vs

Side-by-side financial comparison of MSCI Inc. (MSCI) and StandardAero, Inc. (SARO). Click either name above to swap in a different company.

StandardAero, Inc. is the larger business by last-quarter revenue ($1.6B vs $822.5M, roughly 1.9× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 4.9%, a 29.7% gap on every dollar of revenue. On growth, StandardAero, Inc. posted the faster year-over-year revenue change (13.5% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $307.3M). Over the past eight quarters, StandardAero, Inc.'s revenue compounded faster (13.8% 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.

StandardAero, Inc. is an American maintenance, repair and overhaul (MRO) provider based in Scottsdale, Arizona.

MSCI vs SARO — Head-to-Head

Bigger by revenue
SARO
SARO
1.9× larger
SARO
$1.6B
$822.5M
MSCI
Growing faster (revenue YoY)
SARO
SARO
+2.9% gap
SARO
13.5%
10.6%
MSCI
Higher net margin
MSCI
MSCI
29.7% more per $
MSCI
34.6%
4.9%
SARO
More free cash flow
MSCI
MSCI
$181.4M more FCF
MSCI
$488.7M
$307.3M
SARO
Faster 2-yr revenue CAGR
SARO
SARO
Annualised
SARO
13.8%
10.0%
MSCI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MSCI
MSCI
SARO
SARO
Revenue
$822.5M
$1.6B
Net Profit
$284.7M
$78.6M
Gross Margin
13.8%
Operating Margin
56.4%
9.3%
Net Margin
34.6%
4.9%
Revenue YoY
10.6%
13.5%
Net Profit YoY
-6.8%
659.6%
EPS (diluted)
$3.81
$0.24

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.

Revenue
MSCI
MSCI
SARO
SARO
Q4 25
$822.5M
$1.6B
Q3 25
$793.4M
$1.5B
Q2 25
$772.7M
$1.5B
Q1 25
$745.8M
$1.4B
Q4 24
$743.5M
$1.4B
Q3 24
$724.7M
$1.2B
Q2 24
$707.9M
$1.3B
Q1 24
$680.0M
$1.2B
Net Profit
MSCI
MSCI
SARO
SARO
Q4 25
$284.7M
$78.6M
Q3 25
$325.4M
$68.1M
Q2 25
$303.6M
$67.7M
Q1 25
$288.6M
$62.9M
Q4 24
$305.5M
$-14.1M
Q3 24
$280.9M
$16.4M
Q2 24
$266.8M
$5.4M
Q1 24
$256.0M
$3.2M
Gross Margin
MSCI
MSCI
SARO
SARO
Q4 25
13.8%
Q3 25
14.9%
Q2 25
15.4%
Q1 25
15.2%
Q4 24
14.3%
Q3 24
15.0%
Q2 24
13.7%
Q1 24
14.7%
Operating Margin
MSCI
MSCI
SARO
SARO
Q4 25
56.4%
9.3%
Q3 25
56.4%
9.2%
Q2 25
55.0%
8.9%
Q1 25
50.6%
9.0%
Q4 24
54.5%
6.7%
Q3 24
55.4%
7.9%
Q2 24
54.0%
7.8%
Q1 24
49.9%
8.5%
Net Margin
MSCI
MSCI
SARO
SARO
Q4 25
34.6%
4.9%
Q3 25
41.0%
4.5%
Q2 25
39.3%
4.4%
Q1 25
38.7%
4.4%
Q4 24
41.1%
-1.0%
Q3 24
38.8%
1.3%
Q2 24
37.7%
0.4%
Q1 24
37.6%
0.3%
EPS (diluted)
MSCI
MSCI
SARO
SARO
Q4 25
$3.81
$0.24
Q3 25
$4.25
$0.20
Q2 25
$3.92
$0.20
Q1 25
$3.71
$0.19
Q4 24
$3.89
$-0.05
Q3 24
$3.57
$0.06
Q2 24
$3.37
$0.02
Q1 24
$3.22
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MSCI
MSCI
SARO
SARO
Cash + ST InvestmentsLiquidity on hand
$515.3M
Total DebtLower is stronger
$6.2B
$2.2B
Stockholders' EquityBook value
$-2.7B
$2.7B
Total Assets
$5.7B
$6.6B
Debt / EquityLower = less leverage
0.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSCI
MSCI
SARO
SARO
Q4 25
$515.3M
Q3 25
$400.1M
Q2 25
$347.3M
Q1 25
$360.7M
Q4 24
$409.4M
Q3 24
$501.0M
Q2 24
$451.4M
Q1 24
$519.3M
Total Debt
MSCI
MSCI
SARO
SARO
Q4 25
$6.2B
$2.2B
Q3 25
$5.5B
$2.3B
Q2 25
$4.5B
$2.3B
Q1 25
$4.5B
$2.3B
Q4 24
$4.5B
$2.2B
Q3 24
$4.5B
$3.4B
Q2 24
$4.5B
Q1 24
$4.5B
Stockholders' Equity
MSCI
MSCI
SARO
SARO
Q4 25
$-2.7B
$2.7B
Q3 25
$-1.9B
$2.6B
Q2 25
$-886.2M
$2.5B
Q1 25
$-958.6M
$2.4B
Q4 24
$-940.0M
$2.4B
Q3 24
$-751.0M
$1.2B
Q2 24
$-734.5M
$1.2B
Q1 24
$-650.5M
$1.2B
Total Assets
MSCI
MSCI
SARO
SARO
Q4 25
$5.7B
$6.6B
Q3 25
$5.4B
$6.6B
Q2 25
$5.4B
$6.5B
Q1 25
$5.3B
$6.5B
Q4 24
$5.4B
$6.2B
Q3 24
$5.4B
$6.1B
Q2 24
$5.5B
Q1 24
$5.5B
Debt / Equity
MSCI
MSCI
SARO
SARO
Q4 25
0.83×
Q3 25
0.90×
Q2 25
0.92×
Q1 25
0.96×
Q4 24
0.94×
Q3 24
2.94×
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
MSCI
MSCI
SARO
SARO
Operating Cash FlowLast quarter
$501.1M
$323.0M
Free Cash FlowOCF − Capex
$488.7M
$307.3M
FCF MarginFCF / Revenue
59.4%
19.2%
Capex IntensityCapex / Revenue
1.5%
1.0%
Cash ConversionOCF / Net Profit
1.76×
4.11×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$234.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSCI
MSCI
SARO
SARO
Q4 25
$501.1M
$323.0M
Q3 25
$449.4M
$14.8M
Q2 25
$336.1M
$2.9M
Q1 25
$301.7M
$-24.0M
Q4 24
$430.6M
Q3 24
$421.6M
$-13.9M
Q2 24
$349.2M
Q1 24
$300.1M
$-83.6M
Free Cash Flow
MSCI
MSCI
SARO
SARO
Q4 25
$488.7M
$307.3M
Q3 25
$445.5M
$-4.7M
Q2 25
$324.7M
$-19.0M
Q1 25
$290.2M
$-49.3M
Q4 24
$416.4M
Q3 24
$415.0M
$-39.2M
Q2 24
$340.6M
Q1 24
$295.9M
$-102.0M
FCF Margin
MSCI
MSCI
SARO
SARO
Q4 25
59.4%
19.2%
Q3 25
56.2%
-0.3%
Q2 25
42.0%
-1.2%
Q1 25
38.9%
-3.4%
Q4 24
56.0%
Q3 24
57.3%
-3.1%
Q2 24
48.1%
Q1 24
43.5%
-8.3%
Capex Intensity
MSCI
MSCI
SARO
SARO
Q4 25
1.5%
1.0%
Q3 25
0.5%
1.3%
Q2 25
1.5%
1.4%
Q1 25
1.5%
1.8%
Q4 24
1.9%
Q3 24
0.9%
2.0%
Q2 24
1.2%
Q1 24
0.6%
1.5%
Cash Conversion
MSCI
MSCI
SARO
SARO
Q4 25
1.76×
4.11×
Q3 25
1.38×
0.22×
Q2 25
1.11×
0.04×
Q1 25
1.05×
-0.38×
Q4 24
1.41×
Q3 24
1.50×
-0.84×
Q2 24
1.31×
Q1 24
1.17×
-26.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MSCI
MSCI

Recurring Subscriptions$246.4M30%
Asset Based Fees$211.7M26%
Analytics Segment$182.3M22%
Sustainability And Climate Segment$90.3M11%
Other$70.9M9%
Non Recurring$21.1M3%

SARO
SARO

Commercial Aerospace$1.0B63%
Business Aviation$266.2M17%
Military And Helicopter$262.0M16%
Other$68.1M4%

Related Comparisons