Morningstar, Inc. company info

CIK 1289419
IRS Number 363297908
State of incorporation IL
Business address 22 WEST WASHINGTON STREET
None
CHICAGO
IL
60602
Mail address 22 WEST WASHINGTON STREET
None
CHICAGO
IL
60602

Short summary

Morningstar, Inc. is a Illinois company, with head office located at 22 West Washington Street Chicago, Illinois 60602. The company achieved a record breaking net income in 2016 - 161.00 million USD. In 2017 the company owned a total of 1.44 billion USD worth of assets, including 549.70 million USD worth of current assets. The company amassed the most assets last year, totalling up to 1.44 billion USD. The company net sales last year amounted to 911.70 million USD, which means a 14.16% increase when compared to 2016.

Morningstar, Inc. Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Revenue, Net 479.00555.35631.40658.29698.30760.10788.80798.60911.70
Cost of Goods and Services Sold 128.62157.07182.13246.78271.44318.60330.10344.30386.60
Research and development 40.3438.3849.2453.1651.44
Operating Income (Loss) 138.88124.67121.06138.42150.67170.65105.60190.60180.80169.80
Interest expense 0.350.281.320.310.23
Other Nonoperating Income (Expense) -1.44-0.084.30-0.65-2.73-3.200.071.206.10-5
Income Tax Expense (Benefit) 54.4246.7842.7643.6652.8856.0335.7062.7063.7042.90
Net income 89.6382.1386.3798.36108.08123.5378.30132.60161136.90

Morningstar, Inc. Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 159.58187.10154.38195.02147.50169.81176.25225.60202.40285.60311
Available-for-sale Securities, Current 214.21217.48109.6916.028.8026.6031.3021.30
Accounts Receivable, Net, Current 90.13111.52117.02110.65135.02143.90137.30143.60158.20
Deferred income taxes 1.462.794.903.596.4410.500
Property, Plant and Equipment, Gross 130.67138.95171.53211.15250.50304.30366.90432.10
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 68.5770.7587.51106.17151191246.50300.30
Goodwill 281.81326.54316.96321.43388.84364.20371.50561.50567.40
Other Assets, Noncurrent 5.737.687.8011.547.8479.6010.3011.20
Total assets 962.531,153.071,105.781,039.061,051.221,047.601,0521,3761,436.50
Current assets 437.61575.42541.99462.39402.59435.40409507.40549.70
Total current liabilities 213.34246.26262.14253.30322.19305328.60301.80327.30
Deferred income taxes 3.4219.4816.1824.0719.1828.7019.9038.6028.80
Total liabilities 246.46296.84308.55321.78382.56377.70412.60636.90578.20
Common Stock, Value, Issued 0.010.010.010.010.010000
Retained Earnings (Accumulated Deficit) 284.94367.31447.03545.35595.91686.40780.80906.301,007
Accumulated Other Comprehensive Income (Loss), Net of Tax -13.2117.830.27-6.0810.66-36-62.40-59.50-39.50

Morningstar, Inc. Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 89.6382.1386.3798.36108.08123.5378.30132.60161136.90
Depreciation 13.0014.8115.6519.1524.2032.6042.4051.3067.60
Amortization of Intangible Assets 24.8527.2723.9421.5022.302219.4023.60
Depreciation and amortization 26.0031.9639.6642.9143.1045.7054.9064.4070.7091.20
Deferred Income Tax Expense (Benefit) 11.90-3.37-2.71-5.436.34-1.123.302.904.70-13.90
Accounts receivable 0.66-12.3623.653.8617.121.5925.906.900.101.20
Deferred revenue -1.60-8.705.759.587.773.70-1.7010.606.702.50
Net Cash Provided by (Used in) Operating Activities 149.34101.26123.42164.98146.00186.66132.20241.50213.70250.10
Payments to Acquire Property, Plant, and Equipment 12.3714.7723.3230.0433.5858.3257.3062.8066.60
Payments to Acquire Businesses, Net of Cash Acquired 105.4174.18102.32-0.30011.1064.4511.10191.601
Net Cash Provided by (Used in) Investing Activities -179.12-174.68-87.95-110.7780.19-14.86-31.20-79.50-274.20-60.80
Payments for Repurchase of Common Stock 03.7940.67251.81153.5076.739748.8042.30
Net Cash Provided by (Used in) Financing Activities 50.7425.3212.53-32.60-265.18-166.40-71.70-127.50123.70-157.50
Cash and Cash Equivalents, Period Increase (Decrease) 14.32-43.4049.6820.26-36.554.2716.9921.905249.10