MSCI Inc.
MSCI · Services-Business Services, NEC · 72.8M shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $433M (gross $504M, SBC $72M)
Reference price $604.56 · est. market cap ~$44.0B — last insider sale, 2026-06-10 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A88gen composite 86pct→88
Notable findings
- Weak liquidityCurrent ratio 0.90 (<1)
- Negative equityNegative book equity (debt/equity -2.34)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, Bridgewater Associates, LP
- Strong balance sheetStrong balance sheet — $515M cash & investments
- New fund positionNotable fund(s) opened this quarter: Himalaya Capital Management LLC
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
82.4%
Operating margin
54.7%
Net margin
38.4%
Return on equity
-45.3%
Return on assets
21.1%
ROIC
38.2%
Revenue growth (QoQ)
14.1%
Net-income growth
8.4%
Debt / equity
-2.3×
Net debt / EBITDA
3.3×
Current ratio
0.9×
Free cash flow
$1.5B
EBITDA
$1.7B
Tangible book value
-$6.4B
Cash & investments
$515M
Stock comp / revenue
3.6%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Henry A. FernandezChairman | Chief Executive Officer and President | $33M FY2025 |
| Fernandez Henry A | Chairman and CEO | — |
| Alvise J. MunariChief Product Officer and Head of Client Segments | Officer | $5M FY2025 |
| Andrew C. WiechmannChief Financial Officer | Officer | $4M FY2025 |
| C.D. Baer Pettit(8)Former | Officer | $10M FY2025 |
| Crum Scott A | Chief Human Resources Officer | — |
| Gutowski Robert J. | General Counsel | — |
| Munari Alvise J. | Chief Product Officer | — |
| Read Craig Jack | Global Controller | — |
| Scott A. CrumChief Human Resources Officer | Officer | $4M FY2025 |
| Wiechmann Andrew C. | Chief Financial Officer | — |
| Pettit CD Baer | President | — |
| Jacques P. Perold | Director | $338K FY2025 |
| June Yang | Director | $313K FY2025 |
| Linda H. Riefler | Director | $349K FY2025 |
| Marcus L. Smith | Director | $343K FY2025 |
| Michelle Seitz | Director | $312K FY2025 |
| Paula Volent | Director | $322K FY2025 |
| Rajat Taneja | Director | $319K FY2025 |
| Robert G. Ashe | Director | $373K FY2025 |
| Robin Matlock | Director | $331K FY2025 |
| Sandy C. Rattray | Director | $338K FY2025 |
| Wayne Edmunds | Director | $810 FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-10 | Wiechmann Andrew C. | Sell | 450 | $604.56 |
| 2026-06-02 | Taneja Rajat | Grant | 42 | — |
| 2026-05-29 | RIEFLER LINDA H | Grant | 7 | — |
| 2026-05-29 | Yang June | Grant | 2 | — |
| 2026-05-29 | Matlock Robin | Grant | 6 | — |
| 2026-05-15 | Fernandez Henry A | Buy | 240 | $560.28 |
| 2026-05-15 | Fernandez Henry A | Buy | 1.2K | $561.56 |
| 2026-05-15 | Fernandez Henry A | Buy | 1.1K | $562.47 |
| 2026-05-15 | Fernandez Henry A | Buy | 800 | $563.39 |
| 2026-05-15 | Fernandez Henry A | Buy | 400 | $564.42 |
| 2026-05-15 | Fernandez Henry A | Buy | 80 | $565.17 |
| 2026-05-15 | Fernandez Henry A | Buy | 120 | $559.40 |
| 2026-05-01 | RIEFLER LINDA H | Grant | 388 | — |
| 2026-05-01 | Smith Marcus L. | Grant | 388 | — |
| 2026-05-01 | Yang June | Grant | 388 | — |
| 2026-05-01 | Seitz Michelle | Grant | 388 | — |
| 2026-05-01 | Volent Paula | Grant | 388 | — |
| 2026-05-01 | Rattray Sandy C. | Tax withheld | 32 | — |
| 2026-05-01 | Rattray Sandy C. | Grant | 388 | — |
| 2026-05-01 | Matlock Robin | Grant | 388 | — |
| 2026-05-01 | Perold Jacques P | Grant | 388 | — |
| 2026-05-01 | Taneja Rajat | Grant | 388 | — |
| 2026-05-01 | Taneja Rajat | Grant | 177 | — |
| 2026-05-01 | Ashe Robert G. | Grant | 490 | — |
| 2026-05-01 | Ashe Robert G. | Grant | 202 | — |
| 2026-04-28 | Fernandez Henry A | Gift | 76K | — |
| 2026-04-28 | Fernandez Henry A | Gift | 76K | — |
| 2026-04-24 | Munari Alvise J. | Sell | 10.0K | $592.03 |
| 2026-04-24 | Munari Alvise J. | Sell | 40 | $593.31 |
| 2026-03-17 | Wiechmann Andrew C. | Sell | 450 | $560.00 |
| 2026-02-27 | Yang June | Grant | 1 | — |
| 2026-02-27 | Matlock Robin | Grant | 5 | — |
| 2026-02-27 | RIEFLER LINDA H | Grant | 6 | — |
| 2026-02-18 | Ashe Robert G. | Buy | 3.7K | $543.21 |
| 2026-02-17 | Fernandez Henry A | Buy | 360 | $519.45 |
| 2026-02-17 | Fernandez Henry A | Buy | 240 | $517.32 |
| 2026-02-17 | Fernandez Henry A | Buy | 200 | $520.00 |
| 2026-02-13 | Fernandez Henry A | Buy | 6.0K | $524.18 |
| 2026-02-02 | Munari Alvise J. | Tax withheld | 438 | $624.75 |
| 2026-02-02 | Gutowski Robert J. | Tax withheld | 276 | $624.75 |
| 2026-02-02 | Wiechmann Andrew C. | Tax withheld | 470 | $624.75 |
| 2026-02-02 | Crum Scott A | Tax withheld | 548 | $624.75 |
| 2026-01-30 | Munari Alvise J. | Grant | 3.2K | — |
| 2026-01-30 | Crum Scott A | Grant | 1.6K | — |
| 2026-01-30 | Gutowski Robert J. | Grant | 1.1K | — |
| 2026-01-30 | Wiechmann Andrew C. | Grant | 1.8K | — |
| 2026-01-30 | Read Craig Jack | Grant | 790 | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-04-23 | Shareholder vote | filing ↗ |
| 2026-04-21 | ResultsExhibits | filing ↗ |
| 2026-03-31 | Exec/director change | filing ↗ |
| 2026-01-28 | Material agreementExhibits | filing ↗ |
| 2026-01-28 | ResultsExhibits | filing ↗ |
| 2025-11-17 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-11-06 | Reg FDOtherExhibits | filing ↗ |
| 2025-10-28 | ResultsOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-04-23 | 2026-04-21 | 0001408198-26-000038 ↗ |
| 10-Q | 2026-04-21 | 2026-03-31 | 0001408198-26-000034 ↗ |
| 8-K | 2026-04-21 | 2026-04-21 | 0001408198-26-000032 ↗ |
| 8-K | 2026-03-31 | 2026-03-27 | 0001408198-26-000027 ↗ |
| DEF 14A | 2026-03-11 | 2026-04-21 | 0001408198-26-000023 ↗ |
| 10-K | 2026-02-06 | 2025-12-31 | 0001408198-26-000011 ↗ |
| 8-K | 2026-01-28 | 2026-01-27 | 0001408198-26-000008 ↗ |
| 8-K | 2026-01-28 | 2026-01-28 | 0001408198-26-000005 ↗ |
| 8-K | 2025-11-17 | 2025-11-12 | 0001408198-25-000199 ↗ |
| 8-K | 2025-11-06 | 2025-10-30 | 0000950103-25-014418 ↗ |
| 8-K | 2025-10-28 | 2025-10-25 | 0001408198-25-000194 ↗ |
| 10-Q | 2025-10-28 | 2025-09-30 | 0001408198-25-000196 ↗ |