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Side-by-side financial comparison of MSCI Inc. (MSCI) and PHINIA INC. (PHIN). Click either name above to swap in a different company.
PHINIA INC. is the larger business by last-quarter revenue ($889.0M vs $822.5M, roughly 1.1× MSCI Inc.). On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs 6.7%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $67.0M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% CAGR vs 1.5%).
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.
PHINIA Inc. is a global automotive technology provider specializing in fuel injection systems, starters, alternators, and hybrid/electric vehicle components. It serves OEMs and aftermarket customers across North America, Europe, Asia Pacific and key markets, covering passenger car, commercial vehicle and industrial mobility segments.
MSCI vs PHIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $822.5M | $889.0M |
| Net Profit | $284.7M | — |
| Gross Margin | — | 21.7% |
| Operating Margin | 56.4% | 7.8% |
| Net Margin | 34.6% | — |
| Revenue YoY | 10.6% | 6.7% |
| Net Profit YoY | -6.8% | — |
| EPS (diluted) | $3.81 | $1.14 |
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 | $889.0M | ||
| Q3 25 | $793.4M | $908.0M | ||
| Q2 25 | $772.7M | $890.0M | ||
| Q1 25 | $745.8M | $796.0M | ||
| Q4 24 | $743.5M | $833.0M | ||
| Q3 24 | $724.7M | $839.0M | ||
| Q2 24 | $707.9M | $868.0M | ||
| Q1 24 | $680.0M | $863.0M |
| Q4 25 | $284.7M | — | ||
| Q3 25 | $325.4M | $13.0M | ||
| Q2 25 | $303.6M | $46.0M | ||
| Q1 25 | $288.6M | $26.0M | ||
| Q4 24 | $305.5M | — | ||
| Q3 24 | $280.9M | $31.0M | ||
| Q2 24 | $266.8M | $14.0M | ||
| Q1 24 | $256.0M | $29.0M |
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 22.0% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | — | 22.7% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 21.7% | ||
| Q1 24 | — | 22.2% |
| Q4 25 | 56.4% | 7.8% | ||
| Q3 25 | 56.4% | 3.7% | ||
| Q2 25 | 55.0% | 10.0% | ||
| Q1 25 | 50.6% | 7.8% | ||
| Q4 24 | 54.5% | 6.1% | ||
| Q3 24 | 55.4% | 7.9% | ||
| Q2 24 | 54.0% | 8.2% | ||
| Q1 24 | 49.9% | 8.2% |
| Q4 25 | 34.6% | — | ||
| Q3 25 | 41.0% | 1.4% | ||
| Q2 25 | 39.3% | 5.2% | ||
| Q1 25 | 38.7% | 3.3% | ||
| Q4 24 | 41.1% | — | ||
| Q3 24 | 38.8% | 3.7% | ||
| Q2 24 | 37.7% | 1.6% | ||
| Q1 24 | 37.6% | 3.4% |
| Q4 25 | $3.81 | $1.14 | ||
| Q3 25 | $4.25 | $0.33 | ||
| Q2 25 | $3.92 | $1.14 | ||
| Q1 25 | $3.71 | $0.63 | ||
| Q4 24 | $3.89 | $0.13 | ||
| Q3 24 | $3.57 | $0.70 | ||
| Q2 24 | $3.37 | $0.31 | ||
| Q1 24 | $3.22 | $0.62 |
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 | $359.0M |
| Total DebtLower is stronger | $6.2B | $970.0M |
| Stockholders' EquityBook value | $-2.7B | $1.6B |
| Total Assets | $5.7B | $3.8B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $515.3M | $359.0M | ||
| Q3 25 | $400.1M | $349.0M | ||
| Q2 25 | $347.3M | $347.0M | ||
| Q1 25 | $360.7M | $373.0M | ||
| Q4 24 | $409.4M | $484.0M | ||
| Q3 24 | $501.0M | $477.0M | ||
| Q2 24 | $451.4M | $339.0M | ||
| Q1 24 | $519.3M | $325.0M |
| Q4 25 | $6.2B | $970.0M | ||
| Q3 25 | $5.5B | $990.0M | ||
| Q2 25 | $4.5B | $990.0M | ||
| Q1 25 | $4.5B | $989.0M | ||
| Q4 24 | $4.5B | $988.0M | ||
| Q3 24 | $4.5B | $987.0M | ||
| Q2 24 | $4.5B | $821.0M | ||
| Q1 24 | $4.5B | $706.0M |
| Q4 25 | $-2.7B | $1.6B | ||
| Q3 25 | $-1.9B | $1.6B | ||
| Q2 25 | $-886.2M | $1.6B | ||
| Q1 25 | $-958.6M | $1.5B | ||
| Q4 24 | $-940.0M | $1.6B | ||
| Q3 24 | $-751.0M | $1.7B | ||
| Q2 24 | $-734.5M | $1.7B | ||
| Q1 24 | $-650.5M | $1.9B |
| Q4 25 | $5.7B | $3.8B | ||
| Q3 25 | $5.4B | $4.0B | ||
| Q2 25 | $5.4B | $3.9B | ||
| Q1 25 | $5.3B | $3.7B | ||
| Q4 24 | $5.4B | $3.8B | ||
| Q3 24 | $5.4B | $4.0B | ||
| Q2 24 | $5.5B | $3.9B | ||
| Q1 24 | $5.5B | $4.0B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.62× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.38× |
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 | $96.0M |
| Free Cash FlowOCF − Capex | $488.7M | $67.0M |
| FCF MarginFCF / Revenue | 59.4% | 7.5% |
| Capex IntensityCapex / Revenue | 1.5% | 3.3% |
| Cash ConversionOCF / Net Profit | 1.76× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $188.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $501.1M | $96.0M | ||
| Q3 25 | $449.4M | $119.0M | ||
| Q2 25 | $336.1M | $57.0M | ||
| Q1 25 | $301.7M | $40.0M | ||
| Q4 24 | $430.6M | $73.0M | ||
| Q3 24 | $421.6M | $95.0M | ||
| Q2 24 | $349.2M | $109.0M | ||
| Q1 24 | $300.1M | $31.0M |
| Q4 25 | $488.7M | $67.0M | ||
| Q3 25 | $445.5M | $93.0M | ||
| Q2 25 | $324.7M | $23.0M | ||
| Q1 25 | $290.2M | $5.0M | ||
| Q4 24 | $416.4M | $53.0M | ||
| Q3 24 | $415.0M | $70.0M | ||
| Q2 24 | $340.6M | $92.0M | ||
| Q1 24 | $295.9M | $-12.0M |
| Q4 25 | 59.4% | 7.5% | ||
| Q3 25 | 56.2% | 10.2% | ||
| Q2 25 | 42.0% | 2.6% | ||
| Q1 25 | 38.9% | 0.6% | ||
| Q4 24 | 56.0% | 6.4% | ||
| Q3 24 | 57.3% | 8.3% | ||
| Q2 24 | 48.1% | 10.6% | ||
| Q1 24 | 43.5% | -1.4% |
| Q4 25 | 1.5% | 3.3% | ||
| Q3 25 | 0.5% | 2.9% | ||
| Q2 25 | 1.5% | 3.8% | ||
| Q1 25 | 1.5% | 4.4% | ||
| Q4 24 | 1.9% | 2.4% | ||
| Q3 24 | 0.9% | 3.0% | ||
| Q2 24 | 1.2% | 2.0% | ||
| Q1 24 | 0.6% | 5.0% |
| Q4 25 | 1.76× | — | ||
| Q3 25 | 1.38× | 9.15× | ||
| Q2 25 | 1.11× | 1.24× | ||
| Q1 25 | 1.05× | 1.54× | ||
| Q4 24 | 1.41× | — | ||
| Q3 24 | 1.50× | 3.06× | ||
| Q2 24 | 1.31× | 7.79× | ||
| Q1 24 | 1.17× | 1.07× |
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% |
PHIN
| Customer | $618.0M | 70% |
| Fuel Systems | $194.0M | 22% |
| Other | $77.0M | 9% |
