MSCI Inc. (NYSE:MSCI) stock rose Wednesday after the index and analytics provider posted quarterly results that came in ahead of Wall Street expectations.
The company pointed to steady subscription momentum and stronger asset-linked fees, helping lift profitability.
Quarterly Metrics
MSCI reported fourth-quarter adjusted earnings per share of $4.66, beating the analyst consensus estimate of $4.57.
Quarterly sales of $822.528 million outpaced the Street view of $819.352 million. Operating revenues rose 10.6%, with organic operating revenue growth of 10.2%.
Recurring subscription revenues increased 7.8% during the period. Asset-based fees climbed 20.7%, reflecting stronger market-driven inflows and valuations.
Operating income was $463.6 million, up 14.4%. Operating margin in the quarter under review expanded to 56.4% from 54.5%.
Adjusted EBITDA in the quarter under review totaled $512.002 million, higher than $452.254 million a year ago. Adjusted EBITDA margin in the quarter under review expanded to 62.2% from 60.8% a year ago.
Total Run Rate at December 31, 2025, was $3.301.6 billion, up 13.0%. Retention Rate in the fourth quarter of …