Morningstar, Inc.
MORN · NASDAQ
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Revenue | $617 | $605 | $582 | $591 |
| % Growth | 2% | 4% | -1.5% | – |
| Cost of Goods Sold | $242 | $231 | $231 | $232 |
| Gross Profit | $376 | $375 | $351 | $359 |
| % Margin | 60.9% | 61.9% | 60.2% | 60.7% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $86 | $82 | $77 | $89 |
| SG&A Expenses | $201 | $202 | $189 | $206 |
| Sales & Mktg Exp. | $116 | $120 | $113 | $117 |
| Other Operating Expenses | $47 | $48 | $47 | -$16 |
| Operating Expenses | $248 | $249 | $236 | $191 |
| Operating Income | $128 | $125 | $114 | $168 |
| % Margin | 20.7% | 20.7% | 19.6% | 28.5% |
| Other Income/Exp. Net | -$5 | -$10 | -$8 | -$17 |
| Pre-Tax Income | $123 | $115 | $106 | $151 |
| Tax Expense | $31 | $26 | $27 | $34 |
| Net Income | $92 | $89 | $79 | $117 |
| % Margin | 14.8% | 14.7% | 13.5% | 19.8% |
| EPS | 2.18 | 2.11 | 1.83 | 2.72 |
| % Growth | 3.3% | 15.3% | -32.7% | – |
| EPS Diluted | 2.17 | 2.09 | 1.82 | 2.71 |
| Weighted Avg Shares Out | 42 | 43 | 43 | 43 |
| Weighted Avg Shares Out Dil | 43 | 43 | 43 | 43 |
| Supplemental Information | – | – | – | – |
| Interest Income | $2 | $3 | $4 | $4 |
| Interest Expense | $9 | $10 | $9 | $11 |
| Depreciation & Amortization | $47 | $49 | $47 | $48 |
| EBITDA | $180 | $175 | $165 | $210 |
| % Margin | 29.1% | 29% | 28.3% | 35.5% |