Company Growth (employees)
Morningstar was founded in 1984 and is headquartered in Chicago, US
Key People at Morningstar
Stephane Biehler
Chief Financial Officer
Kunal Kapoor
President
Haywood Kelly
Head of Global Research
Bevin Desmond
head of global information products and service
Thomas Idzorek
President - Morningstar Investment Management
Morningstar Office Locations
Morningstar has an office in Chicago
Chicago, US (HQ)
22 West Washington Street
Morningstar Data and Metrics
Morningstar Financial Metrics
Morningstar's revenue was reported to be $798.6 m in FY, 2016 which is a 1% increase from the previous period.
USD
Revenue (FY, 2016) | 798.6 m |
Revenue growth (FY, 2015 - FY, 2016), % | 1% |
Gross profit (FY, 2016) | 454.3 m |
Gross profit margin (FY, 2016), % | 57% |
Net income (FY, 2016) | 161 m |
EBIT (FY, 2016) | 180.8 m |
Market capitalization (26-Jun-2017) | 3.3 b |
Closing share price (26-Jun-2017) | 77 |
Cash (31-Dec-2016) | 259.1 m |
EV | 3.3 b |
Morningstar's current market capitalization is $3.3 b.
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 760.1 m | 788.8 m | 798.6 m |
Revenue growth, % | 9% | 4% | 1% |
Cost of goods sold | 318.6 m | 330.1 m | 344.3 m |
Gross profit | 441.4 m | 458.7 m | 454.3 m |
Gross profit Margin, % | 58% | 58% | 57% |
Operating expense total | 335.8 m | 268.1 m | 617.8 m |
EBIT | 105.6 m | 190.6 m | 180.8 m |
EBIT margin, % | 14% | 24% | 23% |
Pre tax profit | 114 m | 193.7 m | 224.9 m |
Income tax expense | 35.7 m | 62.7 m | 63.7 m |
Net Income | 78.3 m | 132.8 m | 161 m |
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 185.2 m | 207.1 m | 259.1 m |
Accounts Receivable | 136.7 m | 139.3 m | 145.8 m |
Current Assets | 399.8 m | 409.9 m | 472 m |
PP&E | 117.6 m | 134.5 m | 152.1 m |
Goodwill | 370.1 m | 364.2 m | 556.8 m |
Total Assets | 1 b | 1 b | 1.4 b |
Accounts Payable | 34.3 m | 39.2 m | 44.6 m |
Total Debt | 30 m | 35 m | 250 m |
Current Liabilities | 293.8 m | 304.4 m | 294.9 m |
Total Liabilities | 364.9 m | 388.4 m | 654.1 m |
Additional Paid-in Capital | 561.1 m | 575.5 m | 584 m |
Retained Earnings | 641.5 m | 739.2 m | 861.9 m |
Total Equity | 654.4 m | 640.6 m | 696.8 m |
Debt to Equity Ratio | 0 x | 0.1 x | 0.4 x |
Debt to Assets Ratio | 0 x | 0 x | 0.2 x |
Financial Leverage | 1.6 x | 1.6 x | 1.9 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 78.3 m | 132.8 m | 161 m |
Cash From Operating Activities | 136.6 m | 241.5 m | 213.7 m |
Capital Expenditures | (58.3 m) | (57.3 m) | (62.8 m) |
Cash From Investing Activities | (31.2 m) | (79.5 m) | (274.2 m) |
Cash From Financing Activities | (76.1 m) | (127.5 m) | 123.7 m |
Free Cash Flow | 78.3 m | 184.2 m | 150.9 m |
| USD | Y, 2016 |
|---|---|
EV/EBIT | 18.4 x |
EV/CFO | 15.5 x |
EV/FCF | 22 x |
Revenue/Employee | 199.7 k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.9 x |
Morningstar Operating Metrics
Morningstar's Assets Under Management was reported to be $192.6 b in FY, 2016, which is a 7% increase from the previous period
- Source: SEC Filings
Morningstar Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| PitchBook Data | October 14, 2016 | $180 m |
| HelloWallet | May 29, 2014 | $5.3 m |
Morningstar Market Value History
Morningstar Revenue Breakdown
Morningstar Median Salaries
Source: 100 public H-1B filings from Morningstar
