Morningstar Revenue, Profits - MORN Quarterly Income Statement

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$95.44 $1.21 (1.25%) MORN stock closing price Feb 21, 2018 (Closing)

Looking at financial statements, along with the Morningstar stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue increase to $229.9M for 2017 Q3 impacts the MORN stock. Investors typically check year over year or quarter over quarter revenue growth. The operating expenses as shown in the Morningstar profit and loss statement for 2017 Q3 total to $86.2M. This line item shows that the operating expenses has decreased compared with last year. Also check: Morningstar assets and Morningstar free cash flow.

View and download details of revenue and profits for Morningstar for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Morningstar Revenues or Net Sales
229.9M229.2M209.5M212.2M196.1M198.2M192.1M201.6M195.3M
Cost Of Goods Sold (COGS)90.9M95.3M97M88M84.9M86.1M85.3M84.8M83.4M
Morningstar Gross Profit
139M133.9M112.5M124.2M111.2M112.1M106.8M116.8M111.9M
Research & Development Expense---------
Selling General & Admin Expense64.4M66.4M62.6M55.6M48.9M50.4M47.9M50M49.3M
Income Before Depreciation Depletion Amortization74.6M67.49M49.9M68.6M62.3M61.7M58.9M66.8M62.6M
Depreciation Depletion Amortization21.8M21.5M21.5M18.7M18.1M17.3M16.6M16.6M16.4M
Non Operating Income-2M15.3M-1.3M38.5M2.1M3M-1.5M1.4M
Interest Expense---------
Morningstar Pretax Income
50.8M61.3M27.1M88.4M46.3M47.4M42.8M51.7M47.6M
Provision for Income Taxes16.9M15M8.3M17.2M16.5M15.4M14.6M14.6M14.6M
MinorityInterest---------
Investment Gains Losses--0.2M-0.8M-0.9M--0.2M---
Other Income---------
Income Before Extraordinaries & Disc Operations33.9M46.1M18M70.3M30.2M31.8M28.7M37.3M33.5M
Extraordinary Items & Discontinued Operations---------
Morningstar Profit/ Loss (Net Income)
33.9M46.1M18M70.3M30.2M31.8M28.7M37.3M33.5M
Average Shares used to compute Diluted EPS42.8M43.1M43.2M43.2M43.3M43.3M43.1M43.9M44.3M
Average Shares used to compute Basic EPS42.5M42.9M42.9M43M43.1M43M43M43.8M44.2M
Income Before Nonrecurring Items33.9M28.1M18M33.2M30.2M31.8M28.7M37.3M33.5M
Income from Nonrecurring Items-18M-37.1M-----
Morningstar Earnings Per Share Basic Net
0.801.070.421.630.700.740.670.850.76
Morningstar Earnings Per Share Diluted Net
-1.07M-1.63M-----
EPS Diluted Before Nonrecurring Items0.790.650.420.770.700.730.670.850.76
Preferred Dividends Acc Pd---------
Dividends Common9.78--------
Dividend Per Share Common0.230.230.230.220.220.220.220.190.19
All figures in USD. M: Millions of USD, B: Billions of USD.
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Morningstar stock analysis involves checking at least a few of the important things like:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that MORN stock has a topline or revenue of $229.9M for 2017 Q3 as per this Morningstar revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. MORN stock had a poor bottom line growth.

The income statement is also called statement of revenue and expense. The MORN financials along with Morningstar historical stock prices provide a lot of details about the firm.

Morningstar Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
24.41
PS Ratio (price sales ratio)
4.61
Operating Margin
23
Net Profit Margin
14.7
Dividend Yield
0.95%