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Morningstar Inc (NAS:MORN)
Non-Recurring Items
$6.6 Mil (TTM As of Sep. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Morningstar Inc's non-recurring items for the three months ended in Sep. 2014 was $-0.8 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Sep. 2014 was $6.6 Mil.

As of today, Morningstar Inc's share price is $68.25. Morningstar Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Sep. 2014 was $1.71. Therefore, Morningstar Inc's P/E (NRI) ratio for today is 39.91.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Morningstar Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Sep. 2014 was 1.852 (Dec. 2013 ) + 0.28 (Mar. 2014 ) + 5.264 (Jun. 2014 ) + -0.813 (Sep. 2014 ) = $6.6 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Morningstar Inc's P/E (NRI) Ratio for today is calculated as

Morningstar Inc's Share Price of today is $68.25.
Morningstar Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Sep. 2014 was 0.68 (Dec. 2013 ) + 0.58 (Mar. 2014 ) + -0.22 (Jun. 2014 ) + 0.67 (Sep. 2014 ) = $1.71.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Morningstar Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income 1.41.82.3-0.9-1.8-0.14.3-0.7-2.24.6

Morningstar Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Non Operating Income -0.30.2-1.90.22.40.11.90.35.3-0.8
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