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Side-by-side financial comparison of MSCI Inc. (MSCI) and Noble Corp plc (NE). Click either name above to swap in a different company.
MSCI Inc. is the larger business by last-quarter revenue ($822.5M vs $764.4M, roughly 1.1× Noble Corp plc). MSCI Inc. runs the higher net margin — 34.6% vs 11.3%, a 23.3% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs -17.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $35.4M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% CAGR vs 9.5%).
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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
MSCI vs NE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $822.5M | $764.4M |
| Net Profit | $284.7M | $86.6M |
| Gross Margin | — | — |
| Operating Margin | 56.4% | 5.6% |
| Net Margin | 34.6% | 11.3% |
| Revenue YoY | 10.6% | -17.6% |
| Net Profit YoY | -6.8% | -10.4% |
| EPS (diluted) | $3.81 | $0.54 |
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 | $764.4M | ||
| Q3 25 | $793.4M | $798.0M | ||
| Q2 25 | $772.7M | $848.7M | ||
| Q1 25 | $745.8M | $874.5M | ||
| Q4 24 | $743.5M | $927.3M | ||
| Q3 24 | $724.7M | $800.5M | ||
| Q2 24 | $707.9M | $692.8M | ||
| Q1 24 | $680.0M | $637.1M |
| Q4 25 | $284.7M | $86.6M | ||
| Q3 25 | $325.4M | $-21.1M | ||
| Q2 25 | $303.6M | $42.9M | ||
| Q1 25 | $288.6M | $108.3M | ||
| Q4 24 | $305.5M | $96.6M | ||
| Q3 24 | $280.9M | $61.2M | ||
| Q2 24 | $266.8M | $195.0M | ||
| Q1 24 | $256.0M | $95.5M |
| Q4 25 | 56.4% | 5.6% | ||
| Q3 25 | 56.4% | 6.3% | ||
| Q2 25 | 55.0% | 15.9% | ||
| Q1 25 | 50.6% | 21.4% | ||
| Q4 24 | 54.5% | 18.4% | ||
| Q3 24 | 55.4% | 14.4% | ||
| Q2 24 | 54.0% | 30.3% | ||
| Q1 24 | 49.9% | 16.9% |
| Q4 25 | 34.6% | 11.3% | ||
| Q3 25 | 41.0% | -2.6% | ||
| Q2 25 | 39.3% | 5.1% | ||
| Q1 25 | 38.7% | 12.4% | ||
| Q4 24 | 41.1% | 10.4% | ||
| Q3 24 | 38.8% | 7.6% | ||
| Q2 24 | 37.7% | 28.1% | ||
| Q1 24 | 37.6% | 15.0% |
| Q4 25 | $3.81 | $0.54 | ||
| Q3 25 | $4.25 | $-0.13 | ||
| Q2 25 | $3.92 | $0.27 | ||
| Q1 25 | $3.71 | $0.67 | ||
| Q4 24 | $3.89 | $0.56 | ||
| Q3 24 | $3.57 | $0.40 | ||
| Q2 24 | $3.37 | $1.34 | ||
| Q1 24 | $3.22 | $0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $515.3M | $471.4M |
| Total DebtLower is stronger | $6.2B | — |
| Stockholders' EquityBook value | $-2.7B | $4.5B |
| Total Assets | $5.7B | $7.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $515.3M | $471.4M | ||
| Q3 25 | $400.1M | $477.9M | ||
| Q2 25 | $347.3M | $338.2M | ||
| Q1 25 | $360.7M | $303.8M | ||
| Q4 24 | $409.4M | $247.3M | ||
| Q3 24 | $501.0M | $391.9M | ||
| Q2 24 | $451.4M | $162.9M | ||
| Q1 24 | $519.3M | $212.5M |
| 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 | $4.5B | ||
| Q3 25 | $-1.9B | $4.5B | ||
| Q2 25 | $-886.2M | $4.6B | ||
| Q1 25 | $-958.6M | $4.7B | ||
| Q4 24 | $-940.0M | $4.7B | ||
| Q3 24 | $-751.0M | $4.7B | ||
| Q2 24 | $-734.5M | $4.0B | ||
| Q1 24 | $-650.5M | $3.9B |
| Q4 25 | $5.7B | $7.5B | ||
| Q3 25 | $5.4B | $7.6B | ||
| Q2 25 | $5.4B | $7.7B | ||
| Q1 25 | $5.3B | $7.9B | ||
| Q4 24 | $5.4B | $8.0B | ||
| Q3 24 | $5.4B | $8.0B | ||
| Q2 24 | $5.5B | $5.6B | ||
| Q1 24 | $5.5B | $5.4B |
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 | $501.1M | $187.1M |
| Free Cash FlowOCF − Capex | $488.7M | $35.4M |
| FCF MarginFCF / Revenue | 59.4% | 4.6% |
| Capex IntensityCapex / Revenue | 1.5% | 19.9% |
| Cash ConversionOCF / Net Profit | 1.76× | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $501.1M | $187.1M | ||
| Q3 25 | $449.4M | $277.1M | ||
| Q2 25 | $336.1M | $216.4M | ||
| Q1 25 | $301.7M | $271.1M | ||
| Q4 24 | $430.6M | $136.2M | ||
| Q3 24 | $421.6M | $283.8M | ||
| Q2 24 | $349.2M | $106.8M | ||
| Q1 24 | $300.1M | $128.7M |
| Q4 25 | $488.7M | $35.4M | ||
| Q3 25 | $445.5M | $139.5M | ||
| Q2 25 | $324.7M | $99.8M | ||
| Q1 25 | $290.2M | $157.5M | ||
| Q4 24 | $416.4M | $-4.4M | ||
| Q3 24 | $415.0M | $156.8M | ||
| Q2 24 | $340.6M | $-34.3M | ||
| Q1 24 | $295.9M | $-37.9M |
| Q4 25 | 59.4% | 4.6% | ||
| Q3 25 | 56.2% | 17.5% | ||
| Q2 25 | 42.0% | 11.8% | ||
| Q1 25 | 38.9% | 18.0% | ||
| Q4 24 | 56.0% | -0.5% | ||
| Q3 24 | 57.3% | 19.6% | ||
| Q2 24 | 48.1% | -4.9% | ||
| Q1 24 | 43.5% | -6.0% |
| Q4 25 | 1.5% | 19.9% | ||
| Q3 25 | 0.5% | 17.3% | ||
| Q2 25 | 1.5% | 13.7% | ||
| Q1 25 | 1.5% | 13.0% | ||
| Q4 24 | 1.9% | 15.2% | ||
| Q3 24 | 0.9% | 15.9% | ||
| Q2 24 | 1.2% | 20.4% | ||
| Q1 24 | 0.6% | 26.2% |
| Q4 25 | 1.76× | 2.16× | ||
| Q3 25 | 1.38× | — | ||
| Q2 25 | 1.11× | 5.05× | ||
| Q1 25 | 1.05× | 2.50× | ||
| Q4 24 | 1.41× | 1.41× | ||
| Q3 24 | 1.50× | 4.64× | ||
| Q2 24 | 1.31× | 0.55× | ||
| Q1 24 | 1.17× | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
