Pretax income is the income that a company earns before paying income taxes. Morningstar's pretax income for the
three
months ended in Mar. 2024 was $87 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $266 Mil.
Morningstar's pretax margin was 16.03%.
During the past 13 years, Morningstar's highest Pretax Margin was 28.16%. The lowest was 6.98%. And the median was 18.35%.
Morningstar Pre-Tax Income Historical Data
The historical data trend for Morningstar's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Morningstar's Pre-Tax Income
For the Financial Data & Stock Exchanges subindustry, Morningstar's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Morningstar's Pre-Tax Income Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Morningstar's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Morningstar's Pre-Tax Income falls into.
Morningstar Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Morningstar's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $266 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Morningstar (NAS:MORN) Pre-Tax Income Explanation
Morningstar's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, Morningstar's highest Pretax Margin was 28.16%. The lowest was 6.98%. And the median was 18.35%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Morningstar Pre-Tax Income Related Terms
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Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, and currency exchanges and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's largest share of revenue is generated in the United States of America.
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