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Side-by-side financial comparison of MSCI Inc. (MSCI) and RXO, Inc. (RXO). Click either name above to swap in a different company.
RXO, Inc. is the larger business by last-quarter revenue ($1.5B vs $822.5M, roughly 1.8× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs -3.1%, a 37.7% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs -11.9%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $-9.0M). Over the past eight quarters, RXO, Inc.'s revenue compounded faster (26.8% 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.
RXO, Inc. is a leading transportation and logistics solutions provider headquartered in the United States. Its core service portfolio includes freight brokerage, last-mile delivery for heavy and bulky goods, managed transportation services, and end-to-end supply chain optimization support, primarily catering to clients across the North American manufacturing, retail, and e-commerce segments.
MSCI vs RXO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $822.5M | $1.5B |
| Net Profit | $284.7M | $-46.0M |
| Gross Margin | — | — |
| Operating Margin | 56.4% | -2.9% |
| Net Margin | 34.6% | -3.1% |
| Revenue YoY | 10.6% | -11.9% |
| Net Profit YoY | -6.8% | -84.0% |
| EPS (diluted) | $3.81 | $-0.28 |
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 | $1.5B | ||
| Q3 25 | $793.4M | $1.4B | ||
| Q2 25 | $772.7M | $1.4B | ||
| Q1 25 | $745.8M | $1.4B | ||
| Q4 24 | $743.5M | $1.7B | ||
| Q3 24 | $724.7M | $1.0B | ||
| Q2 24 | $707.9M | $930.0M | ||
| Q1 24 | $680.0M | $913.0M |
| Q4 25 | $284.7M | $-46.0M | ||
| Q3 25 | $325.4M | $-14.0M | ||
| Q2 25 | $303.6M | $-9.0M | ||
| Q1 25 | $288.6M | $-31.0M | ||
| Q4 24 | $305.5M | $-25.0M | ||
| Q3 24 | $280.9M | $-243.0M | ||
| Q2 24 | $266.8M | $-7.0M | ||
| Q1 24 | $256.0M | $-15.0M |
| Q4 25 | 56.4% | -2.9% | ||
| Q3 25 | 56.4% | -0.5% | ||
| Q2 25 | 55.0% | — | ||
| Q1 25 | 50.6% | -2.1% | ||
| Q4 24 | 54.5% | -1.4% | ||
| Q3 24 | 55.4% | -1.9% | ||
| Q2 24 | 54.0% | — | ||
| Q1 24 | 49.9% | -1.3% |
| Q4 25 | 34.6% | -3.1% | ||
| Q3 25 | 41.0% | -1.0% | ||
| Q2 25 | 39.3% | -0.6% | ||
| Q1 25 | 38.7% | -2.2% | ||
| Q4 24 | 41.1% | -1.5% | ||
| Q3 24 | 38.8% | -23.4% | ||
| Q2 24 | 37.7% | -0.8% | ||
| Q1 24 | 37.6% | -1.6% |
| Q4 25 | $3.81 | $-0.28 | ||
| Q3 25 | $4.25 | $-0.08 | ||
| Q2 25 | $3.92 | $-0.05 | ||
| Q1 25 | $3.71 | $-0.18 | ||
| Q4 24 | $3.89 | $-0.17 | ||
| Q3 24 | $3.57 | $-1.81 | ||
| Q2 24 | $3.37 | $-0.06 | ||
| Q1 24 | $3.22 | $-0.13 |
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 | $17.0M |
| Total DebtLower is stronger | $6.2B | $387.0M |
| Stockholders' EquityBook value | $-2.7B | $1.5B |
| Total Assets | $5.7B | $3.3B |
| Debt / EquityLower = less leverage | — | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $515.3M | $17.0M | ||
| Q3 25 | $400.1M | $25.0M | ||
| Q2 25 | $347.3M | $18.0M | ||
| Q1 25 | $360.7M | $16.0M | ||
| Q4 24 | $409.4M | $35.0M | ||
| Q3 24 | $501.0M | $55.0M | ||
| Q2 24 | $451.4M | $7.0M | ||
| Q1 24 | $519.3M | $7.0M |
| Q4 25 | $6.2B | $387.0M | ||
| Q3 25 | $5.5B | $387.0M | ||
| Q2 25 | $4.5B | $387.0M | ||
| Q1 25 | $4.5B | $387.0M | ||
| Q4 24 | $4.5B | $351.0M | ||
| Q3 24 | $4.5B | $352.0M | ||
| Q2 24 | $4.5B | $370.0M | ||
| Q1 24 | $4.5B | $351.0M |
| Q4 25 | $-2.7B | $1.5B | ||
| Q3 25 | $-1.9B | $1.6B | ||
| Q2 25 | $-886.2M | $1.6B | ||
| Q1 25 | $-958.6M | $1.6B | ||
| Q4 24 | $-940.0M | $1.6B | ||
| Q3 24 | $-751.0M | $1.7B | ||
| Q2 24 | $-734.5M | $579.0M | ||
| Q1 24 | $-650.5M | $582.0M |
| Q4 25 | $5.7B | $3.3B | ||
| Q3 25 | $5.4B | $3.2B | ||
| Q2 25 | $5.4B | $3.2B | ||
| Q1 25 | $5.3B | $3.3B | ||
| Q4 24 | $5.4B | $3.4B | ||
| Q3 24 | $5.4B | $3.4B | ||
| Q2 24 | $5.5B | $1.8B | ||
| Q1 24 | $5.5B | $1.8B |
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| Free Cash FlowOCF − Capex | $488.7M | $-9.0M |
| FCF MarginFCF / Revenue | 59.4% | -0.6% |
| Capex IntensityCapex / Revenue | 1.5% | 1.1% |
| Cash ConversionOCF / Net Profit | 1.76× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $-8.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $501.1M | $7.0M | ||
| Q3 25 | $449.4M | $23.0M | ||
| Q2 25 | $336.1M | $23.0M | ||
| Q1 25 | $301.7M | $-2.0M | ||
| Q4 24 | $430.6M | $-7.0M | ||
| Q3 24 | $421.6M | $-7.0M | ||
| Q2 24 | $349.2M | $-5.0M | ||
| Q1 24 | $300.1M | $7.0M |
| Q4 25 | $488.7M | $-9.0M | ||
| Q3 25 | $445.5M | $9.0M | ||
| Q2 25 | $324.7M | $9.0M | ||
| Q1 25 | $290.2M | $-17.0M | ||
| Q4 24 | $416.4M | $-19.0M | ||
| Q3 24 | $415.0M | $-18.0M | ||
| Q2 24 | $340.6M | $-16.0M | ||
| Q1 24 | $295.9M | $-4.0M |
| Q4 25 | 59.4% | -0.6% | ||
| Q3 25 | 56.2% | 0.6% | ||
| Q2 25 | 42.0% | 0.6% | ||
| Q1 25 | 38.9% | -1.2% | ||
| Q4 24 | 56.0% | -1.1% | ||
| Q3 24 | 57.3% | -1.7% | ||
| Q2 24 | 48.1% | -1.7% | ||
| Q1 24 | 43.5% | -0.4% |
| Q4 25 | 1.5% | 1.1% | ||
| Q3 25 | 0.5% | 1.0% | ||
| Q2 25 | 1.5% | 1.0% | ||
| Q1 25 | 1.5% | 1.0% | ||
| Q4 24 | 1.9% | 0.7% | ||
| Q3 24 | 0.9% | 1.1% | ||
| Q2 24 | 1.2% | 1.2% | ||
| Q1 24 | 0.6% | 1.2% |
| Q4 25 | 1.76× | — | ||
| Q3 25 | 1.38× | — | ||
| Q2 25 | 1.11× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 1.41× | — | ||
| Q3 24 | 1.50× | — | ||
| Q2 24 | 1.31× | — | ||
| 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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
