- $6.21bn
- $6.75bn
- $2.45bn
Annual income statement for Morningstar, fiscal year end - December 31st, USD millions except per share, conversion factor applied.
2021 December 31st | 2022 December 31st | 2023 December 31st | 2024 December 31st | 2025 December 31st | |
|---|---|---|---|---|---|
| Period Length: | 12 M | 12 M | 12 M | 12 M | 12 M |
| Source: | 10-K | 10-K | 10-K | 10-K | 10-K |
| Standards: | USG | USG | USG | USG | USG |
| Status: | Final | Final | Final | Final | Final |
| Revenue | |||||
| Total Revenue | 1,699 | 1,871 | 2,039 | 2,275 | 2,446 |
| Cost of Revenue | |||||
| Gross Profit | 1,001 | 1,091 | 1,195 | 1,379 | 1,493 |
| Selling / General / Administrative Expenses | |||||
| Depreciation and Amortization | |||||
| Unusual Expense / Income | |||||
| Other Operating Expenses | |||||
| Total Operating Expenses | 1,442 | 1,703 | 1,808 | 1,745 | 1,919 |
| Operating Profit | 257 | 168 | 231 | 530 | 527 |
| Total Net Non Operating Interest Income / Expense | |||||
| Other Net Non Operating Costs | |||||
| Net Income Before Taxes | 251 | 131 | 182 | 491 | 499 |
| Provision for Income Taxes | |||||
| Net Income After Taxes | 188 | 74.1 | 149 | 387 | 378 |
| Equity in Affiliates | |||||
| Net Income Before Extraordinary Items | |||||
| Net Income | 193 | 70.5 | 141 | 370 | 374 |
| Income Available to Common Shareholders Excluding Extraordinary Items | |||||
| Income Available to Common Shareholders Including Extraordinary Items | |||||
| Diluted Net Income | 193 | 70.5 | 141 | 370 | 374 |
| Diluted Weighted Average Shares | |||||
| Basic EPS Including Extraordinary Items | |||||
| Diluted EPS Including Extraordinary Items | |||||
| Diluted EPS Excluding Extraordinary Items | |||||
| Normalised Income Before Taxes | |||||
| Normalised Income After Taxes | |||||
| Normalised Income Available to Common Shareholders | |||||
| Diluted Normalised EPS | 5.88 | 3.04 | 4.36 | 6.74 | 8.4 |
| Dividends per Share |