
|
(84)
|
(88)
|
(92)
|
(98)
|
(102)
|
(101)
|
(101)
|
(101)
|
(99)
|
(104)
|
(108)
|
(112)
|
(115)
|
(111)
|
(109)
|
(107)
|
(110)
|
(116)
|
(122)
|
(132)
|
(141)
|
(152)
|
(159)
|
(159)
|
|
Depreciation & Amortization |
(72)
|
(73)
|
(76)
|
(78)
|
(78)
|
(79)
|
(80)
|
(80)
|
(81)
|
(81)
|
(81)
|
(81)
|
(80)
|
(79)
|
(86)
|
(85)
|
(86)
|
(86)
|
(78)
|
(79)
|
(79)
|
(81)
|
(83)
|
(85)
|
(87)
|
(88)
|
(104)
|
(103)
|
(110)
|
(116)
|
(107)
|
(117)
|
(118)
|
(120)
|
(122)
|
(124)
|
(135)
|
(148)
|
(162)
|
(176)
|
(181)
|
|
Other Operating Expenses |
0
|
0
|
(44)
|
(44)
|
0
|
(44)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(37)
|
(16)
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
337
N/A
|
346
+3%
|
356
+3%
|
381
+7%
|
404
+6%
|
428
+6%
|
455
+6%
|
470
+3%
|
488
+4%
|
506
+4%
|
526
+4%
|
552
+5%
|
580
+5%
|
616
+6%
|
644
+4%
|
671
+4%
|
687
+2%
|
682
-1%
|
701
+3%
|
726
+4%
|
756
+4%
|
801
+6%
|
824
+3%
|
850
+3%
|
885
+4%
|
896
+1%
|
974
+9%
|
1 026
+5%
|
1 073
+5%
|
1 070
0%
|
1 135
+6%
|
1 201
+6%
|
1 208
+1%
|
1 233
+2%
|
1 279
+4%
|
1 323
+3%
|
1 385
+5%
|
1 409
+2%
|
1 446
+3%
|
1 494
+3%
|
1 529
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(32)
|
(39)
|
(43)
|
(54)
|
(61)
|
(71)
|
(83)
|
(92)
|
(97)
|
(104)
|
(110)
|
(111)
|
(110)
|
(109)
|
(108)
|
(111)
|
(113)
|
(119)
|
(124)
|
(126)
|
(132)
|
(137)
|
(144)
|
(149)
|
(151)
|
(152)
|
(151)
|
(155)
|
(158)
|
(161)
|
(162)
|
(161)
|
(160)
|
(155)
|
(151)
|
(148)
|
(9)
|
(14)
|
(18)
|
(23)
|
(164)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(45)
|
(45)
|
(45)
|
0
|
(22)
|
(59)
|
(37)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
3
|
5
|
2
|
8
|
7
|
5
|
3
|
(4)
|
(5)
|
(5)
|
(3)
|
(4)
|
(3)
|
(3)
|
8
|
9
|
56
|
55
|
44
|
44
|
(21)
|
(17)
|
(17)
|
(18)
|
(2)
|
(5)
|
(5)
|
(4)
|
(19)
|
(18)
|
(17)
|
(17)
|
(4)
|
(7)
|
(9)
|
(8)
|
(6)
|
(7)
|
(6)
|
(10)
|
(8)
|
|
Pre-Tax Income |
308
N/A
|
313
+1%
|
316
+1%
|
335
+6%
|
350
+4%
|
363
+4%
|
376
+4%
|
374
0%
|
386
+3%
|
397
+3%
|
414
+4%
|
437
+6%
|
467
+7%
|
505
+8%
|
544
+8%
|
570
+5%
|
630
+11%
|
619
-2%
|
622
+1%
|
644
+4%
|
603
-6%
|
638
+6%
|
617
-3%
|
638
+3%
|
686
+8%
|
739
+8%
|
796
+8%
|
808
+1%
|
858
+6%
|
891
+4%
|
955
+7%
|
1 024
+7%
|
1 044
+2%
|
1 071
+3%
|
1 119
+4%
|
1 167
+4%
|
1 369
+17%
|
1 389
+1%
|
1 421
+2%
|
1 461
+3%
|
1 356
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(110)
|
(111)
|
(115)
|
(122)
|
(120)
|
(122)
|
(124)
|
(122)
|
(125)
|
(123)
|
(126)
|
(129)
|
(128)
|
(126)
|
(129)
|
(116)
|
(133)
|
(57)
|
(52)
|
(61)
|
(40)
|
(105)
|
(95)
|
(76)
|
(91)
|
(94)
|
(101)
|
(119)
|
(132)
|
(134)
|
(153)
|
(174)
|
(173)
|
(190)
|
(201)
|
(207)
|
(220)
|
(223)
|
(236)
|
(254)
|
(247)
|
|
Income from Continuing Operations |
199
|
201
|
201
|
213
|
230
|
241
|
252
|
253
|
261
|
274
|
288
|
308
|
339
|
379
|
415
|
453
|
497
|
561
|
570
|
583
|
564
|
533
|
522
|
562
|
596
|
645
|
695
|
688
|
726
|
758
|
803
|
850
|
871
|
881
|
917
|
960
|
1 149
|
1 166
|
1 186
|
1 207
|
1 109
|
|
Net Income (Common) |
284
N/A
|
247
-13%
|
196
-21%
|
209
+7%
|
224
+7%
|
240
+7%
|
251
+5%
|
252
+0%
|
261
+3%
|
274
+5%
|
288
+5%
|
308
+7%
|
304
-1%
|
346
+14%
|
382
+10%
|
420
+10%
|
508
+21%
|
571
+12%
|
580
+2%
|
593
+2%
|
564
-5%
|
534
-5%
|
523
-2%
|
568
+9%
|
602
+6%
|
651
+8%
|
701
+8%
|
688
-2%
|
726
+5%
|
758
+4%
|
803
+6%
|
850
+6%
|
871
+2%
|
881
+1%
|
917
+4%
|
960
+5%
|
1 149
+20%
|
1 166
+2%
|
1 186
+2%
|
1 207
+2%
|
1 109
-8%
|
|
EPS (Diluted) |
2.5
N/A
|
2.17
-13%
|
1.78
-18%
|
1.9
+7%
|
2.03
+7%
|
2.4
+18%
|
2.59
+8%
|
2.63
+2%
|
2.7
+3%
|
2.98
+10%
|
3.13
+5%
|
3.35
+7%
|
3.3
-1%
|
3.73
+13%
|
4.16
+12%
|
4.59
+10%
|
5.66
+23%
|
6.66
+18%
|
6.78
+2%
|
6.92
+2%
|
6.59
-5%
|
6.23
-5%
|
6.2
0%
|
6.72
+8%
|
7.12
+6%
|
7.79
+9%
|
8.41
+8%
|
8.25
-2%
|
8.7
+5%
|
9.2
+6%
|
9.87
+7%
|
10.5
+6%
|
10.72
+2%
|
10.94
+2%
|
11.47
+5%
|
12.07
+5%
|
14.39
+19%
|
14.65
+2%
|
14.96
+2%
|
15.33
+2%
|
14.05
-8%
|