Morningstar Gross Profit from 2010 to 2024

MORN Stock  USD 303.01  5.05  1.69%   
Morningstar Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to grow to about 1.1 B this year. Gross Profit is the profit Morningstar makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2003-03-31
Previous Quarter
312.6 M
Current Value
290.5 M
Quarterly Volatility
74.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Morningstar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Morningstar main balance sheet or income statement drivers, such as Depreciation And Amortization of 194.1 M, Interest Expense of 63.7 M or Total Revenue of 2.2 B, as well as many exotic indicators such as Price To Sales Ratio of 6.25, Dividend Yield of 0.008 or PTB Ratio of 9.01. Morningstar financial statements analysis is a perfect complement when working with Morningstar Valuation or Volatility modules.
  
This module can also supplement Morningstar's financial leverage analysis and stock options assessment as well as various Morningstar Technical models . Check out the analysis of Morningstar Correlation against competitors.
To learn how to invest in Morningstar Stock, please use our How to Invest in Morningstar guide.

Latest Morningstar's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Morningstar over the last few years. Gross profit is a required income statement account that reflects total revenue of Morningstar minus its cost of goods sold. It is profit before Morningstar operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Morningstar's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Morningstar's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.09 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Morningstar Gross Profit Regression Statistics

Arithmetic Mean643,415,933
Geometric Mean553,496,400
Coefficient Of Variation47.14
Mean Deviation251,786,587
Median525,100,000
Standard Deviation303,336,482
Sample Variance92013T
Range1B
R-Value0.94
Mean Square Error11287.1T
R-Squared0.89
Slope63,848,307
Total Sum of Squares1288182.3T

Morningstar Gross Profit History

20241.1 B
2023B
20221.1 B
2021B
2020833.1 M
2019695.9 M
2018608.8 M

Other Fundumenentals of Morningstar

Morningstar Gross Profit component correlations

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Click cells to compare fundamentals

About Morningstar Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Morningstar income statement, its balance sheet, and the statement of cash flows. Morningstar investors use historical funamental indicators, such as Morningstar's Gross Profit, to determine how well the company is positioned to perform in the future. Although Morningstar investors may use each financial statement separately, they are all related. The changes in Morningstar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Morningstar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Morningstar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Morningstar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross ProfitB1.1 B
Gross Profit Margin 0.50  0.72 

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When determining whether Morningstar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Morningstar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Morningstar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Morningstar Stock:
Check out the analysis of Morningstar Correlation against competitors.
To learn how to invest in Morningstar Stock, please use our How to Invest in Morningstar guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Morningstar Stock analysis

When running Morningstar's price analysis, check to measure Morningstar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Morningstar is operating at the current time. Most of Morningstar's value examination focuses on studying past and present price action to predict the probability of Morningstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morningstar's price. Additionally, you may evaluate how the addition of Morningstar to your portfolios can decrease your overall portfolio volatility.
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Is Morningstar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Morningstar. If investors know Morningstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Morningstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
21.285
Dividend Share
1.53
Earnings Share
3.28
Revenue Per Share
47.854
Quarterly Revenue Growth
0.134
The market value of Morningstar is measured differently than its book value, which is the value of Morningstar that is recorded on the company's balance sheet. Investors also form their own opinion of Morningstar's value that differs from its market value or its book value, called intrinsic value, which is Morningstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Morningstar's market value can be influenced by many factors that don't directly affect Morningstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morningstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.