MSCI Inc. (formerly Morgan Stanley Capital International and MSCI Barra), is an American finance company headquartered in New York City and serving as a global provider of equity, fixed income, hedge fund stock market indexes, multi-asset portfolio analysis tools and ESG products. It publishes the MSCI BRIC, MSCI World and MSCI EAFE Indexes.
| Revenue (TTM) | $3.33B |
| Gross Profit (TTM) | $2.77B |
| EBITDA | $1.96B |
| Operating Margin | 56.30% |
| Return on Equity | 0.00% |
| Return on Assets | 21.10% |
| Revenue/Share (TTM) | $44.90 |
| Book Value | $-36.99 |
| Price-to-Book | 37.57 |
| Price-to-Sales (TTM) | 12.50 |
| EV/Revenue | 14.38 |
| EV/EBITDA | 23.16 |
| Quarterly Earnings Growth (YoY) | 19.60% |
| Quarterly Revenue Growth (YoY) | 12.20% |
| Shares Outstanding | $72.70M |
| Float | $69.02M |
| % Insiders | 3.60% |
| % Institutions | 95.84% |
Volatility is currently contracting
Baron Focused Growth Fund rebounded in Q2 from a disappointing start to the year, with the Fund gaining 13.26% compared with a gain of 24.02% for the Russell 2500 Growth Index. We remain steadfast in our commitment to long-term investing in competitively advantaged, growth businesses. As of June 30, 2026, the Fund owned 28 investments.
MSCI Inc. is rated a strong buy due to its high-quality, capital-light business model and attractive forward valuation. Despite 50% revenue growth over 5 years, MSCI stock has stagnated, but overvaluation headwinds appear to be ending. MSCI's core index business drives robust operating leverage, with 18.5% bottom-line growth and 77% revenue conversion to profits.
MSCI (MSCI) reported earnings 30 days ago. What's next for the stock?
BFGFX's recent decline is being driven by factors beyond SpaceX, despite the stock's strong contribution to the fund's second-quarter return.
MSCI Inc. is viewed as heavily discounted, trading at a 22% discount to fair value with strong long-term growth prospects. Recurring revenue, high client retention, and secular tailwinds in private markets and passive vehicles underpin MSCI's robust investment thesis. Despite a slight Q2 2026 earnings miss and rising operating expenses, MSCI maintains solid EPS growth, a stable credit profile, and a growing dividend.
Li Lu's Himalaya Capital cut its Bank of America (NYSE:BAC | BAC Price Prediction) position by roughly 71% and redeployed the proceeds into the three companies that grade, index, and monitor the credit system itself.
MSCI (MSCI) delivered strong Q2 2026 profitability, with EPS up 19.6% YoY and operating margin expanding to 56.2%. Despite double-digit growth and a historically low PE ratio, I downgrade MSCI to 'hold' due to valuation concerns and reliance on market-driven Asset-Based Fees. ESG and other recurring revenue segments are growing only mid-single digits, with ESG notably weak and no recovery in sight.
MSCI Inc. retains my buy rating as Q2 2026 results confirm robust Index growth and new trading-related revenue streams. Index segment drives performance with 17% revenue growth, 26.6% asset-based fee growth, and a 77.8% adj. EBITDA margin. Trading ecosystem expansion delivers 15% subscription run-rate growth from traders and hedge funds, with meaningful seven-figure contracts secured.
MSCI Inc. (MSCI) Q2 2026 Earnings Call Transcript
MSCI tops Q2 earnings and revenue estimates as recurring subscriptions, asset-based fees, and ETF-linked AUM growth fuel stronger results and higher cash flow.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on MSCI and any ticker you trade — then tracks every position and per-strategy win rate.
