vs

Side-by-side financial comparison of MSCI Inc. (MSCI) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.

SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $822.5M, roughly 1.7× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 3.1%, a 31.5% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs 2.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $257.7M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% CAGR vs 2.7%).

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.

Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.

MSCI vs SEE — Head-to-Head

Bigger by revenue
SEE
SEE
1.7× larger
SEE
$1.4B
$822.5M
MSCI
Growing faster (revenue YoY)
MSCI
MSCI
+8.0% gap
MSCI
10.6%
2.6%
SEE
Higher net margin
MSCI
MSCI
31.5% more per $
MSCI
34.6%
3.1%
SEE
More free cash flow
MSCI
MSCI
$231.0M more FCF
MSCI
$488.7M
$257.7M
SEE
Faster 2-yr revenue CAGR
MSCI
MSCI
Annualised
MSCI
10.0%
2.7%
SEE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MSCI
MSCI
SEE
SEE
Revenue
$822.5M
$1.4B
Net Profit
$284.7M
$43.8M
Gross Margin
28.6%
Operating Margin
56.4%
11.4%
Net Margin
34.6%
3.1%
Revenue YoY
10.6%
2.6%
Net Profit YoY
-6.8%
700.0%
EPS (diluted)
$3.81
$0.30

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
SEE
SEE
Q4 25
$822.5M
$1.4B
Q3 25
$793.4M
$1.3B
Q2 25
$772.7M
$1.3B
Q1 25
$745.8M
$1.3B
Q4 24
$743.5M
$1.4B
Q3 24
$724.7M
$1.3B
Q2 24
$707.9M
$1.3B
Q1 24
$680.0M
$1.3B
Net Profit
MSCI
MSCI
SEE
SEE
Q4 25
$284.7M
$43.8M
Q3 25
$325.4M
$255.1M
Q2 25
$303.6M
$93.1M
Q1 25
$288.6M
$113.5M
Q4 24
$305.5M
$-7.3M
Q3 24
$280.9M
$91.7M
Q2 24
$266.8M
$98.3M
Q1 24
$256.0M
$82.0M
Gross Margin
MSCI
MSCI
SEE
SEE
Q4 25
28.6%
Q3 25
29.8%
Q2 25
30.7%
Q1 25
30.9%
Q4 24
30.0%
Q3 24
30.1%
Q2 24
31.2%
Q1 24
30.3%
Operating Margin
MSCI
MSCI
SEE
SEE
Q4 25
56.4%
11.4%
Q3 25
56.4%
13.8%
Q2 25
55.0%
15.0%
Q1 25
50.6%
14.5%
Q4 24
54.5%
11.7%
Q3 24
55.4%
13.9%
Q2 24
54.0%
15.4%
Q1 24
49.9%
14.0%
Net Margin
MSCI
MSCI
SEE
SEE
Q4 25
34.6%
3.1%
Q3 25
41.0%
19.0%
Q2 25
39.3%
7.0%
Q1 25
38.7%
9.0%
Q4 24
41.1%
-0.5%
Q3 24
38.8%
6.9%
Q2 24
37.7%
7.4%
Q1 24
37.6%
6.2%
EPS (diluted)
MSCI
MSCI
SEE
SEE
Q4 25
$3.81
$0.30
Q3 25
$4.25
$1.73
Q2 25
$3.92
$0.63
Q1 25
$3.71
$0.77
Q4 24
$3.89
$-0.05
Q3 24
$3.57
$0.63
Q2 24
$3.37
$0.67
Q1 24
$3.22
$0.56

Balance Sheet & Financial Strength

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

Metric
MSCI
MSCI
SEE
SEE
Cash + ST InvestmentsLiquidity on hand
$515.3M
$344.0M
Total DebtLower is stronger
$6.2B
$3.3B
Stockholders' EquityBook value
$-2.7B
$1.2B
Total Assets
$5.7B
$7.0B
Debt / EquityLower = less leverage
2.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSCI
MSCI
SEE
SEE
Q4 25
$515.3M
$344.0M
Q3 25
$400.1M
$282.5M
Q2 25
$347.3M
$354.4M
Q1 25
$360.7M
$335.2M
Q4 24
$409.4M
$371.8M
Q3 24
$501.0M
$386.0M
Q2 24
$451.4M
$388.6M
Q1 24
$519.3M
$352.8M
Total Debt
MSCI
MSCI
SEE
SEE
Q4 25
$6.2B
$3.3B
Q3 25
$5.5B
$4.0B
Q2 25
$4.5B
$4.0B
Q1 25
$4.5B
$4.2B
Q4 24
$4.5B
$4.2B
Q3 24
$4.5B
$4.3B
Q2 24
$4.5B
$4.4B
Q1 24
$4.5B
$4.5B
Stockholders' Equity
MSCI
MSCI
SEE
SEE
Q4 25
$-2.7B
$1.2B
Q3 25
$-1.9B
$1.2B
Q2 25
$-886.2M
$953.1M
Q1 25
$-958.6M
$797.9M
Q4 24
$-940.0M
$624.5M
Q3 24
$-751.0M
$771.2M
Q2 24
$-734.5M
$650.1M
Q1 24
$-650.5M
$598.3M
Total Assets
MSCI
MSCI
SEE
SEE
Q4 25
$5.7B
$7.0B
Q3 25
$5.4B
$7.1B
Q2 25
$5.4B
$7.2B
Q1 25
$5.3B
$7.0B
Q4 24
$5.4B
$7.0B
Q3 24
$5.4B
$7.3B
Q2 24
$5.5B
$7.3B
Q1 24
$5.5B
$7.2B
Debt / Equity
MSCI
MSCI
SEE
SEE
Q4 25
2.65×
Q3 25
3.34×
Q2 25
4.18×
Q1 25
5.26×
Q4 24
6.72×
Q3 24
5.62×
Q2 24
6.81×
Q1 24
7.49×

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
SEE
SEE
Operating Cash FlowLast quarter
$501.1M
$293.6M
Free Cash FlowOCF − Capex
$488.7M
$257.7M
FCF MarginFCF / Revenue
59.4%
18.5%
Capex IntensityCapex / Revenue
1.5%
2.6%
Cash ConversionOCF / Net Profit
1.76×
6.70×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$458.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSCI
MSCI
SEE
SEE
Q4 25
$501.1M
$293.6M
Q3 25
$449.4M
$165.9M
Q2 25
$336.1M
$136.6M
Q1 25
$301.7M
$31.9M
Q4 24
$430.6M
$244.2M
Q3 24
$421.6M
$170.5M
Q2 24
$349.2M
$188.2M
Q1 24
$300.1M
$125.1M
Free Cash Flow
MSCI
MSCI
SEE
SEE
Q4 25
$488.7M
$257.7M
Q3 25
$445.5M
$119.6M
Q2 25
$324.7M
$93.2M
Q1 25
$290.2M
$-12.0M
Q4 24
$416.4M
$185.1M
Q3 24
$415.0M
$115.2M
Q2 24
$340.6M
$129.5M
Q1 24
$295.9M
$78.0M
FCF Margin
MSCI
MSCI
SEE
SEE
Q4 25
59.4%
18.5%
Q3 25
56.2%
8.9%
Q2 25
42.0%
7.0%
Q1 25
38.9%
-0.9%
Q4 24
56.0%
13.6%
Q3 24
57.3%
8.6%
Q2 24
48.1%
9.7%
Q1 24
43.5%
5.9%
Capex Intensity
MSCI
MSCI
SEE
SEE
Q4 25
1.5%
2.6%
Q3 25
0.5%
3.4%
Q2 25
1.5%
3.3%
Q1 25
1.5%
3.5%
Q4 24
1.9%
4.4%
Q3 24
0.9%
4.1%
Q2 24
1.2%
4.4%
Q1 24
0.6%
3.6%
Cash Conversion
MSCI
MSCI
SEE
SEE
Q4 25
1.76×
6.70×
Q3 25
1.38×
0.65×
Q2 25
1.11×
1.47×
Q1 25
1.05×
0.28×
Q4 24
1.41×
Q3 24
1.50×
1.86×
Q2 24
1.31×
1.91×
Q1 24
1.17×
1.53×

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%

SEE
SEE

Protective Segment$1.1B78%
Other$292.0M21%
Pension Plans Defined Benefit$7.9M1%

Related Comparisons