Morningstar Revenue, Profits - MORN Quarterly Income Statement

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$81.83 $0.2 (0.25%) MORN stock closing price Aug 21, 2017 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Morningstar stock price. The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. The income statement is generated for a specific period of time. The revenue increase of $229.2M for 2017-Q2 impacts the MORN stock. Investors typically check year over year or quarter over quarter revenue growth. The operating expenses (also check: Morningstar assets and Morningstar free cash flow) as shown in the Morningstar profit and loss statement 2017-Q2 total to $183.2M. This line item has increased from $181.1M compared with last quarter. View details of revenue and profits for Morningstar for latest & last 40 quarters.

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Fiscal year is Jan - Dec.2017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q1
Morningstar Net Sales or Revenues
229.2M209.5M212.2M196.1M198.2M192.1M201.6M195.3M202.1M189.8M
Cost Of Goods Sold (COGS)95.3M97M88M84.9M86.1M85.3M84.8M83.4M83.2M78.7M
Morningstar Gross Profit
133.9M112.5M124.2M111.2M112.1M106.8M116.8M111.9M118.9M111.1M
Research & Development Expense----------
Selling General & Admin Expense66.4M62.6M55.6M48.9M50.4M47.9M50M49.3M52.9M51.5M
Income Before Depreciation Depletion Amortization67.5M49.9M68.6M62.3M61.7M58.9M66.8M62.6M66M59.6M
Depreciation Depletion Amortization21.5M21.5M18.7M18.1M17.3M16.6M16.6M16.4M16.3M15.1M
Non Operating Income15.3M-1.3M38.5M2.1M3M0.5M1.5M1.4M0.6M-0.4M
Interest Expense----------
Morningstar Pretax Income
61.3M27.1M88.4M46.3M47.4M42.8M51.7M47.6M50.3M44.1M
Provision for Income Taxes15M8.3M17.2M16.5M15.4M14.6M14.6M14.6M18.7M14.8M
Minority Interest------0.1M--0.1M
Investment Gains Losses-0.2M-0.8M-0.9M0.4M-0.2M0.5M0.2M0.5M0.6M0.5M
Other Income----------
Income Before Extraordinaries & Disc Operations46.1M18M70.3M30.2M31.8M28.7M37.3M33.5M32.2M29.7M
Extraordinary Items & Discontinued Operations----------
Morningstar Net Income (Profit/Loss)
46.1M18M70.3M30.2M31.8M28.7M37.3M33.5M32.2M29.7M
Average Shares used to compute Diluted EPS43.1M43.2M43.2M43.3M43.3M43.1M43.9M44.3M44.4M44.5M
Average Shares used to compute Basic EPS42.9M42.9M43M43.1M43M43M43.8M44.2M44.3M44.3M
Income Before Nonrecurring Items28.1M18M33.2M30.2M31.8M28.7M37.3M33.5M32.2M29.7M
Income from Nonrecurring Items18M-37.1M-------
Morningstar Earnings Per Share Basic Net
1.070.421.630.700.740.670.850.760.730.67
Morningstar Earnings Per Share Diluted Net
1.070.421.630.700.730.670.850.760.720.67
EPS Diluted Before Nonrecurring Items0.650.420.770.700.730.670.850.760.720.67
Preferred Dividends Acc Pd----------
Dividends Common9.789.87--------
Dividend Per Share Common0.230.230.220.220.220.220.190.190.190.19
All figures in USD. M: Millions of USD, B: Billions of USD.
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MORN
It is very helpful to read a report on Morningstar stock analysis. An investor must check the following items in an income statement:
  • Revenue: This is the inflow that is generated from the sale of goods or services and is $229.2M for this quarter of 2017-Q2. Our Morningstar revenue chart gives a clear visual representation of how the topline growth has been. Investors often invest in only those companies where the revenue is growing at a steady rate.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $229.2M - other expenses = $46.1M for MORN stock. An improving bottomline implies that the company is growing profits.
The income statement is also called statement of revenue and expense. The financials along with Morningstar historical stock prices provides a lot of details about the firm. .

Morningstar Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
21.4210
PS ratio (
price sales ratio
)
4.1446
Operating margin
20.1
Net profit margin
20.1
Dividend yield
1.1%