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Side-by-side financial comparison of Acadia Healthcare Company, Inc. (ACHC) and MSCI Inc. (MSCI). Click either name above to swap in a different company.
MSCI Inc. is the larger business by last-quarter revenue ($822.5M vs $821.5M, roughly 1.0× Acadia Healthcare Company, Inc.). MSCI Inc. runs the higher net margin — 34.6% vs -143.3%, a 178.0% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs 6.1%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $-179.5M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% CAGR vs 3.4%).
Acadia Healthcare Company, Inc. is an American provider of for-profit behavioral healthcare services. It operates a network of over 225 facilities across the United States and Puerto Rico.
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
ACHC vs MSCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $821.5M | $822.5M |
| Net Profit | $-1.2B | $284.7M |
| Gross Margin | — | — |
| Operating Margin | -142.4% | 56.4% |
| Net Margin | -143.3% | 34.6% |
| Revenue YoY | 6.1% | 10.6% |
| Net Profit YoY | -3710.4% | -6.8% |
| EPS (diluted) | $-12.98 | $3.81 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $821.5M | $822.5M | ||
| Q3 25 | $851.6M | $793.4M | ||
| Q2 25 | $869.2M | $772.7M | ||
| Q1 25 | $770.5M | $745.8M | ||
| Q4 24 | $774.2M | $743.5M | ||
| Q3 24 | $815.6M | $724.7M | ||
| Q2 24 | $796.0M | $707.9M | ||
| Q1 24 | $768.1M | $680.0M |
| Q4 25 | $-1.2B | $284.7M | ||
| Q3 25 | $36.2M | $325.4M | ||
| Q2 25 | $30.1M | $303.6M | ||
| Q1 25 | $8.4M | $288.6M | ||
| Q4 24 | $32.6M | $305.5M | ||
| Q3 24 | $68.1M | $280.9M | ||
| Q2 24 | $78.5M | $266.8M | ||
| Q1 24 | $76.4M | $256.0M |
| Q4 25 | -142.4% | 56.4% | ||
| Q3 25 | 4.7% | 56.4% | ||
| Q2 25 | 5.8% | 55.0% | ||
| Q1 25 | 1.7% | 50.6% | ||
| Q4 24 | 4.9% | 54.5% | ||
| Q3 24 | 12.1% | 55.4% | ||
| Q2 24 | 13.4% | 54.0% | ||
| Q1 24 | 12.9% | 49.9% |
| Q4 25 | -143.3% | 34.6% | ||
| Q3 25 | 4.3% | 41.0% | ||
| Q2 25 | 3.5% | 39.3% | ||
| Q1 25 | 1.1% | 38.7% | ||
| Q4 24 | 4.2% | 41.1% | ||
| Q3 24 | 8.4% | 38.8% | ||
| Q2 24 | 9.9% | 37.7% | ||
| Q1 24 | 9.9% | 37.6% |
| Q4 25 | $-12.98 | $3.81 | ||
| Q3 25 | $0.40 | $4.25 | ||
| Q2 25 | $0.33 | $3.92 | ||
| Q1 25 | $0.09 | $3.71 | ||
| Q4 24 | $0.36 | $3.89 | ||
| Q3 24 | $0.74 | $3.57 | ||
| Q2 24 | $0.85 | $3.37 | ||
| Q1 24 | $0.83 | $3.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $133.2M | $515.3M |
| Total DebtLower is stronger | $2.5B | $6.2B |
| Stockholders' EquityBook value | $1.9B | $-2.7B |
| Total Assets | $5.5B | $5.7B |
| Debt / EquityLower = less leverage | 1.28× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $133.2M | $515.3M | ||
| Q3 25 | $118.7M | $400.1M | ||
| Q2 25 | $131.4M | $347.3M | ||
| Q1 25 | $91.2M | $360.7M | ||
| Q4 24 | $76.3M | $409.4M | ||
| Q3 24 | $82.1M | $501.0M | ||
| Q2 24 | $77.2M | $451.4M | ||
| Q1 24 | $77.3M | $519.3M |
| Q4 25 | $2.5B | $6.2B | ||
| Q3 25 | $2.3B | $5.5B | ||
| Q2 25 | $2.3B | $4.5B | ||
| Q1 25 | $2.2B | $4.5B | ||
| Q4 24 | $2.0B | $4.5B | ||
| Q3 24 | $1.9B | $4.5B | ||
| Q2 24 | $1.8B | $4.5B | ||
| Q1 24 | $1.9B | $4.5B |
| Q4 25 | $1.9B | $-2.7B | ||
| Q3 25 | $3.1B | $-1.9B | ||
| Q2 25 | $3.1B | $-886.2M | ||
| Q1 25 | $3.0B | $-958.6M | ||
| Q4 24 | $3.1B | $-940.0M | ||
| Q3 24 | $3.0B | $-751.0M | ||
| Q2 24 | $3.0B | $-734.5M | ||
| Q1 24 | $2.9B | $-650.5M |
| Q4 25 | $5.5B | $5.7B | ||
| Q3 25 | $6.4B | $5.4B | ||
| Q2 25 | $6.3B | $5.4B | ||
| Q1 25 | $6.1B | $5.3B | ||
| Q4 24 | $6.0B | $5.4B | ||
| Q3 24 | $5.9B | $5.4B | ||
| Q2 24 | $5.7B | $5.5B | ||
| Q1 24 | $5.5B | $5.5B |
| Q4 25 | 1.28× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | 0.62× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.65× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-86.3M | $501.1M |
| Free Cash FlowOCF − Capex | $-179.5M | $488.7M |
| FCF MarginFCF / Revenue | -21.8% | 59.4% |
| Capex IntensityCapex / Revenue | 11.3% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $-439.9M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-86.3M | $501.1M | ||
| Q3 25 | $73.2M | $449.4M | ||
| Q2 25 | $133.5M | $336.1M | ||
| Q1 25 | $11.5M | $301.7M | ||
| Q4 24 | $116.7M | $430.6M | ||
| Q3 24 | $163.1M | $421.6M | ||
| Q2 24 | $171.1M | $349.2M | ||
| Q1 24 | $-321.3M | $300.1M |
| Q4 25 | $-179.5M | $488.7M | ||
| Q3 25 | $-63.0M | $445.5M | ||
| Q2 25 | $-34.2M | $324.7M | ||
| Q1 25 | $-163.2M | $290.2M | ||
| Q4 24 | $-86.8M | $416.4M | ||
| Q3 24 | $-27.1M | $415.0M | ||
| Q2 24 | $16.9M | $340.6M | ||
| Q1 24 | $-463.7M | $295.9M |
| Q4 25 | -21.8% | 59.4% | ||
| Q3 25 | -7.4% | 56.2% | ||
| Q2 25 | -3.9% | 42.0% | ||
| Q1 25 | -21.2% | 38.9% | ||
| Q4 24 | -11.2% | 56.0% | ||
| Q3 24 | -3.3% | 57.3% | ||
| Q2 24 | 2.1% | 48.1% | ||
| Q1 24 | -60.4% | 43.5% |
| Q4 25 | 11.3% | 1.5% | ||
| Q3 25 | 16.0% | 0.5% | ||
| Q2 25 | 19.3% | 1.5% | ||
| Q1 25 | 22.7% | 1.5% | ||
| Q4 24 | 26.3% | 1.9% | ||
| Q3 24 | 23.3% | 0.9% | ||
| Q2 24 | 19.4% | 1.2% | ||
| Q1 24 | 18.5% | 0.6% |
| Q4 25 | — | 1.76× | ||
| Q3 25 | 2.02× | 1.38× | ||
| Q2 25 | 4.43× | 1.11× | ||
| Q1 25 | 1.37× | 1.05× | ||
| Q4 24 | 3.58× | 1.41× | ||
| Q3 24 | 2.39× | 1.50× | ||
| Q2 24 | 2.18× | 1.31× | ||
| Q1 24 | -4.21× | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACHC
| Acute Inpatient Psychiatric Facilities | $451.2M | 55% |
| Comprehensive Treatment Centers | $144.2M | 18% |
| Medicare | $113.7M | 14% |
| Residential Treatment Centers | $89.7M | 11% |
| Self Payor | $16.1M | 2% |
| Other Payor | $10.7M | 1% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
