undamentalytics Newsletter
Sign in

MSCI balance sheet

At the end of fiscal 2025, MSCI had total assets of $5.70bn, total liabilities of $8.36bn and shareholders' equity of −$2.65bn. It held $515m in cash against $6.25bn of debt: net debt of $5.73bn.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Nov 20092010Nov 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents——2521833585097787928909041,5071,3011,421994462409515261
Receivables77—181154169179208222328473499559665663————
Total current assets602—6785156247691,0631,0561,2671,4352,0821,9262,1431,7481,4181,3441,6451,299
Goodwill442—1,7091,7981,8131,5651,5661,5561,5611,5461,5631,5662,2362,2302,8882,9152,9233,048
Total assets1,200—3,0933,0203,1362,8833,1473,0833,2763,3884,2044,1995,5074,9985,5185,4455,7035,595
Accounts payable2—0313312461413151015156
Deferred revenue (current)153—2893083203113183344955385756768258831,0841,1231,2321,037
Total current liabilities293—4535105034734985376088099011,0221,2511,2511,5171,5861,8301,575
Short-term debt42—1043200——————09110——
Long-term debt338—1,0678127887881,5792,0752,0782,5763,0723,3674,1614,5034,4974,5116,2026,717
Total debt380—1,0828588107881,5792,0752,0782,5763,0723,3674,1614,5484,5394,5376,2506,760
Total liabilities693—1,7881,5941,5721,4502,2462,7652,8753,5544,2814,6425,6706,0056,2586,3858,3578,612
Shareholders' equity507—1,2941,4141,5641,433901318401−166−77−443−163−1,008−740−940−2,655−3,016
Net debt (negative = net cash)——8296754522808021,2831,1891,6711,5652,0662,7403,5544,0774,1285,7356,499
Shares outstanding———120m118m112m101m91m90m84m85m83m82m80m79m78m74m72m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: MORN vs MSCIFDS vs MSCIMSCI vs TWCBOE vs MSCI

More: Financial Exchanges & Data stocks compared, Financials sector, rankings of US companies

Figures from MSCI's SEC filings (10-K and 10-Q), retrieved October 21, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to MSCI.