1、A N N U A LR E P O R T2 0 2 0About MSCI Inc.MSCI is a leading provider of critical decision support tools and services for the global investment community.With over 50 years of expertise in research,data and technology,we power better investment decisions by enabling clients to understand and analyz
2、e key drivers of risk and return and confidently build more effective portfolios.We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.To learn more,please visit .Financial highlightsYEAR ENDEDIN THOUSANDS,
3、EXCEPT PER SHARE DATA20202019201820172016Operating revenues$1,695,390$1,557,796$1,433,984$1,274,172$1,150,669Operating expenses$810,626$802,095$747,086$694,402$662,565Operating income$884,764$755,701$686,898$579,770$488,104Net income$601,822$563,648$507,885$303,972$260,855Earnings per share:Earnings
4、 per basic common share$7.19$6.66$5.83$3.36$2.72Earnings per diluted common share$7.12$6.59$5.66$3.31$2.70Cash and cash equivalents$1,300,521$1,506,567$904,176$889,502$791,834Long-term debt,net of current maturities$3,366,777$3,071,926$2,575,502$2,078,093$2,075,201Total shareholders equity(deficit)$
5、(443,234)$(76,714)$(166,494)$401,012$317,605Selected quarterly financial data(unaudited)IN THOUSANDS,EXCEPT PER SHARE DATAQ1Q2Q3Q4Fiscal yearOperating revenues2020$416,780$409,616$425,333$443,661$1,695,3902019$371,381$385,558$394,251$406,606$1,557,796Operating expenses2020$208,896$194,441$197,713$20
6、9,576$810,6262019$208,706$193,180$193,032$207,177$802,095Operating income2020$207,884$215,175$227,620$234,085$884,7642019$162,675$192,378$201,219$199,429$755,701Net income2020$148,125$115,123$182,358$156,216$601,8222019$178,192$125,690$136,983$122,783$563,648Earnings per basic common share2020$1.75$