Current Net Margin
17.95%
Morningstar, Inc. currently has a net profit margin of 17.95%.
Financial Fundamentals
MORN • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-31 | 0.64 | 0.12 | 17.95% | ▲312 |
| 2025-09-30 | 0.62 | 0.09 | 14.84% | ▲13 |
| 2025-06-30 | 0.61 | 0.09 | 14.71% | ▲122 |
| 2025-03-31 | 0.58 | 0.08 | 13.49% | ▼629 |
| 2024-12-31 | 0.59 | 0.12 | 19.78% | ▼124 |
| 2024-09-30 | 0.57 | 0.12 | 21.02% | ▲894 |
| 2024-06-30 | 0.57 | 0.07 | 12.08% | ▲25 |
| 2024-03-31 | 0.54 | 0.06 | 11.83% | ▼182 |
| 2023-12-31 | 0.54 | 0.07 | 13.64% | ▲606 |
| 2023-09-30 | 0.52 | 0.04 | 7.58% | ▲43 |
| 2023-06-30 | 0.50 | 0.04 | 7.15% | ▲874 |
| 2023-03-31 | 0.48 | -0.01 | -1.58% | ▼228 |
| 2022-12-31 | 0.47 | 0.00 | 0.69% | ▲262 |
| 2022-09-30 | 0.47 | -0.01 | -1.92% | ▼832 |
| 2022-06-30 | 0.47 | 0.03 | 6.40% | ▼369 |
| 2022-03-31 | 0.46 | 0.05 | 10.09% | ▼214 |
| 2021-12-31 | 0.46 | 0.06 | 12.22% | ▲80 |
| 2021-09-30 | 0.43 | 0.05 | 11.42% | ▲350 |
| 2021-06-30 | 0.42 | 0.03 | 7.92% | ▼606 |
| 2021-03-31 | 0.39 | 0.05 | 13.98% | ▼582 |
| 2020-12-31 | 0.38 | 0.08 | 19.79% | ▼154 |
| 2020-09-30 | 0.36 | 0.08 | 21.33% | ▲663 |
| 2020-06-30 | 0.33 | 0.05 | 14.70% | ▲732 |
| 2020-03-31 | 0.32 | 0.02 | 7.38% | ▼93 |
| 2019-12-31 | 0.33 | 0.03 | 8.30% | ▼734 |
| 2019-09-30 | 0.31 | 0.05 | 15.65% | ▲28 |
| 2019-06-30 | 0.27 | 0.04 | 15.37% | ▲255 |
| 2019-03-31 | 0.26 | 0.03 | 12.82% | ▼332 |
| 2018-12-31 | 0.26 | 0.04 | 16.14% | ▼564 |
| 2018-09-30 | 0.26 | 0.06 | 21.78% | ▲521 |
| 2018-06-30 | 0.25 | 0.04 | 16.56% | ▼65 |
| 2018-03-31 | 0.24 | 0.04 | 17.21% | ▲121 |
| 2017-12-31 | 0.24 | 0.04 | 16.00% | ▲126 |
| 2017-09-30 | 0.23 | 0.03 | 14.75% | ▼537 |
| 2017-06-30 | 0.23 | 0.05 | 20.11% | ▲1152 |
| 2017-03-31 | 0.21 | 0.02 | 8.59% | ▼2454 |
| 2016-12-31 | 0.21 | 0.07 | 33.13% | ▲1773 |
| 2016-09-30 | 0.20 | 0.03 | 15.40% | ▼64 |
| 2016-06-30 | 0.20 | 0.03 | 16.04% | ▲110 |
| 2016-03-31 | 0.19 | 0.03 | 14.94% | ▼356 |
| 2015-12-31 | 0.20 | 0.04 | 18.50% | ▲135 |
| 2015-09-30 | 0.20 | 0.03 | 17.15% | ▲122 |
| 2015-06-30 | 0.20 | 0.03 | 15.93% | ▲28 |
| 2015-03-31 | 0.19 | 0.03 | 15.65% | ▼40 |
| 2014-12-31 | 0.20 | 0.03 | 16.04% | ▲41 |
| 2014-09-30 | 0.19 | 0.03 | 15.64% | ▲2081 |
| 2014-06-30 | 0.19 | -0.01 | -5.17% | ▼1974 |
| 2014-03-31 | 0.18 | 0.03 | 14.57% | ▼279 |
| 2013-12-31 | 0.18 | 0.03 | 17.36% | ▼78 |
| 2013-09-30 | 0.17 | 0.03 | 18.14% | ▲40 |
| 2013-06-30 | 0.18 | 0.03 | 17.74% | ▲20 |
| 2013-03-31 | 0.17 | 0.03 | 17.54% | ▼179 |
| 2012-12-31 | 0.17 | 0.03 | 19.33% | ▲251 |
| 2012-09-30 | 0.16 | 0.03 | 16.82% | ▲2 |
| 2012-06-30 | 0.17 | 0.03 | 16.80% | ▲428 |
| 2012-03-31 | 0.16 | 0.02 | 12.53% | ▼510 |
| 2011-12-31 | 0.16 | 0.03 | 17.63% | ▲427 |
| 2011-09-30 | 0.16 | 0.02 | 13.36% | ▼309 |
| 2011-06-30 | 0.16 | 0.03 | 16.45% | ▲160 |
| 2011-03-31 | 0.15 | 0.02 | 14.85% | ▼327 |
| 2010-12-31 | 0.15 | 0.03 | 18.12% | ▲47 |
| 2010-09-30 | 0.14 | 0.02 | 17.65% | ▲442 |
| 2010-06-30 | 0.14 | 0.02 | 13.23% | ▼251 |
| 2010-03-31 | 0.13 | 0.02 | 15.74% | ▲397 |
| 2009-12-31 | 0.12 | 0.01 | 11.77% | ▼699 |
| 2009-09-30 | 0.12 | 0.02 | 18.75% | ▲151 |
| 2009-06-30 | 0.12 | 0.02 | 17.25% | ▼414 |
| 2009-03-31 | 0.12 | 0.02 | 21.38% | ▲523 |
| 2008-12-31 | 0.12 | 0.02 | 16.16% | ▼152 |
| 2008-09-30 | 0.13 | 0.02 | 17.68% | ▼350 |
| 2008-06-30 | 0.13 | 0.03 | 21.17% | ▲278 |
| 2008-03-31 | 0.13 | 0.02 | 18.40% | ▲145 |
| 2007-12-31 | 0.12 | 0.02 | 16.94% | ▼81 |
| 2007-09-30 | 0.11 | 0.02 | 17.75% | ▲109 |
| 2007-06-30 | 0.11 | 0.02 | 16.66% | ▲12 |
| 2007-03-31 | 0.10 | 0.02 | 16.54% | ▲90 |
| 2006-12-31 | 0.09 | 0.01 | 15.64% | ▼92 |
| 2006-09-30 | 0.08 | 0.01 | 16.56% | ▲192 |
| 2006-06-30 | 0.08 | 0.01 | 14.64% | ▼454 |
| 2006-03-31 | 0.07 | 0.01 | 19.18% | ▲257 |
| 2005-12-31 | 0.06 | 0.01 | 16.62% | ▲341 |
| 2005-09-30 | 0.06 | 0.01 | 13.21% | ▼368 |
| 2005-06-30 | 0.06 | 0.01 | 16.89% | ▲936 |
| 2005-03-31 | 0.05 | 0.00 | 7.53% | ▲987 |
| 2004-12-31 | 0.05 | -0.00 | -2.34% | ▼1113 |
| 2004-09-30 | 0.05 | 0.00 | 8.79% | ▲567 |
| 2004-06-30 | 0.04 | 0.00 | 3.12% | ▼784 |
| 2004-03-31 | 0.04 | 0.00 | 10.96% | ▲18857 |
| 2001-09-30 | 0.02 | -0.04 | -177.61% | ▼7945 |
| 2001-03-31 | 0.02 | -0.02 | -98.16% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.