Morningstar, Inc. (MORN) › Operating IncomeMorningstar, Inc. (MORN) — Operating IncomeAnnual figures by fiscal year, from SEC filings.2008: $138.88M2009: $124.67M2010: $121.06M2011: $138.41M2012: $150.67M2013: $170.70M2014: $105.60M2015: $190.60M2016: $180.80M2017: $169.80M2018: $215.80M2019: $189.60M2020: $215.20M2021: $257.00M2022: $167.80M2023: $230.60M2024: $484.80M2025: $526.60M$526.60M2008Operating Income (USD)2025Fiscal YearOperating IncomeChange YoY2025$526.60M+8.6%2024$484.80M+110.2%2023$230.60M+37.4%2022$167.80M-34.7%2021$257.00M+19.4%2020$215.20M+13.5%2019$189.60M-12.1%2018$215.80M+27.1%2017$169.80M-6.1%2016$180.80M-5.1%2015$190.60M+80.5%2014$105.60M-38.1%2013$170.70M+13.3%2012$150.67M+8.9%2011$138.41M+14.3%2010$121.06M-2.9%2009$124.67M-10.2%2008$138.88M—Other metrics: RevenueCost of RevenueGross ProfitNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share