← Morningstar, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $259.1m | $308.2m | $369.3m | $334.1m | $422.5m | $483.8m | $376.6m | $337.9m | $502.7m | $474.5m | |
| Assets, Current | $472.0m | $529.8m | $601.6m | $603.2m | $730.0m | $887.6m | $810.8m | $815.7m | $1.0b | $1.0b | |
| Property, Plant and Equipment, Net | $152.1m | $147.4m | $143.5m | $154.7m | $155.1m | $171.8m | $199.4m | $207.7m | $218.9m | $231.9m | |
| Goodwill | $556.8m | $564.9m | $556.7m | $1.0b | $1.2b | $1.2b | $1.6b | $1.6b | $1.6b | $1.6b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $144.8m | $147.7m | $149.2m | $191.6m | $163.9m | $181.2m | $159.0m | |
| Other Assets, Noncurrent | $8.8m | $6.2m | $4.7m | $11.9m | $14.4m | $11.7m | $10.5m | $8.8m | $8.8m | $12.1m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $145.8m | $148.2m | $172.2m | $188.5m | $205.1m | $268.9m | $307.9m | $343.9m | $358.1m | $390.4m | |
| AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax | ($200k) | $1.3m | ($500k) | $2.4m | $3.7m | $5.5m | $0 | ($100k) | ($100k) | $0 | |
| Assets | $1.4b | $1.4b | $1.5b | $2.4b | $2.7b | $2.9b | $3.5b | $3.4b | $3.5b | $3.6b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $35.8m | $39.9m | $36.4m | $37.3m | $36.4m | $35.1m | $41.8m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $138.7m | $137.7m | $135.7m | $176.7m | $151.4m | $170.3m | $146.7m | |
| Deferred Revenue, Current | $165.4m | $171.3m | $195.8m | $250.1m | $306.8m | $377.4m | $455.6m | $517.7m | $540.8m | $586.1m | |
| Long-term Debt, Current Maturities | — | — | $0 | $11.0m | $0 | $0 | $32.1m | $32.1m | $0 | — | |
| Long-term Debt, Excluding Current Maturities | $250.0m | $180.0m | $70.0m | $502.1m | $449.1m | $359.4m | $1.1b | $972.4m | $698.6m | $1.1b | |
| Liabilities, Current | $294.9m | $323.2m | $362.8m | $495.8m | $626.5m | $783.5m | $882.5m | $880.8m | $967.3m | $1.1b | |
| Deferred Income Tax Liabilities, Net | — | — | — | $95.0m | $108.9m | $101.7m | $62.9m | $35.6m | $27.6m | $27.2m | |
| Other Liabilities, Noncurrent | $35.9m | $35.4m | $13.6m | $11.4m | $33.8m | $13.8m | $13.9m | $17.5m | $11.4m | $14.3m | |
| Deferred Tax Liabilities, Net | $38.2m | $23.6m | $22.2m | $84.3m | $96.3m | $88.9m | $52.1m | $21.0m | $27.6m | $27.2m | |
| Liabilities | $654.1m | $600.8m | $519.1m | $1.3b | $1.4b | $1.4b | $2.3b | $2.1b | $1.9b | $2.4b | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings (Accumulated Deficit) | $861.9m | $958.7m | $1.1b | $1.2b | $1.4b | $1.5b | $1.5b | $1.6b | $1.9b | $2.2b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($81.5m) | ($46.6m) | ($75.0m) | ($60.6m) | ($22.0m) | ($35.3m) | ($99.0m) | ($86.5m) | ($119.4m) | ($68.1m) | |
| Additional Paid in Capital, Common Stock | $584.0m | $601.0m | $621.7m | $655.0m | $671.3m | $689.0m | $757.8m | $789.0m | $822.7m | $869.5m | |
| Stockholders' Equity Attributable to Parent | $696.5m | $804.9m | — | — | — | — | — | — | — | — | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $300k | $0 | — | — | — | — | — | — | — | — | |
| Liabilities and Equity | $1.4b | $1.4b | $1.5b | $2.4b | $2.7b | $2.9b | $3.5b | $3.4b | $3.5b | $3.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.