MSCI MSCI Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Operating revenues by Business | |||||
| All Other - Private Assets | $279.36M+8.2% | $258.29M+48.8% | $173.58M+23.1% | $140.97M+73.4% | |
| Analytics | $714.41M+5.8% | $675.09M+9.6% | $615.96M+6.9% | $576.11M+5.8% | |
| Index | $1.79B+11.9% | $1.6B+9.9% | $1.45B+11.4% | $1.3B+4.1% | |
| Sustainability and Climate | $353.9M+8.4% | $326.6M+13.6% | $287.57M— | —— | |
| Adjusted EBITDA by Business | |||||
| All Other - Private Assets | $69.42M+13.0% | $61.43M+24.3% | $49.43M+40.1% | $35.28M+108% | |
| Analytics | $342.5M+4.3% | $328.3M+19.4% | $274.88M+10.9% | $247.9M+24.7% | |
| Index | $1.37B+11.8% | $1.22B+10.4% | $1.11B+12.3% | $985.41M+3.6% | |
| Adjusted EBITDA expenses by Business | |||||
| Analytics | $371.91M+7.2% | $346.79M+1.7% | $341.08M+3.9% | $328.21M— | |
| Index | $420.73M+12.5% | $374.09M+8.5% | $344.84M+8.5% | $317.8M— | |
| Acquisitions by Business | |||||
| All Other - Private Assets | $0— | —— | $618.42M+114,410% | -$541K-100% | |
| Analytics | $0— | —— | $0— | —— | |
| Index | $0-100% | $23.95M— | $0— | —— | |
| Sustainability and Climate | $0+100% | -$365K— | —— | —— | |
| Goodwill by Business | |||||
| All Other - Private Assets | $5.24B+0.1% | $5.23B+54.9% | $3.38B+22.4% | $2.76B+94.1% | |
| Analytics | $1.19B+0.2% | $1.18B+1.8% | $1.16B0.0% | $1.16B0.0% | |
| Index | $4.92B+1.0% | $4.88B+1.4% | $4.81B+0.1% | $4.81B-0.3% | |
| Sustainability and Climate | $344.53M— | —— | —— | —— | |
| Foreign exchange translation adjustment by Business | |||||
| Analytics | $0— | $0— | $0— | —— | |
| Operating revenues by Product | |||||
| Asset-based fees | $770.66M+17.2% | $657.5M+17.9% | $557.5M+5.6% | $528.13M-4.7% | |
| Non-recurring | $85.12M+1.1% | $84.18M-15.9% | $100.13M+64.3% | $60.95M-4.0% | |
| Recurring subscriptions | $2.28B+7.8% | $2.11B+13.0% | $1.87B+12.8% | $1.66B+16.4% | |
| Operating revenues by Geography | |||||
| Japan | $127.61M+11.8% | $114.16M+13.2% | $100.82M+10.5% | $91.26M-0.2% | |
| Other | $140.68M+9.1% | $128.95M+15.2% | $111.97M+16.6% | $96.02M+12.0% | |
| United Kingdom | $543.47M+13.3% | $479.68M+17.5% | $408.09M+16.2% | $351.23M+1.8% | |
| United States | $1.27B+8.4% | $1.17B+12.0% | $1.04B+11.7% | $934.46M+11.7% | |
| Revenue by Geography | |||||
| Other | $356.75M+7.4% | $332.22M+12.6% | $295M+11.9% | $263.61M+14.5% | |
| Other | $698.5M+10.5% | $632.13M+11.1% | $569.03M+11.1% | $512.02M+12.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MSCI break its business down?
- MSCI (MSCI) reports operating revenues by business across 4 parts — All Other - Private Assets, Analytics, Index and Sustainability and Climate. Each is extracted from the segment footnotes and tracked over time.
- Where does MSCI's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MSCI's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
