← MSCI Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $260.9m | $304.0m | $507.9m | $563.6m | $601.8m | $726.0m | $870.6m | $1.1b | $1.1b | $1.2b | — | |
| Depreciation, Depletion and Amortization | $34.3m | $35.4m | $31.3m | $30.0m | $29.8m | $28.9m | $26.9m | $21.0m | $17.0m | $23.4m | $220.9m | |
| Amortization | $47.0m | $44.5m | $54.2m | $49.4m | $56.9m | $80.6m | $91.1m | $114.4m | $164.0m | $169.5m | $167.6m | |
| Amortization of Debt Issuance Costs | $3.1m | $3.4m | $3.7m | $4.1m | $4.4m | $4.9m | $5.1m | $5.1m | $5.1m | $5.9m | — | |
| Deferred Income Tax Expense (Benefit) | ($17.0m) | ($18.9m) | ($780k) | ($20.8m) | ($55.6m) | ($111.4m) | $36.4m | ($15.3m) | $15.9m | $46.7m | ($34.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $32.0m | $36.6m | $38.9m | $41.2m | $51.1m | $54.9m | $58.1m | $71.7m | $95.2m | $111.3m | $121.2m | |
| Share-based Payment Arrangement, Expense | $32.5m | $37.9m | $40.6m | $44.1m | $55.6m | $58.5m | $58.0m | $73.0m | $96.4m | $111.8m | $121.2m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $8.4m | $705k | $477k | $0 | $0 | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $449k | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | — | ($11.8m) | — | |
| Nonoperating Income (Expense) | ($102.2m) | ($112.3m) | ($57.0m) | ($152.4m) | ($198.5m) | ($214.6m) | ($163.8m) | ($15.5m) | ($172.3m) | ($219.3m) | — | |
| Other Nonoperating Income (Expense) | ($3.4m) | ($2.5m) | $56.4m | ($20.7m) | ($47.2m) | ($56.5m) | ($4.0m) | ($6.4m) | ($8.1m) | ($25.4m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $18.5m | $105.6m | $153.9m | $25.9m | $57.6m | $99.2m | $6.6m | $149.5m | ($10.2m) | $164.2m | ($101.1m) | |
| Increase (Decrease) in Accounts Payable | ($1.9m) | $1.0m | $2.3m | $2.6m | $7.5m | ($2.2m) | $1.3m | ($6.0m) | $5.0m | $559k | ($441k) | |
| Net Cash Provided by (Used in) Operating Activities | $434.7m |
$404.2m
-7.03%
|
$612.8m
+51.61%
|
$709.5m
+15.79%
|
$811.1m
+14.32%
|
$936.1m
+15.41%
|
$1.1b
+17.02%
|
$1.2b
+12.84%
|
$1.5b
+21.49%
|
$1.6b
+5.78%
|
$1.6b
+2.50%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $32.3m | $33.2m | $30.3m | $29.1m | $21.8m | $13.5m | $13.6m | $22.8m | $33.8m | $39.3m | ($135.7m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $60k | — | — | $18.2m | — | $949.0m | $0 | $727.3m | $27.5m | $0 | ($58.8m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | $1.1m | $6.4m | $1.2m | $1.7m | $203k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($42.0m) | ($48.0m) | $34.9m | ($71.9m) | ($241.8m) | ($1.0b) | ($79.3m) | ($819.4m) | ($144.3m) | ($130.1m) | ($194.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | $513.1m | $1.1b | $1.1b | $7.2m | — | — | — | ($1.3b) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($16.8m) | ($44.9m) | ($59.1m) | $0 | $0 | ($1.5m) | $0 | — | |
| Proceeds from Issuance of Long-term Debt | $500.0m | — | $500.0m | $1.0b | $1.4b | $1.8b | $355.0m | — | — | — | $3.2b | |
| Payments for Repurchase of Common Stock | $774.6m | $150.5m | $949.9m | $292.1m | $778.5m | $198.4m | $1.4b | $504.2m | $885.3m | $2.5b | — | |
| Payments of Ordinary Dividends, Common Stock | $96 | $120 | $171 | $223 | $246 | $302 | $373 | $441 | $509 | $557 | ($573.0m) | |
| Dividends Payable | $1 | $1 | $1 | $1 | $1 | $3 | $4 | $2 | $2 | — | — | |
| Payments of Dividends | $96 | $120 | $171 | — | — | — | — | — | — | — | ($573.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($365.3m) |
($267.5m)
+26.76%
|
($626.5m)
-134.16%
|
($36.7m)
+94.15%
|
($779.0m)
-2024.63%
|
$229.5m
+129.46%
|
($1.4b)
-721.07%
|
($953.9m)
+33.08%
|
($1.4b)
-47.00%
|
($1.4b)
+2.88%
|
($1.4b)
-4.49%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $14.7m | $602.4m | ($206.0m) | $120.9m | ($427.9m) | ($531.9m) | ($52.3m) | $106.0m | $357.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $993.6m | $461.7m | $409.4m | $515.3m | $357.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $89.1m | $112.5m | $126.0m | $141.5m | $163.4m | $151.3m | $165.1m | $182.3m | $180.0m | $173.3m | — | |
| Income Taxes Paid, Net | $97.8m | $128.7m | $143.2m | $72.9m | $113.6m | $222.6m | $180.7m | $240.5m | $201.0m | $222.3m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | — | — | $61.4m | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $87.2m | $87.9m | $99.9m | $110.1m | $114.6m | $147.9m | $146.9m | $154.0m | $182.3m | $180.2m | — | |
| Goodwill | $1.6b | $1.6b | $1.5b | $1.6b | $1.6b | $2.2b | $2.2b | $2.9b | $2.9b | $2.9b | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $260.9m | $304.0m | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $125.1m | $162.9m | $122.0m | $39.7m | $84.4m | $132.2m | $173.3m | $220.5m | $247.0m | $292.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $185.5m | $209.9m | — | |
| Investment Income, Interest | $2.9m | $6.3m | $19.7m | $16.4m | $5.0m | $1.5m | $11.8m | $34.5m | $21.3m | $16.0m | — | |
| Operating Lease, Expense | — | — | — | $35.6m | $32.8m | $30.6m | $29.7m | — | — | — | — | |
| Proceeds from Stock Options Exercised | $5.0m | $2.6m | $605k | $3.2m | — | — | — | — | — | $7.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.