Morningstar

Morningstar, Inc. is a provider of independent investment research. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. The Company also offers investment management services through its investment advisory subsidiaries.

Company Growth (employees)
Type
Public
HQ
Chicago, US
Founded
1984
Size (employees)
4,820 (est)+4%
Morningstar was founded in 1984 and is headquartered in Chicago, US

Key People/Management at Morningstar

Jason Dubinsky

Jason Dubinsky

Chief Financial Officer
Kunal Kapoor

Kunal Kapoor

President
Haywood Kelly

Haywood Kelly

Head of Global Research
Thomas Idzorek

Thomas Idzorek

President - Morningstar Investment Management
Bevin Desmond

Bevin Desmond

Head of Global Information Products and Service

Morningstar Office Locations

Morningstar has an office in Chicago
Chicago, US (HQ)
22 West Washington Street
Show all (1)

Morningstar Financials and Metrics

Morningstar Financials

Morningstar's revenue was reported to be $798.6 m in FY, 2016
USD

Revenue (Q3, 2017)

229.9 m

Gross profit (Q3, 2017)

139 m

Gross profit margin (Q3, 2017), %

60%

Net income (Q3, 2017)

33.9 m

EBIT (Q3, 2017)

52.8 m

Market capitalization (22-Dec-2017)

4.1 b

Cash (30-Sep-2017)

270.3 m

EV

4.1 b
Morningstar's current market capitalization is $4.1 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

760.1 m788.8 m798.6 m

Revenue growth, %

9%4%1%

Cost of goods sold

318.6 m330.1 m344.3 m

Gross profit

441.4 m458.7 m454.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

173.5 m181.2 m189.4 m193.1 m189.8 m202.1 m195.3 m192.1 m198.2 m196.1 m209.5 m229.2 m229.9 m

Cost of goods sold

72.4 m75.7 m81.4 m80.1 m78.7 m83.2 m83.4 m85.3 m86.1 m84.9 m97 m95.3 m90.9 m

Gross profit

101.1 m105.5 m108 m113 m111.1 m118.9 m111.9 m106.8 m112.1 m111.2 m112.5 m133.9 m139 m

Gross profit Margin, %

58%58%57%58%59%59%57%56%57%57%54%58%60%
USDFY, 2014FY, 2015FY, 2016

Cash

185.2 m207.1 m259.1 m

Accounts Receivable

136.7 m139.3 m145.8 m

Current Assets

399.8 m409.9 m472 m

PP&E

117.6 m134.5 m152.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

177 m204.6 m176.3 m189.3 m204.6 m225.6 m223.7 m185.2 m202.4 m219.4 m265.8 m285.6 m270.3 m

Current Assets

489.4 m424.9 m402.6 m388.3 m418.5 m435.4 m420.1 m400.4 m409 m413.1 m486.1 m507.4 m497.9 m

Goodwill

326.7 m327.9 m388.8 m379 m359.8 m364.2 m359.9 m367.9 m371.5 m370.7 m558.3 m561.5 m565.4 m

Total Assets

1.1 b1 b1.1 b1 b1 b1 b1 b1 b1.1 b1.1 b1.4 b1.4 b1.4 b
    USDFY, 2014FY, 2015FY, 2016

    Net Income

    78.3 m132.8 m161 m

    Depreciation and Amortization

    70.7 m

    Cash From Operating Activities

    136.6 m241.5 m213.7 m

    Capital Expenditures

    (58.3 m)(57.3 m)(62.8 m)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

    Net Income

    31.4 m26.3 m(9.8 m)30.2 m29.8 m32.2 m33.5 m28.7 m31.8 m30.2 m18 m

    Depreciation and Amortization

    11.3 m12.4 m13.4 m14.6 m15.1 m16.3 m16.4 m16.6 m17.3 m18.1 m21.5 m
      USDY, 2017

      EV/EBIT

      76.9 x

      Revenue/Employee

      47.7 k

      Debt/Equity

      0.3 x

      Debt/Assets

      0.1 x

      Financial Leverage

      1.8 x
      Show all financial metrics

      Morningstar Operating Metrics

      Morningstar's Assets Under Management was reported to be $212.5 b in Q2, 2017
      FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

      Countries

      2727272727272727272727

      Asset Management Firms Served

      1.7 k1.3 k1.4 k

      Retirement Plan Providers Served

      242827

      Individual Investors Served

      9.9 m10.1 m10.9 m
      Show all operating metrics

      Morningstar Acquisitions / Subsidiaries

      Acquired CompanyDateDeal Size
      PitchBook DataOctober 14, 2016$180 m
      HelloWalletMay 29, 2014$5.3 m

      Morningstar Market Value History

      Morningstar Revenue Breakdown

      Morningstar Median Salaries

      Source: 100 public H-1B filings from Morningstar

      Morningstar's Web-traffic and Trends

      Morningstar Online and Social Media Presence

      Morningstar News and Updates

      $12 Billion Swedish Stock Manager Is Betting on H&M Turnaround

      “They have a better insight of the disease and measures now,” John Hernander, chief investment officer at Nordea Asset Management

      Pirc says abstain on LSE "governance crisis" vote but Qatar backs chairman

      An influential investment group has accused London Stock Exchange (LSE) chairman Donald Brydon of presiding over a "governance crisis" as it recommended shareholders abstain on a crucial vote on his future. The Pensions and Investment Research Consultants (Pirc) this evening said: "The board’s mi…

      VC data looks at why companies buy AI startups

      GUEST: The recent acquisition of Blue River Technology by John Deere is an artificial intelligence deal at its best. It shows the impact AI can have across various industries, as well as the scale of that impact. Leaders of previous technological revolutions are paying hundreds of millions for nimbl…

      Weighing the Week Ahead: A Seinfeld Market?

      This article is published in collaboration with Scutify, where you can find real-time markets a

      Morningstar names two Baird bond funds to Fantastic 40 list

      Employee-owned Baird announced today Baird Core Plus Bond Fund (BCOIX/BCOSX) has been selected to join Baird Short-Term Bond Fund (BSBIX/BSBSX) on Morningstar’s annual Fantastic 40 mutual fund list. To develop the list, Morningstar’s Russel Kinnel, Director Manager Research and Editor, pared the uni…

      Morningstar names two Baird bond funds to Fantastic 40 list

      Employee-owned Baird announced today Baird Core Plus Bond Fund (BCOIX/BCOSX) has been selected to join Baird Short-Term Bond Fund (BSBIX/BSBSX) on Morningstar’s annual Fantastic 40 mutual fund list. To develop the list, Morningstar’s Russel Kinnel, Director Manager Research and Editor, pared the uni…

      Morningstar Company Life and Culture

      You may also be interested in