Morningstar Inc (OQ:MORN)

Sector:  Industrials Industry:  Professional Information Services
 
See Regulatory Filings on SEC
Company Contact
Address: 22 W Washington St
CHICAGO IL 60602
Tel: N/A
Website: https://www.morningstar.com
IR: See website
<
Key People
Joe Mansueto
Executive Chairman of the Board
Kunal Kapoor
Chief Executive Officer, Director
Jason Dubinsky
Chief Financial Officer
Conan Wiersema
Principal Accounting Officer
Danny Dunn
Chief Revenue Officer
 
Business Overview
Morningstar, Inc. is a provider of independent investment insights. It operates through five segments: Morningstar Data and Analytics, PitchBook, Morningstar Wealth, Morningstar Credit, and Morningstar Retirement. Morningstar Data and Analytics segment provides investors comprehensive data, research and insights, and investment analysis to empower investment decision-making. PitchBook segment provides investors with access to a collection of data and research covering the private capital markets, including venture capital, private equity, private credit and bank loans, and merger and acquisition activities. Morningstar Wealth segment brings together its model portfolios and wealth platform and practice and portfolio management software for registered investment advisers (RIAs). Morningstar Credit segment provides investors with credit ratings, research, data, and credit analytics solutions. Morningstar Retirement segment include managed retirement accounts and fiduciary services.
Financial Overview
For the fiscal year ended 31 December 2023, Morningstar Inc revenues increased 9% to $2.04B. Net income increased 100% to $141.1M. Revenues reflect United States segment increase of 9% to $1.47B, Continental Europe segment increase of 14% to $185.5M. Net income benefited from Stock Based Compensation-G&A decrease of 61% to $20.7M (expense), Other income (expense), net increase from $6.7M (expense) to $11.5M (income).
Employees: 11,334 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $13,508M as of Mar 31, 2024
Annual revenue (TTM): $2,039M as of Mar 31, 2024
EBITDA (TTM): $471.80M as of Mar 31, 2024
Net annual income (TTM): $141.10M as of Mar 31, 2024
Free cash flow (TTM): $133.40M as of Mar 31, 2024
Net Debt Last Fiscal Year: $583.40M as of Mar 31, 2024
Shares outstanding: 42,745,175 as of Mar 1, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.