Morningstar, Inc. (MORN)
↓ Download CSV- Sector Finance & Real Estate
- Incorporated IL
- Fiscal year ends Dec 31
In fiscal 2025, Morningstar, Inc. reported revenue of $2.45B, up 7.5% from the prior year. The company was profitable, with a net margin of 15.3%. It held $3.59B in total assets against $2.37B in total liabilities.
Key ratios (FY2025)
21.5%
Operating margin
15.3%
Net margin
30.6%
Return on equity
+7.5%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.45B | $2.28B | $2.04B | $1.87B | $1.70B | $1.39B | $1.18B | $1.02B | $911.70M | $798.60M |
| Cost of Revenue | $952.90M | $895.70M | $843.50M | $779.30M | $698.40M | $556.40M | $483.10M | $411.10M | $386.60M | $344.30M |
| Operating Income | $526.60M | $484.80M | $230.60M | $167.80M | $257.00M | $215.20M | $189.60M | $215.80M | $169.80M | $180.80M |
| Net Income | $374.20M | $369.90M | $141.10M | $70.50M | $193.30M | $223.60M | $152.00M | $183.00M | $136.90M | $161.00M |
| EPS (Diluted) | $8.87 | $8.58 | $3.29 | $1.64 | $4.45 | $5.18 | $3.52 | $4.25 | $3.18 | $3.72 |
| Total Assets | $3.59B | $3.55B | $3.40B | $3.47B | $2.86B | $2.70B | $2.37B | $1.45B | $1.41B | $1.35B |
| Total Liabilities | $2.37B | $1.93B | $2.08B | $2.27B | $1.45B | $1.42B | $1.29B | $519.10M | $600.80M | $654.10M |
| Shareholders' Equity | $1.22B | $1.62B | $1.33B | $1.21B | $1.42B | $1.27B | $1.08B | $934.70M | $804.90M | $696.80M |
| Cash & Equivalents | $474.50M | $502.70M | $337.90M | $376.60M | $483.80M | $422.50M | $334.10M | $369.30M | $308.20M | $259.10M |
| Operating Cash Flow | $589.70M | $591.60M | $316.40M | $297.80M | $449.90M | $384.30M | $334.40M | $314.80M | $250.10M | $213.70M |
| Capital Expenditures | $147.10M | $142.70M | $119.10M | $129.50M | $101.80M | $76.70M | $80.00M | $76.10M | $66.60M | $62.80M |
| Shares Outstanding | 42.20M | 43.10M | 42.90M | 42.90M | 43.40M | 43.20M | 43.20M | 43.00M | 43.00M | 43.30M |
| Dividends Per Share | $1.87 | $1.67 | $1.53 | $1.46 | $1.31 | $1.22 | $1.14 | $1.03 | $0.94 | $0.89 |