MSCI

MSCINYSE · Financial Exchanges & Data · Financials

Previous close

623.38

Change

+4.83 / +0.78%

FinDog View

Bullish

52-Week Range ?

501.08 – 644.77

P/E (TTM) ?

32.2

Forward P/E ?

25.3

Based on consensus earnings for the next 12 months

Market Cap

$44.6B

+15.73%

S&P 500 −0.91% over same period

Volume / Avg Volume

550K / 737K

0.75× average

Latest earnings analysisFY2026 Q3Reported 2026-10-20

MSCI Q3 FY2026: revenue up 12.4%, adjusted EPS just misses consensus

MSCI's Q3 FY2026 was a strong revenue quarter with a small earnings blemish: revenue rose 12.4% to $892.0 million, organic growth was 12.3%, and adjusted EPS of $5.11 came in just below the $5.1201 consensus. Read the quarter through the mix - recurring subscriptions and fast-growing asset-based fees - and through unchanged full-year cash-flow guidance, not the one-cent EPS miss.

Read the full analysis →

Revenue$0.89BYoY +12.40%

EPS (non-GAAP)$5.11In lineest. $5.12

Next-day move+2.16%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 32.71M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q3 Quarter ended 2026-09	2026-10-20	$892M	5.11 / 5.12	+2.16%	Read analysis →
FY2026 Q2 Quarter ended 2026-06	2026-07-21	$867M	4.94 / 5.04	+1.64%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-21	$851M	4.55 / 4.53	+1.78%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-01-28	$3.1B	4.66 / 4.66	−1.08%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-28	$793M	4.47 / 4.46	−4.42%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-22	$773M	4.17 / —	+0.83%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-22	$746M	4.00 / —	−0.94%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-01-26

in 86 days · After hours

Consensus EPS

$5.22

Last quarter EPS $5.11

Avg. next-day move over the last 7 reports

±1.8%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 8 of its 5-year rangeCheap

5-year range 31.1 – 45.0 · Median 37.6

Last 4 quarters: $2.0B in buybacks + $583M in dividends, 5.88% of market cap combined

P/E (TTM)

32.2

P/B

—

P/S

13.0

Dividend Yield

1.04%

Earnings Reaction

Over the last 7 reports, the stock moved ±1.8% on average on the first trading day after, rising 4 times

Most recent +2.16%

Volatility & Correlation

1-year beta 0.13 · Correlation with S&P 500 0.05Low beta

Annualized volatility 30% vs. 12% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 1 · $1.0MSell 2 · $1.7MNet selling $0.74M

10-22Gutowski Robert J.General CounselSell$1.5M2,381 shares · Avg price 623.66
10-12Wiechmann Andrew C.Chief Financial OfficerSell$0.26M450 shares · Avg price 570.00
09-02Taneja RajatDirectorBuy$1.0M1,786 shares · Avg price 560.00

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	0.89	+12.4%	—	0.50	0.35	0.42	4.86
FY2026 Q2	0.87	+12.2%	—	0.49	0.34	0.36	4.69
FY2026 Q1	0.85	+14.1%	—	0.46	0.41	0.30	5.53
FY2025 Q4	0.82	+10.6%	—	0.46	0.28	0.49	3.81
FY2025 Q3	0.79	+9.5%	—	0.45	0.33	0.45	4.25
FY2025 Q2	0.77	+9.1%	—	0.43	0.30	0.32	3.92
FY2025 Q1	0.75	+9.7%	—	0.38	0.29	0.29	3.71
FY2024 Q4	0.74	+7.7%	—	0.41	0.31	0.42	3.89
FY2024 Q3	0.72	+15.9%	—	0.40	0.28	0.41	3.57
FY2024 Q2	0.71	+14.0%	—	0.38	0.27	0.34	3.37
FY2024 Q1	0.68	+14.8%	—	0.34	0.26	0.30	3.22
FY2023 Q4	0.69	+19.8%	—	0.37	0.40	0.39	5.06

Peers

Largest by market cap in the sector · Latest quarterView Financials sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
MSCI	MSCI	$44.6B	32.2	+12.4%	—	+15.73%	Bullish
BRK.B	Berkshire Hathaway	$1.16T	13.5	+14.2%	—	+8.94%	Neutral	Compare
JPM	JPMorgan Chase	$899B	13.6	+27.7%	—	+1.88%	Bullish	Compare
V	Visa Inc.	$749B	33.8	+17.1%	—	+15.10%	Bullish	Compare
MA	Mastercard	$560B	34.4	+14.0%	—	+15.69%	Bullish	Compare
BAC	Bank of America	$347B	10.8	+3.2%	—	−8.12%	Bullish	Compare
MS	Morgan Stanley	$288B	14.2	+27.1%	—	−2.01%	Bullish	Compare
GS	Goldman Sachs	$258B	11.8	+39.5%	—	−0.65%	Bullish	Compare
WFC	Wells Fargo	$247B	11.0	+2.0%	—	+4.18%	Bullish	Compare

The View in One Line

Revenue $890M +12.4%, almost all organic, 56.3% operating margin, EPS 5.11 slightly missed; asset-based fees market-dependent and debt high, but core quality strong.

Updated 2026-10-30

View History

09-17Neutral → Bullish
Revenue +12.2% all organic, operating margin up to 56.2%, retention 95.3%, asset-based fees +26.6%; strong quality despite slight EPS miss.

Notable Institutional Holders

Viking Global Investors$650M
Citadel Advisors · Ken Griffin$258MReduced −39%
Bridgewater Associates · Ray Dalio$9.8M

As of 2026-06-30

ETFs holding it

XLF Financial Select Sector SPDR Fund0.57%
RSP Invesco S&P 500 Equal Weight ETF0.19%
VIG Vanguard Dividend Appreciation ETF0.19%
SCHG Schwab U.S. Large-Cap Growth ETF0.18%
VYM Vanguard High Dividend Yield ETF0.18%
VUG Vanguard Growth ETF0.14%
SPY SPDR S&P 500 ETF Trust0.07%
VOO Vanguard S&P 500 ETF0.07%

Weights estimated at latest prices

Key Events

08-07Management Change
MSCI Appoints Interim Chief Accounting Officer
Following the departure of its global controller, MSCI appointed CFO Andrew C. Wiechmann as interim chief accounting officer effective August 10, 2026, with Kristine Johnson serving as interim global controller.Source ↗
04-23Governance
MSCI Annual Shareholder Meeting Voting Results Announced
At the April 21, 2026 MSCI annual shareholder meeting, all 11 directors were elected, executive compensation was approved, and PricewaterhouseCoopers was reappointed as auditor for fiscal 2026.Source ↗
03-31Management Change
Global Controller and Chief Accounting Officer to Depart
C. Jack Read notified MSCI on March 27, 2026 of his resignation as Global Controller and Chief Accounting Officer, will remain until August 9, and the company has begun a search for a successor.Source ↗

Key Financial Trends

Quarterly Revenue ($B)0.9

Free Cash Flow ($B)0.4