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Side-by-side financial comparison of CARTERS INC (CRI) 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 $757.8M, roughly 1.1× CARTERS INC). MSCI Inc. runs the higher net margin — 34.6% vs 1.5%, a 33.1% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs -0.1%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $-144.1M).
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
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.
CRI vs MSCI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $757.8M | $822.5M |
| Net Profit | $11.6M | $284.7M |
| Gross Margin | 45.1% | — |
| Operating Margin | 3.8% | 56.4% |
| Net Margin | 1.5% | 34.6% |
| Revenue YoY | -0.1% | 10.6% |
| Net Profit YoY | -80.1% | -6.8% |
| EPS (diluted) | $0.32 | $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 | — | $822.5M | ||
| Q3 25 | $757.8M | $793.4M | ||
| Q2 25 | $585.3M | $772.7M | ||
| Q1 25 | $629.8M | $745.8M | ||
| Q4 24 | — | $743.5M | ||
| Q3 24 | — | $724.7M | ||
| Q2 24 | — | $707.9M | ||
| Q1 24 | — | $680.0M |
| Q4 25 | — | $284.7M | ||
| Q3 25 | $11.6M | $325.4M | ||
| Q2 25 | $446.0K | $303.6M | ||
| Q1 25 | $15.5M | $288.6M | ||
| Q4 24 | — | $305.5M | ||
| Q3 24 | — | $280.9M | ||
| Q2 24 | — | $266.8M | ||
| Q1 24 | — | $256.0M |
| Q4 25 | — | — | ||
| Q3 25 | 45.1% | — | ||
| Q2 25 | 48.1% | — | ||
| Q1 25 | 46.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 56.4% | ||
| Q3 25 | 3.8% | 56.4% | ||
| Q2 25 | 0.7% | 55.0% | ||
| Q1 25 | 4.1% | 50.6% | ||
| Q4 24 | — | 54.5% | ||
| Q3 24 | — | 55.4% | ||
| Q2 24 | — | 54.0% | ||
| Q1 24 | — | 49.9% |
| Q4 25 | — | 34.6% | ||
| Q3 25 | 1.5% | 41.0% | ||
| Q2 25 | 0.1% | 39.3% | ||
| Q1 25 | 2.5% | 38.7% | ||
| Q4 24 | — | 41.1% | ||
| Q3 24 | — | 38.8% | ||
| Q2 24 | — | 37.7% | ||
| Q1 24 | — | 37.6% |
| Q4 25 | — | $3.81 | ||
| Q3 25 | $0.32 | $4.25 | ||
| Q2 25 | $0.01 | $3.92 | ||
| Q1 25 | $0.43 | $3.71 | ||
| Q4 24 | — | $3.89 | ||
| Q3 24 | — | $3.57 | ||
| Q2 24 | — | $3.37 | ||
| Q1 24 | — | $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 | $184.2M | $515.3M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $864.6M | $-2.7B |
| Total Assets | $2.5B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $515.3M | ||
| Q3 25 | $184.2M | $400.1M | ||
| Q2 25 | $338.2M | $347.3M | ||
| Q1 25 | $320.8M | $360.7M | ||
| Q4 24 | — | $409.4M | ||
| Q3 24 | — | $501.0M | ||
| Q2 24 | — | $451.4M | ||
| Q1 24 | — | $519.3M |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | — | $-2.7B | ||
| Q3 25 | $864.6M | $-1.9B | ||
| Q2 25 | $853.9M | $-886.2M | ||
| Q1 25 | $847.2M | $-958.6M | ||
| Q4 24 | — | $-940.0M | ||
| Q3 24 | — | $-751.0M | ||
| Q2 24 | — | $-734.5M | ||
| Q1 24 | — | $-650.5M |
| Q4 25 | — | $5.7B | ||
| Q3 25 | $2.5B | $5.4B | ||
| Q2 25 | $2.5B | $5.4B | ||
| Q1 25 | $2.3B | $5.3B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $5.4B | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $5.5B |
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 | $-128.0M | $501.1M |
| Free Cash FlowOCF − Capex | $-144.1M | $488.7M |
| FCF MarginFCF / Revenue | -19.0% | 59.4% |
| Capex IntensityCapex / Revenue | 2.1% | 1.5% |
| Cash ConversionOCF / Net Profit | -11.04× | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $501.1M | ||
| Q3 25 | $-128.0M | $449.4M | ||
| Q2 25 | $40.3M | $336.1M | ||
| Q1 25 | $-48.6M | $301.7M | ||
| Q4 24 | — | $430.6M | ||
| Q3 24 | — | $421.6M | ||
| Q2 24 | — | $349.2M | ||
| Q1 24 | — | $300.1M |
| Q4 25 | — | $488.7M | ||
| Q3 25 | $-144.1M | $445.5M | ||
| Q2 25 | $24.1M | $324.7M | ||
| Q1 25 | $-59.0M | $290.2M | ||
| Q4 24 | — | $416.4M | ||
| Q3 24 | — | $415.0M | ||
| Q2 24 | — | $340.6M | ||
| Q1 24 | — | $295.9M |
| Q4 25 | — | 59.4% | ||
| Q3 25 | -19.0% | 56.2% | ||
| Q2 25 | 4.1% | 42.0% | ||
| Q1 25 | -9.4% | 38.9% | ||
| Q4 24 | — | 56.0% | ||
| Q3 24 | — | 57.3% | ||
| Q2 24 | — | 48.1% | ||
| Q1 24 | — | 43.5% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | 2.1% | 0.5% | ||
| Q2 25 | 2.8% | 1.5% | ||
| Q1 25 | 1.6% | 1.5% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | 1.76× | ||
| Q3 25 | -11.04× | 1.38× | ||
| Q2 25 | 90.37× | 1.11× | ||
| Q1 25 | -3.13× | 1.05× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | — | 1.50× | ||
| Q2 24 | — | 1.31× | ||
| Q1 24 | — | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
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% |
