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MSCI MSCI Federal and state intangible assets

Federal and state intangible assets at other companies

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Silvercrest Asset Management GroupSAMG

Other financials

Income statement

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Revenue$850.8M+14.1%
Gross profit$709.0M+16.4%
Operating income$456.9M+21.2%
Net income$406.0M+40.7%
EPS (diluted)$5.53+49.1%

Balance sheet

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Cash & equivalents$385.3M+6.8%
Total debt$6.6B+40.1%
Total equity-$2.8B-189%
Total assets$5.5B+3.8%

Cash flow

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Operating cash flow$306.8M+1.7%
CapEx$2.8M-75.9%
Free cash flow$304.0M+4.8%

Valuation

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Market cap$40.77B+0.3%
Enterprise value$46.96B+4.2%
P/E30.9×-3.6×
P/S12.6×-1.0×

Profitability

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Gross margin82.9%+0.7pp
Operating margin55.4%+1.8pp
Net margin40.7%+1.7pp
FCF margin48.3%-1.8pp

Returns & leverage

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Return on equity113.8%
Debt / equity6.8×
Current ratio0.9×0.0×

Where this comes from

Reported directly by MSCI in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets.

The official record: MSCI’s 10-K, filed February 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MSCI's federal and state intangible assets?
MSCI (MSCI) reported federal and state intangible assets of $116.16M in Q4 2025.
How has MSCI's federal and state intangible assets changed year-over-year?
MSCI's federal and state intangible assets increased by 0.2% year-over-year, from $115.88M to $116.16M.
What is the long-term trend for MSCI's federal and state intangible assets?
Over 5 years (2020 to 2025), MSCI's federal and state intangible assets has grown at a 17.5% compound annual growth rate (CAGR), from $51.86M to $116.16M.
What does federal and state intangible assets mean?
This represents the deferred tax liability created by the difference between the book value and tax basis of intangible assets and goodwill. It often arises from acquisitions where the purchase price allocation for tax purposes differs from financial reporting. It reflects future tax payments that will be triggered as these assets are amortized or impaired.