MSCI Inc. , , today announced its financial results for the three months ended December 31, 2024 (“fourth quarter 2024”) and full year ended December 31, 2024 (“full year 2024”).
Financial and Operational Highlights for Fourth Quarter 2024
(Note: Unless otherwise noted, percentage and other changes are relative to the three months ended December 31, 2023 (“fourth quarter 2023”) and Run Rate percentage changes are relative to December 31, 2023).
•Operating revenues of $743.5 million, up 7.7%; Organic operating revenue growth of 7.4%
•Recurring subscription revenues up 7.5%; Asset-based fees up 20.8%
•Operating margin of 54.5%; Adjusted EBITDA margin of 60.8%
•Diluted EPS of $3.90, down 23.1%; Adjusted EPS of $4.18, up 13.6%
•New recurring subscription sales down by 0.9%; Organic recurring subscription Run Rate growth of 7.9%; Retention Rate of 93.1%
•In full year 2024 and through January 28, 2025, a total of $865.5 million or 1,599,271 shares were repurchased at an average repurchase price of $541.20
•In fourth quarter 2024, dividends of $124.8 million were paid to shareholders; Cash dividend of $1.80 per share declared by MSCI Board of Directors for first quarter 2025, an increase of 12.5%
2025-01-29
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