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Side-by-side financial comparison of Huron Consulting Group Inc. (HURN) 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 $442.0M, roughly 1.9× Huron Consulting Group Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 6.9%, a 27.7% gap on every dollar of revenue. On growth, Huron Consulting 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 $123.8M). Over the past eight quarters, Huron Consulting Group Inc.'s revenue compounded faster (10.3% CAGR vs 10.0%).
Huron Consulting Group, commonly known as Huron, is a management consulting firm offering services to the healthcare, life sciences, commercial, and higher education industries.
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.
HURN vs MSCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $442.0M | $822.5M |
| Net Profit | $30.7M | $284.7M |
| Gross Margin | — | — |
| Operating Margin | 11.4% | 56.4% |
| Net Margin | 6.9% | 34.6% |
| Revenue YoY | 10.7% | 10.6% |
| Net Profit YoY | -9.8% | -6.8% |
| EPS (diluted) | $1.71 | $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 | $442.0M | $822.5M | ||
| Q3 25 | $441.3M | $793.4M | ||
| Q2 25 | $411.8M | $772.7M | ||
| Q1 25 | $404.1M | $745.8M | ||
| Q4 24 | $399.3M | $743.5M | ||
| Q3 24 | $378.1M | $724.7M | ||
| Q2 24 | $381.0M | $707.9M | ||
| Q1 24 | $363.4M | $680.0M |
| Q4 25 | $30.7M | $284.7M | ||
| Q3 25 | $30.4M | $325.4M | ||
| Q2 25 | $19.4M | $303.6M | ||
| Q1 25 | $24.5M | $288.6M | ||
| Q4 24 | $34.0M | $305.5M | ||
| Q3 24 | $27.1M | $280.9M | ||
| Q2 24 | $37.5M | $266.8M | ||
| Q1 24 | $18.0M | $256.0M |
| Q4 25 | 11.4% | 56.4% | ||
| Q3 25 | 11.3% | 56.4% | ||
| Q2 25 | 11.1% | 55.0% | ||
| Q1 25 | 8.1% | 50.6% | ||
| Q4 24 | 11.8% | 54.5% | ||
| Q3 24 | 11.2% | 55.4% | ||
| Q2 24 | 15.6% | 54.0% | ||
| Q1 24 | 5.5% | 49.9% |
| Q4 25 | 6.9% | 34.6% | ||
| Q3 25 | 6.9% | 41.0% | ||
| Q2 25 | 4.7% | 39.3% | ||
| Q1 25 | 6.1% | 38.7% | ||
| Q4 24 | 8.5% | 41.1% | ||
| Q3 24 | 7.2% | 38.8% | ||
| Q2 24 | 9.8% | 37.7% | ||
| Q1 24 | 5.0% | 37.6% |
| Q4 25 | $1.71 | $3.81 | ||
| Q3 25 | $1.71 | $4.25 | ||
| Q2 25 | $1.09 | $3.92 | ||
| Q1 25 | $1.33 | $3.71 | ||
| Q4 24 | $1.82 | $3.89 | ||
| Q3 24 | $1.47 | $3.57 | ||
| Q2 24 | $2.03 | $3.37 | ||
| Q1 24 | $0.95 | $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 | $24.5M | $515.3M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $528.6M | $-2.7B |
| Total Assets | $1.5B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.5M | $515.3M | ||
| Q3 25 | $23.9M | $400.1M | ||
| Q2 25 | $61.0M | $347.3M | ||
| Q1 25 | $23.4M | $360.7M | ||
| Q4 24 | $21.9M | $409.4M | ||
| Q3 24 | $18.5M | $501.0M | ||
| Q2 24 | $17.6M | $451.4M | ||
| Q1 24 | $18.6M | $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 | $528.6M | $-2.7B | ||
| Q3 25 | $499.8M | $-1.9B | ||
| Q2 25 | $475.0M | $-886.2M | ||
| Q1 25 | $494.3M | $-958.6M | ||
| Q4 24 | $561.3M | $-940.0M | ||
| Q3 24 | $522.8M | $-751.0M | ||
| Q2 24 | $500.6M | $-734.5M | ||
| Q1 24 | $495.6M | $-650.5M |
| Q4 25 | $1.5B | $5.7B | ||
| Q3 25 | $1.5B | $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 | $1.3B | $5.5B | ||
| Q1 24 | $1.3B | $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 | $126.4M | $501.1M |
| Free Cash FlowOCF − Capex | $123.8M | $488.7M |
| FCF MarginFCF / Revenue | 28.0% | 59.4% |
| Capex IntensityCapex / Revenue | 0.6% | 1.5% |
| Cash ConversionOCF / Net Profit | 4.12× | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $183.0M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $126.4M | $501.1M | ||
| Q3 25 | $93.8M | $449.4M | ||
| Q2 25 | $80.0M | $336.1M | ||
| Q1 25 | $-106.8M | $301.7M | ||
| Q4 24 | $139.6M | $430.6M | ||
| Q3 24 | $85.2M | $421.6M | ||
| Q2 24 | $107.2M | $349.2M | ||
| Q1 24 | $-130.7M | $300.1M |
| Q4 25 | $123.8M | $488.7M | ||
| Q3 25 | $89.8M | $445.5M | ||
| Q2 25 | $78.0M | $324.7M | ||
| Q1 25 | $-108.7M | $290.2M | ||
| Q4 24 | $137.0M | $416.4M | ||
| Q3 24 | $82.8M | $415.0M | ||
| Q2 24 | $104.7M | $340.6M | ||
| Q1 24 | $-131.9M | $295.9M |
| Q4 25 | 28.0% | 59.4% | ||
| Q3 25 | 20.3% | 56.2% | ||
| Q2 25 | 18.9% | 42.0% | ||
| Q1 25 | -26.9% | 38.9% | ||
| Q4 24 | 34.3% | 56.0% | ||
| Q3 24 | 21.9% | 57.3% | ||
| Q2 24 | 27.5% | 48.1% | ||
| Q1 24 | -36.3% | 43.5% |
| Q4 25 | 0.6% | 1.5% | ||
| Q3 25 | 0.9% | 0.5% | ||
| Q2 25 | 0.5% | 1.5% | ||
| Q1 25 | 0.5% | 1.5% | ||
| Q4 24 | 0.7% | 1.9% | ||
| Q3 24 | 0.6% | 0.9% | ||
| Q2 24 | 0.6% | 1.2% | ||
| Q1 24 | 0.3% | 0.6% |
| Q4 25 | 4.12× | 1.76× | ||
| Q3 25 | 3.08× | 1.38× | ||
| Q2 25 | 4.12× | 1.11× | ||
| Q1 25 | -4.35× | 1.05× | ||
| Q4 24 | 4.11× | 1.41× | ||
| Q3 24 | 3.14× | 1.50× | ||
| Q2 24 | 2.86× | 1.31× | ||
| Q1 24 | -7.26× | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HURN
| Consulting And Managed Services Capability | $172.9M | 39% |
| Education | $118.7M | 27% |
| Commercial | $91.9M | 21% |
| Digital Capability | $54.6M | 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% |
