Last 7 days
0.3%
Last 30 days
15.2%
Last 90 days
3.1%
Trailing 12 Months
-8.5%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
BX | 68.0B | 12.6B | 32.84% | -15.74% | 26.26 | 5.4 | -38.48% | -50.30% |
KKR | 44.6B | 7.2B | 10.72% | -30.31% | -106.97 | 6.15 | -48.93% | -107.37% |
AMP | 33.8B | - | 13.10% | 15.34% | 10.39 | 2.44 | 6.62% | 23.70% |
BEN | 15.3B | 8.3B | 18.79% | 1.50% | 11.88 | 1.85 | -1.78% | -29.45% |
MID-CAP | ||||||||
IVZ | 8.3B | - | 2.35% | -11.79% | 9.02 | 1.05 | 2.53% | -21.61% |
AMG | 6.4B | 2.5B | 7.50% | 21.24% | 11.73 | 2.58 | 9.09% | 8.59% |
HLI | 6.2B | 1.2B | 10.61% | -4.48% | 26.59 | 5.27 | -39.99% | -44.40% |
EVR | 5.0B | 3.1B | 17.30% | 12.82% | 7.91 | 1.63 | -1.79% | -4.92% |
JHG | 4.3B | 2.4B | 11.36% | -23.48% | 13.4 | 1.79 | -12.52% | -53.48% |
LAZ | 3.8B | 3.1B | 17.84% | 2.83% | 7.26 | 1.22 | -0.74% | 3.54% |
SMALL-CAP | ||||||||
AMK | 2.0B | 597.8M | 16.04% | 14.93% | 21.72 | 3.27 | 20.12% | 2505.47% |
DHIL | 570.3M | 162.6M | 6.10% | 11.13% | 13.09 | 3.51 | -6.65% | -38.27% |
VALU | 506.5M | 40.4M | 6.98% | 3.46% | 27.82 | 12.54 | 1.01% | -33.76% |
SCU | 233.1M | 554.5M | 12.43% | -49.38% | 92.91 | 0.42 | -42.93% | -98.83% |
PZN | 161.6M | 197.7M | 0.84% | -7.62% | 4 | 0.82 | 5.01% | -33.91% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Revenue | 2.2% | 1,858 | 1,819 | 1,764 | 1,699 | 1,618 |
S&GA Expenses | 5.3% | 336 | 320 | 294 | 275 | 257 |
Costs and Expenses | 5.4% | 1,651 | 1,566 | 1,517 | 1,442 | 1,370 |
EBITDA | -12.6% | 354 | 406 | 408 | - | - |
EBITDA Margin | -14.5% | 0.19* | 0.22* | 0.23* | - | - |
Earnings Before Taxes | -27.3% | 174 | 240 | 246 | 251 | 270 |
EBT Margin | -28.9% | 0.09* | 0.13* | 0.14* | - | - |
Interest Expenses | 69.5% | 20 | 12 | 10 | 10 | 12 |
Net Income | -31.9% | 124 | 182 | 185 | 193 | 213 |
Net Income Margin | -33.4% | 0.07* | 0.10* | 0.10* | - | - |
Free Cahsflow | -10.4% | 207 | 231 | 302 | - | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Assets | -1.5% | 3,415 | 3,466 | 2,869 | 2,863 | 2,744 |
Current Assets | -3.6% | 789 | 818 | 903 | 888 | 797 |
Cash Equivalents | -2.0% | 373 | 380 | 484 | 484 | 427 |
Net PPE | 2.8% | 188 | 183 | 177 | 172 | 165 |
Goodwill | -2.3% | 1,542 | 1,579 | 1,203 | 1,207 | 1,209 |
Liabilities | 0.5% | 2,236 | 2,225 | 1,518 | 1,447 | 1,359 |
Current Liabilities | 0.6% | 806 | 801 | 721 | 784 | 693 |
. Short Term Borrowings | 9.2% | 32 | 29 | - | - | - |
Long Term Debt | -1.9% | 1,126 | 1,147 | 504 | 359 | 374 |
LT Debt, Non Current | -1.6% | 1,158 | 1,176 | 504 | 359 | 374 |
Shareholder's Equity | -5.0% | 1,179 | 1,241 | 1,352 | 1,416 | 1,386 |
Retained Earnings | -0.6% | 1,563 | 1,572 | 1,557 | 1,527 | 1,499 |
Additional Paid-In Capital | 2.0% | 739 | 725 | 715 | 689 | 686 |
Accumulated Depreciation | 3.7% | 590 | 569 | 550 | 529 | 514 |
Shares Outstanding | 0.0% | 42 | 42 | 43 | 43 | 43 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Cashflow From Operations | -5.8% | 330 | 351 | 409 | 450 | 429 |
Share Based Compensation | 19.0% | 69 | 58 | 48 | 42 | 40 |
Cashflow From Investing | 2.5% | -803.30 | -823.50 | -168.00 | -167.70 | -124.50 |
Cashflow From Financing | -4.0% | 879 | 916 | 290 | 212 | -233.10 |
Dividend Payments | 2.9% | 60 | 58 | 56 | 54 | 53 |
Buy Backs | 7.4% | 219 | 204 | 112 | 1 | 4 |
56.5%
30%
0%
Y-axis is the maximum loss one would have experienced if Morningstar was unfortunately bought at previous high price.
14.6%
17.9%
20.3%
15.9%
FIve years rolling returns for Morningstar.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-01-26 | Yorktown Management & Research Co Inc | unchanged | - | 19,973 | 1,017,970 | 1.25% |
2023-01-26 | BAKER TILLY WEALTH MANAGEMENT, LLC | reduced | -5.39 | -28,479 | 787,521 | 0.10% |
2023-01-26 | Riverview Trust Co | new | - | 12,000 | 12,000 | 0.01% |
2023-01-26 | Vigilant Capital Management, LLC | unchanged | - | - | 4,000 | -% |
2023-01-26 | CENTRAL TRUST Co | unchanged | - | 157 | 28,157 | -% |
2023-01-25 | Bard Financial Services, Inc. | unchanged | - | 5,000 | 217,000 | 0.02% |
2023-01-25 | Hanlon Investment Management, Inc. | unchanged | - | 8,180 | 433,180 | 0.15% |
2023-01-25 | Lindbrook Capital, LLC | new | - | 866 | 866 | -% |
2023-01-25 | Versant Capital Management, Inc | unchanged | - | 968 | 43,968 | 0.02% |
2023-01-25 | FIFTH THIRD BANCORP | reduced | -11.19 | -2,493 | 27,507 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2022 | select equity group, l.p. | 11.3% | 4,850,288 | SC 13G/A | |
Feb 14, 2022 | mansueto joseph d | 41.61% | 17,948,123 | SC 13G/A | |
Nov 09, 2021 | select equity group, l.p. | 10.2% | 4,394,941 | SC 13G/A | |
Feb 12, 2021 | select equity group, l.p. | 5.22% | 2,235,950 | SC 13G | |
Feb 10, 2021 | mansueto joseph d | 45.55% | 19,538,844 | SC 13G/A | |
Feb 06, 2020 | mansueto joseph d | 49.62% | 21,261,479 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Jan 24, 2023 | 8-K | Current Report | |
Jan 04, 2023 | 4 | Insider Trading | |
Jan 03, 2023 | 4 | Insider Trading | |
Dec 29, 2022 | 4 | Insider Trading | |
Dec 27, 2022 | 4 | Insider Trading | |
Dec 23, 2022 | 4 | Insider Trading | |
Dec 22, 2022 | 4 | Insider Trading | |
Dec 22, 2022 | 8-K | Current Report | |
Dec 21, 2022 | 4 | Insider Trading | |
Dec 15, 2022 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-01-03 | Mansueto Joseph D | sold | -622,854 | 217.857 | -2,859 | executive chairman |
2022-12-29 | Mansueto Joseph D | sold | -2,087,450 | 217.442 | -9,600 | executive chairman |
2022-12-28 | Mansueto Joseph D | sold | -1,087,590 | 212.42 | -5,120 | executive chairman |
2022-12-27 | Mansueto Joseph D | sold | -927,817 | 212.949 | -4,357 | executive chairman |
2022-12-23 | Mansueto Joseph D | sold | -301,337 | 214.322 | -1,406 | executive chairman |
2022-12-22 | Mansueto Joseph D | sold | -1,366,100 | 214.694 | -6,363 | executive chairman |
2022-12-21 | Mansueto Joseph D | sold | -3,106,040 | 214.209 | -14,500 | executive chairman |
2022-12-20 | Mansueto Joseph D | sold | -598,008 | 213.574 | -2,800 | executive chairman |
2022-12-19 | Mansueto Joseph D | sold | -3,109,220 | 214.429 | -14,500 | executive chairman |
2022-12-14 | Mansueto Joseph D | sold | -293,553 | 232.978 | -1,260 | executive chairman |
Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Income Statement [Abstract] | ||||
Revenue | $ 468.2 | $ 428.9 | $ 1,395.6 | $ 1,237.1 |
Operating expense: | ||||
Cost of revenue | 195.4 | 183.1 | 584.3 | 508.8 |
Sales and marketing | 89.7 | 72.9 | 262.9 | 201.3 |
General and administrative | 116.9 | 67.0 | 294.3 | 232.5 |
Depreciation and amortization | 44.2 | 38.1 | 121.8 | 112.3 |
Total operating expense | 446.2 | 361.1 | 1,263.3 | 1,054.9 |
Operating income | 22.0 | 67.8 | 132.3 | 182.2 |
Non-operating loss, net: | ||||
Interest expense, net | (10.5) | (2.3) | (17.3) | (7.3) |
Realized gains (losses) on sale of investments, reclassified from other comprehensive income | 0.0 | 1.2 | (2.1) | 4.1 |
Other loss, net | (13.8) | (3.5) | (12.9) | (2.7) |
Non-operating loss, net | (24.3) | (4.6) | (32.3) | (5.9) |
Income before income taxes and equity in net income (loss) of unconsolidated entities | (2.3) | 63.2 | 100.0 | 176.3 |
Equity in net income (loss) of unconsolidated entities | (1.3) | 1.9 | (2.7) | 4.6 |
Income tax expense | 5.4 | 16.1 | 30.1 | 44.1 |
Consolidated net income | $ (9.0) | $ 49.0 | $ 67.2 | $ 136.8 |
Net income per share: | ||||
Basic (in dollars per share) | $ (0.21) | $ 1.14 | $ 1.57 | $ 3.18 |
Diluted (in dollars per share) | (0.21) | 1.13 | 1.56 | 3.16 |
Dividends declared (in dollars per share) | 0 | 0 | 0.72 | 0.63 |
Dividends paid per common share (in dollars per share) | $ 0.36 | $ 0.32 | $ 1.08 | $ 0.95 |
Weighted average shares outstanding: | ||||
Basic (in shares) | 42.5 | 43.1 | 42.7 | 43.0 |
Diluted (in shares) | 42.7 | 43.4 | 43.0 | 43.3 |
Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Sep. 30, 2022 | Dec. 31, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 372.7 | $ 483.8 |
Investments | 34.4 | 62.3 |
Accounts receivable, less allowance for credit losses of $5.4 million and $4.5 million, respectively | 284.5 | 268.9 |
Income tax receivable | 9.5 | 8.9 |
Deferred commissions | 36.9 | 31.2 |
Prepaid expenses | 39.6 | 30.6 |
Other current assets | 11.2 | 1.9 |
Total current assets | 788.8 | 887.6 |
Goodwill | 1,542.4 | 1,207.0 |
Intangible assets, net | 559.1 | 328.2 |
Property, equipment, and capitalized software, less accumulated depreciation and amortization of $590.4 million and $529.2 million, respectively | 187.8 | 171.8 |
Operating lease assets | 185.5 | 149.2 |
Investments in unconsolidated entities | 96.9 | 63.3 |
Deferred tax asset, net | 11.5 | 12.8 |
Deferred commissions | 32.5 | 31.1 |
Other assets | 10.6 | 11.7 |
Total assets | 3,415.1 | 2,862.7 |
Current liabilities: | ||
Deferred revenue | 424.8 | 377.4 |
Accrued compensation | 194.9 | 273.7 |
Accounts payable and accrued liabilities | 67.1 | 76.5 |
Current portion of long-term debt | 32.1 | 0.0 |
Operating lease liabilities | 37.1 | 36.4 |
Contingent consideration liability | 46.4 | 17.3 |
Other current liabilities | 4.0 | 2.2 |
Total current liabilities | 806.4 | 783.5 |
Operating lease liabilities | 162.5 | 135.7 |
Accrued compensation | 19.1 | 16.3 |
Deferred tax liabilities, net | 72.5 | 101.7 |
Long-term debt | 1,125.5 | 359.4 |
Deferred revenue | 35.3 | 36.4 |
Other long-term liabilities | 14.8 | 13.8 |
Total liabilities | 2,236.1 | 1,446.8 |
Morningstar, Inc. shareholders’ equity: | ||
Common stock, no par value, 200,000,000 shares authorized, of which 42,472,580 and 43,136,273 shares were outstanding as of September 30, 2022 and December 31, 2021, respectively | 0.0 | 0.0 |
Treasury stock at cost, 11,969,583 and 11,124,021 shares as of September 30, 2022 and December 31, 2021, respectively | (982.2) | (764.3) |
Additional paid-in capital | 738.9 | 689.0 |
Retained earnings | 1,563.0 | 1,526.5 |
Accumulated other comprehensive loss: | ||
Currency translation adjustment | (140.7) | (40.8) |
Unrealized gain on available-for-sale investments | 0.0 | 5.5 |
Total accumulated other comprehensive loss | (140.7) | (35.3) |
Total equity | 1,179.0 | 1,415.9 |
Total liabilities and equity | $ 3,415.1 | $ 2,862.7 |