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Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) 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 $518.0M, roughly 1.6× Distribution Solutions Group, Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 1.2%, a 33.4% gap on every dollar of revenue. On growth, Distribution Solutions Group, Inc. posted the faster year-over-year revenue change (10.7% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $32.9M). Over the past eight quarters, Distribution Solutions Group, Inc.'s revenue compounded faster (13.1% CAGR vs 10.0%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
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.
DSGR vs MSCI — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $518.0M | $822.5M |
| Net Profit | $6.5M | $284.7M |
| Gross Margin | 32.9% | — |
| Operating Margin | 4.6% | 56.4% |
| Net Margin | 1.2% | 34.6% |
| Revenue YoY | 10.7% | 10.6% |
| Net Profit YoY | -70.6% | -6.8% |
| EPS (diluted) | $0.14 | $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 | $518.0M | $793.4M | ||
| Q2 25 | $502.4M | $772.7M | ||
| Q1 25 | $478.0M | $745.8M | ||
| Q4 24 | $480.5M | $743.5M | ||
| Q3 24 | $468.0M | $724.7M | ||
| Q2 24 | $439.5M | $707.9M | ||
| Q1 24 | $416.1M | $680.0M |
| Q4 25 | — | $284.7M | ||
| Q3 25 | $6.5M | $325.4M | ||
| Q2 25 | $5.0M | $303.6M | ||
| Q1 25 | $3.3M | $288.6M | ||
| Q4 24 | $-25.9M | $305.5M | ||
| Q3 24 | $21.9M | $280.9M | ||
| Q2 24 | $1.9M | $266.8M | ||
| Q1 24 | $-5.2M | $256.0M |
| Q4 25 | — | — | ||
| Q3 25 | 32.9% | — | ||
| Q2 25 | 33.9% | — | ||
| Q1 25 | 34.3% | — | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 33.9% | — | ||
| Q2 24 | 34.5% | — | ||
| Q1 24 | 34.5% | — |
| Q4 25 | — | 56.4% | ||
| Q3 25 | 4.6% | 56.4% | ||
| Q2 25 | 5.3% | 55.0% | ||
| Q1 25 | 4.2% | 50.6% | ||
| Q4 24 | 4.2% | 54.5% | ||
| Q3 24 | 4.0% | 55.4% | ||
| Q2 24 | 3.2% | 54.0% | ||
| Q1 24 | 0.7% | 49.9% |
| Q4 25 | — | 34.6% | ||
| Q3 25 | 1.2% | 41.0% | ||
| Q2 25 | 1.0% | 39.3% | ||
| Q1 25 | 0.7% | 38.7% | ||
| Q4 24 | -5.4% | 41.1% | ||
| Q3 24 | 4.7% | 38.8% | ||
| Q2 24 | 0.4% | 37.7% | ||
| Q1 24 | -1.3% | 37.6% |
| Q4 25 | — | $3.81 | ||
| Q3 25 | $0.14 | $4.25 | ||
| Q2 25 | $0.11 | $3.92 | ||
| Q1 25 | $0.07 | $3.71 | ||
| Q4 24 | $-0.55 | $3.89 | ||
| Q3 24 | $0.46 | $3.57 | ||
| Q2 24 | $0.04 | $3.37 | ||
| Q1 24 | $-0.11 | $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 | $69.2M | $515.3M |
| Total DebtLower is stronger | $665.5M | $6.2B |
| Stockholders' EquityBook value | $653.9M | $-2.7B |
| Total Assets | $1.8B | $5.7B |
| Debt / EquityLower = less leverage | 1.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $515.3M | ||
| Q3 25 | $69.2M | $400.1M | ||
| Q2 25 | $47.4M | $347.3M | ||
| Q1 25 | $65.4M | $360.7M | ||
| Q4 24 | $66.5M | $409.4M | ||
| Q3 24 | $61.3M | $501.0M | ||
| Q2 24 | $46.8M | $451.4M | ||
| Q1 24 | $73.1M | $519.3M |
| Q4 25 | — | $6.2B | ||
| Q3 25 | $665.5M | $5.5B | ||
| Q2 25 | $675.0M | $4.5B | ||
| Q1 25 | $712.4M | $4.5B | ||
| Q4 24 | $693.9M | $4.5B | ||
| Q3 24 | $704.1M | $4.5B | ||
| Q2 24 | $573.7M | $4.5B | ||
| Q1 24 | $535.7M | $4.5B |
| Q4 25 | — | $-2.7B | ||
| Q3 25 | $653.9M | $-1.9B | ||
| Q2 25 | $649.4M | $-886.2M | ||
| Q1 25 | $636.7M | $-958.6M | ||
| Q4 24 | $640.5M | $-940.0M | ||
| Q3 24 | $680.8M | $-751.0M | ||
| Q2 24 | $653.3M | $-734.5M | ||
| Q1 24 | $654.7M | $-650.5M |
| Q4 25 | — | $5.7B | ||
| Q3 25 | $1.8B | $5.4B | ||
| Q2 25 | $1.8B | $5.4B | ||
| Q1 25 | $1.8B | $5.3B | ||
| Q4 24 | $1.7B | $5.4B | ||
| Q3 24 | $1.8B | $5.4B | ||
| Q2 24 | $1.6B | $5.5B | ||
| Q1 24 | $1.5B | $5.5B |
| Q4 25 | — | — | ||
| Q3 25 | 1.02× | — | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | 1.12× | — | ||
| Q4 24 | 1.08× | — | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.82× | — |
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 | $38.4M | $501.1M |
| Free Cash FlowOCF − Capex | $32.9M | $488.7M |
| FCF MarginFCF / Revenue | 6.3% | 59.4% |
| Capex IntensityCapex / Revenue | 1.1% | 1.5% |
| Cash ConversionOCF / Net Profit | 5.95× | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $92.2M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $501.1M | ||
| Q3 25 | $38.4M | $449.4M | ||
| Q2 25 | $33.3M | $336.1M | ||
| Q1 25 | $-4.8M | $301.7M | ||
| Q4 24 | $45.7M | $430.6M | ||
| Q3 24 | $-17.3M | $421.6M | ||
| Q2 24 | $21.4M | $349.2M | ||
| Q1 24 | $6.6M | $300.1M |
| Q4 25 | — | $488.7M | ||
| Q3 25 | $32.9M | $445.5M | ||
| Q2 25 | $28.7M | $324.7M | ||
| Q1 25 | $-10.4M | $290.2M | ||
| Q4 24 | $41.1M | $416.4M | ||
| Q3 24 | $-20.5M | $415.0M | ||
| Q2 24 | $18.0M | $340.6M | ||
| Q1 24 | $4.2M | $295.9M |
| Q4 25 | — | 59.4% | ||
| Q3 25 | 6.3% | 56.2% | ||
| Q2 25 | 5.7% | 42.0% | ||
| Q1 25 | -2.2% | 38.9% | ||
| Q4 24 | 8.6% | 56.0% | ||
| Q3 24 | -4.4% | 57.3% | ||
| Q2 24 | 4.1% | 48.1% | ||
| Q1 24 | 1.0% | 43.5% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | 1.1% | 0.5% | ||
| Q2 25 | 0.9% | 1.5% | ||
| Q1 25 | 1.2% | 1.5% | ||
| Q4 24 | 1.0% | 1.9% | ||
| Q3 24 | 0.7% | 0.9% | ||
| Q2 24 | 0.8% | 1.2% | ||
| Q1 24 | 0.6% | 0.6% |
| Q4 25 | — | 1.76× | ||
| Q3 25 | 5.95× | 1.38× | ||
| Q2 25 | 6.66× | 1.11× | ||
| Q1 25 | -1.46× | 1.05× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | -0.79× | 1.50× | ||
| Q2 24 | 11.28× | 1.31× | ||
| Q1 24 | — | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DSGR
| Test Equity Segment | $206.5M | 40% |
| Gexpro Services Segment | $130.5M | 25% |
| Lawson Segment | $121.5M | 23% |
| Canada Branch Division Segment | $60.0M | 12% |
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% |
