MSCI Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2004
Revenue	2,529	2,249	2,044	1,695	1,558	Upgrade
Revenue Growth (YoY)	12.47%	10.03%	20.54%	8.83%	8.63%	Upgrade
Cost of Revenue	446.58	404.34	358.68	291.7	294.96	Upgrade
Gross Profit	2,082	1,844	1,685	1,404	1,263	Upgrade
Selling, General & Admin	430.17	411.44	391.08	331.12	329.39	Upgrade
Research & Development	132.12	107.21	111.56	101.05	98.33	Upgrade
Other Operating Expenses	135.44	117.97	109.49	86.75	79.41	Upgrade
Operating Expenses	697.73	636.62	612.14	518.92	507.13	Upgrade
Operating Income	1,385	1,208	1,073	884.76	755.7	Upgrade
Interest Expense / Income	186.68	171.57	159.61	156.32	148.04	Upgrade
Other Expense / Income	-171.13	-7.77	54.98	42.22	4.34	Upgrade
Pretax Income	1,369	1,044	858.14	686.23	603.32	Upgrade
Income Tax	220.47	173.27	132.15	84.4	39.67	Upgrade
Net Income	1,149	870.57	725.98	601.82	563.65	Upgrade
Net Income Growth	31.94%	19.92%	20.63%	6.77%	10.98%	Upgrade
Shares Outstanding (Basic)	79	81	83	84	85	Upgrade
Shares Outstanding (Diluted)	80	81	83	85	86	Upgrade
Shares Change	-1.69%	-2.71%	-1.23%	-1.19%	-4.64%	Upgrade
EPS (Basic)	14.45	10.78	8.80	7.19	6.66	Upgrade
EPS (Diluted)	14.39	10.72	8.70	7.12	6.59	Upgrade
EPS Growth	34.24%	23.22%	22.19%	8.04%	16.43%	Upgrade
Free Cash Flow	1,145	1,022	883.28	760.13	655.75	Upgrade
Free Cash Flow Per Share	14.41	12.66	10.71	9.08	7.75	Upgrade
Dividend Per Share	5.520	4.580	3.640	2.920	2.520	Upgrade
Dividend Growth	20.52%	25.82%	24.66%	15.87%	31.25%	Upgrade
Gross Margin	82.34%	82.02%	82.45%	82.79%	81.07%	Upgrade
Operating Margin	54.75%	53.71%	52.49%	52.19%	48.51%	Upgrade
Profit Margin	45.42%	38.72%	35.53%	35.50%	36.18%	Upgrade
Free Cash Flow Margin	45.28%	45.47%	43.22%	44.84%	42.09%	Upgrade
Effective Tax Rate	16.10%	16.60%	15.40%	12.30%	6.58%	Upgrade
EBITDA	1,715	1,358	1,152	953.34	853.26	Upgrade
EBITDA Margin	67.81%	60.39%	56.37%	56.23%	54.77%	Upgrade
Depreciation & Amortization	159.22	142.5	134.13	110.8	101.9	Upgrade
EBIT	1,556	1,215	1,018	842.55	751.36	Upgrade
EBIT Margin	61.52%	54.05%	49.80%	49.70%	48.23%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).