Morningstar, Inc.
MORN · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $2,275,100 | $2,038,600 | $1,870,600 | $1,699,300 |
| % Growth | 11.6% | 9% | 10.1% | – |
| Cost of Goods Sold | $895,700 | $843,500 | $779,300 | $698,400 |
| Gross Profit | $1,379,400 | $1,195,100 | $1,091,300 | $1,000,900 |
| % Margin | 60.6% | 58.6% | 58.3% | 58.9% |
| R&D Expenses | $0 | $81,200 | $0 | $0 |
| G&A Expenses | $327,200 | $355,800 | $400,400 | $318,400 |
| SG&A Expenses | $768,200 | $779,600 | $756,900 | $593,200 |
| Sales & Mktg Exp. | $441,000 | $423,800 | $356,500 | $274,800 |
| Other Operating Expenses | $126,400 | $103,700 | $166,600 | $150,700 |
| Operating Expenses | $894,600 | $964,500 | $923,500 | $743,900 |
| Operating Income | $484,800 | $230,600 | $167,800 | $257,000 |
| % Margin | 21.3% | 11.3% | 9% | 15.1% |
| Other Income/Exp. Net | -$10,900 | -$56,500 | -$40,800 | -$1,100 |
| Pre-Tax Income | $473,900 | $174,100 | $127,000 | $255,900 |
| Tax Expense | $104,000 | $33,000 | $56,500 | $62,600 |
| Net Income | $369,900 | $141,100 | $70,500 | $193,300 |
| % Margin | 16.3% | 6.9% | 3.8% | 11.4% |
| EPS | 8.64 | 3.31 | 1.65 | 4.5 |
| % Growth | 161% | 100.6% | -63.3% | – |
| EPS Diluted | 8.58 | 3.29 | 1.64 | 4.45 |
| Weighted Avg Shares Out | 42,800 | 42,600 | 42,600 | 43,000 |
| Weighted Avg Shares Out Dil | 43,100 | 42,900 | 42,900 | 43,400 |
| Supplemental Information | – | – | – | – |
| Interest Income | $12,200 | $9,000 | $1,700 | $1,700 |
| Interest Expense | $49,900 | $60,700 | $28,400 | $8,700 |
| Depreciation & Amortization | $190,400 | $184,900 | $166,600 | $150,700 |
| EBITDA | $731,600 | $427,100 | $325,600 | $409,900 |
| % Margin | 32.2% | 21% | 17.4% | 24.1% |