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Dec 31, 2020
Morningstar Q4 2020 Earnings Report
Morningstar's Q4 2020 financial results demonstrated growth and resilience, with revenue increasing by 14.4% and net income significantly rising due to strategic acquisitions and strong performance in key product areas.
Key Takeaways
Morningstar reported a strong fourth quarter and full year for 2020, marked by revenue growth, strategic acquisitions like Sustainalytics, and increased profitability. The company's focus on ESG and expansion in data and analytics contributed to its success.
Revenue for the fourth quarter of 2020 increased 14.4% to $380.4 million.
Organic revenue grew by 7.9% compared with the prior-year period.
Net income in the fourth quarter of 2020 was $75.3 million, or $1.74 per diluted share.
Adjusted diluted net income per share increased 67.0% to $1.57, compared with $0.94 in the prior-year period.
Morningstar
Morningstar
Morningstar Revenue by Segment
Revenue by Segment
Morningstar Direct Revenue
CapyFin.comPitchBook Revenue
CapyFin.com Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income