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 growing at 2.6% 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 Growth | 15.2% |
Revenue growth rate | 12.9% |
Return on equity | 20.9% |
Net Margin | 14.7% |
Last Earnings Update | 30 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
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 24 | 2,223 | 327 | 754 | 0 |
30 Jun 24 | 2,169 | 246 | 765 | 0 |
31 Mar 24 | 2,102 | 213 | 773 | 0 |
31 Dec 23 | 2,039 | 141 | 780 | 0 |
30 Sep 23 | 1,975 | 71 | 769 | 0 |
30 Jun 23 | 1,928 | 23 | 779 | 0 |
31 Mar 23 | 1,893 | 17 | 758 | 0 |
31 Dec 22 | 1,871 | 71 | 731 | 0 |
30 Sep 22 | 1,858 | 124 | 704 | 0 |
30 Jun 22 | 1,819 | 182 | 652 | 0 |
31 Mar 22 | 1,764 | 185 | 609 | 0 |
31 Dec 21 | 1,699 | 193 | 593 | 0 |
30 Sep 21 | 1,618 | 212 | 513 | 0 |
30 Jun 21 | 1,546 | 239 | 499 | 0 |
31 Mar 21 | 1,458 | 255 | 465 | 0 |
31 Dec 20 | 1,390 | 224 | 478 | 0 |
30 Sep 20 | 1,342 | 176 | 465 | 0 |
30 Jun 20 | 1,298 | 149 | 428 | 0 |
31 Mar 20 | 1,244 | 143 | 416 | 0 |
31 Dec 19 | 1,179 | 152 | 389 | 0 |
30 Sep 19 | 1,109 | 167 | 351 | 0 |
30 Jun 19 | 1,057 | 175 | 321 | 0 |
31 Mar 19 | 1,035 | 174 | 306 | 0 |
31 Dec 18 | 1,020 | 183 | 296 | 0 |
30 Sep 18 | 1,000 | 180 | 288 | 0 |
30 Jun 18 | 969 | 157 | 281 | 0 |
31 Mar 18 | 946 | 161 | 272 | 0 |
31 Dec 17 | 912 | 137 | 264 | 0 |
30 Sep 17 | 881 | 168 | 249 | 0 |
30 Jun 17 | 847 | 165 | 234 | 0 |
31 Mar 17 | 816 | 150 | 218 | 0 |
31 Dec 16 | 799 | 161 | 203 | 0 |
30 Sep 16 | 788 | 128 | 197 | 0 |
30 Jun 16 | 787 | 131 | 198 | 0 |
31 Mar 16 | 791 | 132 | 200 | 0 |
31 Dec 15 | 789 | 133 | 204 | 0 |
30 Sep 15 | 784 | 127 | 208 | 0 |
30 Jun 15 | 781 | 124 | 212 | 0 |
31 Mar 15 | 769 | 82 | 217 | 0 |
31 Dec 14 | 760 | 78 | 220 | 0 |
30 Sep 14 | 744 | 78 | 220 | 0 |
30 Jun 14 | 725 | 79 | 212 | 0 |
31 Mar 14 | 711 | 120 | 210 | 0 |
31 Dec 13 | 698 | 124 | 211 | 0 |
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 10.8%.
Return on Equity
High ROE: MRS's Return on Equity (20.9%) is considered high.