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Dec 31, 2021
Morningstar Q4 2021 Earnings Report
Morningstar experienced revenue and cash generation, marking a year of growth.
Key Takeaways
Morningstar, Inc. reported strong fourth-quarter revenue and cash generation, concluding a year of significant growth. Revenue for the quarter increased by 21.5% to $462.2 million. Net income for the fourth quarter was $56.5 million, or $1.30 per diluted share.
Revenue increased 21.5% to $462.2 million.
Organic revenue grew 21.4% compared to the prior-year period.
Operating income was $74.8 million, a 14.9% increase compared to the prior-year period.
Net income was $56.5 million, or $1.30 per diluted share.