GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morningstar Inc (NAS:MORN) » Definitions » Pre-Tax Income

MORN (Morningstar) Pre-Tax Income : $491 Mil (TTM As of Dec. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Morningstar Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Morningstar's pretax income for the three months ended in Dec. 2024 was $163 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was $491 Mil. Morningstar's pretax margin was 27.56%.

During the past 13 years, Morningstar's highest Pretax Margin was 28.16%. The lowest was 6.98%. And the median was 20.12%.


Morningstar Pre-Tax Income Historical Data

The historical data trend for Morningstar's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Morningstar Pre-Tax Income Chart

Morningstar Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 283.00 250.50 130.60 181.50 491.30

Morningstar Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.30 87.00 89.50 151.90 162.90

Competitive Comparison of Morningstar's Pre-Tax Income

For the Financial Data & Stock Exchanges subindustry, Morningstar's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morningstar's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morningstar's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Morningstar's Pre-Tax Income falls into.


;
;

Morningstar Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Morningstar's Pretax Income for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=420.8+108.2+-49.9+12.2+0
=491

Morningstar's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=104.2+65.7+-10.7+3.7+2.8421709430404E-14
=163

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $491 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Morningstar  (NAS:MORN) Pre-Tax Income Explanation

Morningstar's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=162.9/591
=27.56%

During the past 13 years, Morningstar's highest Pretax Margin was 28.16%. The lowest was 6.98%. And the median was 20.12%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Morningstar Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Morningstar's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Morningstar Business Description

Traded in Other Exchanges
Address
22 West Washington Street, Chicago, IL, USA, 60602
Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, currency exchanges, and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's majority of the revenue is generated in the United States of America.
Executives
Joseph D Mansueto director, 10 percent owner, officer: Executive Chairman C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606
Jason Dubinsky officer: Chief Financial Officer C/O MORNINGSTAR, INC., 22 W. WASHINGTON STREET, CHICAGO IL 60602
William M Lyons director 225 WEST WACKER DRIVE, CHICAGO IL 60606
Daniel Joseph Dunn officer: Chief Revenue Officer C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Caroline J Tsay director C/O ROSETTA STONE INC., 1919 NORTH LYNN STREET, 7TH FLOOR, ARLINGTON VA 22209
Steven N Kaplan director 1101 EAST 58TH STREET, CHICAGO IL 60637
Robin Diamonte director C/O MORNINGSTAR, INC., 22 WEST WASHINGTON ST., CHICAGO IL 60602
Gail S Landis director MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Bevin Desmond officer: Head of Talent and Culture C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606
Cheryl A Francis director 8237 GREYSTONE COURT, BURR RIDGE IL 60527
Doniel Sutton director C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Stephen Joynt director C/O MORNINGSTAR, INC., 22 W. WASHINGTON STREET, CHICAGO IL 60602
Kimberly J Mcgarry officer: Global Controller & CAO 22 WEST WASHINGTON STREET, 6TH FLOOR, CHICAGO IL 60602
Kunal Kapoor director, officer: CEO MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Jack Noonan director 17000 GULF BLVD, UNIT B, N. REDINGTON BEACH FL 33708