MSCI(US:MSCI)2025-01-29 15:58Financial Highlights - MSCI's 4Q24 operating revenues increased by 7% (reported) and 8% (organic)[12] - The adjusted EBITDA margin for 4Q24 was 60.8%[12] - Free cash flow for 4Q24 reached $395 million[12] - Adjusted EPS for 4Q24 grew by 13.6%[12] - MSCI repurchased 627,061 shares in 4Q24 at an average price of $589.91[12] Regional Performance - Americas recurring subscription run rate was $1,022 million, a 7% year-over-year increase[15] - EMEA recurring subscription run rate was $851 million, a 7% year-over-year increase[15] - APAC recurring subscription run rate was $369 million, a 6% year-over-year increase[15] Run Rate and AUM - Total run rate across MSCI reached $2.922 billion, with organic growth of 9%[20] - Asset-based fees run rate grew by 14.8%, driven by higher ending equity ETF and Non-ETF AUM[21] - AUM in ETFs linked to MSCI equity indexes was $1.725 trillion in 4Q24, a 17% year-over-year increase[37] Full-Year 2025 Guidance - Operating expense is projected to be between $1.405 billion and $1.445 billion[60] - Free cash flow is expected to be between $1.4 billion and $1.46 billion[60]