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Side-by-side financial comparison of MSCI Inc. (MSCI) and SCOTTS MIRACLE-GRO CO (SMG). Click either name above to swap in a different company.

SCOTTS MIRACLE-GRO CO 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 16.3%, a 18.3% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs -16.9%). Over the past eight quarters, SCOTTS MIRACLE-GRO CO's revenue compounded faster (10.2% 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.

The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. In the U.S., the company manufactures Scotts, Miracle-Gro and Ortho brands. It also markets and distributes the herbicide Roundup in the U.S. and several international markets including China.

MSCI vs SMG — Head-to-Head

Bigger by revenue
SMG
SMG
1.8× larger
SMG
$1.5B
$822.5M
MSCI
Growing faster (revenue YoY)
MSCI
MSCI
+27.5% gap
MSCI
10.6%
-16.9%
SMG
Higher net margin
MSCI
MSCI
18.3% more per $
MSCI
34.6%
16.3%
SMG
Faster 2-yr revenue CAGR
SMG
SMG
Annualised
SMG
10.2%
10.0%
MSCI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MSCI
MSCI
SMG
SMG
Revenue
$822.5M
$1.5B
Net Profit
$284.7M
$238.6M
Gross Margin
41.8%
Operating Margin
56.4%
27.5%
Net Margin
34.6%
16.3%
Revenue YoY
10.6%
-16.9%
Net Profit YoY
-6.8%
61.2%
EPS (diluted)
$3.81
$-2.00

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
SMG
SMG
Q1 26
$1.5B
Q4 25
$822.5M
$354.4M
Q3 25
$793.4M
$387.3M
Q2 25
$772.7M
$1.2B
Q1 25
$745.8M
$1.4B
Q4 24
$743.5M
$416.8M
Q3 24
$724.7M
$414.7M
Q2 24
$707.9M
$1.2B
Net Profit
MSCI
MSCI
SMG
SMG
Q1 26
$238.6M
Q4 25
$284.7M
$-125.0M
Q3 25
$325.4M
Q2 25
$303.6M
$149.1M
Q1 25
$288.6M
$217.5M
Q4 24
$305.5M
$-69.5M
Q3 24
$280.9M
Q2 24
$266.8M
$132.1M
Gross Margin
MSCI
MSCI
SMG
SMG
Q1 26
41.8%
Q4 25
25.0%
Q3 25
6.1%
Q2 25
31.8%
Q1 25
38.6%
Q4 24
22.7%
Q3 24
-7.1%
Q2 24
29.5%
Operating Margin
MSCI
MSCI
SMG
SMG
Q1 26
27.5%
Q4 25
56.4%
-6.2%
Q3 25
56.4%
-38.8%
Q2 25
55.0%
18.1%
Q1 25
50.6%
24.3%
Q4 24
54.5%
-12.2%
Q3 24
55.4%
-52.1%
Q2 24
54.0%
16.6%
Net Margin
MSCI
MSCI
SMG
SMG
Q1 26
16.3%
Q4 25
34.6%
-35.3%
Q3 25
41.0%
Q2 25
39.3%
12.6%
Q1 25
38.7%
15.3%
Q4 24
41.1%
-16.7%
Q3 24
38.8%
Q2 24
37.7%
11.0%
EPS (diluted)
MSCI
MSCI
SMG
SMG
Q1 26
$-2.00
Q4 25
$3.81
$-2.16
Q3 25
$4.25
$-2.58
Q2 25
$3.92
$2.54
Q1 25
$3.71
$3.72
Q4 24
$3.89
$-1.21
Q3 24
$3.57
$-4.21
Q2 24
$3.37
$2.28

Balance Sheet & Financial Strength

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

Metric
MSCI
MSCI
SMG
SMG
Cash + ST InvestmentsLiquidity on hand
$515.3M
$6.2M
Total DebtLower is stronger
$6.2B
$2.3B
Stockholders' EquityBook value
$-2.7B
Total Assets
$5.7B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSCI
MSCI
SMG
SMG
Q1 26
$6.2M
Q4 25
$515.3M
$8.3M
Q3 25
$400.1M
$36.6M
Q2 25
$347.3M
$51.1M
Q1 25
$360.7M
$16.9M
Q4 24
$409.4M
$9.8M
Q3 24
$501.0M
$71.6M
Q2 24
$451.4M
$279.9M
Total Debt
MSCI
MSCI
SMG
SMG
Q1 26
$2.3B
Q4 25
$6.2B
Q3 25
$5.5B
$2.1B
Q2 25
$4.5B
Q1 25
$4.5B
Q4 24
$4.5B
Q3 24
$4.5B
$2.2B
Q2 24
$4.5B
Stockholders' Equity
MSCI
MSCI
SMG
SMG
Q1 26
Q4 25
$-2.7B
$-500.6M
Q3 25
$-1.9B
$-357.5M
Q2 25
$-886.2M
$-170.9M
Q1 25
$-958.6M
$-290.1M
Q4 24
$-940.0M
$-479.5M
Q3 24
$-751.0M
$-390.6M
Q2 24
$-734.5M
$-146.2M
Total Assets
MSCI
MSCI
SMG
SMG
Q1 26
$3.4B
Q4 25
$5.7B
$3.0B
Q3 25
$5.4B
$2.7B
Q2 25
$5.4B
$3.1B
Q1 25
$5.3B
$3.5B
Q4 24
$5.4B
$3.2B
Q3 24
$5.4B
$2.9B
Q2 24
$5.5B
$3.5B

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
SMG
SMG
Operating Cash FlowLast quarter
$501.1M
Free Cash FlowOCF − Capex
$488.7M
FCF MarginFCF / Revenue
59.4%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
1.76×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSCI
MSCI
SMG
SMG
Q1 26
Q4 25
$501.1M
$-370.4M
Q3 25
$449.4M
$174.1M
Q2 25
$336.1M
$454.4M
Q1 25
$301.7M
$188.1M
Q4 24
$430.6M
$-445.3M
Q3 24
$421.6M
$118.5M
Q2 24
$349.2M
$588.0M
Free Cash Flow
MSCI
MSCI
SMG
SMG
Q1 26
Q4 25
$488.7M
$-390.4M
Q3 25
$445.5M
$131.2M
Q2 25
$324.7M
$437.5M
Q1 25
$290.2M
$179.8M
Q4 24
$416.4M
$-474.6M
Q3 24
$415.0M
$101.9M
Q2 24
$340.6M
$574.8M
FCF Margin
MSCI
MSCI
SMG
SMG
Q1 26
Q4 25
59.4%
-110.2%
Q3 25
56.2%
33.9%
Q2 25
42.0%
36.8%
Q1 25
38.9%
12.7%
Q4 24
56.0%
-113.9%
Q3 24
57.3%
24.6%
Q2 24
48.1%
47.8%
Capex Intensity
MSCI
MSCI
SMG
SMG
Q1 26
Q4 25
1.5%
5.6%
Q3 25
0.5%
11.1%
Q2 25
1.5%
1.4%
Q1 25
1.5%
0.6%
Q4 24
1.9%
7.0%
Q3 24
0.9%
4.0%
Q2 24
1.2%
1.1%
Cash Conversion
MSCI
MSCI
SMG
SMG
Q1 26
Q4 25
1.76×
Q3 25
1.38×
Q2 25
1.11×
3.05×
Q1 25
1.05×
0.86×
Q4 24
1.41×
Q3 24
1.50×
Q2 24
1.31×
4.45×

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%

SMG
SMG

Segment breakdown not available.

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