MSCI Inc. — Earnings Quality Grade F
MSCI · Financial Services
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO increased by 10 days
AR growth 20.2% exceeds revenue growth 9.7%
Revenue 9.7%, CFFO 5.8%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 12.8% vs revenue 9.7%. Normal
SG&A/Gross Profit = 19.4%, excellent (<30%)
Gross margin 82.4%, change +0.5pp. Stable
Cash Flow Quality
CFFO/NI = 1.32. Profits backed by cash
FCF $1.5B, FCF/NI = 1.21
Accruals ratio = -6.8%. Low accruals
Cash $0.5B covers only 8% of debt $6.3B
Balance Sheet Health
Goodwill+Intangibles $3.8B = -141% of equity. Manageable
Debt/EBITDA = 3.3x. Healthy
Other assets 16.9% vs revenue 9.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -2% YoY. Normal
Manipulation Score
M-Score = -2.73 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score — Not Applicable
MSCI Inc. is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-09