MSCI Inc. (MSCI) balance sheet
NYSE · Financial Services · Financial - Data & Stock Exchanges · 6,268 employees · CEO Henry A. Fernandez
- Price
- $623.38 +0.78%
- Market cap
- $45.3B
- Enterprise value
- $51.9B
- Last report
- Q3 '26 filed 2026-10-20
- Next report
- 2027-01-26 EPS est. $5.09
At the end of Q3 '26 MSCI Inc. (MSCI) held $261M in cash and short-term investments against $6.89B of debt incl. leases. Total assets $5.6B, total liabilities $8.61B, shareholders' equity -$3.02B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $458M | $515M | $448M | $497M | $406M | $357M | $344M | $400M | $515M | $385M | $356M | $261M | |
| Receivables | $840M | $746M | $709M | $644M | $821M | $749M | $791M | $746M | $987M | $883M | $884M | $860M | |
| Other current assets | $61.8M | $59.8M | $59.4M | $67.4M | $69.3M | $76.7M | $68.6M | $70.9M | $77.1M | $81.9M | $91.4M | $87M | |
| Current assets | $1.42B | $1.36B | $1.32B | $1.29B | $1.34B | $1.24B | $1.27B | $1.31B | $1.64B | $1.39B | $1.44B | $1.3B | |
| Property, plant & equipment (net) | $171M | $188M | $194M | $184M | $190M | $204M | $203M | $199M | $200M | $234M | $235M | $251M | |
| Goodwill | $2.89B | $2.89B | $2.91B | $2.92B | $2.92B | $2.92B | $2.93B | $2.92B | $2.92B | $2.96B | $2.97B | $3.05B | |
| Intangible assets | $956M | $948M | $949M | $931M | $908M | $887M | $869M | $850M | $833M | $851M | $856M | $899M | |
| Deferred tax assets | $41.1M | $38.9M | $40.2M | $41.8M | $40.6M | $41M | $42.5M | $41.5M | $45.9M | $47M | $45.7M | $45.6M | |
| Other non-current assets | $43.9M | $47.7M | $49.5M | $49.8M | $47.7M | $58.3M | $62.4M | $67.2M | $55.8M | $56.8M | $55.8M | $53.4M | |
| Non-current assets | $4.1B | $4.11B | $4.14B | $4.12B | $4.1B | $4.11B | $4.1B | $4.08B | $4.06B | $4.15B | $4.17B | $4.3B | |
| Total assets | $5.52B | $5.48B | $5.46B | $5.41B | $5.45B | $5.34B | $5.37B | $5.39B | $5.7B | $5.55B | $5.6B | $5.6B | |
| Liabilities | |||||||||||||
| Accounts payable | $9.81M | $12M | $12.9M | $8.75M | $14.5M | $10.7M | $11.8M | $16M | $15.3M | $10.3M | $17.2M | $5.9M | |
| Accrued expenses | $168M | $174M | $191M | $209M | $192M | $208M | $188M | $0 | $243M | $94.7M | $157M | $218M | |
| Short-term debt | $10.9M | $23.7M | $25.2M | $25.5M | $24.9M | $26M | $27.1M | $27.7M | $28.6M | $25.1M | $24.9M | $24.4M | |
| Taxes payable | $24.7M | $44.7M | $24.9M | $77.5M | $0 | $52.5M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $1.08B | $1.05B | $1.02B | $943M | $1.12B | $1.08B | $1.06B | $975M | $1.23B | $1.18B | $1.14B | $1.04B | |
| Other current liabilities | $219M | $60.8M | $105M | $154M | $193M | $66.7M | $118M | $389M | $237M | $243M | $229M | $232M | |
| Current liabilities | $1.52B | $1.37B | $1.38B | $1.38B | $1.59B | $1.47B | $1.47B | $1.48B | $1.83B | $1.61B | $1.61B | $1.57B | |
| Long-term debt | $4.5B | $4.51B | $4.51B | $4.48B | $4.51B | $4.55B | $4.51B | $5.51B | $6.2B | $6.4B | $6.38B | $6.72B | |
| Lease obligations (non-current) | $120M | $135M | $131M | $124M | $121M | $118M | $115M | $112M | $108M | $144M | $139M | $149M | |
| Deferred revenue (non-current) | $28.8M | $28.2M | $27.4M | $28.8M | $32.2M | $30.9M | $31.4M | $33.3M | $0 | $0 | $32.6M | $32.5M | |
| Deferred tax liabilities | $27M | $17.7M | $69.7M | $61.3M | $47.6M | $51.9M | $52.4M | $82.8M | $102M | $24.6M | $28.2M | $29.7M | |
| Other non-current liabilities | $68.2M | $71.5M | $78.5M | $83.2M | $88M | $88.5M | $77.5M | $85.3M | $116M | $101M | $106M | $109M | |
| Non-current liabilities | $4.74B | $4.76B | $4.81B | $4.78B | $4.8B | $4.84B | $4.79B | $5.82B | $6.53B | $6.71B | $6.69B | $7.04B | |
| Total liabilities | $6.26B | $6.13B | $6.19B | $6.16B | $6.39B | $6.3B | $6.26B | $7.31B | $8.36B | $8.32B | $8.29B | $8.61B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $1.34M | $1.34M | $1.34M | $1.34M | $1.34M | $1.34M | $1.34M | $1.34M | $1.34M | $1.3M | $1.3M | $1.3M | |
| Retained earnings | $4.18B | $4.31B | $4.45B | $4.6B | $4.78B | $4.93B | $5.09B | $5.28B | $5.43B | $5.68B | $5.88B | $6.08B | |
| Accumulated other comprehensive income | -$61.4M | -$63.6M | -$64.8M | -$53M | -$71M | -$63.7M | -$50.1M | -$53.8M | -$51.6M | -$59M | -$57.4M | -$58.5M | |
| Shareholders' equity | -$740M | -$651M | -$734M | -$751M | -$940M | -$959M | -$886M | -$1.92B | -$2.65B | -$2.77B | -$2.69B | -$3.02B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $4.63B | $4.67B | $4.66B | $4.63B | $4.66B | $4.69B | $4.66B | $5.62B | $6.34B | $6.57B | $6.54B | $6.89B | |
| Net debt (debt - cash) | $4.17B | $4.15B | $4.22B | $4.14B | $4.25B | $4.33B | $4.31B | $5.22B | $5.82B | $6.19B | $6.19B | $6.63B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $792M | $890M | $904M | $1.51B | $1.3B | $1.42B | $993M | $458M | $406M | $515M | |
| Receivables | $222M | $328M | $473M | $499M | $559M | $665M | $663M | $840M | $821M | $987M | |
| Other current assets | $29.9M | $34.9M | $38.2M | $44.4M | $46.4M | $51.5M | $54.9M | $61.8M | $69.3M | $77.1M | |
| Current assets | $1.06B | $1.27B | $1.44B | $2.08B | $1.93B | $2.14B | $1.75B | $1.42B | $1.34B | $1.64B | |
| Property, plant & equipment (net) | $95.6M | $94.4M | $90.9M | $257M | $234M | $211M | $180M | $171M | $190M | $200M | |
| Long-term investments | $0 | $0 | $0 | $0 | $191M | $219M | $214M | $0 | $0 | $0 | |
| Goodwill | $1.56B | $1.56B | $1.55B | $1.56B | $1.57B | $2.24B | $2.23B | $2.89B | $2.92B | $2.92B | |
| Intangible assets | $348M | $322M | $281M | $261M | $235M | $593M | $559M | $956M | $908M | $833M | |
| Deferred tax assets | $9.53M | $12M | $14.9M | $20.9M | $23.6M | $40.1M | $29.2M | $41.1M | $40.6M | $45.9M | |
| Other non-current assets | $18.3M | $19.6M | $20.5M | $20.3M | $24M | $63.4M | $37.3M | $43.9M | $47.7M | $55.8M | |
| Non-current assets | $2.03B | $2.01B | $1.95B | $2.12B | $2.27B | $3.36B | $3.25B | $4.1B | $4.1B | $4.06B | |
| Total assets | $3.08B | $3.28B | $3.39B | $4.2B | $4.2B | $5.51B | $5B | $5.52B | $5.45B | $5.7B | |
| Liabilities | |||||||||||
| Accounts payable | $568K | $1.61M | $3.89M | $6.5M | $14.3M | $13.4M | $15M | $9.81M | $14.5M | $15.3M | |
| Accrued expenses | $82.5M | $85.7M | $114M | $139M | $144M | $145M | $153M | $168M | $192M | $243M | |
| Short-term debt | $0 | $0 | $0 | $0 | $22.7M | $23.3M | $8.71M | $10.9M | $24.9M | $28.6M | |
| Taxes payable | $12.4M | $15.1M | $16.3M | $14.2M | $26.2M | $59.6M | $8.06M | $24.7M | $38M | $0 | |
| Deferred revenue | $334M | $374M | $538M | $575M | $676M | $825M | $883M | $1.08B | $1.12B | $1.23B | |
| Other current liabilities | $119M | $131M | $137M | $166M | $139M | $184M | $182M | $219M | $193M | $237M | |
| Current liabilities | $537M | $608M | $809M | $901M | $1.02B | $1.25B | $1.25B | $1.52B | $1.59B | $1.83B | |
| Long-term debt | $2.08B | $2.08B | $2.58B | $3.07B | $3.37B | $4.16B | $4.5B | $4.5B | $4.51B | $6.2B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $164M | $152M | $150M | $132M | $120M | $121M | $108M | |
| Deferred revenue (non-current) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28.8M | $0 | $0 | |
| Deferred tax liabilities | $94.1M | $78M | $82M | $66.6M | $12.8M | $3.65M | $29.1M | $27M | $47.6M | $102M | |
| Other non-current liabilities | $59.1M | $111M | $87.9M | $77.7M | $88.2M | $104M | $91M | $68.2M | $120M | $116M | |
| Non-current liabilities | $2.23B | $2.27B | $2.75B | $3.38B | $3.62B | $4.42B | $4.75B | $4.74B | $4.8B | $6.53B | |
| Total liabilities | $2.76B | $2.87B | $3.55B | $4.28B | $4.64B | $5.67B | $6.01B | $6.26B | $6.39B | $8.36B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $1.29M | $1.3M | $1.3M | $1.32M | $1.33M | $1.33M | $1.34M | $1.34M | $1.34M | $1.34M | |
| Retained earnings | $1.32B | $1.51B | $1.86B | $2.2B | $2.55B | $2.98B | $3.47B | $4.18B | $4.78B | $5.43B | |
| Accumulated other comprehensive income | -$60.7M | -$48.3M | -$58.4M | -$62.6M | -$58.9M | -$58.8M | -$60.2M | -$61.4M | -$71M | -$51.6M | |
| Shareholders' equity | $318M | $401M | -$166M | -$76.7M | -$443M | -$163M | -$1.01B | -$740M | -$940M | -$2.65B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $2.08B | $2.08B | $2.58B | $3.24B | $3.52B | $4.33B | $4.64B | $4.63B | $4.66B | $6.34B | |
| Net debt (debt - cash) | $1.28B | $1.19B | $1.67B | $1.73B | $2.22B | $2.91B | $3.65B | $4.17B | $4.25B | $5.82B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02