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Side-by-side financial comparison of MSCI Inc. (MSCI) and URBAN OUTFITTERS INC (URBN). Click either name above to swap in a different company.

URBAN OUTFITTERS INC is the larger business by last-quarter revenue ($1.5B vs $822.5M, roughly 1.9× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 7.6%, a 27.0% gap on every dollar of revenue. On growth, URBAN OUTFITTERS INC posted the faster year-over-year revenue change (12.3% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $-22.8M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% CAGR vs 1.4%).

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.

Urban Outfitters, Inc. (URBN) is a multinational lifestyle retail corporation headquartered in Philadelphia, Pennsylvania. Operating in the United States, the United Kingdom, Canada, select Western European countries, Poland, the United Arab Emirates, Kuwait, and Qatar, the Urban Outfitters brand targets young adults with a merchandise mix of women's and men's fashion apparel, footwear, beauty and wellness products, accessories, activewear and gear, and housewares, as well as music, primarily...

MSCI vs URBN — Head-to-Head

Bigger by revenue
URBN
URBN
1.9× larger
URBN
$1.5B
$822.5M
MSCI
Growing faster (revenue YoY)
URBN
URBN
+1.7% gap
URBN
12.3%
10.6%
MSCI
Higher net margin
MSCI
MSCI
27.0% more per $
MSCI
34.6%
7.6%
URBN
More free cash flow
MSCI
MSCI
$511.4M more FCF
MSCI
$488.7M
$-22.8M
URBN
Faster 2-yr revenue CAGR
MSCI
MSCI
Annualised
MSCI
10.0%
1.4%
URBN

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MSCI
MSCI
URBN
URBN
Revenue
$822.5M
$1.5B
Net Profit
$284.7M
$116.4M
Gross Margin
36.8%
Operating Margin
56.4%
9.4%
Net Margin
34.6%
7.6%
Revenue YoY
10.6%
12.3%
Net Profit YoY
-6.8%
13.1%
EPS (diluted)
$3.81
$1.28

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.

Revenue
MSCI
MSCI
URBN
URBN
Q4 25
$822.5M
$1.5B
Q3 25
$793.4M
$1.5B
Q2 25
$772.7M
$1.3B
Q1 25
$745.8M
$1.6B
Q4 24
$743.5M
$1.4B
Q3 24
$724.7M
$1.4B
Q2 24
$707.9M
$1.2B
Q1 24
$680.0M
$1.5B
Net Profit
MSCI
MSCI
URBN
URBN
Q4 25
$284.7M
$116.4M
Q3 25
$325.4M
$143.9M
Q2 25
$303.6M
$108.3M
Q1 25
$288.6M
$120.3M
Q4 24
$305.5M
$102.9M
Q3 24
$280.9M
$117.5M
Q2 24
$266.8M
$61.8M
Q1 24
$256.0M
$47.8M
Gross Margin
MSCI
MSCI
URBN
URBN
Q4 25
36.8%
Q3 25
37.6%
Q2 25
36.8%
Q1 25
32.3%
Q4 24
36.5%
Q3 24
36.5%
Q2 24
34.0%
Q1 24
29.2%
Operating Margin
MSCI
MSCI
URBN
URBN
Q4 25
56.4%
9.4%
Q3 25
56.4%
11.6%
Q2 25
55.0%
9.6%
Q1 25
50.6%
7.7%
Q4 24
54.5%
9.4%
Q3 24
55.4%
10.7%
Q2 24
54.0%
6.2%
Q1 24
49.9%
3.9%
Net Margin
MSCI
MSCI
URBN
URBN
Q4 25
34.6%
7.6%
Q3 25
41.0%
9.6%
Q2 25
39.3%
8.1%
Q1 25
38.7%
7.4%
Q4 24
41.1%
7.6%
Q3 24
38.8%
8.7%
Q2 24
37.7%
5.1%
Q1 24
37.6%
3.2%
EPS (diluted)
MSCI
MSCI
URBN
URBN
Q4 25
$3.81
$1.28
Q3 25
$4.25
$1.58
Q2 25
$3.92
$1.16
Q1 25
$3.71
$1.27
Q4 24
$3.89
$1.10
Q3 24
$3.57
$1.24
Q2 24
$3.37
$0.65
Q1 24
$3.22
$0.51

Balance Sheet & Financial Strength

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

Metric
MSCI
MSCI
URBN
URBN
Cash + ST InvestmentsLiquidity on hand
$515.3M
$306.6M
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$-2.7B
$2.7B
Total Assets
$5.7B
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSCI
MSCI
URBN
URBN
Q4 25
$515.3M
$306.6M
Q3 25
$400.1M
$332.2M
Q2 25
$347.3M
$189.4M
Q1 25
$360.7M
$290.5M
Q4 24
$409.4M
$182.5M
Q3 24
$501.0M
$209.1M
Q2 24
$451.4M
$174.0M
Q1 24
$519.3M
$178.3M
Total Debt
MSCI
MSCI
URBN
URBN
Q4 25
$6.2B
Q3 25
$5.5B
Q2 25
$4.5B
Q1 25
$4.5B
Q4 24
$4.5B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.5B
Stockholders' Equity
MSCI
MSCI
URBN
URBN
Q4 25
$-2.7B
$2.7B
Q3 25
$-1.9B
$2.6B
Q2 25
$-886.2M
$2.4B
Q1 25
$-958.6M
$2.5B
Q4 24
$-940.0M
$2.4B
Q3 24
$-751.0M
$2.2B
Q2 24
$-734.5M
$2.2B
Q1 24
$-650.5M
$2.1B
Total Assets
MSCI
MSCI
URBN
URBN
Q4 25
$5.7B
$4.9B
Q3 25
$5.4B
$4.7B
Q2 25
$5.4B
$4.5B
Q1 25
$5.3B
$4.5B
Q4 24
$5.4B
$4.5B
Q3 24
$5.4B
$4.3B
Q2 24
$5.5B
$4.2B
Q1 24
$5.5B
$4.1B

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
URBN
URBN
Operating Cash FlowLast quarter
$501.1M
$61.1M
Free Cash FlowOCF − Capex
$488.7M
$-22.8M
FCF MarginFCF / Revenue
59.4%
-1.5%
Capex IntensityCapex / Revenue
1.5%
5.5%
Cash ConversionOCF / Net Profit
1.76×
0.53×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$402.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSCI
MSCI
URBN
URBN
Q4 25
$501.1M
$61.1M
Q3 25
$449.4M
$218.0M
Q2 25
$336.1M
$33.0M
Q1 25
$301.7M
$320.5M
Q4 24
$430.6M
$18.5M
Q3 24
$421.6M
$105.3M
Q2 24
$349.2M
$58.6M
Q1 24
$300.1M
$229.2M
Free Cash Flow
MSCI
MSCI
URBN
URBN
Q4 25
$488.7M
$-22.8M
Q3 25
$445.5M
$156.6M
Q2 25
$324.7M
$-13.1M
Q1 25
$290.2M
$281.9M
Q4 24
$416.4M
$-26.6M
Q3 24
$415.0M
$47.5M
Q2 24
$340.6M
$17.5M
Q1 24
$295.9M
$180.6M
FCF Margin
MSCI
MSCI
URBN
URBN
Q4 25
59.4%
-1.5%
Q3 25
56.2%
10.4%
Q2 25
42.0%
-1.0%
Q1 25
38.9%
17.2%
Q4 24
56.0%
-2.0%
Q3 24
57.3%
3.5%
Q2 24
48.1%
1.5%
Q1 24
43.5%
12.2%
Capex Intensity
MSCI
MSCI
URBN
URBN
Q4 25
1.5%
5.5%
Q3 25
0.5%
4.1%
Q2 25
1.5%
3.5%
Q1 25
1.5%
2.4%
Q4 24
1.9%
3.3%
Q3 24
0.9%
4.3%
Q2 24
1.2%
3.4%
Q1 24
0.6%
3.3%
Cash Conversion
MSCI
MSCI
URBN
URBN
Q4 25
1.76×
0.53×
Q3 25
1.38×
1.52×
Q2 25
1.11×
0.30×
Q1 25
1.05×
2.66×
Q4 24
1.41×
0.18×
Q3 24
1.50×
0.90×
Q2 24
1.31×
0.95×
Q1 24
1.17×
4.80×

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%

URBN
URBN

Apparel$861.4M56%
Home$187.0M12%
Accessories$182.6M12%
Subscription Operations$144.6M9%
Wholesale Operations$88.3M6%
Other$65.3M4%

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