Non-Current Liabilities

Underfunded Retirement Plans

MSCI Underfunded Retirement Plans increased by 7.5% to $40.10M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $37.30M to $40.10M. Over 4 years (FY 2021 to FY 2025), Underfunded Retirement Plans shows an upward trend with a 3.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2025

How to read this metric

A decrease is favorable as it reduces long-term balance sheet liabilities and future funding requirements.

Detailed definition

This represents the shortfall between the projected benefit obligations of a company's pension or postretirement plans a...

Peer comparison

Varies significantly based on industry maturity and the age of the workforce.

Metric ID: underfunded_retirement_plans

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$34.50M$20.10M$31.90M$37.30M$40.10M
QoQ Change-41.7%+58.7%+16.9%+7.5%
YoY Change-41.7%+58.7%+16.9%+7.5%
Range$20.10M$40.10M
CAGR+16.2%
Avg YoY Growth+10.4%
Median YoY Growth+12.2%
Current Streak3 quarters growth

Frequently Asked Questions

What is MSCI's underfunded retirement plans?
MSCI (MSCI) reported underfunded retirement plans of $40.10M in Q4 2025.
How has MSCI's underfunded retirement plans changed year-over-year?
MSCI's underfunded retirement plans increased by 7.5% year-over-year, from $37.30M to $40.10M.
What is the long-term trend for MSCI's underfunded retirement plans?
Over 4 years (2021 to 2025), MSCI's underfunded retirement plans has grown at a 3.8% compound annual growth rate (CAGR), from $34.50M to $40.10M.
What does underfunded retirement plans mean?
The amount by which a company's pension obligations exceed the assets held to pay for them.