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Side-by-side financial comparison of Everus Construction Group, Inc. (ECG) and MSCI Inc. (MSCI). Click either name above to swap in a different company.

Everus Construction Group, Inc. is the larger business by last-quarter revenue ($1.0B vs $822.5M, roughly 1.2× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 5.5%, a 29.1% gap on every dollar of revenue. On growth, Everus Construction Group, Inc. posted the faster year-over-year revenue change (33.2% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $23.5M). Over the past eight quarters, Everus Construction Group, Inc.'s revenue compounded faster (27.1% CAGR vs 10.0%).

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.

ECG vs MSCI — Head-to-Head

Bigger by revenue
ECG
ECG
1.2× larger
ECG
$1.0B
$822.5M
MSCI
Growing faster (revenue YoY)
ECG
ECG
+22.5% gap
ECG
33.2%
10.6%
MSCI
Higher net margin
MSCI
MSCI
29.1% more per $
MSCI
34.6%
5.5%
ECG
More free cash flow
MSCI
MSCI
$465.2M more FCF
MSCI
$488.7M
$23.5M
ECG
Faster 2-yr revenue CAGR
ECG
ECG
Annualised
ECG
27.1%
10.0%
MSCI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ECG
ECG
MSCI
MSCI
Revenue
$1.0B
$822.5M
Net Profit
$55.3M
$284.7M
Gross Margin
11.6%
Operating Margin
6.8%
56.4%
Net Margin
5.5%
34.6%
Revenue YoY
33.2%
10.6%
Net Profit YoY
60.4%
-6.8%
EPS (diluted)
$1.09
$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.

Revenue
ECG
ECG
MSCI
MSCI
Q4 25
$1.0B
$822.5M
Q3 25
$986.8M
$793.4M
Q2 25
$921.5M
$772.7M
Q1 25
$826.6M
$745.8M
Q4 24
$759.6M
$743.5M
Q3 24
$761.0M
$724.7M
Q2 24
$703.4M
$707.9M
Q1 24
$625.7M
$680.0M
Net Profit
ECG
ECG
MSCI
MSCI
Q4 25
$55.3M
$284.7M
Q3 25
$57.0M
$325.4M
Q2 25
$52.8M
$303.6M
Q1 25
$36.7M
$288.6M
Q4 24
$34.5M
$305.5M
Q3 24
$41.8M
$280.9M
Q2 24
$39.0M
$266.8M
Q1 24
$28.2M
$256.0M
Gross Margin
ECG
ECG
MSCI
MSCI
Q4 25
11.6%
Q3 25
12.6%
Q2 25
13.0%
Q1 25
11.2%
Q4 24
11.4%
Q3 24
11.8%
Q2 24
12.6%
Q1 24
11.9%
Operating Margin
ECG
ECG
MSCI
MSCI
Q4 25
6.8%
56.4%
Q3 25
7.3%
56.4%
Q2 25
7.9%
55.0%
Q1 25
6.2%
50.6%
Q4 24
6.1%
54.5%
Q3 24
7.1%
55.4%
Q2 24
7.3%
54.0%
Q1 24
6.2%
49.9%
Net Margin
ECG
ECG
MSCI
MSCI
Q4 25
5.5%
34.6%
Q3 25
5.8%
41.0%
Q2 25
5.7%
39.3%
Q1 25
4.4%
38.7%
Q4 24
4.5%
41.1%
Q3 24
5.5%
38.8%
Q2 24
5.5%
37.7%
Q1 24
4.5%
37.6%
EPS (diluted)
ECG
ECG
MSCI
MSCI
Q4 25
$1.09
$3.81
Q3 25
$1.11
$4.25
Q2 25
$1.03
$3.92
Q1 25
$0.72
$3.71
Q4 24
$0.68
$3.89
Q3 24
$0.82
$3.57
Q2 24
$0.76
$3.37
Q1 24
$0.55
$3.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECG
ECG
MSCI
MSCI
Cash + ST InvestmentsLiquidity on hand
$515.3M
Total DebtLower is stronger
$281.5M
$6.2B
Stockholders' EquityBook value
$629.8M
$-2.7B
Total Assets
$1.7B
$5.7B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECG
ECG
MSCI
MSCI
Q4 25
$515.3M
Q3 25
$400.1M
Q2 25
$347.3M
Q1 25
$360.7M
Q4 24
$409.4M
Q3 24
$553.0K
$501.0M
Q2 24
$451.4M
Q1 24
$519.3M
Total Debt
ECG
ECG
MSCI
MSCI
Q4 25
$281.5M
$6.2B
Q3 25
$285.1M
$5.5B
Q2 25
$288.6M
$4.5B
Q1 25
$292.1M
$4.5B
Q4 24
$295.6M
$4.5B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.5B
Stockholders' Equity
ECG
ECG
MSCI
MSCI
Q4 25
$629.8M
$-2.7B
Q3 25
$573.0M
$-1.9B
Q2 25
$514.4M
$-886.2M
Q1 25
$460.2M
$-958.6M
Q4 24
$422.6M
$-940.0M
Q3 24
$453.3M
$-751.0M
Q2 24
$490.0M
$-734.5M
Q1 24
$464.3M
$-650.5M
Total Assets
ECG
ECG
MSCI
MSCI
Q4 25
$1.7B
$5.7B
Q3 25
$1.6B
$5.4B
Q2 25
$1.5B
$5.4B
Q1 25
$1.4B
$5.3B
Q4 24
$1.3B
$5.4B
Q3 24
$1.3B
$5.4B
Q2 24
$5.5B
Q1 24
$5.5B
Debt / Equity
ECG
ECG
MSCI
MSCI
Q4 25
0.45×
Q3 25
0.50×
Q2 25
0.56×
Q1 25
0.63×
Q4 24
0.70×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECG
ECG
MSCI
MSCI
Operating Cash FlowLast quarter
$48.2M
$501.1M
Free Cash FlowOCF − Capex
$23.5M
$488.7M
FCF MarginFCF / Revenue
2.3%
59.4%
Capex IntensityCapex / Revenue
2.4%
1.5%
Cash ConversionOCF / Net Profit
0.87×
1.76×
TTM Free Cash FlowTrailing 4 quarters
$90.0M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECG
ECG
MSCI
MSCI
Q4 25
$48.2M
$501.1M
Q3 25
$76.2M
$449.4M
Q2 25
$25.3M
$336.1M
Q1 25
$7.1M
$301.7M
Q4 24
$430.6M
Q3 24
$78.9M
$421.6M
Q2 24
$349.2M
Q1 24
$21.9M
$300.1M
Free Cash Flow
ECG
ECG
MSCI
MSCI
Q4 25
$23.5M
$488.7M
Q3 25
$65.7M
$445.5M
Q2 25
$12.3M
$324.7M
Q1 25
$-11.4M
$290.2M
Q4 24
$416.4M
Q3 24
$60.9M
$415.0M
Q2 24
$340.6M
Q1 24
$12.6M
$295.9M
FCF Margin
ECG
ECG
MSCI
MSCI
Q4 25
2.3%
59.4%
Q3 25
6.7%
56.2%
Q2 25
1.3%
42.0%
Q1 25
-1.4%
38.9%
Q4 24
56.0%
Q3 24
8.0%
57.3%
Q2 24
48.1%
Q1 24
2.0%
43.5%
Capex Intensity
ECG
ECG
MSCI
MSCI
Q4 25
2.4%
1.5%
Q3 25
1.1%
0.5%
Q2 25
1.4%
1.5%
Q1 25
2.2%
1.5%
Q4 24
1.9%
Q3 24
2.4%
0.9%
Q2 24
1.2%
Q1 24
1.5%
0.6%
Cash Conversion
ECG
ECG
MSCI
MSCI
Q4 25
0.87×
1.76×
Q3 25
1.34×
1.38×
Q2 25
0.48×
1.11×
Q1 25
0.19×
1.05×
Q4 24
1.41×
Q3 24
1.89×
1.50×
Q2 24
1.31×
Q1 24
0.77×
1.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECG
ECG

Commercial$594.5M59%
Utility$203.5M20%
Industrial$82.8M8%
Institutional$66.1M7%
Service And Other$28.4M3%
Transportation$24.2M2%
Renewables$19.8M2%

MSCI
MSCI

Recurring Subscriptions$246.4M30%
Asset Based Fees$211.7M26%
Analytics Segment$182.3M22%
Sustainability And Climate Segment$90.3M11%
Other$70.9M9%
Non Recurring$21.1M3%

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