MSCI Inc.

MSCINYSEFinancial Services● Active

$608.25

$-7.21(-1.17%)

Market Cap$44.3B

P/E Ratio—

52W High$644.68

52W Low$501.08

Avg Volume617K

Open$612.56

Beta1.23

Overview

MSCI Inc. (MSCI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MSCI · free cash flow · updated Jun 8, 2026

Core FCF metrics

MSCI · FCF · TTM · margin & CAGR

Free cash flow was $1.55B for FY2025 (fiscal year ending 2025-12-31), up 5.5% year-over-year The FCF margin was 49.4%. Five-year CAGR stands at +15.3%.

FY2025 Free Cash Flow$1.55B▲ +5.5% YoY

Trailing 12M (TTM)$1.54Btrailing 4 quarters sum

FCF Margin49.4%$1.55B ÷ revenue

3-Year CAGR+14.8%FY2022 → FY2025

5-Year CAGR+15.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MSCI · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.59B(39M)$1.55B▲ +5.5%49.4%

FY2024$1.50B(34M)$1.47B▲ +28.2%51.4%

FY2023$1.24B(91M)$1.15B▲ +12.0%45.3%

FY2022$1.10B(73M)$1.02B▲ +15.8%45.5%

FY2021$936.1M(53M)$883.3M▲ +16.2%43.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MSCI · P/FCF · FCF yield · FCF per share

MSCI Inc. (MSCI) trades at a FCF yield of 3.48% and a price-to-free-cash-flow ratio of 30.5x. FCF per share stands at $19.92, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.48%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$19.92

TTM FCF ÷ Shares Outstanding

Price / FCF

x30.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x32.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MSCI · cash flow statement · operating / investing / financing

For FY2025, MSCI Inc. generated $1.59B in operating cash flow and spent 39M in capital expenditures, yielding $1.55B in free cash flow.

Operating Activities

+$1.59B

Cash from core business operations

2025-12-31

Investing Activities

−$130.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.36B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.59B) − |CapEx| (39M) = FCF ($1.55B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

MSCI vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

MSCI Inc.YOU

MSCI

$1.55B+5.5%49.4%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

MSCI Inc. (MSCI) reported free cash flow of $1.55B for FY2025 (fiscal year ending 2025-12-31), up 5.5% year-over-year. The FCF margin was 49.4%.

Based on available data, MSCI Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $1.55B in FY2025. The 5-year CAGR stands at +15.3%.

MSCI Inc.'s FCF yield is 3.48% and price-to-FCF ratio is 30.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MSCI free cash flow · 8 questions

MSCI Inc. free cash flow was $1.55B for FY2025, up 5.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.54B.

MSCI free cash flowMSCI FCFMSCI FCF 2025MSCI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · MSCI Inc. · MSCI Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026