NYSE$MSCI

MSCI Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Reported financial results for the fourth quarter and full year 2024.

MSCI reported Q4 2024 operating revenues of $743.5 million, a 7.7% increase year-over-year. Diluted EPS was $3.90, down 23.1%, while adjusted EPS was $4.18, up 13.6%. The company's recurring subscription revenues increased by 7.5%, and asset-based fees rose by 20.8%.

  • Operating revenues increased by 7.7% to $743.5 million.
  • Recurring subscription revenues were up 7.5%, while asset-based fees increased by 20.8%.
  • Diluted EPS decreased by 23.1% to $3.90, but adjusted EPS increased by 13.6% to $4.18.
  • Total Run Rate at December 31, 2024, was $2,921.7 million, up 8.8%.

Headline financials

Total Revenue

$744M

Previous: $690M+7.7%
EPS (adj)

$4.18

Previous: $3.68+13.6%
Retention Rate

93.1%

Previous: 93.6%-0.5%
Capital Expenditures

-$36M

Previous: $3.82M-1042.5%
Net Income

$306M

Previous: $403M-24.3%
Operating Income

$405M

Previous: $371M+9.3%
Gross Profit

$612M

Previous: $568M+7.8%
R&D Expense

$38.5M

No prior period

Revenue & EPS history

MSCI · Revenue · Quarterly

$744M

Q4 2024+7.7%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

MSCI · $109M total across 2 segments · Q3 2023

  • Sustainability & Climate
    $73M+26.8%
  • Private Assets
    $36M+0.3%

Forward guidance

MSCI's guidance for the year ending December 31, 2025, is based on assumptions about macroeconomic factors and the capital markets.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.0%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+4.0%

Avg return

30 days after

60%

41 / 68 earnings

Positive

+10.8%

Q2 2023

Best reaction

-15.9%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.2%+4.5%+1.1%
Q4 2025+4.8%+7.4%-1.7%
Q3 2025+8.7%+7.6%+2.9%
Q2 2025-0.3%+0.1%+2.8%
Q1 2025+0.9%+0.4%+5.7%
Q4 2024-5.6%-7.3%-6.0%
Q3 2024-4.4%-2.9%+1.6%
Q2 2024+5.6%+6.8%+11.6%
Q1 2024-9.8%-7.3%-4.8%
Q4 2023+8.7%+7.6%+1.8%
Q3 2023-2.1%+3.3%+8.1%
Q2 2023+10.8%+9.5%+5.9%
Q1 2023-15.9%-11.4%-14.3%
Q4 2022+9.5%+12.0%+2.1%
Q3 2022+9.6%+15.1%+23.4%
Q2 2022+3.3%+9.8%+8.5%
Q1 2022-9.6%-8.9%-6.4%
Q4 2021+3.3%+10.8%+4.3%
Q3 2021-2.3%+2.0%-1.4%
Q2 2021+2.8%+3.5%+8.3%
Q1 2021-0.6%-0.3%-4.6%
Q4 2020+0.5%+8.1%+5.4%
Q3 2020-2.5%+0.1%+15.6%
Q2 2020-2.8%-4.6%-6.1%
Q1 2020+0.9%-3.5%-2.7%
Q4 2019+1.2%+6.7%+4.7%
Q3 2019+7.3%+4.1%+13.1%
Q2 2019-3.1%-5.7%+3.3%
Q1 2019+1.9%-0.4%-1.2%
Q4 2018+6.2%+7.2%+16.9%
Q3 2018-4.2%-1.7%+4.5%
Q2 2018+2.3%+6.0%+10.6%
Q1 2018+1.1%+3.2%+8.6%
Q4 2017+2.4%-0.2%+2.9%
Q3 2017+7.2%+7.1%+9.7%
Q2 2017+2.3%+1.6%+6.3%
Q1 2017-1.8%-3.7%+3.0%
Q4 2016+9.4%+10.6%+14.0%
Q3 2016-4.8%-4.5%-2.6%
Q2 2016+3.0%+1.5%+6.5%
Q1 2016-0.6%
Q4 2015-1.6%
Q3 2015+6.3%
Q2 2015+1.9%
Q1 2015-0.4%
Q4 2014+1.6%
Q3 2014-0.5%
Q2 2014-4.7%
Q1 2014-1.7%
Q4 2013-3.0%
Q3 2013-0.6%
Q2 2013+6.8%
Q1 2013-1.3%
Q4 2012-2.0%
Q3 2012-4.2%
Q2 2012-0.0%
Q1 2012+1.3%
Q2 2011+0.9%
Q4 2011+0.9%
Q3 2011+1.3%
Q1 2011+2.8%
Q1 2010+2.8%
Q2 2010+1.9%
Q4 2008+1.9%
Q4 2010+1.9%
Q3 2010+2.0%
Q3 2009+2.0%
Q4 2009+2.0%

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