MSCI Inc. (MSCI) quarterly cash flow statement — complete operating, investing & financing history
MSCI Inc. (MSCI) cash flow statement — 21-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 436.1M | 370.8M | 306.8M | 501.13M | 449.44M | 336.14M | 301.74M | 430.63M | 421.61M | 349.25M | 300.14M | 388.95M | 291.13M | 291.8M | 264.14M | 315.43M | 323.07M | 212.69M | 244.18M | 279.66M |
| Operating CF Growth % | -2.97% | 10.31% | 1.68% | 16.37% | 6.6% | -3.75% | 0.53% | 10.72% | 44.82% | 19.69% | 13.63% | 23.31% | -9.89% | 37.2% | 8.17% | 12.79% | 49.64% | -5.5% | 13.33% | 18.54% |
| Net Income | 351M | 342M | 406M | 284.67M | 325.39M | 303.65M | 288.6M | 305.51M | 280.9M | 266.76M | 255.95M | 403.38M | 259.66M | 246.82M | 238.73M | 214.97M | 216.59M | 210.59M | 228.42M | 193.87M |
| Depreciation & Amortization | 51.7M | 45.4M | 54.6M | 55.6M | 47.29M | 55.33M | 54.55M | 52.74M | 54.02M | 51.02M | 48.5M | 48.28M | 23.38M | 37.16M | 35.91M | 36.24M | 36.57M | 35.14M | 34.55M | 35.33M |
| Deferred Taxes | 500K | 82.5M | -82.5M | 13.25M | 30.02M | -1.75M | 3.4M | -17.76M | -10.47M | 50.18M | -7.63M | 15.71M | -19.21M | -9.51M | -2.25M | -22.89M | 82.15M | -9.87M | -12.96M | -9.53M |
| Other Non-Cash Items | 9.8M | -240.6M | -2.9M | 12.06M | 6.3M | 14.13M | 8.63M | -9.33M | 12.29M | 1.74M | -743K | -135.62M | 10.98M | 3.33M | 5.17M | 6.28M | -4.9M | 3.49M | 2.34M | 3.8M |
| Working Capital Changes | -4.4M | 116.1M | -116.1M | 109.97M | 17.85M | -58.4M | -93.45M | 76.5M | 66.37M | -39.84M | -30.28M | 40.92M | -1.82M | -2.14M | -34.5M | 69.16M | -19.35M | -38.23M | -31.02M | 44.5M |
| Cash from Investing | -166.6M | -61.5M | -70.5M | -36.45M | -26.15M | -34.56M | -32.9M | -36.73M | -28.06M | -47.13M | -32.33M | -749.97M | -20.98M | -26.67M | -21.76M | -26.92M | -18M | -19.1M | -15.31M | -49.83M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5K | 0 | 0 | -26.28M |
| Sale/Maturity of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Investment Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5K | 0 | 0 | -26.28M |
| Acquisitions | -115.9M | -17.1M | -41.7M | 0 | 0 | 0 | 0 | 0 | 0 | -19.65M | -7.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.81M |
| Other Investing | 0 | -59.4M | 0 | -24.01M | -22.21M | -23.11M | -43K | -778K | -463K | -153K | -276K | -728.14M | 0 | -203K | -186K | -6.46M | 6K | -5K | 28K | -147K |
| Cash from Financing | -364.8M | -509.1M | -364.5M | -349.79M | -369.38M | -321.1M | -321.72M | -476.18M | -350.27M | -368.64M | -207.22M | -111.57M | -130.31M | -553.76M | -158.29M | -172.55M | -269.89M | -16.82M | -966.12M | -91.74M |
| Dividends Paid | -147.8M | -149.5M | -150.5M | -135.13M | -137.86M | -139.74M | -143.78M | -125.13M | -125.76M | -126.92M | -131.31M | -109.35M | -109.38M | -110.11M | -112.14M | -100.16M | -100.82M | -84.17M | -87.77M | -85.95M |
| Share Repurchases | -552.6M | -168.4M | -414.8M | -906.82M | -1.23B | -138.49M | -213.09M | -374.05M | -199.51M | -241.72M | -69.99M | -27K | -18.74M | -441.46M | -43.96M | -70.21M | -168.78M | -280.86M | -877.66M | -5.31M |
| Stock Issued | 2M | -1.3M | 1.3M | 390K | 2.28M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -550.6M | -169.7M | -413.5M | -906.43M | -1.22B | -138.49M | -213.09M | -374.05M | -199.51M | -241.72M | -69.99M | -27K | -18.74M | -441.46M | -43.96M | -70.21M | -168.78M | -280.86M | -877.66M | -5.31M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -282K | 1000K | -559K | -477K |
| Other Financing | -1.4M | -164.9M | -500K | -19.69M | -12.77M | -7.99M | 155K | -2.01M | 0 | 0 | -3.74M | 0 | 0 | 0 | 0 | -1K | -1K | -1.8M | -132K | 0 |
| Net Change in Cash | -95.4M | -198M | -130M | 115.24M | 52.77M | -13.35M | -48.68M | -91.63M | 49.58M | -67.91M | 57.62M | -466.86M | 136.22M | -288.28M | 87.04M | 126.45M | 24.81M | 162.99M | -742.13M | 136.78M |
| Exchange Rate Effect | -100K | 1.8M | -1.8M | 353K | -1.15M | 6.17M | 4.21M | -9.35M | 6.3M | -1.4M | -2.96M | 5.72M | -3.62M | 344K | 2.96M | 10.5M | -10.37M | -13.78M | -4.89M | -1.3M |
| Cash at Beginning | 356.4M | 385.3M | 515.3M | 400.09M | 347.32M | 360.67M | 409.35M | 500.98M | 451.4M | 519.32M | 461.69M | 928.55M | 792.33M | 468.68M | 993.56M | 867.11M | 842.3M | 679.32M | 1.42B | 1.28B |
| Cash at End | 261M | 187.3M | 385.3M | 515.33M | 400.09M | 347.32M | 360.67M | 409.35M | 500.98M | 451.4M | 519.32M | 461.69M | 928.55M | 180.4M | 1.08B | 993.56M | 867.11M | 842.3M | 679.32M | 1.42B |
| Interest Paid | 83.8M | 58.1M | 79M | 51.59M | 32.04M | 56.03M | 33.65M | 54.99M | 34.23M | 56.68M | 34.05M | 57.24M | 34.41M | 56.86M | 33.8M | 57.95M | 28.98M | 50.41M | 27.78M | 49.7M |
| Income Taxes Paid | 39.2M | 147.7M | 55.8M | 66.08M | 43.9M | 101.04M | 11.25M | 39.6M | 48.19M | 101.84M | 11.39M | 42.73M | 59.16M | 119.62M | 18.96M | 25.96M | 30.69M | 106.39M | 17.64M | 58.89M |
| Free Cash Flow | 385.4M | 385.8M | 278M | 488.69M | 445.51M | 324.69M | 290.24M | 416.39M | 414.98M | 321.92M | 275.9M | 385.14M | 270.15M | 265.34M | 242.56M | 294.97M | 305.07M | 193.59M | 228.85M | 263.07M |
| FCF Growth % | -13.49% | 18.82% | -4.22% | 17.36% | 7.36% | 0.86% | 5.2% | 8.11% | 53.61% | 21.33% | 13.74% | 30.57% | -11.45% | 37.06% | 5.99% | 12.13% | 51.7% | -9.54% | 6.54% | 20.1% |