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Side-by-side financial comparison of MSCI Inc. (MSCI) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
MSCI Inc. is the larger business by last-quarter revenue ($822.5M vs $809.5M, roughly 1.0× Construction Partners, Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 2.1%, a 32.5% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $47.1M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% 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.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
MSCI vs ROAD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $822.5M | $809.5M |
| Net Profit | $284.7M | $17.2M |
| Gross Margin | — | 15.0% |
| Operating Margin | 56.4% | 6.2% |
| Net Margin | 34.6% | 2.1% |
| Revenue YoY | 10.6% | 44.1% |
| Net Profit YoY | -6.8% | 663.9% |
| EPS (diluted) | $3.81 | $0.31 |
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 | $809.5M | ||
| Q3 25 | $793.4M | $899.8M | ||
| Q2 25 | $772.7M | $779.3M | ||
| Q1 25 | $745.8M | $571.6M | ||
| Q4 24 | $743.5M | $561.6M | ||
| Q3 24 | $724.7M | $538.2M | ||
| Q2 24 | $707.9M | $517.8M | ||
| Q1 24 | $680.0M | $371.4M |
| Q4 25 | $284.7M | $17.2M | ||
| Q3 25 | $325.4M | $56.6M | ||
| Q2 25 | $303.6M | $44.0M | ||
| Q1 25 | $288.6M | $4.2M | ||
| Q4 24 | $305.5M | $-3.1M | ||
| Q3 24 | $280.9M | $29.3M | ||
| Q2 24 | $266.8M | $30.9M | ||
| Q1 24 | $256.0M | $-1.1M |
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | — | 10.4% |
| Q4 25 | 56.4% | 6.2% | ||
| Q3 25 | 56.4% | 11.2% | ||
| Q2 25 | 55.0% | 10.6% | ||
| Q1 25 | 50.6% | 4.8% | ||
| Q4 24 | 54.5% | 2.5% | ||
| Q3 24 | 55.4% | 8.5% | ||
| Q2 24 | 54.0% | 8.8% | ||
| Q1 24 | 49.9% | 0.8% |
| Q4 25 | 34.6% | 2.1% | ||
| Q3 25 | 41.0% | 6.3% | ||
| Q2 25 | 39.3% | 5.7% | ||
| Q1 25 | 38.7% | 0.7% | ||
| Q4 24 | 41.1% | -0.5% | ||
| Q3 24 | 38.8% | 5.4% | ||
| Q2 24 | 37.7% | 6.0% | ||
| Q1 24 | 37.6% | -0.3% |
| Q4 25 | $3.81 | $0.31 | ||
| Q3 25 | $4.25 | $1.03 | ||
| Q2 25 | $3.92 | $0.79 | ||
| Q1 25 | $3.71 | $0.08 | ||
| Q4 24 | $3.89 | $-0.06 | ||
| Q3 24 | $3.57 | $0.55 | ||
| Q2 24 | $3.37 | $0.59 | ||
| Q1 24 | $3.22 | $-0.02 |
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 | $104.1M |
| Total DebtLower is stronger | $6.2B | — |
| Stockholders' EquityBook value | $-2.7B | $969.1M |
| Total Assets | $5.7B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $515.3M | $104.1M | ||
| Q3 25 | $400.1M | $156.1M | ||
| Q2 25 | $347.3M | $114.3M | ||
| Q1 25 | $360.7M | $101.9M | ||
| Q4 24 | $409.4M | $132.5M | ||
| Q3 24 | $501.0M | $74.7M | ||
| Q2 24 | $451.4M | $56.3M | ||
| Q1 24 | $519.3M | $48.0M |
| Q4 25 | $6.2B | — | ||
| Q3 25 | $5.5B | $1.6B | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | $515.0M | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-2.7B | $969.1M | ||
| Q3 25 | $-1.9B | $912.0M | ||
| Q2 25 | $-886.2M | $853.3M | ||
| Q1 25 | $-958.6M | $807.9M | ||
| Q4 24 | $-940.0M | $811.1M | ||
| Q3 24 | $-751.0M | $573.7M | ||
| Q2 24 | $-734.5M | $552.9M | ||
| Q1 24 | $-650.5M | $525.0M |
| Q4 25 | $5.7B | $3.4B | ||
| Q3 25 | $5.4B | $3.2B | ||
| Q2 25 | $5.4B | $2.9B | ||
| Q1 25 | $5.3B | $2.8B | ||
| Q4 24 | $5.4B | $2.6B | ||
| Q3 24 | $5.4B | $1.5B | ||
| Q2 24 | $5.5B | $1.4B | ||
| Q1 24 | $5.5B | $1.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.90× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $501.1M | $82.6M |
| Free Cash FlowOCF − Capex | $488.7M | $47.1M |
| FCF MarginFCF / Revenue | 59.4% | 5.8% |
| Capex IntensityCapex / Revenue | 1.5% | 4.4% |
| Cash ConversionOCF / Net Profit | 1.76× | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $501.1M | $82.6M | ||
| Q3 25 | $449.4M | $112.0M | ||
| Q2 25 | $336.1M | $83.0M | ||
| Q1 25 | $301.7M | $55.6M | ||
| Q4 24 | $430.6M | $40.7M | ||
| Q3 24 | $421.6M | $95.9M | ||
| Q2 24 | $349.2M | $34.6M | ||
| Q1 24 | $300.1M | $18.2M |
| Q4 25 | $488.7M | $47.1M | ||
| Q3 25 | $445.5M | $78.9M | ||
| Q2 25 | $324.7M | $46.4M | ||
| Q1 25 | $290.2M | $14.2M | ||
| Q4 24 | $416.4M | $13.8M | ||
| Q3 24 | $415.0M | $78.4M | ||
| Q2 24 | $340.6M | $19.7M | ||
| Q1 24 | $295.9M | $-10.6M |
| Q4 25 | 59.4% | 5.8% | ||
| Q3 25 | 56.2% | 8.8% | ||
| Q2 25 | 42.0% | 5.9% | ||
| Q1 25 | 38.9% | 2.5% | ||
| Q4 24 | 56.0% | 2.5% | ||
| Q3 24 | 57.3% | 14.6% | ||
| Q2 24 | 48.1% | 3.8% | ||
| Q1 24 | 43.5% | -2.8% |
| Q4 25 | 1.5% | 4.4% | ||
| Q3 25 | 0.5% | 3.7% | ||
| Q2 25 | 1.5% | 4.7% | ||
| Q1 25 | 1.5% | 7.2% | ||
| Q4 24 | 1.9% | 4.8% | ||
| Q3 24 | 0.9% | 3.3% | ||
| Q2 24 | 1.2% | 2.9% | ||
| Q1 24 | 0.6% | 7.7% |
| Q4 25 | 1.76× | 4.80× | ||
| Q3 25 | 1.38× | 1.98× | ||
| Q2 25 | 1.11× | 1.88× | ||
| Q1 25 | 1.05× | 13.20× | ||
| Q4 24 | 1.41× | — | ||
| Q3 24 | 1.50× | 3.27× | ||
| Q2 24 | 1.31× | 1.12× | ||
| Q1 24 | 1.17× | — |
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% |
ROAD
Segment breakdown not available.
