Last quarter (Q4 2023), Morningstar's total revenue was $538.70M, an increase of 13.41% from the same quarter last year. In Q4, Morningstar's net income was $73.50M. See Morningstar’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 2.04B	$ 2.04B	$ 1.87B	$ 1.70B	$ 1.39B	$ 1.18B
Cost of Revenue	$ 405.90M	$ 843.50M	$ 779.30M	$ 698.40M	$ 556.40M	$ 483.10M
Gross Profit	$ 1.63B	$ 1.20B	$ 1.09B	$ 1.00B	$ 833.10M	$ 695.90M
Operating Expense	$ 491.70M	$ 964.50M	$ 923.50M	$ 743.90M	$ 617.90M	$ 506.30M
Operating Income	$ 1.14B	$ 230.60M	$ 167.80M	$ 257.00M	$ 215.20M	$ 189.60M
Net Non Operating Interest Income Expense	$ -63.50M	$ -51.70M	$ -28.40M	$ -8.70M	$ -9.50M	$ -8.70M
Other Income Expense	$ -7.00M	$ 4.80M	$ 12.40M	$ 2.20M	$ 77.30M	$ 17.60M
Pretax Income	$ 179.70M	$ 181.50M	$ 130.60M	$ 250.50M	$ 283.00M	$ 198.50M
Tax Provision	$ 16.20M	$ 33.00M	$ 56.50M	$ 62.60M	$ 59.70M	$ 45.60M
Earnings From Equity Interest Net Of Tax	$ -7.40M	$ -7.40M	$ -3.60M	$ 5.40M	$ 300.00K	$ -900.00K
Net Income Common Stockholders	$ 1.07B	$ 141.10M	$ 70.50M	$ 193.30M	$ 223.60M	$ 152.00M
Basic EPS	$ 3.32	$ 3.31	$ 1.65	$ 4.50	$ 5.22	$ 3.56
Diluted EPS	$ 3.28	$ 3.29	$ 1.64	$ 4.45	$ 5.18	$ 3.52
Basic Average Shares	$ 170.40M	$ 42.60M	$ 42.60M	$ 43.00M	$ 42.90M	$ 42.70M
Diluted Average Shares	$ 171.60M	$ 42.90M	$ 42.90M	$ 43.40M	$ 43.20M	$ 43.20M
Dividend Per Share	$ 1.53	$ 1.53	$ 1.46	$ 1.30	$ 1.22	$ 1.14
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	$ 6.36	$ 5.40	$ 4.27
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 897.60M	$ 1.81B	$ 1.70B	$ 1.44B	$ 1.17B	$ 989.40M
Net Income From Continuing And Discontinued Operation	$ 141.10M	$ 141.10M	$ 70.50M	$ 193.30M	$ 223.60M	$ 152.00M
Normalized Income	$ 129.88M	$ 158.78M	$ 131.17M	$ 188.85M	$ 158.11M	$ 136.06M
Interest Expense	-	-	-	$ 10.40M	$ 11.10M	$ 11.10M
EBIT	$ 204.80M	$ 181.50M	$ 130.60M	$ 260.90M	$ 294.10M	$ 209.60M
EBITDA	$ 300.10M	$ 366.40M	$ 297.20M	$ 411.60M	$ 433.60M	$ 327.30M

Currency in USD

Morningstar Earnings and Revenue History

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