Morningstar, Inc.
NASDAQ:MORN
310.61 (USD) • At close September 13, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 2,066.3 | 1,870.6 | 1,699.3 | 1,389.5 | 1,179 | 1,019.9 | 911.7 | 798.6 | 788.8 | 760.071 | 698.266 | 658.288 | 631.4 | 555.351 | 478.996 | 502.457 | 435.107 | 315.175 | 227.114 | 179.658 | 139.496 | 109.619 | 91.23 | 74.973 |
| Cost of Revenue
| 1,028.4 | 779.3 | 698.4 | 556.4 | 483.1 | 411.1 | 386.6 | 344.3 | 330.1 | 318.638 | 271.437 | 195.347 | 182.132 | 157.068 | 128.616 | 130.085 | 113.777 | 86.975 | 64.408 | 54.709 | 43.521 | 39.035 | 0 | 0 |
| Gross Profit
| 1,037.9 | 1,091.3 | 1,000.9 | 833.1 | 695.9 | 608.8 | 525.1 | 454.3 | 458.7 | 441.433 | 426.829 | 462.941 | 449.268 | 398.283 | 350.38 | 372.372 | 321.33 | 228.2 | 162.706 | 124.949 | 95.975 | 70.584 | 91.23 | 74.973 |
| Gross Profit Ratio
| 0.502 | 0.583 | 0.589 | 0.6 | 0.59 | 0.597 | 0.576 | 0.569 | 0.582 | 0.581 | 0.611 | 0.703 | 0.712 | 0.717 | 0.731 | 0.741 | 0.739 | 0.724 | 0.716 | 0.695 | 0.688 | 0.644 | 1 | 1 |
| Reseach & Development Expenses
| 81.2 | 64.3 | 59.9 | 53.9 | 61.1 | 42.8 | 30.6 | 20 | 13 | 0 | 0 | 51.436 | 53.157 | 49.244 | 38.378 | 40.34 | 35.116 | 29.494 | 19.654 | 0 | 14.663 | 11.881 | 0 | 0 |
| General & Administrative Expenses
| 355.8 | 400.4 | 318.4 | 272 | 210.7 | 147.8 | 129.8 | 105.2 | 107.1 | 108.865 | 106.868 | 108.857 | 108.084 | 92.843 | 82.949 | 85.266 | 147.703 | 106.204 | 88.306 | 0 | 54.145 | 36.504 | 0 | 0 |
| Selling & Marketing Expenses
| 423.8 | 356.5 | 274.8 | 206.4 | 177.9 | 148.5 | 134.3 | 97.6 | 96.6 | 111.088 | 103.614 | 108.884 | 106.699 | 95.473 | 71.772 | 81.651 | 0 | 0 | 0 | 0 | 30.798 | 24.992 | 0 | 0 |
| SG&A
| 757.3 | 756.9 | 593.2 | 478.4 | 388.6 | 296.3 | 264.1 | 202.8 | 203.7 | 219.953 | 210.482 | 217.741 | 214.783 | 188.316 | 154.721 | 166.917 | 147.703 | 106.204 | 88.306 | 98.989 | 84.943 | 61.496 | 0 | 0 |
| Other Expenses
| 11.5 | 166.6 | 150.7 | 139.5 | 117.7 | 8.4 | -1.8 | 6.7 | 1.8 | 6.254 | 4.644 | -2.196 | -0.652 | 4.295 | 31.961 | 25.996 | 21.257 | 14.975 | 8.266 | 8.225 | 7.123 | 5.547 | -107.621 | -137.047 |
| Operating Expenses
| 757.3 | 923.5 | 743.9 | 617.9 | 506.3 | 393 | 355.3 | 273.5 | 268.1 | 274.839 | 256.175 | 312.273 | 310.853 | 277.224 | 225.06 | 233.253 | 204.076 | 150.673 | 116.226 | 107.214 | 106.729 | 78.924 | -107.621 | -137.047 |
| Operating Income
| 280.6 | 167.8 | 257 | 215.2 | 189.6 | 215.8 | 169.8 | 180.8 | 190.6 | 105.594 | 170.654 | 150.668 | 138.415 | 121.059 | 125.32 | 139.119 | 117.254 | 77.527 | 46.48 | 17.735 | -10.754 | -8.34 | -16.391 | -62.074 |
| Operating Income Ratio
| 0.136 | 0.09 | 0.151 | 0.155 | 0.161 | 0.212 | 0.186 | 0.226 | 0.242 | 0.139 | 0.244 | 0.229 | 0.219 | 0.218 | 0.262 | 0.277 | 0.269 | 0.246 | 0.205 | 0.099 | -0.077 | -0.076 | -0.18 | -0.828 |
| Total Other Income Expenses Net
| -106.5 | -37.2 | -6.5 | 67.8 | 8.9 | 18.9 | 14.9 | 43.8 | 1.8 | -54.746 | 4.644 | -2.196 | -0.652 | 4.295 | -0.082 | -1.832 | 0.789 | 2.328 | 1.783 | 1.437 | 0.831 | 3.421 | 0.676 | 20.728 |
| Income Before Tax
| 174.1 | 130.6 | 250.5 | 283 | 198.5 | 232.9 | 181.1 | 224.9 | 193.7 | 113.898 | 178.01 | 153.625 | 140.124 | 127.791 | 128.254 | 142.974 | 123.483 | 81.691 | 49.679 | 19.54 | -9.644 | -3.877 | -15.715 | -41.346 |
| Income Before Tax Ratio
| 0.084 | 0.07 | 0.147 | 0.204 | 0.168 | 0.228 | 0.199 | 0.282 | 0.246 | 0.15 | 0.255 | 0.233 | 0.222 | 0.23 | 0.268 | 0.285 | 0.284 | 0.259 | 0.219 | 0.109 | -0.069 | -0.035 | -0.172 | -0.551 |
| Income Tax Expense
| 33 | 56.5 | 62.6 | 59.7 | 45.6 | 47.8 | 42.9 | 63.7 | 62.7 | 35.678 | 56.031 | 52.878 | 43.658 | 42.756 | 47.095 | 51.763 | 51.255 | 32.975 | 20.224 | 11.574 | 2.95 | -0.311 | -5.276 | -10.511 |
| Net Income
| 141.1 | 70.5 | 193.3 | 223.6 | 152 | 183 | 136.9 | 161 | 132.6 | 78.301 | 123.529 | 108.079 | 98.357 | 86.37 | 82.456 | 92.532 | 73.922 | 51.762 | 31.117 | 8.809 | -11.897 | 0.446 | -9.295 | -28.638 |
| Net Income Ratio
| 0.068 | 0.038 | 0.114 | 0.161 | 0.129 | 0.179 | 0.15 | 0.202 | 0.168 | 0.103 | 0.177 | 0.164 | 0.156 | 0.156 | 0.172 | 0.184 | 0.17 | 0.164 | 0.137 | 0.049 | -0.085 | 0.004 | -0.102 | -0.382 |
| EPS
| 3.31 | 1.65 | 4.5 | 5.22 | 3.56 | 4.3 | 3.21 | 3.74 | 3 | 1.75 | 2.68 | 2.23 | 1.96 | 1.75 | 1.71 | 2.01 | 1.71 | 1.26 | 0.79 | 0.23 | -0.31 | 0.01 | -0.24 | -0.75 |
| EPS Diluted
| 3.29 | 1.64 | 4.45 | 5.18 | 3.52 | 4.26 | 3.18 | 3.72 | 3 | 1.74 | 2.66 | 2.2 | 1.92 | 1.7 | 1.65 | 1.88 | 1.53 | 1.11 | 0.7 | 0.21 | -0.31 | -0.09 | -0.22 | -0.75 |
| EBITDA
| 465.5 | 325.6 | 409 | 351.1 | 287.8 | 302 | 244.3 | 214.4 | 255 | 282.48 | 216.347 | 193.764 | 181.98 | 160.723 | 160.297 | 166.947 | 139.416 | 92.961 | 54.625 | 25.366 | -4.462 | -6.214 | 91.23 | 74.973 |
| EBITDA Ratio
| 0.225 | 0.174 | 0.241 | 0.253 | 0.244 | 0.296 | 0.268 | 0.268 | 0.323 | 0.372 | 0.31 | 0.294 | 0.288 | 0.289 | 0.335 | 0.332 | 0.32 | 0.295 | 0.241 | 0.141 | -0.032 | -0.057 | 1 | 1 |