Morningstar Past Earnings Performance

Past criteria checks 5/6

Morningstar's earnings have been declining at an average annual rate of -1%, while the Capital Markets industry saw earnings declining at 0.8% annually. Revenues have been growing at an average rate of 12.9% per year. Morningstar's return on equity is 20.9%, and it has net margins of 14.7%.

Key information

-1.0%

Earnings growth rate

-0.9%

EPS growth rate

Capital Markets Industry Growth15.2%
Revenue growth rate12.9%
Return on equity20.9%
Net Margin14.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Morningstar makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:MRS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,2233277540
30 Jun 242,1692467650
31 Mar 242,1022137730
31 Dec 232,0391417800
30 Sep 231,975717690
30 Jun 231,928237790
31 Mar 231,893177580
31 Dec 221,871717310
30 Sep 221,8581247040
30 Jun 221,8191826520
31 Mar 221,7641856090
31 Dec 211,6991935930
30 Sep 211,6182125130
30 Jun 211,5462394990
31 Mar 211,4582554650
31 Dec 201,3902244780
30 Sep 201,3421764650
30 Jun 201,2981494280
31 Mar 201,2441434160
31 Dec 191,1791523890
30 Sep 191,1091673510
30 Jun 191,0571753210
31 Mar 191,0351743060
31 Dec 181,0201832960
30 Sep 181,0001802880
30 Jun 189691572810
31 Mar 189461612720
31 Dec 179121372640
30 Sep 178811682490
30 Jun 178471652340
31 Mar 178161502180
31 Dec 167991612030
30 Sep 167881281970
30 Jun 167871311980
31 Mar 167911322000
31 Dec 157891332040
30 Sep 157841272080
30 Jun 157811242120
31 Mar 15769822170
31 Dec 14760782200
30 Sep 14744782200
30 Jun 14725792120
31 Mar 147111202100

Quality Earnings: MRS has high quality earnings.

Growing Profit Margin: MRS's current net profit margins (14.7%) are higher than last year (3.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MRS's earnings have declined by 1% per year over the past 5 years.

Accelerating Growth: MRS's earnings growth over the past year (360.5%) exceeds its 5-year average (-1% per year).

Earnings vs Industry: MRS earnings growth over the past year (360.5%) exceeded the Capital Markets industry 11.6%.


Return on Equity

High ROE: MRS's Return on Equity (20.9%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 17:11
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Morningstar, Inc. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey SilberBMO Capital Markets Equity Research
Niamh AlexanderKeefe, Bruyette, & Woods
Russell QuelchRedburn Atlantic