Morningstar, Inc.
MORN · NASDAQ
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Revenue | $617,400 | $605,100 | $581,900 | $591,000 |
| % Growth | 2% | 4% | -1.5% | – |
| Cost of Goods Sold | $241,700 | $230,600 | $231,400 | $232,200 |
| Gross Profit | $375,700 | $374,500 | $350,500 | $358,800 |
| % Margin | 60.9% | 61.9% | 60.2% | 60.7% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $85,900 | $82,000 | $76,500 | $89,000 |
| SG&A Expenses | $201,400 | $201,700 | $189,100 | $206,200 |
| Sales & Mktg Exp. | $115,500 | $119,700 | $112,600 | $117,200 |
| Other Operating Expenses | $46,500 | $47,700 | $47,300 | -$15,600 |
| Operating Expenses | $247,900 | $249,400 | $236,400 | $190,600 |
| Operating Income | $127,800 | $125,100 | $114,100 | $168,200 |
| % Margin | 20.7% | 20.7% | 19.6% | 28.5% |
| Other Income/Exp. Net | -$4,800 | -$9,800 | -$8,200 | -$17,400 |
| Pre-Tax Income | $123,000 | $115,300 | $105,900 | $150,800 |
| Tax Expense | $31,400 | $26,300 | $27,400 | $33,900 |
| Net Income | $91,600 | $89,000 | $78,500 | $116,900 |
| % 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 | 42,400 | 42,500 | 42,800 | 42,900 |
| Weighted Avg Shares Out Dil | 42,600 | 42,800 | 43,100 | 43,100 |
| Supplemental Information | – | – | – | – |
| Interest Income | $2,400 | $2,900 | $3,500 | $3,700 |
| Interest Expense | $9,400 | $10,300 | $8,900 | $10,700 |
| Depreciation & Amortization | $47,000 | $48,500 | $47,300 | $48,400 |
| EBITDA | $179,500 | $175,300 | $164,700 | $209,900 |
| % Margin | 29.1% | 29% | 28.3% | 35.5% |